HSBC TravelOne vs Scapia Federal
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
Scapia Federal Credit Card wins 6 of 8 dimensions with a CardTrail Score of 8.7/10 vs 8.2/10.
| Feature | HSBC TravelOne | Scapia Federal |
|---|---|---|
| CardTrail Score | 8.2/10 | 8.7/10 |
| Annual Fee | ₹4,999 | Free |
| Base Reward Rate | 4% | 10% |
| Max Reward Rate | 4% | 10% |
| Forex Markup | 3.5% | Zero |
| Domestic Lounges | 6 | -1 |
| International Lounges | 4 | 0 |
| Fuel Surcharge Waiver | No | Yes |
| Network | Mastercard | Visa |
When to Choose HSBC TravelOne
- You can meet the fee waiver condition: Spend Rs 8L/year
- Airport lounge access matters — 6 domestic visits
- Your primary spend is: travel, airmiles, hotels
When to Choose Scapia Federal
- 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 10% vs 4%
- Your primary spend is: forex, travel, beginner
Forex Cost Comparison
On ₹1,00,000 annual international spending: HSBC TravelOne costs ₹4,130 in forex fees vs Scapia Federal at ₹0. You save ₹4,130/year with Scapia Federal.
Annual Fee Value Analysis
To break even on HSBC TravelOne's ₹4,999 fee at 4% rewards, spend ₹10,415/month.
Scapia Federal is lifetime free — no break-even needed.