Up to 8% cashback!
Our everyday expenses are increasing year by year and what better way to maximise it than earning cashback for every Ringgit you spend?
A cashback credit card is by far one of the Malaysians' favourites and HSBC intends to step up its game with their brand-new Live+ Credit Card, designed for you to get the most out of your life with every spending you make.
What do I get from the HSBC Live+ Credit Card?
This credit card gives you cashback of up to 8% when you spend on selected categories namely dining (locally/overseas), shopping (locally/overseas, including online), entertainment (including digital subscriptions), as well as other eligible domestic and overseas spending.
Here’s the breakdown of the cashback mechanic:
| Monthly Eligible Spend (Per statement month) | Dining | Shopping | Entertainment | Other Domestic Spend (No minimum spend) | Other Overseas Spend (No minimum spend) |
| Cashback Type | Bonus Cashback | Bonus Cashback | Bonus Cashback | Base Cashback | Base Cashback |
| Minimum Spend RM1,000 | 1% | 1% | 1% | 0.2% | 0.5% |
| Minimum Spend RM2,500 | 2% | 2% | 2% | 0.2% | 0.5% |
| Minimum Spend RM5,000 and above | 8%* | 8%* | 8%* | 0.2% | 0.5% |
| Monthly Capping | RM30 | RM30 | RM30 | Unlimited | Unlimited |
Note: The Base Cashback forms part of the Bonus Cashback
Overall, the HSBC Live+ Credit Card adopts a tiered monthly spending structure so essentially—the more you spend, the higher the chance to unlock the 8% cashback tier. Following that, each bonus cashback on each category is capped at RM30 monthly except for the other domestic and overseas spending categories, which are unlimited.
Referencing the T&C, we’d like to highlight that the 8% cashback is a promotional offer. It consists of 5% cashback and an additional 3% cashback on the spending categories (dining, shopping and entertainment), made available until 31 December 2024—this means that the latter additional cashback won’t be available starting 1 January 2025 although it is subject to possible extension set by HSBC.
Lifestyle perks you don’t want to miss out!
Elaborating on the cashback above, here’s how you can maximise the benefits and get the most out of your spending:
- Dining: Apart from the up to 8% cashback, cardholders of an HSBC Live+ Credit Card can also enjoy up to 15% discount at over 200 selected restaurants locally and across Asia (Singapore, Taiwan, Indonesia, etc.) through the Live+ Dining Programme! Check out the offers here.
- Shopping: This cashback category includes transactions made in department stores, clothing stores, sporting goods stores and luggage stores that are registered under the Shopping Merchant Category Codes (MCCs). Online shopping is also included for cashback, given that the online stores’ MCC falls under Shopping. Check out the T&C here for more details.
- Entertainment: This cashback category includes transactions made in record stores, cinemas, digital subscriptions or cable and satellites, and TV plus radio services as listed under the Entertainment MCCs. Find more details here. Additionally, enjoy RM10 off at any GSC Cinema outlet every weekend, from now until 31 July 2025 with terms applied.
Flexible credit lines for your shopping convenience
- HSBC 0% Card Instalment Plan
Enjoy a 0% Card Instalment Plan to split your big-ticket item purchases for up to 36 months. Click here to see the participating merchants.
- HSBC Balance Conversion Plan
Other than the instalment plan above, you can otherwise convert your retail purchases into flexible and affordable monthly instalments at a preferential rate as low as 1.88% upfront for 6 months. Find out more details on this page.
Am I eligible to apply for the HSBC Live+ Credit Card?
Anyone aged 21 years and over who is earning an annual income of at least RM60,000 (RM5,000 monthly) is eligible to apply as a Primary cardholder for this Live+ Credit Card. If you wish to apply for a supplementary card, the cardholder must be at least 18 years of age to be eligible.
What is the annual fee for the HSBC Live+ Credit Card?
The annual fee for the primary/principal card is RM300 and RM150 for the supplementary card. The first year is free and will continue to be waived in the subsequent years when you make an annual spending of RM24,000 and above (the annual spending is calculated as the total retail spend in the past 12 months' statement prior to the annual fee charge).
Exclusively for the HSBC Live+ Credit Card applied from 1 August 2024 until 31 December 2025, you can combine the minimum RM24,000 annual spend requirement with your primary/principal card and supplementary card spending.
Below is the list of eligible retail spend:
- Local/ overseas transactions
- Full amount of any HSBC Card Instalment Plan
- Online transactions
- Standing instructions/ auto bills
- Insurance, education, utilities, e-wallet top-ups, dining, shopping and entertainment
Non-retail spending that is not eligible for the annual fee waiver includes:
- Sales and Services Tax (SST)
- Fees/ interest charges
- Monthly instalment amounts such as IPP, CIP and BCP
