Base reward rate: Earn 10x points on LIC premiums (2.5% effective) and 5x points (1.25% effective) on most other spends including grocery, utility, and travel.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 0
Annual fee: 0
Pros
Zero forex markup (0.00%) on all international transactions, making it cost-effective for international travel and online spending.
Earn 10 times reward points on payment of LIC premiums
Earn five times reward points utility, grocery, railway payments, education and government payments
Earn one complimentary domestic airport lounge access every quarter
Get personal accident cover worth Rs. 5 lakh
Get lost card liability cover worth Rs.50,000
Earns rewards on utility bill payments (5x rate)
Earns rewards on education fee payments (5x rate)
Cons
The 1% fuel surcharge waiver is highly restrictive, as it only applies to transactions between ₹200 and ₹500, making it impractical for most car fuel purchases.
Domestic airport lounge access is not guaranteed and is conditional upon spending at least ₹5,000 in the previous quarter, which may be a drawback for infrequent users.
Offers no complimentary international lounge access, limiting its appeal for frequent international travelers.
Best Use Case
Individuals who frequently pay LIC premiums and seek rewards on utility, grocery, and other daily expenses.