HSBC TravelOne Credit Card

Card Details

Issuer: HSBC
Card type: Travel
Joining fee: ₹4,999 + GST
Annual fee: ₹4,999 + GST
Rewards currency: Reward Points
Forex markup: 3.5%

Our Rating

4.8

Highlights

₹1,000 cashback, ₹3,000 postcard hotel voucher and EazyDiner Prime after ₹10K spend in 30 days.
Earn 4 Reward Points per ₹100 on travel and overseas purchases.
1 RP = 1 airline mile or hotel point with select partners
Access 6 domestic and 4 international lounges plus golf and lifestyle privileges.

Welcome, annual & renewal benefits

Annual Fee : ₹4,999 + GST (waived on ₹8,00,000 annual spend)
₹1,000 cashback, ₹3,000 postcard hotel voucher and EazyDiner Prime after ₹10,000 spend in 30 days.
3,000 bonus Reward Points on spending ₹1,00,000 in 90 days od card setup

Reward earning

Spend type	Earn rate	Reward Value Accor
Flights on HSBC Market Place	16 RP / ₹100	~32%
Hotels on HSBC Market Place	24 RP / ₹100	~48%
Airlines & OTAs & foreign currency	4 RP / ₹100	~8%
Foreign currency	4 RP / ₹100	~8%
All other eligible spends	2 RP / ₹100	~4%

Accelerated Points earned for travel and international spending are capped at 50,000 points
HSBC Market Place has a price guarantee up to ₹1,500 per booking.
15% off up to ₹5,000 on flight bookings via Paytm Flights and ClearTrip
20% off on select duty free stores
Prices on HSBC Marketplace tend to be higher than other OTAs, which dampens the reward rate
HSBC frequently runs 0 Forex Markup offer

Redemption options

Transfer points instantly to airline and hotel partners through the HSBC mobile app for 1:1 conversions on most partners.

1 RP = ₹0.30 on HSBC Market Place

Milestone bonuses

Milestone	Reward
₹1,00,000 spend in the first 90 days	3,000 bonus Reward Points
₹12,00,000 spend each anniversary year	10,000 bonus Reward Points

Travel privileges

Six domestic and four international lounge visits per year included in the base fee.
Four complimentary golf rounds and twelve lessons annually (one free benefit per month).
Holiday partner offers: 15% off with Yatra, EaseMyTrip, Paytm Travel, Cleartrip, plus 11% off StayVista (max ₹3,000).
Duty free savings up to 20% at select outlets.

Additional privileges

District: Buy One Get Free on movie ticket bookings, twice each month, up to ₹200.
Duty-Free (AdaniOne): Up to 20% off on duty-free shopping.
Insurance Benefit : Purchase Protection Up to $20,000 Each Year.
Fuel surcharge waiver (up to ₹250 per month).

Eligibility

Annual Income greater than ₹6,00,000

Review

HSBC Travel One has been re-rated since the launch of travel bookings on HSBC Market place. 16% on flight and 24% return on hotels are good propositions.

Prices on HSBC MarketPlace travel website tend to be on a higher side so do your research before booking. What we really do not like about HSBC market place is the room inventory. We have observed that for most hotels and rooms, booking with breakfast option is not available.

One of the best travel cards considering a low entry barrier of a 6 lakh salary requirement.
This card might not suit you if you already hold a super premium card or an Axis Atlas.
High prices on HSBC Marketplace are a bummer.
HSBC has Accor as a transfer partner so it enhances reward value