SBI Card MILES ELITE
Rs 4,999Annual fee
Rs 15,00,000Fee waiver spend
8Domestic lounge
Domestic lounge conditions
- 8 complimentary domestic airport lounge visits every year, capped at 2 visits per quarter.
- 1 additional domestic airport lounge visit is unlocked on every Rs 1 lakh spend, capped at 15 additional visits per year, taking the total annual domestic lounge access up to 23 visits.
- Complimentary Priority Pass membership worth $99 is provided for the first 2 years.
- 6 complimentary international airport lounge visits every year, capped at 2 visits per quarter.
1.99%Forex markup
Best for
travel, air miles, hotel points, domestic lounge, international lounge, low forex
Top rewards
Travel spends: 6 Travel Credits / Rs 200 spent; Other eligible spends: 2 Travel Credits / 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 ELITE | HSBC TravelOne Credit Card |
|---|---|---|
| Issuer | SBI Card | HSBC Bank |
| Network | Mastercard, RuPay | Mastercard |
| Joining fee | Rs 4,999 | Rs 4,999 |
| Annual fee | Rs 4,999 | Rs 4,999 |
| Fee waiver spend | Rs 15,00,000 | Rs 8,00,000 |
| Reward type | Travel Credits | reward points |
| Best for | travel, air miles, hotel points, domestic lounge, international lounge, low forex | travel, airlines, hotels, lounge, miles |
| Top reward categories | Travel spends: 6 Travel Credits / Rs 200 spent; Other eligible spends: 2 Travel Credits / 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 | 8 | 6 |
| International lounge | 6 | 4 |
| Forex markup | 1.99% | 3.5% |
| Milestone benefits | 20,000 bonus Travel Credits on annual spends of Rs 12 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, utilities, insurance, rent, wallet loading, school and education services | Utilities, Fuel, Tax payments, Real estate and property managers, Non-financial institutions, Money transfers |