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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.
 
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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 welcome email two days after activating the card. Didn't receive any approval message.

From application to activation took 15 days. If it wasn't on hold for a week, I would have received the card within a week.
 
Customer care said my application is declined but I haven't received any mail regarding the same. how do I know the rejection reason ? Is there any chance it may get approved if I complaint to PNO or RBI BO ?
 
Customer care said my application is declined but I haven't received any mail regarding the same. how do I know the rejection reason ? Is there any chance it may get approved if I complaint to PNO or RBI BO ?
You can try writing to Nodal Officer/PNO to reconsider the application or at least tell you the rejection reason. Escalating to RBI BO to get card approved will not work because issuance is at the sole discretion of the bank.
 
You can try writing to Nodal Officer/PNO to reconsider the application or at least tell you the rejection reason. Escalating to RBI BO to get card approved will not work because issuance is at the sole discretion of the bank.
Thanks for the suggestions. I can't find Nodal officer mail id anywhere. Can you please drop it here !
 
Thanks for the suggestions. I can't find Nodal officer mail id anywhere. Can you please drop it here !
A quick google search would have lead you here. You can find nodal officer email ids in second level escalation.

 
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