Chase Ink Business Preferred Cell Phone Protection: Increased to $ 3,000

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  • The Ink Business Preferred® credit card comes with cell phone protection when you pay your bill with the card.
  • He increased his coverage to $ 1,000 per claim, up to three times in a 12-month period.
  • Previously, the coverage limit could go up to $ 600 per claim with the same deductible.
  • Read the Insider Guide to the Best Credit Cards for Small Business.

Paying your bill wirelessly with a credit card that offers cell phone protection is a great way to save money on expensive insurance premiums (not to mention expensive repairs). A number of personal and small business cards offer this benefit, and now one of the best cards with cell phone protection has increased its coverage limits.

Until now, the Ink Business Preferred® credit card has offered up to $ 600 in coverage per claim with a $ 100 deductible, up to three times per year. He has now increased his coverage to $ 1,000 per claim with a $ 100 deductible, up to three times per 12 month period.

Read more: 5 Ways to Redeem 100,000 Chase Ultimate Rewards Points for Ink Business Preferred Credit Card

This brings the card’s cell phone protection in line with the recently announced Ink Business Premier card.

, which offers the same benefit up to a maximum of $ 3,000 per year.

Here’s what you need to know about cell phone protection with the Ink Business Preferred® credit card.

Chase Ink Business Preferred Cell Phone Protection Increased

Regular APR

Variable APR from 15.99% to 20.99%

Credit score

Good to Excellent

Featured Reward

100,000 points after spending $ 15,000 on purchases during the first 3 months after opening the account

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  • Advantages and disadvantages

  • Details

  • Advantages
    • High sign-up bonus
    • Offers 3x bonus points on multiple expense categories, including travel and advertising purchases
    • Includes comprehensive travel coverage
    The inconvenients
    • The welcome bonus has a very high minimum spending requirement
    • Earn 100,000 bonus points after spending $ 15,000 on purchases in the first 3 months after opening the account. This is $ 1,000 or $ 1,250 cash back for travel when redeemed through Chase Ultimate Rewards®
    • Earn 3 points per $ 1 on the first $ 150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $ 1 on all other purchases
    • With fraud protection, your card transactions will be monitored for possible signs of fraudulent activity with real-time fraud monitoring.
    • With Zero Liability, you will not be held responsible for any unauthorized charges made with your card or account information.
    • Redeem your points for cash back, gift cards, travel and more – your points do not expire while your account is open
    • Points are worth 25% more when redeemed for travel through Chase Ultimate Rewards®
    • Purchase Protection covers your new purchases for 120 days against damage or theft up to $ 10,000 per claim and $ 50,000 per account.

    Read our review
    Read our review A long arrow, pointing to the right

    You must pay your monthly mobile phone bill in full with the Ink Business Preferred® credit card to qualify for cell phone coverage, but in doing so, you will have protection for the main line and all lines. additional employees on your account.

    Cardholders are eligible for the benefit from the day following your wireless payment and it remains in effect until the last day of the calendar month following payment. The benefit includes cell phone damage, theft, and “unintentional and accidental separation” (unintentional separation in which the location of the phone is known but the recovery is impossible to complete) – but keep in mind that phones lost are not covered.

    In addition, this protection is secondary to any wireless cellular phone insurance program, homeowner, tenant, automobile or employer insurance policies. Therefore, if you are covered by another policy, you will need to file a claim first.

    Featured credit cards from our partners
    Featured Reward

    60,000 points

    Credit needed

    Good to Excellent

    Featured Reward

    3 free nights (each worth up to 50,000 points) after qualifying purchases and 10x total points on qualifying purchases in certain categories

    Credit needed

    Good to Excellent

    Featured Reward

    $ 200 after spending $ 500 on purchases in the first three months after opening the account

    Credit needed

    Good to Excellent

    How to Apply for Ink Business Preferred Mobile Phone Protection

    Chase allows you to submit cell phone protection claims online at its Card Benefits website. You will need to file your claim within 60 days of the accidental damage, loss or separation, and complete the claim with all requested documents within 90 days of the date of the incident.

    Here are the documents you will need to file the claim:

    • Your credit card statement showing that you have paid your all phone bill with card
    • A copy of the billing statement from your current cell phone service provider
    • A copy of the original phone purchase receipt or proof that the phone is currently linked to your wireless account
    • A copy of the insurance claim from your landlord, tenant, automobile or wireless business (if applicable)
    • If a claim is due to damage, a copy of the repair estimate and / or photos of the damage
    • If the claim is due to theft, a copy of the police report (usually filed within 48 hours of the incident)

    I pay my bill wirelessly with the Ink Business Preferred® credit card and have filed two broken screen claims in recent years. Once you’ve gathered your documents, the process is relatively straightforward. Chase sent me a check for the amount of the claim, less a $ 100 deductible, within two weeks of approving my claim.

    If you do not have an Ink Business Preferred® credit card, now is a good time to apply as it is currently offering a welcome bonus of 100,000 points after spending $ 15,000 on purchases in the first 3 months after. opening the account. It’s also a great choice for paying cell phone bills, as it earns 3x points on phone, internet, cable, travel, shipping, and search engine or social media advertising purchases (up to 150,000 $ per year in combined purchases, then 1x).

    The savings I get each year by not having to pay for separate cell phone insurance more than justify the card’s $ 95 annual fee. Here’s our full Ink Business Preferred card review for all the details.

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