Compare : SBI Card ELITE vs HSBC Live+ Credit Card

Complimentary e-gift voucher worth Rs. 5,000 on joining from any brand of choice among Yatra, Hush Puppies/Bata, Pantaloons, Aditya Birla Fashion or Shoppers Stop

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

5X rewards on dining, departmental stores & grocery spends

2 reward points per Rs. 100 on all other spends, except fuel

4 Reward Points = Rs. 1

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

Unlimited 1.5% cashback on other category spends

2 domestic airport lounge visits per calendar quarter and 6 international lounge visits in a year

4 complimentary visits to domestic airport lounges every year

Accelerated rewards on everyday spends like grocery, dining and departmental store purchases

Good lounge access benefit at domestic as well as international airports

Complimentary movie tickets worth Rs. 6,000 every year

Low forex mark-up fee of 1.99%

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

Base reward earning rate is low for transactions outside the accelerated category

Reward redemption rate stands quite low at Rs. 0.25

No travel benefits other than complimentary lounge access

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

People who often watch movies and are frequent air travelers so that they can utilise the travel membership benefits

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