SBI Air India Signature vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
EXPRESS
IndusInd Iconia Amex wins 5-4. Mid-premium Amex with annual-fee waiver from year 2. SBI Air India Signature is still the right call if air india loyalists — highest miles earn on ai bookings..
Side-by-side
| Criterion | SBI Air India Signature | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | · ₹4,999 | No annual fee |
| Joining fee | · ₹4,999 | ₹3,500 |
| Top reward rate | 8% (travel) | · 5% (shopping) |
| Base reward rate | 2% | · 1.5% |
| Forex markup | 1.99% | · 3.5% |
| Welcome bonus | = 20,000 Air India reward points | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · ₹500,000 / yr | N/A (no fee) |
| Min income | · ₹1,200,000 | ₹600,000 |
| Min credit score | · 780 | 770 |
| Editorial rating | 4.3/5 | · 4.2/5 |
Benefits compared
SBI Air India Signature
- 30 AI reward points per ₹100 on Air India bookings
- 4 reward points per ₹100 on others
- Air India Maharajah Club Silver
- 8 international + 8 domestic lounge visits/year
- Free Air India ticket on ₹5L spend
IndusInd Iconia Amex
- 10 reward points per ₹100 on weekend dining + grocery
- 4 international + 8 domestic lounge visits/year
- Annual fee waived from year 2 (lifetime)
- 1% fuel surcharge waiver
- Buy-1-get-1 BookMyShow
FAQ
›SBI Air India Signature vs IndusInd Iconia Amex: which is better?
IndusInd Iconia Amex wins on more dimensions (5 vs 4). 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 SBI Air India Signature for its best categories, IndusInd Iconia Amex for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
SBI Air India Signature: 20,000 Air India reward points. IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.