HSBCUpdated Sep 29, 2026
HSBC Red Platinum Mastercard
6% Rebate on your first Caltex fuel purchase, then 3% rebate all year with a maximum total Rebate of ₱7,200
Annual fee₱2,500/year
NetworkMastercard
Minimum income₱400,000/year
Best forCashback
Everything important, in one place.
Overview
- Provider
- HSBC
- Best for
- Cashback
Features
- 6% Rebate on your first Caltex fuel purchase, then 3% rebate all year with a maximum total Rebate of ₱7,200
- Earn Rewards Points with every spend and get 4X bonus points on online, dining, shopping, and overseas spend
Lock Card Feature
- N/A
Note
- The HSBC Red Mastercard has been upgraded to Platinum status
Card features
- Dining
- Gas
- Online Spend
- Shopping
Fees
- Annual fee
- ₱2,500/year
- Monthly interest
- 3%
- Foreign transaction fee
- 2.50%
Note: Forex fee applies to the converted amount based on the prevailing rate of your card network and HSBC at posting time
- Cross-border fee
- 1%
Note: Cross-border fees apply for purchases from merchants outside the Philippines, even if charged in Philippine Peso (₱)
Multiple Payment Fee
- N/A
Eligibility
- Minimum income
- ₱400,000/year
Rewards and cashback
- Card purpose
- Cashback
- Earning rate
- 1 Point for every ₱20 spend
- 4X Bonus Points on online, dining, shopping and overseas spend
- Network
- Mastercard