Which card has a lower forex fee: ICICI Bank Rubyx American Express Credit Card or SBI Card Miles Prime?

SBI Card Miles Prime has lower forex markup (2.5% vs 3.5%).

Which card has a lower annual fee: ICICI Bank Rubyx American Express Credit Card or SBI Card Miles Prime?

ICICI Bank Rubyx American Express Credit Card has a lower annual fee (₹2,000 annual fee vs ₹2,999 annual fee).

Which card offers better lounge access?

ICICI Bank Rubyx American Express Credit Card: 2 per quarter domestic lounge. SBI Card Miles Prime: 8 domestic + 4 international lounge visits/year.

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 →

ICICI Bank Rubyx American Express vs SBI Card Miles Prime Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the ICICI Bank Rubyx American Express and the SBI Card Miles Prime. Verify fees, lounge access, forex markup, and base rewards before you apply.

Rubyx American Express

Miles Prime

The short answer

Verdict

Pick Miles Prime for spending abroad.

Head-to-head

Three core metrics

Annual fee

Rubyx American Express ₹2,000 Waivable at ₹3,00,000 spend

Miles Prime ₹2,999 Waivable at ₹10,00,000 spend

Rubyx American Express saves ₹999/yr
Forex markup

Rubyx American Express 3.5%

Miles Prime 2.5%

Miles Prime saves ~₹1,000 per ₹1L abroad
Domestic lounge

Rubyx American Express 8/year (2 per quarter) Conditional · Domestic: 2/quarter · requires ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)

Miles Prime 8/year

Reward earning explained

Per card

Rubyx American Express

2 pts / ₹100

Strong data

Miles Prime

2 Travel Credits / ₹200 · Up to 4 Travel Credits / ₹200 on Travel

Strong data

Pick based on what matters

3 dimensions

Start with the constraint you care about most: annual fee (ICICI Bank Rubyx American Express: ₹2,000 vs SBI Card Miles Prime: ₹2,999), forex markup (3.5% vs 2.5%), or lounge access (8/year (2 per quarter) vs 8/year).

Forex markup SBI Card Miles Prime wins

SBI Card Miles Prime is better for forex

SBI Card Miles Prime is stronger here. SBI Card Miles Prime has a lower forex markup (2.5% vs 3.5%).
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is 2 per quarter. Domestic lounge access is 8 per year.
Rewards Insufficient data

Insufficient data to compare rewards

Available evidence is incomplete: ICICI Bank Rubyx American Express is not safely INR-comparable (no usable point value). SBI Card Miles Prime conservative base value ~0.25% per ₹100.

Rubyx American Express: Strong data Miles Prime: Strong data

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

SBI Miles Prime: ~₹130/month at base rate
Rubyx American Express: Base earn not clearly specified

Illustrative only, using current base rates before caps.

Field	Rubyx American Express ICICI Bank	Miles Prime SBI Card
Insurance — Air accident cover Only available for Rubyx American Express	₹1 crore	Not specified
Insurance — Lost card liability cover ₹50,000 vs ₹1 lakh	₹50,000	₹1 lakh
Insurance — Underwriter	Insured by ICICI Lombard General Insurance Company Limited	Insured by ICICI Lombard General Insurance Company Limited
Lounge Access
Domestic lounge visits spend-gated on some cards — see caveats 8/year (2 per quarter) vs 8/year	8/year (2 per quarter)	8/year
International lounge visits Not included vs 4 per year	No international lounge access	4 per year
Forex / International Use
Forex markup Source agreement differs — verify both. 3.5% vs 2.5%	3.5%	2.5%
Fees
Recurring annual fee ₹2,000 vs ₹2,999	₹2,000	₹2,999
Annual-fee waiver ₹3,00,000 vs ₹10,00,000	₹3,00,000	₹10,00,000
Interest-free period Up to 48 days vs Up to 50 days	Up to 48 days	Up to 50 days
Monthly interest rate	3.75% / month	3.75% / month
Fuel benefit 1% surcharge waiver · ₹400–₹4,000 transactions vs 1% surcharge waiver · ₹500–₹3,000 transactions · ₹250/month waiver cap · Fuel rewards excluded	1% surcharge waiver · ₹400–₹4,000 transactions	1% surcharge waiver · ₹500–₹3,000 transactions · ₹250/month waiver cap · Fuel rewards excluded
Rewards
Base earn 2 pts / ₹100 vs 2 Travel Credits / ₹200	2 pts / ₹100	2 Travel Credits / ₹200
Conservative base value Not safely INR-comparable vs ~0.3%	Not safely INR-comparable	~0.3%
Earn ceiling	Not stated	Not stated
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. Only available for SBI Miles Prime	Not specified	₹1
Point validity Only available for SBI Miles Prime	Not specified	2 years

Notes

ICICI Bank Rubyx American Express Credit Card: Condition: ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.

ICICI Bank Rubyx American Express

Verify with issuer

SBI Card Miles Prime

Verify with issuer