2L Insurance Premium – Need advice on best card (Infinia / Magnus / Amex?) or alternatives

[Tattvix]

Hi everyone,


I have an upcoming insurance premium of around ₹2,00,000 and want to use it smartly with the right credit card.


From what I know, cards like HDFC Infinia/Diners, Axis Magnus/Reserve, and Amex Platinum/Gold Charge are often considered for big-ticket spends. But I’ve also read that insurance has become a tricky category due to exclusions or reduced reward rates after recent devaluations.


The cards currently available in my family (my brother has these):

• Amex Gold, Amex Rewards, Amex SmartEarn
• Axis Privilege, Axis Ace, Axis Club Vistara, Axis Indian Oil
• HDFC Biz Grow, HDFC Regalia Gold
• Standard Chartered Ultimate
• IndusInd Pinnacle
• ICICI Amazon Pay
• Kotak Rewards, Kotak Zen
• Tata Neu Plus
• SBI SimplyClick, SBI Cashback
• RBL Shoprite
• IDFC Select

My questions:

1. Among these cards, does any one still give full reward benefit on insurance spends?
2. If not, which card would you seniors suggest as a better alternative for a one-time ₹2L premium payment (whether for rewards, milestones, or annual fee waivers)?
3. Any caps, hidden rules, or exclusions I should be aware of before swiping?

Since ₹2L is a substantial spend, I want to be sure it counts — either towards rewards or milestones. Would really appreciate guidance from the experienced members and seniors who’ve already optimised such spends.


Thanks in advance!

 

[upbalshetwar]

First check your insurance available on Tata Neu Plus if not then
Please go for Slandered Chartered Smart Card