best credit card for LIC payments

[headsimon]

please suggest me best way to get Max cashback/rewards on lic insurance premium payment of 20k rs.

 

[Vikash_Kumar]

Currently, I feel the best way is to pay through Amazon. Directly, APAY ICICI CC will give 2% CB. More better way is to accumulate apay money and pay the premium. So, many load money offers running. It will provide 3-5% effectively.

 

[SDK]

SBI CASHBACK CARD : This Card Gives me 5% cashback which is amazing when paid via amazon

 

[Slayer]

Buy voucher using Cashback card and pay via Amazon using that money

 

[headsimon]

SBI CASHBACK CARD : This Card Gives me 5% cashback which is amazing when paid via amazon

i don't think cashback card provides 5% cashback on insurance payments.

 

[headsimon]

Buy voucher using Cashback card and pay via Amazon using that money

gift voucher you mean? will cashback card give cashback on gift card purchases? I don't have cashback card though, I've millennia hdfc

 

[Lakshya Mahani]

3 days ago, i purchased amazon gv's of 3k multiple times, amounting to 15k. Every time i got 100rs cb on 3k gv, it means 3.33% reward rate, i made that payment through apay card, which got me 2% more, so effectively, i paid a LIC premium of 15k @5% reward rate.

 

[samss]

3 days ago, i purchased amazon gv's of 3k multiple times, amounting to 15k. Every time i got 100rs cb on 3k gv, it means 3.33% reward rate, i made that payment through apay card, which got me 2% more, so effectively, i paid a LIC premium of 15k @5% reward rate.

Please tell methods with which i can purchase Amazon gv on discounted rates.

 

[Slayer]

3 days ago, i purchased amazon gv's of 3k multiple times, amounting to 15k. Every time i got 100rs cb on 3k gv, it means 3.33% reward rate, i made that payment through apay card, which got me 2% more, so effectively, i paid a LIC premium of 15k @5% reward rate.

That voucher you unlocked which gave 100 rupis cashback on 3k gift card purchase?

 

[headsimon]

3 days ago, i purchased amazon gv's of 3k multiple times, amounting to 15k. Every time i got 100rs cb on 3k gv, it means 3.33% reward rate, i made that payment through apay card, which got me 2% more, so effectively, i paid a LIC premium of 15k @5% reward rate.

how did you get 100rs cb on apay for each time 3k gift voucher? some user specific offer or what?

 

[TheMentalist]

i don't think cashback card provides 5% cashback on insurance payments.

By paying through Amazon, its not reported as an insurance payment as many other users have also confirmed

 

[Lakshya Mahani]

how did you get 100rs cb on apay for each time 3k gift voucher? some user specific offer or what?

I got this offer two times on two accounts, and one time on one account, so i got 5 times in 3 accounts.

 

[Lakshya Mahani]

Please tell methods with which i can purchase Amazon gv on discounted rates.

Right now, paytm is offering amazon GV's @10% off upto 150Rs.
I personally tried this.

 

[Lakshya Mahani]

By paying through Amazon, its not reported as an insurance payment as many other users have also confirmed

Correct.

 

[Lakshya Mahani]

That voucher you unlocked which gave 100 rupis cashback on 3k gift card purchase?

Yes.

 

[Slayer]

Right now, paytm is offering amazon GV's @10% off upto 150Rs.
I personally tried this.

Not eligibile for that offer

 

[samss]

Right now, paytm is offering amazon GV's @10% off upto 150Rs.
I personally tried this.

Not eligible