Let’s discuss the best ways to pay insurance premiums using credit cards and earn reward points/cashback on the same.

Over the next few months, we all will have a hefty insurance premium due on us. Typically, a household’s annual insurance premiums would easily be above 100k+. Given that we all have those dreaded LIC policies sold by our ‘insurance wale uncle’ where premiums run into tens of thousands. Plus, the actual term insurances and health insurances that we own. So why not pay these insurance premiums by credit cards and earn handsome reward points.

Click here to get info more about other credit cards:- https://visual.ly/community/Infographics/other/flipkart-axis-bank-credit-card-vs-amazon-pay-icici-credit-card 

conclusion

While you have to make the insurance premium payments every year, plan the same and put these on your credit cards. You can earn decent rewards on them. One way to think of it is, it enhances the RoI by a few percentages on those low-earning  LIC policies that we all own.