SBI CashBack Card vs SBI ELITE vs Axis Magnus
Side-by-side credit card comparison to help you choose the best one.
Our Pick
Axis Magnus
4.9
Why this card wins: Travel & Milestone Rewards — 12 EDGE Reward points per ₹200
| Feature | SBI CashBack Card | SBI ELITE | Axis Magnus |
|---|---|---|---|
| Bank | SBI | SBI | Axis Bank |
| Card Type | Premium Cashback | Super Premium | Super Premium |
| Annual Fee | ₹999 + GST | ₹4,999 + GST | ₹12,500 + GST |
| Joining Fee | ₹999 + GST | ₹4,999 + GST | ₹12,500 + GST |
| Rewards | 5% Cashback on ALL online spends | 2X reward points on dining, movies & grocery | 12 EDGE Reward points per ₹200 |
| Best For | Pure Cashback | Premium Lifestyle | Travel & Milestone Rewards |
| Interest Rate | 3.35% per month (40.20% p.a.) | 3.35% per month (40.20% p.a.) | 3.40% per month (40.80% p.a.) |
| Credit Limit | ₹50,000 - ₹5,00,000 | ₹3,00,000 - ₹15,00,000 | ₹5,00,000 - ₹25,00,000 |
| Welcome Benefit | None | 5000 bonus reward points | 25,000 EDGE Reward points |
| Min Income | ₹30,000/month | ₹60,000/month | ₹1,50,000/month |
| Lounge Access | None | Unlimited domestic + 6 international per year | Unlimited domestic + 8 international (Priority Pass) |
| Fuel Surcharge Waiver | 1% waiver (cap ₹100/month) | 1% waiver on ₹500-₹3,000 txns | 1% waiver on all fuel txns |
| Foreign Txn Fee | 3.5% + GST | 3.5% + GST | 2.0% + GST |
| Add-On Card Fee | ₹499 + GST | Free | Free |
| Rating | 4.5 | 4.6 | 4.9 |
| Contactless | |||
| EMI Conversion |
Key Features
SBI CashBack Card
Pure Cashback
Visa • Premium Cashback
- 1% cashback on offline spends
- Direct cashback credit to statement
- No merchant restrictions for 5% cashback
- Fuel surcharge waiver up to ₹100/month
SBI ELITE
Premium Lifestyle
Mastercard • Super Premium
- Complimentary Trident Privilege membership
- Unlimited domestic lounge visits
- Buy 1 Get 1 on BookMyShow
- Annual fee reversal on ₹10L spend
Our Pick
Axis Magnus
Travel & Milestone Rewards
Visa Infinite • Super Premium
- Unlimited domestic lounge visits & priority pass
- Annual fee waiver on ₹25L annual spend
- VIP meet & greet services at airports
- Luxury hotel and dining benefits
Verdict
Based on rating and overall value, Axis Magnus ranks highest among your selected cards. It excels at Travel & Milestone Rewards and offers 12 EDGE Reward points per ₹200.