Head-to-head · 🇮🇳 India
HDFC MoneyBack+ vs SBI Prime
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
HDFC Bank
HDFC MoneyBack+
VISA
Wins 6 of 10
IN
SBI Card
SBI Prime
Wins 1 of 10
Verdict
HDFC MoneyBack+ wins 6-1. Entry-level cashback with very low waiver bar. SBI Prime is still the right call if step up from simplyclick with lounge access..
Side-by-side
| Criterion | HDFC MoneyBack+ | SBI Prime |
|---|---|---|
| Annual fee | ₹500 | · ₹2,999 |
| Joining fee | ₹500 | · ₹2,999 |
| Top reward rate | = 5% (shopping) | = 5% (shopping) |
| Base reward rate | 2% | · 1.25% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 500 CashPoints on first transaction | = ₹3,000 e-gift voucher (Aditya Birla / Bata / Pantaloons / Yatra) |
| Fee waiver threshold | ₹50,000 / yr | · ₹300,000 / yr |
| Min income | ₹240,000 | · ₹480,000 |
| Min credit score | 720 | · 750 |
| Editorial rating | · 4.1/5 | 4.2/5 |
Benefits compared
HDFC MoneyBack+
- 5% on Amazon, Flipkart, Big Basket, Reliance Smart Bazaar (capped ₹1K/month)
- 2% on EMI transactions
- 1 fuel surcharge waiver
- Quarterly milestone vouchers
SBI Prime
- 10x reward points on dining + grocery + departmental + movies
- 5x on utility bill payments
- 8 domestic + 4 international lounge visits/year
- Club Vistara Silver + Trident Privilege Red
FAQ
›HDFC MoneyBack+ vs SBI Prime: which is better?
HDFC MoneyBack+ wins on more dimensions (6 vs 1). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use HDFC MoneyBack+ for its best categories, SBI Prime for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
HDFC MoneyBack+: 500 CashPoints on first transaction. SBI Prime: ₹3,000 e-gift voucher (Aditya Birla / Bata / Pantaloons / Yatra).