HSBC Live+ Credit Card vs CASHBACK SBI Card
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Short answer: at ₹30,000/month typical spend, HSBC Live+ Credit Card earns about ₹6,940 more a year. Details below — verified from official terms.
Net annual value by spend level
| Total monthly spend | HSBC Live+ Credit Card | CASHBACK SBI Card | Winner |
|---|---|---|---|
| ₹15,000 | ₹9,591 | ₹4,721 | HSBC Live+ Credit Card +₹4,870 |
| ₹30,000 | ₹17,560 | ₹10,620 | HSBC Live+ Credit Card +₹6,940 |
| ₹60,000 | ₹19,720 | ₹21,240 | CASHBACK SBI Card +₹1,520 |
Head to head
| HSBC Live+ Credit Card | CASHBACK SBI Card | |
|---|---|---|
| Annual fee | ₹999 + GST | ₹999 + GST |
| Fee waiver | At ₹2,00,000/yr | At ₹2,00,000/yr |
| Best rate | 10% — 10% dining/grocery/food-delivery/utility (cap ₹1,200/mo, from 26 Jul 2026) | 5% — 5% online cashback |
| Lounges (dom/intl per yr) | 4 / 0 | 0 / 0 |
| Welcome value | ₹1,000 | — |
| No rewards on | fuel, rent, wallet, insurance, government, emi | utility, insurance, fuel, rent, wallet, education, jewellery, railways, government, gaming, toll, emi |
Quick answers
HSBC Live+ Credit Card or CASHBACK SBI Card — which is better at ₹30,000/month spend?
HSBC Live+ Credit Card comes out ahead by about ₹6,940 a year on a typical spend mix at that level, after caps and fees. The gap changes with your mix — run the wizard for your numbers.
Do these numbers include annual fees and caps?
Yes. Every figure is net annual value: rewards after monthly caps, minus fees after spend-based waivers, plus welcome and milestone value.
Both cards verified 2026-07-13 · rank them at your exact spend · methodology