Our top picks of timely offers from our partners

More details
One of the longest 0% intro APR offers plus, no annual fee
Rocket Mortgage
Learn More
Terms Apply
Easily apply for or refinance a mortgage online - our top pick for those with low credit scores
Upstart Personal Loans
Learn More
Terms Apply
Loans up to $50K - great option for those with fair to average credit
$300 statement credit welcome offer after meeting spending requirements
$200 welcome bonus offer plus, earn up to 5% cash back on eligible purchases
Select is editorially independent. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Read more about Select on CNBC and on NBC News, and click here to read our full advertiser disclosure.
Credit Cards

These 12 Amex cards will soon offer cell phone protection for damage or theft

American Express will soon provide eligible card members with cell phone protection, allowing you to be reimbursed for repair or replacement costs.

Getty Images
Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners.

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

If you’ve dropped your cell phone before, you’re familiar with the rush of adrenaline that occurs when you pick it up to check for damage. After all, the costs to repair a cracked screen or more serious damage can add up. For instance, you'll pay $329 to replace the screen on an iPhone 11 Pro Max that’s out of warranty.

While you can pay for cell phone insurance, you can save money on protection plans by using a credit card that offers cell phone protection at no additional cost.

American Express is launching a new cell phone protection benefit on 12 U.S. consumer and small business cards that can reimburse you for damage or theft of your eligible cell phone. This new benefit will be effective on April 1, 2021 and help you offset repair or replacement costs, subject to terms.

Here’s what you need to know about Amex’s upcoming cell phone protection benefit.

American Express cell phone protection

This launch will mark the first time American Express cards provide cell phone protection.

Here are the 12 eligible cards:

Amex’s cell phone protection plan offers coverage if your cell phone is stolen or damaged, including a cracked screen. You can be reimbursed for the repair or replacement costs for up to two approved claims, with a maximum of $800 per claim or $1,600 per 12-month period. The coverage amounts are generous compared to cards from other issuers that generally offer $600 per claim or $1,200 per 12-month period.

While there is a $50 deductible per approved claim, this is standard since cards from other issuers charge $25, $50 or $100 per claim.

In order to benefit from coverage, your cell phone line must be listed on a wireless bill and the prior month’s wireless bill must be paid with your eligible card.

For more information about the coverage, check out the guide to benefits at americanexpress.com/CPPTerms.

Coming soon

Select Offer of the Week, spotlighting a new financial product that can help you earn, save or spend your money smarter. Sign up now.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.