💳 THESE credit cards offer reward points on payment of insurance premium...

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Paying your LIC, health, or term insurance premium using a credit card? You might be missing out on reward points or cashback if you’re using the wrong one. Here’s a quick rundown of cards that actually reward you for insurance spends:

1. Axis Bank Aura Credit Card

This card is positioned for health-conscious users but stands out for insurance too.

  • Rewards : 10 EDGE points per ₹200 spent on insurance.
  • Reward Rate : Around 5%, but capped per transaction.
  • Limitations : Only up to ₹10,000 per insurance transaction earns full rewards.

:right_arrow: Great if you want health + insurance benefits in one place.

2. HDFC Infinia / Diners Club Black

These are premium metal cards with powerful reward structures.

  • Rewards : 3.3% effective return across all spending categories, including insurance.
  • Cap : You can earn up to 5,000 points/day — translates to ~₹1.5 lakh/day spend on insurance.

:right_arrow: Best suited for high spenders or premium users.

3. Tata Neu Infinity (HDFC)

Perfect if you pay via the Tata Neu app.

  • Rewards : 5% NeuCoins on insurance if paid through the app.
  • Outside App : Drops to ~1.5% on normal card usage.
  • Cap : ₹25,000 max on insurance spends eligible for 5% in a billing cycle.

:right_arrow: Great for Tata ecosystem users — good returns via app only.

4. Amazon Pay ICICI Credit Card

A simple, no-fee card that still offers decent benefits.

  • Rewards : 1% cashback on insurance payments.
  • Pros : No annual fee, no complex caps.

:right_arrow: Good for users who want rewards without any overhead.

5. SBI Prime / SBI Aura

SBI includes insurance in its rewards category on some cards.

  • Rewards : 2 points per ₹100 on insurance.
  • Value : ~0.5% to 0.75% depending on redemption.

:right_arrow: Solid mainstream option from a trusted bank.

6. AMEX Platinum Travel / Gold MRCC

Mixed rewards — sometimes no base points, but campaign-based bonuses apply.

  • Notes : Rewards depend on whether insurance counts toward monthly spends or milestone bonuses.
  • Best Use : For reaching ₹1.5L/₹4L milestones (Platinum Travel).

:right_arrow: Better used if you’re chasing milestone vouchers.

7. Standard Chartered Smart / Ultimate

  • SC Smart : 2% cashback on utility + insurance (capped at ₹1,000/month).
  • SC Ultimate : Uncapped 3.3% across spends (including insurance, depending on MCC).

:right_arrow: Useful if you want simple flat cashback with few restrictions.

:warning: What to Watch Before Paying Insurance via Card:

Check This Why It Matters
Reward caps Most cards have a monthly or per-day cap.
Category exclusions Some cards exclude insurance (MCC 6300).
Payment channel Some offer higher rewards only via app.
Cashback timelines May take a full billing cycle to credit.