Amex Platinum Travel vs HSBC Travel One: Which is Better?

Описание: Trying to decide between the American Express Platinum Travel Credit Card and the HSBC Travel One Credit Card? Both cards are popular in India’s mid-premium travel credit card category, but they work in completely different ways.

One card focuses on milestone rewards and hotel vouchers, while the other focuses on flexible reward points that transfer to airline and hotel partners. If you don’t understand how these reward structures work, you could miss a large part of the value.

In this video, I break down the real differences between Amex Platinum Travel vs HSBC Travel One so you can clearly see which card is better for your spending in 2026.

We cover everything that matters before choosing:

• Reward rate comparison – Amex Membership Rewards vs HSBC Reward Points
• How Amex milestone rewards work at 1.9 lakh, 4 lakh, and 7 lakh rupee spend
• The 10,000 rupee Taj Experiences voucher benefit on Amex Platinum Travel
• HSBC Travel One reward rate on travel spending (4 points per 100 rupee)
• Transfer partners and airline / hotel point conversions
• Accor Live Limitless transfer option on HSBC Travel One
• Which card gives better value for everyday spending
• Spending categories that do not earn reward points
• Airport lounge access benefits on both cards
• Annual fee comparison and fee waiver conditions

You’ll also learn which card makes more sense depending on your spending style:

✔ If you prefer milestone-based rewards and hotel vouchers
✔ If you want flexible airline and hotel point transfers
✔ If you spend around 7 lakh rupee per year on a single card
✔ If you want a card focused on travel redemptions instead of cashback

This comparison will help you decide whether the Amex Platinum Travel Credit Card or the HSBC Travel One Credit Card fits your travel and spending strategy.

Cards covered in this video

• American Express Platinum Travel Credit Card
• HSBC Travel One Credit Card