HSBC · Mid-tier travel card
HSBC TravelOne Credit Card
The most attainable transferable-miles card in India now that Axis Atlas is closed to new applicants. Reward points convert 1:1 to airline and hotel partners instantly in the HSBC app — so you bank points and pick the airline later.
Fees & welcome
Joining fee
₹4,999 + GST.
Last reviewed 2026-06-13 — confirm on official page
Annual / renewal fee
₹4,999 + GST.
Last reviewed 2026-06-13 — confirm on official page
Fee waiver
Annual fee waived on spends of ₹8 lakh in a year.
Last reviewed 2026-06-13 — confirm on official page
Welcome benefit
₹1,000 cashback, a ₹3,000 Postcard Hotels voucher and a 3-month EazyDiner Prime membership — on spending ₹10,000 within 30 days via the HSBC India app.
Last reviewed 2026-06-13 — confirm on official page
Earn rates
Flights, travel aggregators & foreign-currency spends
4 Reward Points per ₹100
All other spends
2 Reward Points per ₹100 (no cap)
Annual milestone
10,000 bonus Reward Points on spends above ₹12 lakh a year
Transfers
1 Reward Point = 1 partner point/mile, transferred instantly in-app to airline and hotel partners — confirm the current partner list on the official page
Last reviewed 2026-06-13 — confirm on official page
Plain math
At 1:1 transfers, a Reward Point is worth roughly ₹1 in partner miles. ₹50,000/month of mixed spend earns ~12,000+ points a year — about ₹12,000 in transferable miles, more than twice the fee, before the ₹12 lakh milestone bonus.
Lounge & forex
Lounge access
6 complimentary domestic and 4 international lounge visits per year.
Last reviewed 2026-06-13 — confirm on official page
Forex markup
3.5%.
Last reviewed 2026-06-13 — confirm on official page
Who it's for
Best for
- Miles collectors who want transfer flexibility, not a single-airline card.
- Anyone who held or wanted Axis Atlas and needs an open alternative.
- Travellers who book flights and hotels across brands.
Not ideal for
- Heavy foreign-currency spenders — the 3.5% forex markup is steep for a travel card.
- Eligibility is also restricted to residents of select metro cities.
- Confirm your city qualifies on the official page.
Official sources
Last reviewed 2026-06-13 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.