Fluid Film Bearings (FFBs) provide economic wear-free performance when operating in hydrodynamic lubrication regime. In all other operating conditions, except hydrostatic regime, these bearings are subjected to wear. To get wear-free performance even in those conditions, a hybrid (hydrodynamic +RMD configured magnetic) bearing has been proposed. The hybrid bearing consists of square-magnets to repel the shaft away from the bearing-bore. Load carrying capacities of four configurations of hybrid bearings were determined. The results are presented in this manuscript. The best configuration of hybrid bearing was developed. A test setup was developed to perform the experiments on the fluid film and hybrid bearings. The wear results of both the bearings under same operating conditions are presented.