HSBC TravelOne Card Sign-Up Promo: 20,000 Miles + Samsonite

HSBC is running a limited-time sign-up promotion for the HSBC TravelOne Card (a.k.a. HSBC T1), which I currently see as one of the best credit cards in Singapore for airport lounge access and general spending.

Up to 20,000 bonus miles + Samsonite luggage

From 1 Jul to 31 Oct 2026, applicants of the HSBC TravelOne Card can receive a Samsonite ZELTUS 69cm Spinner Exp luggage (worth S$680) plus bonus miles: 20,000 for new cardholders, 10,000 for existing cardholders.

Here’s a quick summary of how you can qualify for this sign-up bonus:

✅ Be a new or existing credit cardholder of HSBC ^{New cardholders have not held a principal HSBC credit card in the past 12 months. Existing cardholders had their most recent HSBC card issued more than 12 months ago, with no HSBC card cancelled in the past 12 months.}
✅ Apply by 31 Oct 2026
✅ Provide marketing consent during application
✅ Spend at least S$1,000 by the end of the following calendar month after card approval date ^{Meet this minimum spending in one or more transactions. It is recommended to spend this entire amount at least 5 days early, so that all transactions are posted in time.}
✅ Pay S$196.20 annual fee

✍️ Apply for the HSBC TravelOne Card
^{(Fulfilled by HSBC Singapore)}

Here’s how it works in a nutshell:

Cardholder Type	Minimum Spend (by the end of the following calendar month)	Sign-Up Gift
New	S$1,000	50,000 points (20,000 miles) + Samsonite ZELTUS luggage (worth S$680)
Existing	S$1,000	25,000 points (10,000 miles) + Samsonite ZELTUS luggage (worth S$680)

Qualifying spend period

For further clarity on the qualifying spend period (by the end of the following calendar month), here are some examples:

Application Date	Approval Date (example)	Spend by
1 Oct 2026	5 Oct 2026	30 Nov 2026
15 Oct 2026	16 Oct 2026	30 Nov 2026
31 Oct 2026	3 Nov 2026	31 Dec 2026

🎁 View sign-up promos of other HSBC credit cards

Frequently asked questions

What kinds of transactions qualify for the minimum spending requirement?

Retail spending for goods and services is the safest way to guarantee that you meet the minimum spending requirement, and receive the advertised sign-up bonuses. This includes dining, groceries, ride-hailing, food delivery, online or in-person shopping, flight and hotel spending.

⚠️ Transactions that may not qualify include: Phone bills, business/professional services (Google/Facebook ads), hospital/clinic bills.

❌ Transactions that will not qualify include: Utility bills, school fees, e-wallet top-ups and payments to financial institutions (e.g. banks, brokerages).

Please refer to each card’s terms and conditions for the full list of exclusions.

What if I have difficulty meeting the minimum spending requirement?

The simplest, tried-and-tested way to meet a credit card minimum spending requirement is by purchasing supermarket vouchers at NTUC Fairprice or Dairy Farm (Giant, Cold Storage) outlets.

These vouchers can be used for your grocery needs in future.

Definition of a new cardholder

A new cardholder of HSBC is someone who has not held a credit card (as a principal cardholder) issued by HSBC Singapore in the past 12 months.

If you had cancelled your last HSBC credit card more than 12 months ago, you will qualify as a new cardholder and can enjoy these sign-up bonuses.

Definition of an existing cardholder

An existing cardholder of HSBC is someone whose most recent HSBC credit card (as a principal cardholder) was issued more than 12 months ago, and who has not cancelled any HSBC credit card within the past 12 months.

Pros & cons of HSBC miles/points

Miles/points earned on the HSBC TravelOne Card offer greater flexibility than those earned through other Singapore banks’ credit cards, but they have one major disadvantage.

Advantages of HSBC miles/points:

✅ Miles expire 3 years after they are earned
Keep the miles in your card for as long as 3 years after they are earned, and transfer to a preferred Frequent Flyer Program (FFP) only when you’re ready to make an award redemption.

✅ Access to 6 useful frequent flyer programs
This gives you more award availability and award rates to compare.

✅ Free miles transfers
Miles transfers to FFPs are free, but note the minimum amount of 10,000 miles (25k points).

✅ Instant miles transfers
Miles transfers from the HSBC TravelOne Card to all useful FFPs are instant.

✅ Pool miles with other HSBC cards
Miles earned on the HSBC TravelOne Card can be pooled with those earned on other HSBC cards (such as the HSBC Revolution Card) and transferred together.

Disadvantage of HSBC miles/points:

❌ Miles transfers to KrisFlyer come with a poor transfer ratio (17% fewer miles)

✈️ Singapore credit card transfer partners

Is the HSBC TravelOne Card good?

The HSBC TravelOne Card is not a great card for spending due to poor earn rates of 1.2 miles per dollar (mpd) on SGD transactions and 2.4 mpd on foreign currency transactions (with 3.25% FX junk fee).

While these earn rates are uncapped, you’d probably take a long time to accumulate enough miles for a meaningful award redemption, unless you’re spending tens of thousands of dollars on the card every month.

Related: Best Miles credit cards (earn 4 miles per dollar)

With that said, the HSBC TravelOne Card is useful for:

• Good sign-up bonuses
• Free airport lounge access
• As a last-resort card (when the bonus caps on your 4 mpd cards are maxed out)

Terms and conditions

You can find the full terms and conditions of the HSBC TravelOne Card sign-up promo on HSBC’s website.