HSBC
Live+
The HSBC Live+ Credit Card is a rebranded version of the HSBC Cashback Credit Card, specifically designed to offer robust value-back on everyday expenses. The card stands out by offering a high 10% cashback rate on key dining, food delivery, and grocery transactions, alongside an unlimited 1.
Direct link to the issuer's website. Terms apply — verify current offer with the bank.
Data last updated 7 June 2026.
At a Glance
Annual Fee
₹999
Joining Fee
₹999
Fee Waiver
Spend ₹2,00,000 annually
Lounge Access
See details
Forex Markup
3.5%
Effective Yield
1.5% – 10%
Our Take
CreditGully Rating
Based on CreditGully editors' analysis. Not influenced by card issuers.
The HSBC Live+ Credit Card is a rebranded version of the HSBC Cashback Credit Card, specifically designed to offer robust value-back on everyday expenses. The card stands out by offering a high 10% cashback rate on key dining, food delivery, and grocery transactions, alongside an unlimited 1.5% base cashback on other eligible purchases. This positioning allows it to compete directly with other popular options like the Swiggy HDFC Credit Card, targeting individuals who frequently spend in food-related categories.
Beyond cashback, the card includes several additional perks, such as up to 15% off dining bills at over 200 partner restaurants through the Live+ Dining Programme, and 4 complimentary domestic airport lounge visits annually (capped at 1 visit per quarter). Cardholders can also benefit from an introductory bonus cashback offer of Rs. 1,000 upon activation, and a spend-based fee waiver that cancels the Rs. 999 annual fee when annual spends exceed Rs. 2 lakh.
This card is ideally suited for consumers whose monthly budget is heavily focused on dining out, ordering food, and grocery shopping, and who prefer direct statement cashbacks over reward points. However, the Rs. 1,000 monthly cap on the 10% accelerated cashback category and the extensive list of excluded spend categories, such as utilities, rent, and fuel, may limit its appeal to those looking for a versatile, all-round credit card.
What We Like
We like that the HSBC Live+ Credit Card offers a high 10% accelerated cashback rate on essential daily categories including food delivery, dining, and groceries. Additionally, we appreciate the card's unlimited 1.5% base cashback rate on general spends and the hassle-free auto-crediting of cashback directly to the statement.
Pros
- ✓High cashback earning rate on dining, food delivery, and grocery spends.
- ✓Convenient and hassle-free cashback redemption directly as a credit to your statement.
- ✓Low spending threshold of Rs. 2 lakh annually to secure the annual fee waiver.
- ✓Attractive welcome benefit of Rs. 1,000 cashback on card activation.
Cons
- ✗The monthly cashback cap of Rs. 1,000 on the 10% accelerated categories is low for a card with a Rs. 999 annual fee.
- ✗No notable benefits provided for travel, movies, or other online spend categories.
- ✗An extensive list of excluded categories that do not earn cashback, such as utility payments, fuel, and rent.
Get This Card If
- ✓You spend a significant portion of your budget on dining, grocery shopping, and food delivery services.
- ✓You prefer earning direct, hassle-free cashback over collecting and redeeming reward points.
- ✓You do not require brand-specific accelerated cashback benefits.
- ✓You can comfortably spend more than Rs. 2 Lakh in a year to qualify for the annual fee waiver.
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| Dining, Food Delivery & Groceries | 10% Cashback | 10.00% | ₹1,000 per billing cycle (Combined) |
| All Other Eligible Retail Spends | 1.5% Cashback | 1.50% | No Upper Cap |
| Excluded Categories | No Cashback | 0.0% | — |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹0.2 Lakh | Welcome Cashback | ₹1,000 Cashback | Awarded on spending ₹20k within 30 days and logging into the HSBC India app. |
| ₹2 Lakh | Fee Waiver | ₹999 + GST Savings | Annual fee waived for the following year upon reaching this spend target. |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| Statement Credit (Auto-Credit) | ₹1.00 per ₹1 Cashback1:1 Ratio | Seamless (Auto-credited within 45 days of statement generation) |
What You Need to Know
Low Accelerated Cap
The 10% cashback is capped at ₹1,000 per month across all three categories.
Impact: Yield drops to 1.5% once you spend more than ₹10,000 in these categories.
Quarterly Lounge Restriction
Lounge access is strictly limited to 1 visit per calendar quarter.
Impact: If you have a return flight in the same quarter, you can only use it for one leg.
MCC Sensitivity
10% cashback depends on the Merchant Category Code (MCC) assigned by the bank.
Impact: Dining at a hotel might code as 'Travel' rather than 'Dining', earning only 1.5%.
Zero-Earning Bills
Utility and insurance payments earn 0% cashback and do not contribute to milestones.
Impact: Users should avoid using this card for large annual insurance premiums.
Essential Fine Print
Reward Exclusions
No Cashback Categories: Fuel, Property Management/Rental payments, Wallet loading, Government services, Cash advances, and Quasi-cash transactions.
Welcome Offer
Cashback worth ₹1,000
₹1,000 cashback when you download and log on to the HSBC India Mobile Banking app and spend INR20,000 within the first 30 days of getting your card.
Amazon Voucher worth ₹250
₹250 Amazon eGift Voucher when you apply online, verify yourself by video and receive your card.
Voucher worth ₹750
Receive a voucher worth up to INR750 for Amazon Pay, Zomato and Swiggy when you activate your card with a single transaction of INR300 or more.
Lounge Access
Domestic Lounge Access
4 complimentary domestic airport lounge visits per calendar year (restricted to 1 visit per quarter).
Travel Benefits
Enjoy complimentary flight seat selections
Twice a year on domestic flights booked with MakeMyTrip.
Earn 15% cashback with MakeMyTrip
Get cashback added to your MakeMyTrip Wallet in 'My Cash' for hotel stays in India when you book with MakeMyTrip – using promo code: VISASIGNATURE.
Dining Benefits
10% Accelerated Cashback
10% cashback on dining, food delivery, and grocery spends, capped at ₹1,000 per billing cycle.
Save on dining and movies with the District app by Zomato
Get 10% off on transactions of INR3,500 or more, and enjoy movies on the big screen for less with buy-one-get-one cinema tickets.
Milestone Benefits
Annual Fee Waiver
Renewal fee of ₹999 is waived if total annual spends exceed ₹2,00,000 in the preceding year.
Additional Features
Zero Lost Card Liability
Report loss immediately to ensure zero liability for any unauthorized transactions.
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹999 |
| Annual / Renewal Fee | ₹999 |
| Fee Waiver Threshold | Spend ₹2,00,000 annually |
| Forex Markup | 3.5% |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Age
Primary cardholder must be between 18 and 65 years of age.
Income
Minimum annual income of ₹6,00,000 required for salaried individuals and ₹12,00,000 for self-employed individuals.
Location
Resident of India and residing in select cities. (Chennai, Gurgaon, Delhi National Capital Region (NCR), Pune, Noida, Hyderabad, Mumbai, Bengaluru, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, Kolkata, Amritsar, Baroda, Indore or Lucknow)
Ready to apply for Live+?
Annual fee: ₹999 · Waived on ₹2,00,000 spend
Frequently Asked Questions
Annual fee
₹999
1.5% – 10% yield