HSBC Gold Visa Cash Back Credit Card: fees, interest and requirements
The HSBC Gold Visa Cash Back Credit Card has an annual fee of ₱2,500 a year, waived in the first year and charges 3% a month on unpaid balances.
Verdict: Worth it if the cash back on your own spending comes to more than ₱2,500 a year. The first year is free. Skip it if you want to apply now: applications are closed or if you spend a lot abroad (3.5% foreign fee).
From HSBC Credit Card Fees and Charges. Interest cap, in force since 2023: BSP Circular No. 1165, s.2023.
₱20,000 repaid in 3 equal monthly payments, plus a year of fees: ₱3,712. Not ranked, because HSBC is not taking new applications for it.
HSBC says it is not taking new applications for this card right now.
HSBC's closest card is the HSBC Live+ Credit Card. Against it, this card costs ₱2,500 a year instead of ₱5,000, earns rewards on different terms and has different perks.
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.
What the HSBC Gold Visa Cash Back Credit Card gives you
- Earn 5% cash back on dining transactions and 0.20% cash back on all of your other transactions. HSBC card page
- A maximum cap of PHP1,200 cash back can be earned per account, per calendar month. same page
- Enjoy 3% rebate on Caltex fuel purchases same page
Who should get the HSBC Gold Visa Cash Back Credit Card
| If | Then |
|---|---|
| You want to apply now | Skip it for now: HSBC says it is not taking new applications for this card. |
| You pay in full every month and want a cash back card | The Security Bank Wave Mastercard (Security Bank) needs ₱480,000 a year in income and costs ₱2,500 a year less. Pick the HSBC Gold Visa Cash Back Credit Card only if its rewards are worth more than that to you. |
HSBC Gold Visa Cash Back Credit Card downsides, and what a late payment costs
- Closed to new applicants.
- The ₱2,500 fee is charged every year after the waiver ends.
- Foreign currency purchases cost 3.5% extra.
If you pay late: HSBC charges up to ₱1,500, and 3% a month interest runs on what is unpaid. Safe action: pay at least the minimum due by the due date, or the full balance to pay no interest.
HSBC Gold Visa Cash Back Credit Card annual fee, interest and charges
| Charge | HSBC Gold Visa Cash Back Credit Card | When, and the rule |
|---|---|---|
| Annual fee | ₱2,500 a year Supplementary: ₱1,250 a year | First year waived. HSBC fee page |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same page |
| Cash advance | ₱200 a withdrawal plus 3% a month interest | The BSP maximum (Circ. 1165). same page |
| Late payment | ₱1,500 | same page |
| Foreign transactions | 3.5% | same page |
Figures from HSBC Credit Card Fees and Charges. BSP ceilings: BSP Circular No. 1165, s.2023. How HSBC words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: HSBC billing rules.
Requirements and how to apply
HSBC's hotline and branch channels for existing clients are on the HSBC contact page.
Interest on your own balance
- Interest you pay at 3% a month:
- ₱1,212
- Monthly payment:
- ₱7,071
- Total you pay:
- ₱21,212
Against similar cards from other banks
| Card | Annual fee | Interest a month | ₱20,000 over 3 months, plus fees | Minimum income |
|---|---|---|---|---|
| HSBC Gold Visa Cash Back Credit Card HSBC | ₱2,500 a year first year free | 3% | - | - |
| Toyota Mastercard Metrobank | ₱2,500 a year first year free | 3% | ₱3,712 | ₱180,000 a year |
| UnionBank Gold Mastercard UnionBank | ₱2,500 a year | 3% | ₱3,712 | ₱360,000 a year |
| PNB Cashback Titanium Mastercard PNB | ₱2,500 a year first year free | 3% | ₱3,712 | ₱120,000 a year |