CardAgent
Verified by CardAgent admin · last checked 08 Jul 2026
HSBC India

HSBC Cashback Credit Card

70
Ranked #10 of 170 in credit
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HSBC's straightforward cashback card (formerly "HSBC Cashback", now "HSBC Live+") offering 10% cashback on dining/grocery/food-delivery (capped Rs1,000/month) and unlimited 1.5% elsewhere, with no points system to manage.

Score breakdown

Data completeness: 95% · Last verified: 09 Jul 2026

Reward value70/100 · weight 71%
≈ 3.46% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +2.1% score bonus — earns broadly without narrow category restrictions.
No rewards on: government, education, insurance. Reward score is scaled by ×(1 − 0.9%), proportional to how much of the standard basket falls in these excluded categories (v4 formula, capped at −5%). Tip: pair with a card that covers these.
Fee efficiency91/100 · weight 12%
Redemption flexibility92/100 · weight 9%
Perks20/100 · weight 9%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
₹999 + 18% GST
= ₹1,179 total
Annual fee
₹999 + 18% GST
= ₹1,179 / year total
Waiver: Waived on annual spend of Rs2,00,000+
Forex markup
3.5%

Lounge access

Domestic (per year)
4
International (per year)
0

Reward structure

CategoryTypeRateCapNotes
dining_offlinecashback10%₹1,000 / monthlyShared monthly cap with grocery & food delivery
food_deliverycashback10%₹1,000 / monthlyShared monthly cap with dining & grocery
groceries_offlinecashback10%₹1,000 / monthlyShared monthly cap with dining & food delivery
all_spendscashback1.5%—Unlimited, uncapped base rate

Welcome offer

Rs1,000 cashback on downloading HSBC India app and spending Rs20,000 within first 30 days; Rs250 Amazon eGift Voucher on VKYC completion

Milestone benefits

Pros

  • Simple flat cashback (no points to track/redeem)
  • strong 10% rate on dining/food-delivery/grocery (capped Rs1,000/month)
  • unlimited 1.5% on everything else
  • easy Rs2L fee waiver threshold

Cons

  • City-restricted eligibility
  • cashback categories share one combined monthly cap across dining+grocery+food-delivery
  • several everyday categories (fuel, utilities, insurance, rent, government) earn zero cashback

What's inside

More benefits

  • EazyDiner dining discount

    Up to 15% off dining bills at 200+ partner restaurants via Live+ Dining Programme

    unlimited. Dine-in at partner restaurants

Insurance cover

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Eligibility

text
Age 18-65 (salaried) / 25-65 (self-employed); min income Rs6L (salaried) or Rs12L (self-employed); restricted to specific Indian cities (Chennai, Gurgaon, Delhi NCR, Pune, Noida, Hyderabad, Mumbai, Bengaluru, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, Kolkata, Amritsar, Baroda, Indore, Lucknow, Nagpur, Surat)

Small print

Fuel surcharge:Not a primary benefit; fuel excluded from cashback categories