Best Credit Card for Insurance Premium Payment India 2026 — Where You Still Earn Rewards
Last verified May 2026. Best credit cards for paying insurance premiums (life, health, motor) in India 2026 — where you still earn rewards after the 2024 RBI exclusion rules.
The 5 best credit cards for insurance premium payments in 2026
1 HDFC Regalia Gold
One of few premium cards still earning RPs on insurance auto-debit. RP redemption at 0.5/₹ = 0.67% effective on premiums. Full review: HDFC Regalia Gold review.
2 Axis Magnus Burgundy
EDGE Miles earned on insurance via Burgundy banking relationship. Transfer to airline partners at 1:2. Best for HNIs with ₹40L+ Burgundy AUM. Full review: Axis Magnus Burgundy review.
3 HDFC Infinia
Insurance is excluded from 10X but still earns 5 RP/₹150. Premium cardholders use this primarily for the no-fee EMI conversion on big-ticket health/term plans. Full review: HDFC Infinia review.
4 Amex Platinum Travel
Insurance counts toward the ₹1.9L milestone — paying a ₹40-60K health premium pushes you over the threshold for Taj vouchers. Full review: Amex Platinum Travel review.
5 SBI Prime
Insurance still rewarded. Spend toward fee waiver. Best mid-tier option. Full review: SBI Prime review.
Head-to-head comparison
| Card | Fee | Headline Rate |
|---|---|---|
| HDFC Regalia Gold | ₹2,500 (waived ₹4L) | 2 RP/₹150 on insurance premiums |
| Axis Magnus Burgundy | ₹5,000 | EDGE Miles on insurance via Burgundy |
| HDFC Infinia | ₹12,500 | 10X SmartBuy not applicable to insurance |
| Amex Platinum Travel | ₹5,000 (waived ₹1.9L) | 1 MR/₹50 on insurance |
| SBI Prime | ₹2,999 (waived ₹3L) | 2 RP/₹100 on insurance |
Sources & references
All fees and reward rates verified against issuer official T&C pages as of May 2026. Reward programmes change frequently — confirm with the issuer before applying.
