Amazon Pay ICICI Bank vs SBI Cashback
Amazon Pay ICICI Bank is easier to justify if you prefer the lower listed annual fee (Rs 0). SBI Cashback is easier to justify if 5% cashback on online spends, auto-credited with no points to manage.
Choose Amazon Pay ICICI Bank if...
- You prefer the lower listed annual fee (Rs 0).
- You value the lower listed forex markup (1.99%).
- 5% cashback on amazon.in (prime members), auto-credited with no points to manage.
Choose SBI Cashback if...
- 5% cashback on online spends, auto-credited with no points to manage.
Fees, rewards and benefits compared
| Feature | Amazon Pay ICICI Bank Credit Card | SBI Cashback Credit Card |
|---|---|---|
| Issuer | ICICI Bank | SBI Card |
| Network | Visa | Visa, Mastercard |
| Joining fee | Rs 0 | Rs 999 |
| Annual fee | Rs 0 | Rs 999 |
| Fee waiver spend | Not clearly available in our current data. | Rs 2 lakh |
| Best use case | Best for simple cashback | Best for simple cashback |
| Reward type | cashback | cashback |
| Top rewards | Amazon.in (Prime members): 5% cashback; Amazon.in (Non-Prime members): 3% cashback; Amazon Pay partner merchants: 2% cashback | Online spends: 5% cashback; Offline spends: 1% cashback |
| Domestic lounge | 0 per year | 0 per year |
| International lounge | 0 per year | 0 per year |
| Forex markup | 1.99% | 3.5% |
| Milestone benefits | Not clearly available in our current data. | Not clearly available in our current data. |
| Redemption | Not clearly available in our current data. | Not clearly available in our current data. |
| Key exclusions | fuel; rent transactions; gold, silver, and precious metals; tax-related payments; education transactions | utilities; insurance; fuel; rent; wallet loads |
Rewards comparison
Amazon Pay ICICI Bank Credit Card: 5% cashback on amazon.in (prime members), auto-credited with no points to manage.
SBI Cashback Credit Card: 5% cashback on online spends, auto-credited with no points to manage.
Lounge access comparison
Use the side-by-side table above for domestic and international lounge counts from the current card data.
Forex and international travel comparison
Amazon Pay ICICI Bank lists a 1.99% forex markup. SBI Cashback lists a 3.5% forex markup. Check issuer terms before using either card for large international spends.
Exclusions and limitations
Review the exclusions row carefully. Reward caps, merchant restrictions, and excluded spends can materially change real value.
Final recommendation
Start with Amazon Pay ICICI Bank if fee recovery is your first filter. Consider Amazon Pay ICICI Bank if listed lounge access matters more, and Amazon Pay ICICI Bank if forex markup is a key part of your travel spends. Verify issuer terms before applying.
Common questions
Which card has the lower annual fee: Amazon Pay ICICI Bank or SBI Cashback?
Amazon Pay ICICI Bank lists the lower annual fee in our current data.
Which card is better for lounge access?
Both cards show similar total lounge access in our current data. Check domestic, international, guest, and spend-condition details before deciding.
Which card has lower forex markup?
Amazon Pay ICICI Bank lists the lower forex markup in our current data.
Do affiliate links affect this comparison?
No. The comparison uses existing card data. Apply links may be affiliate links, but they do not change the displayed fees, rewards, or limitations.
What should I verify before applying?
Check issuer terms for latest fees, eligibility, reward caps, lounge rules, exclusions, and redemption options before applying.
Affiliate disclosure: Apply links may be affiliate links. We may earn a commission if you apply and are approved, but this comparison uses existing card data and does not change affiliate or apply link behavior.
Last updated: June 2026