HSBC Live+ Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get Rs 1,000 cashback when they download and log on to the HSBC India Mobile Banking app and spend Rs 20,000 within the first 30 days of getting the card and an Rs 250 Amazon e-gift voucher when they apply for the card online and complete video KYC (VKYC).
Milestone Benefits
None.
Cashback Rate
Users will get 10% cashback on all dining, food delivery and grocery spends (capped at up to INR1,000 per billing cycle).
1.5% unlimited cashback on most other spends.
Movie Benefits
None.
Dining Benefits
Users will get 10% cashback on all dining, food delivery and grocery spends (capped at up to Rs 1,000 per billing cycle).
Other Benefits
The annual membership fee of Rs 999 will be waived if the user spends over Rs 200,000 per year.; Additional benefits like- 1. Zero card lost liability. 2. Emergency Card replacement. 3. Insurance benefits. 4. Globally accepted card.
Lounge Access
4 complimentary domestic lounge visits per year (1 per quarter).
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get Rs 1,000 cashback when they download and log on to the HSBC India Mobile Banking app and spend Rs 20,000 within the first 30 days of getting the card and an Rs 250 Amazon e-gift voucher when they apply for the card online and complete video KYC (VKYC).
Milestone Benefits
None.
Cashback Rate
Users will get 10% cashback on all dining, food delivery and grocery spends (capped at up to INR1,000 per billing cycle).
1.5% unlimited cashback on most other spends.
Movie Benefits
None.
Dining Benefits
Users will get 10% cashback on all dining, food delivery and grocery spends (capped at up to Rs 1,000 per billing cycle).
Other Benefits
The annual membership fee of Rs 999 will be waived if the user spends over Rs 200,000 per year.; Additional benefits like- 1. Zero card lost liability. 2. Emergency Card replacement. 3. Insurance benefits. 4. Globally accepted card.
Lounge Access
4 complimentary domestic lounge visits per year (1 per quarter).
Fees & Charges
Joining Fee
N.A.(Not Applicable)
Annual Fee
INR 999 + GST
Cash Advance Fee
Cash advance fee: 2.5% of the cash withdrawn or Rs 500. (Whichever is higher)
Interest rate
Interest Rates: 3.49% per month (41.88% per annum)
Late Payment Fee
Late payment fee (Charged if minimum amount due does not reach HSBC within 3 days of payment due date- Subject to a minimum of `250 and a maximum of `1,200 per month
Foreign Currency Transactions Fee
Foreign Currency Transactions Fees: 3.5%.
Other Fees
Reward Redemption Fees: NIL
Fees & Charges
Joining Fee
N.A.(Not Applicable)
Annual Fee
INR 999 + GST
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rates: 3.49% per month (41.88% per annum)
Late Payment Fee
Late payment fee (Charged if minimum amount due does not reach HSBC within 3 days of payment due date- Subject to a minimum of `250 and a maximum of `1,200 per month
Foreign Currency Transactions Fee
Foreign Currency Transactions Fees: 3.5%.
Other Fees
Reward Redemption Fees: NIL
Special Features
10% accelerated cashback on all dining, food delivery and grocery spends.
Eligibility Criteria
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
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online: Visit the HSBC India website. Click on the "Credit Cards" tab. Click on the "Apply Now" button for the HSBC Live+ Credit Card Fill in the application form with your basic details, such as your name, PAN number, date of birth, father's name, occupation type, company name, marital status, and address details. Submit your application. A representative from HSBC will call you to complete the KYC process. Required documents: PAN card Aadhaar card Income proof (salary slip or Form 16 for salaried individuals, and income tax returns for self-employed individuals)
Contact Details
HSBC Personal Banking / Credit Cards 1800 267 3456 1800 121 2208
Account Opening and Procedure
The HSBC Cashback Credit Card shines for its high cashback rates, especially on everyday food and grocery spends, lack of joining fee, and annual fee waiver with moderate spending. The complimentary lounge access adds further value for frequent travelers. However, keep in mind the monthly caps on the 10% cashback and limited partner offers.
The HSBC Cashback Credit Card shines for its high cashback rates, especially on everyday food and grocery spends, lack of joining fee, and annual fee waiver with moderate spending. The complimentary lounge access adds further value for frequent travelers. However, keep in mind the monthly caps on the 10% cashback and limited partner offers.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai