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.

 

[mgforce]

Did anyone who holds an existing credit card from HSBC and recently applied from Cashkaro, get the 2200 from Cashkaro?
Because they have mentioned "Existing Customers (Savings/Current Account/Credit Cards/Loans/FD) of HSBC Bank are not eligible for the Rewards"

I also have same Q. If anyone have personal experience.

 

[temp77]

Interesting

If you don't mind sharing, how much commission does one get from bank like HSBC in this case for bringing a customer?

You are sharing more than what one (old, well established site) offers. So makes me curious and doubtful both.

Best of luck for your website... just checked it out. Odd that you don't even have any address etc

They are operating at scale - higher costs so they need to maintain better margins while mine is a solo setup so I can pass more on to the users. Generally across cards you'll see better payouts here than other websites.

Thanks, will be adding more contact information and other details soon!

 

[temp77]

I also have same Q. If anyone have personal experience.

Existing HSBC customers will not be eligible for rewards from any affiliate site.

 

[mgforce]

Existing HSBC customers will not be eligible for rewards from any affiliate site.

Hmm, okay.

HSBC is anyways quite difficult to get even for salaried people.

 

[AllThatStuff]

Will this card 10% cashback on Amazon Fresh or Flipkart Grocery too?

 

[Credit raja]

Will this card 10% cashback on Amazon Fresh or Flipkart Grocery too?

yes it gives cashback on these transactions.

 

[harshgupta940]

Will this card 10% cashback on Amazon Fresh or Flipkart Grocery too?

Heard that Flipkart grocery doesn't have appropriate mcc for its grocery platform so first check with small amount and then do big purchase

 

[TechnoFi]

Relative living in Bhopal (madhya pradesh). Can anyone confirm whether its serviceable or not for applying hsbc card ?

 

[AllThatStuff]

Relative living in Bhopal (madhya pradesh). Can anyone confirm whether its serviceable or not for applying hsbc card ?

List of eligible cities mentioned on their website!!

 

[AllThatStuff]

Heard that Flipkart grocery doesn't have appropriate mcc for its grocery platform so first check with small amount and then do big purchase

I did txn on Amazon Fresh & MCC was 5411, which is eligible for 10% cashback!!

 

[harshgupta940]

I did txn on Amazon Fresh & MCC was 5411, which is eligible for 10% cashback!!

Yes but talking about Flipkart grocery. Amazon is fine I have myself got 10% once

 

[Sup]

Anyone here got this card LTF? Do you think this is the best card for offline spends(all type of spends) right now?

 

[Sup]

It's better though that they are not offering it LTF. Otherwise we might end up seeing devaluations soon.

 

[Sup]

As if now I feel super.money supercard plus will be best for offline spends with flat 3% cashback on all type of spends.

 

[cardio_guy]

Any idea if Swiggy genie is counted in the 10% category for this card?

 

[ontherocks]

Offering much better rewards than Cashkaro for HSBC Cards(3.5k) here - https://cashin.club/cards

I am going to apply HSBC Live from your website. Hope it is reliable.

 

[jhanishdev]

Existing HSBC customers will not be eligible for rewards from any affiliate site.

Are self-employed people eligible for the Live+ if applied through your channel?

 

[RAMESH BABU N]

Are self-employed people eligible for the Live+ if applied through your channel?

How can the basic eligibility change - based on the channel of sourcing the application ?

 

[harshmore]

My Amazon Fresh transaction ended up with MCC 5399 and I did not get 10% cashback.

 

[harshmore]

W

As if now I feel super.money supercard plus will be best for offline spends with flat 3% cashback on all type of spends.

which card is offering 3% cashback for offline spend?