HSBC TravelOne vs ixigo AU
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
ixigo AU Credit Card wins 6 of 8 dimensions with a CardTrail Score of 8.9/10 vs 8.2/10.
| Feature | HSBC TravelOne | ixigo AU |
|---|---|---|
| CardTrail Score | 8.2/10 | 8.9/10 |
| Annual Fee | ₹4,999 | Free |
| Base Reward Rate | 4% | 2.5% |
| Max Reward Rate | 4% | 5% |
| Forex Markup | 3.5% | Zero |
| Domestic Lounges | 6 | 8 |
| International Lounges | 4 | 1 |
| Fuel Surcharge Waiver | No | Yes |
| Network | Mastercard | RuPay |
When to Choose HSBC TravelOne
- You can meet the fee waiver condition: Spend Rs 8L/year
- Your primary spend is: travel, airmiles, hotels
When to Choose ixigo AU
- You want a lifetime free card with zero annual cost
- You travel internationally — saves ₹3,500/year on ₹1L forex spend
- You want higher rewards — up to 5% vs 4%
- Airport lounge access matters — 8 domestic visits
Forex Cost Comparison
On ₹1,00,000 annual international spending: HSBC TravelOne costs ₹4,130 in forex fees vs ixigo AU at ₹0. You save ₹4,130/year with ixigo AU.
Annual Fee Value Analysis
To break even on HSBC TravelOne's ₹4,999 fee at 4% rewards, spend ₹10,415/month.
ixigo AU is lifetime free — no break-even needed.