Tata Neu Infinity HDFC Bank vs Amazon Pay ICICI Bank
Tata Neu Infinity HDFC Bank by ₹5,100 a year at ₹75,000 a month
CASHBACK SBI Card vs Amazon Pay ICICI Bank
Amazon Pay ICICI Bank vs CASHBACK SBI Card: which should you pick?
The two cards every 'first cashback card' thread names, and the caps decide it. CASHBACK SBI pays 5% online at any merchant but stops at ₹2,000 of cashback a statement cycle online and ₹4,000 in all; Amazon Pay ICICI pays 5% only on Amazon.in for Prime members, 1% almost everywhere else, with no cap at all. The page's value model scores the two level up to ₹2.25L a month and puts Amazon Pay ICICI ahead from ₹2.5L, once SBI's caps bind. ICICI is lifetime free and charges 1.99% abroad; SBI charges ₹999 waived at ₹2,00,000 of spend, and 3.5%. Neither has a lounge — and ICICI calls the Amazon card an invite-only programme.
Amazon Pay ICICI Bank is ahead of CASHBACK SBI Card at 11 of the 20 spends we test between ₹25,000 and ₹5 lakh a month and level at the rest; its lead is widest at ₹5 lakh a month, at ₹26,400 a year. On the rows below, CASHBACK SBI Card has no clear edge over Amazon Pay ICICI Bank. Amazon Pay ICICI Bank is by invitation only; CASHBACK SBI Card is the one you can apply for directly.
CASHBACK SBI Card's ongoing earn stops at ₹2,00,000 of spend a month, where Amazon Pay ICICI Bank's doesn't.
Side by side
| Fact | CASHBACK SBI Card | Amazon Pay ICICI Bank |
|---|---|---|
| Can you get it | Open to apply✓ Better | By invitation only |
| Fee (joining · annual, + GST) | ₹999/yr | ₹0 — lifetime free✓ Better |
| Fee waiver | Spend ₹2,00,000 a year | None |
| Reward rate on everyday spend | 1.0% | 1.0% |
| Points | SBI Card Cashback | Amazon Pay balance |
| Our value per point | ₹1.00 † | ₹1.00 |
| Transfer partners | None | None |
| Lounges it gets you into | 0 of 792 | 0 of 792 |
| Forex markup | 3.5% | 1.99% + GST✓ Better |
| Welcome benefit | Not published — SBI lists no welcome or activation benefit for this card on the product record or in the T&C e-kit | not published |
✓ Better marks the side that wins a row; rows that compare unlike things are not scored. Amazon Pay ICICI Bank is ahead on 5 of the 6 rows we can call.
More facts 8 rows
| Fact | CASHBACK SBI Card | Amazon Pay ICICI Bank |
|---|---|---|
| Our rank | #156 | Not ranked (invite-only) |
| Our verdict | Keep | Keep |
| Lounge visits in India | None — the card is on neither Set A nor Set B of SBI's eligible-card lists | None |
| Lounge visits abroad | None published | None |
| Forex, in the bank’s words | 3.5% of the transaction amount, plus a 3.5% dynamic-currency-conversion fee; CASHBACK is in none of the MITC's reduced-markup exceptions (AURUM, Elite, Prime NRI secured, Tata Neu Infinity, Miles Elite/Prime/Miles) | 1.99% + GST — named as exception 4 to ICICI's 3.50% standard in the master MITC |
| Interest (APR) | 3.75%/mo (45%/yr) on the worked example in §1F | 3.75%/mo (45%/yr) |
| Income needed (salaried) | ₹1k–49k/month band — SBI's own product record tags the card with the lowest income band it publishes; no hard floor is stated | ₹20,000+/month (product page eligibility panel) |
| Income needed (self-employed) | Same ₹1k–49k/month band — SBI's record does not split salaried from self-employed | ₹30,000+/month (product page eligibility panel) |
† CASHBACK SBI Card: The unit is a rupee, not a point: SBI's own T&C says the cashback "is directly credited to the SBI Card account within two working days of the statement generation", and its FAQ says "Your Card Cashback does not expire". So ₹1.00 is floor, value and ceiling alike. What bites instead is the ceiling on EARNING it — ₹2,000 a statement cycle on online spend, ₹2,000 on offline, and never more than ₹4,000 combined.
Our value per point is what we think a point is worth when you use it well; every currency's figure and its reasoning is on points values.
What each is worth to you
| Monthly spend | CASHBACK SBI Card | Amazon Pay ICICI Bank |
|---|---|---|
| At ₹30,000 a month | ₹3,000 | ₹3,000 |
| At ₹75,000 a month | ₹7,600 | ₹7,600 |
| At ₹1.5 lakh a month | ₹15,100 | ₹15,100 |
| At ₹3 lakh a month | ₹24,000 | ₹30,200✓ Better |
| At ₹5 lakh a month | ₹24,000 | ₹50,400✓ Better |
| Pays for itself from | ₹10,000 a month | The first rupee✓ Better |
On an everyday mix of spending (groceries, bills, travel, fuel and the rest), using each card's own rules for each kind of spend. The same figures as each card's own page.
Every spend from ₹25,000 to ₹5 lakh 20 steps
| Monthly spend | CASHBACK SBI Card | Amazon Pay ICICI Bank | Ahead |
|---|---|---|---|
| ₹25,000 | ₹2,500 | ₹2,500 | Level |
| ₹50,000 | ₹5,000 | ₹5,000 | Level |
| ₹75,000 | ₹7,600 | ₹7,600 | Level |
| ₹1 lakh | ₹10,100 | ₹10,100 | Level |
| ₹1.25 lakh | ₹12,600 | ₹12,600 | Level |
| ₹1.5 lakh | ₹15,100 | ₹15,100 | Level |
| ₹1.75 lakh | ₹17,600 | ₹17,600 | Level |
| ₹2 lakh | ₹20,200 | ₹20,200 | Level |
| ₹2.25 lakh | ₹22,700 | ₹22,700 | Level |
| ₹2.5 lakh | ₹24,000 | ₹25,200✓ Better | Amazon Pay ICICI Bank by ₹1,200 |
| ₹2.75 lakh | ₹24,000 | ₹27,700✓ Better | Amazon Pay ICICI Bank by ₹3,700 |
| ₹3 lakh | ₹24,000 | ₹30,200✓ Better | Amazon Pay ICICI Bank by ₹6,200 |
| ₹3.25 lakh | ₹24,000 | ₹32,800✓ Better | Amazon Pay ICICI Bank by ₹8,800 |
| ₹3.5 lakh | ₹24,000 | ₹35,300✓ Better | Amazon Pay ICICI Bank by ₹11,300 |
| ₹3.75 lakh | ₹24,000 | ₹37,800✓ Better | Amazon Pay ICICI Bank by ₹13,800 |
| ₹4 lakh | ₹24,000 | ₹40,300✓ Better | Amazon Pay ICICI Bank by ₹16,300 |
| ₹4.25 lakh | ₹24,000 | ₹42,800✓ Better | Amazon Pay ICICI Bank by ₹18,800 |
| ₹4.5 lakh | ₹24,000 | ₹45,400✓ Better | Amazon Pay ICICI Bank by ₹21,400 |
| ₹4.75 lakh | ₹24,000 | ₹47,900✓ Better | Amazon Pay ICICI Bank by ₹23,900 |
| ₹5 lakh | ₹24,000 | ₹50,400✓ Better | Amazon Pay ICICI Bank by ₹26,400 |
How we work out the yearly value
We put each card through the same everyday mix of spending, apply that card's own rules for each kind of spend (some earn nothing on fuel or bills), add its milestone and renewal bonuses at our value per point, and take off the fee unless that spend waives it. Bonus categories that need you to shop a certain way are not counted. Your own mix will differ: try your numbers in the calculator, or read how we value cards.
Before you choose
Transfer partners 0 and 0
CASHBACK SBI Card's SBI Card Cashback cannot be moved to any airline or hotel; Amazon Pay ICICI Bank's Amazon Pay balance cannot be moved to any.
Every partner and ratio is on each card's page; the best value for your points is on the transfer optimizer.
Watch out 6 points
CASHBACK SBI Card
- The 5% caps at ₹2,000 of cashback a statement cycle, which is ₹40,000 of online spend — past that, online earns nothing until the cycle turns
- Offline has its own ₹2,000 cap, and the T&C says aggregate cashback 'shall not exceed ₹4,000' in a statement cycle under any circumstances
- Thirteen MCC families earn 0%: fuel, wallets, rent, jewellery, education, utilities, insurance, railways, gaming, tolls, government, quasi-cash and card fees
Amazon Pay ICICI Bank
- International spends have earned ZERO rewards since 11 Oct 2025 — the T&C says so, the product page does not
- No lounge access of any kind, domestic or international
- Amazon Pay balance is a closed wallet: no transfers, no airline, no cash-out
Common questions 5 answered
Which is better, CASHBACK SBI Card or Amazon Pay ICICI Bank?
Amazon Pay ICICI Bank is ahead of CASHBACK SBI Card at 11 of the 20 spends we test between ₹25,000 and ₹5 lakh a month and level at the rest; its lead is widest at ₹5 lakh a month, at ₹26,400 a year. On the rows below, CASHBACK SBI Card has no clear edge over Amazon Pay ICICI Bank. Amazon Pay ICICI Bank is by invitation only; CASHBACK SBI Card is the one you can apply for directly.
CASHBACK SBI Card or Amazon Pay ICICI Bank: which is worth more at ₹3 lakh a month?
Amazon Pay ICICI Bank beats CASHBACK SBI Card by ₹6,200 a year at ₹3 lakh a month. Both figures are a year's rewards and bonuses on an everyday spending mix, after the fee.
Which costs less to get, CASHBACK SBI Card or Amazon Pay ICICI Bank?
Amazon Pay ICICI Bank: ₹0 — lifetime free against ₹999/yr. CASHBACK SBI Card waives its fee if you spend ₹2,00,000 a year; Amazon Pay ICICI Bank has no fee waiver.
Which gets you into more airport lounges, CASHBACK SBI Card or Amazon Pay ICICI Bank?
Both get you into 0 of the 792 lounges we track.
How current is this comparison?
CASHBACK SBI Card was last checked against its bank's own documents on 12 Oct 2026, Amazon Pay ICICI Bank on 18 Oct 2026. Every figure here is worked out again from those records each time the site is built, so a change to either card shows up the day we log it.
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- What Amazon Pay balance are worth
- Amazon Pay ICICI Bank: joint #1 for Amazon & Flipkart
- Tata Neu Infinity HDFC Bank vs CASHBACK SBI Card
- HSBC Live+ vs CASHBACK SBI Card
- Axis Bank ACE vs CASHBACK SBI Card
- CASHBACK SBI Card vs Flipkart Axis Bank Credit Card
- HDFC Bank Millennia vs CASHBACK SBI Card
- Flipkart SBI Card vs CASHBACK SBI Card
- Kotak Cashback+ vs CASHBACK SBI Card
- Swiggy BLCK HDFC Bank Credit Card vs CASHBACK SBI Card
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- Amazon Pay ICICI Bank vs HDFC Bank Millennia
- Flipkart SBI Card vs Amazon Pay ICICI Bank
- Swiggy BLCK HDFC Bank Credit Card vs Amazon Pay ICICI Bank
- SimplyCLICK SBI Card vs Amazon Pay ICICI Bank
Sources
CASHBACK SBI Card was last checked against its bank's own documents on 12 Oct 2026, Amazon Pay ICICI Bank on 18 Oct 2026. Every fact above comes from these 8 documents; the banks' own are marked official. A fact a bank does not publish shows as "not published", never as zero.
The documents 8 sources
- Official Product page — 5% online and 1% offline, the ₹999 fee both years, and the ₹2 lakh renewal reversal read
- Official Cashback T&C e-kit — the 5%/1% table, the ₹2,000 + ₹2,000 + ₹4,000 statement-cycle caps, and the full MCC exclusion list read
- Official SBI Card MITC — the ₹999/₹999 fee row with the ₹2 lakh waiver, and the 3.5% foreign-currency markup read
- Official SBI Card's Airport Lounge Access page (the Set A and Set B card lists) — the programme document this card's lounge entitlement is read against read
- Official ICICI's credit-card charges notice — 2% on skill-based gaming and 1% on wallet loads of ₹5,000+ from 15 Jan 2026; 1% on transportation spends past ₹50,000 from 1 Feb 2026 read
- Official Product page — no joining fee, no annual fee, 1.99% forex mark-up, and 5%/3%/2%/1% rewards credited as Amazon Pay balance read
- Official Card T&C (last updated 12 Oct 2026), cl. XXIV — rewards credit to Amazon Pay balance, and international transactions have earned nothing since 11 Oct 2025 read
- Official MITC (re-issued October 2026) — Nil joining, Nil annual, Nil add-on; 1.99% forex named as exception 4 to the 3.50% standard read