Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
Best Credit Cards for ₹150,000 Monthly LIC, Health & Term Insurance Premiums Spend
Top-rated credit cards for ₹150,000/mo spent on LIC, Health & Term Insurance Premiums. #1 HDFC Infinia Metal Edition yields ₹80,292 net annual value (4.46% ROI). Compare full 10-card leaderboard.
🥈 Rank #2 Silver4.46% ROI
HDFC Diners Club Black Metal Edition
HDFC Bank
Net Annual Value+₹80,292
🥉 Rank #3 Bronze2.23% ROI
Tata Neu Infinity HDFC Credit Card
HDFC Bank
Net Annual Value+₹40,112
Full 10-Card Ranked Standings (@ ₹1,50,000/mo)
| Rank | Credit Card | Rate in Category | Gross Rewards | Effective Fee | Net Annual Benefit | Action |
|---|---|---|---|---|---|---|
| #1 | HDFC Infinia Metal EditionHDFC Bank | 3.33% | ₹80,292 | Waived (₹0) | +₹80,292 | Apply → |
| #2 | HDFC Diners Club Black Metal EditionHDFC Bank | 3.33% | ₹80,292 | Waived (₹0) | +₹80,292 | Apply → |
| #3 | Tata Neu Infinity HDFC Credit CardHDFC Bank | 1.5% | ₹40,112 | Waived (₹0) | +₹40,112 | Apply → |
| #4 | Amazon Pay ICICI Bank Credit CardICICI Bank | 2% | ₹36,909 | Waived (₹0) | +₹36,909 | Apply → |
| #5 | HDFC Regalia Gold Credit CardHDFC Bank | 1.33% | ₹35,960 | Waived (₹0) | +₹35,960 | Apply → |
| #6 | YES BANK Marquee Credit CardYES BANK | 1% | ₹33,025 | Waived (₹0) | +₹33,025 | Apply → |
| #7 | Myntra Kotak Credit CardKotak Mahindra Bank | 0% Excluded | ₹28,137 | Waived (₹0) | +₹28,137 | Apply → |
| #8 | Swiggy HDFC Bank Credit CardHDFC Bank | 0% Excluded | ₹27,891 | Waived (₹0) | +₹27,891 | Apply → |
| #9 | HDFC Millennia Credit CardHDFC Bank | 1% | ₹24,846 | Waived (₹0) | +₹24,846 | Apply → |
| #10 | SBI Cashback Credit CardSBI Card | 0% Excluded | ₹21,979 | Waived (₹0) | +₹21,979 | Apply → |
| #11 | American Express Membership Rewards Credit CardAmerican Express | 0% Excluded | ₹20,577 | Waived (₹0) | +₹20,577 | Apply → |
| #12 | IDFC FIRST Wealth Credit CardIDFC FIRST Bank | 0.75% | ₹19,298 | Waived (₹0) | +₹19,298 | Apply → |
| #13 | Axis Bank Atlas Credit CardAxis Bank | 0% Excluded | ₹24,859 | ₹5,900 | +₹18,959 | Apply → |
| #14 | HSBC Live+ Credit CardHSBC India | 0% Excluded | ₹18,821 | Waived (₹0) | +₹18,821 | Apply → |
| #15 | Airtel Axis Bank Credit CardAxis Bank | 0% Excluded | ₹18,638 | Waived (₹0) | +₹18,638 | Apply → |
| #16 | Flipkart Axis Bank Credit CardAxis Bank | 0% Excluded | ₹18,038 | Waived (₹0) | +₹18,038 | Apply → |
| #17 | IndusInd Bank Tiger Credit CardIndusInd Bank | 0.7% | ₹15,291 | Waived (₹0) | +₹15,291 | Apply → |
| #18 | Ixigo AU Credit CardAU Small Finance Bank | 0% Excluded | ₹12,979 | Waived (₹0) | +₹12,979 | Apply → |
| #19 | SBI SimplyCLICK Credit CardSBI Card | 0.25% | ₹11,548 | Waived (₹0) | +₹11,548 | Apply → |
| #20 | IndusInd Bank Legend Credit CardIndusInd Bank | 0.5% | ₹10,686 | Waived (₹0) | +₹10,686 | Apply → |
| #21 | Standard Chartered Smart Credit CardStandard Chartered Bank | 0% Excluded | ₹10,383 | Waived (₹0) | +₹10,383 | Apply → |
| #22 | IDFC FIRST Select Credit CardIDFC FIRST Bank | 0.5% | ₹10,213 | Waived (₹0) | +₹10,213 | Apply → |
| #23 | BPCL SBI Card OCTANESBI Card | 0% Excluded | ₹9,701 | Waived (₹0) | +₹9,701 | Apply → |
| #24 | IndianOil RBL Bank Xtra Credit CardRBL Bank | 0% Excluded | ₹9,095 | Waived (₹0) | +₹9,095 | Apply → |
| #25 | Kiwi RuPay Credit Card with NeonAxis Bank | 0% Excluded | ₹9,019 | Waived (₹0) | +₹9,019 | Apply → |
| #26 | Jupiter Edge CSB Bank RuPay Credit CardCSB Bank | 0% Excluded | ₹7,943 | Waived (₹0) | +₹7,943 | Apply → |
| #27 | OneCard Metal Credit CardFederal Bank | 0.2% | ₹6,738 | Waived (₹0) | +₹6,738 | Apply → |
| #28 | ICICI Bank Coral RuPay Credit CardICICI Bank | 0.25% | ₹6,035 | Waived (₹0) | +₹6,035 | Apply → |
| #29 | ICICI Bank Sapphiro Credit CardICICI Bank | 0.25% | ₹5,883 | Waived (₹0) | +₹5,883 | Apply → |
| #30 | Axis Bank Magnus Credit CardAxis Bank | 0% Excluded | ₹18,553 | ₹14,750 | +₹3,803 | Apply → |
Frequently Asked Questions
Which credit card ranks #1 for ₹150,000/month spent on LIC, Health & Term Insurance Premiums?▼
HDFC Infinia Metal Edition ranks #1, generating ₹80,292 gross rewards and ₹80,292 in net annual value (4.46% effective yield) after deducting annual fees.
How does the runner-up compare to the winner?▼
The #2 card is HDFC Diners Club Black Metal Edition delivering ₹80,292 net annual value. HDFC Infinia Metal Edition outperforms it by ₹0/year.
Which credit cards should I avoid for LIC, Health & Term Insurance Premiums?▼
Avoid Myntra Kotak Credit Card, Swiggy HDFC Bank Credit Card, SBI Cashback 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 HDFC Infinia Metal Edition at ₹1,800,000 annual spend, the fee is waived (₹0 effective fee).