Are you a twenty or thirty-something who's starting a journey to financial independence? You're on the right track if you're looking to own a credit card for managing your finances and meeting your #adulting goals.
The right credit card can be your trusty friend, as long as you use it wisely. You can count on it to help you make the most out of your purchases and payments with its rewards, air miles, fuel rebates, and other perks. Swiping a card is also more secure and convenient than carrying cash.
For the long term, it can help you build a good credit history, too. Being a responsible credit card user will make it easier for you to get approved for loans when you buy your first home or a new car.
For millennials, HSBC credit cards are worth looking into. They have 0% card installment plan and are accepted in more than 27,000 establishments nationwide. Additionally, the HSBC accelerated rewards program[1] makes racking up points fast and easy for your shopping, dining, traveling, online, and international transactions.
Here are the three best HSBC credit cards for different lifestyles, needs, and preferences of young Filipino professionals.
Best HSBC Credit Cards for Millennials
For Shopaholics and Frequent Travelers: HSBC Red Mastercard
If you travel, shop, or dine a lot, the ideal card is one that maximizes rewards and savings on those kinds of expenses. The HSBC Red Mastercard allows you to score four times the reward points that can be used to redeem air miles from HSBC's airline partners, gift certificates, and other items.

HSBC Red Mastercard features:
- Annual fee: PHP 1,500
- Interest: 2%
- Annual income requirement: PHP 200,000 (approximately at least PHP 16,666 per month)
Notable benefits:
- 4x bonus points: Four bonus points for every PHP 20 spent on online shopping and overseas transactions. This perk also applies to transactions in local restaurants, bars, department stores, and clothing/accessories stores.
- Caltex rebates: 6% rebate on your first Caltex fuel purchase and 3% rebate for every Caltex purchase all year round.
- Sign-up rewards: New Red Mastercard users may be entitled to a credit card promo, like a free flight to a Philippine destination.
Read more: Catch These HSBC Credit Card Promos in the Philippines This 2022
For Serious Foodies: HSBC Gold Visa Cash Back
A cash back credit card is a great option for millennials who want to save more money on their purchases. It's like getting an instant discount each time you use your card.
Love going on solo food trips or treating your loved ones to dinner? You'll find the Gold Visa Cash Back suitable for your food adventures. With one of the highest cash back rates in the Philippines, this HSBC credit card allows you to earn as much as PHP 1,200 rebate monthly on your local and international transactions with no required minimum spend.

HSBC Gold Visa Cash Back features:
- Annual fee: PHP 2,500
- Interest: 2%
- Annual income requirement: PHP 200,000 (approximately at least PHP 16,666 per month)
Notable benefits:
- Cash Back Program: Up to 5% cash back on dining transactions and 0.50% on all other transactions all year round
- Caltex rebates: 6% rebate on your first Caltex fuel purchase and 3% rebate for every Caltex purchase all year round.
For Travel Junkies: HSBC Platinum Visa
Millennials travel the longest among all generations at an average of 35 days a year, according to a research on travel habits[2]. Do you feel like you're one of them? Then having a travel credit card like the HSBC Platinum Visa is a smart decision. Out of other HSBC credit cards, this card has an array of cool perks and deals suitable for young adults who love to explore places and enjoy new experiences.

HSBC Platinum Visa features:
- Annual fee: PHP 5,000
- Interest: 2%
- Annual income requirement: PHP 500,000 (approximately at least PHP 41,666 per month)
Notable benefits:
- 5% rebate on travel and shopping (including online) transactions
- 1% rebate on insurance
- 0.50% rebate on all other spend
- Free travel insurance: Covers injuries, accidental death, and travel inconveniences during a local or overseas trip[3]
Final Thoughts
The best HSBC credit cards for millennials in the Philippines are those that maximize rewards and savings on travel, shopping, and dining. Find the right one for you. Compare HSBC credit cards at Moneymax!

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