Earn While You Spend: 9 Best Cashback Credit Cards in the Philippines

Everyday expenses—from groceries and utility bills to fuel and dining—can take up a significant portion of your budget. As living costs continue to rise, many Filipinos are looking for practical ways to get more value from their spending without making major lifestyle changes.

That's where cashback credit cards come in. Instead of earning points that may take time to redeem, cashback cards let you earn a portion of your spending back on eligible purchases. Whether you're building your first budget, managing household expenses, commuting daily, or supporting a growing family, cashback can help you save on costs you're already paying for.

In this guide, we'll compare the best cashback credit cards in the Philippines and help you find one that fits your lifestyle, spending habits, and financial goals.

What is a Cashback Credit Card?

A cashback credit card offers the features and functionalities of a regular credit card — but with the added benefit of earning back a percentage of the amount you spend on every eligible purchase you make using your card. Instead of simply using your card as a payment method, you can turn everyday expenses into opportunities to save.

This makes cashback credit cards particularly useful for Filipinos who want to maximize their budget and get more value from their regular spending. Whether you're furnishing your first apartment, managing household expenses, commuting to work, or supporting a growing family, cashback rewards can help offset some of your recurring costs. Typically, you can access your cashback rewards at the end of the billing cycle. 

This type of credit card is perfect if you’re a budget-savvy cardholder looking to save money on big purchases.^[1] 

👉 Is Cashback Different from Rebates?

You might have seen banks use both the terms “cashback” and “rebate.” They practically mean the same thing. Cashback and rebate just have different mechanics for getting the money back. 

Cashback is more straightforward. You earn back a portion of the amount you spend on eligible purchases. For example, if you make a purchase worth ₱5,000 and your credit card has a cashback rate of 5%, your bank will deduct ₱250 from your balance in the next billing cycle. The more you spend on any eligible category, the more you save with your cashback credit card. 

Rebate is a bit more complicated. Instead of deducting the amount from your total balance in the next cycle, the rebated amount will be stored on your credit card account. This means you can collect rebates and request one before your next billing cycle. However, take note that some banks impose a limit on how much rebate can be redeemed in a given cycle.

Essentially, cashback and rebate have the same purpose: to give back a portion of what you spend, ultimately saving money with every purchase. 

👉 How Cashback Credit Cards Can Support Different Financial Goals

Not all cashback credit cards are created equal — and the best one for you depends on how and where you spend your money. While some cards offer higher rebates on groceries and household essentials, others focus on fuel, dining, online shopping, or everyday purchases.

That's why it's important to choose a cashback credit card based on your current priorities, spending habits, and financial responsibilities. A young professional living independently may benefit most from cashback on groceries, bills, and online purchases. Meanwhile, a growing family may want to maximize savings on household expenses, while car owners may prioritize fuel rebates and transportation-related perks.

Best Cashback Credit Cards in the Philippines

Find out which is the best cashback credit card that fits your shopping needs:

💳 UnionBank Cash Back Visa Platinum

• Features and fees:
  • Cashback rate: 
    • Up to 6% cashback on supermarket spend
    • Up to 2% cashback on Meralco bill payments via the UnionBank online app
    • Up to 0.20% cashback on all other spend
  • Annual fee: ₱4,500 
• Eligibility requirements:
  
  • Minimum annual income:
    • ₱ 180,000 (for carded applicants)
      ₱ 250,000 (for non-carded applicants)
      
  • Minimum age: 21 years old

Use this credit card for your next grocery run to earn up to 6% cashback on supermarket spend. Plus, if you manage your bills with a smartphone, you can earn up to 2% cashback when you pay your Meralco bills online. 

The cherry on top? You get full access to UnionBank credit card promos all year round!^[2] 

💳 UnionBank Shell Power Visa Platinum

• Features and fees:
  • Cashback rate: 
    • 5% rebate on Shell fuel spend
    • 5% rebate on RFID load purchases
    • 5% rebate on auto repairs, accessories, and services
    • 10% discount at Shell Helix Oil Change packages
  • Annual fee: ₱4,500

• Eligibility requirements:
  
  • Minimum annual income:
    • ₱ 180,000 (for carded applicants)
      ₱ 250,000 (for non-carded applicants)
      
  • Minimum age: 21 years old

For users whose biggest monthly expense is on gas, the UnionBank Shell Power Visa Platinum can help offset gas prices. Enjoy 5% rebate on Shell fuel spend, along with RFID load purchases, auto repairs, and a 10% discount at Shell Helix Oil Change packages. What makes this cashback card even better is that there’s no monthly outstore spend required to enjoy its benefits.

Got a problem on the road? This card also offers 24/7 emergency roadside assistance, ensuring you are covered whenever you head out. Overall, the UnionBank Shell Power Visa Platinum is an ideal lifestyle companion for motorists looking to maximize their savings on fuel, tolls, and auto maintenance.

💳 BPI Amore Cashback Card

• Features and fees:
  • Cashback rate: 
    • 4% cashback on supermarket spend (required minimum spend: ₱1,000)
    • 1% cashback on drugstore and utility spend (required minimum spend: ₱1,000)
    • 0.30% cashback on all other local spend (required minimum spend: ₱1,000)
  • Annual fee: ₱2,050 (free on the first year)
• Eligibility requirements:
  • Minimum annual income: ₱180,000
  • Minimum age: 21 years old

Another contender for the best cashback credit card in the Philippines is the BPI Amore Cashback Card. For every minimum spend of ₱1,000, you get 4% cashback on your supermarket purchases, 1% cashback on every spend related to health and wellness, and 0.30% cashback on every other local spend.

Also, if you love hanging out at Ayala malls, this credit card provides access to the customer and family lounges of participating malls!^[8]

💳 BPI Amore Platinum Cashback Card

• Features and fees:
  • Cashback rate: 
    • 4% cashback on dining and online food delivery spend (required minimum spend: ₱1,000)
    • 1% cashback on shopping and department store spend (required minimum spend: ₱1,000)
    • 0.30% cashback on all other local or international spend (required minimum spend: ₱1,000)
  • Annual fee: ₱5,000 (free on the first year)
• Eligibility requirements:
  • Minimum annual income: ₱1,000,000
  • Minimum age: 21 years old

Did you know that there’s an upgraded version of the BPI Amore Cashback Card for cardholders with higher income? If you can afford it, you should definitely consider the BPI Amore Platinum Cashback Card. It comes with a 4% cashback on dining and online food delivery spend.

It also comes with special perks you can redeem at Ayala malls nationwide. Aside from free access to customer lounges, you can get 5% off on movie tickets and complimentary parking tickets.^[9]

💳 BPI Petron

• Features and fees: 3% rebate on fuel (maximum of ₱15,000 per year)
• Annual fee: ₱0 (No Annual Fee with Yearly Spend Requirement)
• Eligibility requirements:
• Minimum annual income: ₱180,000
• Minimum age: 21 years old

The BPI Petron card is a reliable and straightforward card perfect for motorists. It allows users to earn a 3% rebate on fuel at Petron stations nationwide. Aside from fuel savings, users can avail BPI’s flexible installment plans, perfect for life upgrades and big purchases..

Moreover, the BPI Petron card also allows users to convert their credit limit to cash for emergencies

💳 Metrobank Cashback Visa

• Features and fees:
  • Cashback rate: 
    • 5% rebate on groceries, telecom, school, and bookstore spend (maximum of ₱1,000 per cycle)
    • 0.2% rebate on all other purchases (maximum of ₱1,000 per cycle)
  • Annual fee: ₱3,500 (free on the first year)
• Eligibility requirements:
  • Minimum annual income: ₱180,000 for carded applicants
  • Minimum age: 21 years old

Looking for the best cashback credit cards before your next grocery run? Consider getting the Metrobank Cashback Visa.

Not only does it have a low income requirement for carded applicants—it also comes with a sizable rebate rate of 5% when paying for groceries, phone bills, school items, and bookstore purchases. Plus, you can get access to Metrobank credit card promos to earn more discounts on dining, shopping, and all other spend categories.^[10]

💳 Metrobank Toyota Mastercard^®

• Features and fees:
  • Cashback rate: 3% rebate on fuel spend at participating Petron stations
  • Annual fee: ₱2,500 (free on the first year) 
• Eligibility requirements:
  • Minimum monthly income: ₱15,000 for carded applicants
  • Minimum age: 21 years old

No, you don’t have to own a Toyota car to enjoy the perks of the Metrobank Toyota Mastercard^®. Still, you can fully maximize this cashback credit card if you do. 

Using this card, any car owner can get a 3% rebate on all fuel spend at participating Petron stations. Toyota car owners have a leg up, as they also get to enjoy discounts of up to 10% off on any eligible spend at Toyota dealerships nationwide.^[3] 

💳 HSBC Live+ Credit Card

• Features and fees:
• Cashback rate:
• Up to 8% cashback on all dining spend
• Up to 5% cashback on shopping spend
• Up to 5% cashback on entertainment spend
• Annual fee: ₱5,000

• Eligibility requirements:
• Minimum annual income: ₱400,000
• Minimum age: 18 years old

If your lifestyle revolves heavily around dining out, shopping, and entertainment, the HSBC Live+ Credit Card turns everyday expenses into cash rebates. The card also offers accelerated cashback percentages like 8% cashback on dining and 5% on shopping and entertainment.

💳 Security Bank Complete Cashback Platinum Mastercard

• Features and fees:
• Cashback rate: 
  • 5% cashback on grocery spend
  • 4% cashback on fuel spend
  • 3% cashback on bills payment
  • 2% cashback on dining spend
  • 1% cashback on shopping spend
• Annual fee: ₱3,000 (free on the first year) 
• Minimum monthly income: ₱65,000

Want more credit card cashback with your Security Bank card? Then step it up a notch with the Security Bank Complete Cashback Platinum Mastercard. 

This credit card comes with so much cashback for all essential spend categories, so if you have a higher income, consider getting this credit card and enjoy more cashback with every swipe!^[7] 

How to Choose the Right Cashback Credit Card for You

Still trying to figure out what the best cashback credit card in the Philippines is for your needs? The best cashback credit card isn't always the one with the highest advertised cashback rate. Instead, it's the card that aligns with your spending habits and helps you save on the expenses you incur most often.
Match the Card to Your Biggest Expense

Start by looking at where most of your money goes each month. Do you spend heavily on groceries and household essentials? Do you drive regularly and spend a significant amount on fuel? Or do you frequently dine out, shop online, or pay utility bills with your credit card?

Different cashback cards reward different spending categories. Choosing a card that complements your lifestyle can help you maximize your cashback earnings without changing your spending habits.

Check Cashback Caps and Limits

A high cashback rate may seem attractive, but it's important to understand the card's cashback limits. Many cards impose monthly, quarterly, or annual caps on how much cashback you can earn. Once you reach the limit, you may earn a lower cashback rate—or none at all—until the next earning period.

If you have higher monthly expenses, a card with a generous cashback cap may offer better long-term value.

Review Spending Requirements

Some cashback credit cards require you to meet a minimum spending threshold before you can qualify for cashback or unlock higher rebate rates. For example, a card may offer enhanced cashback only after reaching a certain monthly spend.

Before applying, make sure the spending requirements fit naturally within your budget. A cashback card should help you save money — not encourage unnecessary spending.

Weigh Annual Fees Against Potential Savings

Finally, consider whether the cashback you expect to earn can offset the card's annual fee. If a card charges a higher annual fee but offers substantial savings in categories where you spend the most, it may still provide excellent value. On the other hand, a card with lower fees and moderate cashback rates may be a better fit for lighter spenders.

By focusing on your spending patterns rather than chasing the highest cashback percentage, you'll be better equipped to choose a credit card that supports your financial goals and delivers meaningful savings over time.

How to Redeem Your Cashback 

Redeeming the cashback rewards you’ve earned by using your cashback credit card will vary on your bank’s cashback redemption process. Here’s how you can redeem yours per provider:

💸 UnionBank

For any cashback earned through your UnionBank credit card, you can redeem a minimum of ₱1 worth of cashback in ₱1 increments through the UnionBank online app. Once redeemed, the cashback rewards will be credited to your account in the next billing cycle. 

However, take note that you can only earn a maximum of ₱1,250 per billing cycle. Any cashback you earn beyond that amount will be credited in the next cycle.

💸 Metrobank

For Metrobank credit cardholders, you can only redeem cashback rewards of up to ₱1,000 per billing cycle and in increments of ₱1,000. The only way to redeem cashback is to call the Metrobank Customer Service Hotline at 8870-0700. 

Upon redemption, your cashback rewards will be credited to the succeeding statement account.

💸 HSBC

Any cashback earned by your HSBC credit card will be credited to your account by the fourth week of the succeeding calendar month. For instance, if you earned some cashback from March 1 to 31, the money will be credited to your account by the fourth week of April. 

No need to do anything to redeem your cashback. Just note you can only earn ₱1,200 worth of cashback per calendar month.

💸 Security Bank

There’s no need to do anything to redeem the cashback earned through your Security Bank credit card. It will be credited automatically to your credit account in your current billing cycle. Here are the limits for Security Bank’s cashback credit cards:

• Security Bank Wave Mastercard – ₱250 per calendar month
• Security Bank Complete Cashback Platinum Mastercard – ₱1,000 per calendar month 

💸 BPI

BPI Amore Cashback has an annual cashback limit of ₱15,000. Any cashback earned beyond the limit will be credited to the next calendar year. You can only redeem cashback rewards in increments of ₱500. Here’s how to redeem your cashback:

• Visit your nearest BPI branch
• Call BPI phone banking at (+632) 889-10000
• Send an email to help@bpi.com.ph with the subject line: Amore Cashback Redemption 

How to Maximize Your Chosen Cashback Credit Card

Found the best cashback credit card in the Philippines that perfectly suits your needs? If yes, here’s how you can maximize the use of that card:

• Maximize your spending. Charge your biggest eligible expense to your cashback credit card to earn the most rewards.
• Strictly use your cashback credit card on spend categories that earn you the most cashback or rebates.
• Take note of your credit card’s cashback or rebate redemption process so you can seamlessly get your cashback credited properly before settling your credit card bill.
• Mark your billing cycle cut-off date on your calendar so that you can plan your spending accordingly. Sync your purchases with the dates when you can earn the most rebates.
• Most banks impose cashback limits on their credit cards. Make every peso count by earning the maximum cashback or rebate amount you can on a given payment cycle.

Final Thoughts

The best cashback credit card isn't necessarily the one with the highest cashback rate — it's the one that aligns with your lifestyle, spending habits, and financial goals. When choosing a cashback credit card, focus on the expenses that make up a large portion of your budget and look for a card that rewards those spending categories. Combined with responsible credit card use, cashback can help you reduce everyday costs and make your money work harder for you.

As your financial priorities change over time, your ideal credit card may change as well. Whether you're building your financial foundation, managing household expenses, or working toward bigger life goals, the right cashback credit card can help you get more value from every peso you spend.

By understanding your spending habits and comparing your options carefully, you can choose a cashback credit card that not only offers rewards but also supports smarter financial decisions at every stage of your journey.

Do your research and compare all possible credit card options so that you can make an informed decision that will benefit you in the long run. 

Sources:

• ^[1] How Do Cash-Back Credit Cards Work? (NerdWallet, 2024)
• ^[2] UnionBank Cash Back Visa Platinum (UnionBank website)
• ^[3] Metrobank Toyota Mastercard (Metrobank website)
• ^[4] HSBC Gold Visa Cash Back Credit Card (HSBC website)
• ^[5] HSBC Platinum Visa Rebate Credit Card (HSBC website)
• ^[6] Security Bank Wave Mastercard (Security Bank website)
• ^[7] Security Bank Complete Cashback Platinum Mastercard (Security Bank website)
• ^[8] BPI Amore Cashback Card (BPI website)
• ^[9] BPI Amore Platinum Cashback (BPI website)
• ^[10] Metrobank Cashback Visa (Metrobank website)