RBL Platinum Choice Mastercard Credit Card vs SBI Cards IRCTC Visa Platinum Credit Card: Which is Better in 2026?
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In short: RBL Platinum Choice has the lower annual fee (₹499 vs ₹500); both charge a 3.5% forex markup.
| Key facts | RBL Platinum Choice | SBI IRCTC |
|---|---|---|
| Annual fee | ₹499 | ₹500 |
| Annual fee waived | On ₹50,000 annual spend | Not listed |
| Top reward rate | 2X Reward Points on all Online Spends | 1 Reward Points Per ₹125 Spent on Retail |
| Base rewards | 1 Reward Points per ₹100 | 1 Reward Points Per ₹125 Spent on Retail |
| Lounge access | Not listed | 4 railway lounge visits a year |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 24 Oct 2026. Milestones, welcome benefits and caps are in the full table below.
Rbl Platinum Choice Mastercard Credit Card shows a stronger headline earn rate in the first reward band we surface. SBI Cards IRCTC Visa Platinum Credit Card currently has more lounge detail available from the issuer data we index. Always confirm current fees and offers on the issuer’s site before you apply.
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| Feature | Rbl Platinum Choice Mastercard Credit Card | SBI Cards IRCTC Visa Platinum Credit Card |
|---|---|---|
| Bank | RBL Bank | SBI Cards |
| Network | MasterCard | Visa |
| Annual / renewal fee | Annual Fee of Rs.499 | Annual Fee of Rs.500 |
| Annual fee waiver | Spend Rs.50000 For Waiver of Annual Membership Fee | — |
| Top reward rate | Get 2X Reward Points on all Online Spends | Earn 1 Reward Points Per Rs.125 Spent on Retail |
| Base rate (other spends) | Earn 1 Reward Points per Rs.100 | — |
| Lounge — domestic | — | Enjoy 4 Complimentary Railway Lounge Access in a Year |
| Fuel surcharge waiver | Fuel surcharge waiver Upto Rs.100 | 1% Fuel Surcharge Waiver |
| Welcome benefit | 2000 Reward Points on Payment of Annual Fee | Welcome Benefits - 350 activation Bonus Reward Points |
| Milestone benefit | — | Milestone benefits - Earn 500 Reward Points |
| Foreign currency markup | 3.5% - Foreign Currency Transactions | 3.5% - Foreign Currency Transactions |
Which is better for rewards?
Rbl Platinum Choice Mastercard Credit Card shows a higher headline earn signal in the reward summaries we index (Get 2X Reward Points on all Online Spends vs Earn 1 Reward Points Per Rs.125 Spent on Retail). If you optimise for points or cashback on daily spend, start with that card’s reward bands — then model redemptions you actually use.
Which is better for travel?
SBI Cards IRCTC Visa Platinum Credit Card has richer lounge-related fields in our current benefits extract (domestic: Enjoy 4 Complimentary Railway Lounge Access in a Year; international: —). Frequent flyers should still confirm guest access, visit limits and participating airports with the issuer.
Which has lower effective cost?
Headline renewal fees are effectively the same in our extract (about ₹499 per year for each card, before waivers). The real difference is often waiver rules and how much you spend—use the waiver row and your own spend pattern to estimate net cost.
Who should pick Rbl Platinum Choice Mastercard Credit Card?
Consider Rbl Platinum Choice Mastercard Credit Card if you already bank with RBL Bank, and the fee, waiver and earn rows above line up with how you spend each month. Use CardChat on that card for deeper, personalised follow-ups.
Who should pick SBI Cards IRCTC Visa Platinum Credit Card?
Consider SBI Cards IRCTC Visa Platinum Credit Card if you already bank with SBI Cards, and the fee, waiver and earn rows above line up with how you spend each month. Use CardChat on that card for deeper, personalised follow-ups.
Frequently Asked Questions
From the lounge fields in our benefit data: SBI Cards IRCTC Visa Platinum Credit Card — domestic: Enjoy 4 Complimentary Railway Lounge Access in a Year; international: —. Rbl Platinum Choice Mastercard Credit Card — domestic: —; international: —. Guest rules, networks and visit caps change — confirm on the RBL Bank and SBI Cards websites before you travel.
From the renewal-fee lines we index, the headline amounts are about ₹499 vs ₹500 per year before taxes and waivers. Campaigns and customer-specific pricing differ — use the comparison table and the RBL Bank and SBI Cards websites for the final number.
On the first reward band we surface, Rbl Platinum Choice Mastercard Credit Card shows a stronger headline earn (Get 2X Reward Points on all Online Spends vs Earn 1 Reward Points Per Rs.125 Spent on Retail). Category bonuses, caps and redemption value decide real-world returns — map this to where you actually spend.
Rbl Platinum Choice Mastercard Credit Card: Spend Rs.50000 For Waiver of Annual Membership Fee SBI Cards IRCTC Visa Platinum Credit Card: Waiver wording not in our benefit extract — check SBI Cards. Spend thresholds and anniversary rules change; confirm the latest T&Cs.
Rbl Platinum Choice Mastercard Credit Card: 3.5% - Foreign Currency Transactions SBI Cards IRCTC Visa Platinum Credit Card: 3.5% - Foreign Currency Transactions Lower published foreign-currency markup is usually better for overseas and foreign-currency online spend; confirm the live rate and exclusions on the RBL Bank and SBI Cards websites.
Rbl Platinum Choice Mastercard Credit Card: 2000 Reward Points on Payment of Annual Fee SBI Cards IRCTC Visa Platinum Credit Card: Welcome Benefits - 350 activation Bonus Reward Points Welcome campaigns are time-bound — verify eligibility and fulfilment on the RBL Bank and SBI Cards websites.