HSBC TravelOne Credit Card – Benefits, Fees & Eligibility

HSBC TravelOne Credit Card

The HSBC TravelOne Credit Card is designed for individuals seeking instant travel rewards and elevated travel experiences. It offers accelerated reward points on travel-related spending and foreign currency transactions, coupled with an extensive selection of airline and hotel partners for seamless redemption. This card provides a strong reward rate, alongside a variety of travel and lifestyle perks, including complimentary airport lounge access, insurance benefits, and recurring discounts on popular platforms.

Welcome Benefits

• Upon spending INR10,000 within the first 30 days of credit card account opening and logging into the HSBC India Mobile Banking app:
  • INR1,000 cashback.
  • The Postcard Hotel voucher worth INR 3,000.
  • 3 months EazyDiner Prime Membership.
  • Note: The Postcard Hotel voucher is only valid for guests staying at the hotel during their visit.
• Upon spending INR100,000 within the first 90 days of card setup:
  • 3,000 bonus reward points.
• These welcome benefits are subject to Introductory Offer Terms and Conditions and Milestone Terms and Conditions.
• The additional 3,000 points offer is a limited-time promotion, valid until December 31, 2025.

Fees

• Joining Fee: INR4,999 + GST (~INR5,899).
• Renewal Fee: INR4,999 + GST (~INR5,899).
• Spend-Based Waiver: The annual fee is waived if you spend more than INR800,000 a year.
• Rewards Redemption Fee: N/A.
• Foreign Currency Markup: 3.5% of the transaction amount.
• Interest Rates: 3.75% per month (45% per annum).
• Fuel Surcharge: Maximum waiver of INR250 per month.
• Cash Advance Charges: 2.5% of the transaction amount (minimum of INR500).

Rewards

Reward Point Earn Rates

• Accelerated Earn: Earn 4 reward points for every INR100 spent on flights, travel aggregators, and foreign currency transactions.
  • This accelerated earn rate is capped at 50,000 reward points per month. Beyond this cap, the spending reverts to the regular earn rate of 2 reward points per INR100.
  • Accelerated Categories (MCCs):
    • Airlines: 3000-3069, 3071, 3071, 3075-3079, 3081-3090, 3094, 3096-3103, 3106, 3110-3112, 3115, 3117, 3118, 3125-3127, 3129-3133, 3135-3138, 3143-3146, 3148, 3151, 3154, 3156, 3159, 3161, 3164, 3165, 3167, 3170-3172, 3174-3178, 3180-3188, 3190-3193, 3196, 3197, 3200, 3203, 3204, 3206, 3211-3223, 3226, 3228, 3229, 3231, 3233-3236, 3238-3243, 3245-3248, 3251-3254, 3256, 3259-3263, 3266, 3267, 3280, 3282, 3284-3287, 3292-3300, 3302, 4511.
    • Travel Aggregators: 4722, 4723.
• Base Earn: Get 2 reward points for every INR100 spent on all other eligible categories, with no cap.
• Add-on Cards: Spending on add-on cards is eligible for reward points, with the cap calculated based on cumulative rewards earned across primary and add-on cards.

HSBC Rewards Marketplace

• Earn accelerated reward points when making hotel, flight, and car rental bookings through the HSBC Rewards Marketplace portal:
  • Hotels: 6X (24 Points per INR100).
  • Flights: 4X (16 Points per INR100).
  • Car Rentals: 2X (8 Points per INR100).
• Accelerated reward points from the Marketplace are capped at 18,000 points per cardholder per calendar month. Base reward points have no cap.
• Any accelerated points earned will be credited to the cardholder’s account within 10 days of the transaction being settled.

Milestone Benefits

• Earn 10,000 bonus reward points when you spend INR1,200,000 or more in a card anniversary year. There are no exclusions for the calculation of spending done for this milestone benefit.

Travel Benefits

• Airport Lounge Access:
  • 6 complimentary domestic airport lounge visits every year.
  • 4 complimentary international airport lounge visits every year via LoungeKey.
• Travel Discounts:
  • Yatra: Save 15% on international and domestic flights and hotels when booking through the Yatra app or website using promo code: HSBCTRAVEL1.
  • EaseMyTrip: Save 15% on international and domestic flights and hotels when booking through the EaseMyTrip app or website using promo code: EMTHSBCT1.
  • Paytm Flights: Save 15% on international and domestic flights when booking through the Paytm app or website using promo code: HSBCTRAVEL.
  • ClearTrip: Save 15% off on international and domestic flights when booking through the ClearTrip app or website using promo code: CTHSBCTRAVELONE.
• Hotel & Stay Discounts:
  • StayVista: Enjoy 11% off on hotel bookings made through the StayVista website (maximum 2 bookings per card per year; maximum saving per booking INR3,000).
• Duty-Free Shopping:
  • AdaniOne: Save up to 20% (up to INR3,000) on duty-free shopping on their app or website when you spend INR8,000 or more, once per card per year, using promo code: HSBCTRAVELONE.

Lifestyle Benefits

• Dining & Entertainment (District app by Zomato):
  • Enjoy up to 10% off events with promo code HSBCTOEVENTS.
  • Enjoy up to 10% off dining with promo code HSBCTODINING.
  • Buy 1 movie ticket and get 1 free, twice a month, up to INR200 per ticket, with promo code HSBCTOMOV.
• Golf Privileges:
  • Enjoy 4 complimentary rounds of golf per calendar year.
  • Enjoy 12 complimentary golf lessons per calendar year (maximum 1 per calendar month).
  • Get 50% off your green fees for additional rounds. These benefits are part of the Mastercard World Platform benefits.

Insurance Benefits

• Purchase Protection: Get purchase protection of up to USD20,000 every year (equivalent to INR16,66,600 annual aggregate limit and INR2,49,990 per occurrence limit). This benefit is offered by Tata AIG through Mastercard.

Reward Point Exclusions

• No reward points shall be earned on spending in the following categories:
  • Bail and bond payments (MCC 9223).
  • Education and government (MCCs 9399, 8299, 8220, 8211, 8241, 8244, 8249, 9222, 9402, 9211, 9405).
  • E-wallets (MCC 6540).
  • Financial institutions (MCCs 6010-6012).
  • Fuel (MCCs 5541, 5983, 5172, 5542, 5552).
  • Insurance (MCCs 6300, 5960).
  • Jewellery (MCCs 5944, 5094).
  • Money transfers (MCC 4829).
  • Non-financial institutions (MCC 6051).
  • Real estate agent and managers (MCC 6513).
  • Tax payments (MCC 9311).
  • Utilities (MCC 4900).

Rewards Redemption Guide

The HSBC TravelOne Credit Card is the first HSBC credit card to offer instant redemptions with an extensive selection of airline and hotel partners, all within the convenience of your mobile app. Reward points can be converted to Air Miles or Hotel points typically at a 1

ratio, with instant or within one-day processing for most partners.

Steps to Redeem Reward Points via HSBC India App:

1. Log in to the HSBC India app and select your TravelOne card.
2. Tap on ‘View More’ and then select ‘Redeem Points.’
3. Tap ‘Redeem Points Now’ to access the Rewards Marketplace.
4. Choose the category (e.g., airline, hotel) you want and fill in the requested details.
5. Enter the number of points you wish to redeem and tap ‘Continue.’
6. Review and accept the HSBC Rewards Programme Terms and Conditions, then tap ‘Continue.’
7. Review your request and place your order.

Airline Transfer Partners

• Air India: Air India Maharaja Club (1
  ratio)
• Air Asia: AirAsia Rewards (1
  ratio)
• Air France-KLM: Flying Blue (1
  ratio)
• British Airways: British Airways Executive Club (1
  ratio)
• Etihad Airways: Etihad Guest (1
  ratio)
• EVA Air: Infinity MileageLands (1
  ratio)
• Hainan Airlines: Hainan Airlines Fortune Wings Club (1
  ratio)
• Japan Airlines: JAL Mileage Bank (1
  ratio)
• Singapore Airlines: Singapore Airlines Krisflyer (1
  ratio)
• Qantas Airways: Qantas Frequent Flyer (1
  ratio)
• Qatar Airways: Qatar Airways Privilege Club (1
  ratio)
• Thai Airways: Royal Orchid Plus (1
  ratio)
• Turkish Airlines: Turkish Airlines Miles&Smiles (2
  ratio)
• United Airlines: United MileagePlus (2
  ratio)
• Vietnam Airlines: Vietnam Airlines Lotusmiles (1
  ratio)

Hotel Transfer Partners

• Accor: ALL - Accor Live Limitless (1
  ratio)
• IHG® Hotels & Resorts: IHG One Rewards (1
  ratio)
• Marriott International: Marriott Bonvoy (1
  ratio)
• Shangri-La: Shangri-La Circle (5
  ratio)
• Wyndham Hotels & Resorts: Wyndham Rewards (1
  ratio)

Card Eligibility Criteria

To apply for the HSBC TravelOne Credit Card, you must meet the following criteria:

• Age: Be aged between 18 and 65 years old.
• Income: Have a minimum annual income of INR400,000 for salaried individuals.
• Residency: Be an Indian resident.
• Location: Reside in one of the following cities: Chennai, Gurgaon, Delhi National Capital Region (NCR), Pune, Noida, Hyderabad, Mumbai, Bangalore, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, or Kolkata.

Documents Required

• The latest salary slip (if you are a salaried employee).
• Proof of residence.
• Identity proof.
• Your Permanent Account Number (PAN) card.
• Note: This list is for reference purposes only; additional documents may be requested during the credit card application process.

Card Review

The HSBC TravelOne Credit Card is specifically designed for individuals who travel frequently, whether for work or leisure. It stands out with its high reward rate on travel-related and foreign currency spending, combined with instant redemption options across a wide array of airline and hotel partners. The card offers significant value through its comprehensive travel perks, including complimentary lounge access, golf privileges, and various travel and lifestyle discounts.

Pros:

• No exclusions for the spending calculation towards the INR12 lakh milestone benefit, making it easier to achieve the bonus 10,000 reward points.
• An extensive network of over 20 hotel and airline transfer partners, offering flexibility for reward point redemption.
• Instant redemption of reward points to air miles/hotel points via the mobile app.
• Strong reward rate of ~4% on travel and international transactions.

Cons:

• The 3.5% foreign currency markup charge can significantly offset the 4% reward rate on international spending, reducing the effective benefit.
• The INR3,000 Postcard voucher included in the welcome offer is quite specific, only applicable for guests staying at Postcard hotels, which may not appeal to all users.

Overall Verdict: The HSBC TravelOne Credit Card is an excellent choice for dedicated travelers who can maximize its accelerated reward points on travel and foreign transactions, especially those who appreciate a broad selection of instant redemption partners. While the foreign currency markup is a notable drawback for international spends, the card's other travel, lifestyle, and insurance benefits, along with its milestone rewards, make it a compelling option for frequent flyers and global explorers within its serviceable cities.

Important Product Details

• This card comes with a joining and renewal fee of INR4,999 + GST.
• It offers a strong reward rate, especially for travel-related spending, with 4 Reward Points for every INR100 spent on flights, travel platforms, and international transactions, and 2 Reward Points for all other eligible spends.
• Reward points can be transferred to over 20 hotel and airline partners, with most redemptions being instant or completed within one day.
• The annual fee can be waived on annual spends of INR800,000.
• Cardholders can enjoy 6 complimentary domestic and 4 international airport lounge visits annually.
• Benefits include purchase protection of up to USD20,000, complimentary golf rounds and lessons, and discounts on dining, movies, and duty-free shopping.
• A key feature is the ability to instantly convert reward points to air miles (1
  ratio) directly through the HSBC India mobile app.
• The card also offers HSBC Instalment Plans, allowing users to convert purchases into equated monthly instalments (EMI).

Other Details

• Amazon eGift Voucher Offer: When applying online and completing the application with video self-verification, you will be eligible for an Amazon eGift Voucher worth INR250. This offer is valid from August 1, 2025, to September 30, 2025. The eGift Voucher (WinPin code) will be sent to your registered email ID within 45 days of the offer end, i.e., by November 15, 2025. Standard terms and conditions apply for both the offer and the voucher usage.
• HSBC Anytime Credit: This feature allows you to convert the limit on your credit card into cash and repay in equated monthly instalments.
• Instant EMI: Repay your purchases with your HSBC credit card in equated monthly instalments to suit your convenience.