Credit cards
HSBC Red Platinum Mastercard
HSBC Philippines
4.88 reviews
About this product
HSBC Red Platinum Mastercard from HSBC Philippines offers 3% per month. Compare the facts below, then continue to the provider when you're ready.
Key facts
- Rate
- 3% per month
- Rewards
- 4× points on online, dining, shopping, and overseas spend
- Good for
- Online shopping and rewards
- Rating
- 4.8 / 5
Card details
- Network
- Mastercard
- Tier
- Platinum
- Best for
- Online shopping and rewards
- Billing currency
- PHP
- Availability
- Public apply
- Min. annual income
- ₱400,000
- Min. monthly income
- ₱33,333
- Principal annual fee
- ₱2,500
- Supplementary annual fee
- ₱1,250
- Intro / first-year fee
- Annual fee waived for first year
- Monthly interest rate
- 3%
- Foreign transaction fee
- 3.5%
- Cash advance fee
- ₱200 per transaction; 3% monthly nominal interest
- Base earn rate
- 1 bonus point per ₱20
- Bonus / cashback
- 4× points on online, dining, shopping, and overseas spend
- Cap / threshold
- Accelerated points apply to up to ₱40,000 qualified spend per month
- Other key benefits
- Rewards redemption, 0% installment offers, Caltex rebates, app and e-statement access
- Eligibility
- Existing locally issued primary credit card held for at least 6 months; minimum annual income ₱400,000
- Processing time
- About 5–10 business days after complete documents
What people say
Based on 8 reviews
UN
Unknown
12 Jul 2026
Fast release, clear terms
Applied online and got approved in two days. The rate matched what was advertised — no surprise fees. Staff answered all my questions.
UN
Unknown
3 Jul 2026
Good but paperwork heavy
Rates are competitive and the app is decent. Took a while to gather all the documents, but support was patient with an OFW like me.
UN
Unknown
28 Jun 2026
Reliable for repeat borrowers
Second time borrowing here. Renewal was smooth and the monthly amortization is exactly as computed on Finsyal.