Synopsis: HDFC Diners Club Privilege and SBI Prime Credit Card are two of the most popular mid-premium credit cards that have travel benefits, dining benefits and lifestyle benefits. However, which of them is more valuable to your money? This is a brief comparison of their rewards, perks, and fees.
The mid-premium credit cards are gaining popularity among customers seeking travel, dining and lifestyle perks without extremely high yearly fees. The HDFC Diners Club Privilege Credit card. and the SBI Prime credit card are two popular products in this category that come with lounge access, reward points and milestone benefits.
Nevertheless, the value of individual cards may change depending on the spending habits and the lifestyle requirements. We are comparing HDFC Diners Club Privilege and SBI Prime Credit Card to determine which has the better features of traveling and dining.
HDFC Diners Club Privilege Credit Card
The HDFC Diners Club Privilege Credit Card is a mid- premium lifestyle credit card aimed at users who spend a lot in terms of dining, travelling and entertainment. The card has a relatively low yearly fee and comes with advantages such as faster accruing of reward points, free access to lounges and lifestyle memberships giving it an appeal to people who need some of the high value benefits but not at a very high annual rate.
- Annual Fee: ₹1,000 + GST
- Annual Fee Waiver: On expenditure ₹3 lakh and above in a year.
Reward Points Program
- Get 4 reward points on every ₹150 on regular retail transactions.
- Get 5x reward points on every ₹150 spent on the dining platforms such as Swiggy and Zomato.
- Up to 10X reward points in case of travel ticket booking using HDFC SmartBuy.
Airport Lounge Access
- The card will include 8 free visit to the airport lounge per year.(2 every quarter)
- The lounge access is usually provided in case the cardholder spends ₹15,000 within the past quarter.
Dining and Entertainment
- Additional 5X reward points on leading dining sites.
- BookMyShow gives movie ticket promotions of Buy 1 Get 1 Free.
Other Benefits
- Welcome Benefits: Free Swiggy One and Times Prime after spending requirements have been met once cards have been issued.
- Milestone Benefits: Milestones that include gift vouchers that are brands like Marriott, Decathlon, are rewarded quarterly on spending of ₹1.5 lakh.
- Foreign currency markup: nominal 3.5%
- Interest free credit card up to 50days
- Insurance cover of $125,000 on air accidents, and $31,250 of emergency overseas hospitalization.
- $625 on baggage delay and credit liability cover up to ₹9 lakhs
SBI Prime Credit Card
SBI Prime Credit Card is a luxury lifestyle credit card which is offered to consumers who tend to spend on dining, shopping, travel and entertainment. The card provides faster reward points on major spending areas, free access to Airport lounges, vouchers in form of milestones, and this will be appropriate among the users who need both a travel and lifestyle card.
- Annual Fee: ₹2,999 + GST
- Annual Fee Waiver: On expenditure ₹3 lakh and above in a year.
- Key Features & Benefits
Reward Points Program
- Earn 10 reward points on every ₹100 spent on dining, grocery, movies and at the departmental store.
- Earn 2 reward points on all other retail transactions ₹100.
- Reward points should be increased on some categories such as utility bills and birthday spends.
Airport Lounge Access
- 8 free domestic airport lounge visits annually (2 per quarter).
- 4 free visits to international lounges a year with Priority Pass.
Other Benefits
- Welcome Benefits: Partner brands also give new cardholders welcome vouchers of approximately ₹3,000 when they pay the joining fee.
- Milestone Benefits: Gift vouchers based on meeting spending targets, ₹1000 on pizzahut on spending ₹50,000 in a quarter, and an e-voucher of ₹500, and an e-gift voucher of ₹7000 from yatra/pantaloons on achieving annual spends of ₹5 lakhs
- Waiver of 1% fuel surcharge on transaction between ₹500 and ₹4,000.
Which one is better: HDFC Diners Club Privilege or SBI Prime?
Select HDFC Diners Club Privilege in case you desire a reduced annual fee card, which offers great dining and lifestyle rewards, and other facilities such as earning reward points faster and lounge privileges every quarter.
Select SBI Prime in case you fly regularly and would like to have more lounge visits and greater milestone vouchers since it provides domestic and international lounge visits as well as welcome benefits of approximately ₹3,000.
On the whole, the HDFC Diners Club Privilege will be more suitable to those who want to enjoy lifestyle advantages at a low cost whereas SBI Prime can be selected by people who want to travel with benefits and reaching milestones.
Conclusion
The HDFC Diners Club Privilege and SBI Prime credit card both are good travel, dine, and lifestyle credit cards with mid-premium benefits. Although the HDFC Diners Club Privilege has an advantage of having a lower annual fee and with the rewards being based more on dining.
The SBI Prime card has more in terms of travel perks, access to international lounges and more milestones. In the end, the option that is more favorable is determined by the preference to focus more on the inexpensive lifestyle benefits or more extensive travel advantages.
Written By Boyapati Sai Jasmitha
