Does HDFC DCB give reward points on insurance premium payments?

[srichaitanya]

Does HDFC DCB give reward points on insurance premium payments?
If not, suggest any other credit card which still gives rewards on insurance premium payments

I'm not talking about paying through amazon via amazonpay or paying through amazon ICICI Apay.
I'm talking about paying directly on insurer's website using credit card.

 

[srichaitanya]

SBI Cashback card stopped giving 1% CB on insurance payments, so looking for alternatives.

 

[thanix]

Yes DCB gives reward points for insurance spends.

 

[lhgeek]

Does HDFC DCB give reward points on insurance premium payments?
If not, suggest any other credit card which still gives rewards on insurance premium payments

I'm not talking about paying through amazon via amazonpay or paying through amazon ICICI Apay.
I'm talking about paying directly on insurer's website using credit card.

Yes.. we get rewards. I have directly on lic website and have got rewards

 

[chasni]

Just checking whether DCB still give rewards for insurance payment. Someone who has transacted recently, please confirm.

 

[aceventura]

SBI Cashback card stopped giving 1% CB on insurance payments, so looking for alternatives.

Yes, DCB gives cashback rewards for Insurance. But, RP from insurance has a daily cap of 5000 points for DCB.

 

[Pankhuri]

Yes, DCB gives cashback for Insurance. But, RP from insurance has a daily cap of 5000 points for DCB.

What's the RP rate for DCB?

 

[aceventura]

Just checking whether DCB still give rewards for insurance payment. Someone who has transacted recently, please confirm.

Yes, I have done it last month. Got reward points for both LIC and ICICI Lombard (Vehicle insurance). Only caveat is there is a daily cap of 5000 points accrued from insurance transactions.

Also, one can get better rewards via Amazon GV Gyftr -> Amazon Pay -> Insurance if you have not exhausted the Amazon GV limits.

 

[aceventura]

What's the RP rate for DCB?

Base reward rate is 5 points for every 150 Rs spend, about 3.33%.

7% net if done via Amazon GV route.

 

[chasni]

Yes, I have done it last month. Got reward points for both LIC and ICICI Lombard (Vehicle insurance). Only caveat is there is a daily cap of 5000 points accrued from insurance transactions.

Also, one can get better rewards via Amazon GV Gyftr -> Amazon Pay -> Insurance if you have not exhausted the Amazon GV limits.

I need to pay insurance of 98k. Would Amazon allow payment using GV balance? Their FAQ says maximum amount is 1 lac.

 

[aceventura]

I need to pay insurance of 98k. Would Amazon allow payment using GV balance? Their FAQ says maximum amount is 1 lac.

I haven't done a large amount, but as you said based on their faq, it should be possible.

The trickier part is smartbuy has a 20k Amazon gv limit per month. So you may need to accumulate over several months or use different cards to do so.

 

[chasni]

I haven't done a large amount, but as you said based on their faq, it should be possible.

The trickier part is smartbuy has a 20k Amazon gv limit per month. So you may need to accumulate over several months or use different cards to do so.

I have other ways of buying GV.

 

[RajS]

Base reward rate is 5 points for every 150 Rs spend, about 3.33%.

7% net if done via Amazon GV route.

Pls tell me how to get this

7% net if done via Amazon GV route.

 

[jamesdolan]

Diners club black gives 7% reward when you buy amazon pay vouchers from hdfcs gyftr link

 

[ssg9931309]

Hi All, This is a bit urgent.

Just asking again. I need to make an insurance payment of 1.87L in the next 3 days for Bharti AXA. So I don't have the time or option to accumulate Amazon Pay Gift Vouchers. I will be doing the payment directly from the Insurer's website.
Will the plastic version of DCB be able to provide me Reward points at the rate of 3.33% i.e. 3.33%*1.87L= Rs 6227 upto a limit of Rs 5000 per day? Will it also provide me the 500rs Mileston benefit on spending 80k in month?

@jamesdolan @aceventura

 

[Zacobite]

Hi All, This is a bit urgent.

Just asking again. I need to make an insurance payment of 1.87L in the next 3 days for Bharti AXA. So I don't have the time or option to accumulate Amazon Pay Gift Vouchers. I will be doing the payment directly from the Insurer's website.
Will the plastic version of DCB be able to provide me Reward points at the rate of 3.33% i.e. 3.33%*1.87L= Rs 6227 upto a limit of Rs 5000 per day? Will it also provide me the 500rs Mileston benefit on spending 80k in month?

@jamesdolan @aceventura

yes.. it will 1000 rs milestone

 

[techt]

I haven't done a large amount, but as you said based on their faq, it should be possible.

The trickier part is smartbuy has a 20k Amazon gv limit per month. So you may need to accumulate over several months or use different cards to do so.

Is it same for all the hdfc cards?

 

[ssg9931309]

I had made the payment on 12th March. Any idea by when will the reward points get credited?

 

[aceventura]

I had made the payment on 12th March. Any idea by when will the reward points get credited?

End of the billing cycle, although you can see the increase in points in Account Information section, after the transaction is settled.

 

[aceventura]

Is it same for all the hdfc cards?

Limit should be the same, rewards ofcourse would vary based on the card.