Head-to-head · 🇮🇳 India
SBI Prime vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
SBI Card
SBI Prime
Wins 3 of 10
IN
Premium
IndusInd Bank
IndusInd Iconia Amex
AMERICAN
EXPRESS
EXPRESS
Wins 3 of 10
Verdict
It's a true tie — neither dominates. Pick the one whose boost categories match where you actually spend.
Side-by-side
| Criterion | SBI Prime | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | · ₹2,999 | No annual fee |
| Joining fee | ₹2,999 | · ₹3,500 |
| Top reward rate | = 5% (shopping) | = 5% (shopping) |
| Base reward rate | · 1.25% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = ₹3,000 e-gift voucher (Aditya Birla / Bata / Pantaloons / Yatra) | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · ₹300,000 / yr | N/A (no fee) |
| Min income | ₹480,000 | · ₹600,000 |
| Min credit score | 750 | · 770 |
| Editorial rating | = 4.2/5 | = 4.2/5 |
Benefits compared
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
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 Prime vs IndusInd Iconia Amex: which is better?
It's a true tie — pick the one whose boost categories match your spend. SBI Prime wins on 3 criteria, IndusInd Iconia Amex on 3.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use SBI Prime 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 Prime: ₹3,000 e-gift voucher (Aditya Birla / Bata / Pantaloons / Yatra). IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.