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 spend 2 lac in 1 year

That is for annual fee waiver. For joining fee waiver there is no condition I guess.

 

[ak93]

No fee waiver but we get 1k amazon gc + 250 amazon gc for completing vkyc

 

[hellobois]

No fee waiver but we get 1k amazon gc + 250 amazon gc for completing vkyc

I applied through cashkaro. I will get another 2000 after 6 months.
But this 1000 is applicable for 10000 spend.

 

[Kumar93196]

I applied through cashkaro. I will get another 2000 after 6 months.
But this 1000 is applicable for 10000 spend.

Video kyc done?

 

[ak93]

I applied through cashkaro. I will get another 2000 after 6 months.
But this 1000 is applicable for 10000 spend.

Yes, I did the same. So overall 2k profit.

 

[Pack_of_Cards]

Are you sure? Because it's not in their website;

When i was working in Chennai, the agent told me that Coimbatore is serviceable, by the way why don't you check in branch itself.

 

[R@J]

They were offering this card as LTF in my office today. Also, the sales executive claimed that the 1k Amazon voucher will be sent even for LTF card if you send 10k within 30 days.

which city? Did you managed to get the agentls number? If yes, pls DM 🙂

 

[hellobois]

Video kyc done?

No, they will call me

 

[Kumar93196]

No, they will call me

You have any relationship with hsbc in past?

 

[hellobois]

You have any relationship with hsbc in past?

Yes, already holding platinum CC

 

[vijay.vj]

They were offering this card as LTF in my office today. Also, the sales executive claimed that the 1k Amazon voucher will be sent even for LTF card if you send 10k within 30 days.

Did you get it LTF? Please update

 

[Kumar93196]

They were offering this card as LTF in my office today. Also, the sales executive claimed that the 1k Amazon voucher will be sent even for LTF card if you send 10k within 30 days.

AFIK hsbc doesn't offer LTF CASHBACK CC and the best part of hsbc is after your card got approved within a week you will get a welcome call from hsbc regarding card fee and offers ongoing thats the best part of HSBC.

 

[Kumar93196]

I applied through cashkaro. I will get another 2000 after 6 months.
But this 1000 is applicable for 10000 spend.

CK only give Reward if you are new to the Bank if you are existing customer than you might don't get any rewards.

 

[vijay.vj]

I applied through cashkaro. I will get another 2000 after 6 months.
But this 1000 is applicable for 10000 spend.

Nice.

How long did they take to share 1k Amazon voucher + 250 Amazon voucher.

Any spends count towards welcome benefit?
Planning to use it on mygate, which is showing payment to as "PAYTM PAYMENTS UTILITYDEL". Does it count towards yearly spends or excluded

 

[Kumar93196]

Nice.

How long did they take to share 1k Amazon voucher + 250 Amazon voucher.

Any spends count towards welcome benefit?
Planning to use it on mygate, which is showing payment to as "PAYTM PAYMENTS UTILITYDEL". Does it count towards yearly spends or excluded

1k voucher is available after you spend 10k in a month and 250 after your card got approved

 

[Kumar93196]

Nice.

How long did they take to share 1k Amazon voucher + 250 Amazon voucher.

Any spends count towards welcome benefit?
Planning to use it on mygate, which is showing payment to as "PAYTM PAYMENTS UTILITYDEL". Does it count towards yearly spends or excluded

Hsbc is only available for salaried and selected pincodes are servicable and there is no physical verification. So go ahead with any tier 1 city address.

 

[vijay.vj]

1k voucher is available after you spend 10k in a month and 250 after your card got approved

Does any spends count towards 10k or any exclusions? Couldn't find any terms and conditions

 

[Kumar93196]

Does any spends count towards 10k or any exclusions? Couldn't find any terms and conditions

View attachment 37323

Here you can read all that

 

[vijay.vj]

Here you can read all that

Thanks,

Looks like no exclusions 🙂

 

[hellobois]

Thanks,

Looks like no exclusions 🙂

some cc to bank apps are considered as utility and this is also considered in hsbc. I got 2000 on my platinum card for 20000 spends. although i used the card for genuine spends but you can also use those apps if you do not have any genuine spends to do.