HSBC Premier vs SBI Card PRIME

Full side-by-side comparison based on verified card data. Updated April 2026.

Quick Verdict

SBI Card PRIME wins 5 of 8 dimensions with a CardTrail Score of 8.6/10 vs 8.2/10.

Feature HSBC Premier SBI Card PRIME
CardTrail Score 8.2/10 8.6/10
Annual Fee ₹20,000 ₹2,999
Base Reward Rate 3% 0.5%
Max Reward Rate 3% 5%
Forex Markup 0.99% 3.5%
Domestic Lounges -1 8
International Lounges -1 4
Fuel Surcharge Waiver Yes Yes
Network Visa Signature Visa Signature

When to Choose HSBC Premier

  • You can meet the fee waiver condition: HSBC Premier account
  • You travel internationally — saves ₹2,510/year on ₹1L forex spend
  • Your primary spend is: travel, dining

When to Choose SBI Card PRIME

  • You can meet the fee waiver condition: Spend ₹3L/year
  • You want higher rewards — up to 5% vs 3%
  • Airport lounge access matters — 8 domestic visits
  • Your primary spend is: travel, dining, entertainment

Forex Cost Comparison

On ₹1,00,000 annual international spending: HSBC Premier costs ₹1,168 in forex fees vs SBI Card PRIME at ₹4,130. You save ₹2,962/year with HSBC Premier.

Annual Fee Value Analysis

To break even on HSBC Premier's ₹20,000 fee at 3% rewards, spend ₹55,556/month.

To break even on SBI Card PRIME's ₹2,999 fee at 0.5% rewards, spend ₹49,983/month.