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.

 

[itzmycard]

Is this your first HSBC card?

Y E S

 

[drsel]

I don't really need this card because --
for dining I use Eazydiner to get 25 + 25% discount and where it's not applicable I use another card giving me 10% cashback.

For groceries I get 14.5% discount on big basket, etc thanks to Infinia on Smartbuy 5x

Food delivery swiggy, Zomato also get 14.5% discount thanks to Infinia on Smartbuy 5x.

This 14.5% is after considering 12% discounting on airtickets

 

[roygarg]

I don't really need this card because --
for dining I use Eazydiner to get 25 + 25% discount and where it's not applicable I used another card giving me 10% cashback?

For groceries I get 14.5% discount on big basket, etc thanks to Infinia on Smartbuy 5x

Food delivery swiggy, Zomato also get 14.5% discount thanks to Infinia on Smartbuy 5x.

This is after considering 12% discounting on airtickets

Zomato and swiggy 14.5% how?

 

[pprakash11]

That’s not a direct benefit.
HDFC Infinia gives 5x on vouchers and then if these points are used for hotels/ flights (that too with 70% points capping), then effective people say 14.5%

In general terms, its quite easy to write 14.5% but in reality, there are lots of ifs and buts.

I hope you understood

Zomato and swiggy 14.5% how?

 

[harshgupta940]

Is anyone using HSBC Credit Card on Google Pay for Tap & Pay?

I actually recently changed my phone and forgot to remove the card from google pay manually before factory resetting it. Now I am not able to add the same card on new phone in same google account also I tried to add the card on same google account on the same old phone to remove it but no luck.

Can anyone help me how can I re use the card for tap & pay? HSBC Phone Banking customer care is just not understanding my concern they are misinterpreting that for BBPS Transition and telling me I cannot add my card from google pay, cred etc and just not trying to understand.

 

[roygarg]

Is anyone using HSBC Credit Card on Google Pay for Tap & Pay?

I actually recently changed my phone and forgot to remove the card from google pay manually before factory resetting it. Now I am not able to add the same card on new phone in same google account also I tried to add the card on same google account on the same old phone to remove it but no luck.

Can anyone help me how can I re use the card for tap & pay? HSBC Phone Banking customer care is just not understanding my concern they are misinterpreting that for BBPS Transition and telling me I cannot add my card from google pay, cred etc and just not trying to understand.

Insert the SIM in the old phone and check if the card shows up on GPay there.

 

[harshgupta940]

Insert the SIM in the old phone and check if the card shows up on GPay there.

Tried that too the card is now no more linked to my google account I think

 

[drsel]

Tried that too the card is now no more linked to my google account I think

For doing full KYC on Payzapp wallet--

Don't try removing your SIM card
simply logout (but don't close the account) and then uninstall the app.

After 24 hours, reinstall it and login again.
This is what I did and it works perfectly well.
The faded full KYC tab becomes dark blue!
I could do full KYC in 2 minutes.
The app linked all my HDFC credit cards, debit card everything

 

[harshgupta940]

The faded full KYC tab becomes dark blue!
I could do full KYC in 2 minutes.

I never did KYC & I asfaik there is no such need to do KYC on google pay

Can you send screenshot of where does it show full kyc written?