A portable electronic accessory holder for insertion into an existing vehicle cup holder includes a body having a continuous side wall that is sized to be received within the vehicle cup holder and an upper surface that coincides with at least a portion of the side wall. A pair of spaced sides extend upwardly from the upper surface to thereby define a gap therebetween. The gap is dimensioned to receive and hold a portable accessory, such as a portable phone, with the upper surface defining a support surface for the portable accessory. One or more cavities may also be located in the holder for providing multiple mounting positions for portable accessories.