The HSBC TravelOne earns in Reward Points, which this calculator values at ₹1 per point. Base earn rate is 2% value back, the annual fee is ₹4,999 + GST, and forex markup is 3.5%.
Its strongest category is Flights at 4% value back.
| Category | Value back | Detail |
|---|---|---|
| Flights | 4% | 2X on flights & travel aggregators |
Booking through SmartBuy, iShop or Travel EDGE changes the maths on this card.
| Category | Value back | Detail |
|---|---|---|
| Flights | 8% | HSBC travel portal 4X |
| Hotels | 12% | HSBC travel portal 6X |
Accelerated rates stop at a spend threshold. Past it, you earn the fallback rate.
| Category | Cap | After the cap |
|---|---|---|
| Flights | ₹12,50,000 | drops to 2% |
The HSBC TravelOne earns no rewards on Rent, Utilities, Insurance, Govt & Tax. Put that spend on another card.
1:1 transfers to 20 partners including Accor - where a point stretches to ~₹1.80. The best Accor route left in India. 10,000 bonus RP at ₹12L annual spend, all categories counted.
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