Live+

Joining ₹999 · Annual ₹999 · Annual fee (including GST) fully reversed if total eligible spend across primary + add-on cards exceeds ₹2,00,000 in the anniversary year. Fee is levied at anniversary and reversed in the next statement cycle on meeting the criteria

Fee break-even: ≈₹66,600/yr through this card at its base rate. Below that, the fee eats the rewards.

Earns Cashback. True statement credit to the card account, not points. There is no rewards programme on this card at all. Credited within 45 days of the statement date (e.g. A 2 May-1 Jun cycle pays by 17 Jul). No redemption fee, no minimum, no expiry. Clawed back if the underlying transaction is reversed/cancelled or if the minimum due is not paid. Cashback is assigned strictly on merchant MCC and HSBC's classification is final.

Verified 10 Aug 2026

Forex markup1.99%

GolfNone

ConciergeNone

EMI₹99 plus GST per transaction at a merchant, 2.5% of the balance with a ₹250 minimum otherwise processing fee · A converted purchase stops earning rewards · A flat ₹99 plus GST per conversion at a shop, the cheapest published fee of the lot. Converting a bill afterwards costs 2.5% with a ₹250 floor instead. Minimum transaction is above ₹2,000, and gold and card fees cannot be converted at all. · Instant EMI (IEMI) transactions are treated as loan facilities and earn no cashback

Fuel surchargeNone. HSBC's Live+ service guide states the fuel surcharge is levied and passed through to the statement. No waiver slab is published, and the Live+ MITC has no fuel-surcharge-waiver row. The ₹250/quarter contactless-fuel cashback replaces it.

Domestic lounge2 a year. 2 complimentary domestic visits a year, hard-limited to one usage every 6 calendar months (so you cannot stack both in one trip). No spend gate. HSBC does not name the lounge programme operator.

International lounge1 a year. 1 complimentary international lounge visit a year, w.e.f. 1 September 2026. Part of the 3-visit annual allowance (2 domestic + 1 international). Lounge programme operator not named by HSBC.

Milestones

◆ Spend ₹10,000 per quarter → ₹250 cashback on contactless fuel purchases Worth ₹250

Return by category

Category	Return	Notes
Online spend	1.5%	Base rate
Amazon	1.5%	Base rate
Flipkart	1.5%	Base rate
Subscriptions & OTT	1.5%	Base rate
Offline spend	10%	Shares the single ₹1,200/month accelerated cap · HSBC's 'Shopping' MCC block, added to the 10% tier on 26 Jul 2026: 4812, 5261, 5309, 5310, 5311, 5331, 5399, 5611, 5621, 5631, 5641, 5651, 5655, 5661, 5681, 5691, 5697, 5698, 5699, 5732, 5735, 5931, 5933, 5941, 5945, 5948, 5950, 5964, 5965, 5969, 5977, 5992, 5993, 5997, 5998, 5999, 7251, 7296, 7622, 7631. It is MCC-based, not channel-based. A brand's own website on 5651 qualifies, and the direct-marketing codes 5964/5965/5969 qualify, but Amazon, Flipkart and Myntra are name-excluded and drop to 1.5%.
UPI spending	0%	No RuPay variant. Live+ is issued only on Visa (Visa Infinite), so it cannot be linked to a UPI app at all. HSBC India's own UPI page lists only the RuPay Platinum and RuPay Cashback cards as UPI-linkable. Trap to avoid: the HSBC RuPay Cashback Credit Card is a SEPARATE product, not a RuPay version of Live+.
Dining	10%	₹1,200 per month, shared across ALL accelerated categories (≈₹12,000 of accelerated spend per month) · MCC 5811, 5812, 5813, 5814. Restaurants, caterers, bars and food delivery (Swiggy/Zomato sit here)
Swiggy	10%	Uses its dining rate
Zomato	10%	Uses its dining rate
Groceries	10%	Shares the single ₹1,200/month accelerated cap · MCC 5411, 5422, 5441, 5451, 5462, 5499, 5921. Supermarkets, bakeries, dairies, sweet shops, misc food stores and liquor stores. Quick-commerce apps normally acquire on 5411/5499 and so qualify.
Quick commerce	10%	Uses its groceries rate
Swiggy Instamart	1.5%	Base rate
Blinkit	1.5%	Base rate
BigBasket	10%	Uses its groceries rate
Movies & shows	1.5%	Base rate
BookMyShow	1.5%	Base rate
PVR INOX	1.5%	Base rate
Fuel	0%	0% cashback (MCC 5172, 5541, 5542, 5983). The separate ₹250/quarter contactless-fuel cashback is the only fuel return
Travel (general)	1.5%	Base rate
Flights	1.5%	Base rate
Hotels	1.5%	Base rate
MakeMyTrip	1.5%	Base rate
IRCTC rail	1.5%	Base rate
International	−1.99%	0% reward − 1.99% forex markup
Utilities & bills	10%	Shares the single ₹1,200/month accelerated cap · MCC 4814 (telecom services) and 4900 (utilities, electricity, gas, water, sanitary). Added to the 10% tier on 26 Jul 2026. Note HSBC's other cards exclude 4900 entirely, so this is a Live+-only positive.
Rent	0%	0% cashback (MCC 6513, 6540) and a 1% rental processing fee applies on top
Education fees	0%	0% cashback. MCC 8211, 8220, 8241, 8244, 8249
Insurance premiums	0%	0% cashback. MCC 5960, 6300
Government & tax	0%	0% cashback. MCC 9211, 9222, 9311, 9399, 9402, 9405, 9950, 8299
Wallet loads	0%	0% cashback on wallet loads (MCC 6540) and quasi-cash (6051)
Anything else	1.5%	Base rate
Jewellery	0%	0% cashback. MCC 5932, 5937, 5944

Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.

Also worth knowing

Welcome: ₹1,000 cashback on ₹25,000 spend within 30 days of issuance, conditional on logging into the HSBC mobile app
Welcome: ₹250 Amazon e-gift voucher on completing video KYC. ₹750 Zomato / Swiggy / Amazon Pay voucher on card activation
The Live+ Reserve. Curated chef's menus and complimentary beverages at partner restaurants, plus lifestyle discounts
Visa Infinite privileges added 26 Jul 2026: airport Meet & Assist, ITC Hotels complimentary stays, Avis car rental benefits
10% Myntra cashback offer running to 31 October 2026 (promotional, not a card feature)
1% processing fee plus GST on all rental and related payments (bank-wide), on top of the reward exclusion. So rent is doubly bad on every HSBC card
Add-on cards free. No joining or annual fee. Interest-free period up to 45 days. Finance charge 3.75% per month (45% p.a.). Late payment fee 100% of minimum due, min ₹250 / max ₹1,200 per month.
Naming history: the Live+ MITC is still filed under /visa-cashback/ and jointly titled 'HSBC Platinum Credit Card and HSBC Live+ Credit Card'. The old 'HSBC Visa Cashback Credit Card' page is the predecessor branding of this same product, not a separate card.

Other exclusions

0% cashback on gambling. MCC 7995
Instant EMI (IEMI) transactions are treated as loan facilities and earn no cashback
Cash advances, money orders and wire transfers earn nothing (MCC 4829, 6010, 6011, 6012) and attract a 2.5% fee, min ₹500, plus interest from day one

Sources

Every figure above comes from the issuer's own pages and documents. Last verified 10 Aug 2026.