HDFC Card Insurance Payment Offer: 5X points all February 2021

HDFC Bank has been stimulating it’s existing credit card member base to spend more a lot of late. Just in December 2020, HDFC Bank had a 5X offer on various categories, including Insurance payments, and now they are back with a universal HDFC Card Insurance Payment offer for everyone again.

HDFC Card Insurance Payment Offer

HDFC Card Insurance Payment Offer: 5X Rewards Points

To promote people to use the HDFC Bank Credit Cards in the insurance segment, there is a new HDFC Card Insurance Payment Offer, offering bonus HDFC Bank reward points for paying Insurance expenses on their proprietary personal Credit Cards between February 1, 2021, and February 28, 2021. One earns 5x rewards points on insurance payments with this promotion, as long as over INR 20,000 has been spent on Insurance payments on the same card through the month.

There is a cap of 2000 points that can be earned as bonus points via this promotion. The promotion is not targetted and hence does not need any enrollment. The offer is applicable to all HDFC Bank Retail and Business Credit Card customers. Corporate and Commercial cards are Excluded. If you convert an insurance premium payment to an EMI, you still get the 5X points.

Besides the bonuses, HDFC Bank has a cap of 5,000 Reward Points/day on HDFC Bank Infinia for payment of insurance, so if you paid worth INR 20,001 on a day, here is how it would work for you:

  • Base points: 667 points
  • Bonus 4X points: 2000 points (2666 points if the cap was not there).

Essentially, on the Infinia, you get 2667 points on an INR 20,000+ payment, which leads to a return of 13% on your insurance payments. Other cards will similarly have their own calculations. The Bonus Reward Points will get credited to Cardmember’s account by April 30, 2021.

Only eligible transactions going through merchant platforms will be eligible for Reward Points. Transactions going through an aggregator (like Paypal, Paytm, PayU etc.) may not trigger Reward Points since it entirely depends upon how a merchant submits its transactions to HDFC Bank.


It is fantastic when you can earn miles for stuff you are already going to have to do, such as paying insurance. But when you get 5X points to do that, it is all the more reason to do so. If you are planning an Insurance payment (tax season and financial year-end are right here), you might want to consider making your insurance payments in February 2021 itself if you intend to use this offer.

Which HDFC Bank Credit Card are you going to use this month to pay for your insurance?

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  1. I have DCB. Did anyone try insurance payment on Amazon pay via smart buy. Does that accrue 5x reward points ? Just wanted to know as smartbuy has higher points cap compared to the offer in the above post.

  2. I have HDFC LTF regalia card, SCB Ultimate & recently got Amex Platinum travel card by your referral. Have an LIC insurance payment of 20K this month, I have 3 options to make this payment

    1. HDFC Regalia card can fetch 2000 rewards points (3.5 – 5% returns based on redemption type) on 5X offer this month
    2. Make payment by Amex Plat travel which would help me attain 4 L limit (~6% returns on 4L spend)
    3. Flat 3.3% returns by SCB Ultimate

    Which one is best?

  3. Anyone who whats the cap on DCB for rewards on Insurance premium payment? Just like the 2,000 cap mentioned by Ajay on Infinia

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