Which card has a lower forex fee: HDFC MoneyBack Plus 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: HDFC MoneyBack Plus Credit Card or PhonePe SBI SELECT BLACK Credit Card?

HDFC MoneyBack Plus Credit Card has a lower annual fee (₹500 vs ₹1,499).

Which card offers better lounge access?

HDFC MoneyBack Plus Credit Card: No domestic lounge. PhonePe SBI SELECT BLACK Credit Card: 4/year domestic lounge.

Which card has a higher base reward rate?

PhonePe SBI SELECT BLACK Credit Card has higher base reward value (~1% vs ~0.33%).

Pairwise comparison Add another card →

HDFC Bank MoneyBack Plus vs SBI Card PhonePe SBI SELECT BLACK Credit Cards – Fees, Lounge, Forex

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

Lounge SBI Card PhonePe SBI SELECT BLACK upi SBI Card PhonePe SBI SELECT BLACK

Quick comparison

Three core metrics

MoneyBack Plus HDFC Bank

Annual fee ₹500
Forex markup 3.5%
Domestic lounge No lounge access

PhonePe SBI SELECT BLACK SBI Card

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

Reward earning explained

Per card

MoneyBack Plus

2 pts / ₹150 on General spend

Limited data

PhonePe SBI SELECT BLACK

1 pts / ₹100 on General spend

Limited data

Pick based on what matters

5 dimensions

Start with the constraint you care about most: annual fee (HDFC Bank MoneyBack Plus: ₹500 vs SBI Card PhonePe SBI SELECT BLACK: ₹1,499), forex markup (3.5% vs 3.5%), or lounge access (No lounge access vs 4/year).

Forex markup Tie

Both cards are similar for forex

Forex markup is 3.5%.

MoneyBack Plus: Limited data PhonePe SBI SELECT BLACK: Limited data
Lounge access SBI Card PhonePe SBI SELECT BLACK wins

SBI Card PhonePe SBI SELECT BLACK is better for lounge access

SBI Card PhonePe SBI SELECT BLACK is stronger here. Domestic lounge access is 4/year.

MoneyBack Plus: Limited data PhonePe SBI SELECT BLACK: Limited data
Rewards Insufficient data

Insufficient data to compare rewards

Only SBI Card PhonePe SBI SELECT BLACK has comparable evidence here. Estimated base reward value is ~1% on base spend.

MoneyBack Plus: Limited data PhonePe SBI SELECT BLACK: Limited data
Annual fee Insufficient data

Insufficient data to compare fees

Only HDFC Bank MoneyBack Plus has comparable evidence here. Annual fee is ₹500.

MoneyBack Plus: 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.

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
MoneyBack Plus: ~₹170/month at base rate

Illustrative only, using current base rates before caps.

Field	MoneyBack Plus HDFC Bank	PhonePe SBI SELECT BLACK SBI Card
Lounge Access
Domestic lounge visits No lounge access vs 4/year	No lounge access	4/year
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 ₹500 vs ₹1,499	₹500	₹1,499
Joining fee	₹500	₹500
Fee waiver spend Only available for PhonePe SBI SELECT BLACK	Not specified	₹3,00,000
Rewards
Reward points (base spend) 2 pts/₹150 vs 1 pts/₹100	2 pts/₹150	1 pts/₹100
Point cash value ₹0.25 vs ₹1	₹0.25	₹1

Notes

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