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.

 

[wapenshaw]

has anyone tried accessing lounges on this card? if so how did you do it? and which city/lounge? ty

 

[MS R]

yes used in hyderabad domestic lounge

 

[sen4793]

My hsbc cashback card was delivered to my address on 9th May and i am out of town since then. I haven't activated the card yet and I will be able to activate it by 28th. I couple of doubts here,
1) Will there be any bill generated for the annual fee before i activate my card?
2) Will i be eligible for 1K amazon pay voucher if i spent 10K before 9th June?

 

[Animal]

My hsbc cashback card was delivered to my address on 9th May and i am out of town since then. I haven't activated the card yet and I will be able to activate it by 28th. I couple of doubts here,
1) Will there be any bill generated for the annual fee before i activate my card?
2) Will i be eligible for 1K amazon pay voucher if i spent 10K before 9th June?

1) No
2) Yes

 

[R@J]

I received my card in the last week. I'm unable to change my mobile number through the App as the OTP just before mobile number EDIT doesnot come to my mobile!!
All other OTPs are getting delivered normally - just the change contact one is not coming. Anyone else too faced such issue?

 

[floyd05]

2nd
1st is normal platinum card

Do you see both your cards in the same mobile app? I recently got cashback card after visa platinum. My app shows only visa platinum card. Any idea how I can add the 2nd card?

 

[krishc]

Do you see both your cards in the same mobile app? I recently got cashback card after visa platinum. My app shows only visa platinum card. Any idea how I can add the 2nd card?

shows both for me
although I don't use their mobile app

 

[Pack_of_Cards]

Do you see both your cards in the same mobile app? I recently got cashback card after visa platinum. My app shows only visa platinum card. Any idea how I can add the 2nd card?

It will be added automatically, I can see both my cards on app

 

[jack333]

It will be added automatically, I can see both my cards on app

Second card can be ordered via cc or needs to be applied again?

 

[OptiCard]

Guys,
Is 1.5% on retail transaction too?
Like clothing/apparel?

 

[senasenthil]

Guys,
Is 1.5% on retail transaction too?
Like clothing/apparel?

Yes . .

 

[Animal]

Guys,
Is 1.5% on retail transaction too?
Like clothing/apparel?

Yes 1.5% unlimited

 

[Aditya12]

I got card in March and have 2 bills generated till now (Apr 27, May 27) but haven't received any cashback as of now or the 1000 amazon voucher. From what I understand I should have received cashback for April as most of you said cashback is received within 10-20 days of last billing date. Should I wait more?

 

[Animal]

I got card in March and have 2 bills generated till now (Apr 27, May 27) but haven't received any cashback as of now or the 1000 amazon voucher. From what I understand I should have received cashback for April as most of you said cashback is received within 10-20 days of last billing date. Should I wait more?

Since April, cashback is getting delayed by 10 days. Earlier I used to receive cashback 20 days post statement generation. Now it’s a month. Better call customer care and check with them.

I received Amazon voucher after 60 days of first statement.

 

[MJN]

I got card in March and have 2 bills generated till now (Apr 27, May 27) but haven't received any cashback as of now or the 1000 amazon voucher. From what I understand I should have received cashback for April as most of you said cashback is received within 10-20 days of last billing date. Should I wait more?

On same boat

 

[hellobois]

My hsbc cashback card was delivered to my address on 9th May and i am out of town since then. I haven't activated the card yet and I will be able to activate it by 28th. I couple of doubts here,
1) Will there be any bill generated for the annual fee before i activate my card?
2) Will i be eligible for 1K amazon pay voucher if i spent 10K before 9th June?

I have not received the 1000 amazon voucher even after completing 10000 spends in first 30 days. Its better to spend within 10 days as there is no specific date from which they consider first 30 days. Pls remember this. I hope you get your voucher.

 

[krishc]

I have not received the 1000 amazon voucher even after completing 10000 spends in first 30 days. Its better to spend within 10 days as there is no specific date from which they consider first 30 days. Pls remember this. I hope you get your voucher.

yes , this is very controversial
I missed this 1k because of 2 days
as they counted from date of card approval
whereas I counted from card activation

 

[lhgeek]

I spent within 15 days and got the voucher

 

[OptiCard]

yes , this is very controversial
I missed this 1k because of 2 days
as they counted from date of card approval
whereas I counted from card activation

It should be from date of activation. Please raise complaint with RBI.
Let say if card takes 15 daya to deliver then you have only 15 days remaining.
Better raise complaint

 

[MJN]

For cashback

The cash back is credited on each transaction after 45 days of the transaction date and will be credited in the next bill. Example, if 10th is the bill cycle date. The transaction is done on 1st Jan, then it completes the 45 days on 15th/16th FEB. Hence next bill cycle date is 15th March and for that transaction and the cashback is credited on March 15th bill.

For voucher
Thank you for being online. We appreciate you patience. I am sorry for the delay, the voucher codes will be sent to email and message in 60 days and by 30 June end of the day will be sent.