SBI Card CASHBACK SBI Card vs ICICI Bank Amazon Pay ICICI Bank vs HDFC Bank Millennia

Side-by-side for the example profile – edit spend and travel needs to make it yours.

Recommendation for Typical Indian cardholder (₹32k/month)

SBI Card CASHBACK SBI Card scores highest (55/100) with ₹8,834 recurring net savings a year.

Edit your spend and travel needs above – scores, savings and this verdict update instantly. Estimates for Typical Indian cardholder (₹32k/month) example profile · bills paid in full · first-year offers shown separately.

Card
SBI Card CASHBACK SBI Card credit cardSBI CardCASHBACK SBI Card
ICICI Bank Amazon Pay ICICI Bank credit cardICICI BankAmazon Pay ICICI BankAmazon Pay
HDFC Bank Millennia credit cardHDFC BankMillennia
Overview
Personal score
5555/100
BEST
4343/100
4646/100
Recurring net savings₹8,834/yr BEST₹4,742/yr₹6,626/yr
Effective savings rate2.7% BEST1.5%2.0%
Annual fee incl. GSTWaived ₹1,179Free for lifeWaived ₹1,180
Usable lounge visits
✈ none
you can use 0
✈ none
you can use 0
✈ none
you can use 0
Why it fits✓ 5% on all online spends (₹5,000/month cap) earns you about ₹7,560 a…✓ Base rate 1% on other spends earns you about ₹2,006 a year on…✓ 5% on Amazon, Flipkart, Myntra, Swiggy, Zomato, Uber, BookMyShow, Tata…
Main drawback! No usable lounge access although you asked for it.! No usable lounge access although you asked for it.! Lounge access needs ₹1,00,000 spend per quarter – your spend does not…
Rewards on your spend
Groceries & quick-commerce (₹72,000/yr)₹432 0.6%₹432 0.6%₹432 0.6%
Dining & food delivery (₹48,000/yr)₹1,766 3.7% BEST₹590 1.2%₹1,766 3.7% BEST
Online shopping (₹72,000/yr)₹3,600 5.0% BEST₹1,728 2.4%₹2,736 3.8%
Fuel (₹36,000/yr)₹0 0.0%₹0 0.0%₹0 0.0%
Cabs & commute (₹18,000/yr)₹108 0.6%₹108 0.6%₹108 0.6%
Bills & utilities (₹30,000/yr)₹0 0.0%₹600 2.0% BEST₹300 1.0%
Flights (₹24,000/yr)₹1,200 5.0% BEST₹240 1.0%₹240 1.0%
Hotels (₹12,000/yr)₹600 5.0% BEST₹120 1.0%₹120 1.0%
Movies & OTT (₹9,600/yr)₹480 5.0% BEST₹96 1.0%₹96 1.0%
Insurance premiums (₹18,000/yr)₹0 0.0%₹180 1.0% BEST₹180 1.0% BEST
Everything else (₹48,000/yr)₹288 0.6%₹288 0.6%₹288 0.6%
Base earn rate1%1%1%
Accelerated categories
1 rule
  • 5% on all online spends (₹5,000/month cap) – 5.0%, cap ₹5,000/mo
4 rules
  • 5% on Amazon.in (Prime members; 3% without Prime) – 5.0%
  • 2% at 100+ Amazon Pay partner merchants (Swiggy, Uber, BookMyShow…) – 2.0%
  • 2% on bills & recharges via Amazon Pay – 2.0%
  • 1% on insurance – 1.0%
2 rules
  • 5% on Amazon, Flipkart, Myntra, Swiggy, Zomato, Uber, BookMyShow, Tata CLiQ, Cult.fit, Sony LIV – 5.0%, cap ₹1,000/mo
  • 1% on other spends (capped 1,000 CP/mo) – 1.0%, cap ₹1,000/mo
Excluded categoriesfuel, rent, utilities, insurance, educationfuel, rent, educationfuel, rent
Caps hit for your spendNoneNoneNone
MilestonesNoneNone
  • ◻︎ ₹1,000 gift voucher on ₹1L quarterly spend
UPI rewards (RuPay)Not UPI-enabledNot UPI-enabledNot UPI-enabled
Fees & first year
Joining fee₹999 + GST₹0 + GST₹1,000 + GST
Fee waiverOn ₹2,00,000 annual spendLifetime freeOn ₹1,00,000 annual spend
Renewal benefitNoneNoneNone
Welcome benefit (first year only)None₹2,000 Amazon Pay welcome rewards (Prime)
≈ ₹2,000		1,000 CashPoints on joining-fee payment
≈ ₹1,000
First-year value (separate)₹7,656 BEST₹6,742₹6,446
Travel
Domestic lounge entitlementNoneNone2 per quarter
International lounge entitlementNoneNoneNone
Lounge conditionNoneNone₹1,00,000 per quarter – not met
Forex markup3.5%3.5%3.5%
Redemption & simplicity
Reward currencyCashback · ₹1/unitAmazon Pay balance · ₹1/unitCashPoints · ₹1/unit
How to redeem
DetailsAuto-credited to statement within two days of statement generation.
DetailsCredited as Amazon Pay balance – spendable on Amazon, bills, flights, stores.
Details1 CP = ₹1 as statement credit (min 500 CP); ₹0.30 on SmartBuy flights.
Redemption flexibility★★★★★ BEST★★★★★ BEST★★★★☆
Simplicity★★★★★ BEST★★★★★ BEST★★★★☆
Lifestyle
Benefits you asked forfuel waiverfuel waiverfuel waiver
All lifestyle perksfuel waiverfuel waiverfuel waiver
EligibilityIncome ₹3L+/yr; salaried preferredIncome ₹3L+/yr; instant issuance for many Amazon usersIncome ₹6L+/yr or ₹35k+/month salary
Score breakdown
Net savings rate45/100 × 55% = 24.824/100 × 55% = 13.334/100 × 55% = 18.6
Usable lounge access0/100 × 15% = 0.00/100 × 15% = 0.00/100 × 15% = 0.0
Redemption flexibility100/100 × 10% = 10.0100/100 × 10% = 10.080/100 × 10% = 8.0
Lifestyle fit100/100 × 10% = 10.0100/100 × 10% = 10.0100/100 × 10% = 10.0
Simplicity100/100 × 5% = 5.0100/100 × 5% = 5.080/100 × 5% = 4.0
Fee safety100/100 × 5% = 5.0100/100 × 5% = 5.0100/100 × 5% = 5.0
Sources
Official sourceSBI Card – CASHBACK SBI CardICICI Bank – Amazon Pay Credit CardHDFC Bank – Millennia
Last reviewed2026-09-122026-09-122026-09-12

Frequently asked questions

Which is better: CASHBACK SBI Card or Amazon Pay ICICI Bank or Millennia?

For the example profile, SBI Card CASHBACK SBI Card scores highest (55/100, ₹8,834 recurring net savings). The answer changes with your spend mix, lounge needs and fee comfort – edit the profile on this page.

Which has the lower annual fee?

CASHBACK SBI Card: ₹1,179 incl. GST; Amazon Pay ICICI Bank: lifetime free; Millennia: ₹1,180 incl. GST.