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American Express SmartEarn Credit Card vs PhonePe SBI Card PURPLE

Honest side-by-side comparison of American Express SmartEarn Credit Card, PhonePe SBI Card PURPLE — annual fees, reward rates, income eligibility, and estimated net annual value on the same spend profile.

Same spend profile for all cards. How we calculate net annual value

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Spend assumptions

All cards use the same monthly spend profile. Saved spends from the quiz or a card page load automatically.

American Express SmartEarn Credit Card

American Express

PhonePe SBI Card PURPLE

SBI Card

Your adjusted comparison

Feature
American Express SmartEarn Credit Card

American Express SmartEarn Credit Card

American Express

PhonePe SBI Card PURPLE credit card

PhonePe SBI Card PURPLE

SBI Card

Fees & eligibility
Annual fee₹495₹499
Fee waiver thresholdWaived at ₹40,000/yr spendWaived at ₹1,00,000/yr spend
Min income₹25,000/mo₹25,000/mo
Secured / FD-backedStandardStandard
Rewards
Net annual value (moderate)₹5,880/yr₹3,441/yr
Online shopping₹8,000 → 1,600 pts/mo × ₹0.25/pt = ₹400/mo (₹4,800/yr) · issuer max ₹500/mo₹8,000 × 2% = ₹160/mo (₹1,920/yr) · issuer max ₹750/mo
Utilities & bills—₹1,225 × 3% = ₹36.75/mo (₹441/yr) · issuer max ₹750/mo
Top reward rate10X Membership Rewards3%
Primary reward cap₹500 rewards/mo cap₹750 rewards/mo cap
UPI rewardsNot supported (Visa/MC)Earns: 3% on PhonePe app spends (1% base on other UPI apps) · cap 250 pts/mo insurance + 750 pts/mo other PhonePe spends
Key exclusionsFuel · Insurance · Utilities · EMI · RentFuel · Wallet top-ups · Rent · EMI · Cash advance
Bonuses
Signup bonus—₹500

Stack mode (hold both)

Cap-aware split: ~₹7,140/yr combined NAV (₹1,260 vs best solo). Both annual fees apply.

American Express SmartEarn Credit Card details →PhonePe SBI Card PURPLE details →

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Reference summary

At a glance (moderate spend)

Quick verdict: On moderate spend, American Express SmartEarn Credit Card leads PhonePe SBI Card PURPLE by about ₹2,439/yr in estimated net value.

Spend assumptions for this table

Moderate user spend profile · ₹31,000/mo

₹31,000/month total spend — typical India user

Online ₹8,000 · Groceries ₹5,000 · Other ₹4,000 · Dining ₹3,500 · Bills ₹3,500

American Express SmartEarn Credit Card vs PhonePe SBI Card PURPLE comparison table
FeatureAmerican Express SmartEarn Credit Card

American Express

PhonePe SBI Card PURPLE

SBI Card

Fees & eligibility
Annual fee₹495₹499
Fee waiver thresholdWaived at ₹40,000/yr spendWaived at ₹1,00,000/yr spend
Min income₹25,000/mo₹25,000/mo
Secured / FD-backedStandardStandard
Rewards
Net annual value (moderate)₹5,880/yr₹3,441/yr
Online shopping₹8,000 → 1,600 pts/mo × ₹0.25/pt = ₹400/mo (₹4,800/yr) · issuer max ₹500/mo₹8,000 × 2% = ₹160/mo (₹1,920/yr) · issuer max ₹750/mo
Utilities & bills—₹1,225 × 3% = ₹36.75/mo (₹441/yr) · issuer max ₹750/mo
Top reward rate10X Membership Rewards3%
Primary reward cap₹500 rewards/mo cap₹750 rewards/mo cap
UPI rewardsNot supported (Visa/MC)Earns: 3% on PhonePe app spends (1% base on other UPI apps) · cap 250 pts/mo insurance + 750 pts/mo other PhonePe spends
Key exclusionsFuel · Insurance · Utilities · EMI · RentFuel · Wallet top-ups · Rent · EMI · Cash advance
Bonuses
Signup bonus—₹500

Frequently asked questions

Which card has the lower annual fee?
American Express SmartEarn Credit Card has the lowest annual fee at ₹495.
Which card earns more on moderate spend?
American Express SmartEarn Credit Card leads with an estimated ₹5,880/yr net annual value on moderate spend.
Which card has the lower income requirement?
American Express SmartEarn Credit Card lists a minimum monthly income of ₹25,000.
Does this comparison pull my credit score?
No. CardHungry estimates net value from public fee and reward rules only — no bureau check.

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