If you hold this card: Your card was automatically rebranded to the HSBC Live+ — same account, new name, no action needed. Cashback on utility-bill and EMI transactions was dropped in the switch.
HSBC rebranded its mass-market cashback card as the Live+ in July 2024, part of a global "lifestyle card" launch with Visa that added the Live+ dining programme; India was one of the first HSBC markets to get it. A separate HSBC RuPay Cashback card exists for those who want cashback on UPI spends.
View the active card — HSBC Live+ Credit Card →In-depth review
HSBC Cashback Credit Card (now HSBC Live+)
Built for the person who refuses to run a rewards programme — no portal, no points, no category to activate. Just flat 10% on dining, groceries and food delivery (capped ₹1,000/month), wrapped around a genuinely useful 1.5% unlimited base, auto-credited. Never optimal on any one transaction, always fine for all of them. The catches: the monthly cap and HSBC's lean ecosystem. (Now rebranded as HSBC Live+.)
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
10% cashback at BigBasket, Blinkit, Zepto
10% on groceries — ₹1,000/month cap shared with dining and food delivery
10% cashback at Swiggy, Zomato, restaurant dining
10% on dining and food delivery — ₹1,000/month cap shared with grocery
Airport Lounge Access
Complimentary: 4 domestic airport lounge visits a year
Annual Fee Waiver
Fee of ₹999 + 18% GST (₹1,179 all-in)/yr fully waived when you spend ₹2,00,000/year
💰 CASHBACK STRUCTURE
How much you earn back on each type of spend — no points math required.
10.0%
grocery cashback
1.5%
Base rate (all other spends)
₹1,000
Monthly cap (accelerated)
- 10% cashback on grocery
- 1.5% on all other spends — no restrictions
- Accelerated cashback capped at ₹1,000/month
🍽️ FOOD & DINING BENEFITS
Dining rewards, food delivery cashback and partner benefits.
10.0%
Dining cashback rate
PARTNER PLATFORMS
- 10% cashback on dining and food delivery
- Accelerated earn on: Swiggy, Zomato, restaurant dining
✈️ TRAVEL BENEFITS
Lounge access, miles, forex rates and travel perks at a glance.
AIRPORT LOUNGE ACCESS
4 visits/yr
Domestic lounges
₹4,000
Estimated annual value
3.5%
Forex markup
- Domestic airport lounge access (4 domestic visits/yr, worth ~₹4,000)
For people who want simple, automatic cashback without managing a reward programme — especially urban households heavy on Swiggy, Blinkit and BigBasket who will hit the ₹1,000/month accelerated cap.
Full reward structure
What you earn on every rupee, per spend category — as of 24 Oct 2026.
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Groceriesonly at BigBasket, Blinkit, Zepto | cashback | 10% | ₹1,000one cap shared with Dining |
| Diningonly at Swiggy, Zomato, restaurant dining | cashback | 10% | ₹1,000one cap shared with Groceries |
| Other | cashback | 1.5% | — |
Groceries: 10% on groceries — ₹1,000/month cap shared with dining and food delivery · BigBasket, Blinkit, Zepto
Dining: 10% on dining and food delivery — ₹1,000/month cap shared with grocery · Swiggy, Zomato, restaurant dining
Other: 1.5% unlimited cashback on all other spends, auto-credited
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 24 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹1,179 |
| Joining fee (incl. 18% GST) | ₹1,179 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.5% |
Perks & benefits
Estimated annual value beyond rewards — ~₹4,000/yr in total.
4 complimentary domestic airport lounge visits a year
Should you get it?
- Best for: Frequent diners who want strong dining cashback, Users wanting simple unlimited cashback at a low fee
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on everyday spends (1.5% back; 10% only at BigBasket, Blinkit, Zepto).
- Frequent travellers benefit from the included airport lounge access.
Pros & cons
✓ Pros
- 10% cashback on dining (capped ₹1,000 a month)
- 1.5% unlimited cashback on all other spends
- Low ₹999 fee for the cashback on offer
✕ Cons
- Dining cashback is capped at ₹1,000 a month
- Only 4 domestic lounge visits a year — no international lounge access
- 1.5% base rate trails the best flat-cashback cards
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 3 months bank statement
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Statement credit / cashback adjustment
- 🎁Online rewards catalogue (vouchers, merchandise)
- 🎁Flight & hotel bookings via the issuer rewards portal
What your Cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Direct cash adjustment — no conversion
The ₹1,000/month combined cap on the 10% categories caps upside quickly, and HSBC's thin India footprint means fewer offers and slower service than the local giants.
Frequently asked questions
What is the annual fee for the HSBC Cashback Credit Card?
What is the foreign currency markup?
Is there a fuel surcharge waiver?
What is the minimum age and income to apply?
How has the HSBC Cashback Credit Card changed over time?
Has the HSBC Cashback Credit Card been devalued recently?
When did the HSBC Cashback Credit Card's fees last change?
How did the HSBC Cashback Credit Card change in 2023?
The bottom line
A "set it and forget it" cashback card in its day — rebranded as HSBC Live+ in 2024, which is where the current terms now live. The 1.5% unlimited base was the quiet strength; the 10% on the delivery/grocery basket was the headline, but the ₹1,000/month combined cap was exhausted by about ₹10,000 of accelerated spend, after which you were holding an ordinary 1.5% card.
How this page was built
Counted from this card’s own record: 3 earn rules, 2 of them capped, 2 paid only at named merchants and 1 recorded perk. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 24 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the HSBC Cashback Credit Card are taken from HSBC's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 24 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for HSBC. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Guides and reviews related to this card.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2019 · last change Jul 2024
2024
- ▲ BenefitEffective 12 Jul 2024
Renamed HSBC Live+; Live+ Dining Programme added
HSBC Cashback→HSBC Live+
HSBC India renamed the Cashback card to HSBC Live+ on 12 July 2024. Core rewards were unchanged (10% on dining/food delivery/groceries capped ₹1,000/cycle + 1.5% unlimited), fee stayed ₹999 waived at ₹2,00,000. The card gained the Live+ Dining Programme (up to 15% off at 200+ restaurants across Asia) and a ₹1,000 cashback welcome offer on ₹20,000 spend within 30 days.
Verification: HSBC India ↗ · Confidence: High
2023
- ▼ FeeEffective 2023
Annual fee raised to ₹999
₹750→₹999
Alongside the September 2023 rewards revamp, the annual membership fee rose from ₹750 to ₹999. Confirmed by archived HSBC pages before (18 Aug 2023) and after (1 Sep 2023) the change.
Verification: HSBC India ↗ · Confidence: High
- ▲ LoungeEffective 2023
Domestic lounge access added
None→4 visits/year (1 per quarter)
The September 2023 revamp added 4 complimentary domestic airport lounge visits per year (one per quarter). The pre-revamp Cashback card listed no lounge benefit in its key features.
Verification: HSBC India ↗ · Confidence: High
- ▲ FeeEffective 2023
Fee-waiver threshold eased to ₹2 lakh
₹3,00,000→₹2,00,000
The annual-fee waiver threshold was lowered from ₹3,00,000 to ₹2,00,000 of yearly spend at the September 2023 revamp, making the ₹999 fee easier to offset. Confirmed by archived HSBC pages bracketing the change.
Verification: HSBC India ↗ · Confidence: High
- ▲ RewardEffective 2023
Reworked into an accelerated-category cashback card
1.5% online + 1% other→10% dining/grocery/food-delivery + 1.5% unlimited
HSBC replaced the flat online-cashback model with accelerated category cashback: 10% on dining, food delivery and groceries (combined cap ₹1,000 per statement cycle) plus 1.5% unlimited cashback on all other spends. Archived HSBC pages show the old 1.5%-online/1%-other structure on 18 Aug 2023 and the new structure by 1 Sep 2023.
Verification: HSBC India ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/hsbc-cashback#value-timeline">HSBC Cashback Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).