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You'll be rewarded every time you use your card. Spend on what you love, earn on what you spend.
Cashback is a credit card perk. It's money that will be credited back to your credit card for making purchases with your card. So if your card offers 1.5% cashback, and you spend INR15,000, you'll earn INR225 as a cashback.
Cashback credit cards are very simple – you'll earn money back for every rupee you spend.
Not only that, your cashback will be deposited directly to your credit card.
Dining out with friends? Why not settle the tab with your credit card first before splitting the bill? Making larger purchases is a great way to multiply your cashback.
Explore other strategies for making the most of your cashback credit card:
Cashback rates vary by credit card. You won't always get a flat rate. The cashback you get will depend on what you spend your money on or how much you spend.
With an HSBC Live+ Credit Card, you can get 1.5% unlimited cashback[@unlimited-cashback-exclusions] for most spends and 10% accelerated cashback, up to INR1,000 a month, on all dining, food delivery and grocery spends. So by spending INR10,000 monthly on food spends with a 10% cashback rate, you'll get INR1,000 back.
When it comes to picking the right cashback credit card, it pays to read the fine print. That's because cashback cards often have an introductory offer with a higher rate of cashback.
Some cashback cards may come with joining and annual fees, or high interest rates. They may also come with monthly or yearly caps on how much cashback you can earn.
If you travel a lot, you may find that you'll get more value for money with a rewards or points card, and more redemption choices, too.
You need to decide whether the card benefits are worth it. If you carry your balance forward, or the fees are too high, it may cost you more than the cashback you earn.
In addition:
The HSBC Live+ Credit Card annual fee is waived if you spend more than INR200,000 per year. There's also no joining fee for supplementary cards.
Dine, shop and have fun with extra cashback.
Your cashback earned will be automatically credited to your credit card within 45 days of your card statement date. Cashback received for any cancelled transactions – or if you don't make your minimum payment by the due date – will be revoked.
With the HSBC Live+ Credit Card, you can earn cashback in the following categories:
Cashback cannot be earned for fuel-related purchases, rental or property payments, insurance, cash withdrawals, credit repayments, toll fees and other categories at the Bank's discretion.
Ultimately, you'll want to consider your spending habits and budget when choosing a credit card. When used responsibly, a cashback credit card can be a great way to earn money on every rupee you spend.
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