Tag HSBC India

HSBC India launched an upgraded lifestyle credit card HSBC Live+ Credit card with a full suite of new culinary offers to enhance the lifestyle experience of globally-minded customers. The HSBC Cashback credit card is now HSBC Live+ credit card.

HSBC Live+ Credit Card provides rewards tailored to lifestyle spending and reflects HSBC’s focus on providing innovative solutions that help customers earn more rewards while enjoying quality experiences.

Launched in partnership with Visa, HSBC Live+ cardholders are entitled to dining perks across Asia, through the Live+ Dining Programme1. The card offers a 15% discount at restaurants across Asia. The card also offers 10% cashback on spending in three categories: dining, food delivery and groceries besides unlimited 1.5% cashback on other spends.

According to the spend data by HSBC-Visa cardholders2, spending on food is a top priority for Asians, with restaurants and food-related expenses ranking in the top three spend categories in seven out of eight markets. This underscores the significance of dining in the region and the value that HSBC Live+ credit card brings to its cardholders.

Taylan Turan, CEO, Retail Banking, HSBC, said, “We combine our global expertise and knowledge on-the-ground to design products that meet local customers’ needs, such as our new Live+ Credit Card. As wealth creation drives more spending among the middle class and emerging affluent segments, we designed Live+ to offer outstanding lifestyle experiences and accessible rewards that resonate with our customers. We’re excited to bring this card to India, where we have been investing in our wealth and personal banking capabilities and look forward to expanding Live+ into other dynamic global markets.”

India is one of the first markets to introduce the HSBC Live+ Credit Card, with subsequent launches planned in multiple markets globally this year, capitalising on opportunities from the rising consumption power of South and Southeast Asia’s fast-growing mid-segment and affluent populations who enjoy international exposure.

HSBC Live+ Credit Card offers luxury benefits on travel, lifestyle spends and cashback for its affluent customers. In line with the growing consumer needs in India, the refreshed HSBC Live+ Credit Card is targeted towards the wider base of mass credit card holders.

Commenting on the revamped credit cards, Sandeep Batra, Head, Wealth and Personal Banking, HSBC India, said, “The HSBC Live+ Credit Card reflects our commitment to continuously enhance the overall experience of all our customers across segment with distinct needs. The card is designed to cater to the dynamic lifestyle of our customers and with an aim to reward every single time they make a transaction, ensuring they enjoy more value in every transaction. The card allows customers to enjoy delightful culinary experiences through a wide selection of restaurants, both locally and overseas. We encourage our customers take advantage of this offer and maximize their benefits with their everyday spends.”

Sandeep Ghosh, Group Country Manager, India and South Asia, Visa, shared, “We are privileged to partner with HSBC and launch the HSBC Live+ credit card. This proposition is tailored to deliver a distinctive and superior lifestyle anchored experiences across dining, shopping and entertainment! This underlines our commitment to grow secure and seamless payment experiences whilst enriching our customers’ lives with best-in-class rewards.”

HSBC Live+ Credit Card

Aimed to provide a unique value proposition for customers every time they spend, the enhanced HSBC Live+ Credit Card 15% discount at restaurants across Asia. It also offers 10% cashback on dining, food delivery and grocery. The refreshed HSBC Live+ Credit Card holders can also earn unlimited 1.5% cashback on other spends.

The Live+ credit card offers four complimentary domestic airport lounge access visits per year (one per quarter). Besides these benefits, as an introductory offer, the cardholder will get Rs 1,000 cashback on a minimum transaction of Rs 20,000 within first 30 days of the activation of credit card.

New Delhi, 12 July 2024: British Council, the UK’s international organisation for educational opportunities and cultural exchange, in partnership with HSBC India, launched the “Climate Skills: Seeds for Transition India” project. This initiative aims to equip young people and communities in India with the skills needed to be resilient to the impending impact of climate change and to contribute to the opportunities of the transition to net zero.

The programme is part of British Council’s long-term international effort to establish a global climate skills approach that empowers youth, informs decision-makers about alternative climate education strategies, and addresses grassroots, national, and global climate challenges. It seeks to go beyond discussion and partner with governments, communities, and institutions to create tangible solutions for the future generation to better understand the impact of climate change across all aspects of life and equip them with the necessary skills needed in the wake of climate change.

The project works with young people aged 18-30 in five countries including India, Brazil, Indonesia, Mexico and Vietnam.

Scott McDonald, Chief Executive, British Council said, “At the British Council, we are committed to empowering young people with the skills and knowledge necessary to tackle the pressing challenges of climate change. Our partnership with HSBC on the ‘Climate Skills—Seeds for Transition India’ project reflects our shared vision of a more sustainable future. By equipping youth with essential climate resilience skills, they can lead the transition to greener economies and drive positive change in their communities. These skills are increasingly critical as we consider projections for the life of our planet and its natural resources.”

Speaking on the partnership, Hitendra Dave, Chief Executive Officer, HSBC India, said, “We have a long history of collaboration with the British Council and the co-creation of programmes that help achieve a larger social purpose. Our partnership on the Climate Skills programme will focus on youth and education, reflecting our joint commitment in equipping the younger generation to understand and adapt to climate change. Together, we aim to improve climate literacy and employability among marginalized youth communities in India.”

Running from July 2024 to February 2026, the project aims to raise awareness among key stakeholders, including government institutions, policymakers, higher educational institutions, and young people, encouraging participation and engagement. It seeks to directly engage 2,000 youth and train 300 master trainers in India/in each delivery country.

The initiative highlights the British Council’s leadership in climate action and its upcoming global climate change strategy. This UK-led international collaboration aims to resource local organisations, empower youth to take climate action, and provide alternative climate education approaches. A unique aspect of the programme is its focus on empowering both urban and rural youth by integrating youth-led social action with climate education. The programme’s international connectivity aims to deliver locally led interventions and connects them with a global network across five countries.

The launch event featured a climate film screening, an official launch by Scott McDonald, Chief Executive, British Council and Hitendra Dave, Chief Executive Officer of HSBC India. Lindy Cameron CB OBE, British High Commissioner to India, Alison Barrett, Director India, Monomita Nag-Chowdhury, Programme Lead of The Climate Connection from the British Council; Rajiv Gandhi National Institute of Youth Development; Yusuf Kabir, WASH Specialist I Focal Point for Climate, Environment & DRR, UNICEF; and Rishika Das Roy, Lead-Sectoral Strategy and Investment at India Climate Collaborative will be part of the discussions.