HSBC Live Plus Credit Card: A Comprehensive Guide
The HSBC Live Plus Credit Card is a premium offering designed for individuals who love dining, shopping, and traveling. With its attractive cashback rewards, lounge access, and exclusive offers, this card is perfect for those looking to maximize their spending benefits. In this article, we’ll explore everything you need to know about the HSBC Live Plus Credit Card, including its features, benefits, fees, eligibility criteria, and how to apply. Whether you’re a foodie, a frequent traveler, or a savvy shopper, this guide will help you understand why the HSBC Live Plus Credit Card might be the right choice for you.
Key Features of the HSBC Live Plus Credit Card
- Cashback Rewards:
- 10% accelerated cashback on dining, food delivery, and grocery spends (capped at Rs. 1,000 per month).
- 1.5% unlimited cashback on all other retail purchases.
- Welcome Benefit:
- Get Rs. 1,000 cashback on spending Rs. 20,000 within the first 30 days of card activation.
- Lounge Access:
- 4 complimentary domestic lounge visits per year (1 per quarter).
- Exclusive Offers:
- Monthly discounts and cashback on platforms like Amazon, Amazon Pay, Blinkit, Easydinner, and Pharmeasy.
- Annual Fee Waiver:
- Annual fee of Rs. 999 + GST is waived on spending Rs. 2,00,000 or more in a year.
Benefits of the HSBC Live Plus Credit Card
1. Cashback on Dining and Groceries
The HSBC Live Plus Credit Card offers 10% cashback on dining, food delivery, and grocery spends, making it an excellent choice for food enthusiasts. The cashback is capped at Rs. 1,000 per month, ensuring you get maximum value for your spending.
2. Unlimited Cashback on Retail Purchases
For all other retail purchases, you earn 1.5% unlimited cashback. This makes the card a great option for everyday shopping and expenses.
3. Complimentary Lounge Access
Cardholders enjoy 4 complimentary domestic lounge visits per year, with a limit of 1 visit per quarter. This is a valuable perk for frequent travelers.
4. Exclusive Monthly Offers
The card provides exclusive discounts and cashback on popular platforms like Amazon, Amazon Pay, Blinkit, Easydinner, and Pharmeasy. These offers are updated monthly, ensuring you always have access to the latest deals.
5. Welcome Benefit
New cardholders can earn Rs. 1,000 cashback by spending Rs. 20,000 within the first 30 days of card activation. This is a great way to kickstart your cashback journey.
6. Annual Fee Waiver
The annual fee of Rs. 999 + GST is waived if you spend Rs. 2,00,000 or more in a year. This makes the card even more cost-effective for high spenders.
Fees and Charges
Here’s a breakdown of the fees and charges associated with the HSBC Live Plus Credit Card:
| Fee Type | Amount |
|---|---|
| Joining Fee | Rs. 999 + GST |
| Annual Fee | Rs. 999 + GST (Waived on spending Rs. 2,00,000 or more in a year) |
| Cash Advance Fee | 2.5% of the transaction amount (minimum Rs. 500) |
| Late Payment Fee | Rs. 1,000 |
| Overlimit Fee | Rs. 500 |
Eligibility Criteria
To apply for the HSBC Live Plus Credit Card, you need to meet the following eligibility criteria:
1. Age
- Minimum age: 21 years
- Maximum age: 65 years
2. Employment Status
- Only salaried individuals are eligible.
3. Income
- Minimum monthly income: Rs. 55,000
4. Credit Score
- Minimum CIBIL score: 750
5. Residency
- You must reside in one of the following cities:
- Chennai, Gurgaon, Delhi NCR, Pune, Noida, Hyderabad, Mumbai, Bangalore, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, or Kolkata.
6. New to Credit
- New-to-credit individuals are allowed, but only for salaried applicants.
Documents Required
To apply for the HSBC Live Plus Credit Card, you will need the following documents:
- Identity Proof: PAN Card, Passport, or Form 60.
- Address Proof: Aadhaar Card, Passport, or utility bills.
- Income Proof: Latest salary slips or bank statements.
- Photograph: Recent passport-sized photo.
How to Apply for the HSBC Live Plus Credit Card
Applying for the HSBC Live Plus Credit Card is quick and easy. Here’s a step-by-step guide:
Online Application
- Visit the official HSBC Bank website.
- Click on ‘Login/Join Now’ and complete the OTP verification process.
- Select the HSBC Live Plus Credit Card and provide the required details.
- Submit the application and wait for approval.
- Once approved, you will receive a confirmation SMS, and your card will be dispatched.
Apply Now
Offline Application
- Visit your nearest HSBC Bank branch.
- Fill out the credit card application form.
- Submit the required documents and complete the verification process.
Exclusive Offers and Discounts
The HSBC Live Plus Credit Card offers exclusive monthly discounts and cashback on popular platforms, including:
- Amazon: Discounts on shopping and cashback on Amazon Pay.
- Blinkit: Cashback on grocery deliveries.
- Easydinner: Discounts on dining experiences.
- Pharmeasy: Cashback on medicine purchases.
These offers are updated monthly, ensuring you always have access to the latest deals.
Tips to Maximize Your HSBC Live Plus Credit Card Benefits
- Use the Card for Dining and Groceries
- Maximize your 10% cashback by using the card for dining, food delivery, and grocery purchases.
- Leverage Retail Cashback
- Earn 1.5% unlimited cashback on all other retail purchases.
- Avail Complimentary Lounge Access
- Make the most of your 4 complimentary domestic lounge visits per year.
- Track Monthly Offers
- Keep an eye on exclusive monthly offers to save on shopping, dining, and more.
- Spend Wisely to Waive Annual Fees
- Spend Rs. 2,00,000 or more in a year to get the annual fee waived.
FAQs About the HSBC Live Plus Credit Card
1. What is the cashback limit on dining and groceries?
You can earn up to Rs. 1,000 per month as cashback on dining, food delivery, and grocery spends.
2. How do I avail the welcome benefit?
Spend Rs. 20,000 within the first 30 days of card activation to earn Rs. 1,000 cashback.
3. Is there an annual fee for the HSBC Live Plus Credit Card?
Yes, the annual fee is Rs. 999 + GST, but it is waived if you spend Rs. 2,00,000 or more in a year.
4. How many lounge visits are included?
Cardholders get 4 complimentary domestic lounge visits per year, with a limit of 1 visit per quarter.
5. Can self-employed individuals apply for this card?
No, the HSBC Live Plus Credit Card is only available to salaried individuals.
6. What is the minimum income requirement?
The minimum monthly income required is Rs. 55,000.
7. Is there a joining fee?
Yes, the joining fee is Rs. 999 + GST.
8. How do I check my cashback balance?
You can check your cashback balance through the HSBC mobile app or by contacting customer care.
Conclusion
The HSBC Live Plus Credit Card is a versatile and rewarding credit card that caters to food lovers, shoppers, and travelers alike. With its attractive cashback rewards, complimentary lounge access, and exclusive offers, this card is designed to enhance your lifestyle while saving you money. By understanding its features, benefits, and eligibility criteria, you can make an informed decision and maximize the value of your spending.
Whether you’re dining out, shopping online, or traveling domestically, the HSBC Live Plus Credit Card ensures you get the most out of every transaction. Apply today and start enjoying the perks of this premium credit card!
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