Which card has a lower forex fee: IndiGo Axis Bank Credit Card or PhonePe SBI SELECT BLACK Credit Card?

Both cards have the same forex markup (3.5%).

Which card has a lower annual fee: IndiGo Axis Bank Credit Card or PhonePe SBI SELECT BLACK Credit Card?

IndiGo Axis Bank Credit Card has a lower annual fee (₹799 vs ₹1,499).

Which card offers better lounge access?

IndiGo Axis Bank Credit Card: 1 per quarter domestic lounge. PhonePe SBI SELECT BLACK Credit Card: 1 per quarter domestic lounge.

Which card has a higher base reward rate?

Base reward rates are not fully available for both cards in the current snapshot.

Pairwise comparison Compare 3+ cards →

Axis Bank IndiGo vs SBI Card PhonePe SBI SELECT BLACK Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the Axis Bank IndiGo and the SBI Card PhonePe SBI SELECT BLACK. Verify fees, lounge access, forex markup, and base rewards before you apply.

upi SBI Card PhonePe SBI SELECT BLACK

Quick comparison

Three core metrics

IndiGo Axis Bank

Annual fee ₹799
Forex markup 3.5%
Domestic lounge 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹50,000 spend in the previous 3 calendar months

PhonePe SBI SELECT BLACK SBI Card

Annual fee ₹1,499 Waivable at ₹3,00,000 spend
Forex markup 3.5%
Domestic lounge 4/year (1 per quarter)

Reward earning explained

Per card

IndiGo

1 pt / ₹100 · Up to 3 pts / ₹100 on Indigo

Limited data

PhonePe SBI SELECT BLACK

1 pt / ₹100

Limited data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (Axis Bank IndiGo: ₹799 vs SBI Card PhonePe SBI SELECT BLACK: ₹1,499), forex markup (3.5% vs 3.5%), or lounge access (4/year (1 per quarter) vs 4/year (1 per quarter)).

Forex markup Tie

Both cards are similar for forex

Forex markup is 3.5%.
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is 1 per quarter.
Rewards Insufficient data

Insufficient data to compare rewards

Available evidence is incomplete: Axis Bank IndiGo is not safely INR-comparable (no usable point value). SBI Card PhonePe SBI SELECT BLACK conservative base value ~1% per ₹100.

IndiGo: Limited data PhonePe SBI SELECT BLACK: Limited data
upi SBI Card PhonePe SBI SELECT BLACK wins

SBI Card PhonePe SBI SELECT BLACK is better for UPI usage

SBI Card PhonePe SBI SELECT BLACK is stronger here. Supports UPI via RuPay network.

Axis Bank IndiGo

Confidence: Low (limited information available)

Verify with issuer

SBI Card PhonePe SBI SELECT BLACK

Confidence: Low (limited information available)

Verify with issuer

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

PhonePe SBI SELECT BLACK: ~₹500/month at base rate
IndiGo Axis Bank: Base earn not clearly specified

Illustrative only, using current base rates before caps.

Swipe for all fields

Field	IndiGo Axis Bank	PhonePe SBI SELECT BLACK SBI Card
Lounge Access
Domestic lounge visits	4/year (1 per quarter)	4/year (1 per quarter)
International lounge visits Only available for PhonePe SBI SELECT BLACK	Not specified	4/year
Forex / International Use
Forex markup	3.5%	3.5%
Fees
Annual fee ₹799 vs ₹1,499	₹799	₹1,499
Joining fee ₹799 vs ₹499	₹799	₹499
Fee waiver spend Only available for PhonePe SBI SELECT BLACK	Not specified	₹3,00,000
Rewards
Points per ₹100 Some reward lanes are unsupported — base rate only for comparison.	1 pt / ₹100	1 pt / ₹100
Conservative base value Not safely INR-comparable vs ~1%	Not safely INR-comparable	~1%

Notes

Some data has low confidence — verify with the issuer before relying on it.
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.