Red Mastercard | Credit Card Rewards & Points

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HSBC Red Platinum Mastercard

Enjoy more reward points on all your online shopping spend

Earn 1 bonus point for every PHP20 spent with your HSBC Red Platinum Mastercard.

You must have the following:

An existing locally-issued primary credit card owned for at least 6 months
A minimum annual income of PHP400,000 for Red Mastercard

Welcome offer

Unlock a PHP3,000 GCash eGift with an HSBC Red Platinum Mastercard

Unfold the path to great hauls and PHP3,000 GCash egift by spending PHP25,000 anywhere using your newly approved HSBC Red Platinum Mastercard within 60 days of card approval date.

T&Cs apply.

Apply now

Benefits

Accelerated Rewards

click to open Accelerated Rewards page

Find out how you can earn 4x bonus points on online, dining, shopping and overseas transactions.

Accelerated Rewards T&Cs (PDF) Click to download Accelerated Rewards terms and conditions PDF This link will open in a new window

HSBC Reward Program General T&Cs (PDF) Click to download General Reward Program terms and conditions PDF This link will open in a new window

Redeem appliances, gift certificates and more

Redeem your accumulated points for exciting appliances, Lazada & Zalora gift certificates, air miles and lots more.

HSBC Red Platinum Mastercard Catalogue (PDF) Click to download Red Mastercard Rewards catalog PDF This link will open in a new window

Card Instalment Plan

click to open Card Instalment page

Enjoy instalment deals with 0% interest and up to 36 months with your HSBC Credit Card.

Enjoy these other card features:

Exclusive travel deals

At over 27,000 establishments in 160 countries/regions & territories worldwide with HSBC's home&Away Privilege Programme.
Enjoy fuel savings

6% rebate on your first Caltex fuel purchase plus 3% rebate all year round.

Find out more.
Enjoy an annual fee waiver on the 1st year
Online Banking and Mobile Banking access

Conveniently monitor your finances and pay your bills wherever, whenever. Find out more.

Autocharge

HSBC Autocharge is a facility that automatically charges bills to your HSBC Credit Card so you never forget to pay your bills. Find out more.
Cash Advance

You can use your credit card just like an ATM Card to withdraw money here or abroad. Find out more.
eStatement

Get your HSBC Credit Card statements delivered to your email. Find out more.

HSBC Credit Card features and services

Card Balance Conversion Plan

click to open HSBC Card Balance Conversion Plan page

Convert your recent expenses on your HSBC Credit Card to affordable instalments, payable up to 24 months.

Cash Instalment Plan

click to open Cash Instalment plan page

Get cash from your credit card and pay it off on instalment at low interest rates.

Card Balance Transfer

Click to open Card Balance Transfer page

Transfer balances from your non-HSBC Credit Card to your HSBC Credit Card and get big savings!

Things you should know

*Accelerated Rewards Terms & Conditions (PDF) click to download accelerated rewards terms and conditions Download link

HSBC Red Mastercard Credit Card Rewards Catalogue (PDF) click to download red mastercard rewards catalogue Download link

HSBC Reward Program General Terms & Conditions (PDF) click to download accelerated rewards terms and conditions Download link

HSBC Credit Card Fees & Charges (PDF) click to download credit card fees and charges Download link

Credit Card Products Terms & Conditions (PDF) click to download credit card products terms and conditions Download link

*A maximum accumulated monthly spend of PHP40,000 across all qualified merchant categories shall earn accelerated points. HSBC’s Accelerated Terms and Conditions apply (see PDF above).

Finance charges:

Retail Monthly Nominal Interest Rate: 3% per month
Retail Monthly Effective Interest Rate: 2.89% per month
Cash Advance Monthly Nominal Interest Rate: 3% per month
Cash Advance Monthly Effective Interest Rate: 3.04% per month

Annual fees:

Your annual fee is waived for the first year from your card's issue date. From year 2 onwards, the annual fee will be:

Primary Card: PHP2,500
Supplementary Card: PHP1,250

How to apply for a HSBC Red Platinum Mastercard

You must have:

An existing locally-issued primary credit card owned for at least 6 months
A minimum annual income of PHP200,000

Proof of Identity with Complete name (at least one of the following)

i. Passport, Driver's License, SSS/TIN ID plus NBI Clearance or Voter's ID

Note: Proof of Identity should be valid (not expired), photo-bearing and contain date of birth.

Proof of Residence (Note: Must be under the name of the applicant)

i. Valid ID containing the address of the applicant
ii. Utility bills (electricity, landline phone, mobile phone or cable TV issued within the last 3 months and must match the permanent and primary address)

Apply to get GCash eGCs get GCash eGCs for HSBC Redmaster card

Apply in branch

Find your nearest branch and apply in person.

Find a branch near you

Frequently asked questions

You need to provide any proof of identity with your application. We accept any one of the following: SSS, TIN, GSIS, passport, driving licence, UMID, COMELEC/Voter's ID, PRC ID, PhilSys ID.

Around 5-10 business days upon submission of a completed application forms and all required documents.

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.

Yes, you can redeem air miles from Asia Miles, KrisFlyer or Mabuhay Miles using your bonus points. The Air Miles will be credited within 10 banking days for successful redemptions.

Use your HSBC Red Platinum Mastercard credit card to earn 4x bonus points on shopping, online, and overseas transactions*. Plus, earn 1 bonus point for every PHP20 spent for other transactions.

Exchange your bonus points into credit card rewards** such as gift certificates, air miles and more. Visit our Rewards page to redeem.

*Accelerated Rewards Terms and conditions (PDF) apply. A maximum accumulated monthly spend of Php40,000 across all qualified merchant categories shall earn accelerated points.

**HSBC Rewards Programme General Terms and conditions (PDF) apply.

See all FAQs Click to open HSBC FAQ page

Offers and rewards

HSBC Mastercard® offers

click to open MasterCard offers page

Exclusive privileges with your HSBC Mastercard Credit Card.

Red Hot Deals with HSBC Credit Cards

click to open Red Hot Deals Page

Exciting offers on shopping, dining, beauty and travel only with your HSBC Credit Card.

Latest offers

Explore all the latest HSBC Credit Card offers available.

Related products

HSBC Premier Mastercard Credit Card

click through to Premier Mastercard page

Discover a world of privileges and rewards.

HSBC Platinum Visa Rebate Credit Card

Enjoy rebate on shopping, travel, insurance and all other spend.

HSBC Gold Visa Cash Back Credit Card

click to open Gold Visa Cash Back credit card page

Receive cash back from every transaction and get more savings on every purchase.

For inquiries or complaints, please call HSBC's Customer Service at (02) 8858-0000 or (02)7976-8000 from Metro Manila, +1-800-1-888-8555 PLDT domestic toll-free, (International Access Code) + 800-100-85-800 international toll-free for selected countries/regions, or talk to us through Chat by clicking on the icon at the bottom right of our homepage. If you want to find out more about HSBC's customer feedback procedures, please visit hsbc.com.ph/feedback.

The Hongkong and Shanghai Banking Corporation Limited is an entity regulated by the Bangko Sentral ng Pilipinas (Bangko Sentral) https://www.bsp.gov.ph. You may get in touch with the Bangko Sentral Consumer Protection and Market Conduct Office through their Email: consumeraffairs@bsp.gov.ph; Webchat: http://www.bsp.gov.ph; Facebook: https://www.facebook.com/BangkoSentralngPilipinas or SMS: 021582277 (for Globe subscribers only).

_{Note: Do not provide your account or credit card numbers or disclose any other confidential information or banking instructions through chat.}

HSBC Red Platinum Mastercard

HSBC Red Platinum Mastercard - Earn 4x bonus points on your online, dining, shopping and overseas spend

Enjoy more reward points on all your online shopping spend

Welcome offer

Unlock a PHP3,000 GCash eGift with an HSBC Red Platinum Mastercard

Benefits

Accelerated Rewards

Redeem appliances, gift certificates and more

Card Instalment Plan

Enjoy these other card features:

HSBC Credit Card features and services

Card Balance Conversion Plan

Cash Instalment Plan

Card Balance Transfer

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What is a rewards credit card?

HSBC Credit Cards Rewards Redemption

Things you should know

Related Documents

Fees and Charges

How to apply for a HSBC Red Platinum Mastercard

Make sure you read the requirement before applying

Apply in branch

Frequently asked questions

What documentation do I need to provide when applying for an HSBC Credit Card?

How long will it take to process an HSBC Credit Card application?

How/when will I get my welcome gift?

How many points do I get for online, dining, shopping and overseas spend?

Can I get air miles with my card, and when will they be credited?

How do I get a credit card rebate?