HSBC / Mastercard

Apply for HSBC Red Mastercard

Earn bonus points on every purchase and enjoy generous rebates on fuel and more with the HSBC Red Mastercard. Apply now to dive into a world of rewards and exclusive benefits!
Withdrawal Limit
₱40,000.00
Min. Annual Income
200000
Anual fee
2500

HSBC Red Mastercard Key Benefits

Gift Card
Gifts and promo
airplane icon
Air miles
piggy bank
Cashback
  • Automatic crediting on rebates to be earned at a maximum of ₱1,200 per calendar month
  • Earn 1 bonus point for every ₱20 spend
  • Earn up to 4 points on shopping, dining, online, & overseas transaction
  • Caltex 6% rebate on 1st transaction and 3% on every transaction
ramen bowl icon
Dining / restaurants
Loyalty points
Loyalty points
Traveling
Traveling
  • Redeem airmiles & rewards items using your earned bonus points International offers via HSBC home & away Privilege program
shopping cat
Shopping
gas station icon
Petrol
Bills/Payments
Bills/Payments
  • 0% installment offers up to 36 months
Other
Other
  • Waived Annual Fees for Life with your new HSBC Red Mastercard or Gold Visa Cash Back Credit Card- simply spend at least ₱18,000 using your newly approved and activated HSBC Red or Gold Credit Card within 60 days

Eligibility

Minimum Age
25
Maximum Age
40
Min. Annual Income
200000
Landline Required?
Yes
No
Another Credit Card Required?
Yes
No

Required Documents

ID Documents
Driver's License Passport UMID SSS TIN Philsys PRC
Proof of Income
  • Regular Employee: COE with signature
  • Self Employed: Audited Financial Statements: In the last two years; Business registration/permits: SEC/DTI Registration
Additional Requirements

Fees

Annual Fee
2500
Issuance Fee
0
Free annually?
Yes
No
Min Monthly Repayment
3%

Interest

Interest Rate
3%
Interest Free Period
0
Days

Limits

Min Credit Limt
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Max Credit Limt
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Withdrawal limit
₱40,000.00
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Payment and Receiving Methods

Payment and Receiving Methods

Payment and Receiving Methods

Supported Payment Methods

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Receiving Methods

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Why should i get the HSBC Red Mastercard?

For astute consumers who wish to maximize every peso, the HSBC Red Mastercard is the ideal partner. Get expedited reward points for dining, shopping, and internet purchases. These points can then be redeemed for exclusive benefits and presents.With an annual charge of just ₱1,500—which is waived for the first year—this card, which is intended for people with a minimum yearly income of ₱200,000, offers outstanding value. Its reasonable price grants access to flexible payment plans, 0% installment plans, and international purchasing privileges.The HSBC Red Mastercard offers unparalleled convenience and adaptability. Everyone can receive the benefits they are entitled to as eligibility begins at age 18 and there is no issuance fee.Increase your purchasing power and give each buy purpose. Get your HSBC Red Mastercard now.

HSBC Red Mastercard Alternatives

EastWest Visa Gold

EastWest Visa Gold

Visa
Withdrawal Limit
₱50,000 daily
Min. Annual Income
480000
Anual fee
2500
  • Earn 1 reward point for every ₱100 spent
  • Travel with confidence thanks to complimentary Travel Accident and Inconvenience Insurance
  • Use your EastWest Visa Gold globally, including in the Philippines
  • Benefit from a variety of exclusive privileges for shopping, dining, and traveling
  • Ideal for those who prioritize luxury and rewards
BPI Gold Rewards Card

BPI Gold Rewards Card

Mastercard
Withdrawal Limit
Refer to your BPI
Min. Annual Income
480000
Anual fee
2250
  • Earn 1 reward point for every ₱35 spend
  • Avail flexible installment plans with terms up to 36 months
  • Free travel insurance up to ₱10 million
  • Enjoy endless rewards and perks all year round
  • Ideal for cardholders looking for premium benefits
BPI Amore Cashback Card

BPI Amore Cashback Card

Visa
Withdrawal Limit
Refer to your BPI
Min. Annual Income
180000
Anual fee
2050
  • Get up to 4% cash back on supermarkets and department store spend
  • Get up to 1% cash back on drugstore and bills payment spend
  • Earn up to 0.3% cash back on all other local retail spend
  • Enjoy unlimited access exclusive customer and family lounges in Ayala Malls
  • One of the lowest forex conversion rates at 1.85%
  • Ideal for cardholders who love saving while shopping

Frequently asked questions

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