What are the annual fees for Cashback SBI Credit Card and HSBC Live+ Credit Card?

Cashback SBI Credit Card has ₹999 + GST. HSBC Live+ Credit Card has ₹999 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

Cashback SBI Credit Card earns about 1% on general spends; HSBC Live+ Credit Card earns about 1.5%. Category and partner rates may differ — see the table above.

Do online and offline rewards differ between them?

Cashback SBI Credit Card: 5% online / 1% offline. HSBC Live+ Credit Card: same rate online and offline.

What is the forex markup on each card?

Cashback SBI Credit Card: 3.5%. HSBC Live+ Credit Card: 3.5% (plus 18% GST on the markup).

Do both cards include airport lounge access?

Cashback SBI Credit Card: none specified. HSBC Live+ Credit Card: yes — see the lounge row above for limits.

Card Comparison

Cashback SBI vs HSBC Live+

The key difference: 1.5% effective rate vs 1%. Cashback SBI vs HSBC Live+compared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

Cashback SBI

SBI Card

Fee₹999+GST

Eff. rate1%

Cap₹4,000

Fee

₹999+GST

Eff. rate

Cap

₹4,000

HSBC Live+

HSBC Bank

Fee₹999+GST

Eff. rate1.5%

Cap₹1,000

Fee

₹999+GST

Eff. rate

1.5%

Cap

₹1,000

Quick take

How they compare

Cashback SBI and HSBC Live+suit different spending patterns, so the right pick depends on where and how much you spend — the headline difference is called out at the top. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

Cashback SBI

Annual fee: ₹999 + GST
Everyday rate: 1%
Monthly cap: ₹4,000/mo

Notable strengths

Strong online-shopping rewards (up to 5%)
Direct cashback — nothing to redeem

HSBC Live+

Annual fee: ₹999 + GST
Everyday rate: 1.5%
Monthly cap: ₹1,000/mo

Notable strengths

Direct cashback — nothing to redeem

Each card's own strengths — not a ranking. Weigh them against where you actually spend.

46 specs · 13 sections

Cashback SBI

HSBC Live+

Feature

Cashback SBI

HSBC Live+

Annual Fee

₹999

Joining Fee

₹999

Fee Waiver Spend

₹2,00,000

Forex Markup

3.5%

Reward Type

Cashback

Base Rate

1.5%

Online Rate

—

Offline Rate

1.5%

Effective Base Rate

1.5%

Point Value

₹1

Redemption Quality

HIGH

Best Redemption

₹1

Worst Redemption

₹1

Eazydiner

—

15%

Grocery / Supermarkets

5% online / 1% offline

10%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

5% online / 1% offline

10%

Flights, Hotels, OTAs, Tour Operators

5% online / 1% offline

1.5%

Other Retail / Catch-all

5% online / 1% offline

1.5%

Monthly Cap

₹4,000

₹1,000

Est. Annual Cap

₹48,000

₹12,000

Total Excluded

12 categories

10 categories

Railway / Train Tickets

Excluded

Earns rewards

Donations / Charity / NGO

Earns rewards

Excluded

Online Gaming / Betting

Excluded

Earns rewards

EMI Transactions

Excluded

Earns rewards

Domestic Visits/Year

None

International Visits/Year

None

Priority Pass

Est. Annual Value

—

₹1,760

Forex Markup

3.5%

Description

—

₹1,000 Cashback on Spending ₹20,000 in the First 30 Days

Estimated Value

—

₹1,000

Fuel Surcharge Waiver

Yes

Best Suited For

Online Shopping, Cashback

Shopping, Food

Min Income

₹30,000/month

₹50,000/month

Income Proof

Not required

Secured FD

Accepting Applications

Yes

Network

Visa

Card Tier

Classic

Gold

Still weighing your options?

Other popular matchups to line up against your shortlist.

Frequently asked questions

What are the annual fees for Cashback SBI Credit Card and HSBC Live+ Credit Card?: Cashback SBI Credit Card has ₹999 + GST. HSBC Live+ Credit Card has ₹999 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: Cashback SBI Credit Card earns about 1% on general spends; HSBC Live+ Credit Card earns about 1.5%. Category and partner rates may differ — see the table above.
Do online and offline rewards differ between them?: Cashback SBI Credit Card: 5% online / 1% offline. HSBC Live+ Credit Card: same rate online and offline.
What is the forex markup on each card?: Cashback SBI Credit Card: 3.5%. HSBC Live+ Credit Card: 3.5% (plus 18% GST on the markup).
Do both cards include airport lounge access?: Cashback SBI Credit Card: none specified. HSBC Live+ Credit Card: yes — see the lounge row above for limits.

Reviewed by WhichWise Editorial Team. Each card's data is verified against the issuer's official terms.

Sources: SBI Card - Cashback SBI · HSBC Bank - HSBC Live+