HSBC LIVE+ Credit Card

The HSBC Bank Live+ credit card stands out as a unique card that provides a multitude of advantages. With limitless cashback opportunities on every transaction, this credit card is tailored for individuals seeking to maximise their credit card spending and transactions.

This card is suitable for those who transact both online and offline and as well as make purchases on EMIs.

HSBC Live+ Credit Card Introductory Offers

You will be able to enjoy certain introductory offers on availing the HSBC Live+ credit card. The offers are given below:

  1. You will be able to avail a Swiggy discount coupon worth Rs.250 within 60 days of its activation.
  2. Two meal vouchers worth Rs.400 and two airport lounge access on availing this credit card.

Features and Benefits of HSBC Live+ Credit Card

The main features and benefits of the HSBC Live+ Credit Card are mentioned below:

  1. Annual fee waiver is condition based.
  2. For all online transactions earn cashback of up to 1.5% on online transactions and 1% on other transactions.
  3. Get emergency card replacement service.
  4. Insurance benefits can be availed with this card.
  5. You can avail cashback from transactions that have been converted to EMIs.

Benefits

The benefits you can enjoy on availing this card are given below:

  1. Enjoy 10% cashback as a treat on food delivery and dining in India and around the town:
  2. Get 1.5% unlimited cashback at other merchants and 10% cashback on groceries:
  3. Get 1.5% unlimited cashback on movies and series you binge-watch at home or in the theatre.
  4. Boost your spending with 1.5% limitless cashback in a few areas both domestically and overseas.

HSBC Live+ Perks and Privileges

Some of the perks and privileges associated with HSBC Live+ credit card are given below:

  1. Take a bite out of dessert rather than your pocketbook. The Live+ Dining Program offers up to 15% off and 10% cashback on dining and food delivery purchases, so you can take advantage of some pretty awesome eating deals whether you're wanting takeaway or are planning to visit restaurants.
  2. Fill your cart to overflowing without going over budget. Get 10% cashback on groceries when you shop for the whole family or just yourself and 1.5% limitless cashback on other retail transactions.
  3. Sit back and enjoy some more money. Take advantage of our deals, which include 1.5% limitless cashback on your entertainment expenditures.

HSBC Live+ Latest Offers

Some of the latest offers that you can enjoy on availing the HSBC Live+ Credit Card are given below:

  1. Spend Rs.20,000 within the first 30 days of receiving your card after downloading and logging into the HSBC India Mobile Banking app to receive Rs.1,000 in cashback.
  2. After completing your video KYC and applying for your card online, you will receive an Amazon e-gift coupon worth Rs.250.
  3. Save money on beauty, fashion, and other items. Use your HSBC Live+ Credit Card to pay for items at Myntra that total Rs.3,000 or more and receive 20% off. Offer ends on 31 December 2024. During the promotion time, the discount can be applied once per card every calendar month, up to a monthly maximum of Rs.1,000.

HSBC Live+ Credit Card Fees and Charges

Type of Charge

Fees

Annual fee

Rs.999 (Waived if annual spends exceed Rs.2 lakh)

Joining fee

Rs.999

Free credit period

Up to 45 days

Finance charges

3.49% per month (41.88% per annum)

Minimum payment due

5% of the total payment due subject to a minimum of Rs.100

Cheque dishonour charges

Rs.500

Cash advance limit

Up to 20% of the credit limit

Transaction fee for cash withdrawal

Rs.100 at international ATMs

Over limit fee

Rs.500 per month

Late payment fee

100% of the minimum payment due subject to a minimum of Rs.250 and maximum of Rs.1,200 per month.

HSBC Live+ Credit Card Limit

The credit limit for the HSBC Live+ card is given at the discretion of the bank. HSBC Bank will be conducting thorough checks before assigning the card limit. Some of the factors which play a major role are the credit score of the primary cardholder, the credit report, and the repayment habits of any past or present debts.

Eligibility Criteria of HSBC Live+ Credit Card

The eligibility criteria you will have to fulfill in order to apply for HSBC Live+ Credit Card are given below:

  1. You must be between the ages of 18 years and 65 years.
  2. Establish a minimum annual salary of Rs.4 lakh for salaried people.
  3. Be a resident of India
  4. Be a resident of Chennai, the National Capital Region (NCR) of Delhi, Pune, Noida, Hyderabad, Mumbai, Bangalore, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, or Kolkata.

Documents Required to Apply for the HSBC Live+ Credit Card

You will have to submit several documents during the application procedure. Here are some of the documents which are required:

Proof of Identity

  1. Aadhaar card
  2. Passport
  3. Driving Licence

Address Proof

  1. Ration Card
  2. Voter ID
  3. Passport
  4. Aadhaar card

Proof of Income

  1. Salary Slip
  2. IT Returns
  3. Form 16

The above-mentioned list of documents is indicative. The bank may ask you to submit any other document during the application procedure or after depending on the requirement.

HSBC Live+ Credit Card Eligible Purchases

An example of the cashback you could receive each month with an HSBC Live+ Credit Card is displayed on the table.

10% cashback with a monthly maximum of RS. 1,000. 1.5% limitless cashback is excluded.

Category

Value of Transaction

Cashback Applicable

Cashback earned

Dining

Rs.11,500

10%

Rs.1,150

Food delivery

Rs.5,000

10%

Rs.500

Groceries

Rs.9,000

10%

Rs.900

Hotel

Rs.15,000

1.5%

Rs.225

Medicine

Rs.3,000

1.5%

Rs.45

Shopping

Rs.15,000

1.5%

Rs.225

Utilities

Rs.500

0

0

Grand total

Rs.59,000

10% (capped) and 1.5% (unlimited)

Rs.1,495

How to Apply for HSBC Credit Cards through BankBazaar?

Applying for any HSBC Credit Card on BankBazaar involves the following simple steps:

  1. Login to the BankBazaar homepage. At the top of this page, the navigation panel prominently displays the 'Credit Cards' menu item. Select the same.
  2. A panel with categorization based on 'By Bank' is spread before you. Select, 'HSBC Credit Card' here.
  3. The resultant page displays all the credit cards as offered by HSBC. Check out the two buttons - 'Check Eligibility' and 'Explore Card'. The former helps you ascertain your eligibility via a simple, interactive wizard, while the latter helps you understand the various features and benefits of the chosen card.
  4. The 'Apply' button is prominently displayed at the end of these qualification procedures. Click on the same to signal your choice. Your application will next be forwarded to HSBC for further processing.
  5. You will receive an instant e-approval from BankBazaar after the successful submission of the application. Next, HSBC will get in touch with you directly. You can also check the status of your application through timely SMS alerts and emails.

How to Apply for HSBC Live+ Credit Card Offline?

You can visit the nearest HSBC branch and submit the necessary documents and application form to apply for the HSBC Live+ Credit Card.

HSBC Customer Care

For any inquiries or to report a lost card, please reach out to HSBC's customer care at 18002673456 or 18001212208. These toll-free numbers are available for general inquiries from 6:30 am to 8:40 pm. However, you can report a lost card 24/7 using any of these numbers.

FAQs on HSBC LIVE+ Credit Card

  • How do you apply for an HSBC credit card?

      You may apply for an HSBC credit card online by going to the website of the bank and selecting 'Apply now'.   

  • How can I check the status of my credit card application?

      Once applied for, the bank will be sending alerts on the status of your application to the mobile number on your application form. You can also check the HSBC credit card application status by calling Phone Banking.  

  • How long does it take to receive an HSBC credit card?

    Once the application is received by the bank along with other necessary documents, the application will be processed within three weeks. The credit card will be then sent within seven working days, once the application has been approved.

  • Will I be charged a foreign transaction fee if I use my card abroad?

    The card you apply for will be valid internationally at no extra charge levied. The bank, however, will charge the applicable currency conversion rate in the country where you make your transaction.

  • What is a cashback credit card?

      A cashback credit card is a type of credit card that rewards customers with cashback whenever they utilise the card for transactions at physical stores or for online payments.  

  • What strategies can I employ to maximise the benefits of my cashback credit card?

    To optimise the advantages of your credit card, consider using your HSBC Live+ Credit Card for larger purchases to accrue the highest possible cashback.

  • How is the cashback disbursed to the credit card account?

    Indeed, any cashback earned will be deposited into your credit card account within 45 days following the card statement date.

  • What is the functionality of cashback credit cards?

    Cashback credit cards function by providing users with the opportunity to earn cash rewards based on their spending habits, typically by reimbursing a percentage of their expenditures or offering reward points for additional perks.

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