SBI Card MILES
Rs 1,499Annual fee
Rs 6,00,000Fee waiver spend
4Domestic lounge
Domestic lounge conditions
- 4 complimentary domestic airport lounge visits per calendar year (limited to 1 visit per quarter).
- 1 additional domestic lounge visit on every Rs 1 lakh spend, up to 8 additional visits per year.
- Complimentary Priority Pass membership for the first 2 years, with no complimentary visits (all visits are charged at standard Priority Pass rates).
3.5%Forex markup
Best for
travel, air miles, hotel points, domestic lounge
Top rewards
Travel spends: 2 Travel Credits / Rs 200 spent; Other eligible spends: 1 Travel Credit / Rs 200 spent
HSBC TravelOne Credit Card
Rs 4,999Annual fee
Rs 8,00,000Fee waiver spend
6Domestic lounge
3.5%Forex markup
Best for
travel, airlines, hotels, lounge, miles
Top rewards
Hotels via HSBC: Up to 24 Reward Points / Rs 100; Flights via HSBC: Up to 16 Reward Points / Rs 100; Car rentals via HSBC: Up to 8 Reward Points / Rs 100
| Feature | SBI Card MILES | HSBC TravelOne Credit Card |
|---|---|---|
| Issuer | SBI Card | HSBC Bank |
| Network | Mastercard, RuPay | Mastercard |
| Joining fee | Rs 1,499 | Rs 4,999 |
| Annual fee | Rs 1,499 | Rs 4,999 |
| Fee waiver spend | Rs 6,00,000 | Rs 8,00,000 |
| Reward type | Travel Credits | reward points |
| Best for | travel, air miles, hotel points, domestic lounge | travel, airlines, hotels, lounge, miles |
| Top reward categories | Travel spends: 2 Travel Credits / Rs 200 spent; Other eligible spends: 1 Travel Credit / Rs 200 spent | Hotels via HSBC: Up to 24 Reward Points / Rs 100; Flights via HSBC: Up to 16 Reward Points / Rs 100; Car rentals via HSBC: Up to 8 Reward Points / Rs 100 |
| SmartBuy / accelerated caps | Not listed | Not listed |
| Domestic lounge | 4 | 6 |
| International lounge | 0 | 4 |
| Forex markup | 3.5% | 3.5% |
| Milestone benefits | 5,000 bonus Travel Credits on annual spends of Rs 5 lakh | 10,000 bonus reward points on annual spends above Rs 12 lakh |
| Redemption | SmartBuy travel: upto Rs 0.5 per point; Air miles: upto Rs 1 per point; Statement credit: upto Rs 0.25 per point | Air miles: upto Rs 1 per point |
| Key exclusions | fuel, wallet loading, rent, education, cash withdrawal, cash advance | Utilities, Fuel, Tax payments, Real estate and property managers, Non-financial institutions, Money transfers |