HSBC launches the NEW TravelOne credit card in Singapore

ADVERTISEMENT

HSBC has launched a new travel credit card in Singapore and it is called HSBC TravelOne Mastercard.

Key details

  • Earn 1.2 miles per dollar (3x points) on local SGD spending
  • Earn 2.4 miles per dollar (6x points) on foreign currency spending
  • 12 airline/hotel transfer partners (see below)
  • Points transfers will be completed instantly, or within 1 business day
  • Free points transfers till 31 Dec 2023
  • Auto-enrollment into HSBC’s Mileage Programme (no fee till 31 Dec 2023)
  • Points expire 37 months from transaction
  • 4x complimentary airport lounge visits annually (Dragon Pass)
  • Minimum annual income requirement of S$30,000 for Singaporeans and PRs
  • Sign-up bonus of 20,000 miles (worth S$375) for new and existing cardholders
  • Annual fee of S$194.40 (no waiver)
  • Complimentary travel insurance
  • Terms & conditions
HSBC TravelOne card
Subscribe to Suitesmile on Telegram
to be the first to know about amazing
deals and travel hacks. It's FREE!
Subscribe

Sign-up bonus

From 12 May to 2 July 2023, new or existing cardholders can get 50,000 points (20,000 miles) upon paying the annual fee (S$194.40), spending at least S$800 by the end of the following calendar month and providing marketing consent to HSBC.

With this sign-up bonus, you’ll only need 5,000 more miles to travel to Japan/Korea in Business Class!

Related: Cheapest ways to fly between Singapore and North Asia using Miles/Points from Singapore cards

On top of that, by applying through the links on this page, new cardholders of HSBC will get an additional S$30 cash reward, on top of the above sign-up bonus.

Important steps to take during application

To receive the sign-up bonus, you are required to follow these important steps:

  1. Click on any link on this page to apply
  2. Enter your email address
  3. Complete your application on the bank’s website and take note of the application reference number (ARN)
  4. Fill up the redemption form that you receive via email
  5. Upon approval, forward the bank’s approval email to [email protected]

Related: Best Credit Card Sign-Up Bonuses in Singapore

ADVERTISEMENT

Transfer partners

Other than Citibank cards, most other good miles/points cards in Singapore have very limited transfer partners. This has changed!

Points earned on the HSBC TravelOne card can be transferred to 12 Frequent Flyer and Hotel Loyalty programs, giving cardholders much better flexibility. In the Miles Game, flexibility is very important!

With this card, Singapore cardholders have another card with great transfer partners like EVA Air’s MileageLands and BA’s Executive Club (which can then be transferred to Qatar’s Privilege Club).

As shared previously, miles from these FFPs can be redeemed for cheap award flights to/from Europe and North Asia.

Additional note: Unfortunately, the HSBC Revolution card will continue to have just two transfer partners, for now at least. HSBC’s Mileage Program will also have to be enrolled separately for both cards.

Frequent Flyer Programs

Here are the FFPs that you can transfer to, from the HSBC TravelOne card:

Frequent Flyer ProgramTransfer Ratio
Singapore Airlines
KrisFlyer
25,000 points =
10,000 miles
Cathay Pacific
Asia Miles
25,000 points =
10,000 miles
EVA Air
Infinity MileageLands
25,000 points =
10,000 miles
British Airways
Executive Club
25,000 points =
10,000 miles
Air France-KLM
Flying Blue
25,000 points =
10,000 miles
Qantas
Frequent Flyer
25,000 points =
10,000 miles
Vietnam Airlines
Lotusmiles
25,000 points =
10,000 miles
Etihad
Guest
25,000 points =
10,000 miles
airasia
rewards
25,000 points =
10,000 miles

Hotel Loyalty Programs

Here are the hotel loyalty programs that you can transfer to, from the HSBC TravelOne card:

Hotel Loyalty ProgramTransfer Ratio
Marriott
Bonvoy
25,000 points =
10,000 points
IHG
One Rewards
25,000 points =
10,000 points
Accor
Live Limitless
25,000 points =
5,000 points

Bottom line

HSBC has launched the HSBC TravelOne Mastercard, giving cardholders free airport lounge access, uncapped earn rates of 1.2/2.4 mpd and great flexibility when redeeming miles/points.

General-spending cards like this are never meant to take on specialized cards like the Citi Rewards and HSBC Revolution. However, this card has enough good features to rank highly in Suitesmile’s list of the best general-spending, airport lounge and foreign currency cards in Singapore.

And since this is a Mastercard, cardholders can link it to the Amaze card to minimize foreign currency charges!

What do you think of this new card? Share your thoughts on the new card in Suitesmile Chat Telegram group!

Leave a Comment

ADVERTISEMENT