HSBC Live+ vs Scapia (Federal Bank)
Scapia (Federal Bank) by ₹2,400 a year at ₹75,000 a month
HSBC Live+ vs Swiggy BLCK HDFC Bank Credit Card
Swiggy BLCK HDFC Bank Credit Card vs HSBC Live+: which should you pick?
The two food-delivery cashback cards at ₹999 and ₹1,000, both waived at ₹2,00,000 of spend. Live+ pays 10% on dining, food delivery, groceries, shopping and utilities under one ₹1,200 cap a month and 1.5% on most other spend with no cap; 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. Live+ out-earns Swiggy BLCK at every spend level the page tests, by more once BLCK's 1% cap binds. Live+ charges 1.99% abroad but pays nothing on international spends; BLCK charges 3.5%. Live+ opens two domestic lounge visits a year and one international; BLCK none.
HSBC Live+ is the better card at every spend we test, and its lead over Swiggy BLCK HDFC Bank Credit Card grows as you spend more: ₹1,400 a year at ₹25,000 a month, ₹72,600 at ₹5 lakh. At ₹75,000 a month the gap is mostly what each card earns on your spend: HSBC Live+ returns ₹12,700 a year in rewards to Swiggy BLCK HDFC Bank Credit Card's ₹8,500. We found nothing Swiggy BLCK HDFC Bank Credit Card does clearly better than HSBC Live+ on the rows below.
Swiggy BLCK HDFC Bank Credit Card's ongoing earn stops at ₹1,00,000 of spend a month, where HSBC Live+'s doesn't.
Side by side
| Fact | HSBC Live+ | Swiggy BLCK HDFC Bank Credit Card |
|---|---|---|
| Can you get it | Open to apply | Open to apply |
| Fee (joining · annual, + GST) | ₹999/yr✓ Better | ₹1,000/yr |
| Fee waiver | Spend ₹2,00,000 a year | Spend ₹2,00,000 a year |
| Reward rate on everyday spend | 1.5%✓ Better | 1.0% |
| Points | HSBC Cashback | Statement 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 | 1.99% + GST✓ Better | 3.5% + GST |
| Welcome benefit | ₹1,000 cashback for downloading and logging on to the HSBC India app and spending ₹25,000 within 30 days of card issuance, plus a voucher worth ₹750 for Amazon Pay, Zomato or Swiggy on activation with a single transaction of ₹300 or more, and a ₹250 Amazon eGift Voucher for a video-verified online application | 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 |
✓ Better marks the side that wins a row; rows that compare unlike things are not scored. HSBC Live+ is ahead on 10 of the 10 rows we can call.
More facts 7 rows
| Fact | HSBC Live+ | Swiggy BLCK HDFC Bank Credit Card |
|---|---|---|
| Our rank | #45✓ Better | #228 |
| Our verdict | Keep | Keep |
| Lounge visits in India | 2 visits/yr — no more than one every 6 calendar months | None — not among the variants the MITC's "Lounge Access" section names |
| Lounge visits abroad | 1 visit/calendar year, in force since 1 September 2026; booked through HSBC's Thriwe platform (hsbcliveplus.thriwe.com) | None — the MITC names other variants in its international lounge clause |
| Interest (APR) | 3.75%/mo (45%/yr), computed from transaction date | 3.75%/mo (45%/yr) |
| Income needed (salaried) | ₹6L+/yr; age 18–65 | ₹1,00,000+/month net |
| Income needed (self-employed) | ₹12L+/yr; age 25–65 | not published |
† 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.
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 | HSBC Live+ | Swiggy BLCK HDFC Bank Credit Card |
|---|---|---|
| At ₹30,000 a month | ₹5,100✓ Better | ₹3,400 |
| At ₹75,000 a month | ₹12,700✓ Better | ₹8,500 |
| At ₹1.5 lakh a month | ₹25,400✓ Better | ₹12,000 |
| At ₹3 lakh a month | ₹50,800✓ Better | ₹12,000 |
| At ₹5 lakh a month | ₹84,600✓ Better | ₹12,000 |
| Pays for itself from | ₹6,000 a month✓ Better | ₹9,000 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 | HSBC Live+ | Swiggy BLCK HDFC Bank Credit Card | Ahead |
|---|---|---|---|
| ₹25,000 | ₹4,200✓ Better | ₹2,800 | HSBC Live+ by ₹1,400 |
| ₹50,000 | ₹8,500✓ Better | ₹5,600 | HSBC Live+ by ₹2,900 |
| ₹75,000 | ₹12,700✓ Better | ₹8,500 | HSBC Live+ by ₹4,200 |
| ₹1 lakh | ₹16,900✓ Better | ₹11,300 | HSBC Live+ by ₹5,600 |
| ₹1.25 lakh | ₹21,200✓ Better | ₹12,000 | HSBC Live+ by ₹9,200 |
| ₹1.5 lakh | ₹25,400✓ Better | ₹12,000 | HSBC Live+ by ₹13,400 |
| ₹1.75 lakh | ₹29,600✓ Better | ₹12,000 | HSBC Live+ by ₹17,600 |
| ₹2 lakh | ₹33,800✓ Better | ₹12,000 | HSBC Live+ by ₹21,800 |
| ₹2.25 lakh | ₹38,100✓ Better | ₹12,000 | HSBC Live+ by ₹26,100 |
| ₹2.5 lakh | ₹42,300✓ Better | ₹12,000 | HSBC Live+ by ₹30,300 |
| ₹2.75 lakh | ₹46,500✓ Better | ₹12,000 | HSBC Live+ by ₹34,500 |
| ₹3 lakh | ₹50,800✓ Better | ₹12,000 | HSBC Live+ by ₹38,800 |
| ₹3.25 lakh | ₹55,000✓ Better | ₹12,000 | HSBC Live+ by ₹43,000 |
| ₹3.5 lakh | ₹59,200✓ Better | ₹12,000 | HSBC Live+ by ₹47,200 |
| ₹3.75 lakh | ₹63,500✓ Better | ₹12,000 | HSBC Live+ by ₹51,500 |
| ₹4 lakh | ₹67,700✓ Better | ₹12,000 | HSBC Live+ by ₹55,700 |
| ₹4.25 lakh | ₹71,900✓ Better | ₹12,000 | HSBC Live+ by ₹59,900 |
| ₹4.5 lakh | ₹76,100✓ Better | ₹12,000 | HSBC Live+ by ₹64,100 |
| ₹4.75 lakh | ₹80,400✓ Better | ₹12,000 | HSBC Live+ by ₹68,400 |
| ₹5 lakh | ₹84,600✓ Better | ₹12,000 | HSBC Live+ by ₹72,600 |
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
HSBC Live+'s HSBC Cashback cannot be moved to any airline or hotel; Swiggy BLCK HDFC Bank Credit Card's Statement 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
HSBC Live+
- International spends earn NO cashback — HSBC removed it when it cut the markup to 1.99%
- The 10% rate is capped at ₹1,200 a month, and Amazon and Flipkart are explicitly excluded from it — Myntra keeps the 10% only until 31 October 2026, then joins them at 1.5%
- Cashback is 0% on fuel, rent, insurance, education, government, financial institutions, e-wallets, jewellery, hospitals and business-to-business MCCs
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
Common questions 5 answered
Which is better, HSBC Live+ or Swiggy BLCK HDFC Bank Credit Card?
HSBC Live+ is the better card at every spend we test, and its lead over Swiggy BLCK HDFC Bank Credit Card grows as you spend more: ₹1,400 a year at ₹25,000 a month, ₹72,600 at ₹5 lakh. At ₹75,000 a month the gap is mostly what each card earns on your spend: HSBC Live+ returns ₹12,700 a year in rewards to Swiggy BLCK HDFC Bank Credit Card's ₹8,500. We found nothing Swiggy BLCK HDFC Bank Credit Card does clearly better than HSBC Live+ on the rows below.
HSBC Live+ or Swiggy BLCK HDFC Bank Credit Card: which is worth more at ₹3 lakh a month?
HSBC Live+ beats Swiggy BLCK HDFC Bank Credit Card by ₹38,800 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, HSBC Live+ or Swiggy BLCK HDFC Bank Credit Card?
HSBC Live+: ₹999/yr against ₹1,000/yr. HSBC Live+ waives its fee if you spend ₹2,00,000 a year; Swiggy BLCK HDFC Bank Credit Card waives its fee if you spend ₹2,00,000 a year.
Which gets you into more airport lounges, HSBC Live+ or Swiggy BLCK HDFC Bank Credit Card?
Both get you into 0 of the 792 lounges we track.
How current is this comparison?
HSBC Live+ was last checked against its bank's own documents on 26 Oct 2026, Swiggy BLCK HDFC Bank Credit Card on 24 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.
Related comparisons
HSBC Live+ vs Amazon Pay ICICI Bank
HSBC Live+ by ₹5,100 a year at ₹75,000 a month
HSBC Live+ vs Axis Bank ACE
Level at ₹75,000 a month
More on these two cards 16 pages
- What HSBC Cashback are worth
- What Statement cashback (₹) are worth
- HSBC Live+: joint #1 for Telecom
- HSBC Live+: joint #1 for Dining
- HSBC Live+: joint #1 for Utilities
- HSBC Live+: #2 for Groceries
- Best card for the Amazon & Flipkart sales
- Credit card forex markup in India, bank by bank
- HSBC Live+ vs HDFC Bank Millennia
- HSBC Live+ vs CASHBACK SBI Card
- Kotak Cashback+ vs HSBC Live+
- Swiggy BLCK HDFC Bank Credit Card vs Amazon Pay ICICI Bank
- Swiggy BLCK HDFC Bank Credit Card vs HDFC Bank Millennia
- Swiggy BLCK HDFC Bank Credit Card vs CASHBACK SBI Card
- Swiggy BLCK HDFC Bank Credit Card vs Swiggy Ornge HDFC Bank Credit Card
- Swiggy BLCK HDFC Bank Credit Card vs Airtel Axis Bank Credit Card
Sources
HSBC Live+ was last checked against its bank's own documents on 26 Oct 2026, Swiggy BLCK HDFC Bank Credit Card on 24 Oct 2026. Every fact above comes from these 10 documents; the banks' own are marked official. A fact a bank does not publish shows as "not published", never as zero.
The documents 10 sources
- Official District by Zomato offer T&C (1 Aug–31 Oct 2026) — the Movies row names this card for a buy-one-get-one up to ₹200 off the second ticket, once a calendar month, Fridays and Saturdays read
- Official Shared Platinum / Live+ tariff sheet — Live+ ₹999 a year, reversed with GST above ₹2,00,000 of eligible spend, and 1.99% on foreign currency where Platinum pays 3.5% read
- Official Service Guide — 10% cashback capped at ₹1,200/month on dining, groceries, shopping and utilities, MCC-classified; 1.5% unlimited elsewhere; three lounge visits a year read
- Official Welcome cashback T&C — ₹1,000 for downloading the HSBC India mobile app and transacting ₹25,000 within 30 days of issuance, for cards applied for between 26 July 2026 and 31 December 2026 read
- Official Product page — Visa Infinite, three welcome clauses, 10% at Myntra until 31 October 2026, the international lounge visit now live via Thriwe, and a 1GB global eSIM a year read
- Official The retired HSBC Cashback Credit Card page — HSBC states there that the Cashback Credit Card is now this card read
- 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