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.

 

[sen4793]

After spending 10000 rs on dining or grocery. Since they said capping on accelerated cashback is 1000. If I spend another 5000 on dining or grocery will I get 1.5% or no cashback at all???

 

[arone]

After spending 10000 rs on dining or grocery. Since they said capping on accelerated cashback is 1000. If I spend another 5000 on dining or grocery will I get 1.5% or no cashback at all???

No cashback as 1.5% is tagged for other mcc not for dining and grocery

 

[joshuatree]

HSBC is hawking this card at many commercial office complexes. Anyone knows whether are giving FYF (or better)?

 

[jack333]

Does anyone know some agent for hsbc cashback?

 

[MJN]

Does anyone know some agent for hsbc cashback?

Y E S.. D M

 

[biztiger]

Anybody tried flipkart grocery? What's the cashback? 1.5% or 10%

 

[Animal]

Anybody tried flipkart grocery? What's the cashback? 1.5% or 10%

FK Grocery is not serviceable at my location. You can try with small amount and help fellow members.

 

[finforgo]

HSBC is hawking this card at many commercial office complexes. Anyone knows whether are giving FYF (or better)?

Not offering FYF even for Salary account, 1k voucher on 10k spend in first 30 days

 

[wapenshaw]

Not offering FYF even for Salary account, 1k voucher on 10k spend in first 30 days

I had the HSBC Platinum LTF and asked them to flip this to the Cashback card. Have 2 statements now on this cashback card and I haven't been charged a joining fee. I was told I will not be getting any vouchers, which are for new card issuances only not card flips

 

[googley]

Add-on card benefits:
1) Add on card will also get the Rs 1000 amazon voucher on spending >10K within first 30 days
2) Lounge access benefit is extended to the add-on cardholder and is not shared with the primary holder
3) 10% cashback on groceries and dining is available on the add-on card and separately capped for each add-on card.

It basically means that even on the add-on card we can get max 1k cashback with 10K spend on groceries. So in total it would be 1K + 1K for primary and add-on card for grocery spends

 

[lhgeek]

Add-on card benefits:
1) Add on card will also get the Rs 1000 amazon voucher on spending >10K within first 30 days
2) Lounge access benefit is extended to the add-on cardholder and is not shared with the primary holder
3) 10% cashback on groceries and dining is available on the add-on card and separately capped for each add-on card.

It basically means that even on the add-on card we can get max 1k cashback with 10K spend on groceries. So in total it would be 1K + 1K for primary and add-on card for grocery spends

Do spends on addon card contribute to annual fee waiver?

 

[Animal]

Add-on card benefits:
1) Add on card will also get the Rs 1000 amazon voucher on spending >10K within first 30 days
2) Lounge access benefit is extended to the add-on cardholder and is not shared with the primary holder
3) 10% cashback on groceries and dining is available on the add-on card and separately capped for each add-on card.

It basically means that even on the add-on card we can get max 1k cashback with 10K spend on groceries. So in total it would be 1K + 1K for primary and add-on card for grocery spends

Only point 1 is correct.

Point 2 and 3 are wrong.

1000 capping is at card level not at primary/ add on level.

 

[krishc]

Only point 1 is correct.

Point 2 and 3 are wrong.

1000 capping is at card level not at primary/ add on level.

For point 1, the 30 day rule is from issuance date of add-on card, right ?

 

[MJN]

Is there any minimum amount spent criteria to get 10%?

 

[MJN]

And we will not get 10% on Amazon groceries/fresh; Confirmed with customer care

 

[Animal]

Is there any minimum amount spent criteria to get 10%?

No minimum spend required.

 

[Animal]

For point 1, the 30 day rule is from issuance date of add-on card, right ?

Y e s

 

[vijay.vj]

Anybody tried flipkart grocery? What's the cashback? 1.5% or 10%

Flipkart uses regular MCC even for groceries. So only 1.5%

 

[vijay.vj]

And we will not get 10% on Amazon groceries/fresh; Confirmed with customer care

I used it on Amazon fresh and got 10%

 

[krishc]

flipkart amazon use a variety of MCCs, hence its luck dependent and same for any large format stores who sell everything from pins to pepsi.

zomato, swiggy, big basket and offline diners are more reliable options.