Head-to-head · 🇮🇳 India
SBI Pulse vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
SBI Card
SBI Pulse
Wins 3 of 10
IN
Premium
IndusInd Bank
IndusInd Iconia Amex
AMERICAN
EXPRESS
EXPRESS
Wins 5 of 10
Verdict
IndusInd Iconia Amex wins 5-3. Mid-premium Amex with annual-fee waiver from year 2. SBI Pulse is still the right call if health/fitness focused — smartwatch + wellness benefits..
Side-by-side
| Criterion | SBI Pulse | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | · ₹1,499 | No annual fee |
| Joining fee | ₹1,499 | · ₹3,500 |
| Top reward rate | · 1% (general) | 5% (shopping) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = Noise smartwatch on activation + 5,000 reward points | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · ₹200,000 / yr | N/A (no fee) |
| Min income | ₹360,000 | · ₹600,000 |
| Min credit score | 740 | · 770 |
| Editorial rating | · 3.9/5 | 4.2/5 |
Benefits compared
SBI Pulse
- Free Noise ColorFit Pulse 2 smartwatch
- 4 reward points per ₹100 on chemists, dining, movies
- 4 domestic lounge visits/year
- 1-year FITPASS PRO membership
- Cult.fit + 1mg discount partnerships
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 Pulse vs IndusInd Iconia Amex: which is better?
IndusInd Iconia Amex wins on more dimensions (5 vs 3). 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 Pulse 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 Pulse: Noise smartwatch on activation + 5,000 reward points. IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.