Which credit card gives rewards for insurance payment?
Let us know the best ways to pay insurance premiums using a credit card and earn reward points/cash back on the same.
Using HDFC credit card, you can buy Amazon vouchers through Smartbuy platform at 6-16% discount depending on your credit card.
Amex credit cards do not offer reward points on insurance payments, but they do offer reward points + multiplier benefits on purchasing Amazon vouchers.
Amazon Pay only allows insurance premiums of less than 1 lakh through its platform. Also, only 6 premium payments can be made in a month using credit card/Amazon Pay.
Insurance premium thru Payzapp - Payzapp app you make insurance payments using credit cards and get up to 10% reward points.
You can use HDFC Credit cards to make payments as you get reward points on insurance payments with some capping.
Some other cards that offer reward points on insurance premium payment are Axis Ace Credit Card (2% cashback), Kotak Kutch Credit Card (reward rate up to 2% depending on the variant)
ICICI Amazon credit card (1% cashback), BoB Eterna (0.75% reward rate), SC Ultimate etc.
If you have to pay insurance premiums every year, plan for the same and put them on your credit card.