Founded in 1865, HSBC is one of the world’s largest and most trusted financial institutions, with a legacy of connecting customers to global opportunities for over 160 years. In Singapore, HSBC is a premier choice for international travelers, known for its robust security and seamless cross-border banking. T
- Accelerated Miles: Earn up to 2.4 miles (6X Reward points) per SGD1 on foreign currency spend.
- Local Rewards: Get 1.2 miles (3X Reward points) per SGD1 spent locally in Singapore.
- Welcome Gift: New customers can earn up to 36,000 miles (90,000 Reward points) upon meeting spend criteria.
- Minimum Income: SGD30,000 p.a. for Singaporeans/PRs (with TRB of ≥S$50k) or SGD65,000 p.a. for others and foreigners.
Pros:
- Instant Redemption: The first card in Singapore to offer instant miles/points transfers via a mobile app.
- Lounge Access: Enjoy 4 complimentary visits per year to over 1,300 global airport lounges.
- Partner Variety: Choose from an extensive list of partners including Singapore Airlines, Marriott Bonvoy, and Cathay Pacific.
- Travel Insurance: Complimentary coverage of up to SGD150,000 for medical expenses when air tickets are charged to the card.
- Flexible Payments: Split large travel purchases into manageable monthly installments via the HSBC app.
Cons:
- Higher Income Requirement: The SGD65,000 income floor for new customers is higher than entry-level cards.
- Annual Fee: An annual fee of SGD196.20 applies and is required to unlock the full welcome gift.
Is HSBC a good bank?
HSBC is a global banking titan, uniquely positioned for those who live a borderless lifestyle. When compared to the Citi PremierMiles Card, the HSBC TravelOne Credit Card wins on speed; while Citi transfers can take days, HSBC’s instant redemption is a game-changer for last-minute bookings.
Against the UOB PRVI Miles, which offers competitive rates, HSBC stands out for its deep integration with the Mastercard Travel Rewards ecosystem, offering cashback at over 500 global merchants. The Standard Chartered Journey Card is a strong competitor, but it lacks the sheer breadth of hotel and airline transfer partners found in the HSBC portfolio.
How to apply for your HSBC TravelOne Credit Card
Ready to elevate your travel experience? The HSBC TravelOne Credit Card is built for the frequent flyer who values flexibility and speed. Whether you’re booking a luxury suite at a Marriott or a business class seat on Singapore Airlines, your points are ready when you are.