HSBC Live Plus Credit Card
Entry Level Paid Card
Best For: Cashback, Grocery
Enjoy cashback on all your everyday expenses with the HSBC Cashback Credit Card! Designed with a two-tiered cashback structure, this card offers 10% cashback on dining, food delivery, and grocery purchases, while all other spends earn an unlimited 1.5% cashback. Additionally, cardholders can access four complimentary domestic airport lounges per year and enjoy various exclusive perks. The card comes with a joining and annual fee of ₹999. Read on to explore its full benefits and features.
Features and Benefits
- Cashback
- Reward Points
- Airmiles
- Airport Lounge
- Utility Bills
- Insurance
- NPS
- Education
- Rent
- Fuel
- Government Payment
- Jewellery
- Giftcards
- Wallet Load
- Rewards on EMI
Welcome Benefits
1,000 cashback when you download and login to the HSBC India Mobile App and spend Rs.20,000 within the first 30 days of getting the credit card.
Rewards and Cashback
- 10% cashback, up to Rs.1,000 per month, on all dining, food delivery and grocery spends across brands.
- 1.5% unlimited cashback on other spends (both online and offline spend).
- HSBC Live+ Dining Program: Get an additional 10% to 15% off on dining at select restaurants. Check out the list of restaurants at this link: https://bit.ly/hsbcdiningoffers
Forex Markup Fee
3.5% + GST
Lifestyle Benefits
- 4 Domestic Airport Lounges in a year. No minimum spend condition to use free lounge access. List of Lounge:
- Restaurant Payment on Eazydner: 30% Instant Discount up to Rs.600 once in a Calendar Month ona Minimum Transition of Rs.1000. Use Promo Code: HSBC600
- Buy One Get One Movie Ticket on BookMYShow: You get 1 movie ticket free with 1 movie ticket if the booking is done on Saturday. The movie’s date can be any day of the week, the only condition is that you need to make the booking on Saturday. Only the first 2000 movie tickets booked through this offer are free on any Saturday. In case, the price of the movie ticket is more than Rs.250 per ticket, the card user needs to pay the difference.
Renewal Benefits
5,000 Rewards Points upon First Year Card Renewal, on payment of annual membership fee. Points to be credited within 90 days of Card renewal
Reward Redemption
This credit card gives real cashback directly in credit card statement without any manual efforts.
Fee and Charges
₹ 1000 + GST
₹ 4500 + GST
for Renewal Fee Waiver (INR)
₹ 150000
Add-on Cards
Pros
Aspects that make this credit card amazing.
- Very high cashback rate on grocery, food order and dining
- Almost all online and offline stores of grocery and food orders, and restaurants are covered for cashback
- Attractive real cahback of offline spend also (1.5%)
- Easy to understand credit card.
- It gives real cashback which is directly credited into the credit card’s statement. No manual efforts are required to get the cashback.
- It provides free domestic lounge access without any minimum spending conditions. Also, there is no quarterly limit on lounge access. So, you can use all 4 Lounge visits in the same quarter also.
Cons
Aspects this credit card lacks.
- Large number of excluded spend categories on which you don’t get any cashback.
- Relatively high joining and renewal fee.
Spend Categories with No Cashback / Rewards
No reward points on following:
- Fuel (includes petrol, diesel, CNG)
- Insurance
- Utility (Utility services include providers of household/domestic electricity, gas and water. These providers can be government departments and agencies including local, state, and municipal organizations, public housing societies and apartment associations.)
- Any EMI option selected from a merchant’s website e.g. online shopping with Amazon or Flipkart etc. and on any EMI option selected at the Merchant’s terminal e.g. a Chip and PIN transaction at Croma retail store etc. At the same time, you will continue to earn Membership Rewards Points on all EMI transactions through American Express® SafeKey and on all EMI conversions done post-purchase.
Eligibility Criteria
- Age: 18 years or more
- Income (For Salaried): Rs.6 lacs per annum
- Income (For Self-Employed): Rs.6 lacs per annum
- Resident Indian as defined under the Income Tax Act of India
- residents of Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Indore, Coimbatore, Chandigarh, Ahmedabad, Surat, Vadodara, Lucknow, Ludhiana, Nagpur, Nasik, Trivandrum and Mysuru
- Applicant must have an Indian or multinational bank’s savings or current account in India
Rating & Reviews
(4.4/5)
Reward Value
3.5/5
Lifestyle Benefits
Ease of Reward Redemption
3.5/5
Value for Money
3.5/5
Customer Service
3.5/5
The American Express Membership Rewards Credit Card stands out as a great choice for beginners. It offers appealing reward rates, particularly with its monthly milestone bonuses. It provides various redemption options, including converting rewards into statement credit. The card delivers maximum value for users with a monthly spend of around ₹20,000.
If you consistently spend ₹20,000 per month, you can earn an effective value back as follows:
- Earn 6% value back (2,400 points for ₹20,000 spent) when redeeming points at Marriott Hotels, assuming a point value of ₹0.5.
- Get 4% value back by redeeming points for Amazon Pay Gift Cards.
- Enjoy a 3% value back when redeeming points as a statement credit for cash.
- Offering a value back of 3% to 6%, this entry-level credit card is an excellent choice for those looking to optimize rewards on everyday spending.
Important Links
Here are essential links to help you maximize rewards with your American Express Membership Rewards Credit Card:
- Monthly Milestone Bonus Enrollment: A one-time enrollment is required to earn Monthly Milestone Bonus Reward Points. Enroll here: bit.ly/3Q5twV2
- Amex Reward Multiplier Portal: Earn 2x Reward Points on eligible spends through the Amex Reward Multiplier Portal. Access it here: bit.ly/4d1AzI3
- Redeem Points via Amex 24k and 18k Gold Collections: Explore redemption options from the exclusive Gold Collections. Learn more here: bit.ly/4aE0T9J
- Amex Travel Portal: Redeem points for flights and hotel bookings through the travel portal. Visit: bit.ly/3UoSWQ8
- Amex Discount Offers: Take advantage of discounts on dining, travel, and more. Check them out here: bit.ly/3UmIN5h
- Points Transfer to Airmiles and Hotel Loyalty Programs: Transfer points to airline and hotel loyalty programs for added value. Details here: bit.ly/3TYGXqZ
- Use these resources to unlock the full potential of your card!