HSBC Cashback Card vs SBI SimplySAVE
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 | SBI |
| Card Type | Cashback | Rewards |
| Annual Fee | ₹750 + GST | ₹499 + GST |
| Joining Fee | ₹750 + GST | ₹499 + GST |
| Rewards | 1.5% unlimited cashback on all spends | 10X rewards on dining, grocery, movies & dept stores |
| Best For | Pure Cashback | Everyday Spending |
| 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 | ₹25,000 - ₹3,00,000 |
| Welcome Benefit | ₹750 cashback on first ₹7,500 spend | 500 bonus reward points |
| Min Income | ₹25,000/month | ₹20,000/month |
| Lounge Access | 2 domestic per year | None |
| 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 | ₹249 + GST |
| Rating | 4.4 | 4.2 |
| 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 SimplySAVE
Everyday Spending
Visa • Rewards
- ₹500 annual fee waiver on ₹1L spend
- Fuel surcharge waiver
- 5X rewards on all other spends
- Contactless payments enabled
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 SBI SimplySAVE?
HSBC Cashback Card has the higher CardKhoj rating (4.4/5) and is best for pure cashback. SBI SimplySAVE is the better fit if your priority is everyday spending. The right choice depends on where you spend most.
Which has the lower annual fee: HSBC Cashback Card and SBI SimplySAVE?
SBI SimplySAVE is cheaper to hold at ₹499 + GST, compared with ₹750 + GST for HSBC Cashback Card.
Do HSBC Cashback Card and SBI SimplySAVE offer airport lounge access?
HSBC Cashback Card: 2 domestic per year. SBI SimplySAVE: no complimentary lounge access.
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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