Fi-Federal Amplifi vs HSBC Cashback
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
HSBC Cashback Credit Card wins 4 of 8 dimensions with a CardTrail Score of 8.2/10 vs 8.0/10.
| Feature | Fi-Federal Amplifi | HSBC Cashback |
|---|---|---|
| CardTrail Score | 8.0/10 | 8.2/10 |
| Annual Fee | ₹2,000 | ₹999 |
| Base Reward Rate | 1% | 1.5% |
| Max Reward Rate | 3% | 10% |
| Forex Markup | 1.5% | 3.5% |
| Domestic Lounges | 1 | 1 |
| International Lounges | 0 | 0 |
| Fuel Surcharge Waiver | Yes | Yes |
| Network | Visa | Visa |
When to Choose Fi-Federal Amplifi
- You can meet the fee waiver condition: Spend ₹2.5L/year
- You travel internationally — saves ₹2,000/year on ₹1L forex spend
- Your primary spend is: forex, digital-native, cashback
When to Choose HSBC Cashback
- You can meet the fee waiver condition: Spend ₹2L/year
- You want higher rewards — up to 10% vs 3%
- Your primary spend is: cashback, online-shopping
Forex Cost Comparison
On ₹1,00,000 annual international spending: Fi-Federal Amplifi costs ₹1,770 in forex fees vs HSBC Cashback at ₹4,130. You save ₹2,360/year with Fi-Federal Amplifi.
Annual Fee Value Analysis
To break even on Fi-Federal Amplifi's ₹2,000 fee at 1% rewards, spend ₹16,667/month.
To break even on HSBC Cashback's ₹999 fee at 1.5% rewards, spend ₹5,550/month.