Best card for insurance premium

170°
Deal Cadet
deals_hunter

Hello Dimers,


I need to pay 68k premium for TATA AIA Policy. What would be the best option to get most cashback/rewards ? I had relied on Axis Freecharge Plus CC as it gives 5% cashback on Freecharge spends but came to know that they have annual transaction limit of 50k so cannot pay it via freecharge. I have Axis FK, Icici Apay, SBI SimplyClick, AmEx SmartEarn CCs as well. I think if I pay via Amazon using SBI SimplyClick, I will get 10X rewards ? I think this will also help achieve the milestone for cleartrip 2K voucher. What do you suggest ?


TIA.

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Finance Ninja Finance Ninja
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Annual transaction limit of 50k? What do you mean by this?
Deal Cadet Deal Cadet
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Tanmayyy wrote:
Annual transaction limit of 50k? What do you mean by this?

On Freecharge app, you can do recharge/bill payments upto max 50k in a financial year.

Finance Ninja Finance Ninja
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deals_hunter wrote:

On Freecharge app, you can do recharge/bill payments upto max 50k in a financial year.

Why not use another freecharge account for the transactions then?
Deal Cadet Deal Cadet
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Tanmayyy wrote:
Why not use another freecharge account for the transactions then?

I cannot pay 50% insurance premium from 1 Freecharge account and remaining from other Freecharge account bro

Pro Shopping Friend Pro Shopping Friend
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deals_hunter wrote:

On Freecharge app, you can do recharge/bill payments upto max 50k in a financial year.

but they say unlimited cash back
are you sure about limits?
Deal Cadet Deal Cadet
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caks2006407 wrote:
but they say unlimited cash back
are you sure about limits?

The cashback is unlimited on credit card but you cannot do more than 50k transactions in Freecharge account in a year. If I pay via freecharge, I get 5% cashback. If I pay via any other website I get 1% cashback. There is no transaction limit or cashback limit on cc. I am talking about Freecharge app limit.

Deal Subedar Deal Subedar
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Great, Means freecharge axis is waste card.

I was about to apply but won't.

Pro Shopping Friend Pro Shopping Friend
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deals_hunter wrote:

The cashback is unlimited on credit card but you cannot do more than 50k transactions in Freecharge account in a year. If I pay via freecharge, I get 5% cashback. If I pay via any other website I get 1% cashback. There is no transaction limit or cashback limit on cc. I am talking about Freecharge app limit.

Its Axis and then Freecharge both notorious; such a big limitation they hide
They highlight 5% on FC everywhere
Its similar to Mobikwik 100% CB upto 10/20
@sri222 Tq so its waste card 50K in FY 😳
Pro Shopping Friend Pro Shopping Friend
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use ApayICICI card on Amazon 2%CB confirmed, other options are not guaranteed like simplyclick SBI quite unreliable

IDFC card also an option if u can get 

or buy Amazon gvs from Axis grabdeals using FKAxis 2+1.5=3.5% savings

or paytm Citicard gives 3% CB

Deal Captain Deal Captain
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50k per annum is not true.

This month itself used 55.8k.
40k alone used is Bill payments and recharges.

Below is this financial year spends  https://cdn0.desidime.com/attachments/photos/804342/medium/IMG20220912220239.jpg?1663000538
Blaze Blaze
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Most cards have capping or dont give points on insurance spends so check carefully before spending I can pay your policy bill for 2.2% blush
Deal Cadet Deal Cadet
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FC doesn't have means to do full kyc currently, that's why the limit. They should be bringing vkyc based full kyc account upgrade according to promo emails they send daily.

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