facebookHow to use cardup and credit cards for insurance payments? What are the types of insurance payments that I can use with cardup? - Seedly

Peh Zhuoming

22 Mar 2022

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Credit Cards

How to use cardup and credit cards for insurance payments? What are the types of insurance payments that I can use with cardup?

Came across CardUp recently while trying to get my first credit card. Currently have life insurance plans from AIA, accident, hospitalization and endowment plans from great eastern. Which are the plans that I will be able to use for CardUp to benefit from my cashback rewards?

Discussion (2)

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Ristrettz

28 Apr 2022

Life Journey at Founder

I believe that you can use Cardup or ipaymy for all types AIA insurance but do check with them for confirmation. Usually you need to upload the payment info and details for them to transaction for you.

Kenneth Lou

28 Mar 2022

Co-founder at Seedly

Hey! recently i also used such a service (CITI Payall) which acts in a similar way.

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Basically here's how they work:

  • You indicate the bank account of what you want to transfer to (basically they currently don't accept card payments)
  • Usually there is a 1.5 to 2% fee that these services charge
  • This becomes an online spend and you get to earn rewards on it (be it cashback or points or miles)
  • That's about it!

You can use it for:

  • Income tax, property tax
  • Rental to bank accounts
  • Insurance payments (GIRO)

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