Checkout the list of best credit cards for insurance premium payment this year –  The insurance payment is a mandatory expenses for many especially salary individuals. There are multiple credit cards available but only few are offering any type of rewards or cashback on insurance payment. There are few credit cards which are giving multiple rewards on expenses made on Insurance Premium Payment. The payment of insurance premium is also good for those cards where the annual fees are being charged. The premium paid can be used as the mandatory expenses for the waiver of annual fees or renewal fees.

Let’s find the best credit cards for Insurance Premium Payment this year 2023.

Best Credit Cards To Pay Insurance Premium

1. Amex Credit Cards For Insurance Payment

American Express Credit Cards are best known for their 10,000 reward multiplier on insurance payment. Enroll for the campaign and pay the insurance premium with 5 bonus reward points on every Rs 100 with maximum of 10,000 reward point. The best part is the insurance payment amount is also counted under the spend based expenses and eligible for 10K  Taj Voucher.

How To Get Rewards on Amex Card Insurance Payment 

1. In order to get yourself eligible for the reward offering on insurance payment, one needs to enroll for the campaign
2. Check your email or message for the same and enroll your credit card for the same
3. If the cards are not enrolled first and payment are made, Amex may deny the multiple reward credit
4. Keep a copy of the enrollment screenshot for future dispute

Also Read – Amex Smart Earn Credit Card Review

2. Yes Bank Credit Cards For Insurance Payment

As like Amex Cards, Yes Bank credit Cards are also offering the 5X rewards point on insurance premium payments. There are selected credit cards which are eligibke for the multiple rewards on Insurance Premium payments.

The Offers on Yes Bank credit Cards are also registration based campaign and users need to first register their credit card through link provided by the bank. Check your Inbox or SMS and enroll first before making any payment.

3. Axis BANK Ace Credit Card

Get 2% Cashback reward on insurance premium payment using axis bank ace credit card. This is by default and no registration is required.

4. ICICI Amazon Pay Credit Cards

Get 1% Cashback reward on insurance premium payment using axis bank ace credit card. This is by default and no registration is required. Maximum amount is Rs 1.00 lacs

5. BoB Eterna Credit Cards

Get 0.75% Cashback reward on insurance premium payment using axis bank ace credit card. This is by default and no registration is required.

6. Kotak Kaching Credit Card

Get up to 2% Cashback reward on insurance premium payment using axis bank ace credit card. This is by default and no registration is required.

Insurance Payment through Payzapp Wallet

Payzapp is currently offering 3x (1x base rewards + 2x bonus rewards) on making any payment of over 2k thru the Payzapp platform. Thus, if your insurer is listed on the Payzapp app you make insurance payments using credit cards and get up to 10% reward points. This offer is limited to select HDFC Cards (Infinia, Regalia, Diners Black and Diners Privilege credit cards).