Does Tata Neu Infinity gives neu coins for insurance renewal?

[LordPSN]

I have to renew my annual health, life and vehicle insurance. Total amount for all 3 is about 50k
I have DCB so gyftr, amazon shopping voucher is the option.
But wanted to know if I pay the renewal amount of the insurance via upi using neu Infinity, will get the 1.5% neu coins or is that excluded?

 

[Cc_creditguy]

I guess yes but only via tata neu app

 

[gangvar]

I have to renew my annual health, life and vehicle insurance. Total amount for all 3 is about 50k
I have DCB so gyftr, amazon shopping voucher is the option.
But wanted to know if I pay the renewal amount of the insurance via upi using neu Infinity, will get the 1.5% neu coins or is that excluded?

Pls be aware that there are caps on the usage for insurance payment -
1. The NeuCoins for Insurance Spends will be capped at 2,000 NeuCoins per day
2. Fair usage policy only allows 50k in spends per month as the limit for 5% cash back

 

[LordPSN]

Got the response.
Since amount was higher, paid via UPI using Neu Infinity and got the Neu Coins

 

[skal941]

I made insurance payment on dec 3rd but i got only 1.5x neu coins instead of 5x neu coins. I paid using tata neu infinitiy card through tata neu app. Below is the statement and can someone clarify what am i missing here? In the attached screenshot, i made two bill payments highlighted in yellow. First one is act fiber payment and other one is LIC payment. I'm expecting 5x new coins for bill payments but i dont see them in statement.

 

[knight]

I have DCB so gyftr, amazon shopping voucher is the option.

AFAIK, Amazon Shopping voucher can't be used for Bill/insurance payment via Apay. Only Amazon Pay Voucher can be used.

 

[shivek]

I made insurance payment on dec 3rd but i got only 1.5x neu coins instead of 5x neu coins. I paid using tata neu infinitiy card through tata neu app. Below is the statement and can someone clarify what am i missing here? In the attached screenshot, i made two bill payments highlighted in yellow. First one is act fiber payment and other one is LIC payment. I'm expecting 5x new coins for bill payments but i dont see them in statement.

5% is 1.5% as base and 3.5% as additional.
You have got 1.5% for both transactions as mentioned next to them.
And you have got additional 3.5% for the transaction amouting 4130 only (#4 of Bonus Neu coins summary).

Better to check with bank why bonus 3.5% for LIC payment transaction is not credited. Hope you have not used the UPI mistakenly for this transaction.

 

[HumorSimpson]

What Tata Nue is giving 5% on insurances ?

 

[skal941]

What Tata Nue is giving 5% on insurances ?

Tata neu infinitiy via tata neu app

 

[HumorSimpson]

Tata neu infinitiy via tata neu app

So 25K per bill but 40K per day limit ?

 

[skal941]

5% is 1.5% as base and 3.5% as additional.
You have got 1.5% for both transactions as mentioned next to them.
And you have got additional 3.5% for the transaction amouting 4130 only (#4 of Bonus Neu coins summary).

Better to check with bank why bonus 3.5% for LIC payment transaction is not credited. Hope you have not used the UPI mistakenly for this transaction.

You are absolutely right bro. Missed neu coins for insurance payment (3.5% of 7703=269.6~270), credited in this month statement.. 🙂

 

[skal941]

So 25K per bill but 40K per day limit ?

no idea about limit bro.. mine was way less than that.. 7.7k..

 

[HumorSimpson]

so you got 5% ?

 

[gangvar]

View attachment 40110


Got the response.
Since amount was higher, paid via UPI using Neu Infinity and got the Neu Coins

So if the insurance payment is more than ₹25000, it will not yield any coins?

 

[shivek]

So if the insurance payment is more than ₹25000, it will not yield any coins?

From the statement in email it seems that beyond 25K you won't be getting option to pay using Neu card.
I had seen this issue with two of my LIC premiums (32k and 80K), I was not getting option to pay using any CC.

 

[aparnahm]

From the statement in email it seems that beyond 25K you won't be getting option to pay using Neu card.
I had seen this issue with two of my LIC premiums (32k and 80K), I was not getting option to pay using any CC.

I paid one premium of 27k+ this month. 2nd policy premium payment is not giving me cc option and even no upi option on my infinity cc.

 

[varkey]

Was able to pay an insurance premium of around 31k today with Neu Infinity. Last year it didn't show the credit card option, not sure what changed.

 

[HumorSimpson]

Was able to pay an insurance premium of around 31k today with Neu Infinity. Last year it didn't show the credit card option, not sure what changed.

but did you get 5%. also what insurance? tata aia or aig ?

 

[shivam2sharma]

I had made LIC insurance payment worth 52000 last month via Neu Infinity. Got total 5% cashback for that as per statement - 1.5% under Neucoins_on_utility and 3.5% under Add_TataPayment

 

[varkey]

but did you get 5%. also what insurance? tata aia or aig ?

PNB Metlife

The transaction was today, and the confirmation SMS/EMAIL showed the same Tata Payments, so I don't think there should be an issue in getting the NeuCoins.