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

SBI Card ELITE has lower forex markup (1.99% vs 3.5%).

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

Axis Bank SELECT Credit Card has a lower annual fee (₹3,000 vs ₹4,999).

Which card offers better lounge access?

Axis Bank SELECT Credit Card: 8/year domestic lounge (2 per quarter). SBI Card ELITE: 8/year domestic lounge.

Which card has a higher base reward rate?

Axis Bank SELECT Credit Card has higher base reward value (~1% vs ~0.5%).

Pairwise comparison Add another card →

Axis Bank SELECT vs SBI Card ELITE Credit Cards – Fees, Lounge, Forex

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

Forex SBI Card ELITE

Quick comparison

Three core metrics

SELECT Axis Bank

Annual fee ₹3,000 Waivable at ₹6,00,000 spend
Forex markup 3.5%
Domestic lounge 8/year (2 per quarter)

ELITE SBI Card

Annual fee ₹4,999 Waivable at ₹10,00,000 spend
Forex markup 1.99%
Domestic lounge 8/year

Reward earning explained

Per card

SELECT

5 pts / ₹100 on General spend

Limited data

ELITE

2 pts / ₹100 on General spend

Limited data

Pick based on what matters

5 dimensions

Start with the constraint you care about most: annual fee (Axis Bank SELECT: ₹3,000 vs SBI Card ELITE: ₹4,999), forex markup (3.5% vs 1.99%), or lounge access (8/year (2 per quarter) vs 8/year).

Travel Insufficient data

Insufficient data to compare travel

Only SBI Card ELITE has comparable evidence here. Forex markup is 2%.

SELECT: Limited data ELITE: Limited data
Forex markup SBI Card ELITE wins

SBI Card ELITE is better for forex

SBI Card ELITE is stronger here. Forex markup is 2%.

SELECT: Limited data ELITE: Limited data
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is 8/year (2 per quarter). Domestic lounge access is 8/year.

SELECT: Limited data ELITE: Limited data
Rewards Insufficient data

Insufficient data to compare rewards

Only Axis Bank SELECT has comparable evidence here. Estimated base reward value is ~1% on base spend.

SELECT: Limited data ELITE: Limited data
upi Tie

Both cards are similar for UPI usage

Mastercard network does not support UPI payments. Visa network does not support UPI payments.

Verify with issuer

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

SELECT: ~₹500/month at base rate
SBI ELITE: ~₹250/month at base rate

Illustrative only, using current base rates before caps.

Field	SELECT Axis Bank	ELITE SBI Card
Lounge Access
Domestic lounge visits 8/year (2 per quarter) vs 8/year	8/year (2 per quarter)	8/year
International lounge visits 2/year vs 6/year	2/year	6/year
Forex / International Use
Forex markup 3.5% vs 1.99%	3.5%	1.99%
Fees
Annual fee ₹3,000 vs ₹4,999	₹3,000	₹4,999
Joining fee ₹3,000 vs ₹4,999	₹3,000	₹4,999
Fee waiver spend ₹6,00,000 vs ₹10,00,000	₹6,00,000	₹10,00,000
Rewards
Points per ₹100 5 pts vs 2 pts	5 pts	2 pts
Point cash value ₹0.2 vs ₹0.25	₹0.2	₹0.25

Notes

Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.