HSBC TravelOne Credit Card
HSBC India · Mastercard
Why this card?
- 1% back in miles on travel and international spends; 0.5% on other spends
- ₹4,999 joining and annual fee; renewal fee waived on ₹8 lakh yearly spend
- 6 domestic and 4 international airport lounge visits a year
Card details
- Issuer
- HSBC India
- Network
- Mastercard
- Annual Fee
- ₹4,999
- Joining Fee
- ₹4,999
- Reward Type
- miles
- Best Reward Rate
- 4% on international spends (4 miles per ₹150)
- Forex Markup
- 2%
- Domestic Lounge
- 6/yr
- Min. Monthly Income
- ₹1,00,000
- Rates verified
- 2026-10-06
Our verdict
HSBC TravelOne earns 4 reward points per ₹100 on flights, travel aggregators and foreign-currency spends, and 2 per ₹100 on everything else, with points convertible to miles. The 2% forex markup is unusually competitive. At ₹4,999/year (waived at ₹8L spend), it competes directly with Axis Atlas and SBI MILES Elite.
Pros
- 4 reward points per ₹100 on flights, travel aggregators and foreign-currency spends
- 2% forex markup — far lower than category average of 3–3.5%
- 6 local and 4 international lounge visits per year
- 2 reward points per ₹100 on other spends, with no cap
Cons
- ₹4,999 annual fee if spend stays below ₹8L
- No fuel surcharge waiver
- Points carry no stated rupee value; at about ₹0.25 a point, the base earn is roughly 0.5% and travel earn roughly 1%