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HSBC India TravelOne Visa vs SBI Card ELITE Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the HSBC India TravelOne Visa and the SBI Card ELITE. Verify fees, lounge access, forex markup, and base rewards before you apply.

Travel HSBC India TravelOne Visa HSBC India TravelOne Visa is stronger here. Forex markup is 0%.
Forex HSBC India TravelOne Visa HSBC India TravelOne Visa is stronger here. Forex markup is 0%.
Lounge SBI Card ELITE SBI Card ELITE is stronger here. Domestic lounge access is 8/year.

Quick comparison

Feature TravelOne Visa ELITE
Annual fee ₹4,999 Waivable at ₹8,00,000 spend ₹4,999 Waivable at ₹10,00,000 spend
Forex fee 0% 1.99%
Domestic lounge 6/year 8/year

Fees: Tie

Confidence: High

Forex: TravelOne Visa wins

Confidence: Medium (verify with issuer)

Lounge: ELITE wins

Confidence: Medium (verify with issuer)

Confidence varies by card — verify issuer terms

TravelOne Visa 2 pts / ₹100 on General spend
ELITE 2 pts / ₹100 on General spend

Pick based on what matters

Start with the constraint you care about most: annual fee (HSBC India TravelOne Visa: ₹4,999 vs SBI Card ELITE: ₹4,999), forex markup (0% vs 1.99%), or lounge access (6/year vs 8/year).

Explore: HSBC India TravelOne Visa card page · SBI Card ELITE card page · best credit cards in India

If this pair is close, these are the next useful side-by-side checks.

Confidence: Medium (verify with issuer)

Verify with issuer (opens in new tab)

Confidence: High

Verify with issuer (opens in new tab)

Example usage at this monthly spend

At ₹50k/month spend:

Illustrative only, using current base rates before caps.

TravelOne Visa HSBC India ELITE SBI Card
Lounge Access
Domestic lounge visits
6/year vs 8/year
6/year 8/year
International lounge visits
4/year vs 6/year
4/year 6/year
Forex / International Use
Forex markup
Source agreement differs — verify both.
0% vs 1.99%
0% 1.99%
Fees
Annual fee ₹4,999 ₹4,999
Joining fee ₹4,999 ₹4,999
Fee waiver spend
₹8,00,000 vs ₹10,00,000
₹8,00,000 ₹10,00,000
Rewards
Points per ₹100 2 pts 2 pts
Point cash value
₹0.35 vs ₹0.25
₹0.35 ₹0.25

Notes