HSBC launches a new travel credit card in partnership with Mastercard that allows cardholders to instantly redeem their travel rewards with selected leading airlines and hotel chains via the HSBC mobile banking app.
The HSBC TravelOne Credit Card is the first in the market to give customers an instant opportunity to redeem their reward points. Taylan Turan, Group Head of Retail Banking and Strategy, HSBC Wealth and Personal Banking (WPB) said: “Customers tell us they want flexibility, incentives and discounts when they travel. We’re bringing them exactly that by allowing our customers to redeem reward points instantly on our mobile banking app, converting their points with an extensive selection of the world’s leading airlines and hotels.
“Our ambition is to deliver products and services which meet the needs of our growing customer base in Southeast Asia. As part of this, we are doubling down on developing new digital capabilities that match the variety of their borrowing needs, as well as benefits they can use and enjoy instantly. The HSBC TravelOne Credit Card is a key part of our plans to grow our unique cross border international franchise, through offering a multi-market travel card in partnership with Mastercard.”
This was echoed by Beena Pothen, Country Manager for Malaysia and Brunei, Mastercard adding “With travel back after a long hiatus, the launch of the HSBC TravelOne Credit Card with its travel benefits and exclusive privileges, is well-timed. By enabling customers to instantly redeem their rewards via the mobile app while ensuring secure transactions anywhere at any time, the HSBC TravelOne Credit Card will provide frictionless and safe travel experiences for Malaysian cardholders when travelling around the world or closer to home.”
The HSBC TravelOne Credit Card not only does it offer instant redemption of reward points, it also allows customers to earn up to 8x reward points for their eligible spending, and they can also enjoy travel privileges such as complimentary travel insurance coverage and airport lounge access.
