not sure if you're being sarcastic here. It is true that journalistic heat has been known to help re-arrange development priorities, and not being able to pay your bill seems like a potentially significant problem.
IMO you are less likely to loose your phone then credit card. We think of actual physical credit card only when we need to pay with it. 99% of the time it is just sitting in the wallet being all useless. Phone is something we are using every 5 min or more so chances are less that one would loose phone like that. Now if you do loose it, and hopefully it is locked then no one can use your card. However one can just cancel the card by calling it from borrowed phone or something like that.