HSBC TravelOne Credit Card Review
Reward points that transfer instantly to 20 airline and hotel programmes at near 1:1 ratios, paired with 10 lounge visits a year and no minimum spend to unlock them.
Quick facts
Existing HSBC cardholders get a 50% discount on the joining fee. The annual fee is waived in full if you spend ₹8 lakh or more on the card in the preceding 12 months.
Fees and reward rates
An Amazon e-gift voucher, ₹1,000 cashback, a ₹3,000 PostCard Hotels voucher and a 3-month EazyDiner Prime membership on spending ₹1 lakh within 90 days.
| Charge | Amount |
|---|---|
| Joining fee | ₹4,999 + GST |
| Annual/renewal fee | ₹4,999 + GST |
| Renewal fee on ₹8 lakh+ annual spend | 100% waived |
| Add-on card fee | Nil |
| Existing HSBC cardholder joining fee | 50% off |
| Forex mark-up | 3.5% of transaction value |
| Spend category | Reward rate |
|---|---|
| Flights, hotels, travel aggregators & forex spends | 4 RP per ₹100, capped at 50,000 RP/month |
| All other eligible spends | 2 RP per ₹100 |
| HSBC Rewards Marketplace travel bookings | Up to 12X points on selected hotel and flight bookings |
What else you get
Reward points transfer instantly, mostly at 1:1, to 20 airline and hotel partners including Air India, British Airways, Etihad, Qatar Airways, Accor and Marriott
6 domestic lounge visits a year via the HSBC TravelOne Lounge Programme (50+ lounges) and 4 international visits via LoungeKey, with no minimum spend required
4 complimentary chauffeur-driven airport transfers a year
USD 20,000 purchase protection cover per year
Discounts on Yatra, EaseMyTrip, Cleartrip, Paytm and StayVista bookings
Buy-one-get-one movie offer on the District app and up to 20% off duty-free via AdaniOne
Eligibility
| Criteria | Requirement |
|---|---|
| Age | 18 to 65 years (salaried) |
| Income (salaried) | ₹4 lakh annual income and above |
| Income (self-employed) | Assessed individually; broadly comparable to the salaried threshold |
| Credit history | CIBIL score of 750 or above |
| Residency | Resident of Delhi NCR, Mumbai, Bengaluru, Hyderabad, Chennai, Pune, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, Kolkata and a few other listed cities |
HSBC issues credit cards only to residents of its serviceable cities — mainly Delhi NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, Kolkata and other large metros — confirm current city availability and exact fee terms on the official HSBC India website before applying.
Verdict
What works
- Genuinely flexible points transfer to 20 partners at near 1:1 ratios, rare in the Indian market
- Lounge access has no spend gate, unusual for a sub-₹5,000 travel card
- Achievable ₹8 lakh spend threshold for a full fee waiver
- Accelerated Rewards Marketplace can push travel-booking returns up to 24%
What to watch for
- 3.5% forex mark-up undercuts the value of earning accelerated points on international spends
- 4 RP/₹100 accelerated rate excludes fuel, rent, utilities, insurance and jewellery
- No guest access on lounge visits
- Card is relatively new, so long-term partner terms could still shift
FAQs
How do I get the HSBC TravelOne annual fee waived?
How many transfer partners does HSBC TravelOne support?
Does HSBC TravelOne require a minimum spend for lounge access?
Is HSBC TravelOne good for international spending?
Compare more HSBC cards
See the full HSBC India lineup on SearchLocally.in.