American Express Membership Rewards® Credit Card on Insurance premiums
No. The American Express Membership Rewards® Credit Card earns no rewards on Insurance premiums.
On Insurance premiums
0%
Other spends
1%
Rank for Insurance premiums
#102 of 149
Annual fee
₹1,000 + Taxes
What to know before you pay on Insurance premiums
How it works
About 1% plus monthly bonuses: 1,000 points for 4 spends of ₹1,500+ and 1,000 more for ₹20,000 in a month, which makes it closer to 2.5% for ₹20,000 a month. New applications have been reported paused since March 2025.
Caps & rules
- 1 Membership Rewards point per ₹50.
- 1,000 bonus points for 4 transactions of ₹1,500+ in a calendar month, and 1,000 for spending ₹20,000 in a month.
- Points worth about ₹0.50 on vouchers and Marriott transfers, about ₹0.25 as statement credit.
No rewards on
Fuel, utilities, insurance, EMI conversions, cash
Checked 2026-10-11 · Bank terms
Cards that earn more on Insurance premiums
-
#1
PhonePe SBI Card SELECT BLACK
SBI Card · ₹1,499 + Taxes · Max ₹500 a month
10%
Apply now -
#2
HDFC Infinia Credit Card Metal Edition
HDFC Bank · ₹12,500 + Taxes
3.33%
Apply now -
#3
HDFC Diners Club Black
HDFC Bank · ₹10,000 + Taxes
3.33%
Apply now
Questions
Does the American Express Membership Rewards® Credit Card give rewards on Insurance premiums?
No. The American Express Membership Rewards® Credit Card earns no rewards on Insurance premiums.
Is there a limit on American Express Membership Rewards® Credit Card rewards?
1 Membership Rewards point per ₹50. 1,000 bonus points for 4 transactions of ₹1,500+ in a calendar month, and 1,000 for spending ₹20,000 in a month. Points worth about ₹0.50 on vouchers and Marriott transfers, about ₹0.25 as statement credit.
Which credit card is best for Insurance premiums?
PhonePe SBI Card SELECT BLACK is the best pick for regular spending on Insurance premiums, with 10% back. The American Express Membership Rewards® Credit Card ranks #102 of 149 cards we compared, by what each returns after caps.