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]

Cashback Card Approved today: -
- Already hold Platinum card from HSBC & applied for cashback card on 6th Dec via Cashkaro. (Cashkaro has tracked card application)
- Agent called on same day itself, No VKYC happened since existing card holder from HSBC. Only had to e-sign couple of PDFs and attach 3 documents in PDF itself.
- No further calls or updates till today, just randomly logged-in to HSBC Mobile app & can see Cashback card added along with existing Platinum card.

It seems HSBC like to give surprise to the applicants by delivering the card directly without any approval updates, etc.

Awesome .
But I haven't received any call from them. May be due to dnd.

 

[Rishabh]

Awesome .
But I haven't received any call from them. May be due to dnd.

DND stops only promotional calls, I dont think it will block Application processing related calls.

 

[kunal.exe]

Awesome .
But I haven't received any call from them. May be due to dnd.

Same! It has been over a week, no contact whatsoever. I asked the lady during VKYC for the address verification and she acknowledged that a verification would take place. So I guess it will take some more time.

 

[Sudip]

Hi folks,
How is HSBC customer care and did anyone face any issues on receiving 10% cashback?

 

[hellobois]

Hi folks,
How is HSBC customer care and did anyone face any issues on receiving 10% cashback?

CC is not good, I got 10% upto 2000 in platinum card.

 

[Sudip]

Okay,

If 10% cashback is properly calculated for

CC is not good, I got 10% upto 2000 in platinum card.

I'm looking to apply for this card for dining and groceries, 10% is good. If anyone can confirm if they're receiving proper cashback it shall be great! As some people are receiving only 1.5% cashback at dmart stores

 

[Tazact]

Hi, my application process has been similar to yours, after the adobe sign application completion step, what happens next, how to know whether card has been approved or not, do they call after adobe sign application step as well, can u share the details of process thereafter, sorry for too many queries, thanks in advance.

Once approved they will send card .No communication for rejection. You have to contact them directly regarding application status . Its HSBC ,Very por customer support .

 

[mechanism_chronically]

offline dining only? we are expecting offline cashback for grocerry as well. someone pls confirm this. if its true then this card will be in great demand. 10% on grocery will be hugggeeeeeeeeeeeeeeeee loot. paisa hi paisa hoga .... babu bhaiya ..

Yes, both offline and online grocery

 

[Tarun239]

Once approved they will send card .No communication for rejection. You have to contact them directly regarding application status . Its HSBC ,Very por customer support .

Twice called them, customer care has no idea, provide different answers, one asked me to wait 10 day, other 30 days, customer support system is not that great.

 

[Rishabh]

Received the card on Saturday & got card approved SMS today lol

 

[kunal.exe]

HSBC is a joke. Got card dispatched message yesterday with AWB and office verification call today. Lol

 

[hellobois]

Twice called them, customer care has no idea, provide different answers, one asked me to wait 10 day, other 30 days, customer support system is not that great.

I'm waiting since 10 days, no sms, no call, CC has no idea, approached twitter team and they forwarded the case to 'concerned team'.
No one has an answer.
Very unprofessional attitude.

 

[Tarun239]

I'm waiting since 10 days, no sms, no call, CC has no idea, approached twitter team and they forwarded the case to 'concerned team'.
No one has an answer.
Very unprofessional attitude.

Yup in same boat, tried multiple times, still waiting

 

[amarjit_rsingh]

Applied in september, every time i call they tell me to sign pdf and upload bank statement and after that no update. Cibil was hit 15 days back but still no response. Mailed them they say it is in process

 

[Pack_of_Cards]

I'm waiting since 10 days, no sms, no call, CC has no idea, approached twitter team and they forwarded the case to 'concerned team'.
No one has an answer.
Very unprofessional attitude.

HSBC is like that, no updates, then suddenly card will popup in their app but if rejected they will not convey rejection. No calls etc

 

[kunal.exe]

Got the card today! Swiped it right away at Dmart, infact activated in the Dmart itself is there any way to validate MCC code and the cashback eligibility?
Also I have read that there is offer on Amazon pay for postpaid bill payment, can anybody confirm?

 

[Sandeepmbm]

So tell me when u did transaction in dmart reliance Smart stores what is category is got in statement and 10% or 1% cashabck

10 % in reliance smart

 

[Sandeepmbm]

10 % in reliance smart

I think same in dmart. In bikaner I use in only r smart point and I received 10% Cashback

 

[Tarun239]

I applied for cashback card on 7 th, email application submission on 8 th, cibil hit has occured yesterday,ie 18 th, now when can I expect any info regarding approval or decline? This is my 2 nd hsbc card.

 

[Random123]

Got the card delivered yesterday and their kyc agent called today for office verification. I am working from home and told to mention the same to him. He said it is fine. Any idea if this will be problem ? Thanks