HSBC Live+ vs Swiggy BLCK HDFC Bank Credit Card
HSBC Live+ by ₹4,200 a year at ₹75,000 a month
Swiggy BLCK HDFC Bank Credit Card vs CASHBACK SBI Card
CASHBACK SBI Card vs Swiggy BLCK HDFC Bank Credit Card: which should you pick?
Two capped 5% cards. Swiggy BLCK pays 10% on Swiggy and 5% at a named list of online merchants, each under its own ₹1,500 cap a billing cycle, over a 1% base capped at ₹1,000; CASHBACK SBI pays 5% online at any merchant up to ₹2,000 of cashback a statement cycle, 1% offline up to another ₹2,000. Swiggy BLCK wins under ₹1.25L a month and CASHBACK SBI takes over from ₹1.25L. Fees are ₹1,000 against ₹999, both waived at ₹2,00,000 of spend; neither has a lounge, and both charge 3.5% abroad.
Below ₹1.25 lakh a month Swiggy BLCK HDFC Bank Credit Card is the better card; from ₹1.25 lakh up, CASHBACK SBI Card takes over, and by ₹5 lakh a month it is ₹12,000 a year ahead. At ₹75,000 a month the gap is mostly what each card earns on your spend: Swiggy BLCK HDFC Bank Credit Card returns ₹8,500 a year in rewards to CASHBACK SBI Card's ₹7,600. On the rows below, CASHBACK SBI Card has no clear edge over Swiggy BLCK HDFC Bank Credit Card.
Swiggy BLCK HDFC Bank Credit Card review CASHBACK SBI Card review
Side by side
| Fact | Swiggy BLCK HDFC Bank Credit Card | CASHBACK SBI Card |
|---|---|---|
| Can you get it | Open to apply | Open to apply |
| Fee (joining · annual, + GST) | ₹1,000/yr | ₹999/yr✓ Better |
| Fee waiver | Spend ₹2,00,000 a year | Spend ₹2,00,000 a year |
| Reward rate on everyday spend | 1.0% | 1.0% |
| Points | Statement cashback (₹) | SBI Card Cashback |
| Our value per point | ₹1.00 † | ₹1.00 † |
| Transfer partners | None | None |
| Lounges it gets you into | 0 of 792 | 0 of 792 |
| Forex markup | 3.5% + GST | 3.5% |
| Welcome benefit | Complimentary Swiggy BLCK membership for 3 months, released on card activation (activate within 37 days of issuance and claim it in the Swiggy app); an existing Swiggy One membership is cancelled and refunded so the BLCK one can be claimed | Not published — SBI lists no welcome or activation benefit for this card on the product record or in the T&C e-kit |
✓ Better marks the side that wins a row; rows that compare unlike things are not scored. CASHBACK SBI Card is ahead on 5 of the 8 rows we can call.
More facts 8 rows
| Fact | Swiggy BLCK HDFC Bank Credit Card | CASHBACK SBI Card |
|---|---|---|
| Our rank | #228 | #156✓ Better |
| Our verdict | Keep | Keep |
| Lounge visits in India | None — not among the variants the MITC's "Lounge Access" section names | None — the card is on neither Set A nor Set B of SBI's eligible-card lists |
| Lounge visits abroad | None — the MITC names other variants in its international lounge clause | None published |
| Forex, in the bank’s words | 3.5% + GST | 3.5% of the transaction amount, plus a 3.5% dynamic-currency-conversion fee; CASHBACK is in none of the MITC's reduced-markup exceptions (AURUM, Elite, Prime NRI secured, Tata Neu Infinity, Miles Elite/Prime/Miles) |
| Interest (APR) | 3.75%/mo (45%/yr) | 3.75%/mo (45%/yr) on the worked example in §1F |
| Income needed (salaried) | ₹1,00,000+/month net | ₹1k–49k/month band — SBI's own product record tags the card with the lowest income band it publishes; no hard floor is stated |
| Income needed (self-employed) | not published | Same ₹1k–49k/month band — SBI's record does not split salaried from self-employed |
† Swiggy BLCK HDFC Bank Credit Card: The unit is the rupee. HDFC's own FAQ: "CashBack is automatically credited to your card account as statement credit after it is earned", and the T&C auto-redeems it against the outstanding balance — no points, no catalogue, and no redemption request for HDFC's ₹50 cashback-redemption fee to attach to. The numbers that govern this card are the three billing-cycle ceilings: ₹1,500 on the 10% Swiggy leg, a SEPARATE ₹1,500 on the 5% online leg, and ₹1,000 on the 1% leg.
† CASHBACK SBI Card: The unit is a rupee, not a point: SBI's own T&C says the cashback "is directly credited to the SBI Card account within two working days of the statement generation", and its FAQ says "Your Card Cashback does not expire". So ₹1.00 is floor, value and ceiling alike. What bites instead is the ceiling on EARNING it — ₹2,000 a statement cycle on online spend, ₹2,000 on offline, and never more than ₹4,000 combined.
Our value per point is what we think a point is worth when you use it well; every currency's figure and its reasoning is on points values.
What each is worth to you
| Monthly spend | Swiggy BLCK HDFC Bank Credit Card | CASHBACK SBI Card |
|---|---|---|
| At ₹30,000 a month | ₹3,400✓ Better | ₹3,000 |
| At ₹75,000 a month | ₹8,500✓ Better | ₹7,600 |
| At ₹1.5 lakh a month | ₹12,000 | ₹15,100✓ Better |
| At ₹3 lakh a month | ₹12,000 | ₹24,000✓ Better |
| At ₹5 lakh a month | ₹12,000 | ₹24,000✓ Better |
| Pays for itself from | ₹9,000 a month✓ Better | ₹10,000 a month |
On an everyday mix of spending (groceries, bills, travel, fuel and the rest), using each card's own rules for each kind of spend. The same figures as each card's own page.
Every spend from ₹25,000 to ₹5 lakh 20 steps
| Monthly spend | Swiggy BLCK HDFC Bank Credit Card | CASHBACK SBI Card | Ahead |
|---|---|---|---|
| ₹25,000 | ₹2,800✓ Better | ₹2,500 | Swiggy BLCK HDFC Bank Credit Card by ₹300 |
| ₹50,000 | ₹5,600✓ Better | ₹5,000 | Swiggy BLCK HDFC Bank Credit Card by ₹600 |
| ₹75,000 | ₹8,500✓ Better | ₹7,600 | Swiggy BLCK HDFC Bank Credit Card by ₹900 |
| ₹1 lakh | ₹11,300✓ Better | ₹10,100 | Swiggy BLCK HDFC Bank Credit Card by ₹1,200 |
| ₹1.25 lakh | ₹12,000 | ₹12,600✓ Better | CASHBACK SBI Card by ₹600 |
| ₹1.5 lakh | ₹12,000 | ₹15,100✓ Better | CASHBACK SBI Card by ₹3,100 |
| ₹1.75 lakh | ₹12,000 | ₹17,600✓ Better | CASHBACK SBI Card by ₹5,600 |
| ₹2 lakh | ₹12,000 | ₹20,200✓ Better | CASHBACK SBI Card by ₹8,200 |
| ₹2.25 lakh | ₹12,000 | ₹22,700✓ Better | CASHBACK SBI Card by ₹10,700 |
| ₹2.5 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹2.75 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹3 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹3.25 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹3.5 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹3.75 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹4 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹4.25 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹4.5 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹4.75 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
| ₹5 lakh | ₹12,000 | ₹24,000✓ Better | CASHBACK SBI Card by ₹12,000 |
How we work out the yearly value
We put each card through the same everyday mix of spending, apply that card's own rules for each kind of spend (some earn nothing on fuel or bills), add its milestone and renewal bonuses at our value per point, and take off the fee unless that spend waives it. Bonus categories that need you to shop a certain way are not counted. Your own mix will differ: try your numbers in the calculator, or read how we value cards.
Before you choose
Transfer partners 0 and 0
Swiggy BLCK HDFC Bank Credit Card's Statement cashback (₹) cannot be moved to any airline or hotel; CASHBACK SBI Card's SBI Card Cashback cannot be moved to any.
Every partner and ratio is on each card's page; the best value for your points is on the transfer optimizer.
Watch out 6 points
Swiggy BLCK HDFC Bank Credit Card
- Each accelerated leg caps at ₹1,500 of cashback a billing cycle: the 10% dies at ₹15,000 of Swiggy spend a month and the 5% at ₹30,000 of online spend
- The 1% leg has its own separate ceiling of ₹1,000 a billing cycle
- HDFC's own value chart prices this card at 4.00%, on ₹40,000 a month of spend — the 10% headline is not the rate you get
CASHBACK SBI Card
- The 5% caps at ₹2,000 of cashback a statement cycle, which is ₹40,000 of online spend — past that, online earns nothing until the cycle turns
- Offline has its own ₹2,000 cap, and the T&C says aggregate cashback 'shall not exceed ₹4,000' in a statement cycle under any circumstances
- Thirteen MCC families earn 0%: fuel, wallets, rent, jewellery, education, utilities, insurance, railways, gaming, tolls, government, quasi-cash and card fees
Common questions 5 answered
Which is better, Swiggy BLCK HDFC Bank Credit Card or CASHBACK SBI Card?
Below ₹1.25 lakh a month Swiggy BLCK HDFC Bank Credit Card is the better card; from ₹1.25 lakh up, CASHBACK SBI Card takes over, and by ₹5 lakh a month it is ₹12,000 a year ahead. At ₹75,000 a month the gap is mostly what each card earns on your spend: Swiggy BLCK HDFC Bank Credit Card returns ₹8,500 a year in rewards to CASHBACK SBI Card's ₹7,600. On the rows below, CASHBACK SBI Card has no clear edge over Swiggy BLCK HDFC Bank Credit Card.
Swiggy BLCK HDFC Bank Credit Card or CASHBACK SBI Card: which is worth more at ₹3 lakh a month?
CASHBACK SBI Card beats Swiggy BLCK HDFC Bank Credit Card by ₹12,000 a year at ₹3 lakh a month. Both figures are a year's rewards and bonuses on an everyday spending mix, after the fee.
Which costs less to get, Swiggy BLCK HDFC Bank Credit Card or CASHBACK SBI Card?
CASHBACK SBI Card: ₹999/yr against ₹1,000/yr. Swiggy BLCK HDFC Bank Credit Card waives its fee if you spend ₹2,00,000 a year; CASHBACK SBI Card waives its fee if you spend ₹2,00,000 a year.
Which gets you into more airport lounges, Swiggy BLCK HDFC Bank Credit Card or CASHBACK SBI Card?
Both get you into 0 of the 792 lounges we track.
How current is this comparison?
Swiggy BLCK HDFC Bank Credit Card was last checked against its bank's own documents on 24 Oct 2026, CASHBACK SBI Card on 12 Oct 2026. Every figure here is worked out again from those records each time the site is built, so a change to either card shows up the day we log it.
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Sources
Swiggy BLCK HDFC Bank Credit Card was last checked against its bank's own documents on 24 Oct 2026, CASHBACK SBI Card on 12 Oct 2026. Every fact above comes from these 8 documents; the banks' own are marked official. A fact a bank does not publish shows as "not published", never as zero.
The documents 8 sources
- Official Swiggy BLCK product page — the ₹1,000 combined joining/renewal fee, the ₹75,000 first-year and ₹2,00,000 renewal waivers, and HDFC's value chart pricing it at 4.00% read
- Official Terms and Conditions — Swiggy BLCK HDFC Bank Credit Card, published 22 May 2026: the SEPARATE ₹1,500 caps on the 10% and 5% legs, and the ₹1,000 cap on the 1% leg read
- Official HDFC Bank Most Important Terms and Conditions, version 4.15 dated October 2026 — the ₹1,000 fee row, both waivers, and the statement-credit rule read
- Official HDFC's Swiggy card-migration FAQ — old Swiggy cardholders land on Ornge unless they opt for BLCK, which keeps its ₹1,000 annual fee read
- Official Product page — 5% online and 1% offline, the ₹999 fee both years, and the ₹2 lakh renewal reversal read
- Official Cashback T&C e-kit — the 5%/1% table, the ₹2,000 + ₹2,000 + ₹4,000 statement-cycle caps, and the full MCC exclusion list read
- Official SBI Card MITC — the ₹999/₹999 fee row with the ₹2 lakh waiver, and the 3.5% foreign-currency markup read
- Official SBI Card's Airport Lounge Access page (the Set A and Set B card lists) — the programme document this card's lounge entitlement is read against read