Head-to-head · 🇮🇳 India
SBI Cashback vs ICICI HPCL Coral
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
SBI Card
SBI Cashback
VISA
Wins 1 of 10
IN
ICICI Bank
ICICI HPCL Coral
VISA
Wins 5 of 10
Verdict
ICICI HPCL Coral wins 5-1. Fuel-heavy spenders at HPCL pumps. SBI Cashback is still the right call if pure online cashback — 5% on any online merchant, no partner restrictions..
Side-by-side
| Criterion | SBI Cashback | ICICI HPCL Coral |
|---|---|---|
| Annual fee | · ₹999 | ₹199 |
| Joining fee | · ₹999 | ₹199 |
| Top reward rate | = 5% (shopping) | = 5% (fuel) |
| Base reward rate | = 1% | = 1% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = Cashback offsets joining fee on first ₹999+ spend | = 2,000 PAYBACK points on first transaction |
| Fee waiver threshold | · ₹200,000 / yr | ₹50,000 / yr |
| Min income | · ₹360,000 | ₹250,000 |
| Min credit score | · 750 | 720 |
| Editorial rating | 4.6/5 | · 4/5 |
Benefits compared
SBI Cashback
- 5% cashback on ALL online spends (not just listed merchants) — capped ₹5,000/month
- 1% cashback on offline spends
- Auto-credited within 2 days of statement
- 1% fuel surcharge waiver
ICICI HPCL Coral
- 5% cashback on HPCL fuel
- 4% on grocery + dining
- 2.5% on utility bills via DragonPass
- 1% fuel surcharge waiver
- 2 domestic lounge visits/year
FAQ
›SBI Cashback vs ICICI HPCL Coral: which is better?
ICICI HPCL Coral wins on more dimensions (5 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 SBI Cashback for online shopping, ICICI HPCL Coral for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
SBI Cashback: Cashback offsets joining fee on first ₹999+ spend. ICICI HPCL Coral: 2,000 PAYBACK points on first transaction.