Insurance Payment through Credit Card

[Aadi55]

Y

You can buy apay vouchers using apay cc in Amazon itself, then use that to pay the premium, you will get 2%

buying amazon gift voucher using Amazon pay icici cc still gives 2% cb? without any convenience fee?

 

[prankster]

buying amazon gift voucher using Amazon pay icici cc still gives 2% cb? without any convenience fee?

Yes, it's on their MITC page, but check for monthly limits

 

[Ash8]

If your policy payment bill is not generated yet then some policy providers allow to pay additional amount in advance towards your policy bill. If your policy provider supports this then you can split you insurance payments across months and on different CCs to avoid crossing the 50k limit.

 

[Avinash.Mishra]

Pay LIC premium on official website there’s no additional charges

 

[justarandomguy]

I have a Kotak life insurance I need to pay using credit card but recently got a mail from Kotak they’ll levy charges for premium payments using credit card… has anyone tried and know how much is it and any alternate way to pay? Premium is in the 90s range less than a lakh

 

[doctoramar]

I believe the best approach is to pay the bill through the Tata Neu app using the Tata Neu card, which offers a 5% benefit (up to a maximum of ₹2,000). This means we can make a payment of ₹50,000 to maximize the benefit. Has anyone used this offer? Could someone confirm this ?

Paid lic premium using tata neu infinity card on tata neu app.Got 5% back as neucoins.

 

[doctoramar]

Paying insurance payments upto 1 lakh with apay gift cards on amazon is possible .

Advantage is no convenience fee and cc rewards/cashback u get while buying apay gift cards.

Amazon doesnt allow insurance payments beyond 1lakh (according to amazon terms and conditions.No personal experience)

Can buy 30k max apay gift cards on amazon account per month. If u plan a month in advance u can pool up apay gift cards from amazon, gyftr(hdfc infinia/dcb etc upto 10 k)
Amex gyftr (upto 10 k).Dont know other places where apay gift cards available .

Insurance Payments beyond 1lakh amex platinum travel is a good option.U will not get regular rewards but get milestone rewards.

Infinia and dcb give 3.33% but with capping?