The HSBC Live+ Credit Card, a rebranded version of the HSBC Cashback Credit Card, offers attractive benefits for those who frequently spend on food delivery, dining, and groceries. Here’s a breakdown of what you can expect from this card:
Cashback Benefits
- 10% Cashback: Enjoy up to Rs. 1,000 per month on dining, grocery, and food delivery spends.
- 1.5% Cashback: Unlimited cashback on all other eligible spends.
Key Features
- Broader Cashback Scope: Unlike the Swiggy HDFC Credit Card, which restricts benefits to the Swiggy platform, the HSBC Live+ Credit Card provides accelerated benefits across all grocery, dining, and food delivery transactions.
- Complimentary Lounge Access: Cardholders get 4 complimentary visits to domestic airport lounges each year.
- Dining Discounts: Up to 15% off at partner restaurants through the Live+ Dining Programme.
- Welcome Bonus: Receive Rs. 1,000 cashback upon spending Rs. 20,000 within the first 30 days.
- Annual Fee Waiver: Spend Rs. 2 lakh in a year to waive the Rs. 999 annual fee.
Comparison with Swiggy HDFC and Cashback SBI Cards
- Swiggy HDFC Credit Card: Offers 10% cashback on dining and grocery spends (capped at Rs. 1,500/month), with additional 5% cashback on online spends, but limited to the Swiggy platform.
- Cashback SBI Card: Provides up to 5% cashback on all online spends, with a monthly capping of Rs. 5,000, offering more significant savings for diverse categories.
Pros and Cons
Pros:
- High cashback rate on dining, grocery, and food delivery.
- Broader scope for accelerated benefits.
- Attractive welcome bonus and lounge access.
Cons:
- Limited accelerated benefits beyond primary categories.
- Higher annual fee compared to similar entry-level cards.
Who Should Consider This Card?
Opt for the HSBC Live+ Credit Card if:
- You spend a considerable amount on dining, groceries, and food delivery.
- You prefer cashback over reward points.
- You do not require accelerated benefits on specific brands or categories like travel or utility bills.
However, if you seek broader rewards or co-branded benefits, consider alternatives like the Swiggy HDFC or Cashback SBI Card.
In conclusion, the HSBC Live+ Credit Card is a solid choice for those focusing on dining and grocery spends, offering substantial cashback benefits and a few added perks to sweeten the deal.
