IDFC FIRST Mayura vs HSBC TravelOne (2026)
HSBC TravelOne vs IDFC FIRST Mayura: which wins?
₹1,50,977ranking value a year at ₹3L a month, to IDFC FIRST Mayura
Skip the duel — the board, ranked → · nothing to sign up for
App-portal multipliers up to 13.3% vs eleven 1:1 airlines and four 1:1 hotel chains — two premium plays near ₹5–6k, zero overlap.
IDFC FIRST Mayura out-earns HSBC TravelOne at every spend level we model, from ₹25k to ₹5L a month.
Every metric, row by row — 12 compared
Head to head
| IDFC FIRST Mayura | Metric | HSBC TravelOne |
|---|---|---|
| #10 — wins this row | Our rank | #13 |
| ₹5,999/yr | Fee — joining · annual (+ GST) | ₹4,999/yr — wins this row |
| None | Fee waiver | ₹8,00,000 spend |
| Nil — 0% markup on foreign currency and DCC transactions — wins this row | Forex markup | 3.5% + GST |
| Dynamic 0.71%–3.85%/mo (8.5%–46.2%/yr); overdue rate 3.99%/mo (47.88%/yr) on MAD non-payment | APR | 3.75%/mo (45%/yr), computed from transaction date |
| 1.7% | Headline earn rate | 2.0% — wins this row |
| IDFC FIRST Reward Points | Currency | HSBC Reward Points |
| ₹0.25/pt † | House value | ₹1.00/pt |
| 12,000 RP — 4,000 on fee payment + 4,000 each on ₹20k in cycles 2 and 3 (once per customer) | Welcome benefit | ₹1,000 cashback + ₹3,000 Postcard voucher + 3-mo EazyDiner Prime on ₹25k in 30 days |
| 129 of 793 — wins this row | Lounge doors opened | 43 of 793 |
| ~₹25L+/yr (community) | Income — salaried | ₹6L+/yr; age 18–65 |
| ~₹25L+/yr (community) | Income — self-employed | ₹12L+/yr; age 25–65 |
† IDFC FIRST Mayura: Mayura is one of only two IDFC cards that reach ₹0.50 a point, and only on flight and hotel bookings made through the Travel & Shop section of the FIRST app — its own rewards T&C is explicit that it is "₹0.25 everywhere else", the house value. So the rate below is DOUBLE what these points fetch as vouchers, goods or pay-with-points; earn.base marks them up to the ₹0.50 travel rung and assumes you actually book there. Points cover at most 70% of a booking, redemptions are capped at 1,50,000 points a month, and each one costs ₹99 + GST.
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.
IDFC FIRST Mayura out-earns HSBC TravelOne at every spend level we model, from ₹25k to ₹5L a month.
How the gap moves with spend — a 20-step sweep from ₹0.25L to ₹5L/month
How the gap moves with spend
IDFC FIRST Mayura leads at all 20 steps, but not by the same amount: ₹1,194 at ₹0.25L a month, ₹1,11,291 at ₹5L — the gap fans out with spend, widest at ₹5L (₹1,11,291).
IDFC FIRST Mayura draws above the line, HSBC TravelOne below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | IDFC FIRST Mayura | HSBC TravelOne | In front |
|---|---|---|---|
| ₹0.25L | ₹2,795 | ₹1,601 | IDFC FIRST Mayura by ₹1,194 |
| ₹0.5L | ₹15,584 | ₹8,201 | IDFC FIRST Mayura by ₹7,383 |
| ₹0.75L | ₹32,123 | ₹19,800 | IDFC FIRST Mayura by ₹12,323 |
| ₹1L | ₹44,912 | ₹36,400 | IDFC FIRST Mayura by ₹8,512 |
| ₹1.25L | ₹61,452 | ₹43,000 | IDFC FIRST Mayura by ₹18,452 |
| ₹1.5L | ₹74,241 | ₹49,600 | IDFC FIRST Mayura by ₹24,641 |
| ₹1.75L | ₹87,031 | ₹56,200 | IDFC FIRST Mayura by ₹30,831 |
| ₹2L | ₹99,819 | ₹62,800 | IDFC FIRST Mayura by ₹37,019 |
| ₹2.25L | ₹1,12,609 | ₹69,400 | IDFC FIRST Mayura by ₹43,209 |
| ₹2.5L | ₹1,25,398 | ₹76,000 | IDFC FIRST Mayura by ₹49,398 |
| ₹2.75L | ₹1,38,188 | ₹82,600 | IDFC FIRST Mayura by ₹55,588 |
| ₹3L | ₹1,50,977 | ₹89,200 | IDFC FIRST Mayura by ₹61,777 |
| ₹3.25L | ₹1,63,766 | ₹95,800 | IDFC FIRST Mayura by ₹67,966 |
| ₹3.5L | ₹1,76,555 | ₹1,02,400 | IDFC FIRST Mayura by ₹74,155 |
| ₹3.75L | ₹1,89,345 | ₹1,09,000 | IDFC FIRST Mayura by ₹80,345 |
| ₹4L | ₹2,02,134 | ₹1,15,600 | IDFC FIRST Mayura by ₹86,534 |
| ₹4.25L | ₹2,14,924 | ₹1,22,200 | IDFC FIRST Mayura by ₹92,724 |
| ₹4.5L | ₹2,27,712 | ₹1,28,800 | IDFC FIRST Mayura by ₹98,912 |
| ₹4.75L | ₹2,40,502 | ₹1,35,400 | IDFC FIRST Mayura by ₹1,05,102 |
| ₹5L | ₹2,53,291 | ₹1,42,000 | IDFC FIRST Mayura by ₹1,11,291 |
Transfer reach — 0 vs 20 live routes
Transfer reach
0 shared routes · 0 only IDFC FIRST Mayura · 3 only HSBC TravelOne — the full partner lists
Only HSBC TravelOne
- Singapore Airlines KrisFlyer
- Qatar Airways Privilege Club (Avios)
- The British Airways Club (Avios)
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
IDFC FIRST Mayura · 1 more →
- Closed loop: no airline/hotel transfer partners at all
- ₹0.25/pt outside app travel bookings — half the value
- Lounge and movie perks need ₹20k spend the previous month
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, IDFC FIRST Mayura nets ₹44,912 against ₹36,400 — a ₹8,512 gap. At ₹5L/month, IDFC FIRST Mayura nets ₹2,53,291 against ₹1,42,000 — a ₹1,11,291 gap. Lounge chasers: IDFC FIRST Mayura opens 129 of 793 tracked doors to HSBC TravelOne's 43.
Our standing verdicts: IDFC FIRST Mayura — Keep; HSBC TravelOne — Keep. IDFC FIRST Mayura takes 6 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, IDFC FIRST Mayura or HSBC TravelOne?
IDFC FIRST Mayura. IDFC FIRST Mayura takes 6 of the 8 rounds we can score. IDFC FIRST Mayura out-earns HSBC TravelOne at every spend level we model, from ₹25k to ₹5L a month.
IDFC FIRST Mayura or HSBC TravelOne — which earns more at ₹3L a month?
At ₹3L a month, IDFC FIRST Mayura nets ₹1,50,977 against ₹89,200 — a ₹61,777 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, IDFC FIRST Mayura or HSBC TravelOne?
HSBC TravelOne — ₹4,999/yr against ₹5,999/yr. IDFC FIRST Mayura waives its fee at no spend level — there is no waiver; HSBC TravelOne at ₹8,00,000 of spend.
Which gets you into more airport lounges, IDFC FIRST Mayura or HSBC TravelOne?
Lounge chasers: IDFC FIRST Mayura opens 129 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: IDFC FIRST Mayura on 2026-09-03, 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 IDFC FIRST Bank and HSBC's own documents on · the ranking model, at our house ₹/point
Every document behind this page — 14 of them, each with the day we read it
- official Domestic lounge list — the 48 rooms the four quarterly visits can be spent at, addresses and terminals included
- official Product page + FAQs — (₹5,999 joining and annual, no spend waiver; 0% forex; welcome 4,000+4,000+4,000 RP once per customer; milestone ₹8L → 7,500 RP OR ₹15L → 15,000 RP)
- official Rewards T&C PDF (bonus is ADDITIVE — Base (A) 10 + Bonus (B) 30/15 = Total (A+B) 40/25 RP per ₹150 app hotel/flight)
- official Jun-2026 change notice PDF (18-Jun-2026 app bonus 20%/10% = 30/15 RP per ₹150)
- official Bank-wide MITC (₹5,999/₹5,999 with NO spend waiver; NIL forex; add-on ₹4,000 metal / ₹3,000 plastic joining and ₹2,000 annual; ₹199 cash advance; ₹99 redemption fee; ₹3,500)
- community CardInsider review
- official FIRST Digital RuPay add-on (UPI) page
- 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)