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Side-by-Side Comparison|Updated March 2026

ICICI Bank - Times Black ICICI Bank Credit Card vs SBI Card ELITE

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

ICICI Bank

ICICI Bank - Times Black ICICI Bank Credit Card

8/10
Annual Fee₹20,000
Base Rewards0.8%
NetworkVisa
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SBI Card

SBI Card ELITE

7.2/10
Annual Fee₹4,999
Base Rewards0.5%
NetworkVisa
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Feature-by-Feature Comparison

FeatureICICI Bank - Times Black ICICI Bank Credit CardSBI Card ELITE
Annual Fee₹20,000₹4,999
Joining Fee₹20,000₹4,999
Fee Waiver Spend₹25,00,000₹10,00,000
Base Reward Rate0.8%0.5%
Reward CurrencyICICI Bank Reward PointsSBI Reward Points
NetworkVisaVisa
Editor Rating8/107.2/10
Forex Markup3.5%3.5%

Accelerated Rewards

ICICI Bank - Times Black ICICI Bank Credit Card

  • 0% on Hotels via iShop
  • 0% on Flights via iShop

SBI Card ELITE

  • 0.62% on Dining
  • 0.62% on Departmental Stores
  • 0.62% on Grocery

Pros & Cons

ICICI Bank - Times Black ICICI Bank Credit Card

Pros

  • Unlimited domestic and international lounge access for both primary and add-on cardholders.
  • Low forex markup fee of 1.49%, making it highly competitive for international spending.
  • High-value welcome and renewal benefits including ₹10,000 EaseMyTrip hotel vouchers and Zomato Gold.
  • Unique milestone rewards like helicopter transfers in Bangalore or luxury sedan airport transfers.

Cons

  • Base reward rate of 2% is lower than some competitors in the super-premium segment.
  • Milestone benefits are brand-specific (e.g., Klook, Tata CLiQ Luxury) which may not suit all users.
  • No complimentary guest access for airport lounges.

SBI Card ELITE

Pros

  • Complimentary movie tickets worth ₹6,000 annually (₹500 per month).
  • Low foreign currency markup of 1.99% compared to the standard 3.5%.
  • High milestone rewards of up to 50,000 bonus points worth ₹12,500.
  • Comprehensive lounge access with 8 domestic and 6 international visits per year.

Cons

  • High annual fee waiver threshold of ₹10 Lakhs.
  • Base reward rate is relatively low at 0.5% for a premium card.
  • Club Vistara and Trident memberships have been discontinued for new users.

Our Verdict

ICICI Bank - Times Black ICICI Bank Credit Card edges ahead overall with a stronger combination of rewards and value. However, SBI Card ELITE could be the better pick if its specific category strengths match your spending habits.

Choose ICICI Bank - Times Black ICICI Bank Credit Card if

Unlimited global lounge access and a low 1.49% forex markup provide significant value.

Choose SBI Card ELITE if

The monthly ₹500 movie ticket benefit effectively covers the annual fee.

Frequently Asked Questions

Which is better: ICICI Bank - Times Black ICICI Bank Credit Card or SBI Card ELITE?
ICICI Bank - Times Black ICICI Bank Credit Card edges ahead overall with a stronger combination of rewards and value. However, SBI Card ELITE could be the better pick if its specific category strengths match your spending habits.
What is the annual fee difference between ICICI Bank - Times Black ICICI Bank Credit Card and SBI Card ELITE?
ICICI Bank - Times Black ICICI Bank Credit Card has an annual fee of ₹20,000, while SBI Card ELITE has an annual fee of ₹4,999. ICICI Bank - Times Black ICICI Bank Credit Card offers a fee waiver on ₹25,00,000 annual spend. SBI Card ELITE offers a fee waiver on ₹10,00,000 annual spend.
Which card has better rewards: ICICI Bank - Times Black ICICI Bank Credit Card or SBI Card ELITE?
ICICI Bank - Times Black ICICI Bank Credit Card offers a base reward rate of 0.8% with accelerated rewards on Hotels via iShop and Flights via iShop. SBI Card ELITE offers 0.5% base rewards with bonuses on Dining and Departmental Stores. The better choice depends on your primary spending categories.
Can I have both ICICI Bank - Times Black ICICI Bank Credit Card and SBI Card ELITE?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. ICICI Bank - Times Black ICICI Bank Credit Card and SBI Card ELITE can complement each other if they cover different reward categories.
Which card is better for beginners: ICICI Bank - Times Black ICICI Bank Credit Card or SBI Card ELITE?
For beginners, SBI Card ELITE may be more approachable with a lower annual fee of ₹4,999. However, evaluate based on your expected spending pattern rather than fee alone.

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