HSBC Cashback Card vs SBI ELITE
Side-by-side credit card comparison to help you choose the best one.
SBI ELITE
Why this card wins: Premium Lifestyle — 2X reward points on dining, movies & grocery
| Feature | ||
|---|---|---|
| Bank | HSBC India | SBI |
| Card Type | Cashback | Super Premium |
| Annual Fee | ₹750 + GST | ₹4,999 + GST |
| Joining Fee | ₹750 + GST | ₹4,999 + GST |
| Rewards | 1.5% unlimited cashback on all spends | 2X reward points on dining, movies & grocery |
| Best For | Pure Cashback | Premium Lifestyle |
| Interest Rate | 3.49% per month (41.88% p.a.) | 3.35% per month (40.20% p.a.) |
| Credit Limit | ₹50,000 - ₹5,00,000 | ₹3,00,000 - ₹15,00,000 |
| Welcome Benefit | ₹750 cashback on first ₹7,500 spend | 5000 bonus reward points |
| Min Income | ₹25,000/month | ₹60,000/month |
| Lounge Access | 2 domestic per year | Unlimited domestic + 6 international per year |
| Fuel Surcharge Waiver | 1% waiver on ₹400-₹5,000 txns | 1% waiver on ₹500-₹3,000 txns |
| Foreign Txn Fee | 3.5% + GST | 3.5% + GST |
| Add-On Card Fee | Free | Free |
| Rating | 4.4 | 4.6 |
| 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
SBI ELITE
Premium Lifestyle
Mastercard • Super Premium
- Complimentary Trident Privilege membership
- Unlimited domestic lounge visits
- Buy 1 Get 1 on BookMyShow
- Annual fee reversal on ₹10L spend
Verdict
Based on rating and overall value, SBI ELITE ranks highest among your selected cards. It excels at Premium Lifestyle and offers 2X reward points on dining, movies & grocery.
Frequently asked questions
Which is better: HSBC Cashback Card or SBI ELITE?
SBI ELITE has the higher CardKhoj rating (4.6/5) and is best for premium lifestyle. HSBC Cashback Card is the better fit if your priority is pure cashback. The right choice depends on where you spend most.
Which has the lower annual fee: HSBC Cashback Card and SBI ELITE?
HSBC Cashback Card is cheaper to hold at ₹750 + GST, compared with ₹4,999 + GST for SBI ELITE.
Do HSBC Cashback Card and SBI ELITE offer airport lounge access?
HSBC Cashback Card: 2 domestic per year. SBI ELITE: unlimited domestic + 6 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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