Compare AU InstaPay and HSBC RuPay Cashback on annual fees, joining fees, rewards, benefits and important limitations.
AU Small Finance Bank
1% cashback on eligible merchant UPI purchases of ₹200 or more
Annual fee: No annual fee
Joining fee: No joining fee
Network: RuPay
AU InstaPay is a no-annual-fee option centred on shopping rewards, dining rewards and straightforward cashback.
HSBC India
10% cashback on eligible dining, food delivery and groceries; 1% on other eligible purchases
Annual fee: ₹499 + GST (waived on over ₹2 lakh eligible annual spend)
Joining fee: ₹499 + GST
Network: RuPay / JCB
HSBC RuPay Cashback is a paid card focused on straightforward cashback, shopping rewards and dining rewards, charging ₹499 annually before GST.
Facts were last checked 2026-10-09. Follow each card page to the linked issuer terms before applying.