Up to $1,000 mobile device insurance

Phones and tablets bought with your card are covered for up to $1,000 if they are lost, stolen, accidentally damaged or break down.

Conditions: Charge at least 75% of the device's cost to the card. If you finance the device through a wireless plan, charge the up-front amount and all monthly wireless bills to the card instead. The payout is the lesser of repair or replacement cost, based on the device's value after 2% depreciation for each month since purchase, minus a deductible of $25 to $100 depending on the price. You can make one claim in any 12 months and two in any 48 months. Accessories, batteries, used devices, and devices for business use are excluded. Underwritten by American Bankers Insurance Company of Florida.