Wells Fargo Credit Card saves the day! What.....

I have a confession to make, I pay my cell phone bill with my Wells Fargo credit card. Horrid, I know.

The Wells Fargo Rewards Credit Card gives you a measly 1 point for each dollar spent, with no bonus categories. The best that points can get you is 1 cent per point. If I spent $5,000 I would have 5,000 points which is worth $50 statement credit to my credit card.

Doesn't sound too bad right? Well if I spent that same $5,000 on a Chase Ink Bold card on my cell phone bill, that would net me 25k points or a round trip from Los Angeles to Hawaii. Sounds much better right?

So why do I charge my cell phone bill to my Wells Fargo Credit card?

 

That's why!


The Wells Fargo Credit card only mentions it in the fine print, but it covers cell phone damage, replacing a broken phone up to $600 with a deductible $25, up to 2 claims per a 2 month period. Basically if approved, you get $575 towards a new phone. The caveat is that you have to been paying the bill the month prior to the damage taking place. So naturally, I switched my bill payment to the Wells Fargo credit card, and reported the claim a couple months after it actually happened.

A phone call and a few emails later, I was approved for $600 towards a new Samsung S5. Once they receive an itemized receipt, they reimburse through a check in the mail. I even got to buy the phone with my Ink bold netting me another ~3k chase points in the process.

*Note: I bought the phone straight up, which was a total of $650 after taxes, The cheaper prices you see for phones are usually with a new plan or upgrade which extends your contract.