American Express® Platinum ReserveSM Credit Card on Insurance premiums
No. The American Express® Platinum ReserveSM Credit Card earns no rewards on Insurance premiums.
On Insurance premiums
0%
Other spends
1%
Rank for Insurance premiums
#93 of 149
Annual fee
₹10,000 + Taxes
What to know before you pay on Insurance premiums
How it works
About 1% in points plus a ₹1,000 voucher in any month you spend ₹50,000.
Caps & rules
- 1 Membership Rewards point per ₹50.
- ₹1,000 voucher for spending ₹50,000 in a calendar month (up to ₹12,000 a year).
- The 3X Reward Multiplier portal is reported to close on 30 Sep 2026.
- Fee ₹10,000, waived at ₹10 Lakh annual spend.
- 3.5% forex markup.
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® Platinum ReserveSM Credit Card give rewards on Insurance premiums?
No. The American Express® Platinum ReserveSM Credit Card earns no rewards on Insurance premiums.
Is there a limit on American Express® Platinum ReserveSM Credit Card rewards?
1 Membership Rewards point per ₹50. ₹1,000 voucher for spending ₹50,000 in a calendar month (up to ₹12,000 a year). The 3X Reward Multiplier portal is reported to close on 30 Sep 2026. Fee ₹10,000, waived at ₹10 Lakh annual spend. 3.5% forex markup.
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® Platinum ReserveSM Credit Card ranks #93 of 149 cards we compared, by what each returns after caps.