HSBC Travel One is now offering 30,000 miles in the form of 75,000 Reward points when you sign up for the card:
- pay the annual fee of S$196.20 (inclusive of GST)
- spend at least S$500 in qualifying transactions by the end of the following calendar month from the card account opening date.
- provide marketing consent to HSBC until sign up gift is fulfilled
- This offer is not stackable with the SingSaver exclusive promotion (more on that later).
- Promotion valid until 30 September 2024
- Terms and Conditions. Click here
Existing HSBC Credit Cardholders can qualify for the free 30K miles!
It does seem like there is no new-to-bank requirement for the HSBC TravelOne card upon looking at the terms and conditions for this promotion. If you held a HSBC TravelOne credit card before, you must not have cancelled the card within 12 months from Card opened date.
If you click via this link below, you are signing up for the miles promotion
Earn Rate for HSBC Travel One:
- 2.4 miles (6× Reward points) per SGD1 charged on foreign currency spend.
- 1.2 miles (3× Reward points) per SGD1 charged on local spend.
There is no monthly minimum spend required and no maximum spending cap.
4 complimentary airport lounge visits
This card offers 4 complimentary lounge visits (Dragon Pass) to over 1,300 global airport lounges for primary cardholders – register now.
No Miles Transfer Fee till 31 Jan 2025 (yay!)
Need some miles to top up for a trip? You can get the 30K miles sign up rewards and transfer straight to your frequent flyer program (like Krisflyer) or hotel loyalty program without needing to pay the transfer fee (usually around S$27) from now till 31 Jan 2025. After the first 10,000 miles, there is a minimum conversion block of just 2 miles (It is best to just use it to avoid orphan miles). So you can transfer 10,000 miles, then 10,002, 10,004 miles which could be a good option to prevent orphan miles. HSBC TravelOne has a huge variety of transfer partners which is great if you want to transfer to other transfer partners other than Krisflyer.
Points can be pooled together to save on transfer fee
After 31 Jan 2025, if you have other HSBC Credit cards (HSBC Revolution), you can also pool the points together and transfer them at one go and just pay one transfer fee.
Don’t fancy the welcome miles?
You can go for the Singsaver gifts too, but there is a higher minimum spend required.
Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$529) or Dyson Micro 1.5kg Vacuum (worth S$599) or Apple Watch Series 9 GPS 41mm (worth S$604.50) or S$350 Shopee Voucher or 19K Max Miles upon activating and when you:
- spend S$1,000 and pay annual fee of S$196.20 by the end of the following calendar month from the card account opening date.
- provide marketing consent to HSBC until sign up gift is fulfilled
- Not stackable with miles offer above
- Singsaver Promotion is valid for new HSBC credit cardmembers only
- Must fill up SingSaver gift redemption form to secure your rewards
Pro-tip: If you choose Max Miles as a gift, sign up for a heymax account first to get 1,000 bonus miles.
If you click via this link below, you are signing up for the SingSaver gifts.
Conclusion:
HSBC TravelOne is offering a fantastic deal now. Pay an annual fee of just S$196.20 and choose between 30,000 bonus miles or a selection of electronic gadgets. 30,000 miles for S$196.20? That’s an incredible value of 0.654 cents per mile! With no transfer fees till 31st Jan 2025, these miles are perfect for redeeming on your next adventure. Plus, you can enjoy 4 complimentary airport lounge access every year – I mean, why not.
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