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.

 

[roygarg]

U already hold any hsbc credit card?

As mentioned yes. Visa platinum. So existing cardholders, it is best you keep a 6 month gap between applications.

 

[brightknight]

sugest doing a test tranx and call cust care to ask mcc ,if uder food/groceries then you will get 10% else do small tranx using idfc cc and check mcc in the app

It's 5499. Is this mcc applicable for 10% in hsbc liv+? Can somebody please confirm?

 

[jyothisthaliath]

It's 5499. Is this mcc applicable for 10% in hsbc liv+? Can somebody please confirm?

No cashback on following categories: Fuel related (MCC 5541, 5983, 5172, 5542, 5552), e-wallets (MCC 6540), payment of property management fees, rental commissions, rental payments or any such payments made through MCCs 6513, 7012, 7349, business to business transactions made through MCCs 7399, 7311, 7372, 5045, 5047, 5065, 5072, 5111, 5013, 2741, 5137, 5192, 5193, 5131, 7361, 5085, 7333, 5039, 7379, 5021, 5199, 5122, 5099, 5198, 5139, 7829, 7395, 5051, 5046, 5169, 7375, 5074, 8734, 5044, 2842, 2791, education and government related transactions carried out through MCCs 9399, 8299, 8220, 8211, 8241, 9311, 8244, 8249, 9222, 9402, 9211, 9405, 9950, 9223, 8351), insurance (MCC 6300, 5960), jewellery and antique items (MCC 5944, 5094, 5932, 5937), gambling (MCC 7995), tolls and bridge fees (MCC 4784), cash withdrawals, credit repayments, foreign currency, liquid and cryptocurrency assets (MCC 6011, 6010, 6012, 6051), security broker services (MCC 6211), collection agencies (MCC 7322), charity (MCC 8398, 8641), money transfers (MCC 4829), wholesale clubs (MCC5300) and utilities – electric, gas, water and sanitary (MCC 4900).

Source: https://www.hsbc.co.in/credit-cards/products/live-plus/

 

[jyothisthaliath]

It's 5499. Is this mcc applicable for 10% in hsbc liv+? Can somebody please confirm?

Please see this

Oct'24 Update: Cashback is credited in about 3 working days after the statement date.

Sample 10% Eligible MCCs (Reference Purpose Only):

Below stores has MCC 5411
1. DMart= 5411
2. Reliance Smart Superstore
3. JioMart (online)
5. Vijetha super market

Reliance Smart = Saw multiple posts mentioning different MCCs: 5722
Amzn Fresh = Saw multiple posts mentioning different MCCs: 5399
Flipkart Grocery = Ensure "Flipkart Grocery" (5411) on OTP Page.

6. Cashfree gateway = 5499
7. Swiggy = 5499
8. CountryDelight = 5499
9. Tatanue Food delivery = 5499
10. Tatanue Grocery = 5411
11. FTH Daily
12. Zomato
13. BB Daily

 

[brightknight]

T

Please see this

Thank you bro

 

[brightknight]

Is there any way to get affiliate, referral bonus something for applying hsbc live+. I already hold hsbc platinum and thinking to have hsbc live+ either by upgrading or applying new card.

 

[jyothisthaliath]

Is there any way to get affiliate, referral bonus something for applying hsbc live+. I already hold hsbc platinum and thinking to have hsbc live+ either by upgrading or applying new card.

Use Cashkaro for applying. You'll get some 2500 reward.
Sorry, that offer may not applicable for existing HSBC CC customer.

 

[jyothisthaliath]

T

Thank you bro

It would be nice if you can Like or upvote if you found it helpful.

 

[helloworld]

Use Cashkaro for applying. You'll get some 2500 reward. Be mindful that a gap of six months between two card applications is required as per some users

R

Post in thread 'HSBC Live+ Credit Card Review | HSBC Cashback Credit Card Rebranded'

Wednesday at 1:42 PM

So got a call today from HSBC complaints team. They told me the reason for rejection is that I applied for the second card before 6 months were over. FYI I got the Visa Platinum at the end of July. They told me to apply again after June 4th which is 6 months from Dec 4th.

• roygarg

• 

cashkaro not applicable for existing hsbc card holder. check TnCs before availing once, just incase if any changes.

 

[kesarkarshri]

will i get 10% cashback on Otipy ( https://otipy.com/ ) can someone please confirm

Little off-topic: otipy are fraudsters including their customer service. They have different ways of scamming. Don't fall for their trap. Android market place is full of such reviews.

 

[Sathishmani]

cashkaro not applicable for existing hsbc card holder. check TnCs before availing once, just incase if any changes.

In my case, I got 2200rs Cashback from CashKaro even though I am existing HSBC Platinum card user. I was also thinking that I won't get it.

 

[brightknight]

Little off-topic: otipy are fraudsters including their customer service. They have different ways of scamming. Don't fall for their trap. Android market place is full of such reviews.

Can you share your experience? I've been using it for an year and find it to be great

 

[roygarg]

In my case, I got 2200rs Cashback from CashKaro even though I am existing HSBC Platinum card user. I was also thinking that I won't get it.

When did you apply for 2nd cc?

 

[Sathishmani]

When did you apply for 2nd cc?

September month applied.

 

[roygarg]

September month applied.

Lucky you then. Even Cashkaro TnC says that rewards are not for existing card holders.

 

[kesarkarshri]

Can you share your experience? I've been using it for an year and find it to be great

in my area (Navi Mumbai) they delivered for like 6/8 months then all of a sudden they stopped delivering. Left with no way to utilize or take out wallet balance.There were routine calls from the support when there was low activity on the app from my side for increasing usage.And then they dis-appear. Whether to continue services in particular area or not has different layers to it. But there was not even way to navigate and reach to actual support person after this.Their social media team just played ping pong with no real attempt to resolve the issue.

 

[Tarun239]

Is it true that hsbc credit card if approved, generally one gets msg of approval in 2-3 days, otherwise most likely it is rejected, is it true?

 

[helloworld]

Is it true that hsbc credit card if approved, generally one gets msg of approval in 2-3 days, otherwise most likely it is rejected, is it true?

I received after 40+ days, just dropped a mail about status after 20+ days.

 

[Tarun239]

I received after 40+ days, just dropped a mail about status after 20+ days.

Plz share the email id

 

[helloworld]

Plz share the email id

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