What is LIC Platinum Card?
The LIC Platinum credit card offers deals and discounts across various categories namely, dining, shopping, accommodation, travel, and lifestyle. Customers can also get complimentary insurance cover, bonus rewards, and fuel surcharge waiver benefits when they procure a LIC Platinum credit card.
Primary cardholder between the age of 18 and 70 years. Add-on cardholder should be over 15 years. Resident of India or Non-Resident Indian.
Which credit card is best for LIC payment?
Offers of Best Credit Cards on Insurance Premium Payment
It is a card that captures the essence of premium lifestyle and brings unparalleled range of privileges. It offers maximum rewards on LIC premium payments along with airport lounge access, insurance cover, fuel benefits & host of other benefits.
Is LIC credit card free?
Zero Fees- LIC Cards charges zero annual fee and zero add-on card fee on this credit card. Only 3 add-on cards can be availed on one primary card. Rewards- Under the PlusPoint Rewards program, cardholders will earn rewards at the given rate: 1 reward point per Rs.11-Jul-2022
With up to a $25,000 credit limit, the Visa Platinum card gives you room to do what you need and what you want. Your Visa Platinum card is accepted at over 22 million worldwide locations, including over 700,000 ATMs in the Visa Global ATM Network.
What is the advantage of platinum credit card?
It is a basic credit card that is suitable for you if you want to earn reward points on your retail purchases, as it offers higher reward points on the retail category. Also, just like other basic credit cards, you can avail a fuel surcharge waiver of 1% via this credit card.14-Oct-2022
The credit score needed for the American Express Platinum is generally above 700. According to Credit Karma, the average score is 715. Although, several applicants with credit scores in the 600s have also been approved, even as low as 643.04-Oct-2022
Is a Platinum Card expensive?
The Platinum Card® from American Express is most definitely the latter. The card's $695 annual fee, which increased from $550 on July 1, 2021, is among the steepest in the industry. But that fee unlocks an extensive portfolio of benefits focused on travel, entertainment, dining, retail and wellness.
It can also impact the terms of loan, such as the interest rate offered. However, a lapse in insurance policy will not affect your CIBIL score in any way.
Can I pay LIC from cred?
Can I Pay LIC Premiums Through Credit Card? Yes, LIC allows premium payments against life insurance policies to be made via credit cards.
Enter Policy Details and Pay using NetBanking or Debit/Credit Cards. This facility is available for all non-ULIP policies. Now the payments can be made using VISA/Master Credit Card (Domestic Only) with some convenience charges.
Can my wife use my platinum card for lounge access?
Adding your family members as authorized users is an option for sharing lounge access benefits. However, if your family member is targeted for the incredible 100,000-point welcome bonus (offer subject to change at any time) on the Platinum card, the best option is likely for them to apply for the card.28-May-2021
Best Credit Cards for Airport Lounge Access in India
What is the difference between platinum and premium card?
The big difference between a platinum card and a premium card is often the annual card fee – you'll usually pay a higher fee for the privilege of having a premium card.
It can also impact the terms of loan, such as the interest rate offered. However, a lapse in insurance policy will not affect your CIBIL score in any way.08-Oct-2017
What is documents required for LIC credit card?
Documentation:- Unless there are case variations, the required documents for Axis Bank LIC Credit Card application include a copy of your PAN card or Form 60, residence proof, identity proof, a colour photograph and proof of income in the form of latest payslip / Form 16 / IT return copy.
Which is the safest credit card in India? SBI SimplySave credit card is the safest card as it offers the lowest interest rates with minimal joining and annual charges. The card also offers the best features for basic expenses like grocery and retail shopping.
Is a platinum credit card better?
Meanwhile, a platinum credit card is typically a provider's top-tier rewards credit card that comes with benefits that you normally wouldn't find on a standard or gold card. These cards typically have higher interest rates and are thus geared toward individuals who are able to pay off their balance in full each month.
The Platinum Card® from American Express is the winner over the American Express® Gold Card. While it's a more expensive choice, the American Express Platinum card provides frequent travelers with a lot more value.
Does a Platinum Card increase credit score?
Key Things to Know About Capital One Platinum The card helps people build credit, as it reports account information to the 3 major credit bureaus each month. Cardholders do not earn rewards on purchases. The card comes with a high APR.06-Dec-2022
What is LIC Platinum Card?