Which card has the lower annual fee?

ICICI Platinum Chip has a ₹0 annual fee (lifetime free or zero-fee tier).

Which card earns more on moderate spend?

PhonePe SBI Card PURPLE leads with an estimated ₹3,441/yr net annual value on moderate spend.

Which card has the lower income requirement?

ICICI Platinum Chip lists a minimum monthly income of ₹18,000.

Does this comparison pull my credit score?

No. CardHungry estimates net value from public fee and reward rules only — no bureau check.

Side-by-side · honest numbers

ICICI Platinum Chip vs PhonePe SBI Card PURPLE

Honest side-by-side comparison of ICICI Platinum Chip, 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

Customize your spend

Change spend profile or swap cards — results update live below.

Spend assumptions

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

Card 1

ICICI Platinum Chip

ICICI Bank

Card 2

PhonePe SBI Card PURPLE

SBI Card

Your adjusted comparison

Feature	ICICI Bank Platinum Chip 6521 4990 5998 4999 Valid thru 12/28 Acc CREDIT Card holder ICICI PLATINUM CHIP Customer service ICICI Bank · 1800-XXX-XXXX Authorized signature CVV••• ICICI Platinum Chip Top reward: 1 RP/₹150 Annual fee: Lifetime Free Min income: ₹18,000/mo Property of ICICI Bank. If found, return to nearest branch. Not valid unless signed. Tap to flip back ICICI Platinum Chip ICICI Bank	SBI Card PhonePe PURPLE 6521 1041 3255 9156 Valid thru 12/28 Acc CREDIT Card holder PHONEPE SBI CARD PURPL Customer service SBI Card · 1800-XXX-XXXX Authorized signature CVV••• PhonePe SBI Card PURPLE Top reward: 3% Annual fee: ₹499 Min income: ₹25,000/mo Property of SBI Card. If found, return to nearest branch. Not valid unless signed. Tap to flip back PhonePe SBI Card PURPLE SBI Card
Fees & eligibility
Annual fee	Lifetime free	₹499
Fee waiver threshold	Lifetime free	Waived at ₹1,00,000/yr spend
Min income	₹18,000/mo	₹25,000/mo
Secured / FD-backed	Standard	Standard
Rewards
Net annual value (moderate)	-₹36/yr	₹3,441/yr
Online shopping	—	₹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 rate	1 RP/₹150	3%
Primary reward cap	No monthly cap published	₹750 rewards/mo cap
UPI rewards	Not 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 exclusions	EMI · Fuel	Fuel · Wallet top-ups · Rent · EMI · Cash advance
Bonuses
Signup bonus	—	₹500

Stack mode (hold both)

Cap-aware split: ~₹4,260/yr combined NAV (₹819 vs best solo). Both annual fees apply.

ICICI Platinum Chip details →PhonePe SBI Card PURPLE details →

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Reference summary

At a glance (moderate spend)

Quick verdict: On moderate spend, PhonePe SBI Card PURPLE leads ICICI Platinum Chip by about ₹3,477/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

ICICI Platinum Chip vs PhonePe SBI Card PURPLE comparison table
Feature	ICICI Platinum Chip ICICI Bank	PhonePe SBI Card PURPLE SBI Card
Fees & eligibility
Annual fee	Lifetime free	₹499
Fee waiver threshold	Lifetime free	Waived at ₹1,00,000/yr spend
Min income	₹18,000/mo	₹25,000/mo
Secured / FD-backed	Standard	Standard
Rewards
Net annual value (moderate)	-₹36/yr	₹3,441/yr
Online shopping	—	₹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 rate	1 RP/₹150	3%
Primary reward cap	No monthly cap published	₹750 rewards/mo cap
UPI rewards	Not 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 exclusions	EMI · Fuel	Fuel · Wallet top-ups · Rent · EMI · Cash advance
Bonuses
Signup bonus	—	₹500

Frequently asked questions

Which card has the lower annual fee?: ICICI Platinum Chip has a ₹0 annual fee (lifetime free or zero-fee tier).
Which card earns more on moderate spend?: PhonePe SBI Card PURPLE leads with an estimated ₹3,441/yr net annual value on moderate spend.
Which card has the lower income requirement?: ICICI Platinum Chip lists a minimum monthly income of ₹18,000.
Does this comparison pull my credit score?: No. CardHungry estimates net value from public fee and reward rules only — no bureau check.

Customize your spend

Spend assumptions

Your adjusted comparison

At a glance (moderate spend)

Frequently asked questions

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