SBI Card MILES on Insurance premiums

No. The SBI Card MILES earns no rewards on Insurance premiums.

On Insurance premiums

Other spends

0.25%

Rank for Insurance premiums

#130 of 149

Annual fee

₹1,499 + Taxes

What to know before you pay on Insurance premiums

How it works

Travel Credits valued at ₹0.50 on SBI's travel portal: 0.5% on travel, 0.25% elsewhere. Converting 1:1 to airline and hotel partners doubles that.

Caps & rules

2 Travel Credits per ₹200 on travel, 1 per ₹200 on other spends.
1 Travel Credit = ₹1 when converted to airline or hotel partners, ₹0.50 on travel bookings, ₹0.25 on the catalogue.
5,000 bonus credits at ₹5 Lakh annual spend.

Reward limits

2 Travel Credits per ₹200 on travel: No limit
1 Travel Credit per ₹200 elsewhere: No limit

No rewards on

Fuel, rent, utilities, wallet loads, insurance

Checked 2026-10-11 · Bank terms

Apply now Full review Compare all cards for Insurance premiums

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

Where else the SBI Card MILES earns more

Air India 0.5% Akasa Air 0.5% Cleartrip 0.5% Goibibo 0.5% IRCTC 0.5% IndiGo 0.5% MakeMyTrip 0.5%

Questions

Does the SBI Card MILES give rewards on Insurance premiums?

No. The SBI Card MILES earns no rewards on Insurance premiums.

Is there a limit on SBI Card MILES rewards?

2 Travel Credits per ₹200 on travel, 1 per ₹200 on other spends. 1 Travel Credit = ₹1 when converted to airline or hotel partners, ₹0.50 on travel bookings, ₹0.25 on the catalogue. 5,000 bonus credits at ₹5 Lakh annual spend.

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 SBI Card MILES ranks #130 of 149 cards we compared, by what each returns after caps.