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Get More Bang for Your Buck: 32 Best Credit Cards in the Philippines

Venus Zoleta

Venus Zoleta

Last updated January 12, 2024

Now that more Filipinos are turning to cashless payments, having a credit card is no longer just a status symbol but a necessity.

Credit cards make payments more convenient, safe, and budget-friendly. They can also help you manage your finances, as long as you get the right one and use it responsibly.

If getting your finances in order is one of your goals, you must find the best credit card that suits your needs. Here's a comprehensive list of the best credit cards in the Philippines in 2024 for different spending categories.

What is the Best Credit Card in the Philippines?

best credit cards in the philippines - what is the best credit card

There's no single credit card that works best for everyone. Your choice would still depend on your budget, needs, lifestyle, spending habits, priorities, and preferences.

Moreover, each credit card is made for a specific type of cardholder.

Consider these important factors so you can easily trim down your choices and decide on the best credit card in the Philippines to get.

3 Things to Consider When Choosing the Best Credit Card 

👉 Minimum Income and Other Requirements

You should first check the eligibility and documentary requirements for the credit cards you're considering. For example, if you're earning below the minimum income requirement of a particular card you like, chances are the bank won't approve your application.

👉 Credit Card Fees and Charges

Pay close attention to the annual fee, late payment fee, and overlimit fee. If you plan to use a credit card abroad, you must also look at the foreign currency transaction fee.

These credit card fees may seem small but they add up over time. To save money, compare the fees and charges of different credit cards and choose the one that offers the best features with the lowest fees. Ideally, get a no annual fee for life credit card in the Philippines—it can save you up to ₱6,000 a year.

👉 Credit Card Rewards, Cashback, and Other Perks

Look for credit cards that offer the most attractive deals, such as rewards, rebates, discounts, and freebies for the categories you spend on the most, like dining, groceries, fuel, online purchases, and more gadgets. 

Find out how much and how fast you can earn such perks. This way, you can fully enjoy the benefits of a credit card. Because aside from payment convenience, that's what credit cards are for, right?

Here's a quick look at some of the best credit cards in the Philippines:

Credit Card Best For Key Features
UnionBank Rewards Credit Card
UnionBank Rewards Credit Card - Aug 2023
APPLY NOW
Rewards
  • 1 point per ₱30 spend
  • 3x points for shopping and dining in the Philippines and overseas
  • Non-expiring points can be redeemed for cash credits, gadgets, and more
Metrobank Platinum Mastercard®
metrobank PLATINUM MASTERCARD
APPLY NOW
Dining
  • Up to 50% off on dining deals
  • 1 rewards point for every ₱20 spend 
HSBC Platinum Visa Rebate
HSBC_VISA_PLATINUM
APPLY NOW
Travel
  • 5% cashback on travel transactions
  • Free travel insurance
  • 6% rebate on the first Caltex fuel purchase plus a 3% fuel rebate all year round
Security Bank Complete Cashback Mastercard
Security Bank Complete Cashback Platinum Mastercard
APPLY NOW
Cashback
  • 5% cashback on groceries
  • 4% on fuel
  • 3% on utilities
  • 2% on dining
  • 1% on shopping
BPI Rewards Card
BPI Rewards Card
APPLY NOW
Beginners
  • Low income requirement of  ₱15,000
  • Low annual fee of ₱1,550 (waived for the first year)
Petron BPI Card
Petron BPI Card
APPLY NOW
Fuel Purchases and Auto Services
  • 3% fuel rebate at participating Petron stations nationwide
  • Free ₱200 fuel voucher for first-time cardholders
UnionBank Lazada Credit Card
unionbank lazada
APPLY NOW
Online Shopping
  • ₱6 Lazada Credits per ₱200 spend at Lazada, ₱1 Lazada Credit per ₱200 spend elsewhere
  • Welcome gift: ₱5,000 Lazada Wallet Credits
  • Free monthly shipping of up to ₱50 
  • Free discount vouchers worth ₱500

For more details and credit card options, keep reading!

Best Credit Cards in the Philippines for Beginners

💳 BPI Rewards Card

BPI Rewards Card
  • Annual fee: ₱1,550 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱15,000
  • Other eligibility requirements:
    • 21 to 60 years old
    • Any government-issued and signed ID
    • Proof of income

Looking for a credit card with a low income requirement, a low annual fee, and flexible installment plans? The BPI Rewards Card is the sensible choice for beginners. 

It’s also the best credit card in the Philippines this 2024 for newbies who want to earn rewards. For every ₱35 you spend, you earn 1 BPI point. You can redeem those points for air miles, gift vouchers, and shopping credits.

💳 PNB Essentials Mastercard 

PNB Essentials Mastercard
  • Annual fee: ₱1,200
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱10,000
  • Other eligibility requirements:
    • 21 to 65 years old
    • Proof of income 
    • Proof of billing
    • Valid ID 

For a first credit card, you want something that has a low income requirement and annual fee but all the excellent perks and benefits. You can get all that with the PNB Essentials Mastercard, which lets you earn rewards points for all your purchases. 

If shopping abroad, you also get billed in peso. Moreover, all supplementary cards have no annual fees for life. 

💳 AUB Classic Mastercard

AUB Classic Mastercard-1
  • Annual fee: No annual fee for life
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱50,000
  • Other eligibility requirements:
    • 21 to 65 years old
    • Mobile number and home or office landline number
    • Active email address
    • At least one-year regular employment status/profitable business operation/practice of a profession
    • Identification and income documents

All AUB credit cards' annual fees are waived for life. Although the AUB Classic Mastercard has a relatively higher income requirement than most beginner credit cards, it's still one of the most flexible options out there in terms of monthly payment frequency, due date, and minimum amount due.

Read more: Do More with Your Card: Top AUB Credit Card Promos This 2024

Best Rewards Credit Cards in the Philippines

🎁 UnionBank Rewards Credit Card

UnionBank Rewards Credit Card
  • Rewards rate: 
    • 3x non-expiring reward points when you shop and dine here and abroad
    • 1 non-expiring reward point for every ₱30 spend
  • Interest rate: 3%
  • Annual fee: ₱2,500 (free for life if you apply, get approved, and meet the spend requirement within the promo period)
  • Minimum monthly income requirement: ₱15,000

If you're looking for the best credit card to earn rewards, the UnionBank Rewards Credit Card is a foolproof option. 

Love traveling, shopping, and exploring new cuisines? You can earn 3x non-expiring reward points when you shop and dine here and abroad. Plus, you earn one non-expiring reward point for every other spend. 

Use your accumulated points to redeem merchandise, cash credits, points transfers, and other rewards.

Read more: UnionBank Credit Card Promos for New Cardholders, Travelers, and More


🎁 Free Welcome Gift: No Annual Fee for Life Plus Maximum Rewards for U!

moneymax unionbank rewards credit card no annual fee promo

Eligible card: UnionBank Rewards Credit Card

Promo period: Until February 29, 2024

Say goodbye to annual fees forever and hello to next-level rewards with your new UnionBank Rewards Card! Just apply via Moneymax and get approved within the promo period, and then meet the ₱20,000 spend requirement within 60 days from your card approval date.

This Moneymax UnionBank Rewards Credit Card No Annual Fee Promo runs until February 29, 2024 only. Per DTI Fair Trade Permit No. FTEB-178773 Series of 2023.

Note: The promo is exclusive to applicants who do not have an existing principal credit card issued by UnionBank and/or Citi.


🎁 Metrobank Titanium Mastercard® 

Metrobank Titanium
  • Rewards rate:
    • 1 rewards point for every ₱20 spend
    • 2x rewards points on dining, department store, and online purchases
  • Interest rate: 3%
  • Annual fee: ₱2,500 (waived for carded first-time Metrobank cardholders who apply until February 29, 2024 and meet an annual spend of ₱180,000)
  • Minimum monthly income requirement: ₱15,000

If you frequently shop online, the Metrobank Titanium Mastercard® will make the experience not just convenient but also secure. For instance, the card comes with e-commerce protection, which provides insurance coverage for your items in case they get lost or damaged. This feature even applies to international purchases. 

The Metrobank Titanium Mastercard® is the best credit card in the Philippines for those who usually pay for big-ticket purchases. It comes with 0% interest installment plans, which you can use for tuition and hospital bills.


🎁 Free Gift from Moneymax: ₱2,500 eGift, Xiaomi Redmi Soundbar, or JBL Wave Beam True Wireless Earbuds 

moneymax metrobank credit card promo - giftaway egift xiaomi redmi soundbar jbl wireless earbuds

Eligible cards: Metrobank Titanium Mastercard®, Platinum Mastercard®, and World Mastercard®

Promo period: Until February 29, 2024

How do you get a Metrobank credit card welcome gift? Simple! Just apply and get approved for any eligible card through the Moneymax website.

Choose from a ₱2,500 eGift voucher via Giftaway, a Xiaomi Redmi Soundbar (worth ₱2,499), or JBL Wave Beam True Wireless Earbuds (worth ₱3,799) as your free special gift.

This Moneymax Metrobank eGift/Xiaomi/JBL promo runs until February 29, 2024 only. So hurry and apply now!

Per DTI Fair Trade Permit No. FTEB-184526 Series of 2024. Terms and conditions apply.

Note: Applicant must be an existing credit cardholder in good standing for at least nine months.


🎁 HSBC Red Mastercard

HSBC Red Mastercard
  • Rewards rate:
    • 4x bonus points on online, dining, shopping, and overseas transactions
    • 1 bonus point per ₱20 spend on other categories
  • Other notable perks: 6% rebate on the first Caltex fuel purchase plus 3% fuel rebate all year round
  • Annual fee: ₱2,500 (free for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱16,666.67

The HSBC Red Mastercard is the best credit card in the Philippines for frequent shoppers. It lets you accumulate points fast. Use them to redeem gift certificates, air miles, and items.

Check out this HSBC Red Mastercard review for more details about this card.

Read more: Steals and Deals: Best HSBC Credit Card Promos This 2024


🎁 Free Gift from Moneymax: Giftaway Credits, Infinity Audio Clubz 250, or JBL Tune 520 BT

moneymax hsbc credit card promo - giftaway infinity jbl

Eligible cards: HSBC Red Mastercard, Gold Visa Cash Back, and Platinum Visa Rebate

Promo period: Until February 29, 2024

Not an HSBC credit cardholder yet? Apply for an HSBC card through Moneymax during the promo period (and get approved subsequently) to receive an exciting free welcome gift! Choose from free Giftaway credits worth ₱2,500, Infinity Audio Clubz 250 worth ₱2,599, and JBL Tune 520 BT worth ₱3,349. 

This Moneymax HSBC Giftaway/Infinity Audio/JBL promo runs until February 29, 2024 only. So hurry and apply now!

Per DTI Fair Trade Permit No. FTEB-184120 Series of 2024. Terms and conditions apply. 


🎁 Security Bank Gold Mastercard

Security Bank Gold Mastercard

  • Rewards rate: 1 point per ₱20 spend
  • Other perks:
    • Non-expiring rewards points and exclusive offers from select stores
    • SecureCode for safe online transactions
    • Exclusive access to the Marhaba Lounge at NAIA Terminals 1 and 3
  • Interest rate: 3%
  • Annual fee: ₱2,500
  • Minimum monthly income requirement: ₱30,000

With rewards points that don't expire, worldwide acceptance, an exciting rewards catalog, and more exclusive perks, the Security Bank Gold Mastercard is the perfect companion for all avid shoppers out there.


🎁 Free Gift from Moneymax: ₱2,500 eGift, Sony Wireless Headphones, or Nescafe Dolce Gusto Mini Me

security bank welcome gift - egift sony wireless headphones nescafe dolce gusto mini me

Eligible cards: Select Security Bank credit cards

Promo period: Until February 29, 2024

Want a credit card from Security Bank? You're in for a treat if you apply and get approved for an eligible card through Moneymax and meet the minimum spend requirement. Pick your free Security Bank welcome gift: a ₱2,500 Giftaway eGift voucher; Sony WH-CH520 wireless headphones worth ₱3,299; or a Nescafe Dolce Gusto Mini Me Coffee Machine (worth ₱6,990).

This Moneymax Security Bank Giftaway/Sony/Nescafe credit card promo runs until February 29, 2024 only. Apply now!

Per DTI Fair Trade Permit No. FTEB-183905 Series of 2024.  Terms and conditions apply


🎁 BPI Platinum Rewards Card

BPI Platinum Rewards Card
  • Rewards rate:
    • 2x points for every ₱30 local spend
    • 2x points for every ₱20 foreign currency spend online and abroad
  • Other notable perks:
    • Up to ₱10 million free travel insurance
    • Up to 180 days of purchase protection insurance
    • Up to four complimentary airport lounge passes to over 1,300 lounges worldwide when you meet the spend requirement
  • Annual fee: ₱4,000 (free for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱83,333

If you're a frequent shopper both here and abroad, get the BPI Platinum Rewards Card. Maximize its generous rewards program and enjoy 0% interest installment for up to six months at partner airlines all year round. 

This card also lets you convert your points into air miles.  

🎁 RCBC Flex Visa

RCBC Flex Visa

  • Rewards rate:
    • 2x rewards points on two preferred categories (options include dining, clothing, travel, or transportation)
    • Shopping vouchers, cash rebates, cash credit, or air miles for your rewards points
  • Other notable perks:
    • Free travel insurance
    • Access to Marhaba or SkyView Airport Lounge 
  • Interest rate: 3%
  • Annual fee: ₱1,500 (waived for the first year)
  • Minimum monthly income requirement: ₱15,000

Enjoy flexibility in spending and collect points that you can use to redeem your desired rewards. You also enjoy exclusive perks whenever you travel, including free travel insurance (Travel Plus Lite) and access to Marhaba or Skyview Airport Lounge. 

Use your RCBC Flex Visa to enjoy free purchase protection insurance when ordering items from abroad. This benefit covers the loss or accidental damage of the items bought overseas worth up to ₱50,000. 

Best Cashback Credit Cards in the Philippines

💸 Security Bank Complete Cashback Platinum Mastercard

Security Bank Complete Cashback Platinum Mastercard

  • Cashback rate
    • 5% on groceries
    • 4% on fuel
    • 3% on utilities
    • 2% on dining
    • 1% on shopping
  • Other notable features: 
    • Access to Marhaba Lounge at NAIA 1 and 3
    • Free online purchase protection of up to US$200
  • Annual fee: ₱3,000 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱65,000

Security Bank offers a five-tiered rebate system on its cashback credit card. You can earn cashback on the five most essential expenses—groceries, gas, utility bills, dining, and shopping—as long as they're transactions made in the Philippines. 

The rebate rates apply no matter how much you spend. Your rebate also gets immediately credited to your credit card balance.

💸 BPI Amore Cashback Card

BPI Amore Cashback Card
  • Cashback rate:
    • Supermarkets: 4% 
    • Drugstores and utilities: 1% 
    • Other local retail spend: 0.3%
  • Other notable perks: 
    • Unlimited access to exclusive customer and family lounges at Ayala Malls
    • Low forex conversion rates at 1.85%
  • Annual fee: ₱2,050 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱15,000

Although this BPI cashback card is one of the best credit cards in the Philippines for shopping, it's also ideal for people who often spend on groceries, medicines, and utilities since it offers a high cashback rate of up to 4%. It also lets you enjoy 0% interest installment plans for big-ticket purchases.

💸 UnionBank Platinum Mastercard

UnionBank Platinum Mastercard
  • Cashback rate: 1% on all purchases
  • Maximum monthly rebate: None
  • Other notable perks: 
    • Free lounge access at NAIA Terminals 1 and 3
    • Free life insurance coverage of up to  ₱400,000
  • Annual fee: ₱3,000
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱50,000

Unlike most cashback credit cards in the Philippines, UnionBank offers a fixed rebate rate of 1% regardless of the spending category. Another unique feature of this credit card is that there's no limit to how much rebate you can earn in a month or year. Plus, cashback earned doesn't expire, so you can redeem it anytime.

You’ll also get free ₱5,000 cashback when you use your credit card within 60 days after approval. It applies to purchases worth ₱40,000 within the said duration.

Best Credit Cards in the Philippines for Travel

✈️ Metrobank World Mastercard®

Metrobank World Mastercard
  • Rewards points earn rate: 
    • 1 rewards point for every ₱20 spend
    • 2x rewards points for every ₱20 international spend
  • Air miles earn rate: 1 mile = ₱25 foreign currency spend
  • Other notable perks:
    • Free airport lounge membership
    • Free annual fee forever for the first two assigned supplementary cards 
    • Up to 50% off on dining deals
  • Annual fee: ₱6,000 (waived for carded first-time Metrobank cardholders who apply until January 31, 2024 and meet an annual spend of ₱600,000)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱333,333

Frequent jetsetters can fully maximize Metrobank World Mastercard®’s generous rewards program. Earn 1 rewards point for every ₱20 spend and double the points for every ₱20 spend abroad. Plus, every ₱25 foreign currency spend earns you 1 mile, so you can quickly rack some more for your next trip!

If you apply for this Metrobank credit card for the first time until January 31, 2024, and meet the minimum spend of ₱90,000 within 60 calendar days from approval, you also get free 300,000 rewards points. Note that you must be an existing cardholder to qualify for this promo.

✈️ HSBC Platinum Visa Rebate

HSBC CC Blog Visual CTA - HSBC Platinum Visa Rebate
  • Travel rebate rate: 5% cashback on travel and shopping (including online) transactions
  • Other notable perks:
    • Free travel insurance
    • 1% rebate on insurance and 0.50% on all other spend
    • 6% rebate on the first Caltex fuel purchase plus a 3% fuel rebate all year round
  • Annual fee: ₱5,000 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱41,666.67

This HSBC credit card suits frequent travelers because of its high cashback rate for travel and shopping spend, plus plenty of other exciting perks. It’s the perfect card for big-ticket purchases, as it comes with 0% interest installment plans that earn you 3x bonus points.

✈️ Security Bank Platinum Mastercard

Security Bank Platinum Mastercard
  • Rewards points earn rate: 2 points per ₱20 spend
  • Other notable perks:
    • Free travel insurance of up to  ₱10 million 
    • Access to 1,000 airport lounges worldwide
  • Annual fee: ₱4,000 
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱65,000

Earn points quickly with the Security Bank Platinum Mastercard. You earn 2 rewards points for every ₱20 spend. You can convert these points into air miles and other exclusive rewards. 

The Security Bank Platinum Mastercard is the perfect card for those who shop a lot abroad. You can save on your purchases with the Mastercard Travel Rewards feature. It entitles you to automatic cashback deals when you shop at participating shops in any international Mastercard Travel Rewards destinations. 

✈️ BPI Signature Card

BPI Signature Card
  • Air miles earn rate: ₱50 spend = 1 mile
  • Rewards points earn rate: ₱20 spend = 2 BPI Points
  • Other notable perks:
    • Up to ₱20 million free travel accident and inconvenience benefit
    • Complimentary access to the PAGSS international lounges in NAIA 1 and NAIA 3
    • 50% off deals on hotels, resorts, and more
    • Low forex conversion rate of 1.85% when shopping abroad
  • Annual fee: ₱5,500 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱100,000

BPI Signature Card offers the lowest credit card points to miles conversion in the market at ₱50 = 1 mile. You can also earn rewards fast: 2 BPI Points per ₱20 spend.

Use this premium BPI credit card to enjoy travel insurance, complimentary access to airport lounges, exclusive discounts, and low forex conversion rates of just 1.85%—perfect for when you shop for pasalubong abroad.

✈️ RCBC AirAsia Credit Card

RCBC AirAsia Credit Card
  • Air miles earn rate: 
    • 2 airasia points per ₱25 Airasia spend 
    • 1 airasia point per ₱22 international retail spend
    • 1 airasia point per ₱28 domestic retail spend
  • Other notable perks:
    • Welcome gift of up to 8,000 airasia points
    • Accepted globally
  • Annual fee: ₱3,600 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱20,833

Powered by RCBC, the AirAsia Credit Card allows you to earn points from your local and international purchases quickly. You can redeem free AirAsia flights or vouchers from Lazada, SM Gift Pass, Grab, and more with your accumulated points. It also has perks that make your pre-departure and in-flight experiences more convenient.

Platinum membership, on the other hand, entitles you to Final Call Sales, where you can get up to 90% off on AirAsia flights.

✈️ RCBC Visa Platinum

RCBC Visa Platinum
  • Air miles earn rate: 1 preferred air mile for the following spend categories:
    • ₱25 overseas spend
    • ₱48 local spend
    • ₱125 supermarket/fuel/drugstore purchase
    • ₱250 utility bills payment
  • Other notable perks:
    • 100% temporary increase in credit limit during the cardholder's travel period
    • Up to ₱5 million travel insurance and purchase protection insurance
    • Unlimited free lounge access at NAIA Terminals 1 and 3
  • Annual fee: ₱5,000 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱100,000

The RCBC Visa Platinum is the best credit card in the Philippines for travelers who want to earn miles fast. You can earn your preferred air miles using your card across different spending categories.

The RCBC Visa Platinum also comes with other travel-related benefits, such as travel insurance and a temporary increase in your credit limit during your trip. You can also access local airport lounges, such as Club Manila and Skyview Airport lounges at NAIA Terminals 1 and 3.

✈️ EastWest Singapore Airlines KrisFlyer Platinum Mastercard

EastWest Singapore Airlines KrisFlyer Platinum Mastercard
  • Air miles earn rate: 1 KrisFlyer Mile for every ₱45 spend
  • Other notable perks:
    • Free Priority Pass™ membership at more than 1,300 airport lounges worldwide
    • 1.70% foreign currency conversion fee
    • Up to nine supplementary cards
  • Annual fee: ₱4,000
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱100,000

For people with an ever-growing travel bucket list, the EastWest Singapore Airlines KrisFlyer Platinum Mastercard is an excellent choice. Every ₱45 you spend earns you 1 KrisFlyer Mile. 

For peaceful and comfortable travel, you also get access to airport lounges in over 1,300 airports worldwide with your free Priority Pass™ membership. When you shop abroad, you also enjoy a low foreign currency conversion fee of 1.70%.

Read more: Avail of These EastWest Credit Card Promos Before They’re Gone 

Best Credit Cards in the Philippines for Dining

🍽️ Metrobank Platinum Mastercard® 

Metrobank Peso Platinum Mastercard
  • Discount: 50% off on dining deals 
  • Other notable perks: 
    • 1 rewards point for every ₱20 spend
    • Automatic worldwide insurance for online purchases with e-Commerce Protection
    • Free first supplementary card 
  • Interest rate: 3%
  • Annual fee: ₱5,000 (waived for carded first-time Metrobank cardholders who apply until January 31, 2024 and meet an annual spend of ₱400,000)
  • Minimum monthly income requirement: ₱58,333

Enjoy 50% off dining offers at participating merchants with the Metrobank Platinum Mastercard®. Using this card also earns you 1 rewards point for every ₱20 spend. 

Getting your loved one a supplementary card? You’re in for a treat because your first supplementary card’s annual fees are waived forever.

Apply for this Metrobank credit card until January 31, 2024, and meet the minimum spend of ₱70,000 within 60 calendar days from the date of approval to get free 310,000 rewards points. Note that you must be an existing cardholder to qualify for this promo. 

🍽️ HSBC Gold Visa Cash Back

HSBC Gold Visa Cashback
  • Rebates:
    • 5% rebate on dining all year round
    • 1% rebate on department store spend and overseas transactions in select months
    • 0.50% rebate on all other transactions all year round
    • 6% rebate on the first Caltex fuel purchase plus a 3% fuel rebate all year round
  • Annual fee: ₱2,500 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱16,667

HSBC offers a high cashback rate of 5% on dining transactions with its Gold Visa Cash Back card. It also lets you earn rebates when you gas up at Caltex. And with its installment plan, you can buy gadgets, furniture, and appliances while earning bonus points.

🍽️ BPI Amore Platinum Cashback Card

BPI Amore Platinum Cashback Card
  • Rebates:
    • 4% cashback on dining and online delivery
    • 1% cashback on supermarkets and department stores
    • Up to 0.3% cashback on other international and local retail purchases 
  • Annual fee: ₱5,000 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱83,333

Love discovering new restaurants? Use a BPI Amore Platinum Cashback Card to earn as much as 4% cashback on restaurants and online food deliveries—whether you're dining locally or internationally!  

This premium cashback card also comes with Ayala Mall perks. These include complimentary parking tickets (as a welcome gift), access to family and customer lounges, and a 5% discount on movie tickets.

Best Credit Cards in the Philippines for Installment Payments

💻 AUB Gold Mastercard

AUB Gold Mastercard
  • Installment terms: 0% interest on new purchases 
  • Interest rate: 3%
  • Other notable perks: 
    • Rewards points are transferable to Mabuhay Miles Frequent Flyer Program
    • Supplementary cards with no annual fees forever 
  • Annual fee: No annual fees forever
  • Minimum monthly income requirement: ₱50,000

The AUB Gold Mastercard entitles you to 0% interest on new purchases. Also, another of the most appealing features of the AUB Gold Mastercard is that its membership fee is waived for life. You also get to choose your payment due date, giving you more control over your monthly budget. 

Learn more about the AUB Gold Mastercard in this review.

💻 RCBC Gold Mastercard  

RCBC Gold Mastercard
  • Installment terms: Unli-installment where you can convert your straight purchases to installments for up to 36 months
  • Other notable perks: 
    • Non-expiring rewards points
    • Free travel insurance
    • Access to Marhaba or Skyview Airport lounge
  • Interest rate: 3%
  • Annual fee: ₱3,000 (waived for the first year)
  • Minimum monthly income requirement: ₱50,000 

The Gold Mastercard allows you to convert your straight purchases to installments for up to 36 months. You can exchange the non-expiring points you earn from your purchases for cash rebates, air miles, shopping vouchers, and cash credit.

💻 RCBC Visa Infinite Card

RCBC Visa Infinite
  • Installment terms: Unli-installment where you can convert your straight purchases to installments for up to 36 months
  • Other notable perks: 
    • 100,000 rewards points for first-time RCBC credit cardholders
    • 5x rewards points for online and international in-store purchases
    • 3x rewards points for local online purchases
    • Access to world-class airport lounges
    • Up to nine free supplementary cards
  • Interest rate: 3%
  • Annual fee:  ₱6,000 (waived for the first year) 
  • Minimum monthly income requirement: ₱300,000

The RCBC Visa Infinite Card offers a rewarding spending experience. It’s perfect for cardholders who always pay in installments since this card has an unli-installment feature. 

Get peace of mind whenever you shop online with this card’s e-Commerce Purchase Protection. With this feature, your online purchases with your RCBC Visa Infinite card are covered in case of damage, loss, and non-delivery.[1]

Read more: Thrilling Rewards for You: 16 Best RCBC Credit Card Promos for 2024

💻 Robinsons Bank DOS Mastercard

Robinsons DOS Mastercard

  • Installment terms: Two-month installment for purchases 
  • Interest rate: 3%
  • Other notable perks: 
    • 1 point for every ₱50 spend
    • Waive your annual fees if you use use your card at least 12 times a year.
  • Annual fee: ₱3,000 
  • Minimum monthly income requirement: ₱15,000 for single cardholders / ₱20,000 for married cardholders

Automatically convert your Robinsons Dos Mastercard purchase into two monthly installments without calling or emailing customer care. The great thing about this credit card feature is that you don’t need to meet a minimum spend, and the installment plan has no additional interest. 

You can also waive your annual fees if you use your credit card at least 12 times a year.

Read more: Promo Alert: Don’t Miss These 10 Robinsons Bank Credit Card Promos

Best Credit Cards in the Philippines for Online Shopping

🛒 UnionBank Lazada Credit Card

Unionbank Lazada
  • Rewards rates:
    • ₱6 Lazada Credits per ₱200 spend at Lazada
    • ₱1 Lazada Credit per ₱200 spend elsewhere
  • Welcome gift: ₱5,000 Lazada Wallet Credits[2]
  • Other notable perks: 
    • Free monthly shipping of up to ₱50 for a minimum purchase of ₱2,500
    • Free discount vouchers worth ₱500 for a minimum purchase of ₱5,000 at Lazada during its Mega Sales (birthday sale, mid-year sale, 9.9, 11.11. 12.12)
  • Annual fee: ₱3,000 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱30,000

The first e-commerce credit card in the Philippines, the UnionBank Lazada Credit Card provides a secure payment option for online purchases.

If you get approved for the UnionBank Lazada Mastercard, you'll receive a physical card for face-to-face, point-of-sale transactions and a virtual card (which you can access through the UnionBank Online app) with a different card number for online transactions.

This credit card for online shopping offers generous, exclusive shopping benefits to loyal Lazada customers. Read more about it in our Unionbank Lazada Credit Card review.

🛒 BPI eCredit Card

BPI eCredit Card
  • Rewards rate: 1 point per ₱35 spend
  • Annual fee: Free for life
  • Interest rate: 3%

If you love to shop online, the BPI e-Credit Card is a must-have. It's a free companion card to your BPI credit card designed for online use and added security.

🛒 China Bank Prime Mastercard 

China Bank Prime Mastercard
  • Rewards rates:
    • 1 rewards point for every ₱25 spend 
    • 1 rewards point for every ₱200 spend at service merchants
  • Other notable perks: 
    • China Bank credit card exclusive deals 
    • Companion virtual card 
    • Cimplimentary SMAC membership 
  • Annual fee: ₱1,500 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱20,833

With its reasonable annual fees and income requirement, the China Bank Prime Mastercard is another great option for online shopping credit cards. 

It has a companion virtual card that you can use solely for online shopping. You can assign a sub-limit for a secure and more controlled shopping experience. Once you reach the required minimum accumulated spend, you're also entitled to a complimentary China Bank-SMAC membership. 

Read more: Don’t Miss These 12 Exclusive China Bank Credit Card Promos This 2024

Best Credit Cards in the Philippines for Fuel Purchases and Auto Services

🚘 Petron BPI Card

Petron BPI Card
  • Rebates: 3% fuel rebate at participating Petron stations nationwide
  • Other notable perks: Free ₱200 fuel voucher for first-time cardholders
  • Annual fee: ₱1,550 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱15,000

The Petron BPI Card is the practical motorist's choice. Earn a 3% rebate on fuel, get a free ₱200 fuel voucher if you're a first-time cardholder, and convert your credit limit to cash in case of emergencies. You can also use this co-branded BPI credit card to avail of 0% interest installment plans.

🚘 Metrobank Toyota Mastercard® 

Metrobank Toyota Mastercard
  • Rewards: 
    • 3% fuel rebate at participating Petron stations
  • Other notable perks: 
    • 1 rewards point for every ₱20 spend 
    • 2x rewards points at your preferred Toyota dealer
    • 10% discount at Toyota on accessories, parts, and labor
    • 24/7 roadside assistance
  • Annual fee: ₱2,500
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱15,000

If you own a Toyota, then you should have a credit card that will complement your Toyota vehicle. Get the Metrobank Toyota Mastercard®, which you can use to earn 2x rewards points and enjoy a 10% discount on labor, parts, and accessories at Toyota dealerships. You also get 24/7 roadside assistance with this credit card and your Petron Value Card. 

🚘 RCBC Flex Gold Visa

RCBC Flex Gold Visa
  • Rewards: 2x points in 3 preferred categories, including gas, grocery, travel, household appliances, and department store
  • Other notable perks: Travel insurance coverage of up to ₱50,000, free Purchase Protection, and access to the Marhaba/Skyview Airport Lounge at NAIA Terminal 3 
  • Annual fee: ₱3,000 (waived for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱50,000

Do you drive to work every day? Make the most of the money you spend on fuel with the RCBC Flex Gold Visa. Choose gas as one of your preferred categories to earn 2x rewards points per spend. 

You can also choose among grocery, travel, household appliances, or department stores as your other preferred categories for the double points.

Final Thoughts

This list of the best credit cards in the Philippines is only meant to guide you through making that all-important decision. Your final choice will boil down to the credit card features and benefits that are most important to you.

As much as possible, research your options and their features before choosing a credit card. Why do you have to compare credit cards? It's much like shopping online when you compare prices and features to find the best deal, according to Munmun Nath, former Moneymax Co-General Manager.

 

"You should compare and see where you can get the best deal. This idea applies to financial products even more because, unlike clothes or gadgets, the number of times we might be applying for a financial product, like a credit card, can be much less. It's important to do all our research to ensure that we are applying for something that's right for us," Munmun said.

Still can't make up your mind about the best credit card in the Philippines? Confused about which credit card to get? Use the Moneymax credit card comparison tool for free to receive recommendations based on your financial capacity.

Compare credit cards with Moneymax

Sources:


Venus has almost 20 years of combined experience in content marketing, SEO, corporate communications, and public relations. Most of her career was spent creating informative articles on personal finance and digital marketing. She also invests in stocks, mutual funds, VUL, and Pag-IBIG MP2. Venus graduated cum laude with a Journalism degree from the University of the Philippines Diliman. A hardcore Hallyu Tita, she loves bingeing Korean shows on Netflix while bonding with her cats. Follow Venus on LinkedIn.

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