Best Credit Cards for Insurance Premium Payment
Last Updated : Aug. 19, 2021, 12:52 p.m.
Insurance protects individuals from facing financial crises during any emergency. People take a health insurance plan or a life insurance plan just to keep their future secure. But you will always have to pay a monthly or yearly premium to continue the coverage of the policy. So, some credit cards have offers on premium payments. You must explore the best credit cards for insurance premium payment. These credit cards will earn you thousands of reward points when you make payment from them for your insurance premiums. Therefore, have a look at the offers these cards have on insurance premiums and the joining fee of these cards.
Best Credit Card Rewards on Insurance
Four credit cards of multiple banks can be used to make the payment of insurance premiums. These cards will earn thousands of reward points when you pay the insurance premium through it. You can apply for the credit card online .
| Credit Cards | Offers | Joining Fee |
|---|---|---|
| LIC Select Credit Card | 10X Rewards on LIC Insurance Premium spends | NIL |
| LIC Classic Credit Card | 6X Rewards on LIC Insurance Premium spends | NIL |
Advantages of Paying Insurance Premiums via Cards
- Paying your insurance premiums through your credit card will earn thousands of reward points and enjoy great deals.
- If you have given the standing instructions to the bank to debit the premium amount from your credit card then you will not have to remember the due date every time.
- The higher the premium, the higher the reward points.
Conclusion
So, you have seen the best credit card for insurance premium payment through which you can earn thousands of reward points. You can also activate the standing instructions on these credit cards and your insurance premium will be deducted automatically on the due date from your credit card.