HSBC Live + Credit Card Application Rejected - Need Help

[mg71999]

HSBC Cashback, now Live+, has rejected my application. I called via IVR, but they didn't provide a reason. They advised me to reapply after 30 days.
I had applied through CashKaro.
1. Should I reapply directly from HSBC's website?
2. Are there any cards that are as good as or better than the HSBC Cashback card?

 

[cc_dc_explorer]

I mentioned other options, with other cards which compete with HSBC Live Plus

Ok, so 15.5% smartbuy 5x is for which card? It will be helpful if you mention card names as well next to rewards %

 

[drsel]

Ok, so 15.5% smartbuy 5x is for which card? It will be helpful if you mention card names as well next to rewards %

HDFC INFINIA cc

 

[drsel]

Ok, so 15.5% smartbuy 5x is for which card? It will be helpful if you mention card names as well next to rewards %

Dining options
1) HSBC Live + for all restaurant Dining 10% upto 1000 on 10000
2) Eazydiner you can get 25+30% discount, but only on select cheap to expensive restaurants in the main cities in India and Dubai.

Grocery options
1) HSBC Live + for all Grocery 10% up to 1000 on 10000
2) Big basket 20% discount 500 on 2500 using IndusInd exclusive debit card
3) Flipkart 24% via Grabdeals 5x using Magnus Burgundy, or 15.5% via Smartbuy 5x using Infinia
In addition to the above discounts, with online groceries you get much lower prices than local baniyas, plus special offers and free home delivery.

Food delivery options
1) HSBC Live + for Swiggy Zomato food delivery 10% upto 1000 on 10000
2) Zomato more than 10% discount using Amazon pay.
3) Swiggy 15.5% via Smartbuy 5x using Infinia

 

[CcMaverick]

I am using Milkbasket to order milk regularly but now they have removed APay option for loading the wallet.
Does HSBC Live+ help here? Will milkbasket wallet load go under grocery shopping of 10%?

Also, is there any other card that will help with milkbasket wallet load?

 

[helloworld]

I am using Milkbasket to order milk regularly but now they have removed APay option for loading the wallet.
Does HSBC Live+ help here? Will milkbasket wallet load go under grocery shopping of 10%?

Also, is there any other card that will help with milkbasket wallet load?

mcc's vary from time to time. better load a sample 100rs. and call support to enquiry about mcc. HSBC very helpful and provide you mcc, based on that load remaining amount.

 

[CcMaverick]

mcc's vary from time to time. better load a sample 100rs. and call support to enquiry about mcc. HSBC very helpful and provide you mcc, based on that load remaining amount.

Actually I dont have HSBC, but planning to get a new card which can help with milkbasket as that is one of the major spends for me.
Will try to spend on infinia & check with their customer care about MCC and then get a card accordingly (maybe sbi cb, or hsbc)

 

[helloworld]

Actually I dont have HSBC, but planning to get a new card which can help with milkbasket as that is one of the major spends for me.
Will try to spend on infinia & check with their customer care about MCC and then get a card accordingly (maybe sbi cb, or hsbc)

then not recommended. as mentioned things change month after month, what may work today maynot work for tomorrow. If you really have major use case (such as: Dining, Grocery, Food Delivery apps) then only apply, after that you can look for milkbased, or daily apps.

 

[jetesh]

I have been an account holder with HSBC since 2022 and recently applied for a credit card at one of your branches. During the application process, I was informed that only salaried individuals are eligible for the standard HSBC credit card, which I found quite limiting.

So, I also inquired about the possibility of obtaining a fixed deposit (FD) based secured credit card; however, I was told that this option is not available either.

 

[helloworld]

During the application process, I was informed that only salaried individuals are eligible for the standard HSBC credit card, which I found quite limiting.

 

[roshan mothukuri]

HSBC, SBI and few other banks consider this over leverage concept..

Ex:

In CIBIL,

HDFC CC 1 limit: 800000
HDFC CC 2 limit: 800000
HDFC CC 3 limit: 800000 (though in HDFC its shared limit)

AXS CC 1 limit: 700000
AXS CC 2 limit: 700000
AXS CC 3 limit: 700000
AXS CC 4 limit: 700000 (though in AXS its shared limit)

In total, you have 52L limit compared to your salary of assume 1.5L limit. then its 35x more than your income.

Search results for query: over leverage

www.technofino.in

😵.......

Mine also over leveraged. I had active 25 credit cards when I applied HSBC live+. and salary to limit ratio is 47x. and i have 3 hdfc credit cards and 4 axis cards. Cibil hit was 1 in the last 3 months.

Still HSBC approved my card last month.

limit u got??