💳 THESE Credit Cards Reward You for Paying Insurance Premiums — Here’s the 2025 List
Paying insurance premiums is a necessity—but what if those payments could earn you reward points, cashback, or benefits?
Several Indian credit cards now reward policyholders for using their cards for insurance spends. We’ve curated the most rewarding ones for 2025.
🏆 Top Credit Cards That Offer Rewards on Insurance Payments:
1. HDFC Regalia Credit Card
Reward: 4 points per ₹150 spent on insurance
Annual Fee: ₹2,500
Caveat: Max cap on reward earning for insurance is ₹5,000/month
2. Axis Bank Magnus Credit Card
Reward: 12 points per ₹200 spent
Bonus: Monthly milestone benefits on ₹1 lakh+ spends
3. ICICI Bank Sapphiro Card
Reward: 2 points per ₹100 on insurance
USP: Lounge access + insurance-linked privileges
4. SBI Card ELITE
Reward: Up to 10x reward points on special categories (incl. insurance in some months)
Fee: ₹4,999 (waived on spends)
5. American Express SmartEarn Card
Reward: 1 point per ₹50 spent
Pros: Fast Amex point conversion, good for urban users
💡 Pro Tip: Always check if your insurer accepts credit cards and if the transaction qualifies as a “retail spend” for points.
🧾 Vizzve Financials’ Smart Rewards Tracker
Vizzve Financials now features a SmartCard Spending Analyzer that:
✅ Flags which insurance spends are eligible for rewards
💡 Recommends the best card to use based on your reward strategy
📲 Sends monthly alerts before premium due dates
📉 Tracks annual fee value recovery from rewards
“Our users earned an average of ₹3,800 annually on insurance payments via the right credit cards,” shared Ankit Rao, Product Head, Vizzve Financials.
❓FAQ – Credit Card Rewards on Insurance Premiums
Q1: Do all credit cards offer rewards on insurance premium payments?
No. Some cards exclude insurance spends or offer reduced rewards on such categories.
Q2: Can I split insurance premiums across cards to maximize points?
Technically yes, if the insurer allows split payments. But confirm if both transactions will earn rewards.
Q3: Do wallet-based payments (e.g., GPay, Paytm) still earn points?
Most issuers do not offer points if insurance is paid through wallets. Use the card directly.
Q4: Will it impact my credit score?
Not unless you revolve the payment. Paying in full boosts your credit utilization score positively.
Q5: Does Vizzve suggest the best credit card based on my insurance type?
Yes. Vizzve’s AI engine cross-checks your insurer, premium frequency, and card to optimize reward output.
📌 Final Word
Don’t let your insurance premiums go unrewarded. With the right credit card, you can turn every health or life insurance payment into reward points, travel vouchers, or cashback. And with tools like Vizzve Financials, you’ll never miss the best card-match opportunity again.
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Published on July 7, 2025 • By Benny
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