HSBC TravelOne Card
HSBC TravelOne Card
- S$1 = 2.4 Miles
- on Foreign Currency Spend
- 3.25%
- Foreign Currency Transaction Fee
- Complimentary
- Travel Insurance coverage, Airport Lounge visits
Get S$199 Cash via PayNow or 3,500 SmartPoints when you apply, spend a min. of S$500 from Card Account Opening Date to end of the following calendar month! Pay Annual Fee for HSBC TravelOne Card. T&Cs apply.
Additionally, enrol in our Rollin' Rewards campaign for FREE and stand a chance to win 50,000 SmartPoints. That’s enough to redeem ANY item from our Rewards Store, such as a Sony BRAVIA 3 85-Inch 4K Ultra HD Google TV (worth S$5,799) + an Apple iPhone 16 Plus 128GB (worth S$1,399).
Are you eligible?
Promotion is valid from 01-December-2024 to 31-December-2024
MoneySmart Exclusive gift is applicable for New-to-HSBC cardholders only
Customers need to apply through MoneySmart to be eligible
For HSBC TravelOne Card the first-year annual fee of S$196.20 (incl. GST) must be paid to be eligible for the promotion.
Applicants need to provide HSBC their consent to receive marketing and promotional materials from HSBC at the time of submitting their application
Spend a min. of S$500 in Qualifying Transactions from Card Account Opening Date to the end of the following calendar month.
Log into your MoneySmart account and submit your claim by 30th January 2025
What you need to know
Use 3,500 SmartPoints to redeem any product from our Rewards Store such as:
- Apple iPad (9th Gen) | Top up $160 more only
- S$250 GrabGifts Vouchers | Redeem in full
- Apple AirPods (4th Gen) with Active Noise Cancellation | Redeem in full
- Hinomi Q1 Ergonomic Chair | Redeem in full
- OR many other options available at our Rewards Store today.
- For more information regarding SmartPoints, refer to our FAQ here.SmartPoints will be credited into your points wallet, with a validity period of 1 year. You can choose to redeem any reward, or accumulate your points for future redemptions.
[Rollin’ Rewards] Enrol in Rollin' Rewards by completing a simple 3-min questionnaire, and you could win up to 50,000 SmartPoints
[Rollin’ Rewards] This earns you 1 chance to score amazing prizes each month.
[Rollin’ Rewards] Increase your chances of winning when you successfully meet the eligibility requirements of this HSBC Credit Card, submit the claim form, and have it successfully approved.
[Rollin’ Rewards] Redeem Epic Rewards with 50,000 SmartPoints such as:
- iPhone 16 Pro Max (18,760 SmartPoints)
- AND Apple Watch Ultra 2 (12,345 SmartPoints)
- AND Apple AirPods Pro (4,030 SmartPoints)
- AND Apple iPad Air Wi-Fi 11” (10,030 SmartPoints)[Rollin’ Rewards] Didn’t win anything this month? You could win in the next—Not to worry, your chance(s) of winning will automatically be accumulated, and rolled over into next month’s draw. T&Cs apply.
Get S$150 worth of GrabGifts vouchers in HSBC’s Christmas Spend & Get Promotion 2024. Valid till 31 Dec 2024. T&Cs apply.
Please note that all rewards (Cash or SmartPoints) will typically be fulfilled approximately 5 months after the end of the campaign month (31 December 2024).
MoneySmart exclusive rewards do not stack with external or third party promotions unless otherwise stated. See T&Cs for details.
*Instantly Activate Your Virtual Card for Google Pay and Apple Pay Shopping! T&Cs apply.
All Details
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HSBC TravelOne Credit Card Benefits 2024
Introduced in early 2023, the HSBC TravelOne credit card represents HSBC's newest addition to its credit card lineup, specifically designed for those passionate about travel. It offers enhanced flexibility, ease, and appealing rewards.
Notable highlights include fee-free miles transfers with 9 frequent flyer partners and the integration with the HSBC mobile app, allowing users to effortlessly redeem travel rewards and handle their payments with utmost convenience. If you're considering whether to get the HSBC TravelOne Credit Card, let's find out if this card is suitable for you as we consider the requirements, pros and cons and more.
Pros and Cons of HSBC TravelOne Card
Pros
- Up to 2.4 miles for every S$1 spent overseas
- No cap on miles/points earned
- Up to 1.2 miles for every S$1 spent locally
- Instant reward redemption with an extensive selection of airline and hotel partners via HSBC Singapore mobile app
- No redemption fee when you redeem for air miles or hotel points
- Annual fee waiver available (from 2nd year onwards)
- Exclusive access to HSBC ENTERTAINER with HSBC Singapore mobile app, enjoy over 1,000 worldwide 1-for-1 deals on dining, lifestyle and travel
- Flexibility to split your purchases across a range of flexible tenors that suits your needs with HSBC credit card Instalment Plans at 0% interest fee
- Complimentary travel insurance
- Complimentary airport lounge visits per year for primary cardholders
Cons
- Interest rate of 26.90%, which is lower than some cashback credit cards (as per MoneySmart's Credit Cards comparison tool)
- Min. spend of S$1,000 to qualify for the 20,000 welcome bonus miles
- Min. spend of S$25,000 per year to qualify for the annual fee waiver
Compare HSBC TravelOne vs. Citi PremierMiles Card vs. SCB Journey Credit Card
Currently, the HSBC TravelOne Card offers the lowest minimum interest rate chargeable as compared to the Citi PremierMiles Card and Standard Chartered Journey Card.
In terms of annual fee, you'll definitely save more with the Standard Chartered Journey Card as compared to the HSBC TravelOne Card and Citi PremierMiles Card, as you wouldn't have to pay any annual fees for it.
When it comes to air miles benefits, the Citi PremierMiles Card comes up on top with the most attractive perks as compared to the HSBC TravelOne Card and Standard Chartered Journey Card, offering the highest air miles per S$1 spent on online travel bookings via Kaligo and Agoda.
However, the Citi PremierMiles Card requires a minimum spend of $800 per month for the first-year fee waiver, unlike the Standard Chartered Journey Card which does not have minimum spend requirements. HSBC TravelOne Card requires an even higher minimum spending of S$25,000 annually to be eligible for the second-year annual fee waiver.
In a nutshell, the HSBC TravelOne Card is worth getting if you're after its fee-free miles transfers with 9 frequent flyer partners, no cap on miles/points earned, plus the instant reward redemption with its extensive selection of airline and hotel partners via the HSBC Singapore mobile app.
Find Out More About The HSBC TravelOne Credit Card In Our Blog Review!
HSBC TravelOne Card Application
Here are 3 simple steps to apply for the HSBC TravelOne Credit Card:
Apply via MoneySmart’s credit cards page
You may begin your application by clicking on our HSBC TravelOne Card application link.
When you choose to apply online or through the HSBC mobile app and via SingPass MyInfo, HSBC will pull your identity and income data from SingPass (which is already verified), thus cutting short the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.
Provide all documentation required
You'll need to provide all the necessary documentation in order for HSBC to approve your credit card application. This list of documents include:
- NRIC or other identification details
- Latest computerised payslip
- Latest 12 months' CPF Contribution History Statement
- Latest Income Tax Notice of Assessment (NOA)
Receive your HSBC TravelOne Credit Card
You’ll be able to activate your HSBC TravelOne Card instantly through the HSBC mobile app, and enter a One-Time Password (OTP) after keying in your 6-digit Online Banking PIN to secure all your credit card transactions. Thereafter, it’s ready for you to use on any of your purchases and you can track your air miles and other rewards with your HSBC mobile app!
Frequently Asked Questions About HSBC TravelOne Card
Are there any fees if I apply for the HSBC TravelOne Credit Card?
- HSBC TravelOne charges an initial annual fee of $196.20 (with waiver available for 2nd year onwards, upon a min. spend of S$25,000 per year), and other fees like supplementary card annual fee, late payment fee, minimum monthly payment, foreign currency transaction fee, cash advance transaction fee, overlimit fee.
Am I eligible for the HSBC TravelOne Credit Card?
- If you’re a Singapore Citizen, Permanent Resident (PR) or foreigner with a valid Singapore Employment Pass, you’re eligible to apply for the HSBC TravelOne Credit Card, as long as you’re aged 21 and above, and earn a minimum annual income of $30,000-$40,000 (for Singaporeans and PRs) or $40,000 (for foreigners).
If I’m late for my monthly HSBC TravelOne Credit Card bill payment, how much do I have to pay?
- Late payment charge is S$100 and additional interest will be calculated on a daily basis at the most updated EIR determined by HSBC at the point of your late payment.