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.

 

[Animal]

Called CC and raised a complaint. Need to wait for a week.

Received cashback today.

 

[krishc]

Received cashback today.

same here, received the mail

 

[MS R]

me too

 

[Nitin13]

C

Cashback gets credited 20 days after statement generation. You’ll see cumulative cashback in the next statement.

Thank you Sir for the clarity. Sorry, I had mistakenly mentioned date as 21st April. It is 21st March. Edited the post.

 

[RAMESH BABU N]

Thank you Sir for the clarity. Sorry, I had mistakenly mentioned date as 21st April. It is 21st March. Edited the post.

We all understood your KAVI-HRUDAYAM.

 

[vijaypathak077]

i received cashback aswell but didnt received 1.5% cashback on transaction done on easemydeal and snapay.

 

[Animal]

i received cashback aswell but didnt received 1.5% cashback on transaction done on easemydeal and snapay.

Call CC and check. Those might be in exclusion list.

 

[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?

Update:

Congratulations! Your HSBC Credit Card has been approved and you will receive the same at your correspondence address within 5 working days. Once you receive your card, simply follow the instructions mentioned in the welcome letter to activate the card and generate your PIN.

I also got BLUEDART tracking number via sms; I will be receiving my card in a day or two;

I just logged in HSBC app and last 4 digit also showing; 6 digit PIN also generated;

Under "Manager Card" it's showing "Activate Card"

I didn't activate till now;

1) Can I activate and use for online transaction?
2) Is there any chance I can see 16 digit card no,expiry and CVV before getting the card?
3)How can I confirm it's cashback card only?

 

[Animal]

Update:

Congratulations! Your HSBC Credit Card has been approved and you will receive the same at your correspondence address within 5 working days. Once you receive your card, simply follow the instructions mentioned in the welcome letter to activate the card and generate your PIN.

I also got BLUEDART tracking number via sms; I will be receiving my card in a day or two;

I just logged in HSBC app and last 4 digit also showing; 6 digit PIN also generated;

Under "Manager Card" it's showing "Activate Card"

I didn't activate till now;

1) Can I activate and use for online transaction?
2) Is there any chance I can see 16 digit card no,expiry and CVV before getting the card?
3)How can I confirm it's cashback card only?

1) and 2) Not until you get the physical card.
3) Try to login to HSBC app. You should be able to login using mobile number. Once logged in, you can see the card whether its cashback or not.

 

[MJN]

1) and 2) Not until you get the physical card.
3) Try to login to HSBC app. You should be able to login using mobile number. Once logged in, you can see the card whether its cashback or not.

View attachment 50277

Thank you.. It's showing Cashback card only; Where I can see the credit limit?

 

[kesarkarshri]

Received 10% on food orders from Eat club app

 

[arone]

i have applied for the card and in application it shows domestic only. does it mean we can't use it for international spends on paypal in Indian currency.

if international spends are possible are they counted towards 1k amazon gv welcome benefit of spending 10k INR.

 

[Deleted member 30872]

Received 10% on food orders from Eat club app

How to know which txn eligible for 10% ?

 

[Animal]

How to know which txn eligible for 10% ?

Generally 10% is given on online food delivery, online/offline grocery and offline restaurants. If want to know about any specific transaction, call CC and check.

 

[arone]

i have applied for the card and in application it shows domestic only. does it mean we can't use it for international spends on paypal in Indian currency.

if international spends are possible are they counted towards 1k amazon gv welcome benefit of spending 10k INR.
View attachment 50865

can anyone with HSBC cashback card confirm?

 

[wapenshaw]

If I pay a life insurance policy with this card, will it be considered in the Annual Spend waiver??

 

[100Rabh_negi]

Can any one confirm if :
1) This card gives cashback on grocery purchase on Flipkart grocery/jiomart etc?
2) If yes then is double dip possible? ( Like 5-10% offer on Flipkart HSBC Offer(if and when available) + 10% card via card cashback)?

 

[MS R]

can anyone with HSBC cashback card confirm?

yes . .

 

[Animal]

Can any one confirm if :
1) This card gives cashback on grocery purchase on Flipkart grocery/jiomart etc?
2) If yes then is double dip possible? ( Like 5-10% offer on Flipkart HSBC Offer(if and when available) + 10% card via card cashback)?

No one has confirmed yet for FK Grocery.
Double dip should be possible, I’ve used it on Swiggy with 15% discount, can confirm when my cashback gets credited next week.

 

[MS R]

No one has confirmed yet for FK Grocery.
Double dip should be possible, I’ve used it on Swiggy with 15% discount, can confirm when my cashback gets credited next week.

swiggy / zomato - i can confirm for double dip