As a Frequent Traveler, I’m Passing on the Newest Version of the Apple iPhone

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As a Frequent Traveler, I’m Passing on the Newest Version of the Apple iPhone

KeithAs a Frequent Traveler, I’m Passing on the Newest Version of the Apple iPhoneMillion Mile Secrets Team

We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

Today is the big day lots of techies look forward to.  In just a few hours, Apple is expected to announce several new products.  It’s likely this will include a new version of the iPhone.  Remember to buy your iPhone with one of the best credit cards for extended warranty coverage!

I’m a loyal Apple fan.  Year after year I’ve purchased the new version of the iPhone on the first day they’re available.  Usually, I purchase a dozen or so and sell most of them on eBay.  The purchases help me earn valuable credit card points.  Plus, I use the profits to offset the cost of keeping one of the phones for myself.  But this year, I’m going to hold off on purchasing the latest and greatest version of the smartphone.

Lots of Folks Eagerly Await New Apple Product Launches! I’m Usually One Who Can’t Wait to Get My Hands on the Latest and Greatest iPhone!

Typically, I justify my iPhone purchase by telling myself that all of the new features will help enhance my travels.  A better camera will allow me to capture awesome shots on vacation.  A larger screen will make it more enjoyable to watch live TV on Southwest flights.  Extended battery life will keep my phone alive when I can’t find a charger.

Even though I have no idea what new iPhone features will be announced today, I’ve already made the decision to stick with my current iPhone X.  It’s less than a year old and it cost me more than $1,200.  Instead of spending $1,000+ on a phone each year, I’d rather use the money for a getaway with my wife!

For those of you with an older version of the iPhone who can’t wait to upgrade, I totally understand!  But before you make the purchase, be sure to use a card that offers purchase protection in the event your phone is lost, stolen, or damaged.  Here are a few of the best cards to cover your big-ticket purchase.

CoverageWhat's Covered?Coverage AmountLength of CoveragePrimary or SecondaryGuide to Benefits
The Platinum Card® from American Express• Theft, damage, or lost property• $10,000 for each
claim and up to $50,000 per calendar year
• 90 days from the date of your purchase• This coverage in excess of any valid and collectible insurance, such as
homeowner or rental insurance policies
AMEX Platinum Benefits Guide
Citi ThankYou Premier• Theft or damage• $10,000 for each
claim and up to $50,000 per calendar year
• 90 days from the date of your purchase• This coverage in excess of any valid and collectible insurance, such as homeowner or rental insurance policiesCiti ThankYou Premier Benefits Guide
Chase Sapphire Reserve℠• Theft, damage, or lost property• $10,000 for each
claim and up to $50,000 per calendar year
• 120 days from the date of your purchase
• This coverage in excess of any valid and collectible insurance, such as
homeowner or rental insurance policies
Chase Sapphire Reserve Benefits Guide

Or check out this post with the best cards for extended warranty coverage.

Even though I won’t be buying the new iPhone this year, I’ll definitely be tuning into live coverage of the Apple event starting today at 12:00 pm Central Time.

Are you planning to buy the new iPhone?  Let me know in the comments below!

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Citi ThankYou® Premier Card

Citi ThankYou® Premier Card

  • Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3X Points on Travel, Including Gas Stations
  • Earn 2X Points on Dining Out & Entertainment
  • Earn 1X Points on All Other Purchases
  • 60,000 Points are redeemable for $750 in airfare on any airline, anytime with no blackout dates when booked through the ThankYou® Travel Center, or $600 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • Points Transfer allows you to transfer points to participating airline loyalty programs
  • No Foreign Transaction Fees on purchases*

More Info

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You can sell your X for 7-8 hundred dollars which would help pay for your new phone. It’s my understanding Apple won’t let you buy more than one phone pp at the launch. How’d you buy a bunch to resell on ebay?

Author

Yes, it’s surprising how well the iPhones hold their value. I still think I’ll pass this time. When it comes to buying more than one, I typically place multiple orders online on the night of launch.

The dual SIM capability of the new models is a draw to me as a frequent international traveler who would like to save by buying local SIM cards instead of a travel plan.

Author

Definitely a sweet perk. Thank you for commenting.

How do you buy so many?

One from each carrier?

I’m also interested in this? Don’t the fees on eBay eat up all your potential profit or are you essentially selling at break even for the points only?

Author

In my experience, the phones usually sellout within a few hours and there’s a 2 to 3 month backorder. As a result, the phones sell for a hefty premium on eBay and you can make a nice profit.