Regalia Suggest best card for NPS and Insurance Spends

[n_kumar]

Hi,

Please suggest a best card for NPS and Insurance spends(total 65k). I have SCB Ultimate, Regalia and AU Zenith. Also I am 1L away from achieving the regalia yearly milestone - 5L, which gives me additional 10K points. NPS transactions are covered in milestone benefit for regalia?. i am confused in which card to use for my spends.

 

[pgarg24]

You can buy instant voucher from smartbuy gfytr and pay insurance using amazon gv (reward rate is 5x for regalia). Remember to buy amazon not amazon shopping voucher.

For NPS, i guess it charges nears 1% extra with credit card so any card having greater than than is benefit and then pay cc bill with hdfc billpay or mobikwik and get 1% back.

Edit - most credit card does not allow reward point for govt related transaction like NPS so dont use regalia for that. Best would be either axis flipkart 1.5% cashback or ace 2%.

 

[Shrinit Padwal]

NPS - Axis Ace, not sure abt other premium cards

 

[n_kumar]

You can buy instant voucher from smartbuy gfytr and pay insurance using amazon gv (reward rate is 5x for regalia). Remember to buy amazon not amazon shopping voucher.

For NPS, i guess it charges nears 1% extra with credit card so any card having greater than than is benefit and then pay cc bill with hdfc billpay or mobikwik and get 1% back.

Edit - most credit card does not allow reward point for govt related transaction like NPS so dont use regalia for that. Best would be either axis flipkart 1.5% cashback or ace 2%.

I don't have ace card, but SCB ultimate gives 2% for government transaction. So net reward points - 1% and I can pay credit card bill via HDFC get 1% back again. My question is nps transactions are considered under milestone benefits for HDFC regalia?

 

[knowbie]

SCB ULTIMATE will give you 2% (post downgrade) and with the charge for NPS it will come to about 1%.

 

[n_kumar]

NPS - Axis Ace, not sure abt other premium cards

I don't have axis Ace Bro. SCB ultimate gives 2% similar to ace.

 

[pgarg24]

I don't have ace card, but SCB ultimate gives 2% for government transaction. So net reward points - 1% and I can pay credit card bill via HDFC get 1% back again. My question is nps transactions are considered under milestone benefits for HDFC regalia?

Quoting from Terms and condition:
9. With effect from 1st Jan’23, a. Reward points will not be accrued for rental pay transactions, property management services like rent, maintenance, packers &movers, etc and government transactions

so yeah, no RP for NPS.

 

[Bohra]

What is the best way to do NPS investment with credit card which card do we use

 

[Shrinit Padwal]

What is the best way to do NPS investment with credit card which card do we use

Any milestone based/airline card would be good. Like sbi Vistara prime/axis vistara/atlas/ amex plat travel etc

 

[Bohra]

Any milestone based/airline card would be good. Like sbi Vistara prime/axis vistara/atlas/ amex plat travel etc

What's the benefit

 

[catcat]

Any milestone based/airline card would be good. Like sbi Vistara prime/axis vistara/atlas/ amex plat travel etc

+ Air India Signature.
I guess Axis Vistara cards are no longer giving?

 

[bimanpaul]

Is NPS payment considered for 1000 monthly bonus with 4×1500 transaction for AMEX membership reward credit card?