PETALING JAYA: HSBC Malaysia has set a new benchmark for travel convenience by unveiling a new product, the HSBC TravelOne Credit Card, which allows customers to instantly redeem their travel rewards with selected leading airlines and hotel chains.

The TravelOne Credit Card, a product of a partnership between HSBC and Mastercard, was created with the convenience of the client in mind.

Officiating the launch, HSBC group head of retail banking and strategy wealth and personal banking (WPB) Taylan Turan mentioned three main key points that HSBC looked into, which are customers’ choice flexibility, incentives and having the ability to obtain all of this with ease.

“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,” he added.

In a statement, Turan said HSBC’s TravelOne Credit card is a key part of HSBC’s plan to grow its unique cross-border international franchise by offering a multi-market travel card.

He then explained that in the fourth quarter of 2022, travellers from Malaysia had increased significantly by 66% and this strengthened his belief that spending on travel and leisure would help increase health effects.