Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
Best Credit Cards for ₹200,000 Monthly LIC, Health & Term Insurance Premiums Spend
Top-rated credit cards for ₹200,000/mo spent on LIC, Health & Term Insurance Premiums. #1 HDFC Infinia Metal Edition yields ₹107,056 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+₹1,07,056
🥉 Rank #3 Bronze2.23% ROI
Tata Neu Infinity HDFC Credit Card
HDFC Bank
Net Annual Value+₹53,482
Full 10-Card Ranked Standings (@ ₹2,00,000/mo)
| Rank | Credit Card | Rate in Category | Gross Rewards | Effective Fee | Net Annual Benefit | Action |
|---|---|---|---|---|---|---|
| #1 | HDFC Infinia Metal EditionHDFC Bank | 3.33% | ₹1,07,056 | Waived (₹0) | +₹1,07,056 | Apply → |
| #2 | HDFC Diners Club Black Metal EditionHDFC Bank | 3.33% | ₹1,07,056 | Waived (₹0) | +₹1,07,056 | Apply → |
| #3 | Tata Neu Infinity HDFC Credit CardHDFC Bank | 1.5% | ₹53,482 | Waived (₹0) | +₹53,482 | Apply → |
| #4 | Amazon Pay ICICI Bank Credit CardICICI Bank | 2% | ₹49,213 | Waived (₹0) | +₹49,213 | Apply → |
| #5 | HDFC Regalia Gold Credit CardHDFC Bank | 1.33% | ₹47,947 | Waived (₹0) | +₹47,947 | Apply → |
| #6 | YES BANK Marquee Credit CardYES BANK | 1% | ₹44,034 | Waived (₹0) | +₹44,034 | Apply → |
| #7 | Swiggy HDFC Bank Credit CardHDFC Bank | 0% Excluded | ₹37,187 | Waived (₹0) | +₹37,187 | Apply → |
| #8 | Myntra Kotak Credit CardKotak Mahindra Bank | 0% Excluded | ₹36,568 | Waived (₹0) | +₹36,568 | Apply → |
| #9 | SBI Cashback Credit CardSBI Card | 0% Excluded | ₹29,305 | Waived (₹0) | +₹29,305 | Apply → |
| #10 | HDFC Millennia Credit CardHDFC Bank | 1% | ₹29,128 | Waived (₹0) | +₹29,128 | Apply → |
| #11 | Axis Bank Atlas Credit CardAxis Bank | 0% Excluded | ₹33,145 | ₹5,900 | +₹27,245 | Apply → |
| #12 | American Express Membership Rewards Credit CardAmerican Express | 0% Excluded | ₹26,425 | Waived (₹0) | +₹26,425 | Apply → |
| #13 | IDFC FIRST Wealth Credit CardIDFC FIRST Bank | 0.75% | ₹25,731 | Waived (₹0) | +₹25,731 | Apply → |
| #14 | Flipkart Axis Bank Credit CardAxis Bank | 0% Excluded | ₹24,051 | Waived (₹0) | +₹24,051 | Apply → |
| #15 | HSBC Live+ Credit CardHSBC India | 0% Excluded | ₹21,095 | Waived (₹0) | +₹21,095 | Apply → |
| #16 | IndusInd Bank Tiger Credit CardIndusInd Bank | 0.7% | ₹20,387 | Waived (₹0) | +₹20,387 | Apply → |
| #17 | Airtel Axis Bank Credit CardAxis Bank | 0% Excluded | ₹19,851 | Waived (₹0) | +₹19,851 | Apply → |
| #18 | Ixigo AU Credit CardAU Small Finance Bank | 0% Excluded | ₹17,305 | Waived (₹0) | +₹17,305 | Apply → |
| #19 | SBI SimplyCLICK Credit CardSBI Card | 0.25% | ₹15,398 | Waived (₹0) | +₹15,398 | Apply → |
| #20 | IndusInd Bank Legend Credit CardIndusInd Bank | 0.5% | ₹14,248 | Waived (₹0) | +₹14,248 | Apply → |
| #21 | Standard Chartered Smart Credit CardStandard Chartered Bank | 0% Excluded | ₹13,844 | Waived (₹0) | +₹13,844 | Apply → |
| #22 | IDFC FIRST Select Credit CardIDFC FIRST Bank | 0.5% | ₹13,617 | Waived (₹0) | +₹13,617 | Apply → |
| #23 | BPCL SBI Card OCTANESBI Card | 0% Excluded | ₹12,935 | Waived (₹0) | +₹12,935 | Apply → |
| #24 | IndianOil RBL Bank Xtra Credit CardRBL Bank | 0% Excluded | ₹12,126 | Waived (₹0) | +₹12,126 | Apply → |
| #25 | Kiwi RuPay Credit Card with NeonAxis Bank | 0% Excluded | ₹12,025 | Waived (₹0) | +₹12,025 | Apply → |
| #26 | Jupiter Edge CSB Bank RuPay Credit CardCSB Bank | 0% Excluded | ₹10,590 | Waived (₹0) | +₹10,590 | Apply → |
| #27 | Axis Bank Magnus Credit CardAxis Bank | 0% Excluded | ₹24,738 | ₹14,750 | +₹9,988 | Apply → |
| #28 | OneCard Metal Credit CardFederal Bank | 0.2% | ₹8,984 | Waived (₹0) | +₹8,984 | Apply → |
| #29 | ICICI Bank Coral RuPay Credit CardICICI Bank | 0.25% | ₹8,046 | Waived (₹0) | +₹8,046 | Apply → |
| #30 | ICICI Bank Sapphiro Credit CardICICI Bank | 0.25% | ₹7,844 | Waived (₹0) | +₹7,844 | Apply → |
Frequently Asked Questions
Which credit card ranks #1 for ₹200,000/month spent on LIC, Health & Term Insurance Premiums?▼
HDFC Infinia Metal Edition ranks #1, generating ₹107,056 gross rewards and ₹107,056 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 ₹107,056 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 Swiggy HDFC Bank Credit Card, Myntra Kotak 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 ₹2,400,000 annual spend, the fee is waived (₹0 effective fee).