Axis Horizon vs HSBC TravelOne (2026)
Two starter transfer hubs: Horizon's halved 1:1 miles at ₹3,000 vs TravelOne's twenty 1:1 routes, which out-earn it from ₹75k a month.
Head to head
| Metric | Axis Horizon | HSBC TravelOne |
|---|---|---|
| Our rank | #28 | #14 |
| Annual fee | ₹3,000 + GST | ₹4,999 + GST |
| Fee waiver | None | ₹8,00,000 spend |
| Forex markup | 3.5% + GST | 3.5% + GST |
| APR | 3.75%/mo (55.55%/yr, compounded as quoted by Axis) | 3.75%/mo (45%/yr), computed from transaction date |
| Effective reward rate | 2.0% | 2.0% |
| Currency | Axis EDGE Miles | HSBC Reward Points |
| House value | ₹2.00/pt | ₹1.00/pt |
| Welcome benefit | 5,000 EDGE Miles on ₹1,000+ cumulative spends within 30 days (paid cards only) | ₹1,000 cashback + ₹3,000 Postcard voucher + 3-mo EazyDiner Prime on ₹25k in 30 days |
| Lounge doors opened | 107 of 644 | 73 of 644 |
| Income — salaried | not published | ₹6L+/yr; age 18–65 |
| Income — self-employed | not published | ₹12L+/yr; age 25–65 |
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Net annual value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. Tune it to your own spend in the calculator.
Axis Horizon wins under ₹0.75L/month; HSBC TravelOne takes over above it.
Transfer reach
Both reach
- Singapore Airlines KrisFlyer 1:1
- British Airways Executive Club (Avios) 2:1 vs 1:1
- Air France-KLM Flying Blue 1:1
Only Axis Horizon
- Finnair Plus (Avios)
- Air Canada Aeroplan
- Ethiopian ShebaMiles
Only HSBC TravelOne
- Qatar Airways Privilege Club (Avios)
- Marriott Bonvoy
- ALL - Accor Live Limitless
Full route maps on each card page, best ₹/point routes on the optimizer →
The call
For the ₹1L/month spender, HSBC TravelOne nets ₹36,400 against ₹26,100 — a ₹10,300 gap. At ₹5L/month, HSBC TravelOne nets ₹1,42,000 against ₹1,36,500 — a ₹5,500 gap. Lounge chasers: Axis Horizon opens 107 of 644 tracked doors to HSBC TravelOne's 73.
Our standing verdicts: Axis Horizon — Keep; HSBC TravelOne — Keep. On our board, HSBC TravelOne sits at #14 to Axis Horizon's #28 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →