Best credit card for lic payment in December 2023

[sharma]

I know there are many threads on this, but now a days many things changed like Amazon stopped paying lic via credit card and etc.
So wanted to know what is the best way to make lic payment and get good cb

 

[sousnake]

I know there are many threads on this, but now a days many things changed like Amazon stopped paying lic via credit card and etc.
So wanted to know what is the best way to make lic payment and get good cb

I paid using amazon pay vouchers which I purchased using amex card from gyftr. You can use other cards like amazon pay to get vouchers from amazon itself & pay using amazon pay balance.

 

[cardio_guy]

What about axis lic credit card? Has anyone tried that?

 

[sharma]

What about axis lic credit card? Has anyone tried that?

Worst for lic

 

[sharma]

I paid using amazon pay vouchers which I purchased using amex card from gyftr. You can use other cards like amazon pay to get vouchers from amazon itself & pay using amazon pay balance.

I know this but it is for less than one lakh.
Mine is more than one lakh.

So need other alternatives

 

[imdjay]

I know this but it is for less than one lakh.
Mine is more than one lakh.

So need other alternatives

Just a suggestion. If your payment is annual. why not make it semi-annual so that it becomes less than 1L ?

 

[sharma]

Just a suggestion. If your payment is annual. why not make it semi-annual so that it becomes less than 1L ?

If we split the bill semi annual or quarterly then the premium which we have to pay will be more.
So I opted for annual payment.

 

[curios_mind_huh]

If we split the bill semi annual or quarterly then the premium which we have to pay will be more.
So I opted for annual payment.

Just a suggestion. Why LIC policy in the first place? I get the point that you need a Life Insurance, but why are you paying premium in lakhs for a sub-standard policy?

 

[Pankhuri]

The maximum you can get these days for insurance payments is 1%. SBI simplyclick does 1% worth of reward points for any online payment, without any cap. Amazon pay also have 1% CB for online payment without any cap, this includes insurance too.

 

[sharma]

The maximum you can get these days for insurance payments is 1%. SBI simplyclick does 1% worth of reward points for any online payment, without any cap. Amazon pay also have 1% CB for online payment without any cap, this includes insurance too.

But using apay it's 2p right for insurance.
Atleast before I used to observe this.
Now I'm not sure

 

[sharma]

Just a suggestion. Why LIC policy in the first place? I get the point that you need a Life Insurance, but why are you paying premium in lakhs for a sub-standard policy?

It's already done bro.
Now I cannot stop it right for what ever reason.

 

[karanssh]

It's already done bro.
Now I cannot stop it right for what ever reason.

It depends. How long has it been? If its still early days, take the L and stop it. Make the policy paid up.

 

[SamPtnk]

All those LIC neighbor uncles are the biggest scammers

LIC plans are made in such a way to make middle class more poor while they profit by investing in markets

Apart from tech term all plans are trash .
XIRR comes to 5-6 % and agents announce them as 10% returns

 

[curios_mind_huh]

All those LIC neighbor uncles are the biggest scammers

LIC plans are made in such a way to make middle class more poor while they profit by investing in markets

Apart from tech term all plans are trash .
XIRR comes to 5-6 % and agents announce them as 10% returns

While meeting their monthly target quota and getting sweet commission out of it

 

[akki_5238]

@sharma Budy just a suggestion. I am receiving this message lately.
Check if you are interested for Insurance Payments by AU Bank.

Login

Offer 1Offer 2
Insurance & NPS offer
Applicable on AU credit card
Up to 6,000 Bonus Reward Points

• Valid on Altura Plus/LIT/Vetta/Xcite/Xcite Ultra/Ixigo/Zenith Cards:
• Get up to 6,000 Bonus Reward Points on online Insurance & NPS (National Pension Scheme) Payments.
• Min. Transaction Amount: ₹5,000
• Customers can do multiple transactions in the same or different slabs to get the benefit. However, the maximum benefit is being capped at 6,000 Bonus Reward Points per Credit Card account.

Transaction Slabs:

• 500 Bonus RPs on transactions between ₹5,000 to ₹9,999
• 1,000 Bonus RPs on transactions between ₹10,000 to ₹24,999
• 1,500 Bonus RPs on transactions between ₹25,000 to ₹49,999
• 2,000 Bonus RPs on transactions between ₹50,000 and ₹99,999
• 2,500 Bonus RPs on transactions of ₹100,000 or above
• Offer Period: 1st Dec’23 to 31st Jan’24

How to avail the offer?
Make payment for Insurance and NPS (National pension scheme) using applicable AU Credit Card.

• Valid on Altura/Business/Xcite Ace/Zenith+ Cards:
• Get up to ₹2,000 Amazon Voucher on online Insurance & NPS (National Pension Scheme) Payments.
• Min. Transaction Amount: ₹5,000.
• Customers can do multiple transactions in the same or different slabs to get the benefit. However, the maximum benefit is being capped at ₹2,000 Amazon voucher per Credit Card account.

Transaction Slabs:

• ₹100 Amazon voucher on transactions between ₹5,000 to ₹9,999
• ₹250 Amazon voucher on transactions between ₹10,000 to e₹24,999
• ₹500 Amazon voucher on transactions between ₹25,000 to ₹49,999
• ₹750 Amazon voucher on transactions between ₹50,000 and ₹99,999
• ₹1,000 Amazon voucher on transactions of ₹100,000 or above
• Offer Period: 1st Dec’23 to 31st Jan’24

How to avail the offer?
Make payment for Insurance and NPS (National pension scheme) using AU Credit Card.

Valid Until: Jan 31, 2024

 

[sharma]

@sharma Budy just a suggestion. I am receiving this message lately.
Check if you are interested for Insurance Payments by AU Bank.

Login

Offer 1Offer 2
Insurance & NPS offer
Applicable on AU credit card
Up to 6,000 Bonus Reward Points

• Valid on Altura Plus/LIT/Vetta/Xcite/Xcite Ultra/Ixigo/Zenith Cards:
• Get up to 6,000 Bonus Reward Points on online Insurance & NPS (National Pension Scheme) Payments.
• Min. Transaction Amount: ₹5,000
• Customers can do multiple transactions in the same or different slabs to get the benefit. However, the maximum benefit is being capped at 6,000 Bonus Reward Points per Credit Card account.

Transaction Slabs:

• 500 Bonus RPs on transactions between ₹5,000 to ₹9,999
• 1,000 Bonus RPs on transactions between ₹10,000 to ₹24,999
• 1,500 Bonus RPs on transactions between ₹25,000 to ₹49,999
• 2,000 Bonus RPs on transactions between ₹50,000 and ₹99,999
• 2,500 Bonus RPs on transactions of ₹100,000 or above
• Offer Period: 1st Dec’23 to 31st Jan’24

How to avail the offer?
Make payment for Insurance and NPS (National pension scheme) using applicable AU Credit Card.

• Valid on Altura/Business/Xcite Ace/Zenith+ Cards:
• Get up to ₹2,000 Amazon Voucher on online Insurance & NPS (National Pension Scheme) Payments.
• Min. Transaction Amount: ₹5,000.
• Customers can do multiple transactions in the same or different slabs to get the benefit. However, the maximum benefit is being capped at ₹2,000 Amazon voucher per Credit Card account.

Transaction Slabs:

• ₹100 Amazon voucher on transactions between ₹5,000 to ₹9,999
• ₹250 Amazon voucher on transactions between ₹10,000 to e₹24,999
• ₹500 Amazon voucher on transactions between ₹25,000 to ₹49,999
• ₹750 Amazon voucher on transactions between ₹50,000 and ₹99,999
• ₹1,000 Amazon voucher on transactions of ₹100,000 or above
• Offer Period: 1st Dec’23 to 31st Jan’24

How to avail the offer?
Make payment for Insurance and NPS (National pension scheme) using AU Credit Card.

Valid Until: Jan 31, 2024

I have seen this, but only 2500rp is what I'll get.

 

[Pankhuri]

But using apay it's 2p right for insurance.
Atleast before I used to observe this.
Now I'm not sure

That is if you can pay for the insurance through apay app. But since amazon has stopped using credit card for insurance payments, you won't be able to pay for the insurance through apay card.

 

[sharma]

That is if you can pay for the insurance through apay app. But since amazon has stopped using credit card for insurance payments, you won't be able to pay for the insurance through apay card.

We can pay using apay but we might get 1% cb since I need to pay the insurance from other website.

 

[Pankhuri]

We can pay using apay but we might get 1% cb since I need to pay the insurance from other website.

That's why I said it would be 1%. 2% CB on insurance was only possible when you used amazon pay service and used amazon pay credit card for payments. If you use a different website it is just a normal 1% cashback. And we can't use amazon pay service as that has stopped paying for insurance through credit card.

 

[sharma]

That's why I said it would be 1%. 2% CB on insurance was only possible when you used amazon pay service and used amazon pay credit card for payments. If you use a different website it is just a normal 1% cashback. And we can't use amazon pay service as that has stopped paying for insurance through credit card.

Yeah.
Do you know from when they stopped this service.
I mean credit card payment for insurance.