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September is always an exciting time for Apple and tech fans. This September, we were introduced to three models of the new Apple iPhone. If you’re going to be the first of your friends to buy the iPhone what credit card will you use? What are the best credit cards for the Apple iPhone?
You will be spending between $750 and $1,500 for your new iPhone. There’s no doubt that this is a large investment. But with the right credit card, you will earn bonus points and enjoy free cell phone protection.
If you’re currently chipping away at a signup bonus, buying the new Apple iPhone helps you achieve it. But, if you’re in the market for a new credit card and phone, you might want to try this card instead.
Editor’s Note: Some of the offers below may have expired or are no longer available on our site.
The Best Credit Card for Apple iPhone Purchase
The information related to Wells Fargo Propel American Express® Card has been collected by Johnny Jet and has not been reviewed or provided by the issuer or provider of this product or service.
For your new iPhone, you should buy it with the Wells Fargo Propel American Express® Card.
This is a no annual fee travel rewards credit card. It also has some nice cell phone protection benefits. Your phone costs as much as a weekend trip. If you buy travel insurance, why not protect your $1000 smartphone too?
Free Cell Phone Protection
When you pay your monthly bill with the Wells Fargo Propel American Express Card, you get free cell phone protection. This saves you the cost of buying AppleCare or a similar cell phone insurance plan. You’re covered up to $600 in case your phone is lost or damaged. You only have to pay a $25 deductible.
Although you won’t recoup the entire purchase price of your phone, you get more back than other credit cards. Buying the iPhone XR for $749 puts you closest to a full reimbursement.
Get a Signup Bonus
New cardholders can also receive a 20,000 point signup bonus. This bonus is worth at least $200 in cash rewards. You can also redeem your points for:
- Gift Cards
- Charity Redemptions
You currently receive the 20,000-point signup bonus after spending $1,000 in the first three months. The new iPhone purchase puts you on the way there when you make a lump-sum purchase.
Earn 3x Points on Many Bonus Categories
You get 3x points on the following purchases:
- Travel Purchases
- Gas Stations
- Rideshares and Public Transit
- Streaming Services
These categories cover your most common monthly purchases. When you combine the 3x purchase rewards and the 50% air travel point redemption bonus, you’re enjoying many of the same point benefits as the Chase Sapphire Reserve® without the annual fee.
American Express Invites
Once you get your new iPhone, you can use it to capture moments for these unique experiences. The Wells Fargo Propel is issued by American Express. You can enjoy exclusive perks by owning an American Express card like the Propel.
Some of the purchases you may enjoy include:
- Complimentary Appetizers or Bottle of Wine
- Dining Discount
- Ticket Presales
The Best Credit Card for Business Owners
Maybe you need to upgrade your business phone. If so, buy your new Apple iPhone with the Chase Ink Business Preferred® Credit Card.
Business credit cards usually have higher signup bonus spending requirements than personal credit cards. Having to spend at least $5,000 in the first three months might not be difficult, but it isn’t a cakewalk either.
Buy a new Apple iPhone is an easy purchase. Plus, the Ink Business Preferred® Credit Card has one of the most valuable signup bonuses for any credit card. If you love Chase Ultimate Rewards points, this is the largest Ultimate Rewards bonus.
After spending $15,000 in the first three months, you earn 100,000 points. Your 100,000 points are worth $1,250 for travel rewards on the Chase travel portal. It doesn’t matter if it’s air travel, hotel nights, guided tours, or a cruise. You get the 25% redemption bonus on all award travel redemptions.
There’s also the 1:1 point transfers to your favorite airline and hotel programs too. The Chase Ink Business Preferred Credit Card is a good choice due to all of the perks.
Free Cell Phone Protection
Like the Wells Fargo Propel, you get up to $600 in cell phone protection benefits. The deductible is $100. Plus, you can make up to three claims every 12 months. If you have multiple employees with company phones, this benefit can save you some cash.
To qualify, you must pay your cell phone bill with the Ink Business Preferred.
Earn 3x Points on Business Purchases
You will also earn 3x Chase Ultimate Rewards points for following business purchases:
- Shipping Purchases
- Internet, Phone, and Cable
- Advertising on Social Media and Search Engines
Your purchases earn 3 points per $1 on the first $150,000 in combined spending each anniversary year. All remaining purchases earn an unlimited 1 point per $1 spent.
Redeeming Your Chase Ultimate Rewards
The Ink Business Preferred® Credit Card is an excellent credit card in many regards but mainly because of the flexibility to earn and redeem your rewards points. It also helps that Chase Ultimate Rewards points are some of the most valuable credit card points.
They are worth at least one cent each with any redemption option. But, they are worth at least 1.25 cents each for travel redemptions. The 25% redemption bonus applies to any travel redemption on the Chase travel portal.
But, you can find more value by transferring them on a 1:1 basis to an airline or hotel travel partner. With airlines specifically, each point can be worth at least two cents each! That’s double the standard value of most credit card points!
There are 13 travel partners, but some of the most popular options include:
- Southwest Airlines
- Aer Lingus
- British Airways Avios
You can book an award flight to any corner of the world with your rewards points.
Summary on Best Credit Cards for Apple iPhone
Buying the new iPhone is the perfect opportunity to earn a new signup bonus. When you pick a card with free cell phone protection, you also get free peace of mind. It’s not every day you make a large purchase on items such as the new Apple iPhone, so maximize your spending when you have the chance.
Chase Sapphire Preferred® Card
- Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
- 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.