HDFC Regalia Gold vs HSBC TravelOne (2026)
HSBC TravelOne vs HDFC Regalia Gold: which wins?
₹83,997ranking value a year at ₹3L a month, to HDFC Regalia Gold
Skip the duel — the board, ranked → · nothing to sign up for
The freshly trimmed mid-premium stalwart vs the upstart transfer hub — ₹2,500 of habit against ₹4,999 of ambition.
HDFC Regalia Gold wins under ₹1.75L/month; HSBC TravelOne takes over above it.
Every metric, row by row — 12 compared
Head to head
| HDFC Regalia Gold | Metric | HSBC TravelOne |
|---|---|---|
| #8 — wins this row | Our rank | #13 |
| ₹2,500/yr — wins this row | Fee — joining · annual (+ GST) | ₹4,999/yr |
| ₹4,00,000 spend | Fee waiver | ₹8,00,000 spend |
| 2% + GST — wins this row | Forex markup | 3.5% + GST |
| 3.75%/mo (45%/yr) | APR | 3.75%/mo (45%/yr), computed from transaction date |
| 1.6% | Headline earn rate | 2.0% — wins this row |
| HDFC Reward Points | Currency | HSBC Reward Points |
| ₹1.00/pt † | House value | ₹1.00/pt |
| Complimentary Swiggy One + MMT Black Gold memberships, on ₹1L spend in the first 90 days | Welcome benefit | ₹1,000 cashback + ₹3,000 Postcard voucher + 3-mo EazyDiner Prime on ₹25k in 30 days |
| 735 of 793 — wins this row | Lounge doors opened | 43 of 793 |
| ₹1.5L+/month net (private); ₹1L+/month (govt) | Income — salaried | ₹6L+/yr; age 18–65 |
| ITR ₹18L+/yr | Income — self-employed | ₹12L+/yr; age 25–65 |
† HDFC Regalia Gold: One catch on that ₹1.00: Regalia Gold can't reach it. Its points cap out at ₹0.65 (Gold Catalogue) or ₹0.50 (flights/hotels) — a 35–50% haircut vs the HDFC house value. Our 1.6% reward rate already prices that in.
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
The ₹ face-off at ₹1L/₹3L/₹5L a month
Ranking-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. This is the ranking model, the one that orders the board; each card page prints the earn-rate-only net annual value instead, which reads lower for any card with an accelerator (both models, side by side). Tune it to your own spend in the calculator.
HDFC Regalia Gold wins under ₹1.75L/month; HSBC TravelOne takes over above it.
Where the lead changes hands — a 20-step sweep from ₹0.25L to ₹5L/month
Where the lead changes hands
The lead changes hands at ₹1.75L a month: HDFC Regalia Gold is ahead by ₹1,565 at ₹0.25L, HSBC TravelOne by ₹12,672 at ₹5L.
HDFC Regalia Gold draws above the line, HSBC TravelOne below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | HDFC Regalia Gold | HSBC TravelOne | In front |
|---|---|---|---|
| ₹0.25L | ₹3,166 | ₹1,601 | HDFC Regalia Gold by ₹1,565 |
| ₹0.5L | ₹22,333 | ₹8,201 | HDFC Regalia Gold by ₹14,132 |
| ₹0.75L | ₹32,999 | ₹19,800 | HDFC Regalia Gold by ₹13,199 |
| ₹1L | ₹38,666 | ₹36,400 | HDFC Regalia Gold by ₹2,266 |
| ₹1.25L | ₹44,332 | ₹43,000 | HDFC Regalia Gold by ₹1,332 |
| ₹1.5L | ₹49,998 | ₹49,600 | HDFC Regalia Gold by ₹398 |
| ₹1.75L | ₹55,665 | ₹56,200 | HSBC TravelOne by ₹535 |
| ₹2L | ₹61,331 | ₹62,800 | HSBC TravelOne by ₹1,469 |
| ₹2.25L | ₹66,998 | ₹69,400 | HSBC TravelOne by ₹2,402 |
| ₹2.5L | ₹72,664 | ₹76,000 | HSBC TravelOne by ₹3,336 |
| ₹2.75L | ₹78,330 | ₹82,600 | HSBC TravelOne by ₹4,270 |
| ₹3L | ₹83,997 | ₹89,200 | HSBC TravelOne by ₹5,203 |
| ₹3.25L | ₹89,663 | ₹95,800 | HSBC TravelOne by ₹6,137 |
| ₹3.5L | ₹95,330 | ₹1,02,400 | HSBC TravelOne by ₹7,070 |
| ₹3.75L | ₹1,00,996 | ₹1,09,000 | HSBC TravelOne by ₹8,004 |
| ₹4L | ₹1,06,662 | ₹1,15,600 | HSBC TravelOne by ₹8,938 |
| ₹4.25L | ₹1,12,329 | ₹1,22,200 | HSBC TravelOne by ₹9,871 |
| ₹4.5L | ₹1,17,995 | ₹1,28,800 | HSBC TravelOne by ₹10,805 |
| ₹4.75L | ₹1,23,662 | ₹1,35,400 | HSBC TravelOne by ₹11,738 |
| ₹5L | ₹1,29,328 | ₹1,42,000 | HSBC TravelOne by ₹12,672 |
Transfer reach — 22 vs 20 live routes
Transfer reach
3 shared routes · 3 only HDFC Regalia Gold · 3 only HSBC TravelOne — the full partner lists
Both reach
- Singapore Airlines KrisFlyer 2:1 vs 1:1
- Qatar Airways Privilege Club (Avios) 100:33 vs 1:1
- The British Airways Club (Avios) 100:33 vs 1:1
Only HDFC Regalia Gold
- Finnair Plus (Avios)
- Air Canada Aeroplan
- Avianca LifeMiles
Only HSBC TravelOne
- EVA Air Infinity MileageLands
- Hainan Airlines Fortune Wings
- Japan Airlines Mileage Bank
Full route maps on each card page, best ₹/point routes on the optimizer →
What to watch out for — 6 points
What to watch out for
HDFC Regalia Gold · 5 more →
- Cashing out to your statement is ₹0.15 a point, down from ₹0.20 — HDFC's MITC dates it 1 Nov 2025, though its own page printed ₹0.20 until Jul-2026 and still does in one place
- Jul-2026: 3 domestic lounge visits/quarter now need ₹60k prior-quarter spend
- May 2026 cut lowered the effective earn ~6%
HSBC TravelOne · 4 more →
- Fee waived only at ₹8L annual spend; forex back to 3.5% since Jul-2026 (promo over)
- Base earn is a modest 2X outside travel/forex
- HSBC's eligibility and branch footprint are narrow
The call
For the ₹1L/month spender, HDFC Regalia Gold nets ₹38,666 against ₹36,400 — a ₹2,266 gap. At ₹5L/month, HSBC TravelOne nets ₹1,42,000 against ₹1,29,328 — a ₹12,672 gap. Lounge chasers: HDFC Regalia Gold opens 735 of 793 tracked doors to HSBC TravelOne's 43.
Our standing verdicts: HDFC Regalia Gold — Keep; HSBC TravelOne — Keep. HDFC Regalia Gold takes 5 of the 8 rounds we can score — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Common questions — 5 answered
Straight answers
Which is better, HDFC Regalia Gold or HSBC TravelOne?
HDFC Regalia Gold. HDFC Regalia Gold takes 5 of the 8 rounds we can score. HDFC Regalia Gold wins under ₹1.75L/month; HSBC TravelOne takes over above it.
HDFC Regalia Gold or HSBC TravelOne — which earns more at ₹3L a month?
At ₹3L a month, HSBC TravelOne nets ₹89,200 against ₹83,997 — a ₹5,203 gap. Those are ranking-value figures: everyday spend at the card's base rate plus a realistic slice at its best accelerator, net of the fee.
Which costs less to hold, HDFC Regalia Gold or HSBC TravelOne?
HDFC Regalia Gold — ₹2,500/yr against ₹4,999/yr. HDFC Regalia Gold waives its fee at ₹4,00,000 of spend; HSBC TravelOne at ₹8,00,000 of spend.
Which gets you into more airport lounges, HDFC Regalia Gold or HSBC TravelOne?
Lounge chasers: HDFC Regalia Gold opens 735 of 793 tracked doors to HSBC TravelOne's 43. Visit quotas, guest charges and spend gates are per card — the lounge map carries each one.
How current is this comparison?
Card records last re-verified against their issuers' own documents: HDFC Regalia Gold on 2026-08-17, HSBC TravelOne on 2026-08-15. Every figure on this page — the ranking values, the fee rows, the lounge counts, the transfer ratios — is recomputed from those records each time the site builds, so a devaluation changes the call the day we log it.
Verified against HDFC Bank and HSBC's own documents on · the ranking model, at our house ₹/point
Every document behind this page — 19 of them, each with the day we read it
- official Product page — "5 Reward Points on every Rs. 200 spent"
- official HDFC Bank Key Fact Statement cum MITC, version 4.6 dated August 2026 — clause I(x) prices a Regalia Gold point at 15 paise against the statement balance, with effect from 1 November 2025
- official Product-feature-change notice PDF — Boarding Edge and "Earn 5 Reward Points for every ₹200 spent" both effective 15th May 2026
- official Regalia Gold Rewards Points Program T&C — the 50,000 RP/month cap on MILES TRANSFERS, the four named 5X merchants, and the 1.75% dynamic & static conversion markup "W.e.f 15th May, 2026"
- official Product page (AMP mirror) — ₹4L waiver, 5X brands, milestones, redemption grid
- community CardInsider — May-2026 revision (5 RP/₹200, ₹60k lounge gate w.e.f. 1-Jul-2026, DCC 1.75%)
- community CardExpert — 3 visits/qtr behind ₹60k gate, PP 6/yr unchanged, Boarding Edge
- community CardInsider — RuPay Select variant launch (9-Oct-2025)
- community TechnoFino — issued on both Visa Signature and Mastercard World
- community CardInsider forex table — Regalia Gold 2% forex markup (below the 3.5% norm)
- community pointsmath HDFC transfer grid — the eligibility check for our 22 routes; Only Infinia, Diners Club Black and Regalia Gold have "all 21 transfer partners available"
- official HDFC's BANK-WIDE 15-May-2026 revision notice — its accrual table names "Regalia Gold | 5 | 200", corroborating the card-specific product-feature-change PDF
- official Product page (₹4,999 joining and annual fee, free above ₹8,00,000 of yearly spend, welcome ₹1,000 cashback + ₹3,000 PostCard + 3-mo EazyDiner Prime on ₹25k/30d; issued in 21 cities)
- official Transfer-partner table — 15 airlines + 5 hotels; AirAsia 1 pt = 3 miles (official wording), Hainan/Turkish/United 2 pts = 1 mile, Shangri-La 5:1, the other 16 at 1:1
- official TravelOne MITC / tariff sheet — ₹4,999 joining, ₹4,999 annual waived only above ₹8,00,000 of primary-card spend in the FY
- official Service Guide (11-Dec-2025) — confirms the 2X accelerator on airlines/travel agencies/foreign currency carries a 50,000 accelerated-RP calendar-month cap
- official Milestone Offer T&C — 10,000 reward points for ₹12,00,000 of net eligible spend in an ANNIVERSARY year from the card-open date; primary cards only, add-ons have no separate eligibility
- community CardExpert review (4X 50k-RP/mo cap, forex promo end)
- community Magnify review — full 20-partner table (15 airlines incl. AirAsia 1:3, Turkish/United/Hainan 2:1; 5 hotels incl. Shangri-La 5:1)