Best Credit Cards for Medical Bill Payments in India 2019

Some of the most valuable credit cards in India provide great rewards on general card charges, including medical bills. Notably, it is important to confirm payments to your provider are eligible for rewards while doing your research. Based on our analysis, we've laid out the best options if you want good value back when paying your medical bills.

Best Credit Cards for Medical Bill Payments
Our Top PickStandard Chartered Ultimate3.33% all spend, up to Rs. 10,000 MakeMyTrip bonus
No Annual FeeAxis Pride Signature1.6% back on all spend (except fuel), lounge access
SecuredBOB Financial Prime Card1% cashback all spend, Rs. 15,000 minimum fixed deposit
Air MilesJetPrivilege HDFC DinersUnlimited global lounge, free Jet Airways tickets
Air India SBI Signature8 lounge visits/year, Rs. 11,250 in bonuses

Best Card for Medical Bill Payment: Standard Chartered Ultimate Card

Consider this if you want a great reward rate on multiple spending categories

Age Requirement 21-65
Annual Income Requirement None listed by issuer
Bonuses
  • Welcome Gift: Up to Rs. 10,000 cashback on MakeMyTrip on tickets booked within 90 days of card issuance

The Standard Chartered Ultimate Card is an excellent choice for high rewards on all spending categories, including on medical bill payments. First, consumers will receive an excellent welcome gift of up to Rs. 10,000 cashback on MakeMyTrip tickets booked within the first 90 days. On all spend, you'll receive best-in-market 3.33% rupee value back (5 points per Rs. 150 spent; 1 point = Rs. 1 cashback). The SC Ultimate Card stands out in that this high reward rate applies to everything (no exceptions), including medical bills.

The card has great travel perks too, including 4 airport lounge stays per quarter (Visa program), and one free Priority Pass stay per month if you reach Rs. 20,000 in monthly spend. You'll also receive 5% off duty free purchases and only pay a 2% foreign currency transaction fee overseas, far lower than the standard 3.5% on most other cards. Overall, get the SC Ultimate Card to earn great cashback on your medical bill payments and everything else, as well as for its great perks.

  • Annual Fee: Rs. 5,000
  • Reward Earn Rate: 5 points per Rs. 150 spent on all transactions; 5% cashback duty free spend
  • Point Value: 1 point = Rs. 1 cashback
  • Perks: Complimentary Priority Pass membership (USD 27/visit, waived once monthly if last month's spend > Rs. 20,000); Visa Lounge access (4 free visits/quarter, major airports in India); 2 free domestic golf games/month (1 free guest game/month), 1 free golf coaching session/month; air accident cover of Rs. 1 crore, emergency medical, bag delay, loss of bags/personal docs, hijacking and flight delay coverage
  • Annual Fee: Rs. 5,000
  • Reward Earn Rate: 5 points per Rs. 150 spent on all transactions; 5% cashback duty free spend
  • Point Value: 1 point = Rs. 1 cashback
  • Perks: Complimentary Priority Pass membership (USD 27/visit, waived once monthly if last month's spend > Rs. 20,000); Visa Lounge access (4 free visits/quarter, major airports in India); 2 free domestic golf games/month (1 free guest game/month), 1 free golf coaching session/month; air accident cover of Rs. 1 crore, emergency medical, bag delay, loss of bags/personal docs, hijacking and flight delay coverage

Best No-Fee Card for Medical Bills: Axis Bank Pride Signature Credit Card

Consider this if you spend at least Rs. 40,000 annually on your card

Age Requirement 18-70
Annual Income Requirement None listed by issuer
Bonuses
  • Monthly Bonus: 100 points (Rs. 40 in Yatra vouchers) on spend of Rs. 5,000

The Axis Pride Signature is the most valuable no-annual fee option for medical bill payments. To be clear, there is truly no fee in your first year as a cardmember, but technically a Rs. 500 fee in subsequent years if you don't surpass Rs. 40,000 in annual spend. However, this requirement should be easily achievable for many. Most of the credit card's value is earned from its great 1.6% back (8 point per Rs. 200 spent; 1 point = Rs. 0.40 Yatra vouchers) on all transactions (except fuel), including medical bills. You'll also get 2 airport lounge visits per quarter across 5 major domestic cities, and the card comes with additional dining benefits. If you want a no-fee credit card that will give you a good return on medical bills too, get this card.

  • Annual Fee: None 1st year; Rs. 500 beyond 1st year, waived on annual spend of Rs. 40,000
  • Earn Rate: 8 points per Rs. 200 spent except on fuel
  • Point Value: 1 point = Rs. 0.40 Yatra vouchers
  • Perks: Access to 10 lounges across 5 cities in India, 2 visits/quarter; dining benefits
  • Fuel Surcharge Waiver: Transactions Rs. 400 – 4,000. Max Rs. 400 per month
  • Annual Fee: None 1st year; Rs. 500 beyond 1st year, waived on annual spend of Rs. 40,000
  • Earn Rate: 8 points per Rs. 200 spent except on fuel
  • Point Value: 1 point = Rs. 0.40 Yatra vouchers
  • Perks: Access to 10 lounges across 5 cities in India, 2 visits/quarter; dining benefits
  • Fuel Surcharge Waiver: Transactions Rs. 400 – 4,000. Max Rs. 400 per month

Best Secured Credit Card for Medical Bills: BOB Financial Prime Card

Consider this if you have poor, limited or nonexistent credit history

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer

The BOB Financial Prime Card is our top pick for medical bill payments if you need a secured credit card. Also known as a credit card against fixed deposit, it's a great card to start with, build your credit and eventually switch to a more valuable card in the future. The BOB Prime will give you 1% rupee value back (4 points per Rs. 100 spent, 4 points = Rs. 1) on all spend, including medical bills, which is the best rate among secured cards. It also has the lowest deposit requirement (Rs. 15,000) in India. Overall, apply for the BOB Prime to earn good value back on your medical bills and other spend while you need a credit card against fixed deposit.

  • Minimum Fixed Deposit: Rs. 15,000
  • Reward Earn Rate: 4 Reward Points per Rs. 100 spent
  • Point Value: 4 Reward Points = Rs. 1
  • Fuel Surcharge Waiver: Transactions Rs. 400 – 5,000; max Rs. 250 waived per month
  • Minimum Fixed Deposit: Rs. 15,000
  • Reward Earn Rate: 4 Rewards Points per Rs. 100 spent
  • Point Value: 4 Reward Points = Rs. 1
  • Fuel Surcharge Waiver: Transactions Rs. 400 – 5,000; max Rs. 250 waived per month

Best Air Miles Credit Cards for Medical Payments

Air miles credit cards are some of the most valuable in the market. We've recommend a couple of our favorites whose high reward rates could give you good value on your medical bill payments.

JetPrivilege HDFC Bank Diners Club Credit Card

Consider this if you want unlimited lounge access and unlimited golf

Age Requirement 21-60 (65 if self-employed)
Annual Income Requirement None listed by issuer
Bonuses
  • Welcome Gift: 1) 15,000 JPMiles (worth ~Rs. 6,750), 2) waiver of 1-way base fare Economy Class ticket, 3) Rs. 750 voucher for return ticket, 4) 15 JetPrivilege Tier Points upon first swipe > Rs. 50 and 5) an extra 15,000 JPMiles on Rs. 150,000 of spend within first 90 days
  • Renewal Bonus: 1) 10,000 JPMiles (worth ~Rs. 4,500), 2) waiver of one-way base fare Economy Class ticket, 3) Rs. 750 voucher for return ticket and 4) 5 JetPrivilege Tier Points

The JetPrivilege HDFC Diners Club is one of the most valuable cards in India. All card charges (except fuel) earn a great 2.4% value back (8 JPMiles per Rs. 150), including on medical bills. As long as you fly Jet Airways, the card's annual fees are easily offset by the welcome and renewal bonuses of 25,000 JPMiles (worth about Rs. 11,250), 2 one-way base fare tickets waived and Rs. 1,500 return ticket waiver. If you're a high-spending consumer, you'll also get an extra 15,000 JPMiles (~Rs. 6,750) after charging Rs. 150,000 in your first 90 days as a cardholder.

Additionally, you'll get an excellent 7.2% back (24 miles per Rs. 150; 1 JPMile = ~Rs. 0.45) on Jet Airways flight purchases, and another 5% off base fare tickets. Regarding perks, the card is one of the few in the market with unlimited lounge access, specifically to the Diners Club network (600+ lounges worldwide). You'll also get domestic airport premiere check-in and extra baggage allowance. Last, you'll receive unlimited free golf games (green fee waiver) at ~20 courses in India and 40 worldwide, as well as unlimited lessons at 14 courses across 9 cities in India. This is a fantastic card first and foremost for flying Jet Airways, and you'll also get good value back on your medical bills.

  • Annual Fee: Rs. 10,000 (first year), Rs. 5,000 (beyond first year)
  • Earn Rate: 8 JPMiles/Rs. 150 spent except fuel; 3X miles & 5% off Jet Airways base fare
  • Est. Point Value: 1 JPMile = ~Rs. 0.45
  • Fuel Surcharge Waiver: Transactions Rs. 400 – 5,000; max Rs. 1,000 waived per month
  • Perks: Unlimited Diners Club Lounge access (600+ lounges globally); unlimited free golf games (green fee waiver) at ~20 courses in India & 40 worldwide; unlimited free golf lessons at 14 courses in India; domestic airport premiere check-in & extra baggage allowance; earn JP Tier Points; dining discounts
  • Annual Fee: Rs. 10,000 (first year), Rs. 5,000 (beyond first year)
  • Earn Rate: 8 JPMiles/Rs. 150 spent except fuel; 3X miles & 5% off Jet Airways base fare
  • Est. Point Value: 1 JPMile = ~Rs. 0.45
  • Fuel Surcharge Waiver: Transactions Rs. 400 – 5,000; max Rs. 1,000 waived per month
  • Perks: Unlimited Diners Club Lounge access (600+ lounges globally); unlimited free golf games (green fee waiver) at ~20 courses in India & 40 worldwide; unlimited free golf lessons at 14 courses in India; domestic airport premiere check-in & extra baggage allowance; earn JP Tier Points; dining discounts

Air India SBI Signature Credit Card

Consider this if you fly Air India

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer
Bonuses
  • Welcome Gift: 20,000 Reward Points (worth about Rs. 9,000)
  • Renewal Bonus: 5,000 Reward Points (worth about Rs. 2,250)
  • Anniversary Bonuses: Spend Rs. 5 lakh for 20,000 points, Rs. 10 lakh for an additional 30,000 points and Rs. 20 lakh for an additional 50,000 points (worth about Rs. 45,000 total)

The Air India SBI Signature Card is the best-in-market for the typical Air India flyer. On all card charges other than Air India bookings, which includes medical bill payments, you'll earn great value back of ~1.8%, (4 points per Rs. 100; 1 point = 1 Air India mile = ~Rs. 0.45). Most of the card's monetary value comes from its bonuses, including its welcome gift worth ~Rs. 9,000 in Air India miles. If you're a very high spender, you'll could also achieve anniversary bonuses of up to ~Rs. 45,000 in value.

On Air India bookings, you'll get top-of-market 13.5% value back for yourself (30 points per Rs. 100 spent), and excellent 4.5% rupee value back (10 points per Rs. 100) booking for others. Of the card's 2 lounge programs, the 8 domestic visits per year with the Visa program is the best. Last, you'll also get tier upgrade benefits for Air India. On the whole, if you fly Air India, get this card as it will give you great travel rewards while providing good value back on your medical bill payments.

  • Annual Fee: Rs. 4,999
  • Earn Rate: 30 points per Rs. 100 spent on Air India for yourself; 10 points per Rs. 100 spent on Air India for others; 4 points per Rs. 100 on all other spend
  • Estimated Point Value: 1 point = 1 Air India mile = Rs. 0.45
  • Fuel Surcharge Waiver: Transactions Rs. 500 – 4,000; max Rs. 250 per month
  • Perks: Visa Domestic Lounge Program (8 free visits/year, max 2/quarter; lounges across 6 major cities), free Priority Pass membership (USD 27 charged/visit), Air India tier upgrade benefits
  • Annual Fee: Rs. 4,999
  • Earn Rate: 30 points per Rs. 100 spent on Air India for yourself; 10 points per Rs. 100 spent on Air India for others; 4 points per Rs. 100 on all other spend
  • Estimated Point Value: 1 point = 1 Air India mile = Rs. 0.45
  • Fuel Surcharge Waiver: Transactions Rs. 500 – 4,000; max Rs. 250 per month
  • Perks: Visa Domestic Lounge Program (8 free visits/year, max 2/quarter; lounges across 6 major cities), free Priority Pass membership (USD 27 charged/visit), Air India tier upgrade benefits
Dan Grossman

Dan is a Senior Research Analyst at ValueChampion India, focusing on credit cards. He holds a B.S. in Mathematics & Economics from the University of Michigan, and previously worked in the financial services industry at Capital One and Moelis & Company.