What is the Best Credit Card for Shopping? 12 Options for Shopaholics

Venus Zoleta

Venus Zoleta

Last updated November 01, 2022

There’s a reason why credit cards are synonymous with shopping. After all, they’re the most convenient way of paying for any kind of purchase. Aside from security features, shoppers also get to avail of flexible installment plans and exclusive promos that can help them save with every swipe. So, it’s only natural to be on the lookout for the best credit card for shopping.

The question now is, what credit card options are available to money-savvy Filipinos like you? To help you sift through the seemingly limitless choices, here’s an extensive list of credit cards suited for all kinds of shopping. Hopefully, seeing all your options in one place will help you choose from among the credit cards to apply for before you submit your application.

How to Choose the Best Credit Card for Shopping: 4 Must-Have Features

how to choose the best credit card for shopping

Just like with any other product out there, you can’t just pick a credit card willy-nilly. Consider these important factors when searching for your next shopping must-have.

☑️ Robust Rewards Program

Shopping with a credit card means potentially racking up reward points with every purchase, so make sure to get a credit card with a generous rewards program. The lower the required minimum spend is per one rewards point, the bigger your rewards will be in the long run.

Aside from the ability to earn points faster, you should also look for a credit card with a wide range of rewards in its catalog. You can redeem freebies like shopping vouchers, gift certificates, air miles, cash rebates, and other useful rewards.

☑️ High-Percentage Cash Rebates

Aside from reward points, the best credit card for shopping should also earn you high-percentage rebates on your purchases. Imagine getting some of your cash back when you’re shopping for essentials like groceries, appliances, and even fuel. The higher the rebate percentage for the category you spend on the most, the better.

☑️ Exclusive Promos with Partner Stores

Completing the trifecta of shopping essentials is a credit card’s arsenal of exclusive promos and deals. After all, availing of a credit card promo is one of the most important steps in learning how to use a credit card in a shopping mall, for instance. So, get yourself a promo-loaded card!

☑️ Flexible Installment Plans

Planning to buy high-ticket items like gadgets and furniture? Get yourself a credit card with a flexible installment plan that has 0% interest. Almost all credit cards offer installments payable up to 24 months or more. So, as much as possible, get one that can convert your purchases to installments hassle-free.

12 Best Credit Cards for Shopping in the Philippines

💳 HSBC Red Mastercard

best credit card for shopping - HSBC Red Mastercard

Want to earn reward points four times faster? Then the HSBC Red Mastercard could be the perfect credit card for you. Aside from earning you one rewards point for every ₱20 spend, this credit card will also earn you quadruple the points for every dining, shopping, online, and overseas transaction. If you’re a reward seeker, an HSBC credit card is your best bet.

Before you apply for this shopping credit card, check out this HSBC Red Mastercard review.

📌 HSBC Red Mastercard Shopping Perks

  • 1 rewards point for every ₱20 spend
  • 4x points on shopping, online, dining, and overseas transactions
  • 6% fuel rebate on your first purchase 
  • 3% rebate all year round at Caltex
  • Installments of up to 36 months with 0% interest at participating merchants

📌 HSBC Red Mastercard Key Features

  • Annual fee: Free when you apply today until December 31, 2022[1]
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱16,666.67

moneymax hsbc promo

💳 HSBC Platinum Visa Rebate

best credit card for shopping - HSBC Platinum Visa Rebate

Do you prefer earning rebates with your HSBC credit card? The HSBC Platinum Visa Rebate has got you covered. This credit card earns you 5% cash back on all shopping and travel transactions and 0.50% on all other purchases. 

Just take note that this credit card is not for low-income earners. But if you can afford it, the HSBC Platinum Visa Rebate won’t let you down.

📌 HSBC Platinum Visa Shopping Perks

  • 5% cash back on shopping and travel transactions
  • 3% fuel rebate all year round at Caltex stations
  • 0.50% cash back on all other purchases
  • Welcome gift: ₱2,500 GCash or Instax Mini 11 if you apply via Moneymax

📌 HSBC Platinum Visa Key Features

  • Annual fee: Free when you apply today until December 31, 2022
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱41,666.67

💳 Citi Rewards Card

best credit card for shopping - Citi Rewards Card

When “rewards” is included in the name of a credit card, you know you’re in for a treat. Another option for reward seekers is the Citi Rewards Card, which offers thrice the rewards points for every ₱30 shopping and dining spend. 

If that’s not enough, just look at this extensive list of Citibank promos for 2022. There’s certainly a deal for every type of shopper.

If you decide that the Citi Rewards Card is the best shopping credit card for you, apply on the Moneymax website today, and spend at least ₱10,000 (single or accumulated) on the card within 60 days of approval to get an exciting welcome gift! 

moneymax citibank credit card promo

To learn more about this credit card, check out our Citi Rewards Card review.

📌 Citi Rewards Shopping Perks

  • 1 rewards point for every ₱30 spend
  • 3x points for shopping and dining transactions
  • Welcome gift: ₱5,000 GCash or Apple AirPods 2 via Moneymax

📌 Citi Rewards Key Features

  • Annual fee: ₱2,500 (Free when you apply today until November 30, 2022[2])
  • Interest rate: 2%
  • Minimum monthly income requirement:
    • ₱15,000 (for existing credit cardholders)
    • ₱20,833.33 (for new cardholders)

Note: This product is sold by Union Bank of the Philippines, using certain trademarks temporarily under license from Citigroup Inc. and related group entities.

💳 Citi Cash Back Card

best credit card for shopping - Citi Cash Back Card

Citibank also has a credit card for budget-savvy shoppers: the Citi Cash Back Card. It earns you 6% cash back on grocery shopping spend, 2% cash back on Meralco bill payments via the Citi Mobile app, and 0.20% cash back on all other purchases. 

So, if you mostly shop for essentials, keep the Citi Cash Back Card in mind when choosing your next credit card. 

📌 Citi Cash Back Shopping Perks

  • 6% cash back on grocery shopping
  • 2% cash back on Meralco bill payments via Citi Mobile
  • Welcome gift: ₱5,000 GCash or Apple AirPods 2 via Moneymax
  • ₱5,000 eGift when you apply today until November 30, 2022

📌 Citi Cash Back Key Features

  • Annual fee: ₱4,500 (Free in the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement:
    • ₱15,000 (for existing credit cardholders)
    • ₱20,833.33 (for new cardholders)

Note: This product is sold by Union Bank of the Philippines, using certain trademarks temporarily under license from Citigroup Inc. and related group entities.

💳RCBC Bankard Flex Gold Visa

best credit card for shopping - RCBC Flex Gold Visa

What if you can choose the spend category you want to earn reward points from? That’s the beauty of owning an RCBC Flex Gold Visa. 

With this credit card, you can earn twice the points from three of your preferred categories. Just choose the ones you spend on the most—from grocery, fuel, and travel to department store or household appliancesand you’re good to go!

📌 RCBC Flex Gold Visa Shopping Perks

  • 2x rewards points from three preferred categories: grocery, fuel, travel, department store, or household appliances
  • Installments of up to 36 months with 0% interest for straight and overseas purchases

📌 RCBC Flex Gold Visa Key Features

  • Annual fee: ₱3,000 (free for the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱50,000

💳 RCBC Bankard Visa Infinite

best credit card for shopping - RCBC Visa Infinite

RCBC boasts a wide range of shopping credit cards that fit any budget. If you’re a high-income shopper, the RCBC Visa Infinite could be your next premium credit card. 

Some of this card’s premium perks include a 5% cash back at any clothing and apparel shop worldwide, 1 rewards point for every ₱36 shopping spend, and easy access to RCBC credit card promos.

📌 RCBC Bankard Visa Infinite Shopping Perks

  • 5% rebate at any clothing and apparel shop
  • 1 rewards point for every ₱36 shopping spend
  • Installment plans with 0% interest for straight and overseas purchases

📌 RCBC Bankard Visa Infinite Key Features

  • Annual fee: ₱3,600 (free for the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱300,000

💳 UnionBank PlayEveryday

best credit card for shopping - UnionBank PlayEveryday

The UnionBank PlayEveryday might be your ticket to earning reward points in a flash, as every ₱10 spend already earns you 1 rewards point. Plus, you get full access to all active UnionBank credit card promos, which could save you more on your next shopping spree. 

Learn more about this credit card by checking out our UnionBank PlayEveryday review.

📌 UnionBank PlayEveryday Shopping Perks

  • 1 rewards point for every ₱10 spend
  • Easily redeem rewards via UnionBank Online app

📌 UnionBank PlayEveryday Key Features

  • Annual fee: ₱1,500
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱30,000

💳 UnionBank Classic Visa Card

best credit card for shopping - UnionBank Classic Visa

If you’re looking for more installment options, consider getting the UnionBank Classic Visa Card. Avail of installment plans with 0% interest for your high-ticket purchases and pay for up to 36 months. 

Plus, every ₱35 spend earns you one reward point. What’s more, if you apply now until November 14, 2022, you get to waive your annual fees for life.[3]

📌 UnionBank Classic Visa Shopping Perks

  • 1 rewards point for every ₱35 spend
  • 0% interest installment plans for up to 36 months

📌 UnionBank Classic Visa Key Features

  • Annual fee: Free when you apply today until November 14, 2022
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱30,000

💳 BPI Amore Cashback Card

best credit card for shopping - BPI Amore Cashback

Love using shopping credit cards at Ayala Malls? Then add the BPI Amore Cashback Card to your wallet. This credit card earns you 4% cash back on every supermarket and department store spend. 

Aside from giving you access to all BPI credit card promos for 2022, the BPI Amore Cashback Card also lets you enjoy special privileges at Ayala Malls nationwide.

📌 BPI Amore Visa Cashback Shopping Perks

  • 4% cash back on supermarket and department store spend
  • 1% cash back on drug store spend
  • Installment plans of up to 36 months with 0% interest
  • Low forex conversion rate at 1.85%
  • Discounts and freebies at participating Ayala Malls merchants

📌 BPI Amore Cashback Key Features

  • Annual fee: ₱2,050
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱15,000

💳 BPI Platinum Rewards Mastercard

best credit card for shopping - BPI Platinum Rewards Mastercard

Looking for another premium credit card for all your shopping needs? Then feast your eyes on the BPI Platinum Rewards Mastercard. 

Earn 1 rewards point for every ₱30 local spend and ₱20 overseas spend, and easily redeem your points for air miles, dining gift certificates, and cash rebates. Plus, get 24/7 credit card assistance wherever you are in the world.

📌 BPI Platinum Rewards Shopping Perks

  • 1 rewards point for every ₱30 local spend
  • 1 rewards point for every ₱20 overseas spend
  • Installment plans of up to 36 months with 0% interest

📌 BPI Platinum Rewards Key Features

  • Annual fee: ₱4,000
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱83,333

💳 Security Bank Complete Cashback Platinum Mastercard

best credit card for shopping - Security Bank Complete Cashback Platinum Mastercard Blog Visual CTA

If you believe that the best shopping credit card should give you the most rebates, consider getting the Security Bank Complete Cashback Platinum Mastercard. 

This credit card earns you 5% cash back on groceries, 4% on fuel, and 2% on shopping transactions. Save up to ₱12,000 every year when you make this your primary shopping credit card

📌 Security Bank Complete Cashback Platinum Shopping Perks

  • 5% cash back on groceries
  • 4% cash back on fuel
  • 2% cash back on shopping

📌 Security Bank Complete Cashback Platinum Key Features

  • Annual fee: ₱3,000 (free for the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement: ₱65,000

💳 Security Bank Next Mastercard

best credit card for shopping - Security Bank Next Mastercard

The Security Bank Next Mastercard automatically converts purchases worth ₱5,000 and up into flexible installments for up to 12 months, making it ideal for high-ticket items. 

While it’s not as flashy as other credit cards on this list, the Security Bank Next Mastercard still gives you access to every active Security Bank credit card promo out there.

📌 Security Bank Next Mastercard Shopping Perks

  • Auto-converts purchases into installments up to 12 months
  • No annual fees for life

📌 Security Bank Bank Next Mastercard Key Features

  • Annual fee: Free for life
  • Interest rate: 2%
  • Minimum monthly income requirement: 
    • ₱45,000 (for existing cardholders)
    • ₱50,000 (for new cardholders)

Best Credit Cards for Shopping FAQs

1. What is the best credit card for shopping in the Philippines?

The answer depends on how you’re going to use your shopping credit card. Here’s a quick recommendation according to purpose:

  • HSBC Red Mastercard – Best for earning points quickly
  • Citi Cash Back Card – Best for grocery shopping
  • RCBC Visa Infinite – Best for fashion and apparel shopping
  • Security Bank Next Mastercard – Best for installments

2. Is a PIN required for credit card shopping?

No, you don’t need to input a PIN when shopping using a credit card. The cashier will only ask for your valid ID and your signature to authenticate the transaction.

3. How do I use a credit card for shopping?

An important thing to note when learning how to use a credit card for shopping is that you don’t need to hand out anything else at the counter other than your credit card and a valid ID. It’s that simple. If the price of the item you’re buying is within your credit limit, you won’t have any problem shopping using your credit card.

Final Thoughts

Getting the best credit card for shopping is one thing; using and managing your card responsibly is another. Shop smartly, resist the urge to splurge, and always pay your credit card bill in full and on time. Doing so will help you really maximize the benefits of owning a credit card for any purpose.

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 your options 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.

Sources:

Venus leads the blog content strategy and optimization at Moneymax as the Head of Editorial Content. She has 15+ years of experience in content marketing, corporate communications, and public relations. Venus graduated cum laude with a Journalism degree from the University of the Philippines Diliman. Before joining Moneymax, Venus had written informative guides and articles, specializing in personal finance and digital marketing. She also invests in stocks, mutual funds, VUL, and Pag-IBIG MP2. A hardcore Hallyu Tita, she enjoys bingeing K-dramas on Netflix while bonding with her rescued cats. Follow Venus on LinkedIn.