HSBC has launched the HSBC TravelOne Card, its first entry-level miles card. Cardholders can look forward to 12 airline and hotel transfer partners (with more to come by the end of 2023), instant or <1 business day conversions with no admin fees, and four complimentary lounge visits.
There’s also a 20,000 miles sign-up offer that’s good for both new and existing HSBC cardholders, with a minimum qualifying spend of just S$800. On top of this, SingSaver is offering an additional sign-up gift for new HSBC cardholders who apply via its website.
HSBC TravelOne Card sign-up offer
 HSBC TravelOne Card | ||
| Apply Here | ||
| SingSaver T&Cs | ||
| HSBC T&Cs | ||
| Income Req. | Annual Fee | FCY Fee |
| S$30,000 | S$194.40 | 3.25% |
| Local Earn | FCY Earn | Transfer Partners |
| 1.2 mpd | 2.4 mpd | 12 |
New-to-bank only
New-to-bank cardholders who apply for a HSBC TravelOne Card till 31 August 2023 will receive a S$30 from SingSaver upon submitting their approval email to [email protected]
| ❓ New-to-bank |
New-to-bank cardholders are defined as those who:
|
 |
| Apply Here |
| SingSaver T&Cs |
| HSBC T&Cs |
However, if you’re a new-to-bank cardholder, a better option might be to apply for a HSBC Revolution Card first to get:
- S$150 cashback with S$1,000 min. spend (from HSBC)
- S$30 cash
After that, you can apply for the TravelOne Card as an existing cardholder and still get the 20,000 bonus miles mentioned below.
New-to-bank & existing
Both new-to-bank and existing HSBC cardholders who apply for a HSBC TravelOne Card from 11 May to 31 August 2023 will receive 20,000 bonus miles (in the form of 50,000 HSBC points) when they:
- Pay the annual fee of S$194.40
- Spend at least S$800 during the qualifying spending period
- Opt-in for marketing communications during the sign-up process
The qualifying spending period is as follows:
| Card Account Opening Date | Qualifying Spend Period |
| 11-31 May 2023 | 11 May to 30 Jun 2023 |
| 1-30 Jun 2023 | 1 Jun to 31 Jul 2023 |
| 1-31 Jul 2023 | 1 Jul to 31 Aug 2023 |
| 1-31 Aug 2023 | 1 Aug to 30 Sep 2023 |
| 1-15 Sep 2023 | 1 Sep to 31 Oct 2023 |
New-to-bank cardholders can think of the S$30 as a further subsidy of the annual fee, which reduces the cost per mile to 0.82 cents ([S$194.40-S$30]/20,000 miles)
Application steps
- Apply via the links in this article
- Complete the SingSaver Rewards Redemption Form that is sent to your email, within the first 14 days of application. Ensure that the name, mobile number and email address submitted to SingSaver are the same as that used in the credit card application
- Provide HSBC with your consent to receive marketing and promotional materials, and do not revoke it before the gift is fulfilled
- Once you receive a card approval email from HSBC, forward it to [email protected]
I want to highlight step (3) in particular, because this is a condition unique to HSBC. You must provide marketing consent in order to have either gift fulfilled (SingSaver’s or HSBC’s).
Qualifying Spend
SingSaver gift
No minimum spend required for the SingSaver S$30 cash.
HSBC gift
A minimum qualifying spend of S$800 must be made during the qualifying period.
“Qualifying Spend” refers to any retail transactions (including internet purchases) excluding the following:
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The key exclusions to note here are insurance, utilities, education, government transactions as well as CardUp/ipaymy. These were all excluded from 1 July 2020 onwards as part of HSBC’s revised rewards terms and conditions.
Gift Fulfilment
SingSaver gift
Gifts will be fulfilled within two months of application.
HSBC 20,000 miles
Bonus miles (in the form of HSBC points) will be credited within 90 days from the card opening date, provided the eligibility criteria is met.
Overview: HSBC TravelOne Card
| HSBC TravelOne Card | ||
| Apply Here | ||
| Income Req. | Annual Fee | FCY Fee |
| S$30,000 | S$194.40 | 3.25% |
| Local Earn | FCY Earn | Transfer Partners |
| 1.2 mpd | 2.4 mpd | 12 |
The HSBC TravelOne Card has a minimum income requirement of S$30,000, and an annual fee of S$194.40
Cardholders earn:
- 3X HSBC points per S$1 (1.2 mpd) on local spend
- 6X HSBC points per S$1 (2.4 mpd) on foreign currency spend
There is no minimum spend required, nor cap on the points that can be earned.
HSBC points earned on the HSBC TravelOne Card expire after 37 months, same as other HSBC credit cards.
Conversions can be done via the HSBC Singapore app (Android | iOS) and are processed “instantly or within one business day” (except Accor, which takes five business days). All conversion fees will be waived until 31 December 2023.
A total of 12 airline and hotel partners are currently available, a list that HSBC says will grow to more than 20 by the end of 2023.
| ✈️ HSBC TravelOne Airline Partners | |
| Frequent Flyer Programme | Conversion Ratio (HSBC Points : Partner) |
 | 25,000 : 10,000 |
 | 25,000 : 10,000 |
 | 25,000 : 10,000 |
 | 25,000 : 10,000 |
 | 25,000 : 10,000 |
 | 25,000 : 10,000 |
 | 25,000 : 10,000 |
 | 25,000 : 10,000 |
 | 25,000 : 10,000 |
| 🏨 HSBC TravelOne Hotel Partners | |
| Hotel Programme | Conversion Ratio (HSBC Points : Partner) |
 | 25,000: 5,000 |
 | 25,000: 10,000 |
 | 25,000 : 10,000 |
Conclusion
| HSBC TravelOne Card | ||
| Apply Here |
The HSBC TravelOne Card is offering a 20,000 miles sign-up bonus for both new and existing customers that’s valid for applications by 31 August 2023. On top of this, new customers who apply via SingSaver can get an extra gift of S$30 cash.
Remember to submit your approval email to SingSaver as soon as you get it, and fill out the rewards redemption form in order to get your reward.
If I am not NTB, no reason to apply thru the links on the site?
The incentive is you get more content on this free website, Patsy
Can the sign up bonus points of 50,000 HSBC points from the HSBC TravelOne card be pooled with HSBC Revo points?
Unfortunately not.
Can pair with Amaze?
Am also curious about this, though I don’t see why not
amaze is not on the exclusions list for hsbc
If hsbc doesn’t give 10k miles for 2nd year renewal. It doesn’t make sense to even hold the card after sign up bonus. Just redeem 20k miles then abandon it as the earn rate is so slow. Only good is instant transfer and dragonpass.
For a “travel” card, it’s odd there aren’t any special earn rates for airfare / hotels. 1.2/2.4 mpd is nothing to write home about 🤷♂️
Currently using DBS Live Fresh card. Thinking of getting HSBC – in your opinion, is it better to start with Revolution or T1? Gonna use it to get US plane tix and pay for groceries etc. so don’t want to have too many cards
start with Revo- see my latest post for why. you get more of a sign up offer
Does the annual fee of S$194.40 included in the S$800 qualifying spend?