HSBC Live+ Credit Card Review

The HSBC Live+ Credit Card is accepted worldwide and designed to match your lifestyle. As a cardholder, you can enjoy various benefits, including travel perks, dining discounts, shopping offers, and more. Unlimited cashback is the key feature of HSBC Live+ credit card.

This card can be used domestically and internationally.

FeatureDetails
IssuerHSBC Bank
Network TypeVisa based on paywave technology
Card TypeCash Back
Joining Fee₹ 999+GST
Annual Fee₹ 999+GST(Waived on spending ₹ 2 lakh)
Joining Fees for add-on cardholderNill
Joining Benefits✔ Get ₹1,000 cashback when you download and load funds on the HSBC Mobile Banking app
and spend ₹20,000 within 30 days of card issuance.
250 Amazon e-gift voucher after completing the video KYC
Best Suited ForCashback
Reward Rate1.5% on retail spend
10% on Dining, Food delivery, and Grocery spending (Max ₹1,000 per statement)
Lounge AccessInternational– N/A
Domestic -4 complimentary lounge access, one per quarter
Fuel Surcharge WaiverNot Available

HSBC Live+ Credit Cardholder Privileges

  • Extended Credit Facility: Pay the minimum amount due and settle the balance later with a finance charge of 3.49% per month (41.88 % per annum).
  • Lost Credit Card Liability: Transaction on the card after reporting loss/theft/misuse, the cardholder will not be liable for any transaction.
  • Worldwide Acceptance: Accepted at over 18 million establishments.
  • Free Credit Period: You can get up to 45 days of free credit.
  • International ATM Access: You can withdraw cash up to ₹50,000 per day.
  • Additional Credit Card: Get up to three additional credit cards for your spouse, parents, siblings, and children.
  • Visa Global Customer Assistance Services: HSBC Live+ credit card holders can access VISA Emergency Assistance Services in over 70 countries.

This card offers direct benefits 💰

The eligible cashback amount will be credited to the Credit Card account within 45 days of the statement date.

10% cashback on all dining, food delivery, and grocery transactions (capped up to INR 1,000 per billing cycle)

1.5% unlimited cashback on other spends

No cash back on the following categories: Fuel-related, e-wallets, payment of property management fees, rental payment, education and government-related transactions, Insurance, Jewelry, Tolls, and Bridge Fees, Money Transfer.

Lounge TypeAccess
International Lounge ProgramNo International Lounge access
Domestic Lounge Program1 Complimentary Domestic Airport Lounge Visits per quarter

Charge TypeAmount
Joining Fees₹999
Annual Fees₹999 (waived off for annual spends of ₹200,000 or more)
Finance charges on extended credit3.75% per month (45% per annum)
Foreign Exchange Markup fees3.5%
Charge in case of bounced cheque₹500
Cash advance limitUp to 20% of the credit limit
Overlimit Fee2.5% of the overlimit amount or ₹500 (whichever is higher)+applicable GST
Cash payment charge₹100

Pros of HSBC Live+ Credit Card

  • High cashback on food-related spending
  • Easy cashback redemption as a statement credit
  • Low spending requirement to waive the annual fee
  • Good rewards when you activate the card

Cons of HSBC Live+ Credit Card

  • Cashback is limited to ₹1,000 per month at the 10% rate
  • No major benefits for travel or movies
  • Many exclusions from cashback, including utility bills, fuel, and rent payments

Yes, you should go for that card.

📢 Best for:

  • If you love earning cashback on your spends
  • If you frequently spend on groceries and dining
  • If you spend ₹2 lakh annually, you can get a free annual fee waiver

Not ideal for:

  • If you travel frequently, as it lacks major travel perks
  • If you need lounge access, as this card does not offer it

Frequently Asked Questions (FAQs)

What cashback benefits does this credit card offer?

This card gives 10% cashback on dining, food delivery, and grocery shopping, but you can earn a maximum of ₹1,000 per month. For all other purchases, you get 1.5% cashback with no limit.

Is there any limit on earning 1.5% cashback on regular spending?

No, the 1.5% cashback on other eligible spends is unlimited.

What is the annual fee, and how can I get it waived?

The card has an annual fee of ₹999. However, this fee is waived if you spend ₹2,00,000 or more in the preceding year.

What is the foreign currency transaction fee for this card?

A foreign exchange mark-up fee of 3.5% is applicable on transactions made in foreign currency.

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