Axis Bank ACE Credit Card vs HSBC Live+ Credit Card
Calculate exact net annual returns in ₹ after fee waivers, milestone rewards, categories, and caps. Card terms verified July 2026.
Quick Key Takeaways & Fact Summary
- Overall Winner: HSBC Live+ Credit Card earns higher net annual returns at standard spend tiers.
- Annual Fee: Axis Bank ACE Credit Card (₹499/yr) vs HSBC Live+ Credit Card (₹999/yr).
- Base Reward Rate: Axis Bank ACE Credit Card (1.5% Cashback) vs HSBC Live+ Credit Card (1.5% Cashback).
- Lounge Access: Axis Bank ACE Credit Card (4 dom) vs HSBC Live+ Credit Card (2 dom).
Interactive Net Returns Calculator
Adjust spend profiles to compare total net value, annual fee waivers, category earnings, and milestone bonuses.
Your Monthly Spend
₹50,000/moE-Commerce & Online
Daily Essentials
Most cards earn ₹0 rewards on fuel (surcharge waiver only).
Frequently excluded from rewards in India.
Lifestyle, Bills & Other
Almost always earns ₹0 and may carry a fee.
Often excluded or capped.
1HSBC · fee waived
2Axis Bank · fee waived
Smart verdict
Get the HSBC Live+ Credit Card — it earns you +₹12,240/yr over the Axis Bank ACE Credit Card, mostly from your groceries spend.
How Your Spends Convert to Rewards
Live calculation breakdown for Axis Bank ACE Credit Card
| Spend Category | Monthly Spend | Reward Rate | Monthly Value | Annual Value | Status / Caps |
|---|---|---|---|---|---|
Fuel | ₹4,000/mo | 0% Cashback | ₹0 | ₹0/yr | Excluded |
Rent | ₹10,000/mo | 0% Cashback | ₹0 | ₹0/yr | Excluded |
Insurance | ₹1,500/mo | 0% Cashback | ₹0 | ₹0/yr | Excluded |
Other Online Shopping | ₹6,000/mo | 1.5% Cashback | ₹90 | ₹1,080/yr | Active Earn |
Amazon Spends | ₹3,500/mo | 1.5% Cashback | ₹53 | ₹630/yr | Active Earn |
Flipkart Spends | ₹2,000/mo | 1.5% Cashback | ₹30 | ₹360/yr | Active Earn |
Dining & Food Delivery | ₹5,000/mo | 1.5% Cashback | ₹75 | ₹900/yr | Active Earn |
Utilities & Bills | ₹4,000/mo | 0% Cashback | ₹0 | ₹0/yr | Active Earn |
Travel (Flights/Hotels) | ₹4,000/mo | 1.5% Cashback | ₹60 | ₹720/yr | Active Earn |
Groceries | ₹7,000/mo | 1.5% Cashback | ₹105 | ₹1,260/yr | Active Earn |
Other / Offline | ₹3,000/mo | 1.5% Cashback | ₹45 | ₹540/yr | Active Earn |
Net annual value across spend levels
All ₹ values exclude GST. Perks like lounge access are shown separately and not added into net value. Rewards use your selected redemption mode (cashback / statement credit).
Card features side by side
Use the table for product rules; use the calculator above for value based on your actual spending.
| Feature | Axis Bank ACE Credit CardAxis Bank | HSBC Live+ Credit CardHSBC |
|---|---|---|
| Joining fee | ₹499 | ₹999 |
| Annual fee | ₹499/yr | ₹999/yr |
| Fee waiver | Spend ₹2,00,000/yr | Spend ₹2,00,000/yr |
| Base reward | 1.5% cashback | 1.5% cashback |
| Top reward categories | 0% utilities, 1.5% dining, 1.5% travel | 10% dining, 10% groceries, 10% utilities |
| Redemption friction | Auto credit | Auto credit |
| Point expiry | Never expire | Never expire |
| Lounge access | 4 dom · 0 intl⚠ 4 complimentary visits per calendar year at select domestic airports. | 2 dom · 0 intl⚠ 4 domestic visits/year (1/quarter) via Visa Signature. Primary cardholder only. |
| Forex markup | 3.5% | 3.5% |
| Fuel surcharge | 1% waiver, up to ₹500/mo | 1% waiver, up to ₹250/mo |
| Min income · salaried | Not stated | ₹6.0L/yr |
| Min income · self-employed | Not stated | ₹12.0L/yr |
| Eligibility (as stated) | Not specified (bank discretion) | Rs.6L salaried / Rs.12L self-employed |
| Recent devaluations |
| None recorded |
| Verified against |
Verdict at a Glance
Choose Axis Bank ACE Credit Card if your monthly spending is focused on utilities, dining.
Choose HSBC Live+ Credit Card if you spend heavily on dining, groceries.
Axis Bank ACE Credit Card vs HSBC Live+ Credit Card Spend Tier Breakdown
Simulated net annual returns across typical Indian monthly spending profiles.
HSBC Live+ Credit Card
At ₹25,000/month, HSBC Live+ Credit Card nets ₹12,420/yr vs Axis Bank ACE Credit Card at ₹2,790/yr — a ₹9,630 edge.
HSBC Live+ Credit Card
At ₹50,000/month, HSBC Live+ Credit Card nets ₹17,730/yr vs Axis Bank ACE Credit Card at ₹5,490/yr — a ₹12,240 edge.
HSBC Live+ Credit Card
At ₹1,00,000/month, HSBC Live+ Credit Card nets ₹22,140/yr vs Axis Bank ACE Credit Card at ₹11,520/yr — a ₹10,620 edge.
* Spend tier verdicts use standard category splits (cashback redemption mode). Actual net value depends on your specific spending categories.
Frequently Asked Questions
Which is better, Axis Bank ACE Credit Card or HSBC Live+ Credit Card?▼
At a typical ₹50,000/month spend (cashback redemption), HSBC Live+ Credit Card comes out ahead by about ₹12,240 per year, driven mostly by groceries spend. Your own split can change the answer — use the calculator above to plug in your numbers.
Which card is better for online shopping, Axis Bank ACE Credit Card or HSBC Live+ Credit Card?▼
Axis Bank ACE Credit Card earns 1.5% as a base, while HSBC Live+ Credit Card earns 1.5%. Check the accelerated online/Amazon/Flipkart rates and monthly caps in the table above, since caps often decide the winner for heavy online spenders.
What are the annual fees for Axis Bank ACE Credit Card and HSBC Live+ Credit Card?▼
Axis Bank ACE Credit Card: ₹499 + GST per year, waived on ₹2,00,000 annual spend. HSBC Live+ Credit Card: ₹999 + GST per year, waived on ₹2,00,000 annual spend.
Do Axis Bank ACE Credit Card and HSBC Live+ Credit Card earn rewards on rent, fuel and utilities?▼
Like most Indian cards, several everyday categories are excluded. Axis Bank ACE Credit Card excludes fuel, rent, insurance; HSBC Live+ Credit Card excludes fuel, insurance, rent. The calculator shows these as ₹0 earners so your net value stays honest.
Is Axis Bank ACE Credit Card ever the better pick over HSBC Live+ Credit Card?▼
Within a normal spend range at ₹50,000/month, HSBC Live+ Credit Card stays ahead. Axis Bank ACE Credit Card can still win on specific perks (lounge, forex, redemption ease) that aren't counted in the net-value maths.