hsbc red mastercard

HSBC Red Mastercard

Minimum Annual Income


(P16,667 Monthly)

Interest Rate


Annual Fee


Special Promotions

Get ₱2,500 cash back!

Enjoy a ₱2,500 cash rebate on your first HSBC Red Mastercard credit card plus free annual fees forever! Apply now.

Get a ₱2,500 cash rebate with your new HSBC Red Mastercard. Hurry! Promo runs until July 31, 2021 only. 

The cash rebate is open to individual applicants applying for a new primary HSBC Red Mastercard within the promo period and who have no existing nor cancelled HSBC credit cards. For more information, click here.

Product Summary

hsbc red mastercard

HSBC Red Mastercard

Get more when you spend more using your HSBC Red Mastercard. Be rewarded up to 4x faster when you shop in any of HSBC’s 27,000 partner establishments. Perfect for shopping and dining wherever you are in the world.

  • 4x bonus points on online, shopping, dining, and overseas transactions
  • 6% rebate on your first Caltex fuel purchase plus 3% rebate year-round
  • Transfer balances from your non-HSBC credit card for bigger savings
  • Ideal for: online shopping and dining worldwide
Existing Credit CardRequired
Landline numberRequired
Age21 to 65 years old
Minimum Annual IncomeP200,000
Annual FeeFree
Monthly Effective Interest Rate2%
Cash Advance Monthly Effective Interest Rate2%
Minimum Amount Due4%
Cash Advance Fee P200 / 0%
Cash Advance Monthly Effective Interest Rate3.75%

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HSBC Red Mastercard is one of HSBC’s credit card offerings in the Philippines. It is one of their top credit cards with a low income requirement and accelerated rewards points.

The turnaround time for HSBC credit card applications is 5 to 10 business days. This is upon submission of completed application forms and required documents. You may expect a call, text, or email from HSBC.

Yes. One of HSBC’s eligibility requirements is to have an existing and locally-issued primary credit card owned for at least 12 months.

Earning points with the HSBC Red Mastercard is easy! Just frequently use your card for online, dining, shopping, and overseas purchases and get 4x bonus points for every PHP 20 spent. However, note that cash advance transactions are excluded from this benefit.

To redeem your HSBC Red rewards points, simply log on to and review the rewards catalog. Pick the items you wish to redeem, take note of the specific steps, and redeem your rewards items via SMS.

Yes, they do. Bonus points earned are valid for up to three (3) years only so make sure to use your points wisely!

Your credit card limit depends on your income as well as your credit history. HSBC decides this amount but you may request for an increase by calling the HSBC Customer Support Centre at (02) 8858-0000.


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