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.

 

[Rdspam]

I applied for HSBC Cashback via cashkaro, but I was unable to complete vkyc as it was midnight. The next day I get a call from an agent and I tell them I will do the vkyc later. I get some messages with the agent's initials as reference number asking me to complete vkyc.

I ignore those messages, and complete videokyc using the link which was originally shared via email when I tried to apply at midnight. I complete the vkyc and I get a vkyc completed email as well. But I am still getting texts and emails with the reference no. as agent's initials, to complete vkyc even though I had already completed it.


Did the agent do any foul play? Do I need to do the vkyc again? Will I get the cashkaro benefit if I do the vkyc again?

The HSBC application process is very messy. I was getting vkyc emails much after my application was processed and approved as well. Just wait and give it time. Can’t say about cashkaro part as I did it directly though.

 

[justzeus1]

This means Hsbc can issue only 9,99,999 cashback cards.
I dont think so, it wud be that the first 8 digits are the same- thats the case with one other card company.

Even if thats the case, refrain from asking all this card digits- and no one shud share it with u (not to with a new member, and also not with the technofino founder).

@TechnoFino i think the above post needs to be deleted and the user banned.

In any card the first 6 digits is call bin codes which is specific to a bank, the next 4 digits is card type code which is specific to a card type.. Thus suppose if you are using hsbc credit card you may have bin codes like 431104 (the first 6 digits), the next 4 digits is for cashback card type. And thus the first 10 digits of card for a specific card (e.g. hsbc cashback card) are same for all hsbc cashback card holder. The last 6 digits are only different for all. @deepcards I can understand you are concerned about card security of all, which is good but if something is same for all then there is nothing secret, it is just generic information.

 

[justzeus1]

In any card the first 6 digits is call bin codes which is specific to a bank, the next 4 digits is card type code which is specific to a card type.. Thus suppose if you are using hsbc credit card you may have bin codes like 431104 (the first 6 digits), the next 4 digits is for cashback card type. And thus the first 10 digits of card for a specific card (e.g. hsbc cashback card) are same for all hsbc cashback card holder. The last 6 digits are only different for all. @deepcards I can understand you are concerned about card security of all, which is good but if something is same for all then there is nothing secret, it is just generic information.

arre yaar koi to bata do plz.. I am getting calls from hsbc for card closure..

 

[Animal]

arre yaar koi to bata do plz.. I am getting calls from hsbc for card closure..

Call CC and ask them to block existing card and send a replacement.

 

[kesarkarshri]

Received privy pass number for spending 10k (within 30 days of card issuance)🙂.
Followed the steps on thriwe.com to redeem voucher/s worth 1k but got some "anytime gift..." error 🙁and couldn't add it to the amazon account.
Called thriwe's helpline and they informed others are also experiencing this and it is being resolved and suggested to retry on Monday.
I thought of sharing this with fellow card holders who might also be experiencing the same.

 

[senasenthil]

Received privy pass number for spending 10k (within 30 days of card issuance)🙂.
Followed the steps on thriwe.com to redeem voucher/s worth 1k but got some "anytime gift..." error 🙁and couldn't add it to the amazon account.
Called thriwe's helpline and they informed others are also experiencing this and it is being resolved and suggested to retry on Monday.
I thought of sharing this with fellow card holders who might also be experiencing the same.

I got the error yesterday but able to add successfully today

 

[Raj_]

Guys, will the OTP for HSBC add on cards be sent to the primary card holder or the add on card holder?

 

[pprakash11]

Guys, will the OTP for HSBC add on cards be sent to the primary card holder or the add on card holder?

Add On Card Holder

 

[Rdspam]

Received privy pass number for spending 10k (within 30 days of card issuance)🙂.
Followed the steps on thriwe.com to redeem voucher/s worth 1k but got some "anytime gift..." error 🙁and couldn't add it to the amazon account.
Called thriwe's helpline and they informed others are also experiencing this and it is being resolved and suggested to retry on Monday.
I thought of sharing this with fellow card holders who might also be experiencing the same.

This is a common issue. They eventually resolve it though

 

[ritwik2000]

Is it possible to do physical kyc or vkyc mandatory?

 

[Kumar93196]

Is it possible to do physical kyc or vkyc mandatory?

Vkyc is must there is no option for physical kyc in hsbc AFAIK

 

[ritwik2000]

Docs required are 1 payslip and 1 latest months salary credit bank statement. For faster processing

do they take it during vkyc ?

 

[ritwik2000]

can anyone tell is the 10% cb applicable on licious, delybazar and freshtohome orders ?

 

[Animal]

can anyone tell is the 10% cb applicable on licious, delybazar and freshtohome orders ?

Should be applicable. However you can do a small transaction and check with CC.

 

[ritwik2000]

Should be applicable. However you can do a small transaction and check with CC.

Thank you ..

 

[Aditya12]

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.

One can add ParleG worth Rs 5 everyday to avoid Rs 4 delivery charges. Effective cost for ParleG will be Re 1. You can give packets to needy at traffic signals if there’s no consumption at home.

 

[Aditya12]

By the way I confirmed for BB daily recharge (wallet) and it‘s still 5411 - Grocery.

 

[Animal]

By the way I confirmed for BB daily recharge (wallet) and it‘s still 5411 - Grocery.

I’ve been using this card mainly for Bbdaily and offline restaurant payment since Oct-23.

 

[MJN]

Applied on 9th April; VKYC successfully completed on 10th April; Got mail confirmation also; But after that, no mail or call; I didn't still get cibil hit;

1) When I will receive the card?
2) Will I get any call from customer care explaining the features and charges?
3) How to know whether my card is approved or not?

 

[pprakash11]

Applied on 9th April; VKYC successfully completed on 10th April; Got mail confirmation also; But after that, no mail or call; I didn't still get cibil hit;

1) When I will receive the card?

Card can be approved as well can be rejected. If approved, you will directly get card one day thu BD. Sometimes they do send approval sms too.

2) Will I get any call from customer care explaining the features and charges?

Nope

3) How to know whether my card is approved or not?

Post 5-7 days call customer care and quote cc application ref no and they will tell the status