Best Credit Cards for Gadget Shopping in the Philippines

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Published on: April 19, 2021 Last updated: May 5, 2021

Best Credit Cards for Electronics Shopping | Moneymax

Planning to buy gadgets anytime soon? Paying in cash for large purchases is great, but it would take months (or even years) to save up for a mid-range or high-end gadget that could cost more than your monthly salary.

This is why using a credit card to pay for big-ticket items such as mobile phones, laptops, cameras, and speakers makes a sensible choice. It lets you rack up more rewards points and make your payments more manageable.

Here’s a simple guide to help you find the best credit cards for electronics.

4 Features to Look for in a Credit Card for Electronics

best credit cards for electronics - features to consider

1. 0% Installment Plan

Having a credit card that offers flexible installment terms at 0% interest make payments easier on the budget. Instead of being charged the full price for the next billing cycle, you may have it divided into more affordable installments over a period ranging from three to 36 months.

2. Offers Generous Rewards

It’s easy to maximize credit card rewards if you use your card mostly for large purchases such as smartphones, tablets, cameras, and laptops. So get a card that lets you earn rewards points for every purchase you make.

3. Free Purchase Protection Insurance

A useful credit card feature, purchase protection insurance gets you covered when a gadget you bought using your card is stolen or accidentally damaged within 90 days from the date of purchase.

4. Credit Card Promos for Gadget Purchases

Every now and then, credit card providers offer exclusive promos such as discounts, rebates, freebies, and extended warranties to cardholders. An extended warranty, in particular, is a great promo to avail, as the bank will reimburse you when something goes wrong with your purchased item.

Related article: 14 Online Gadget Stores for Your Tech and Gaming Needs

8 Best Credit Cards for Electronics Shopping

1. Metrobank ON Internet Mastercard

best credit cards for electronics - metrobank on internet mastercard

Do you buy gadgets online? Consider the Metrobank ON Internet Mastercard, which is one of the best credit cards for electronics on e-commerce stores.

Designed for online shoppers, this Metrobank credit card allows a more secure transaction over the internet compared to traditional cards. Each time you use it to pay for your online purchase, you’ll automatically receive a one-time password (OTP) on your mobile phone, which you’ll input during checkout to complete your transaction. This OTP feature deters fraudsters from making unauthorized transactions using your credit card details.

Like other Metrobank credit cards, the ON Internet Mastercard enables the cardholder to earn 1 rewards point for every PHP 20 charged to the card.

📌 Key Features and Benefits

  • Annual fee: PHP 500 (free for the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 15,000
  • Rewards program: 1 rewards point for every PHP 20 purchase

Discover Metrobank promos: 10 Metrobank Credit Card Promos You Shouldn’t Miss

2. Citi Rewards Card

best credit cards for electronics - citi rewards card

The Citi Rewards card has one of the best credit card rewards program in the Philippines, making it a great choice in our list of best credit cards for electronics. It’s easy to accumulate points (1 point per PHP 30 spend) using the card, more so if it’s for buying electronics and gadgets.

You also get triple rewards points when you shop and dine. There’s no limit on the points you can earn. Because points never expire, you can use them anytime to pay for purchases at participating establishments.

📌 Key Features and Benefits

  • Annual fee: PHP 2,500
  • Interest rate: 2%
  • Minimum monthly income requirement:
    • PHP 15,000 (for existing cardholders)
    • PHP 20,833.33 (for first-time credit cardholders)
  • Rewards program: 1 rewards point for every PHP 30 purchase
  • Exclusive: FREE PHP 2,000 Foodpanda vouchers when you apply and get approved through the Moneymax website!

3. HSBC Red Mastercard

best credit cards for electronics - hsbc red mastercard

HSBC allows Red Mastercard cardholders to easily rack up rewards points using their card. Every PHP 20 charged to the card earns one point.

Online, overseas, dining, and shopping transactions earn 4 bonus points per PHP 20 spend. Imagine how fast you can accumulate points when you use your card for big-ticket items like gadgets.

Another notable feature of the HSBC Red Mastercard is the Card Installment Plan. Using the card, you can pay for purchases in 3, 6, 9, 12, 18, or 36 monthly installments at partner merchants such as Abenson, Automatic Centre, Camerahaus, PC Express, Powermac, Villman, Western Appliances, and more.

📌 Key Features and Benefits

  • Annual fee: PHP 1,500 (free for the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 16,666.67
  • Rewards program: 1 rewards point for every PHP 20 purchase and 4 bonus points for every PHP 20 spent on overseas, online, dining, or shopping transaction
  • Card Installment Plan: 0% interest on up to 36 monthly installments
  • Balance transfer

4. UnionBank Gold Visa Card

This UnionBank credit card is one of the best credit cards for electronics, especially if you’re after the cash back. It lets cardholders earn a 1.5% rebate on all purchases. There’s no limit on how much cash back you can earn in a year.

The 0% installment plan is also available on the UnionBank Gold Visa. For at least PHP 3,000 purchase using the card, you can choose to pay in installments for up to 36 months at 0% interest from partner electronic stores.

📌 Key Features and Benefits

  • Annual fee: PHP 2,500
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 30,000
  • 1.5% cashback on all purchases, including gadgets
  • 0% interest on up to 36 monthly installments

5. RCBC Bankard Flex Visa

best credit cards for electronics - rcbc flex visa

Apart from earning rewards for every PHP 50 spend, the RCBC Bankard Flex Visa offers contactless payment through its Visa PayWave feature[1]. This allows for faster and safer transactions when buying smartphones, tablets, or laptops.

Carholders also get 2x rewards points on three preferred categories and free international purchase protection.

📌 Key Features and Benefits

  • Annual fee: PHP 1,500
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 15,000
  • Earn 1 rewards point on every PHP 50 spend
  • 2x rewards on three preferred categories (you can choose from dining, clothing, travel or transportation)

Read more: 10 Advantages of Credit Cards for People Who Are Afraid to Get One

6. PNB Platinum Mastercard

best credit cards for electronics - pnb platinum

PNB is one of the few credit card providers in the Philippines that offer purchase protection insurance. Gadgets bought using the PNB Platinum Mastercard are covered against theft and accidental damage for 90 days from purchase date.

For a minimal fee of PHP 120 per year, PNB cardholders can avail of fraud transaction insurance that will protect them against unauthorized charges when their card is lost/stolen, or used to make fraudulent transactions.

Rewards points earned from the Platinum Mastercard can be used to redeem either cash credits or Mabuhay Miles.

Paying for gadget purchases is easy and affordable through flexible payment terms of 3, 6, 9, 12, 18 up to 24 months, making it one of the best credit cards for electronics in the Philippines.

📌 Key Features and Benefits

  • Annual fee: PHP 3,000
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 10,000
  • Rewards program: 1 rewards point or 1 Mabuhay Mile for every PHP 50 purchase / PHP 1 cash credit for every PHP 200 purchase
  • Zero % Affordable Payment Plan: 0% interest on installment up to 24 months
  • Up to PHP 3 million travel insurance
  • Fraud transaction insurance
  • Balance transfer

7. Metrobank World Mastercard

best credit cards for electronics - metrobank world mastercard

Metrobank’s most premium credit card is a good choice among the best credit cards for electronics if you often purchase products from your favorite gadget brands—and your income is enough to afford them.

Packed with the right features for tech enthusiasts, the Metrobank World Mastercard offers purchase protection coverage against theft or accidental damage for 90 days from purchase date. Cardholders can get extended warranty if the original manufacturer’s warranty is two years or less.

The World Mastercard also has a high credit card limit that allows large purchases such as high-end smartphones, laptops, and cameras. Paying for gadgets bought using this Metrobank credit card is made easy through 3, 6, 9, 12, 18, or 24 monthly installment terms.

📌 Key Features and Benefits

  • Annual fee: PHP 6,000 (free for the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 333,333.33
  • Rewards program: 1 rewards point for every PHP 20 purchase
  • 0% Installment program: Up to 24 monthly installments at zero interest
  • High credit limit
  • Extended warranty for up to one year
  • Up to PHP 250,000 purchase protection insurance
  • Up to PHP 5 million travel accident insurance
  • 24-hour concierge service

Final Thoughts

These best credit cards for electronics makes paying for your favorite tech products easier on the budget while letting you maximize the perks of owning your card. You can further protect yourself financially when your newly purchased gadget gets broken or stolen by getting a smartphone insurance plan.

Discover other top credit cards in the Philippines:

Looking for the best credit card for you? Below is a list of top credit card features with discounts and other perks. Compare credit cards with Moneymax!

CategoryDescription
No Annual Fee Credit CardsWant to save money with your credit card? Skip the annual fees with these top cards.
Rewards Credit Cards
Earn more rewards points with these best rewards credit cards! Ideal for online shopping and everyday spending.
Cashback Credit CardsEarn cash rebates with every purchase with a cash back credit card. Ideal for groceries and dining.
Travel Credit CardsAre you a frequent traveler? These best travel credit cards are ideal for racking up air miles and other travel rewards.

Source: [1] Visa payWave Contactless


Written By:

Venus is the Head of Content at Moneymax, with 15+ years of experience in digital marketing, corporate communications, PR, and journalism. She invests in stocks, mutual funds, VUL, and Pag-IBIG MP2. Outside of work, she's crazy about cats and Korean dramas. Follow Venus on LinkedIn.