Best cards for insurance premiums

[007]

How 2%? 1% right? 2% only for APay select brands

It's 2% cb for bill payment done through Amazon Pay using Amazon Pay ICICI CC.

 

[Lakshya Mahani]

How 2%? 1% right? 2% only for APay select brands

When you make any registered biller bill payment on amazon using apay card, you will get 2% cashback including insurance payments(personally availed this 2%cashback offer)

 

[avikrish]

Have you used their app or website for the transaction? A user reported that CCs are not accepted for insurance premiums in app but accepted in website.

SBI Cashback gives 1% back for premiums right? Which card gives more than 1% for premiums?

In Sbi terms , there is no MCC mentioned related to insurance premium, so i guess we can get 5% cashback

 

[Sreerag]

In Sbi terms , there is no MCC mentioned related to insurance premium, so i guess we can get 5% cashback

SBI u get 5% on ANY online Txn...

 

[Akash Topder]

SBI u get 5% on ANY online Txn...

Are you sure? Because SBI mentioned Utility bills to get 1% CB. If they categorize it to be bill payment then we won't be getting 5%.
Early users of the card should clarify this.

 

[Abhi27]

SBI u get 5% on ANY online Txn...

No i have checked it, we only get 1 % for online insurance transaction

 

[Sreerag]

Are you sure? Because SBI mentioned Utility bills to get 1% CB. If they categorize it to be bill payment then we won't be getting 5%.
Early users of the card should clarify this.

U can easily mask it by paying through Amazon..

 

[Sreerag]

No i have checked it, we only get 1 % for online insurance transaction

Ok.. but if payment gateway comes then no issue . Eg; PayU India, RazorPay, CUPay etc...

 

[Akash Topder]

U can easily mask it by paying through Amazon..

By naturally paying through Amazon or buying amazon gift cards and then pay through that?

 

[Akash Topder]

Ok.. but if payment gateway comes then no issue . Eg; PayU India, RazorPay, CUPay etc...

How do you do that?

 

[Mohur]

okay, I have been paying full premium till now. After reading this thread, I am exploring some options that I may have. I also pay premium for my parents.

Apay card : 2% via Amazon Pay balance load (as per this thread)
Infinia card: 16% savings. Collect 5000 per month Amazon balance from smartbuy (need to collect this for 3-4 months beforehand)
Can apply for SBI cashback card and get 5% (payment to be done via Amazon)

 

[aay001]

No i have checked it, we only get 1 % for online insurance transaction

Where did you try. Meaning direct on insurance site or 3rd party websites?

 

[Slayer]

okay, I have been paying full premium till now. After reading this thread, I am exploring some options that I may have. I also pay premium for my parents.

Apay card : 2% via Amazon Pay balance load (as per this thread)
Infinia card: 16% savings. Collect 5000 per month Amazon balance from smartbuy (need to collect this for 3-4 months beforehand)
Can apply for SBI cashback card and get 5% (payment to be done via Amazon)

1. Tried to load empty wallet and Amazon is not letting you load money with credit cards
2. Infinia Smartbuy portal has some additional charges while buying amazon vouchers

 

[Sreerag]

By naturally paying through Amazon or buying amazon gift cards and then pay through that?

Naturally

 

[Sreerag]

How do you do that?

Luck..

 

[007]

Apay card : 2% via Amazon Pay balance load (as per this thread)

Arre no need to load. Choose your biller from Amazon Pay portal and pay the fetched bill using Amazon Pay ICICI CC.
You get 2% cb for all bill payments including insurance premiums!

 

[Akash Topder]

Naturally

Have you actually availed this 5% CB for paying LIC premiums on Amazon or do you know anyone who actually done this and got 5% CB?

 

[Sreerag]

Have you actually availed this 5% CB for paying LIC premiums on Amazon or do you know anyone who actually done this and got 5% CB?

Nope... As u may know many website use payment gateway instead of their own so if lic has a gateway option choose that and pay... I have paid all my premiums this year and i was not able to pay through cc as my limit is low...

 

[Abhi27]

Where did you try. Meaning direct on insurance site or 3rd party websites?

Direct on insurance site..

 

[drsel]

Suppose you buy a single premium insurance policy using a credit card.
Then If you request a refund of the premium paid during the free look period of 15 days, will the refund be paid to the credit card used to pay or to your bank account?