2L Insurance Premium – Need advice on best card

[Shekhar_kapoor]

Hi everyone,


I have an upcoming insurance premium of around ₹2,00,000 and want to use it smartly with the right credit card.


From what I know, cards like HDFC Infinia/Diners, Axis Magnus/Reserve, and Amex Platinum/Gold Charge are often considered for big-ticket spends. But I’ve also read that insurance has become a tricky category due to exclusions or reduced reward rates after recent devaluations.


The cards currently available in my family (my brother has these):

• Amex Gold, Amex Rewards, Amex SmartEarn
• Axis Privilege, Axis Ace, Axis Club Vistara, Axis Indian Oil
• HDFC Biz Grow, HDFC Regalia Gold
• Standard Chartered Ultimate
• IndusInd Pinnacle
• ICICI Amazon Pay
• Kotak Rewards, Kotak Zen
• Tata Neu Plus
• SBI SimplyClick, SBI Cashback
• RBL Shoprite
• IDFC Select

My questions:

1. Among these cards, does any one still give full reward benefit on insurance spends?
2. If not, which card would you seniors suggest as a better alternative for a one-time ₹2L premium payment (whether for rewards, milestones, or annual fee waivers)?
3. Any caps, hidden rules, or exclusions I should be aware of before swiping?

Since ₹2L is a substantial spend, I want to be sure it counts — either towards rewards or milestones. Would really appreciate guidance from the experienced members and seniors who’ve already optimised such spends. 🙏


Thanks in advance!

 

[VasukiVasuki is verified member.]

Hi everyone,


I have an upcoming insurance premium of around ₹2,00,000 and want to use it smartly with the right credit card.


From what I know, some cards like HDFC Infinia/Diners, Axis Magnus/Reserve, and Amex Platinum/Gold Charge are often considered for big-ticket spends. But I’ve also read that insurance has become a tricky category due to exclusions or reduced reward rates after recent devaluations.


My questions:

• Do any of these cards (Infinia / Magnus / Amex) still give full reward benefits on insurance transactions?
• If not, which cards would you suggest for getting the best value (whether in points, milestone benefits, or annual fee waiver) for such a premium payment?
• Are there any caps or hidden rules that I should be careful about before swiping?

Since ₹2L is a substantial spend, I want to be sure it counts either towards rewards or at least milestones. Would love to hear from the seniors and experienced members who’ve already handled such spends. 🙏


Thanks in advance!

Gold charge give u point on utility.
Platinum will only count for milestone
4 lakh

 

[anujdit]

Infinia gives 5000 max rewards points (3.3%) on insurance per day