Compare : HSBC Live+ Credit Card vs Cashback SBI Card

Rs. 1,000 cashback on spending Rs. 20,000 within the first 30 days of card issuance (Valid till 31st Dec 2024)

NA

10% cashback, up to Rs. 1,000 per month, on grocery, dining and food delivery spends

Unlimited 1.5% cashback on other category spends

5% cashback on all online spends without any merchant restriction, up to Rs. 2,000 per month

1% cashback across all offline spends, up to Rs. 2,000 per month

Cashback will be auto-credited into the statements within 2 days of statement generation

4 complimentary visits to domestic airport lounges every year

NA

High cashback earning rate on food-related spends

Hassle-free cashback redemption as statement credit

Low spend-based annual fee waiver condition

Good value-back on card activation

Up to 5% cashback on card spends

Cashback benefits come without any merchant restrictions

No hassle of point conversion as cashback is auto-credited into the statement

Easily achievable renewal fee waiver

Monthly capping of Rs. 1,000 in the accelerated categories is too low for a card that charges Rs. 999 annual fee

No significant benefits on travel, movies or other online spends

Long list of exclusions from cashback earning that also includes some major spends like utility bill payments, fuel, rent etc

Monthly capping on cashback earnings

No significant additional benefits like complimentary airport lounge access or welcome bonus

Those who prefer cashback over reward points, frequently dine-out or whose food-related spends make up a major portion of their monthly spends.

People who shop across multiple online brands and prefer flat cashback without any merchant or category restrictions