Comparison guide · India
Icici Amazon Pay vs Sbi Cashback — Which is Better? (2026)
Updated 20 June 2026·8 min read·CardHungry Editorial
Detailed comparison of Icici Amazon Pay and Sbi Cashback. Rewards, fees, approval criteria, and real savings calculator.
ICICI Amazon Pay Credit Card vs SBI Cashback Credit Card — which credit card is better in 2026? This in-depth comparison covers reward rules, monthly caps, exclusions, annual fees, forex costs, eligibility, and net annual value across light, moderate, and heavy spend profiles. No sponsored ranking: every number comes from CardHungry's transparent calculator.
On this page
- At-a-glance table
- Net value by spend
- Reward rules
- Benefits
- ICICI Amazon Pay Credit Card
- SBI Cashback Credit Card
- Exclusions compared
- Who should pick which
- Spend scenarios
- Before you apply
At-a-glance comparison
IssuerICICI BankSBI Card Annual feeLifetime free₹999 Min income₹25,000/mo₹25,000/mo Top reward5%5% Forex markup3.5%3.5% Secured optionNoNo Moderate NAV winnerICICI Amazon Pay Credit Card—Net annual value by spend profile
Light spender net value₹5,250₹231 Moderate spender net value₹10,170-₹189 Heavy spender net value₹22,500-₹1,659Reward rules compared
Reward rule 1online shopping: 5%online shopping: 5% (cap ₹2,000/mo)Reward rule 2online shopping: 2%all: 1% (cap ₹2,000/mo)Reward rule 3all: 1%—Benefits compared
ICICI Amazon Pay Credit Card
- 5% on Amazon for Prime
- 2% on Amazon non-Prime
- Lifetime free
SBI Cashback Credit Card
- 5% online cashback
- 1% on other spends
- Fuel surcharge waiver
ICICI Amazon Pay Credit Card — full breakdown
ICICI Amazon Pay Credit Card
Issuer: ICICI Bank · Tier: Gold · Annual fee: Lifetime free
Amazon native
Eligibility snapshot- Min monthly income (salaried): ₹25,000
- Secured / FD-backed: No — standard unsecured
- Approval note: Indicative only. CIBIL checked by bank at application, not by CardHungry.
- online shopping: 5% cashback (Amazon only)
- online shopping: 2% cashback (Amazon only)
- all: 1% cashback
Headline highlight: 5% on Amazon (Prime)
Net value estimate (moderate spend profile)- Gross annual rewards: ₹10,800
- Annual fee: −₹0
- Forex markup cost (est.): −₹630 (3.5% on international spends)
- Net annual value: ₹10,170 (2.12% effective return)
- 5% on Amazon for Prime
- 2% on Amazon non-Prime
- Lifetime free
Typically excluded or reduced: EMI, Fuel, Rent, Wallet, Jewellery.
Best for: Amazon Prime members · Amazon-heavy shoppers · Lifetime-free seekers
Read full ICICI Amazon Pay Credit Card review with spend simulator →
SBI Cashback Credit Card — full breakdown
SBI Cashback Credit Card
Issuer: SBI Card · Tier: Gold · Annual fee: ₹999
Max cashback on online spends
Eligibility snapshot- Min monthly income (salaried): ₹25,000
- Secured / FD-backed: No — standard unsecured
- Approval note: Indicative only. CIBIL checked by bank at application, not by CardHungry.
- online shopping: 5% cashback — cap ₹2,000/month
- all: 1% cashback — cap ₹2,000/month
Headline highlight: 5% on Online spends (cap ₹2,000/statement cycle)
Net value estimate (moderate spend profile)- Gross annual rewards: ₹1,440
- Annual fee: −₹999
- Forex markup cost (est.): −₹630 (3.5% on international spends)
- Net annual value: -₹189 (-0.04% effective return)
- 5% online cashback
- 1% on other spends
- Fuel surcharge waiver
Typically excluded or reduced: Fuel, Utilities, Insurance, Rent, Wallet loads, EMI.
Best for: Heavy online shoppers · Amazon/Flipkart users · ₹25K+ salaried
Read full SBI Cashback Credit Card review with spend simulator →
Exclusions compared
CommonEMI, Fuel, Rent, WalletFuel, Utilities, Insurance, RentWho should pick which?
- Pick ICICI Amazon Pay Credit Card if your spend pattern aligns with its highest-rate categories and you meet income criteria.
- Pick SBI Cashback Credit Card if its caps, fee structure, or partner merchants match your wallet better.
- Pick neither yet if both net values are under ₹2,000/year on your spends — a third option may win (see quiz).
Spend scenario cheat sheet
- Heavy online shopper: Compare online category rates and caps first.
- Bill-pay heavy: Check utilities and telecom MCC eligibility.
- Travel / forex: Weight forex markup as heavily as reward rate.
- Fee-averse: If both NAV differences are under ₹1,000/yr, choose the free card.
Before you apply
CardHungry never pulls CIBIL. Use our interactive comparison or quiz for a third alternative. One application at a time; wait 3–6 months between rejections.
Interactive comparison
See fees, rewards, and net annual value side-by-side on your spend profile.
Open comparison tool →Recommended cards in this guide
Frequently asked questions
Icici Amazon Pay or Sbi Cashback — which is better?+
Neither wins universally. Compare net annual value on your specific spends using our comparison tool. Icici Amazon Pay may win for one profile; Sbi Cashback for another.
Can I apply for both cards?+
Possible, but multiple applications close together hurt approval odds. Apply to the best fit first; wait 3–6 months for a second card.
Do these cards have joining fees?+
Varies by channel and variant. See each product page on CardHungry for current joining and annual fees before applying.
How often is this comparison updated?+
Reward rates and fees are re-verified against issuer T&Cs periodically. Net value figures use CardHungry's calculator with current rules.
Is there a third card I should consider?+
Often yes. Our quiz surfaces a third option optimised for your income and spends — not just these two.
Related guides
Get a personalized recommendation
Generic lists ignore your income and spends. CardHungry's quiz matches you to the best cards in 2 minutes — no CIBIL pull, zero sales calls.
CardHungry is a third-party recommendation platform, not a bank or credit bureau. Approval estimates are indicative based on public eligibility criteria. Reward calculations use issuer T&Cs and may change. We earn commission if you are approved — at no cost to you.