HSBC

HSBC India TravelOne Credit Card

Good for lounge and lifestyle benefits.

Should you get this?

Conditional fit

Confirm terms with the issuer

Why this card

  • 4 points/₹100 on eligible airlines, travel aggregators and foreign-currency transactions
  • Best suited when airline and travel-aggregator spending is a meaningful part of your card usage.
  • You travel frequently and will use the lounge benefits.
Issuer evidence · 6 sources →

Trade-off

The annual fee (₹4,999) is waived only when eligible annual spend exceeds ₹8,00,000.

Annual fee ₹4,999 per year
Rewards 2 pts / ₹100 base
Lounge access 6 domestic + 4 international visits / year
Forex markup 3.5% high
Compare with AU Small Finance Bank Zenith+ →

Similar lounge profile

What it costs to get, and to keep

Joining vs renewal

First year

₹4,999joining fee

From year 2

₹4,999renewal fee

Waived above ₹8,00,000 eligible annual spend

Welcome offer

Introductory welcome for applications 1 Jul–31 Dec 2026

Cashback · Postcard Hotels · EazyDiner Prime

Qualification and fulfilment conditions apply

Rewards

Earning rules

Detail · from the summary above
ScopeRateEligibilityLimit
General spend2 pts / ₹100Credited as reward points—
Airlines and travel aggregators4 pts / ₹100Credited as reward pointsCalendar-month cap: 50,000 points shared across Airlines and travel aggregators & Foreign-currency transactions. Further eligible spend earns the base rate (2 pts / ₹100)
Foreign-currency transactions4 pts / ₹100Credited as reward pointsShared across Airlines and travel aggregators & Foreign-currency transactions

One shared ceiling applies across 2 of these categories — they draw from the same cap pool.

Redemption value

What a Reward Point is worth

Transfers — HSBC Reward Point

Partner conversion ratios (bank points → partner units)

  • Air India1:1up to 5 working days
  • KrisFlyer1:1typically instant to 1 working day
  • United MileagePlus2:1typically instant to 1 working day
  • Turkish Miles&Smiles2:1typically instant to 1 working day
  • AirAsia1:3typically instant to 1 working day
  • Accor ALL1:1typically instant to 1 working day
  • Marriott Bonvoy1:1typically instant to 1 working day
  • Shangri-La Circles5:1typically instant to 1 working day

How to avoid the annual fee

Spend threshold for waiver
Above ₹8L annual eligible spend required for the waiver

Annual fee is ₹4,999. The issuer doesn't publish a documented cash value for its reward points, so a reliable rewards break-even estimate can't be shown.

Reward reality — the earning-rate detail behind the numbers above

Reward reality

Conclusion · what you actually get

Eligible spend

2 points per ₹100 on eligible spend

Caps

  • Airlines and travel aggregatorsCalendar-month cap: 50,000 points shared across Airlines and travel aggregators & Foreign-currency transactions. Further eligible spend earns the base rate (2 pts / ₹100)
View full earning rules →

Realisation

Credited as reward points

Point value

No universal INR value — transfer value depends on the selected airline, hotel or voucher path

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds
RequirementAmountPeriodUnlocks
Annual fee waiver₹8,00,000yearAnnual fee waiver
Milestone spend₹12,00,000yearMilestone benefit

Reported but unverified

Evidence · not used as this card's figures
Renewal fee
₹4,999Reported by secondary sources · verify with issuer · 1 source

Evidence only · excluded from decisions

Watch outs

Before choosing this card
  • Forex markup is 3.5%, so frequent international spends may be costly.
  • Fee waiver requires spend above ₹8,00,000 annually.
  • No universal INR value. Transfer value and conversion ratio depend on the selected airline, hotel or voucher path.

Estimated usage

Example usage at this monthly spend

₹
  • At this monthly spend, you'd earn: Based on the standard earn rate (2 pts / ₹100). Up to ~1,000 pts/month if the entire spend qualifies. Excluded transactions and category rules earn less. Partner bonuses aren't included.
  • We can estimate the points earned, but not a verified ₹ value yet.
  • Fee waiver unlikely at this spend
  • Forex cost ~₹1,750 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts
Benefits

Lounge Access

Domestic (cardholder)
6 per year — via HSBC India lounge programme · verified 6 Jul 2026

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
International (cardholder)
4 per year

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
Guest access
Guests: paid access

Lounge network

Rewards

Base earn
2 points per ₹100 value depends on redemption

Insurance Cover

Lost card liability cover
₹3 lakh · verified 31 Jul 2026
Purchase protection
₹16.7 lakh annual / ₹2.5 lakh per occurrence · verified 31 Jul 2026 Purchase protection for eligible goods (separate from lost-card misuse cover); check issuer policy for claim window and exclusions
Fees & charges

Fees

Monthly interest rate
3.75% / month
Annual fee
₹4,999
Joining fee
₹4,999 · verified 31 Jul 2026
Fee waiver spend
Above ₹8,00,000 · verified 31 Jul 2026 Annual fee waived on eligible anniversary-year spend above ₹8,00,000.

International Use

Forex markup
3.5%

Issuer documented · corroborating sources · verify issuer terms before applying

Where to verify
Product tier
Premium

Travel & perks

Spend milestones

Progression rewards
  1. ₹12L spend → 10,000 HSBC REWARD POINTS

Fuel Benefits

At the pump

No verified fuel benefit available.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits
SIDE BY SIDE
HSBC India TravelOne
vs
AU Small Finance Bank Zenith+
SIDE BY SIDE
HSBC India TravelOne
vs
Axis Bank SELECT
SIDE BY SIDE
HSBC India TravelOne
vs
ICICI Bank Sapphiro Mastercard
SIDE BY SIDE
HSBC India TravelOne
vs
SBI Card Miles Elite

The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

  • Calendar-month cap: Calendar-month cap: 50,000 points shared across Airlines and travel aggregators & Foreign-currency transactions.
  • After the shared cap is reached, further spends earn the base rate.

Latest update

  • Annual fee: ₹4,999.
  • Forex markup currently listed at 3.5%.
  • 6 per year domestic lounge · 4 per year international.

Common questions

From verified card facts

Is this good for lounge access?

6 domestic + 4 international lounge visits/year. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.

Is this good for international spends?

Forex markup is 3.5%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Fee waiver applies above ₹8,00,000 annual spend. Verify eligible spend exclusions before counting on it.

When do welcome benefits arrive?

Introductory welcome for applications 1 Jul–31 Dec 2026. Included items: Cashback — ₹1,000 cashback after HSBC app download/login + ₹25,000 spend within 30 days (new primary cardholders; applications 1 Jul–31 Dec 2026), Postcard Hotels — ₹3,000 Postcard Hotels voucher under same first-30-day spend conditions, EazyDiner Prime — 3 months EazyDiner Prime under same first-30-day spend conditions. Timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Learn

Learn more

Guides matched to this card — not a random syllabus.

All guides →
Last refreshed 4 Sept 2026 moneymatters.cards Change look saved in this browser only
Important

Data compiled from issuer and public information. Details may change — verify with issuer. Reference data, not financial advice.

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