Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
Best Credit Cards for ₹15,000 Monthly LIC, Health & Term Insurance Premiums Spend
Top-rated credit cards for ₹15,000/mo spent on LIC, Health & Term Insurance Premiums. #1 Amazon Pay ICICI Bank Credit Card yields ₹3,691 net annual value (2.05% ROI). Compare full 10-card leaderboard.
🥇 Rank #1 Gold2.05% ROI
Amazon Pay ICICI Bank Credit Card
ICICI Bank
Net Annual Value+₹3,691
Full 10-Card Ranked Standings (@ ₹15,000/mo)
| Rank | Credit Card | Rate in Category | Gross Rewards | Effective Fee | Net Annual Benefit | Action |
|---|---|---|---|---|---|---|
| #1 | Amazon Pay ICICI Bank Credit CardICICI Bank | 2% | ₹3,691 | Waived (₹0) | +₹3,691 | Apply → |
| #2 | HDFC Millennia Credit CardHDFC Bank | 1% | ₹3,369 | Waived (₹0) | +₹3,369 | Apply → |
| #3 | Airtel Axis Bank Credit CardAxis Bank | 0% Excluded | ₹2,941 | ₹590 | +₹2,351 | Apply → |
| #4 | Tata Neu Infinity HDFC Credit CardHDFC Bank | 1.5% | ₹4,011 | ₹1,769 | +₹2,242 | Apply → |
| #5 | Myntra Kotak Credit CardKotak Mahindra Bank | 0% Excluded | ₹2,814 | ₹590 | +₹2,224 | Apply → |
| #6 | Swiggy HDFC Bank Credit CardHDFC Bank | 0% Excluded | ₹2,789 | ₹590 | +₹2,199 | Apply → |
| #7 | American Express Membership Rewards Credit CardAmerican Express | 0% Excluded | ₹2,058 | Waived (₹0) | +₹2,058 | Apply → |
| #8 | IDFC FIRST Wealth Credit CardIDFC FIRST Bank | 0.75% | ₹1,930 | Waived (₹0) | +₹1,930 | Apply → |
| #9 | IndusInd Bank Tiger Credit CardIndusInd Bank | 0.7% | ₹1,529 | Waived (₹0) | +₹1,529 | Apply → |
| #10 | Ixigo AU Credit CardAU Small Finance Bank | 0% Excluded | ₹1,298 | Waived (₹0) | +₹1,298 | Apply → |
| #11 | Flipkart Axis Bank Credit CardAxis Bank | 0% Excluded | ₹1,804 | ₹590 | +₹1,214 | Apply → |
| #12 | HSBC Live+ Credit CardHSBC India | 0% Excluded | ₹2,349 | ₹1,179 | +₹1,170 | Apply → |
| #13 | SBI SimplyCLICK Credit CardSBI Card | 0.25% | ₹1,155 | Waived (₹0) | +₹1,155 | Apply → |
| #14 | IndusInd Bank Legend Credit CardIndusInd Bank | 0.5% | ₹1,069 | Waived (₹0) | +₹1,069 | Apply → |
| #15 | Standard Chartered Smart Credit CardStandard Chartered Bank | 0% Excluded | ₹1,038 | Waived (₹0) | +₹1,038 | Apply → |
| #16 | IDFC FIRST Select Credit CardIDFC FIRST Bank | 0.5% | ₹1,021 | Waived (₹0) | +₹1,021 | Apply → |
| #17 | SBI Cashback Credit CardSBI Card | 0% Excluded | ₹2,198 | ₹1,179 | +₹1,019 | Apply → |
| #18 | Kiwi RuPay Credit Card with NeonAxis Bank | 0% Excluded | ₹902 | Waived (₹0) | +₹902 | Apply → |
| #19 | Jupiter Edge CSB Bank RuPay Credit CardCSB Bank | 0% Excluded | ₹794 | Waived (₹0) | +₹794 | Apply → |
| #20 | OneCard Metal Credit CardFederal Bank | 0.2% | ₹674 | Waived (₹0) | +₹674 | Apply → |
| #21 | HDFC Regalia Gold Credit CardHDFC Bank | 1.33% | ₹3,596 | ₹2,950 | +₹646 | Apply → |
| #22 | ICICI Bank Coral RuPay Credit CardICICI Bank | 0.25% | ₹603 | Waived (₹0) | +₹603 | Apply → |
| #23 | BPCL SBI Card OCTANESBI Card | 0% Excluded | ₹970 | ₹1,769 | +-₹799 | Apply → |
| #24 | IndianOil RBL Bank Xtra Credit CardRBL Bank | 0% Excluded | ₹909 | ₹1,770 | +-₹861 | Apply → |
| #25 | YES BANK Marquee Credit CardYES BANK | 1% | ₹3,303 | ₹5,899 | +-₹2,596 | Apply → |
| #26 | Axis Bank Atlas Credit CardAxis Bank | 0% Excluded | ₹2,486 | ₹5,900 | +-₹3,414 | Apply → |
| #27 | ICICI Bank Sapphiro Credit CardICICI Bank | 0.25% | ₹588 | ₹4,130 | +-₹3,542 | Apply → |
| #28 | HDFC Diners Club Black Metal EditionHDFC Bank | 3.33% | ₹8,029 | ₹11,800 | +-₹3,771 | Apply → |
| #29 | HDFC Infinia Metal EditionHDFC Bank | 3.33% | ₹8,029 | ₹14,750 | +-₹6,721 | Apply → |
| #30 | Axis Bank Magnus Credit CardAxis Bank | 0% Excluded | ₹1,855 | ₹14,750 | +-₹12,895 | Apply → |
Frequently Asked Questions
Which credit card ranks #1 for ₹15,000/month spent on LIC, Health & Term Insurance Premiums?▼
Amazon Pay ICICI Bank Credit Card ranks #1, generating ₹3,691 gross rewards and ₹3,691 in net annual value (2.05% effective yield) after deducting annual fees.
How does the runner-up compare to the winner?▼
The #2 card is HDFC Millennia Credit Card delivering ₹3,369 net annual value. Amazon Pay ICICI Bank Credit Card outperforms it by ₹322/year.
Which credit cards should I avoid for LIC, Health & Term Insurance Premiums?▼
Avoid Airtel Axis Bank Credit Card, Myntra Kotak Credit Card, Swiggy HDFC Bank Credit Card, as they provide 0.0% rewards on LIC, Health & Term Insurance Premiums due to bank category exclusions.
Will the annual fee of the winning card be waived?▼
For Amazon Pay ICICI Bank Credit Card at ₹180,000 annual spend, the fee is waived (₹0 effective fee).