#1₹7,470/yr
HSBC Live+ Credit Card
10% · Cashback Kings
Best net value on this list — about ₹7,470/yr in your pocket after fees on typical spends.
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Cashback Kings·SBI Card
Best for Amazon, Flipkart and online bill payments.
Age 21–60 · From ₹25,000/mo income · Unsecured
Key Benefits
All 10 benefits →Online spends
5%
₹2,000/statement cycle
Offline (POS)
1%
₹2,000/statement cycle
Total max cashback
₹4,000/cycle combined
Fuel surcharge
1% waiver
₹100/cycle on ₹500–₹3,000 txn
Zero sales calls. Ever.
Caps & exclusions verified · 2026-07-01
On the bank's site: You'll apply on the bank's website. They may ask for contact details and follow up on your application.
We earn commission if approved — at no cost to you.
Issuer updates and CardHungry deep-dives that affect this card.
11 Jul 2026
Every Credit Card Benefit Cut in India: 2025–2026 Tracker (HDFC, SBI, Axis, ICICI, Amex)
Banks didn’t tweak rewards — they capped, gated, and thinned them. Here’s what changed at the five big issuers, who loses ₹, and what still works.
11 Jul 2026
Your New Rights From January 2027: RBI’s Mis-Selling Framework Explained in Plain Language
Banks can no longer push add-ons with confusing consent or dark-pattern apps. Here’s what changes for you — and how to complain if something was mis-sold.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: SBI Card T&Cs (revised Apr 2026)
Flat cashback on spends — no points math
Source: SBI Card T&Cs (revised Apr 2026)
Online spends
Max ₹40K online to fully utilise
5%
Cap: ₹2,000/statement cycle
Example: ₹2,000/mo spend → ≈ ₹100/mo (max at cap)
Offline (POS)
1%
Cap: ₹2,000/statement cycle
Example: ₹2,000/mo spend → ≈ ₹20/mo (max at cap)
Total max cashback
—
Cap: ₹4,000/cycle combined
Fuel surcharge
1% waiver
Cap: ₹100/cycle on ₹500–₹3,000 txn
Fee waiver at
₹2,00,000 annual spend
Based on moderate spend for this market
Est. net annual
₹5,520
per year
Annual fee
Free
per year
Effective return
1.5%
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
₹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 · ₹25,000/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 ₹5,940/year. After the ₹999 annual fee, net value is approximately ₹5,520/year. Use the calculator above to model your own spends.
₹25,000/month for salaried applicants (indicative — bank decides).
Fuel, Utilities, Insurance, Rent, Wallet loads, EMI transactions, Education, Jewellery, Railways, Gaming, Tolls, Govt payments.
Deeper rankings and comparisons for similar use cases.
HSBC Live+ Credit Card
10% · Cashback Kings
Best net value on this list — about ₹7,470/yr in your pocket after fees on typical spends.
HSBC Cashback Credit Card
10% · Cashback Kings
Strong runner-up at ₹6,291/yr net — roughly ₹1,179 behind #1 on the same spend mix.
American Express SmartEarn Credit Card
10X Membership Rewards · Cashback Kings
Worth a look — ₹5,880/yr net, still ahead of 0 other eligible cards.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
