Find my best card →
faayda.com › compare › HSBC RuPay Cashback vs Axis ACE
Comparison · हिन्दी

HSBC RuPay Cashback vs Axis ACE

Both cards compared on real rupee returns for best UPI cashback credit card India. We ran the numbers so you can make the right call.

Last updated: · Based on current card terms
HSBC INDIA
RUPAY CASHBACK
ASHOK KUMAR
VS
AXIS
ACE
ASHOK KUMAR
Our verdict
Axis ACE Credit Card wins for most people
Axis ACE wins with ₹4,961 annual benefit versus HSBC RuPay Cashback's ₹4,301. Axis ACE's consistent 5% utility rewards and 4% dining cashback align better with your spend pattern.
Side-by-side comparison
HSBC RuPay Cashback Credit Card Axis ACE Credit Card ✓
Annual benefit ₹4,301 ₹4,961
Annual feeThe yearly fee a bank charges for holding the card, often waived if you spend enough in a year.Full definition → ₹499 + taxes (waived on ₹2,00,000/year spend) ₹499 + taxes (waived on ₹2L annual spend)
Reward rateCashback pays you directly in rupees; reward points need converting first, and their real value depends on the redemption ratio.Full definition → 10% cashback on dining, food delivery and groceries; 1% on other eligible spends; total cashback capped at ₹400 a month; no cashback on fuel, wallets, rent, insurance, education, government or jewellery 5% cashback on utility bills via Google Pay; 4% on Swiggy, Zomato, Ola; 1.5% on all other spends
Lounge accessFree entry to airport lounges, usually limited to a set number of visits per quarter or year.Full definition → 2 domestic visits/quarter (8/year); 2 international visits/year 4 domestic visits/year (on ₹50,000/quarter spend)
Forex markupThe extra fee your bank adds on top of the real exchange rate for any spend in a foreign currency.Full definition → 0% (until 31 December 2026) 3.5%
Best for Food delivery and grocery spenders wanting a low-fee RuPay card for UPI Utility bill payments and everyday flat cashback
Min. incomeThe minimum income, credit score, and other conditions a bank requires before approving your application.Full definition → ₹6L+/year ₹3L+ per year
Credit scoreYour 3-digit credit score (300-900), higher scores make approval easier and can unlock better cards.Full definition → 700+ 700+
Apply now ↗ Full review →
Apply now ↗ Full review →
When each card wins
HSBC RuPay Cashback Credit Card
HSBC RuPay Cashback excels if you maximize 10% grocery and food delivery rewards. Choose it for heavy grocery shopping and frequent food delivery orders beyond your current profile.
Axis ACE Credit Card
Axis ACE wins when utility bills are a priority. Its 5% Google Pay utility cashback on your ₹4,000 monthly utilities, combined with 4% dining rewards, delivers superior overall returns.
Who should get which card
Get HSBC RuPay Cashback if you…
· Heavy grocery and food delivery spenders
· Those prioritizing UPI-first RuPay benefits
· Budget-conscious shoppers wanting 10% grocery cashback
Get Axis ACE if you…
· Utility bill payers using Google Pay
· Balanced spenders seeking flat 1.5% catch-all rewards
· Swiggy and Zomato frequent users
· Those wanting higher overall annual benefits
Partner offer
YES Bank ACE Credit Card
Everyday online shoppers wanting a low-fee, easily-waived entry card with a straightforward tiered reward structure
Apply now →
YES
ASHOK KUMAR

See which card suits your exact spending

Get a personalised rupee estimate based on how you actually spend

Try the tool →

Already have one of these cards?

Upload your credit card statement. We'll show your real cashback, catch subscriptions, and flag if you're leaving money on the table

Analyse my statement →
Related guides
HSBC Visa Platinum vs HSBC RuPay Cashback →HDFC Millennia vs Axis ACE →Axis ACE vs SBI Cashback →IDFC FIRST Wealth vs Axis ACE →Best Dining Credit Cards →Best Credit Cards for Swiggy and Zomato →Best Credit Cards for Grocery Shopping →
Frequently asked questions
Based on our analysis, Axis ACE Credit Card offers better annual returns for most spend profiles.
HSBC RuPay Cashback Credit Card has an annual fee of ₹499 + taxes (waived on ₹2,00,000/year spend). Axis ACE Credit Card has an annual fee of ₹499 + taxes (waived on ₹2L annual spend).
HSBC RuPay Cashback Credit Card offers 10% cashback on dining, food delivery and groceries; 1% on other eligible spends; total cashback capped at ₹400 a month; no cashback on fuel, wallets, rent, insurance, education, government or jewellery. Axis ACE Credit Card offers 5% cashback on utility bills via Google Pay; 4% on Swiggy, Zomato, Ola; 1.5% on all other spends.
HSBC RuPay Cashback Credit Card lounge access: 2 domestic visits/quarter (8/year); 2 international visits/year. Axis ACE Credit Card lounge access: 4 domestic visits/year (on ₹50,000/quarter spend).
HSBC RuPay Cashback Credit Card charges 0% (until 31 December 2026) forex markup. Axis ACE Credit Card charges 3.5% forex markup.