Insurance & NPS offer - AU Bank

[Tosh]

Offer 1:

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. .

Offer 2:
Up to ₹2,000 Amazon voucher

• 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.

 

[Tosh]

Terms and Conditions -

A customer can do multiple transactions in same or different slabs to get the benefit. However, the maximum benefit is being capped at ₹2,000 for Vouchers and 6,000 for Bonus Reward Points.

· The benefit will be extended within 60 days of offer end date to the qualified customers.

· This offer is in addition to the other features on Credit Card.

· Offer is applicable on multiple transactions, subject to maximum overall Bonus Reward Points and Amazon Voucher as mentioned for offer period 01st Dec’23 to 31st Jan’24.

· Only Insurance and NPS payment categories as defined by VISA are eligible for the offer.

· MCC which under this offer are:

o For insurance Payments:5960, 6300

o For NPS payments: 9399

· The offer is not applicable on AU InstaPay & Corporate Credit Cards.

 

[KLB@96]

Can I pay LIC bill ? I have LIT card

 

[Chethan_br]

Can i make the payment of ULIPS? Will it be considered?

 

[Mpautobe]

Can I pay LIC bill ? I have LIT card

If u have AU card, then u might have got that promotion mail/whatsapp/msg.

 

[Mpautobe]

Can i make the payment of ULIPS? Will it be considered?

If its falls under 5960, 6300 MCC, u ll get it.

 

[nirmalya]

Can someone please clarify I do multiple transactions of ₹5000 and ₹10000 does that mean I will maximum 500+1000 bonus points irrespective of the number of transactions? Or let's say if I do 2 transactions of ₹5000, will I get 500+500 bonus reward points. I am guessing it shouldn't be the case otherwise it won't make any sense doing any higher value transactions like ₹25000, ₹50000 etc.

 

[helloworld]

Can someone please clarify I do multiple transactions of ₹5000 and ₹10000 does that mean I will maximum 500+1000 bonus points irrespective of the number of transactions? Or let's say if I do 2 transactions of ₹5000, will I get 500+500 bonus reward points. I am guessing it shouldn't be the case otherwise it won't make any sense doing any higher value transactions like ₹25000, ₹50000 etc.

Each transaction must and should place in one of the transaction slabs.

Ex:

- Spend 6547Rs. then you'll get slab1 bonus reward points 500.
- Spend 4999Rs. then you'll get 0 bonus reward points because no slab.
- Spend 5000 once, 10000 twice, then you'll get 500+1000+1000 as per their slabs.
- Spend 50000 directly once then you'll get 2000 bonus reward points slab directly
- Spend 10,000+10,000+10,000+10,000+10,000 then you'll get 1000+1000+1000+1000+1000 bonus reward points.

Your transaction amount must and should be within one of the transaction slabs.

 

[Baki]

Can i make the payment of ULIPS? Will it be considered?

If ULIP is considered insurance, than u will get it! All that i know of its insurance.

Just make sure u use their offical portal (for insurance mcc)

I got on NPS, u will get mail 3-4 days after successful transaction

 

[Calm Radiance]

Credit card companies gives rewards on insurance mostly during Dec-Jan, can anyone validate? and share offers given.
Last year it was Amex which gave 23 points per 100 INR spent (I'm unsure if they were giving points even on insurance since it is usually excluded)

 

[skal941]

Can we do LIC payments through any app with AU LIT CC ? or we should do only through LIC website using AU cards ?

 

[Baki]

Can we do LIC payments through any app with AU LIT CC ? or we should do only through LIC website using AU cards ?

Pay using Lic offical app

 

[pprakash11]

If ULIP is considered insurance, than u will get it! All that i know of its insurance.

Just make sure u use their offical portal (for insurance mcc)

I got on NPS, u will get mail 3-4 days after successful transaction

Did you get Amazon vouchers as well ??

What were your transactions and what how much did you get ??

 

[Baki]

Did you get Amazon vouchers as well ??

What were your transactions and what how much did you get ??

I have AU lit was eligible for reward points, but message after 2-3 days that you are eligible for 2000 reward points.

Did NPS for 50.1k Using kfintech app.

 

[pprakash11]

I have lit was eligible for reward points, but message after 2-3 days that you are eligible for 2000 reward points.

Oh that's nice. I have XCITE ACE,so eligible for Amazon Vouchers.

Now thinking whether to pay NPS using Xcite ACE or IDFC Vistara (Last 30K slot) 🤣

 

[Baki]

Oh that's nice. I have XCITE ACE,so eligible for Amazon Vouchers.

Now thinking whether to pay NPS using Xcite ACE or IDFC Vistara (Last 30K slot) 🤣

If payment 25k around go with ACE.

 

[pprakash11]

If payment 25k around go with ACE.

Yep I have to do 40k.
In which which parts should I do?

 

[shutapdiya]

I have AU lit was eligible for reward points, but message after 2-3 days that you are eligible for 2000 reward points.

Did NPS for 50.1k Using kfintech app.

you did one shot payment of 50k hence you got 2k RRs as per the slab

If you would have done 10k *5 then you would have got 1000* 5 RPs

is my understanding on T&C correct?

@helloworld

 

[helloworld]

you did one shot payment of 50k hence you got 2k RRs as per the slab

If you would have done 10k *5 then you would have got 1000* 5 RPs

is my understanding on T&C correct?

@helloworld

yes.

Our transaction must and should falls one slab to get that slab points.

Not cumulative but transaction amount and max. we can get 6000 points in the entire duration.

Now, this 6k one can get by doing 1L + 1L + 10k (or)

10k + 10k + 10k + 10k + 10k + 10k.

Both provides same 6k points.

try to maximize by splitting 5k or 10k. Anything more its lost opportunity.

 

[the_dark_knight]

If one invests 50k in NPS now via AU lit cc, what is the maximum reward rate (in terms of final cashback on 50k) one can get?
If someone calculated, please share