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.

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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.

 

[kunal.exe]

Did you get 10% on using in dmart?

I tried contacting them through customer support, they said I was eligible for the cashback but could not tell me the MCC code. so I guess I will know next to next month(Feb) after 45 days of bill generation.

 

[vijaypathak077]

i used hsbc card at DMART and reliance store and can confirm that i got 10% at both stores.

 

[hellobois]

Got this message today. Is my cashback card approved?

 

[Tarun239]

Got this message today. Is my cashback card approved?

Congratulations on approval

 

[Deleted member 21942]

Got this message today. Is my cashback card approved?

Yes your credit card is approved. Congrats! Did they asked you for both salary slip and bank statement or only salary slip?

 

[hellobois]

Yes your credit card is approved. Congrats! Did they asked you for both salary slip and bank statement or only salary slip?

salary slip, bank statement and one smart pic of mine

 

[Tarun239]

salary slip, bank statement and one smart pic of mine

When did u apply?

 

[hellobois]

When did u apply?

i think on 3rd Dec via cashkaro but the smart executive applied again via her own referral so I lost cashkaro cashback. Now I am going to irritate them for LTF. A long battle with HSBC lets see who wins.

 

[Tarun239]

i think on 3rd Dec via cashkaro but the smart executive applied again via her own referral so I lost cashkaro cashback. Now I am going to irritate them for LTF. A long battle with HSBC lets see who wins.

U got one cibil hit or two cibil hits? And when did the cibil hit happen?

 

[hellobois]

U got one cibil hit or two cibil hits? And when did the cibil hit happen?

i dont check cibil hits as i am not bothered about it, it will increase with time.
Jan - march it goes down and comes back to 780-790 range bu June - July.
that's my CIBIL cycle.
not looking for a loan in next 2 years so I am safe for now.

 

[krishc]

i think on 3rd Dec via cashkaro but the smart executive applied again via her own referral so I lost cashkaro cashback. Now I am going to irritate them for LTF. A long battle with HSBC lets see who wins.

wait for the cashkaro reward a few days
I have received in similar situation with HSBC
although never can be sure about banks & their processes
same situation I'm facing with SCB as well
not sure whether will receive this time though

 

[hellobois]

Guys I want to know one thing -
HSBC cashback credit card cashback reflects in statement against each transaction (like Flipkart axis) or a cumulative cashback is credited each month without clarity?

 

[vijaypathak077]

Guys I want to know one thing -
HSBC cashback credit card cashback reflects in statement against each transaction (like Flipkart axis) or a cumulative cashback is credited each month without clarity?

no its doesn't provide that info...

 

[hellobois]

no its doesn't provide that info...

So we need to track for each and every transaction?
Online and offline

 

[vijaypathak077]

So we need to track for each and every transaction?
Online and offline

they credit cumulative cashback , without giving transaction wise info

 

[hellobois]

Most Imp Que - kis website/app se transaction karne pe 10% cashback milega? jaldi batao bhaiyaaaa
New year me eska joining fee wasoolna hai

 

[shutapdiya]

Most Imp Que - kis website/app se transaction karne pe 10% cashback milega? jaldi batao bhaiyaaaa
New year me eska joining fee wasoolna hai

Ghumane ka tarika mile to mujhe bhi batana, 6 mahine card band pada hai

 

[hellobois]

bhai log ek baat batao , maine card to le liya par ab aisa lagta hai ki use ni ho payega, koi trick bhi ni hai. to agar maine ye card 30 days tak activate ni kiya to 0.0001% chance hai ki ye log es card ko LTF kar denge??
jaise ki kuch logo ne HDFC Swiggy wale card ko LTF kar diya?
P.S. - mujhe HDFC se bhi caal ni aya ( bas 2 din bache hain, aur wo sab NY party mood me honge

 

[shutapdiya]

bhai log ek baat batao , maine card to le liya par ab aisa lagta hai ki use ni ho payega, koi trick bhi ni hai. to agar maine ye card 30 days tak activate ni kiya to 0.0001% chance hai ki ye log es card ko LTF kar denge??
jaise ki kuch logo ne HDFC Swiggy wale card ko LTF kar diya?
P.S. - mujhe HDFC se bhi caal ni aya ( bas 2 din bache hain, aur wo sab NY party mood me honge

no chance .

 

[kunal.exe]

bhai log ek baat batao , maine card to le liya par ab aisa lagta hai ki use ni ho payega, koi trick bhi ni hai. to agar maine ye card 30 days tak activate ni kiya to 0.0001% chance hai ki ye log es card ko LTF kar denge??
jaise ki kuch logo ne HDFC Swiggy wale card ko LTF kar diya?
P.S. - mujhe HDFC se bhi caal ni aya ( bas 2 din bache hain, aur wo sab NY party mood me honge

Saw a video of Arindam on YouTube. Basically he was using bharatnxt app for card to bank, I think this card was eligible for 1.5 CB. That's one way. Do the 10K and you may be able to recover the joining fee.