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.

 

[Fracture_fixer]

just an info: got 10% on my eazydiner dining bill and if we use hsbc specific offer of 15% discount on minimum dining bill of 2500, we can take this upto 25% via eazydiner . (not availed the offer of 15% as my dining bill was less than 2500)

 

[ThriftyPlasticPundit]

thinking of applying, saw that you can apply based on other cc.

you guys are getting cashback on super market - raj mandir as an example. I used to get on scb Manhattan.

also how is hsbc in terms fee waiver if failed to spend 2 lakh

anyone applied based on c2c?

 

[Sriim]

anyone applied based on c2c?

I applied straightforward but they processed it as c2c because my payslip didn't meet their format. Not sure if we can apply directly c2c

 

[arone]

anyone applied based on c2c?

You can call CC and ask them to help you with card opening. they will forward your request to card application team who will call you back in the same working day or next based on timing.

 

[harshmore]

Update - Cashback is being posted 1 day after statement generation from September onwards under the name rewards credit

They had initially done it partly in august.

But the change is complete from September onwards

Is this just for 10% category? I bought some vouchers from park+ bt did not get 1.5% cashback on those.. only cashback on 10 % category got posted 2 days after bill generation... Do you normally see two seperate credit or does entire cashback appear as one line item?

 

[pprakash11]

Is this just for 10% category? I bought some vouchers from park+ bt did not get 1.5% cashback on those.. only cashback on 10 % category got posted 2 days after bill generation... Do you normally see two seperate credit or does entire cashback appear as one line item?

MCC of voucher purchase from Park+ is excluded from HSBC Live+ cashback earning. You won't get any !!

 

[pankaj4087]

Does spends done on add card are eligible for annual fee waiver of primary card of HSBC live +. Eg if my spends are 1 lakh each in primary as well as add on card, will my annual fees of Rs 1000 waived off.

 

[tachniki]

Does spends done on add card are eligible for annual fee waiver of primary card of HSBC live +. Eg if my spends are 1 lakh each in primary as well as add on card, will my annual fees of Rs 1000 waived off.

No. Only on primary card.

 

[vine]

No. Only on primary card.

For joining offer of 20k , can we buy anything? Or subject to MCC listed exclusions?

 

[pprakash11]

For joining offer of 20k , can we buy anything? Or subject to MCC listed exclusions?

Anything . . .

 

[vine]

Anything . . .

AGVs , I will buy only AGVs 😈👻

 

[zaid_2913]

Does spends done on add card are eligible for annual fee waiver of primary card of HSBC live +. Eg if my spends are 1 lakh each in primary as well as add on card, will my annual fees of Rs 1000 waived off.

No. Only on primary card.

Not true. Spends on both primary and add on card will be considered as annual fees waiver.

 

[pprakash11]

Not true. Spends on both primary and add on card will be considered as annual fees waiver.

Here you go brother :

 

[pankaj4087]

Does spends done on add card are eligible for annual fee waiver of primary card of HSBC live +. Eg if my spends are 1 lakh each in primary as well as add on card, will my annual fees of Rs 1000 waived off.

So, HSBC Customer care also gives different answers to above query at different time. It seems they are also not quite clear about the issue.

 

[100Rabh_negi]

So, HSBC Customer care also gives different answers to above query at different time. It seems they are also not quite clear about the issue.

I have been getting different answers from different CC guys on call/chat support when i enquired about the fees/lounge benefits for the addon card. Some said its free and also 4 Lounge access per add on card also free, some said its chargeable and also the lounge access not available. Weird.

 

[SureShot]

I have been getting different answers from different CC guys on call/chat support when i enquired about the fees/lounge benefits for the addon card. Some said its free and also 4 Lounge access per add on card also free, some said its chargeable and also the lounge access not available. Weird.

Recently my dad used the add on card on his name in Mumbai domestic terminal, it’s complimentary. Since I didn’t use my card in the same quarter, can’t confirm whether it’s shared or separate limit for add ons.

 

[senasenthil]

There is no separate statement for add on card. Whatever is spent on add on card gets accounted in the primary card. If the total spend is more than Rs 2 lakh in the year, the annual fee is waived off

 

[tachniki]

There is no separate statement for add on card. Whatever is spent on add on card gets accounted in the primary card. If the total spend is more than Rs 2 lakh in the year, the annual fee is waived off

Just because there is no separate statement, doesn't mean they can't keep a tally of amount spent on each card. And it is clearly mentioned in their terms. So, why assume and take any risk?

 

[ManojGowda]

If you have the old branded 'cashback' card, ask for a replacement and you will get with 'live+' card.
The advantage is that live+ is on VISA Signature and you will get Times prime subscription.

 

[BhaiyaJi]

If you have the old branded 'cashback' card, ask for a replacement and you will get with 'live+' card.
The advantage is that live+ is on VISA Signature and you will get Times prime subscription.

Is it free? Will card number will change? What about cashback?