HSBC Cashback Card vs Kotak Royale Signature
Side-by-side credit card comparison to help you choose the best one.
HSBC Cashback Card
Why this card wins: Pure Cashback — 1.5% unlimited cashback on all spends
| Feature | ||
|---|---|---|
| Bank | HSBC India | Kotak Mahindra |
| Card Type | Cashback | Premium |
| Annual Fee | ₹750 + GST | ₹999 + GST |
| Joining Fee | ₹750 + GST | ₹999 + GST |
| Rewards | 1.5% unlimited cashback on all spends | 4 reward points per ₹150 on all spends |
| Best For | Pure Cashback | Travel & Entertainment |
| Interest Rate | 3.49% per month (41.88% p.a.) | 3.49% per month (41.88% p.a.) |
| Credit Limit | ₹50,000 - ₹5,00,000 | ₹1,00,000 - ₹5,00,000 |
| Welcome Benefit | ₹750 cashback on first ₹7,500 spend | 500 reward points on activation |
| Min Income | ₹25,000/month | ₹25,000/month |
| Lounge Access | 2 domestic per year | 8 domestic + 2 international per year |
| Fuel Surcharge Waiver | 1% waiver on ₹400-₹5,000 txns | 1% waiver on ₹400-₹5,000 txns |
| Foreign Txn Fee | 3.5% + GST | 3.5% + GST |
| Add-On Card Fee | Free | Free |
| Rating | 4.4 | 4.3 |
| Contactless | ||
| EMI Conversion |
Key Features
HSBC Cashback Card
Pure Cashback
Visa • Cashback
- No merchant category restrictions
- Cashback auto-credited to statement
- Global acceptance — accepted in 200+ countries
- Fee waiver on ₹1L annual spend
Kotak Royale Signature
Travel & Entertainment
Visa Signature • Premium
- 8 complimentary domestic lounge visits per year
- 2 complimentary international lounge visits
- 1% fuel surcharge waiver
- Milestone benefits on annual spending
Verdict
Based on rating and overall value, HSBC Cashback Card ranks highest among your selected cards. It excels at Pure Cashback and offers 1.5% unlimited cashback on all spends.
Frequently asked questions
Which is better: HSBC Cashback Card or Kotak Royale Signature?
HSBC Cashback Card has the higher CardKhoj rating (4.4/5) and is best for pure cashback. Kotak Royale Signature is the better fit if your priority is travel & entertainment. The right choice depends on where you spend most.
Which has the lower annual fee: HSBC Cashback Card and Kotak Royale Signature?
HSBC Cashback Card is cheaper to hold at ₹750 + GST, compared with ₹999 + GST for Kotak Royale Signature.
Do HSBC Cashback Card and Kotak Royale Signature offer airport lounge access?
HSBC Cashback Card: 2 domestic per year. Kotak Royale Signature: 8 domestic + 2 international per year.
Which card is better for international spending?
All of them charge the same forex markup of 3.5% + GST, so choose based on other benefits.
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