Knowing that you are getting some of your cashback when you spend on something on your credit card is already enticing, isn’t it? The best cashback credit cards in the Philippines are right here, and everything you need to know about how they work is also listed down below.

To give you a brief idea, cashback credit cards give you rebates as rewards every time you use the card for your purchases. Unlike other regular cards, cashback credit cards allow you to have a convenient rewards system, and you would immediately know how much would you be earning back.

Let’s take a look at the top cashback credit cards that you can apply for, and the detailed guide below can help you find which card would fit your lifestyle!

Top Cashback Credit Card Philippines

Citi Cash Back Card

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If you’re looking for a card that would help you have rewards on your daily purchases like your groceries, Citi Cash Back Card is the answer! This card offers you up to Php 12,000 for your groceries.

In addition to that, you can also earn some rebates on your Meralco electricity bills. You can get a maximum rebate of Php 1,000, so this is a really great option for first-time cashback card users.

Cashback Rates:

  • Groceries: Up to 6%
  • Meralco bill payments: Up to 2%
  • All other purchases: 0.20%

Fees:

  • Maximum monthly rebate: PHP 1,000
  • Annual fee: PHP 3,500
  • Interest rate: 2%
  • Minimum monthly income requirement:
    • For first-time cardholders: PHP 20,833.33
    • For existing cardholders: PHP 15,000

Apply for this card here

BPI Amore Visa

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Do you love shopping at Ayala Malls? If your answer is yes, then you should definitely apply for the BPI Amore Visa today! Aside from giving you rebates when you purchase items from Ayala Malls, this Visa card also requires you to have only Php 15,000 of monthly income, which is very ideal for entry-level professionals.

You would get the most rebate percentage on grocery items, so this card is ideal for family breadwinners. The rebate rates are counted per Php 1,000 spent on partnered merchants, so be mindful of your purchases!

Cashback rate:

  • Supermarkets: 4%
  • Drug stores and utilities: 1%
  • Other local retail spend: 1%

Fees:

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

Apply for this card here

HSBC Gold Visa Cashback

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Are you a foodie who loves trying out new restaurants? HSBC Gold Visa Cashback Credit Card will help you enjoy every meal that you take in your next favorite resto. This cashback credit card allows you to have 5% of cashback on your dining expenses!

It’s not just that, you are also entitled to get 0.5% of rebates from other purchases. This credit card also has a low minimum salary requirement, so getting approved when you apply won’t be so much of a hassle. 

Cashback rate:

  • Dining: 5%
  • Fuel: Up to 6%
  • Department store: 1%
  • Overseas: 1%
  • Others: 0.5%

Fees:

  • Maximum monthly rebate: PHP 1,200
  • Annual fee: PHP 2,500
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 16,667

Apply for this card here

Security Bank Complete Cashback Credit Card

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If you’re a person who loves traveling and driving, did you know that you can get some rebates when fueling up your car? Yes, all that is possible with the Security Bank Complete Cashback Card!

This card also features a five-tiered cashback system namely groceries, utility bills, dining, gas, and shopping. All of the transactions are valid for the rebates system as long as they are within the Philippines. 

The best part about this card is that the rebate rates would definitely be applied on your card, no matter how much you spend. All the cashback percentages are credited back on your card balance right after each transaction.

Cashback rate:

  • Groceries: 5%
  • Fuel: 4%
  • Utilities: 3%
  • Dining: 2%
  • Shopping: 1%

Fees:

  • Maximum monthly rebate: PHP 1,000
  • Annual fee: PHP 3,000 (free for the first year)
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 30,000

Apply for this card here

UnionBank Lazada Credit Card

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The UnionBank Lazada Credit Card is the first-ever e-commerce credit card in the Philippines! For some of you who are addicted to online shopping, this card can grant you a lot of cashback credits for all your purchases.

To give you an idea, this card can grant you 6x Lazada Credits on every 200 pesos that you spend on your shopping. Don’t worry, you can still use your Lazada card on any other physical transactions and still earn Php 1 credit for every 200 pesos that you pay for your purchase.

You also get to have Free Lazada Vouchers all year round – on all the big occasions that Lazada celebrates. To top it all up, you are also entitled to access to exclusive discounts to selected LazMall sellers. 

Cashback Rates:

  • PHP 6 Lazada Credits per PHP 200 spend at Lazada
  • PHP 1 Lazada Credit per PHP 200 spend elsewhere

Other Perks:

  • Welcome gift: PHP 5,000 Lazada Wallet Credits
  • Free monthly shipping of up to PHP 50 for a minimum purchase of PHP 2,500
  • Free discount vouchers worth PHP 500 for a minimum purchase of PHP 5,000 at Lazada during its Mega Sales (birthday sale, mid-year sale, 9.9, 11.11. 12.12)

Fees:

  • Annual Fee: Php 3,000 (free for the first year)
  • Interest Rate: 2%

Apply for this card here

EastWest Everyday Titanium Mastercard

philippines best cashback credit card 2021

Get something back when you spend on your daily needs like groceries, gas, and medicine when you use the EastWest Everyday Titanium Mastercard. When you use this card, the rebates for essential goods will increase together with the increase on your non-essential goods.

This card is highly recommended for people who love shopping on various non essential items, because you can maximize the card with non-essential purchases. You can get up to 3% of rebates if you shop for non-essential goods ranging from Php 5,000 to Php 10,000. 

In addition to that, you can also get up to 5% of rebates when shopping for non-essential goods costing Php10,000 and above.

Cashback rates:

  • 0.3% for essential goods
  • 3% for non essential goods costing Php 5,000 to Php 10,000
  • 5% for non-essential goods costing Php10,000 and up

Fees:

  • Annual Fee: Php 2,800
  • Interest Rate: 2%
  • Late Payment Charge: Php 1,500
  • Over Credit Limit Fee: Php 700

Apply for this card here

Chinabank Cash Reward Mastercard

philippines top cashback credit card

With the Chinabank Cash Reward Mastercard, you can earn up to 6% of cash rebates on your purchases. You just have to take note that using this card requires you to always check the minimum spend requirement in order to qualify for the rebate program.

You would see the minimum spend requirement on Chinabank’s website. You can earn up tp 6% of rebates on non-essential purchases, and 1% on gas, groceries, and other daily expenditures.

The best thing about this card is it offers you with 0% interest installment plans all year round, so you don’t have to worry much about paying after having a shopping spree.

Cashback Rates:

  • 6% on non-essential purchases
  • 1% on essential purchases

Fees:

  • Monthly Membership Fee: Php 299
  • Interest Rate: 2%
  • Late Payment Charge: Php 750
  • Overlimit Fee: Php 500

Apply for this card here.

What are the types of cashback credit cards?

  • Cards with Variable Cashback Rates: These cards come in tiers, and that means that different spending categories offer different cashback rates. Before choosing a cashback credit card with variable rates, always consider the category on which you spend on the most.
  • Cards with a Fixed Cashback Rate: Cards with fixed cashback rates are easier to use because they are easier to understand and remember. It comes with a fixed rate on all spending categories.

How to redeem cashback or cash rebate?

Cashback credit cards usually credit all the accumulated rewards for the month back to your account every single month. But not all cash back credit cards work like this; some cards allow you to have the flexibility to turn your rewards into cash. So, the choice is all yours!

Getting the Best Cashback Credit Card Philippines

If this is your first time hearing about cashback credit cards, it is highly advisable to know your spending limits and activities. Knowing which categories are you most likely to spend on would allow you to categorize which cashback credit card would suit your best.

Cashback credit cards are one of the best ways to save some money unlike paying with full-on cash. These cards can also help you be financially responsible by managing your finances well. Cashback credit cards, when used wisely, can give you all the convenience that you need for your finances, and it can even help you build a good credit history!

Read More:

Best Credit Card for First-Timers Philippines

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