HSBC Live+ Credit Card
HSBC Live+ credit card is an amazing cashback card in the market. There are several cashback credit card like SBI Cashback, Axis Ace, Flipkart Axis etc. and HSBC Live+ have the capability to compete with all these card. Every cashback card is good on their own terms. HSBC card give 10% cashback on grocery, food delivery, dining and you also get 1.5% unlimited cashback on all other retail spends. If you look into the cashback category all are essential and this is where HSBC Live+ card standout. Please read below article for more details.
JOINING FEE
Rs.999+GST
RENEWAL FEE
Rs.999+GST
BENEFITS
1 Domestic Airport Lounge per Calendar quarter.
REWARDS &CASHBACK
10% Cashback on Dining, Food delivery & Grocery.
Key Features of HSBC Live+ Credit Card
Welcome Benefits
- Get cashback of ₹1000 as welcome benefits on making transaction of ₹20,000 within 30 days of card issuance.
Cashback Program
- You will get 10% accelerated cashback on dining, food delivery and grocery. The maximum cashback is ₹1000 per statement cycle.
- Get 1.5% unlimited cashback on all other spends.
- No cashback on Fuel payment, e-wallet, Government transaction, tolls, rental payment, property management fees, Insurance, Education.
- Cashback earned will be directly credited to card account.
Spend Based Waiver
- The annual fee of Rs.999+GST is waived off if you had spent Rs.2,00,000 in previous year.
Lounge Access
- you can avail 1 complimentary domestic lounge access per quarter that is 4 in a year.
Dining & Movie Benefits
- Buy 2 movie ticket and get 1 free through bookmyshow on saturday. Tha maximum discount on free movie ticket is ₹250.
- Get 15% off on Eazydiner.
Fees & Charges
Reward Redemption Fee
- There is no redemption fee, here you will get cashback and it will be directly credited to your account within 45 days of the card statement date.
Foreign Currency Markup
- The card come with high foreign currency markup fee that is 3.5% of total transaction amount. So if you are looking of any international travel & transaction credit card you can choose other cards that have zero or very less markup fee.
Finance Charges & Cash withdrawal Fee
- Interest rate is 3.75% per month that is 55.55% per annum.
- Cash withdawal fee is min Rs.500 upto 2.5% of cash withdrawal amount.
Eligibility Criteria
| Criteria | Salaried Individuals | Self Employed Individuals |
|---|---|---|
|
Age |
21-60 Years |
NA |
|
Income |
₹4,00,000 per annum |
Not Eligible |
- Final Thoughts
If your monthly shopping cart aligned with the cashback category of this credit card then you should definitely go for this. This card is designed for middle class because one can easily buy grocery, food delivery for atleast ₹10,000 per month and can earn 10% cashback that is ₹1000 per month. You also get 4 domestic lounge access per annum with this card. Also you don’t have to redeem reward again and again because cashback will be directly credited to your account. Please let us know your opinion about this credit card in comment section.
- Frequently Asked Questions
Is there any limit on 10% cashback category on HSBC Live+ credit card?
Yes 10% cashback is capped at ₹1000 per billing cycle.
Do I get any lounge access benefits on HSBC Live+ Credit Card?
Yes You will get 4 complimentary domestic lounge access per annum.
Is there any limit on 1.5% cashback category on HSBC Live+ credit card?
No, there is no cap on 1.5% cashback.
What is Renewal fee on HSBC Live+ Credit Card?
The Renewal fee of this card is ₹999+GST. But it will get reimbursed if you had spent ₹2,00,000 in previous year.