Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
Best Credit Cards for ₹50,000 Monthly LIC, Health & Term Insurance Premiums Spend
Top-rated credit cards for ₹50,000/mo spent on LIC, Health & Term Insurance Premiums. #1 HDFC Diners Club Black Metal Edition yields ₹14,964 net annual value (2.49% ROI). Compare full 10-card leaderboard.
🥇 Rank #1 Gold2.49% ROI
HDFC Diners Club Black Metal Edition
HDFC Bank
Net Annual Value+₹14,964
🥈 Rank #2 Silver2.23% ROI
Tata Neu Infinity HDFC Credit Card
HDFC Bank
Net Annual Value+₹13,371
🥉 Rank #3 Bronze2.05% ROI
Amazon Pay ICICI Bank Credit Card
ICICI Bank
Net Annual Value+₹12,303
Full 10-Card Ranked Standings (@ ₹50,000/mo)
| Rank | Credit Card | Rate in Category | Gross Rewards | Effective Fee | Net Annual Benefit | Action |
|---|---|---|---|---|---|---|
| #1 | HDFC Diners Club Black Metal EditionHDFC Bank | 3.33% | ₹26,764 | ₹11,800 | +₹14,964 | Apply → |
| #2 | Tata Neu Infinity HDFC Credit CardHDFC Bank | 1.5% | ₹13,371 | Waived (₹0) | +₹13,371 | Apply → |
| #3 | Amazon Pay ICICI Bank Credit CardICICI Bank | 2% | ₹12,303 | Waived (₹0) | +₹12,303 | Apply → |
| #4 | HDFC Infinia Metal EditionHDFC Bank | 3.33% | ₹26,764 | ₹14,750 | +₹12,014 | Apply → |
| #5 | HDFC Regalia Gold Credit CardHDFC Bank | 1.33% | ₹11,987 | Waived (₹0) | +₹11,987 | Apply → |
| #6 | HDFC Millennia Credit CardHDFC Bank | 1% | ₹11,229 | Waived (₹0) | +₹11,229 | Apply → |
| #7 | Airtel Axis Bank Credit CardAxis Bank | 0% Excluded | ₹9,771 | Waived (₹0) | +₹9,771 | Apply → |
| #8 | Myntra Kotak Credit CardKotak Mahindra Bank | 0% Excluded | ₹9,379 | Waived (₹0) | +₹9,379 | Apply → |
| #9 | Swiggy HDFC Bank Credit CardHDFC Bank | 0% Excluded | ₹9,297 | Waived (₹0) | +₹9,297 | Apply → |
| #10 | HSBC Live+ Credit CardHSBC India | 0% Excluded | ₹7,832 | Waived (₹0) | +₹7,832 | Apply → |
| #11 | SBI Cashback Credit CardSBI Card | 0% Excluded | ₹7,326 | Waived (₹0) | +₹7,326 | Apply → |
| #12 | American Express Membership Rewards Credit CardAmerican Express | 0% Excluded | ₹6,859 | Waived (₹0) | +₹6,859 | Apply → |
| #13 | IDFC FIRST Wealth Credit CardIDFC FIRST Bank | 0.75% | ₹6,433 | Waived (₹0) | +₹6,433 | Apply → |
| #14 | Flipkart Axis Bank Credit CardAxis Bank | 0% Excluded | ₹6,013 | Waived (₹0) | +₹6,013 | Apply → |
| #15 | YES BANK Marquee Credit CardYES BANK | 1% | ₹11,008 | ₹5,899 | +₹5,109 | Apply → |
| #16 | IndusInd Bank Tiger Credit CardIndusInd Bank | 0.7% | ₹5,097 | Waived (₹0) | +₹5,097 | Apply → |
| #17 | Ixigo AU Credit CardAU Small Finance Bank | 0% Excluded | ₹4,326 | Waived (₹0) | +₹4,326 | Apply → |
| #18 | SBI SimplyCLICK Credit CardSBI Card | 0.25% | ₹3,849 | Waived (₹0) | +₹3,849 | Apply → |
| #19 | IndusInd Bank Legend Credit CardIndusInd Bank | 0.5% | ₹3,562 | Waived (₹0) | +₹3,562 | Apply → |
| #20 | Standard Chartered Smart Credit CardStandard Chartered Bank | 0% Excluded | ₹3,461 | Waived (₹0) | +₹3,461 | Apply → |
| #21 | IDFC FIRST Select Credit CardIDFC FIRST Bank | 0.5% | ₹3,404 | Waived (₹0) | +₹3,404 | Apply → |
| #22 | BPCL SBI Card OCTANESBI Card | 0% Excluded | ₹3,234 | Waived (₹0) | +₹3,234 | Apply → |
| #23 | IndianOil RBL Bank Xtra Credit CardRBL Bank | 0% Excluded | ₹3,032 | Waived (₹0) | +₹3,032 | Apply → |
| #24 | Kiwi RuPay Credit Card with NeonAxis Bank | 0% Excluded | ₹3,006 | Waived (₹0) | +₹3,006 | Apply → |
| #25 | Jupiter Edge CSB Bank RuPay Credit CardCSB Bank | 0% Excluded | ₹2,648 | Waived (₹0) | +₹2,648 | Apply → |
| #26 | Axis Bank Atlas Credit CardAxis Bank | 0% Excluded | ₹8,286 | ₹5,900 | +₹2,386 | Apply → |
| #27 | OneCard Metal Credit CardFederal Bank | 0.2% | ₹2,246 | Waived (₹0) | +₹2,246 | Apply → |
| #28 | ICICI Bank Coral RuPay Credit CardICICI Bank | 0.25% | ₹2,012 | Waived (₹0) | +₹2,012 | Apply → |
| #29 | ICICI Bank Sapphiro Credit CardICICI Bank | 0.25% | ₹1,961 | Waived (₹0) | +₹1,961 | Apply → |
| #30 | Axis Bank Magnus Credit CardAxis Bank | 0% Excluded | ₹6,184 | ₹14,750 | +-₹8,566 | Apply → |
Frequently Asked Questions
Which credit card ranks #1 for ₹50,000/month spent on LIC, Health & Term Insurance Premiums?▼
HDFC Diners Club Black Metal Edition ranks #1, generating ₹26,764 gross rewards and ₹14,964 in net annual value (2.49% effective yield) after deducting annual fees.
How does the runner-up compare to the winner?▼
The #2 card is Tata Neu Infinity HDFC Credit Card delivering ₹13,371 net annual value. HDFC Diners Club Black Metal Edition outperforms it by ₹1,593/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 HDFC Diners Club Black Metal Edition at ₹600,000 annual spend, the fee is ₹11,800 after 18% GST.