Card Details

The HSBC TravelOne Credit Card in India is a travel-focused credit card launched by HSBC Bank, designed to cater to frequent travelers with a mix of rewards, travel benefits, and lifestyle perks.

Reward Details

• 4 reward points per ₹100 spent on flights, travel aggregators (e.g., Yatra, MakeMyTrip), and foreign currency transactions (capped at 50,000 points per month).
• 2 reward points per ₹100 on all other spends (no cap).
• 10,000 bonus points if you spend over ₹12 lakh annually.
• Points are valid for 3 years from the end of the month they are earned.

Milestone Details

• Spending Threshold: ₹12 lakh in a membership year
• Benefit:
  • 10,000 bonus reward points.
• Conditions:
  • Calculated over the full membership year (12 months from card issuance or renewal).
  • No monthly or category-specific restrictions for this milestone; it’s based on total annual spend.
• Value: Worth approximately 10,000 air miles or hotel points (e.g., ₹5,000–₹10,000 in travel value, depending on redemption rates).

Reward Redemptions

• Instant 1:1 conversion to air miles or hotel points with numerous partners, including Air India, Singapore Airlines, British Airways, Etihad, Qatar Airways, Accor, Marriott, and IHG (exceptions include Air Asia at 1:3 and Shangri-La Circle at 5:1).
• Redeem via the HSBC India Mobile Banking app.

Pros of HSBC TravelOne Credit Card

Instant reward redemption with a wide range of airline and hotel partners.

Decent lounge access for mid-range travelers.

Partnerships with popular travel aggregators enhance savings potential.

Cons of HSBC TravelOne Credit Card

Forex markup of 3.5% is steep compared to competitors like HDFC Diners Club Black (2%) or cards with zero forex fees.

Reward rate (4% on travel, 2% elsewhere) is less competitive than alternatives like Axis Atlas (up to 10% on travel).

Why We Like It

The HSBC TravelOne Credit Card is a solid mid-range travel card for those who value instant reward redemptions and travel aggregator discounts.

Application Process

• Visit the HSBC India website (www.hsbc.co.in/credit-cards/), click “Apply Now,” or contact HSBC Phone Banking. Approval takes about 7–14 days, with SMS updates on application status.

Card Eligibility

• Age: 18–65 years.
• Income: Minimum annual income of ₹4 lakh (salaried individuals preferred; self-employed applicants face higher rejection rates).
• Residency: Available only in select cities (e.g., Mumbai, Delhi NCR, Bangalore, Hyderabad, Pune, Chennai, Kolkata, Ahmedabad, etc.).
• Additional Note: Easier approval for existing HSBC banking customers.

Conclusion

The HSBC TravelOne Credit Card is a solid mid-range travel card for those who value instant reward redemptions and travel aggregator discounts. However, its high forex fee, modest reward rates, and city-specific availability make it less compelling compared to alternatives like Axis Atlas or HDFC Diners Club Black, especially for high spenders or international travelers. It’s best as a secondary card for HSBC loyalists or those in covered cities who can maximize its travel partnerships.