Best Cashback Credit Cards In The Philippines

There is no greater joy than a refund money from your expenses. That's why we have selected the top cashback credit cards this 2018 to let you earn a percentage of the money you spend. Look at these cards to see what's fit for you.

AUB Classic Mastercard

AUB Classic Mastercard

  • Annual Fee Waived for Life
  • No Interest on New Purchases
  • Interest Rate (monthly)3.50%
  • Annual Fee0 PHP
Apply Now
AUB Easy Mastercard

AUB Easy Mastercard

  • Annual Fee Waived for Life
  • No Interest on New Purchases
  • Interest Rate (monthly)3.50%
  • Annual Fee0 PHP
Apply Now
AUB Gold Mastercard

AUB Gold Mastercard

  • No Interest on New Purchases
  • Annual Fee Waived for Life
  • Interest Rate (monthly)3.50%
  • Annual Fee0 PHP
Apply Now
AUB Platinum Mastercard

AUB Platinum Mastercard

  • No Interest on New Purchases
  • Annual Fee Waived for Life
  • Interest Rate (monthly)3.50%
  • Annual Fee0 PHP
Apply Now
Bank of Commerce Cash Installment Card

Bank of Commerce Cash Installment Card

  • With an option to pay at a low monthly effective interest rate
  • Cash Loan Re-availment
  • Interest Rate (monthly)3.50%
  • Annual Fee1,200 PHP
Bank of Commerce Mastercard Classic

Bank of Commerce Mastercard Classic

  • Earn 5x rewards point when you use your card for dining and shopping at selected establishments
  • Every PHP25.00 spend is equivalent to 1 point
  • Interest Rate (monthly)3.25%
  • Annual Fee1,200 PHP
Bank of Commerce Mastercard Gold

Bank of Commerce Mastercard Gold

  • Every PHP25.00 spend is equivalent to 1 point
  • With Annual Membership Fee Waiver
  • Interest Rate (monthly)3.25%
  • Annual Fee2,500 PHP
Bank of Commerce Mastercard Platinum

Bank of Commerce Mastercard Platinum

  • Every PHP25.00 spend is equivalent to 1 point
  • Waived Annual Fee
  • Interest Rate (monthly)2.95%
  • Annual Fee0 PHP
EastWest Bank Visa/Mastercard Classic

EastWest Bank Visa/Mastercard Classic

  • FREE Comprehensive Travel Accident & Inconvenience Insurance up to PHP20M
  • Cash advance up to 50% of your credit limit
  • Interest Rate (monthly)3.50%
  • Annual Fee1,500 PHP
Apply now
EastWest Bank Visa/Mastercard Gold

EastWest Bank Visa/Mastercard Gold

  • FREE Comprehensive Travel Accident & Inconvenience Insurance up to PHP20M
  • Cash advance up to 50% of your credit limit
  • Interest Rate (monthly)3.50%
  • Annual Fee2,500 PHP
Apply now
EastWest Dolce Vita Titanium Mastercard

EastWest Dolce Vita Titanium Mastercard

  • Cash advance up to 50% of your credit limit
  • Avail of low interest balance transfer
  • Interest Rate (monthly)3.50%
  • Annual Fee2,000 PHP
Apply now
EastWest EveryDay Titanium Mastercard

EastWest EveryDay Titanium Mastercard

  • Get 5% rebate on your gas, drugstore & supermarket purchases
  • Cash advance up to 70% of your credit limit
  • Interest Rate (monthly)3.50%
  • Annual Fee2,800 PHP
Apply now
EastWest Platinum Mastercard

EastWest Platinum Mastercard

  • FREE Virtual Card
  • FREE Lifetime Membership
  • Interest Rate (monthly)2.75%
  • Annual Fee0 PHP
Apply now
EastWest Practical Mastercard

EastWest Practical Mastercard

  • Cash advance up to 50% of your credit limit
  • Avail of low interest balance transfer
  • Interest Rate (monthly)3.25%
  • Annual Fee1,400 PHP
Apply now
EastWest Singapore Airlines KrisFlyer Platinum Mastercard

EastWest Singapore Airlines KrisFlyer Platinum Mastercard

  • High Cash Advance Limit
  • FREE Annual Fee for Life for your first Supplementary
  • Interest Rate (monthly)3.50%
  • Annual Fee4,000 PHP
Apply now
EastWest Visa Platinum Credit Card

EastWest Visa Platinum Credit Card

  • 24/7 Concierge
  • Global customer assistance
  • Interest Rate (monthly)3.50%
  • Annual Fee2,750 PHP
Apply now
HSBC Gold Visa Cash Back Credit Card

HSBC Gold Visa Cash Back Credit Card

  • FREE Annual Fee for Life Promo
  • 5% Cashback on dining transactions
  • Interest Rate (monthly)3.50%
  • Annual Fee0 PHP
Apply Now
HSBC Platinum Visa

HSBC Platinum Visa

  • FREE Annual Fee for Life Promo
  • 1 Airmile = PHP25.00 spend
  • Interest Rate (monthly)3.50%
  • Annual Fee0 PHP
Apply Now
HSBC Red Mastercard

HSBC Red Mastercard

  • FREE Annual Fee for Life Promo
  • Get 4x Bonus Points on shopping purchases
  • Interest Rate (monthly)3.50%
  • Annual Fee0 PHP
Apply Now
Maybank Manchester United Credit Card

Maybank Manchester United Credit Card

  • Get FREE P1,000 Planet Sports Gift Certificate when you apply and get approved
  • Get up to 20% discount on various Maybank Partners
  • Interest Rate (monthly)3.25%
  • Annual Fee2,000 PHP
Maybank Mastercard Gold

Maybank Mastercard Gold

  • FREE annual fee for the first year
  • Pay in local currency when you use your card abroad
  • Interest Rate (monthly)3.25%
  • Annual Fee2,000 PHP
Maybank Mastercard Platinum

Maybank Mastercard Platinum

  • FREE Annual fee for the first year
  • Pay in local currency when you use your card abroad
  • Interest Rate (monthly)3.00%
  • Annual Fee3,000 PHP
Maybank Mastercard Standard

Maybank Mastercard Standard

  • Pay in local currency when you use your card abroad
  • EMV-compliant chip cards help prevent fraudulent transactions
  • Interest Rate (monthly)3.50%
  • Annual Fee1,000 PHP
Maybank Visa Classic

Maybank Visa Classic

  • Pay in local currency when you use your card abroad
  • FREE annual fee for the first year
  • Interest Rate (monthly)3.50%
  • Annual Fee1,000 PHP
Maybank Visa Gold

Maybank Visa Gold

  • Pay in local currency when you use your card abroad
  • Get Instant cash all over the world of upto 30% of your credit limit
  • Interest Rate (monthly)3.25%
  • Annual Fee2,000 PHP
Maybank Visa Platinum

Maybank Visa Platinum

  • Get Instant cash all over the world of upto 30% of your credit limit
  • Pay in local currency when you use your card abroad
  • Interest Rate (monthly)3.00%
  • Annual Fee3,000 PHP
Metrobank Femme Signature

Metrobank Femme Signature

  • Earn rewards points for every PHP20.00 = 1 point
  • With embedded CHIP CARD that protects you from credit card fraud due to cloning
  • Interest Rate (monthly)3.50%
  • Annual Fee5,000 PHP
Metrobank Femme Visa

Metrobank Femme Visa

  • With embedded CHIP CARD that protects you from credit card fraud due to cloning
  • Enjoy exclusive privileges when you use your Metrobank Femme Visa at various establishments. 
  • Interest Rate (monthly)3.50%
  • Annual Fee2,000 PHP
Metrobank M Free Mastercard

Metrobank M Free Mastercard

  • FREE ANNUAL FEE
  • Get fast cash against your credit limit thru cash to go
  • Interest Rate (monthly)3.50%
  • Annual Fee0 PHP
Metrobank M Lite Mastercard

Metrobank M Lite Mastercard

  • Lowest interest rate of up to 2.78%
  • With embedded CHIP CARD that protects you from credit card fraud due to cloning
  • Interest Rate (monthly)2.49%
  • Annual Fee1,500 PHP
Metrobank ON Internet Mastercard

Metrobank ON Internet Mastercard

  • Earn rewards points for every PHP20.00 = 1 point
  • With a secure online shopping one time password
  • Interest Rate (monthly)3.50%
  • Annual Fee500 PHP
Metrobank Peso Platinum Mastercard

Metrobank Peso Platinum Mastercard

  • With embedded CHIP CARD that protects you from credit card fraud due to cloning
  • FREE 1st supplementary card
  • Interest Rate (monthly)3.50%
  • Annual Fee5,000 PHP
Metrobank Toyota Mastercard

Metrobank Toyota Mastercard

  • Enjoy 10% discount on all Toyota dealers (applies to genuine accessories, parts and labor)
  • Earn rewards points for every PHP20.00 = 1 point, 2x points at your preferred Toyota dealers
  • Interest Rate (monthly)3.50%
  • Annual Fee2,500 PHP
Metrobank Travel Platinum Visa

Metrobank Travel Platinum Visa

  • Triple rewards on local airlines, hotel accomodation and international spending
  • Unlimited airport lounge access
  • Interest Rate (monthly)3.50%
  • Annual Fee5,000 PHP
PNB Alumni Association of Asian Institute of Management

PNB Alumni Association of Asian Institute of Management

  • Enjoy free travel insurance of up to PHP3M
  • Earn a point for spending PHP50.00
  • Interest Rate (monthly)2.50%
  • Annual Fee0 PHP
PNB Alumni Association of Xavier School Mastercard

PNB Alumni Association of Xavier School Mastercard

  • Enjoy free travel insurance of up to PHP3M
  • Earn a point for spending PHP50.00
  • Interest Rate (monthly)3.25%
  • Annual Fee0 PHP
PNB De la Salle Zobel Alumni Association Mastercard

PNB De la Salle Zobel Alumni Association Mastercard

  • Pay your children's tuition on installment at low interest rates
  • Enjoy free travel insurance of up to PHP3M
  • Interest Rate (monthly)3.25%
  • Annual Fee2,500 PHP
PNB Diamond UnionPay

PNB Diamond UnionPay

  • 0% interest on installment and choose your preferred payments
  • Redeem your points for cash credits anytime. PHP50.00 is equal to 1 point and 4 points are equal to PHP1.00.
  • Interest Rate (monthly)3.25%
  • Annual Fee3,000 PHP
PNB Essentials Mastercard

PNB Essentials Mastercard

  • Redeem your points for cash credits anytime. PHP50.00 is equal to 1 point and 4 points are equal to PHP1.00.
  • Enjoy free travel insurance of up to PHP1M
  • Interest Rate (monthly)3.25%
  • Annual Fee1,200 PHP
PNB Immaculate Conception Academy Alumnae Association Mastercard

PNB Immaculate Conception Academy Alumnae Association Mastercard

  • Enjoy free travel insurance of up to PHP3M
  • 0% interest on installment and choose your preferred payments
  • Interest Rate (monthly)3.25%
  • Annual Fee0 PHP
PNB Jewelmer Joaillerie Mastercard

PNB Jewelmer Joaillerie Mastercard

  • 20% discount on your birthday month at Jewelmer Joaillerie and loyalty gifts for accumulated transactions
  • Earn 1 point for spending PHP40.00 at Jewelmer Joaillerie
  • Interest Rate (monthly)3.25%
  • Annual Fee2,500 PHP
PNB Platinum Mastercard

PNB Platinum Mastercard

  • Enjoy free travel insurance of up to PHP3M
  • Redeem your points for Cash Credits anytime. PHP50.00 is equal to 1 point and 4 points are equal to PHP1.00.
  • Interest Rate (monthly)3.25%
  • Annual Fee2,500 PHP
PNB Visa Classic

PNB Visa Classic

  • Enjoy free travel insurance of up to PHP1M
  • 0% interest on installment and choose your preferred payments
  • Interest Rate (monthly)3.25%
  • Annual Fee300 PHP
PNB Visa Gold

PNB Visa Gold

  • Enjoy free travel insurance of up to PHP1M
  • 0% interest on installment and choose your preferred payments
  • Interest Rate (monthly)3.25%
  • Annual Fee600 PHP
RCBC Bankard Black Card Platinum Mastercard

RCBC Bankard Black Card Platinum Mastercard

  • FREE annual membership fee up to 5 supplementary cards
  • Travel Insurance up to PHP1M
  • Interest Rate (monthly)3.50%
  • Annual Fee3,600 PHP
RCBC Bankard Classic Card

RCBC Bankard Classic Card

  • FREE accident, inconvenience & medical insurance of more than PHP500,000.00 for local travel and PHP1M for international travel
  • Pay in peso when you charge in various currencies abroad
  • Interest Rate (monthly)3.50%
  • Annual Fee1,500 PHP
RCBC Bankard Diamond Card Platinum Mastercard

RCBC Bankard Diamond Card Platinum Mastercard

  • Earn rewards point for every spend of PHP50.00 = 1 point
  • FREE annual fee for the first year
  • Interest Rate (monthly)3.50%
  • Annual Fee2,500 PHP
RCBC Bankard Fully Booked Mastercard

RCBC Bankard Fully Booked Mastercard

  • 10% rebate at Fully Booked, Bibliarchand sketch books when you charge a minimum of PHP20,000.00, 0.50% rebate on out store spending.
  • 0% installment plan of up to 12 months
  • Interest Rate (monthly)3.50%
  • Annual Fee1,500 PHP
RCBC Bankard Gold Card

RCBC Bankard Gold Card

  • FREE Travel Accident Insurance PHP500,000.00 local, PHP1,000,000.00 international
  • FREE annual fee for the first year
  • Interest Rate (monthly)3.50%
  • Annual Fee3,000 PHP
RCBC Bankard Landmark Anson's Mastercard

RCBC Bankard Landmark Anson's Mastercard

  • Earn rewards points for every spending of PHP50.00 = 1 point
  • Enjoy 5% rebate on Landmark department stores
  • Interest Rate (monthly)3.50%
  • Annual Fee960 PHP
RCBC Bankard LJC Mastercard

RCBC Bankard LJC Mastercard

  • Earn reward points for every spend of PHP100.00 = 1 point
  • Get a free bottle of wine as a welcome gift
  • Interest Rate (monthly)3.50%
  • Annual Fee960 PHP
RCBC Bankard Mango Mastercard

RCBC Bankard Mango Mastercard

  • Earn rewards points for every spending of PHP125.00 = 1 point
  • 0% installment plan of up to 12 months
  • Interest Rate (monthly)3.50%
  • Annual Fee1,200 PHP
RCBC Bankard Sta. Lucia Mall Mastercard

RCBC Bankard Sta. Lucia Mall Mastercard

  • Earn rewards points for every spending of PHP100.00 = 1 point
  • 0% installment plan of up to 12 months
  • Interest Rate (monthly)3.50%
  • Annual Fee1,200 PHP
RCBC Bankard Visa Infinite Card

RCBC Bankard Visa Infinite Card

  • Earn rewards points for every spend of PHP36.00 = 1 point
  • Waived Annual Fee for the first 9 supplementary
  • Interest Rate (monthly)3.50%
  • Annual Fee3,600 PHP
RCBC Bankard Wilcon Mastercard

RCBC Bankard Wilcon Mastercard

  • Earn rewards points for every spending of PHP200.00 = 1 point
  • Earn 3x rewards points for your purchases at Wilcon
  • Interest Rate (monthly)3.50%
  • Annual Fee1,200 PHP
Security Bank Complete Cashback

Security Bank Complete Cashback

  • Earn Non-expiring Reward points P20=1 point
  • Waived Annual Fee for the first year
  • Interest Rate (monthly)3.50%
  • Annual Fee3,000 PHP
Security Bank Mastercard Classic

Security Bank Mastercard Classic

  • Earn non-expiring rewards points PHP20.00 = 1 point
  • Set your own limit when shopping online
  • Interest Rate (monthly)3.50%
  • Annual Fee2,000 PHP
Security Bank Mastercard Gold

Security Bank Mastercard Gold

  • Earn non-expiring rewards points PHP20.00 = 1 point
  • Waived annual fee for the first year
  • Interest Rate (monthly)3.50%
  • Annual Fee2,500 PHP
Security Bank Mastercard Platinum

Security Bank Mastercard Platinum

  • Dual currency billing
  • Earn non-expiring rewards points
  • Interest Rate (monthly)3.25%
  • Annual Fee4,000 PHP

What is a Cashback credit card and how does it work?

A cashback credit card is a type of credit card that lets you earn cash rebates on purchases spent. There are several banks in the Philippines that offer cashback credit cards and we will discuss them further below. For now, it’s important that you realize that each bank has different terms and conditions and varies on rebates and redeeming process.

How to redeem cashbacks?

The process of redeeming cashback is pretty straightforward. You may receive them either direct deposit or through check. You also have the option to apply the cashback as a statement credit. These methods all depend on the issuing bank.

What are some of the popular cashback rewards cards available in the Philippines?

First, remember that there are are two types of a cashback credit card, which is variable and fixed rate.

A variable cashback offers tiered rewards, and this depends on certain categories. You get higher rebates for the category you often spend. For example, some cards offer a higher cashback for fuel purchases, while another might offer a higher cashback for dining purchases.

With a fixed rate cashback card, you earn a fixed rebate percentage on all purchases. This one is much simpler and straight forward then a variable rate cashback.

Before deciding which cashback credit card is right for you, make sure to check out what type of rate they offer. If, for example, you spend a lot on fuel purchases than a variable rate card that provides big rebates on fuel might be best for you. On the other hand, if your spending is pretty even across the board, a fixed rate card should work well for you.

Pros and Cons of Cashback credit cards

Pros

  • You get to earn rebates while spending on purchases
  • You'll get a higher credit score which makes it easier for you to get approved when applying for other financial products in the future, be it for another type of credit card or a loan.

Cons

  • Higher interest rates
  • These cards typically have annual fees
  • Some banks provide a cap of how much cashback you can earn. And some terms can be very complex