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.

 

[temp77]

Did they ask you to provide salary slips, photo, bank statement, PAN, etc. etc.? This is my main pain point.

It depends... they'll for ask bank statements and payslips for sure but for KYC docs it depends. Usually the agents ask for all the documents upfront as it's easier for them to fill the application in one go.

You've applied via Cashin? If so, ping me your application number - I'll share their official email on which you can ask the bank exactly which documents would be needed for application completion. If you have the agent's name and number you can also point that out too if you want. Ideally, they shouldn't ask for this over whatsapp.

 

[shu_sha]

Yes but talking about Flipkart grocery. Amazon is fine I have myself got 10% once

What was the merchant name on payments page?

 

[harshgupta940]

What was the merchant name on payments page?

For amazon it was "AMAZON PAY INDIA Pvt Ltd" paid on May 18

 

[krishc]

Did they ask you to provide salary slips, photo, bank statement, PAN, etc. etc.? This is my main pain point.

PAN number yes, rest no
basically I'd to share the info but no proofs were required

 

[nik007rock]

I haveone question regarding HSBC annual fee criteria, i just got this card couple of days back and i could see they have already charged me 999+gst approx 1180 INR so my question is when will be the annual spends assesment ? next year in same month (nov 25) or at start of financial year (april 25) ? and when they might charge if i have not spent 2lac ?

 

[tachniki]

I haveone question regarding HSBC annual fee criteria, i just got this card couple of days back and i could see they have already charged me 999+gst approx 1180 INR so my question is when will be the annual spends assesment ? next year in same month (nov 25) or at start of financial year (april 25) ? and when they might charge if i have not spent 2lac ?

In November 2025, you will be charged for November 2025 to October 2026 for not spending 2 lakh between November 2024 to October 2025. (approximately based on your billing cycle date).

 

[dravikumar]

Myntra Loot:

Get Flat 20% Off On Myntra Physical Giftcards With HSBC Credit Card

Link : myntr.in/j1uJyf

10% Off With IDFC & RBL CC

 

[roygarg]

I applied as ETB and got a message that HSBC will contact me since I am an existing customer and did not let me move ahead with the application.
I got a call from HSBC and the agent started asking personal details on phone. I said, since I am an existing customer you already have all my details in your system, why don't you fetch them. She kept on asking the details and said I need to submit salary slips, photo, bank statement, PAN and what not. I said, I can't give personal details on phone and send me an official email instead. She said she can only WhatsApp me and then I can type in the details and attach the documents in WhatsApp. No call after that.
If they are eventually asking me for all these documents what is the difference between a new customer and existing customer? Is that how its supposed to be for existing customers?
@krishc @redcarpet @Rishabh @Animal

Did you apply through the hsbc site or through any other portal?

 

[ontherocks]

Did you apply through the hsbc site or through any other portal?

It doesn't matter. Ultimately you will be taken to the official HSBC credit card application site https://www.accountopening.hsbc.co.in/credit-cards/#!/app/journey/contact-details-CBC

 

[roygarg]

It doesn't matter. Ultimately you will be taken to the official HSBC credit card application site https://www.accountopening.hsbc.co.in/credit-cards/#!/app/journey/contact-details-CBC

I understand that but i want to know if the channel played any role in them asking you for all additional docs even when you already held an hsbc cc.

 

[AlphaCAT]

Stock out !

Myntra Loot:

Get Flat 20% Off On Myntra Physical Giftcards With HSBC Credit Card

Link : myntr.in/j1uJyf

10% Off With IDFC & RBL CC

 

[nik007rock]

Are there any exclusions for yearly fee waiver spends like wallet ,rent?etc

 

[credit geek]

You can get 20% discount on Myntra purchase upto Rs. 1000. This is highest among all credit card offer.

 

[drsel]

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.

HSBC Live Plus is only given to salaried employees
or
those self employed /professionals/ businessmen who have an account in HSBC Bank

 

[JustMak]

Are they making exceptions in serviceable area? Amex India starting doing it.

 

[viruss]

How much time it will take to confirm/recieve card, after VKYC ?

 

[Sriim]

Are they making exceptions in serviceable area? Amex India starting doing it.

@BestBanker is this true?

Amex customer care denied when i asked

 

[drsel]

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.

How can a non salaried, self employed professional or businessman get this card?

 

[RAMESH BABU N]

How can a non salaried, self employed professional or businessman get this card?

Open a Special SB with HSBC. Wait for pre-approved offers or physically approach their branch after 3-4 months.

 

[sumit_yadav]

For Salaried, how do they verify if the person is Salaried or Self-employed?
What documents they request during the application process?

• Salary slips? How many months?
• Form 16?
• Bank statements?