HSBC Live+ Credit Card Review | HSBC Cashback Credit Card Rebranded

Editor’s note: This is a recurring post, regularly updated with new information and offers. Last Updated 15th July, 2024.

HSBC revamped their Cashback Credit Card back in December 2023, and I would say it stood out as an exception in a season of brutal devaluations. Since earning points for travel is becoming increasingly difficult, many people are shifting to cashback credit cards to enhance their value back. Now, in July 2024, they have just rebranded their Cashback Credit Card as the Live+ Credit Card with a fresh design. In terms of benefits, nothing has actually changed.

Here's a quick review of this great credit card from HSBC Bank!

Charges and Welcome Benefits​

Joining Fees​	₹999 + GST​
Welcome Benefits​	Amazon voucher worth ₹1000 on spending ₹10000 within the first 30 days​
Annual Fees​	₹999 + GST​
Annual Benefits​	NIL​
Annual Fee Waiver​	Spend ₹2L on your card in a year for an annual fee waiver*.​
Add-on Fees​	NIL​
Card Category​	Cashback​

The welcome voucher compensates the joining fee but there will be no annual benefits for paying the annual fees.

Reward Rate​

Spends Area​	CashbackRate​	Capping​
All dining, food delivery and grocery spends​	10%​	₹1000​
All Other Spends*​	1.50%​	Unlimited​

• *Cashback cannot be earned on transactions made on Fuel, e-wallets, rental payments, Business to Business transactions, education and government payments, Insurance, Jewelry and antique items, Gambling, Tolls and Bridge Fees, Financial and Non-Financial Institutions, Security Broker Services, Collection Agencies, Charity, Money Transfers and Wholesale Clubs.​
• Your cashback will be credited within 45 days after the statement generation date​
• No cash-back redemption fee is applicable​

Other Benefits​

Airport Lounge Access​

Domestic Airport Lounge Access
Complimentary Limit – 4 Visits/ Calendar year (1 per quarter) within India only for primary cardholders.
Access Via – Credit Card

Fuel Surcharge Waiver​

No fuel surcharge waiver is applicable on this card.

Forex Markup​

Forex markup charges are applicable of 3.5%+GST.

Eligibility​

• You must be aged between 18 to 65​
• Your annual income must be at least INR400,000 per annum (for salaried individuals)​
• You must be an Indian resident​
• You must reside in any of the following cities: Bangalore, Chennai, Gurgaon, Hyderabad, Mumbai, New Delhi, Noida, Pune​

HSBC Bank is currently only offering their credit cards to salaried individuals that too very strictly. If you are a self-employed individual then you may try your luck by opening a premium bank account against a huge NRV.

TechnoFino Recommends​

After the revaluation of the HSBC Cashback Credit Card back in December 2023, it became one of the best cashback cards for offline and online dining and grocery spends. The recent rebranding is just a name change to the Live+ Credit Card, but nothing has changed in terms of benefits. This is a simple, no-nonsense cashback card from HSBC Bank that caters to both groceries and dining at a flat 10% rate, which I would say is unprecedented. Earlier, Kotak was offering similar cashback on their Essentia and Delight Credit Cards with some conditions, but these have now been discontinued.

If you are looking for a great multi-utility card for all your grocery and dining spending then this card should be there in your wallet! Not to worry about the fees since in festive time reaching that upper cap on 10% cashback even for just one time will make your card free virtually for the year. This card is in direct competition with the HDFC Swiggy card now.

Are you planning to get this card? Tell us in the comments below about your experience.

 

[hellobois]

Yes Bbdaily wallet only.

This looks very lucrative but I would like to add some points to it .
the big basket charges delivery fee for only milk delivery. there is a fixed charge of rupees 4 per day if you order only milk from Big basket however if you add any other grocery item then there will there will be no delivery fee.
So for people like me I order one litre milk everyday for rupees 58 and I get 10% cashback that is 5.8 rupees - 4 rupees for delivery charges so net 1.8 rupees per day and for those who have more requirement this is the best deal available.

 

[RajMahadik]

Here's how the application process went for me (in that order):

Jan 30 2024- Applied on website
Jan 30 2024- VKYC executive asked me if I stay on Aadhaar address and even after telling him I have been on my current address for more than 10 years and have other address proofs for the same, he told me that I would have to get the aadhar address updated first and re-apply.
Jan 30 2024- Got the call from customer support team apologizing and she asked me to send email to designated address for consideration of length of stability/stay at my current address.She also made sure I redo vkyc and followed through on that and called back to inform post vkyc that it is completed successfully and should there be any issues in the application then she would keep me informed.No address proof was asked.
1 Feb 2024- Received SMS telling me to expect another message within 2 days on how to generate card pin
2 Feb 2024- SMS on shipment sent from Blue dart
2 Feb 2024- SMS on Arriving today from Blue dart
2 Feb 2024- SMS of card approved
2 Feb 2024- Card received

Received SMS telling me to expect another message within 2 days on how to generate card pin.

But no mail received... what to do ? Is it approved?

@Sai Ganesh @S S V @4uziaul

 

[zaid_2913]

Received SMS telling me to expect another message within 2 days on how to generate card pin.

But no mail received... what to do ? Is it approved?

@Sai Ganesh @S S V @4uziaul

Yes it’s approved congratulations, sometimes u will get approved message after you receive the card. By Monday u will get tracking details from blue-dart.

 

[vishals]

I have part paid my hsbc cb cc bill from bill pay on 7th Feb, but it's still not showing credited in the app. Has anyone faced such issue or how are you paying your bills?

 

[telescope]

I have part paid my hsbc cb cc bill from bill pay on 7th Feb, but it's still not showing credited in the app. Has anyone faced such issue or how are you paying your bills?

Wait for few days. Happens often with HSBC. What's the mode of payment?

Paying by NEFT better IMO

 

[RajMahadik]

Yes it’s approved congratulations, sometimes u will get approved message after you receive the card. By Monday u will get tracking details from blue-dart.

Thank you so much sir...

got this msg on friday evening... but due to 2nd Saturday bank holiday, i haven't received any bluedart shipment...let see on monday...

 

[Sriim]

My aadhar address (home) is not serviceable but where I am working (my office add) is serviceable. Can I apply for this card? Is there any provision for same?

I have the opposite issue. My aadhar address is serviceable. But office address is non serviceable (it'll be provided on payslip).

My SC smart application rejected for same reason.

How to get this card?

 

[vishals]

Wait for few days. Happens often with HSBC. What's the mode of payment?

Paying by NEFT better IMO

Paid using UPI

 

[kunal.exe]

Paid using UPI

Could take as long as 7 working days. Paid via HDFC bill pay on 21st Jan, showed in app on 30 Jan but the payment date was 21.

 

[telescope]

Paid using UPI

it's taking longer than usual, but don't worry, it'll get posted in cc account.

 

[RajMahadik]

Yes it’s approved congratulations, sometimes u will get approved message after you receive the card. By Monday u will get tracking details from blue-dart.

Thank you so much sir...

got this msg on friday evening... but due to 2nd Saturday bank holiday, i haven't received any bluedart shipment...let see on monday...

Got approved msg just now..

No dispatch msg of bluedart yet

 

[Sriim]

My aadhar and current address are different, they delivered card on current address and no proof asked for current address.

My aadhar address is in serviceable area. My current address and office address is in non serviceable area.

Do they ask office address? Any tips on how to apply?

 

[hellobois]

Cashkaro gave me 2000 for HSBC cashback credit card application. 😎😎

 

[siddiqsd24]

So tell me when u did transaction in dmart reliance Smart stores what is category is got in statement and 10% or 1% cashabck

I got 10% for Dmart Transactions

 

[sudheer102]

My aadhar address is in serviceable area. My current address and office address is in non serviceable area.

Do they ask office address? Any tips on how to apply?

yes, they asked for office address. And also they have done physical verification at office and current address, with a third party verification company.

Not sure whether they will accept the non serviceable current address.

 

[Sriim]

yes, they asked for office address. And also they have done physical verification at office and current address, with a third party verification company.

Not sure whether they will accept the non serviceable current address.

I can mention my aadhar address as current address. But don't know what i can do with my office address

 

[vishals]

Could take as long as 7 working days. Paid via HDFC bill pay on 21st Jan, showed in app on 30 Jan but the payment date was 21.

This is so annoying 😑 Unnecessary tension

 

[Sriim]

yes, they asked for office address. And also they have done physical verification at office and current address, with a third party verification company.

Not sure whether they will accept the non serviceable current address.

They did physical verification even after vkyc?

 

[Sriim]

+1 easy process applied to a different address and also got cashkaro benefits

Physical verification done at address?

 

[Sriim]

Not true, atleast in my case. My current and Aadhar address both are different and they delivered card on my current address.

Physical verification was done?