What are the annual fees for HSBC TravelOne Credit Card and American Express Platinum Travel Credit Card?

HSBC TravelOne Credit Card has ₹4,999 + GST. American Express Platinum Travel Credit Card has ₹5,000 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

HSBC TravelOne Credit Card earns about 0.6% on general spends; American Express Platinum Travel Credit Card earns about 1%. Category and partner rates may differ — see the table above.

What is the forex markup on each card?

HSBC TravelOne Credit Card: 3.5%. American Express Platinum Travel Credit Card: 3.5% (plus 18% GST on the markup).

Do both cards include airport lounge access?

HSBC TravelOne Credit Card: yes — see the lounge row above for limits. American Express Platinum Travel Credit Card: yes — see the lounge row above for limits.

Card Comparison

HSBC TravelOne vs American Express Platinum Travel

HSBC TravelOne vs American Express Platinum Travelcompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

HSBC TravelOne

HSBC Bank

Fee₹4,999+GST

Eff. rate0.6%

Cap₹50,000

Fee

₹4,999+GST

Eff. rate

0.6%

Cap

₹50,000

American Express Platinum Travel

American Express

Fee₹5,000+GST

Eff. rate1%

CapNone

Fee

₹5,000+GST

Eff. rate

Cap

None

Quick take

How they compare

HSBC TravelOne and American Express Platinum Travel suit different spending patterns, so the right pick depends on where and how much you spend. The key difference: 0.6% vs 1% effective rate. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

HSBC TravelOne

Annual fee: ₹4,999 + GST
Everyday rate: 0.6%
Monthly cap: ₹50,000/mo

Notable strengths

Flat rewards on every spend

American Express Platinum Travel

Annual fee: ₹5,000 + GST
Everyday rate: 1%
Monthly cap: No cap

Notable strengths

No monthly reward cap

Each card's own strengths — not a ranking. Weigh them against where you actually spend.

51 specs · 13 sections

HSBC TravelOne

American Express Platinum Travel

Feature

HSBC TravelOne

American Express Platinum Travel

Annual Fee

₹4,999

₹5,000

Joining Fee

₹4,999

₹5,000

Fee Waiver Spend

₹8,00,000

N/A

Forex Markup

3.5%

Reward Type

Reward Points

Base Rate

0.6%

Effective Base Rate

0.6%

Point Value

₹0.3

₹0.5

Redemption Quality

MEDIUM

HIGH

Best Redemption

₹0.3

₹0.5

Worst Redemption

₹0.1

₹0.18

Cleartrip

15%

—

Easemytrip

15%

—

Paytm

15%

—

Yatra

15%

—

Zomato

10%

—

Grocery / Supermarkets

0.6%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

0.6%

Flights, Hotels, OTAs, Tour Operators

1.2%

Other Retail / Catch-all

0.6%

Monthly Cap

₹50,000

No cap

Est. Annual Cap

₹6,00,000

No cap

Total Excluded

8 categories

5 categories

Gold / Jewellery

Excluded

Earns rewards

Education / School / College Fees

Excluded

Earns rewards

Rent Payments

Excluded

Earns rewards

Government / Tax Payments

Excluded

Earns rewards

Domestic Visits/Year

International Visits/Year

None

Priority Pass

Yes

Est. Annual Value

₹5,940

₹3,520

Forex Markup

3.5%

International Rate

Yes

Description

Rs 1,000 Cashback, PostCard Voucher worth Rs 3,000, and 3-month EazyDiner membership on spending Rs 10,000 within 30 days of card issuance

10,000 Membership Rewards Points on payment of annual fee and spending ₹15,000 within 90 days of Cardmembership

Estimated Value

₹3,400

₹4,000

Fuel Surcharge Waiver

Yes

Best Suited For

Travel, Shopping

Min Income

₹50,000/month

Income Proof

Required

Secured FD

Accepting Applications

Yes

Network

Mastercard

American Express

Card Tier

Platinum

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Frequently asked questions

What are the annual fees for HSBC TravelOne Credit Card and American Express Platinum Travel Credit Card?: HSBC TravelOne Credit Card has ₹4,999 + GST. American Express Platinum Travel Credit Card has ₹5,000 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: HSBC TravelOne Credit Card earns about 0.6% on general spends; American Express Platinum Travel Credit Card earns about 1%. Category and partner rates may differ — see the table above.
What is the forex markup on each card?: HSBC TravelOne Credit Card: 3.5%. American Express Platinum Travel Credit Card: 3.5% (plus 18% GST on the markup).
Do both cards include airport lounge access?: HSBC TravelOne Credit Card: yes — see the lounge row above for limits. American Express Platinum Travel Credit Card: yes — see the lounge row above for limits.

Reviewed by WhichWise Editorial Team. Each card's data is verified against the issuer's official terms.

Sources: HSBC Bank - HSBC TravelOne · American Express - American Express Platinum Travel