Paying insurance with credit cards? Choose wisely to earn rewards! Some credit cards offer cashback, reward points, or milestone benefits on insurance payments. Let’s break down the best options.
Why Use Credit Cards for Insurance Payments?
- Earn rewards on essential spends.
- Hit spending milestones for vouchers or bonus points.
- Better cash flow management.
Top Credit Cards for Insurance Payments
Here are the best credit cards to consider when paying for health, car, or life insurance:
- Amex Platinum Travel – Milestone benefits but no direct rewards.
- HDFC Tata Neu Infinity – 5% cashback as NeuCoins.
- Regalia Gold – 4 RPs/₹150 spent.
- Amazon Pay ICICI – 1% cashback.
- HDFC Diners Black – 5 RPs/₹150.
- INFINIA Metal – 5 RPs/₹150 (up to 5K/day).
- BizBlack Metal – 5 RPs/₹150 (up to 5K/day).
Reward Comparison
- Amazon Pay ICICI – Simple 1% cashback (LTF).
- Tata Neu Infinity – 5% NeuCoins (₹1,499 fee).
- Regalia Gold – 4 RPs/₹150 (₹2,500 fee).
- Diners Black/INFINIA/BizBlack – 5 RPs/₹150 (₹10K fee).
Milestone Perks
- Amex Platinum Travel –
- ₹1.9L spend = 15K MR points
- ₹4L spend = 25K MR points + Taj voucher
- Best for travelers aiming for luxury stays.
Pro Tips
- Always check reward eligibility before paying.
- Avoid basic cards (like SBI Cashback or Axis Ace) for insurance – no rewards on these.
- Use premium/mid-tier cards for better returns.
Why HDFC Cards Dominate?
- HDFC offers the most credit cards with insurance payment rewards.
- INFINIA, Diners Black, and Tata Neu stand out.
Insurance is unavoidable, but rewards are not! Choose the right credit card and turn insurance into points, vouchers, and cashback.