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LIC Credit Card Reward Points

Step into the world of privileges with LIC Credit Card Reward Points program. Not only can you shop without worrying about carrying a load of cash, you can also earn rewards as you go about doing what you love and do best – shop. LIC Credit Card offers you an assured gift every time you shop by crediting your card with reward points which you can redeem in exchange for exciting products including travel – you can get full refund of surcharge on your fuel. You get 1 point for every INR 100 you spend on your card and 2 points every time you pay your LIC insurance premium. This is the general rule. There are different benefits with different cards. Here is all you need to know.

How do I earn reward points under the LIC Reward Points programme?

The reward points will be credited to your account each time you swipe your credit card to make a purchase. You can earn not only while doing your mundane day to day shopping but also while have a good time dining at fine dining restaurants, making travel arrangements and buying fuel for your vehicle. You can even earn points as you pay for lounge access at the international airports across the country. Did we mention 2 reward points each time you pay your LIC premium? You can redeem your points in exchange for gifts, vouchers, gift-cards, and gift hampers. Read on to see a complete list.

How should I redeem reward points earned on my LIC credit card?

You can redeem your LIC credit card reward points by calling their customer care number.

Here is what you need to do.

  • Call the customer care number.
  • Let the IVR guide you to a customer care representative.
  • The customer care representative will ask a few questions to verify you are who you say you are.
  • Once satisfied, he will let you know the number of points to your credit and what products and offers are available for redemption.
  • You can also make a note of the item number of the product or offer you wish to redeem and inform the customer care executive this number. You can find a complete catalogue on the official website of LIC.
  • Make your choice and your item will be delivered to you no later than 7 working days from booking.
  • If you wish to avail redemption for fine dining or shopping you should have a minimum of 1000 points to your credit so that you can exchange it for a gift card.
  • Keep your Order ID – generated as a result of placing a redemption request – handy for future reference. HERE

Type of credit cards that offers different reward points;

Card TypeRewards Points on LIC premium payments and international spends.Reward Points Earned on every Rs. 100 spentExtra Feature
LIC Gold Credit Card21Complimentary lost card liability insurance cover up to your credit limit
LIC Titanium Credit Card21

Complimentary lost card liability insurance cover up to your credit limit

2.5% fuel surcharge waiver

Airport Lounge Access

LIC Platinum Credit Card21

Complimentary lost card liability insurance cover up to your credit limit

2.5% fuel surcharge waiver

Rs. 3 Lac Personal Accident Cover

LIC Signature Credit Card21

Complimentary lost card liability insurance cover up to your credit limit.

2.5% fuel surcharge waiver

Airport Lounge Access

Rs. 5 Lac Personal Accident Cover

Categories on which reward points can be availed

1. Vouchers

2. Electronics

3. Electronic Storage

4. Health and Wellness

5. Music

6. Kitchen

7. Watches

Spend Categories applicable for Extra Points

ProductsGift CodeReward Points Required
LIC GoldLIC TitaniumLIC PlatinumLIC Signature
Sandisk Micro SDHC 16GB cardAXL00123552355940710
Hp Metal Body 16 Gb PendriveAXL002250025001000755
Kingston Micro Duo USB OTG Flash Drive - 32GBAXL0044480448017901355
Kingston Micro Duo USB OTG Flash Drive - 64GBAXL0056560656026201980
Dr. Morepen BG-03 Gluco One Glucometer, 25 StripsAXL0065310531021201605
Kindle Paperwhite 3G, 6" High Resolution Display (300 ppi) with Built-in Light, Free 3G + Wi-FiAXL00745620456201822013770
American Tourister Non-Laptop Backpack MamboAXL0086850685027402070
Arrow Rs. 1000 VoucherLG105325032501300980
Gant Rs. 1000 VoucherLG108317031701270950
US Polo Association Rs. 1000 VoucherLG109317031701270950
Morphy Richards Inspira 1000-Watt Dry IronAXL011287028701150870
Elle Rs. 1000 VoucherLG112317031701270950
Flying Machine Rs. 1000 VoucherLG113317031701270950
Bajaj ATX 4 750-Watt Pop-up ToasterAXL0125000500011001510
Bajaj Majesty RCX7 700-Watt 1.8-Litre Rice CookerAXL0137430743029702240
Bajaj 1.0L Non-Strix Electric 17 KettleAXL0144230423016901280
Nike Rs. 1500 VoucherLG1074640464018601390
Bajaj Ceramic Duo Cookware 3Pcs SetAXL0157495749529952265
Bajaj Classic 750-Watt Mixer Grinder with 3 JarsAXL016142501425056954305
Bajaj ELX 16 LED Emergency 21 LightAXL0175915591523651785
Dr. Morepen Nebulizer CN06LP2718200820032802460
Bose SoundLink Color II Bluetooth SpeakersAXL01936715367151466511080
Sennheiser Hd 215 II Closed Over-Ear Back Headphone with High Passive Noise AttenuationAXL020172251722570805345
Seagate Expansion 500GB External Hard DriveAXL021163151631565204925
Seagate Expansion 1TB Hard DriveAXL022196901969078655945
Western Digital 2 Tb External Hard DriveAXL0233159031590126209535
Philips HP8143/00 DryerAXL024293529351175890
Flying Machine Rs. 4000 VoucherLG110121401214048603640
Villeroy & Boch Rs. 5000 VoucherLG114168401684067405050
Portronics POR-141 Plugs Portable Speaker with FM & MicroSD card SupportAXL0273630363014501100
Jimmy Choo Rs. 5000 VoucherLG117168001680067205040
Emporio Armani Rs. 5000 VoucherLG118168001680067205040
Canali Rs. 5000 VoucherLG119168001680067205040
Tumi Rs. 5000 VoucherLG120168001680067205040
Paul Smith Rs. 5000 VoucherLG121156901569062804710
Sony PS4 Slim 1 TB ConsoleAXL0281070651070654276032311
Portronics CUTIE POWER BANK 2200MAHAXL02916001600640485
Dr Morepen BP-09 Digital Blood Pressure MonitorsAXL0326770677027102045
Bottega Veneta Rs. 10000 VoucherLG10633470334701339010040
Apple iPad Tablet (9.7 inch, 32GB, Wi-Fi)AXL00995610956103819028855
Apple iPad Tablet (9.7 inch, 32GB, Wi-Fi + 4G LTE + Voice Calling)AXL0101582451582456320547759
Axis Gift Card INR 1000LG0963500350014001050
Axis Gift Card INR 2500LG0978500850034002550
Axis Gift Card INR 5000LG098168501685067505050

Rules and regulations for My Rewards

  • The credit card reward points program is a facility provided by LIC to its loyal customers who regularly utilize the LIC credit card for making purchases.
  • You must formally enrol yourself into the LIC My Rewards Program to avail of the loyalty facility.
  • LIC charges a small enrolment fee.
  • Reward points are automatically credited to your account as soon as you earn them by making purchases.
  • LIC floats promotional and incentive programs from time to time. You may earn reward points as applicable by participating in these programs.
  • LIC reserves the right to remove or replace any item from the reward catalogue without prior notice.
  • The points available to redeem means points that can be redeemed by you for merchandise from the Rewards Catalogue available on the official website.
  • You cannot transfer the reward points to another person or combine the same with any other card held by you.
  • LIC charges a handling fee of INR 30 for every redemption request.
  • No reward points will accrue in the following circumstances –
    • You cancel or withdraw your credit card facility
    • Your credit card is cancelled by LIC for any reason
    • You have an overdue amount on your credit card account.
  • Computation of accrual as well as redemption of reward points is at the sole discretion of LIC and their decision shall be final and binding.
  • You must have a minimum of 1000 points to initiate a redemption request.
  • Your reward points are liable to expire if you do not use your credit card for a period of 6 months or more.
  • The credit card is the property of LIC and must be produced or surrendered forthwith on request without any delay.
  • LIC will provide a monthly balance statement detailing the transactions made using the credit card and the number of reward points earned against each transaction.

Frequently Asked Questions

1. Do I need to pay any fees for redemption?

LIC charges a handling fee of INR 30 for every redemption request. Other than that no other fees or charges are payable at the time of redemption.

2. I have the reward points of 800, can I redeem them or do I need to have some minimum reward points to be eligible to redeem them?

The minimum limit for reward point redemption is 1000. Every LIC credit card customer will earn a minimum of 1000 reward points to be able to redeem them.

3. What’s the expiry date to redeem the reward points?

There is no expiry of the credit card reward points. However, the reward points will expire if the customer does not use his credit card for a period of 6 months or more.

4. I hold two different cards of LIC can I club the reward points of both together?

No, you cannot combine your reward points with any other card of the LIC held by you. Also you cannot transfer the reward points to another person.

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