All categories
Cards ranked for insurance
By effective returnreward points · base rate fallback · excl. rent, fuel, wallet load, tax, emi, education, govt
3.3%
cap: none
Verifiedreward points · base rate fallback · excl. rent, fuel, wallet load, tax, emi, govt
2.7%
cap: none
VerifiedAbout insurance rewards
Health, life, and motor insurance premiums. Most transactions in this category route through merchant category codes 6300, which is how reward rules identify them. The ICICI Bank Emeralde Private Metal leads for insurance today at 6% effective return.
What you would earn
Example calculationA ₹1,200 insurance purchase
₹72 reward
ICICI Bank Emeralde Private Metal, 6% effective reward points.
Frequently asked
4 questionsWhich credit card earns the most on insurance in India?
The ICICI Bank Emeralde Private Metal earns 6% effective return on insurance, the highest of the 8 cards Tapwise tracks in this category.
Which MCC codes count as insurance?
Tapwise treats merchant category codes 6300 as insurance when matching reward rules. Card networks assign the MCC at the merchant level, so the same purchase will be tagged the same way across cards.
Which merchants count as insurance on Tapwise?
Common insurance merchants include LIC. See the merchant list on this page for the full set; each has its own dedicated reward breakdown.
How often does Tapwise update insurance reward data?
Reward rules are re-checked weekly against issuer documents. The "verified" badge on a card means the rule was hand-reviewed; "approximate" means our team is still finalising it and we use conservative defaults so users see at least as much reward as we promise.