#1₹5,520/yr
SBI Cashback Credit Card
5% · Cashback Kings
Best net value on this list — about ₹5,520/yr in your pocket after fees on typical spends.
Cashback Kings·HSBC
10% on dining, grocery, shopping and utilities — successor to HSBC Cashback.
Age 21–60 · From ₹50,000/mo income · Unsecured
Key Benefits
All 8 benefits →Dining, grocery, shopping, utilities
10%
₹1,200/mo combined
All other spends
1.5%
Dining
10%
Cap ₹1,200/mo
Groceries
10%
Cap ₹1,200/mo
Zero sales calls. Ever.
Caps & exclusions verified · 2026-09-24
At the bank: You complete the application on their website. The bank may follow up on that application — CardHungry never calls or texts you.
We earn commission if approved — at no cost to you.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: HSBC Live+ product page (Sep 2026)
Flat cashback on spends — no points math
Visa/Mastercard — UPI credit not supported.
UPI credit uses RuPay-linked cards on apps like GPay, PhonePe, and Paytm. Rates and exclusions follow issuer MITC — verify before relying on UPI for rewards.
Source: HSBC Live+ product page (Sep 2026)
Dining, grocery, shopping, utilities
10%
Cap: ₹1,200/mo combined
Example: ₹1,200/mo spend → ≈ ₹120/mo (max at cap)
All other spends
1.5%
Example: ₹10,000/mo spend → ≈ ₹150/mo
Fee waiver at
₹2,00,000 annual spend
Lounge access
4 domestic airport lounge visits per year (1/quarter)
Spend criteria: No minimum spend required for lounge access
Based on moderate spend for this market
Est. net annual
₹14,700
per year
Annual fee
Free
per year
Effective return
4.0%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹999 · Forex 3.5% on international transactions — tap for full fees
Joining fee
Charged in first year · Bank-listed face fee (ex-GST). NAV math uses face × 1.18 GST.
₹999
Annual / renewal fee
Waived on ₹2,00,000 annual spend
₹999
Forex markup
3.5% on international transactions
Finance charges
≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid
Late payment fee
₹400–₹1,300 depending on statement balance — always pay on time
Reward redemption fee
Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee
Example: moderate user · Steady year
Signup bonus is excluded here — switch to Year 1 on the hero or open the calculator for first-year value.
Formulas and assumptions: How we calculate NAV
21–60 years · ₹50,000/mo — tap for full criteria
Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.
At moderate spend (₹31,000/mo), gross rewards are about ₹15,120/year. After the ₹999 annual fee, net value is approximately ₹14,700/year. Use the calculator above to model your own spends.
₹50,000/month for salaried applicants (indicative — bank decides).
EMI transactions, Fuel, Rent, Wallet top-ups, Insurance.
Deeper rankings and comparisons for similar use cases.
SBI Cashback Credit Card
5% · Cashback Kings
Best net value on this list — about ₹5,520/yr in your pocket after fees on typical spends.
YES ACE Credit Card
Accelerated · Cashback Kings
Strong runner-up at ₹3,990/yr net — roughly ₹1,530 behind #1 on the same spend mix.
Standard Chartered Ultimate Credit Card
5 RP/₹150 · Cashback Kings
Worth a look — ₹3,460/yr net among the eligible cards on this list.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
