topic NFCU Cash Rewards cellphone insurance to end in Credit Cards

NFCU Cash Rewards cellphone insurance to end

SUPERSQUID — Fri, 07 Jan 2022 21:03:22 GMT

I was talking to a NFCU csr today and they informed me that NAVY will end cellphone coverage this month on 1/21/22

Re: NFCU Cash Rewards cellphone insurance to end

Ficoproblems247 — Fri, 07 Jan 2022 21:31:44 GMT

I think that is going away with a lot of cards, unfortunately. When I signed up for my MCP just a few months ago it had it, now it does not appear on any of the literature I can find. I work in that industry and see how people treat their phones on a daily basis! My guess is that these companies are realizing that this is a service that is more trouble than what it's worth.

Re: NFCU Cash Rewards cellphone insurance to end

collics — Sat, 08 Jan 2022 04:27:17 GMT

Welp. Good think I purchased Apple Care I guess.

Re: NFCU Cash Rewards cellphone insurance to end

OmarGB9 — Sat, 08 Jan 2022 06:13:46 GMT

Kinda lame, but at the same time, I don't use it because I'd rather get $10 off/line using autopay with my debit card on Verizon.

Re: NFCU Cash Rewards cellphone insurance to end

Irv02 — Sat, 08 Jan 2022 09:39:56 GMT

Thanks for the info. Are there any cards left that do cover cell phone insurance?

Re: NFCU Cash Rewards cellphone insurance to end

SUPERSQUID — Sat, 08 Jan 2022 09:49:31 GMT

@Irv02 wrote:
Thanks for the info. Are there any cards left that do cover cell phone insurance?

I wish i knew if other cards offered it. my luck i just got the nfcu cash rewards visa last month. the csr told me they just had a meeting friday morning to decide this issue.

Re: NFCU Cash Rewards cellphone insurance to end

M_Smart007 — Sat, 08 Jan 2022 15:36:33 GMT

Chase Freedom Flex

"Cell Phone Protection

Get up to $800 per claim and $1,000 per year in cell phone protection against covered theft or damage for phones listed on your monthly cell phone bill when you pay it with your eligible credit card. Maximum of 2 claims in a 12 month period with a $50 deductible per claim."

ETA: YMMV >> https://www.nerdwallet.com/article/credit-cards/credit-cards-with-cell-phone-insurance

Re: NFCU Cash Rewards cellphone insurance to end

SUPERSQUID — Sat, 08 Jan 2022 16:11:59 GMT

@M_Smart007 wrote:
Chase Freedom Flex

"Cell Phone Protection
Get up to $800 per claim and $1,000 per year in cell phone protection against covered theft or damage for phones listed on your monthly cell phone bill when you pay it with your eligible credit card. Maximum of 2 claims in a 12 month period with a $50 deductible per claim."

ETA: YMMV >> https://www.nerdwallet.com/article/credit-cards/credit-cards-with-cell-phone-insurance

If i hadnt burned chase for over 20k in my bk7 that would be an option but i'm probably banned for life. thanks for posting that maybe someone will go that route if they are clean with chase.

Re: NFCU Cash Rewards cellphone insurance to end

M_Smart007 — Sat, 08 Jan 2022 16:41:30 GMT

@SUPERSQUID, Chase has a pretty long memory if you burned them. According to the DP's I have read.

Sorry, for OT post

Re: NFCU Cash Rewards cellphone insurance to end

Anonymous — Sat, 08 Jan 2022 17:07:17 GMT

At this stage, I would be cautious about getting a new card just because it has cellphone insurance (just got burned myself with Max Cash) as the situation seems pretty volatile. It may have become too expensive for some insurers so premiums paid by the network/issuers became too high for a free benefit.

Re: NFCU Cash Rewards cellphone insurance to end

Anonymous — Sat, 08 Jan 2022 17:08:57 GMT

@OmarGB9 wrote:
Kinda lame, but at the same time, I don't use it because I'd rather get $10 off/line using autopay with my debit card on Verizon.

If you have Paypal key you can get that plus any credit card rewards/coverage

Re: NFCU Cash Rewards cellphone insurance to end

Loquat — Sat, 08 Jan 2022 17:33:14 GMT

Interestingly enough I just got an email a coupe of days ago saying from Wells Fargo/Dillard's saying that I now have cell phone protection up to $600 if I use the card to pay the bill. I often forget that I still have this card and shocked that it hasn't been closed due to inactivity.

Re: NFCU Cash Rewards cellphone insurance to end

Anonymous — Sun, 09 Jan 2022 00:02:42 GMT

Some of the Amex cards offer it. Off the top of my head, the platinum cards and the Hilton Aspire.

Re: NFCU Cash Rewards cellphone insurance to end

summerterrace — Sun, 09 Jan 2022 00:44:54 GMT

It's still a benefit on the NFCU Flagship although the coverage is only $250 per claim.

Re: NFCU Cash Rewards cellphone insurance to end

SUPERSQUID — Sun, 09 Jan 2022 02:24:02 GMT

@summerterrace wrote:
It's still a benefit on the NFCU Flagship although the coverage is only $250 per claim.

Have you called in to NFCU? By chance i called in friday and the csr told me they made the decision to end cell phone coverage on 1/21 in a meeting friday morning so technically i still have coverage until then. I know flagship is the primo card so maybe that particular card will still have the coverage. Theres only one way to check, call them.

Re: NFCU Cash Rewards cellphone insurance to end

OmarGB9 — Sun, 09 Jan 2022 02:35:42 GMT

@Anonymous wrote:
@OmarGB9 wrote:
Kinda lame, but at the same time, I don't use it because I'd rather get $10 off/line using autopay with my debit card on Verizon.
If you have Paypal key you can get that plus any credit card rewards/coverage

Yes, but getting PayPal key is like impossible right now.

Re: NFCU Cash Rewards cellphone insurance to end

W261w261 — Sun, 09 Jan 2022 02:53:18 GMT

Amex Delta Reserve and Plat I believe

Re: NFCU Cash Rewards cellphone insurance to end

summerterrace — Thu, 13 Jan 2022 11:54:22 GMT

Confirmed it's ending on the Flagship card as well. ☹️

Re: NFCU Cash Rewards cellphone insurance to end

EAJuggalo — Thu, 13 Jan 2022 13:08:46 GMT

**bleep**, I guess I'm self insuring my phones again. Looks like I'll be moving my PayPal Key to a different card. No reason to get 1 UR/dollar when I can have 2 MR/$.

Re: NFCU Cash Rewards cellphone insurance to end

Anonymalous — Thu, 13 Jan 2022 13:59:57 GMT

@M_Smart007 wrote:
Chase Freedom Flex

"Cell Phone Protection
Get up to $800 per claim and $1,000 per year in cell phone protection against covered theft or damage for phones listed on your monthly cell phone bill when you pay it with your eligible credit card. Maximum of 2 claims in a 12 month period with a $50 deductible per claim."

ETA: YMMV >> https://www.nerdwallet.com/article/credit-cards/credit-cards-with-cell-phone-insurance

Isn't that gone as well? Chase's website still says the Flex has cell phone coverage, but as I understand it, the insurance is provided through MasterCard (Elite/World Elite), and there are some reports of people calling into MC, giving their card number, and being told no, they no longer provide that. It could be that Chase hasn't gotten the message yet, or that they plan to provide coverage on their own, but it seems really unclear at the moment. I don't know how that applies to the CashRewards, which can be either MC or VISA.

Edit: Looks like there's a separate thread on the Flex and cell phone coverage:

https://ficoforums.myfico.com/t5/Credit-Cards/Chase-Freedom-Flex-losing-cell-phone-insurance/td-p/6472263