Opting for insurance is what adulting is all about. Many of us opt for insurance for peace of mind, whether it’s home or life. At the same time, others are mandatory, such as vehicle insurance. While most credit cards do not reward payments made towards insurance, some still offer decent rewards for insurance payments. In our article, you will learn about rewarding credit cards for insurance payments in India. Whether making your health, car, or life insurance payments, these cards shall help you earn rewards for the same. Some cards offer outright rewards for insurance payments, while some offer milestone benefits like vouchers, additional reward points, etc.
Top Cards for Insurance Payments in India
Insurance payment with a credit card would not only provide you with reasonable reward points but would also allow you to manage your finances better. Here are some of the top credit cards for insurance payment
- American Express Platinum Travel Card
- HDFC Tata Neu Infinity Credit Card
- HDFC Bank Regalia Gold Credit Card
- Amazon Pay ICICI Bank Credit Card
- HDFC Bank Diners Club Black Metal Edition Credit Card
- HDFC Bank INFINIA Metal Credit Card
- HDFC Bank BizBlack Metal Edition Credit Card
Rewards on Insurance Payments With Credit Cards
Let’s compare the reward rates offered by different credit cards on insurance payments.
| Cards | Joining/Renewal Fees | Rewards on Insurance |
| Amex Platinum Travel Card | ₹5,000 + GST | No Membership Reward Points for Insurance. But 15,000 MR Points on Spending ₹1.90 Lakh and ₹10,000 Voucher for Taj and 25,000 MR Points for Spending ₹4 Lakh in a Year |
| HDFC Tata Neu Infinity | ₹1,499 + GST | 5% Cashback as Neucoins (Pay Through the Tata Neu App) |
| HDFC Bank Regalia Gold | ₹2,500 + GST | 4 RPs/₹150 |
| Amazon Pay ICICI | Lifetime Free | 1% Cashback |
| HDFC Bank Diners Club Black Metal | ₹10,000 + GST | 5 RPs/₹150 |
| HDFC Bank INFINIA Metal | ₹10,000 + GST | 5 RPs/₹150 Upto 5,000 Reward Points Each Day |
| HDFC Bank BizBlack Metal Edition | ₹10,000 + GST | 5 RPs/₹150 Upto 5,000 Reward Points Each Day |
How We Came Up With This List?
Our article has been written after detailed research and analysis. We read in depth about various credit cards offering rewards for insurance payments in India. Only after extensive research did we curate our list. At Card Insider, we strive to write simple articles informing the general audience, along with card enthusiasts, of different ways through which you can save and take full advantage of your credit cards. Our methodology ensures that you receive true updated information that can benefit you in real time.
What to Keep in Mind While Making Insurance Payments With Credit Cards?
Many users simply pay their credit card insurance with the first card they find. This should be avoided at all costs. In order to maximize your returns, you should carefully examine the terms and conditions first and then make the credit card payments. Generic credit cards like SBI Cashback and Axis Ace do not offer any rewards on insurance. Usually, mid or premium-segment credit cards offer rewards on insurance.
Fun Fact: HDFC Bank is the issuer with the most credit cards offering rewards for insurance premium payments.
Bottom Line
In today’s fast-paced world, having the appropriate insurance coverage is crucial. Whether protecting our vehicles or maintaining good health, paying for insurance is a recurring responsibility. However, with so much going on, it can be challenging to keep track of these payments. Thankfully, credit cards offer a convenient solution to this problem. Easily make your insurance premium payments with the above-mentioned credit cards and earn rewards on these spends.
Would you like to add any card to the list? In the comments below, share your views on insurance payments with credit cards.
9 comments
Ananda
best card for life insurance payment today, rs 75k, pl advise
vishal
The Regalia Card isn’t giving any points on Tax payments which it was said it would be giving for, however not sure this work for insurance payments
Kartik Kanwar
Regalia Gold doesn’t offer any reward points for Tax payments. It does for insurance payments.
Praveen SV
My monthly insurance bills range from 15k – 20k. I used to buy amazon pay gift card using SBI Cashback (5% CB for online spends up to 5k) from amazon/park +app and add them back to the amazon pay wallet to pay off not only insurance but also other utility bills. I’m saving at least 1k every month for past 3 years. Kindly enter your policy details to see whether amazon fetches exact outstanding amount before you proceed to buy gift cards for utility payments. I won’t recommend this for late bill payers as bill payment might fail several times. You can buy up to 10k as gift cards in a single transaction and can do up to 5 transaction using amazon pay balance in a month. so, plan accordingly!!
P:S I use 4-5 amazon accounts which belongs to my family members for buying amazon pay gift cards.
Dhruv
Unable to pay HDFC Ergo insurance with American Express Card.
Sulata Ghosh
I want a credit card to pay my new india assurance which is a sum of 30,000 pls and reply in installments where no joining fee and low interest rate and no information like existing account holders details except basic details Ike pan card aadhar card
Debayan Chakraborty
But I did not get any reward points with HDFC Regalia Gold for HDFC Life Insurance premium
Gupta
Which card will give maximum points for Insurance premium payment and conversion to air miles
Kartik Kanwar
Diners Club Black and Regalia Gold would be best for this purpose.