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Family unpacking groceries and making dinner: image used for HSBC Philippines Cash Rebate page

PHP2,500 Cash Rebate

Keep your family safe by going cashless with your purchases

Get PHP2,500 cash rebate with your first HSBC Credit Card. Apply now

Promo Period: May 15, 2020 to December 31, 2020

Per DTI Fair Trade Permit No.06102 Series of 2020.

Promo mechanics

Terms & Conditions: HSBC Credit Card’s Cash Rebate Digital Acquisition Promo

  1. HSBC Credit Card’s Cash Rebate Digital Acquisition Promotion (the "Promo") shall run from May 15, 2020 to December 31, 2020 (the "Promo Period"). Promo Spend Period shall be from May 15, 2020 to February 28, 2021 (“Promo Spend Period“).
  2. The Promo is open to individual applicants applying for a new primary HSBC Red Mastercard/Gold Visa/Platinum Visa Credit Card (“HSBC Credit Card”) within the Promo Period and who have no existing nor cancelled HSBC credit card (the “Qualified Cardholder”).
  3. Under this Promo, the Cardholder shall be entitled to a one-time cash rebate of PHP2,500 provided that:
    1. The credit card application was completed via www.hsbc.com.ph or any other online channel during the Promo Period.
    2. The Cardholder has reached the minimum accumulated spend requirement of PHP5,000 using his/her newly approved and activated HSBC Credit Card (“Promo Spend”) from May 15, 2020 to February 28, 2021 (the “Promo Spend Period”).
  4. Transactions that are qualified for the rebate (“Qualified Spend”) are local and foreign currency denominated credit card purchases/transactions made on the new HSBC Credit Card. Bills payment via internet banking is not included.
  5. HSBC will extract from its system and identify Cardholders with qualified transactions and who have reached the Promo Spend requirement following the table below on extraction cut-off dates and the coverage of posted transactions.
  6. Once the Cardholder meets the Promo Spend requirement for qualified transactions, then the Cardholder will be credited the PHP2,500 rebate during the corresponding crediting dates mentioned in the table above. If the Cardholder spends more than PHP5,000 in his/her transactions during the Promo Spend Period, the cash rebate will be capped to PHP2,500. If the Cardholder spends less than PHP5,000 in his/her transactions during the Promo Spend Period, the Cardholder will not be eligible for any cash rebate.
  7. Crediting will only be done once per Cardholder for this promotion. The Cardholder will also be notified of the credited rebate via SMS to his/her mobile number as registered in HSBC’s records.
  8. In the event that the HSBC Credit Card becomes delinquent, suspended, cancelled or terminated during the rebates crediting date, the rebates will not be credited to the account.
  9. The Welcome Gift is not convertible to cash or discount.
    The Cardholder agrees that the amount of the cash rebate worth PHP2,500.00 shall be charged to his/her HSBC Credit Card account (“Cancellation Fee”) for any of the following instances:
    1.  if the HSBC Credit Card under this Promo is cancelled within 15 months from its approval date; and
    2. if the transaction is found to be invalid.
  10. The Cancellation Fee must be duly paid by the Cardholder before the HSBC Credit Card may be cancelled by HSBC.
  11. The promo cannot be availed of in conjunction with other ongoing HSBC Credit Card acquisition promos. All HSBC Credit Card applications shall be subject to HSBC’s final credit card approval and Credit Card Terms and Conditions.
  12. All questions or disputes regarding the Cardholder's eligibility for the Promo, coverage of date and fulfillment shall be resolved by HSBC.
Cut-off dates and Coverage of posted transactions
Extraction Date Spend Period Rebates Crediting Dates
June 10, 2020 May 15, 2020 to June 5, 2020 June 15, 2020
July 8, 2020 May 15, 2020 to July 3, 2020 July 10, 2020
August 6, 2020 May 15, 2020 to August 3, 2020 August 10, 2020
September 9, 2020
May 15, 2020 to September 4, 2020 September 11, 2020
October 7, 2020 May 15, 2020 to October 2, 2020 October 9, 2020
November 5, 2020 May 15, 2020 to November 2, 2020 November 9, 2020
December 10, 2020 May 15, 2020 to December 4, 2020
December 14, 2020
January 7, 2021 May 15, 2020 to January 4, 2021 January 11, 2021
March 3, 2021 May 15, 2020 to February 28, 2021 March 5, 2021
Cut-off dates and Coverage of posted transactions
Extraction Date June 10, 2020
Spend Period May 15, 2020 to June 5, 2020
Rebates Crediting Dates
June 15, 2020
Extraction Date July 8, 2020
Spend Period May 15, 2020 to July 3, 2020
Rebates Crediting Dates
July 10, 2020
Extraction Date August 6, 2020
Spend Period May 15, 2020 to August 3, 2020
Rebates Crediting Dates
August 10, 2020
Extraction Date September 9, 2020
Spend Period May 15, 2020 to September 4, 2020
Rebates Crediting Dates
September 11, 2020
Extraction Date October 7, 2020
Spend Period May 15, 2020 to October 2, 2020
Rebates Crediting Dates
October 9, 2020
Extraction Date November 5, 2020
Spend Period May 15, 2020 to November 2, 2020
Rebates Crediting Dates
November 9, 2020
Extraction Date December 10, 2020
Spend Period May 15, 2020 to December 4, 2020
Rebates Crediting Dates
December 14, 2020
Extraction Date January 7, 2021
Spend Period May 15, 2020 to January 4, 2021
Rebates Crediting Dates
January 11, 2021
Extraction Date March 3, 2021
Spend Period May 15, 2020 to February 28, 2021
Rebates Crediting Dates
March 5, 2021

*Posting is done within 3-5 banking days.

DTI Fair Trade Permit No. FTEB 06102 Series of 2020.

More information

Effective interest rate per month: 3.5%
Local transaction fees: No fees
International transaction fees: 2.5% of the converted sum plus 1% assessment fee of the converted sum charged by Visa/MasterCard to HSBC

HSBC Centre
3058 Fifth Avenue West,
Bonifacio Global City, Taguig City, 1634

(+632) 8858-0000