HSBC RuPay Platinum Credit Card vs SBI Card MILES PRIME Compared
Which credit card suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero. Data last verified: 11 October 2026.
| Feature |  HSBC RuPay Platinum Credit CardHSBC India1 recent change → |  SBI Card MILES PRIMEState Bank of India4 recent changes → | |
|---|---|---|---|
| Rewards by spend | |||
| Rewards | 1.33% on most spends; 8% only at partner merchants | 0.5% base, up to 1% on travel | |
| UPI payments (scan and pay) | 1.33% | Earns nothing | |
| Online shopping | 1.33% | 0.5% | |
| Dining and food delivery | 1.33% | 0.5% | |
| Groceries | 1.33% | 0.5% | |
| Travel: flights, hotels, trains | 1.33%; 8% only at HSBC Travel with Points · hotels; 5.33% only at HSBC Travel with Points · flights | 1% | |
| Fuelsame | Earns nothing | Earns nothing | |
| Bills and rechargessame | Earns nothing | Earns nothing | |
| Rentsame | Earns nothing | Earns nothing | |
| Insurance premiumssame | Earns nothing | Earns nothing | |
| School and college feessame | Earns nothing | Earns nothing | |
| Wallet top-upssame | Earns nothing | Earns nothing | |
| Taxes and government payments | Earns nothing | Not stated | |
| Spend abroad or in a foreign currency | 1.33% | 0.5% | |
| Everything else | 1.33% | 0.5% | |
| Card identity | |||
| Card typesame | Travel | Travel | |
| Network | RuPay | Mastercard | |
| Card tier | Entry | Premium | |
| Fees | |||
| Joining fee | Free | ₹2,999 + GST | |
| Annual fee | Free | ₹2,999 + GST | |
| Lifetime free | Yes | No | |
| Fee waived at | - | ₹10,00,000 | |
| Eligibility | |||
| Min age | 18 years | 21 years | |
| Max age | 65 years | 70 years | |
| Employment typesame | BOTH | BOTH | |
| Min monthly salary | ₹50,000 | - | |
| Rewards | |||
| Reward type | Reward points | Air miles | |
| Point valuesame | ₹1 | ₹1 | |
| Fuel surcharge | |||
| Fuel surcharge waiver | No | Yes | |
| Fuel waiver capsame | ₹250 | ₹250 | |
| Lounge access | |||
| Domestic lounge visits | - | 8 | |
| International lounge visits | - | 4 | |
| Lounge programme | - | PRIORITY_PASS | |
| Priority Pass | No | Yes | |
| Lounge condition | - | 8 domestic airport lounge visits/year (max 2/quarter) plus Priority Pass with 4 international visits/year. 1 extra domestic visit per ₹1 lakh spend, capped at 12/year. Priority Pass free for first 2 years | |
| Forex and international | |||
| Forex markup | 3.5% | 2.5% | |
| UPI rewards | |||
| Works on UPI | Yes | No | |
| Interest and charges | |||
| Interest rate (monthly)same | 3.75% | 3.75% | |
| Interest rate (annual)same | 45% | 45% | |
| Page content | |||
| Documents needed | PAN card Aadhaar / address proof Income proof (salary slips or ITR) | PAN card Aadhaar / address proof Income proof (salary slips or ITR) Recent passport-size photograph | |
| Apply | Apply Now | Apply Now | |
Worth in Rupees at ₹20,000 a Month
- Rewards a year
- ₹3,192
- Fee a year
- ₹0
- You keep
- ₹3,192
- Rewards a year
- ₹1,500
- Fee a year
- - ₹3,539
- You keep
- - ₹2,039
At this spend, HSBC RuPay Platinum Credit Card comes out ₹5,231 a year ahead of SBI Card MILES PRIME. Worked out from each card's published reward rate, caps and fee, on ₹20,000 a month. Your own spend changes the answer: try the rewards calculator.
Best For
- Travel only at HSBC Travel with Points · hotels: 8% back, up to ₹18,000 a month
- Travel only at HSBC Travel with Points · flights: 5.33% back, up to ₹18,000 a month
- Anyone who wants no annual fee, ever
- Frequent flyers
- People who spend heavily on travel
- Travellers who want Priority Pass access
Watch-Outs
- Skip it if most of your spending is fuel, utility bills, rent or insurance: those earn nothing on this card
- Skip it if you rarely spend on HSBC Travel with Points · hotels: the 8% rate applies only there, everything else earns 1.33%
- Skip it if you often pay in foreign currency: 3.5% is added to every foreign spend
- Skip it if you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward
- Fee waiver needs Rs 10 lakh a year, which most people will not reach
- Base return of about 0.5% is low
- Credits are worth the most only when redeemed for travel
Card data sourced via CardAdvisor.in (HSBC RuPay Platinum Credit Card, SBI Card MILES PRIME), India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Questions People Ask
Which has the lower annual fee, HSBC RuPay Platinum Credit Card or SBI Card MILES PRIME?
HSBC RuPay Platinum Credit Card. HSBC RuPay Platinum Credit Card: no annual fee; SBI Card MILES PRIME: ₹2,999. Check whether a spend-based waiver applies before you decide.
Which is better for spending abroad?
SBI Card MILES PRIME has the lowest forex markup. SBI Card MILES PRIME: 2.5%; HSBC RuPay Platinum Credit Card: 3.5%. The markup is charged on every foreign-currency transaction, before GST.
Which earns more on everyday spending?
On spends outside any bonus category: HSBC RuPay Platinum Credit Card 1.33%, SBI Card MILES PRIME 0.5%. Bonus categories, rates limited to named merchants and monthly caps change the picture, so compare the rewards by spend too.
Can I hold more than one of these cards?
Usually yes, if each bank approves you. Many people keep one card for everyday spending and another for a specific use such as travel. Each application is a separate credit check.
Work Out the Numbers
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Guides in Plain Words
Short reads that explain how it works before you decide.
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