What Is the HSBC TravelOne Credit Card?
The HSBC TravelOne Credit Card is a premium travel-focused card that lets users earn reward points on everyday spends and convert them instantly into airline miles or hotel loyalty points. Unlike cards that restrict redemptions to a single portal, TravelOne offers flexibility across multiple airline and hotel partners.
Eligibility Criteria
To apply for the HSBC TravelOne Credit Card, you must meet the following conditions:
- Age between 18 and 65 years
- Minimum annual income of ₹6,00,000 (salaried individuals)
- Residence in eligible cities such as Delhi NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Kolkata, Ahmedabad, Jaipur, Kochi, Coimbatore, Chandigarh, Indore and Lucknow
HSBC follows a strict approval process. Self-employed applicants may find approvals tougher, but salaried users meeting income and location criteria have a better chance.
Fees, Charges and Welcome Benefits
Annual Charges
- Joining Fee: ₹4,999 + GST
- Annual Fee: ₹4,999 (waived on spends above ₹8,00,000 per year)
- Foreign Currency Markup: 3.5% + GST (effective 4.13%)
While the reward rate on international spends is high, the forex markup slightly reduces overall value overseas.
Welcome Benefits
Spend ₹10,000 within 30 days and get:
- ₹1,000 cashback
- ₹3,000 Postcard Hotels voucher
- 3-month EazyDiner Prime membership
Spend ₹1,00,000 within 90 days to earn:
- 3,000 bonus reward points
HSBC TravelOne Reward Structure Explained
The reward program is designed mainly for travel and lifestyle spending.
- Accelerated Rewards:4 Reward Points per ₹100 on flights, travel portals, and foreign currency spends (monthly cap: 50,000 points)
- Accelerated Rewards:12x Reward Points on hotels and 6x on flights booked via the HSBC TravelOne portal
- Base Rewards:2 Reward Points per ₹100 on all other eligible spends with no cap
No rewards are earned on: fuel, rent, insurance, utilities, government payments, education fees, jewellery, wallets, financial institutions, and UPI transactions.
Travel, Lifestyle and Luxury Benefits
HSBC TravelOne offers a wide range of lifestyle and travel privileges beyond reward points.
- Up to 20% off on platforms like Yatra, EaseMyTrip, Paytm, Cleartrip, StayVista, and AdaniOne Duty-Free
- Up to 50% discount on the District app by Zomato
- Exclusive shopping privileges at Bicester Collection Villages
- Complimentary domestic and international airport lounge access
- Golf benefits, dining offers, and purchase protection
Milestone Benefits You Should Know
- ₹10,000 spend in first 30 days unlocks welcome benefits
- ₹1,00,000 spend in first 90 days earns 3,000 bonus points
- ₹8,00,000 annual spend waives the renewal fee
- ₹12,00,000 annual spend earns an additional 12,000 bonus reward points
Pros and Cons of HSBC TravelOne Credit Card
Pros
- Strong welcome benefits with hotel and dining perks
- Instant reward transfers to airline and hotel partners
- Good travel discounts across multiple platforms
- Complimentary lounge access for frequent travellers
Cons
- High forex markup(4.13%), reduces value for international spends
- Monthly reward cap of 50000 points limits high spenders
- Limited acceptance in India compared to HDFC, Axis, and Amex
- Strict approval criteria, especially for self-employed users
Is HSBC TravelOne Worth It?
The HSBC TravelOne Credit Card is a well-designed travel card for users who value flexible redemptions and instant transfers to airline and hotel programs. It works best for moderate to high spenders who can meet the annual fee waiver threshold.
However, if low forex markup or wider domestic acceptance is your priority, cards like Axis or HDFC’s premium offerings may suit you better. For travellers who prefer choice and simplicity in redemptions, HSBC TravelOne remains a strong option.
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