HSBC credit cards
HSBC offers 5 consumer credit cards, with annual fees from ₱2,500 to ₱12,500, interest of 3% a month.
For card concerns, call HSBC at (02) 8858-0000 or (02) 7976-8000 or +1-800-1-888-8555 (For credit card customers. The 1-800 number is toll-free from PLDT landlines outside Metro Manila).
The cheapest HSBC card to hold and carry a ₱20,000 balance on for 3 months is the HSBC Red Platinum Mastercard at ₱3,712, 48th of 127 cards open to the public; the lowest income asked is ₱400,000 a year, on the HSBC Red Platinum Mastercard.
Fees and rates as printed on HSBC's fee table; contact and application details from HSBC's own site; the interest ceiling is set by the Bangko Sentral ng Pilipinas in BSP Circular No. 1165, s.2023.
BSP supervised: The Hongkong & Shanghai Banking Corporation, universal and commercial bank, BSP institution ID 12, is on the BSP Verifier list dated Sep 28, 2026.
HSBC credit card hotline and customer service
| Card hotline | (02) 8858-0000 or (02) 7976-8000 or +1-800-1-888-8555 For credit card customers. The 1-800 number is toll-free from PLDT landlines outside Metro Manila.HSBC contact page |
|---|---|
| Lost or stolen card | (02) 8858-0000 or (02) 7976-8000 or +1-800-1-888-8555 Report it on the card hotline. HSBC Premier cardholders call (02) 8858-0800, (02) 7976-8080 or +1-800-1-888-4722.HSBC contact page |
| Calling from abroad | + (International Access Code) 800-100-85-800 Toll-free from selected countries: dial your country's access code first. HSBC Premier: 800-100-85-808.HSBC contact page |
| Other channel | Chat on hsbc.com.ph or in Online Banking, daily 9 AM to 6 PM including weekends, except public holidays bank page |
| Other channel | Complaints: hsbc.complaints.resolution@hsbc.com.ph bank page |
Call only the numbers printed on HSBC's own site.
How to apply for a HSBC credit card
HSBC credit card requirements
Who can apply
- 21 to 65 years old
- Minimum annual income of PHP400,000
- A Philippine-issued principal credit card held for at least 6 months
Requirements as the bank lists them
Other applicants
- One valid, unexpired government ID with your full name: SSS, TIN (with another primary ID), passport, driver's license (plastic card only), UMID or GSIS, PRC, or PhilSys ID (paper, digital or card)
- Proof of address in your name: an ID showing your address, or a utility bill (electricity, landline, mobile or cable TV) from the last 3 months
Income: each card has its own floor, from ₱400,000 a year on the HSBC Red Platinum Mastercard. The table below shows every card's.
Which HSBC card to pick
| If | Pick | Why | Watch out |
|---|---|---|---|
| You want the lowest cost | HSBC Red Platinum Mastercard | Cheapest HSBC card on a ₱20,000 balance paid off in 3 months plus a year of fees: ₱3,712. | The ₱2,500 fee is charged every year after the waiver ends. |
| You are applying for your first card | HSBC Red Platinum Mastercard | Lowest stated income requirement at HSBC: ₱400,000 a year. | The ₱2,500 fee is charged every year after the waiver ends. |
| You want a travel and miles card | HSBC Premier Mastercard | Lowest yearly fee among HSBC's travel and miles cards: ₱6,000 a year. | Without the required deposit balance, the fee is ₱6,000 a year. |
| You want a cash back card | HSBC Live+ Credit Card | Lowest yearly fee among HSBC's cash back cards: ₱5,000 a year. | The ₱5,000 fee is charged every year after the waiver ends. |
Every HSBC card open to the public carries a yearly fee; these cards from other banks do not.
Every HSBC card compared
| Card | Annual fee | Interest a month | Minimum income | Cash advance fee | Fee waiver | Source |
|---|---|---|---|---|---|---|
| HSBC Gold Visa Cash Back Credit Card Closed to new applicants | ₱2,500 a year | 3% | - | ₱200 | Closed to new applicants | HSBC Credit Card Fees and Charges |
| HSBC Red Platinum Mastercard | ₱2,500 a year | 3% | ₱400,000 a year | ₱200 | Waived in the first year only | HSBC Credit Card Fees and Charges |
| HSBC Live+ Credit Card | ₱5,000 a year | 3% | ₱400,000 a year | ₱200 | Waived in the first year only | HSBC Credit Card Fees and Charges |
| HSBC Premier Mastercard | ₱6,000 a year | 3% | - | ₱200 | Free only with a deposit balance | HSBC Credit Card Fees and Charges |
| HSBC Premier Travel Card | ₱12,500 a year | 3% | - | ₱200 | Free only with a deposit balance | HSBC Credit Card Fees and Charges |
Source: HSBC fees and charges and each card's product page. Networks: Visa, Mastercard. 1 card is closed to new applicants.
How HSBC bills: minimum due, fees and interest
| Minimum amount due | 1% of what you owe (not counting the annual fee and charges), plus one-twelfth of the annual fee, plus over-limit, finance and late charges, or ₱1,500, whichever is higher; then 100% of any monthly instalment and any past-due or over-limit amount on top. source |
|---|---|
| Late payment fee | PHP1,500 or unpaid Minimum Payment, whichever is lower. HSBC Credit Card Fees and Charges |
| Foreign transactions | 2.5% of the converted sum plus reimbursement of the 1% assessment fee charged by Visa/Mastercard. 4 cards. HSBC Credit Card Fees and Charges |
| Foreign transactions | Mastercard converts foreign currency transactions to Philippine Pesos and charges 0.99% FX cross border service fee. HSBC Premier Travel Card. source |
| Annual fee waiver | HSBC Red Platinum Mastercard: Waived in the first year; from year two, ₱2,500 for the principal card and ₱1,250 for supplementary cards. bank page |
| Annual fee waiver | HSBC Live+ Credit Card: Waived in the first year. bank page |
| How interest is computed | Interest uses the average daily balance of what was unpaid at statement cut-off, not counting new purchases in the current cycle. source |
| BSP ceilings | 36% a year (3% a month) on interest, a 1% a month add-on on instalments, and ₱200 on the cash advance processing fee with no other fee allowed, under BSP Circular No. 1165, s.2023. BSP Circular No. 1165, s.2023 |
To see what a balance costs at HSBC's rate, use the credit card interest calculator.
Paying your HSBC card, and promos
- HSBC EasyPay machines; HSBC depositors can also pay by ATM, Online, Mobile or Phone Banking, or auto-debit
- Other banks, once enrolled: UnionBank ATMs and online; BDO, Security Bank and BPI ATMs, online, phone and mobile banking
- Over the counter at SM Department Store, SM Hypermarket, Savemore and selected SM Supermarkets, BDO and Security Bank
- GCash and PayMaya
Promos change every few weeks. See the current ones on HSBC's credit card promos page.
HSBC credit card questions
What is the HSBC credit card hotline?
(02) 8858-0000 or (02) 7976-8000 or +1-800-1-888-8555 (For credit card customers. The 1-800 number is toll-free from PLDT landlines outside Metro Manila). To report a lost or stolen card: (02) 8858-0000 or (02) 7976-8000 or +1-800-1-888-8555. From abroad: + (International Access Code) 800-100-85-800. These are the numbers on HSBC's own website.
How do I apply for a HSBC credit card?
Apply online or at an HSBC branch.
What are the requirements for a HSBC credit card?
21 to 65 years old; Minimum annual income of PHP400,000; A Philippine-issued principal credit card held for at least 6 months. The lowest income HSBC states for a card it offers to the public is ₱400,000 a year, on the HSBC Red Platinum Mastercard.
How much is the HSBC credit card annual fee, and can it be waived?
Annual fees run from ₱2,500 to ₱12,500. 3 cards waive the fee in the first year only. HSBC Red Platinum Mastercard: Waived in the first year; from year two, ₱2,500 for the principal card and ₱1,250 for supplementary cards. HSBC Live+ Credit Card: Waived in the first year.
What is the HSBC credit card interest rate?
3% a month on balances left unpaid after the due date; the BSP cap is 3% a month (36% a year). The minimum amount due is 1% of what you owe (not counting the annual fee and charges), plus one-twelfth of the annual fee, plus over-limit, finance and late charges, or ₱1,500, whichever is higher; then 100% of any monthly instalment and any past-due or over-limit amount on top.
How do I pay my HSBC credit card bill?
HSBC EasyPay machines; HSBC depositors can also pay by ATM, Online, Mobile or Phone Banking, or auto-debit; Other banks, once enrolled: UnionBank ATMs and online; BDO, Security Bank and BPI ATMs, online, phone and mobile banking; Over the counter at SM Department Store, SM Hypermarket, Savemore and selected SM Supermarkets, BDO and Security Bank; GCash and PayMaya.
What is the best HSBC credit card?
On cost, the HSBC Red Platinum Mastercard (₱3,712 on a ₱20,000 balance over 3 months plus a year of fees, 48th of 127 cards open to the public).
Cards and your taxes
Card fees and interest do not lower the tax on a salary: Section 34 of the Tax Code allows no deductions against compensation income. A self-employed cardholder who takes the 40% optional standard deduction gets it in place of itemized expenses, so card charges do not reduce tax there either.