Best Credit Card for Cashback in the Philippines (2026)

Looking for the best credit card for cashback in Philippines? Generic top-10 listicles ignore your income, monthly caps, excluded MCCs, and whether you can actually get approved. This CardHungry guide analyses 6 leading cards with reward rules, net annual value across three spend profiles, exclusions, and who each card suits best — updated June 2026.

Philippines cashback cards often gate the headline rate behind monthly spend floors or category caps (groceries, dining, utilities). Convert every cap to absolute pesos/year and compare against NAFFL cards when your spend is light.

On this page

• What matters
• Fee breakeven math
• Net value table
• Detailed picks
• Common mistakes
• Compare & apply
• Disclaimer

What matters for cashback cards

• Effective rate after caps — divide annual cap by annual spend to get true yield.
• Category MCC coding — some merchants classify as "general" not "cashback".
• Partner lock-in — co-brand cards only win at specific merchants.
• Annual fee breakeven — fee must be recovered from cashback rewards alone or cross-category value.
• Stacking rules — most issuers forbid combining offers; read T&Cs.

Annual fee breakeven example

If a card charges ₱999/year and offers 5% on cashback with a ₱5,000/month cap, maximum cashback rewards = ₱6,000/year. Net after fee = ₱5,001 — but only if you actually hit the cap every month. Partial spends reduce this sharply.

Net value by spend profile

Card	Light spender	Moderate	Heavy
HSBC Live+ Credit Card	-₱80	₱7,174	₱26,620
Security Bank Complete Cashback Platinum	₱1,860	₱6,570	₱15,780
Metrobank Cashback Visa	₱316	₱3,514	₱9,016
BPI Amore Cashback	₱362	₱2,579	₱6,596
RCBC Flex Gold Visa	-₱360	₱2,550	₱9,060

Net annual value after annual fee and estimated forex. Caps applied per issuer T&Cs.

Top cashback credit cards — full breakdown

1. HSBC Live+ Credit Card

Issuer: HSBC · Tier: Platinum · Annual fee: ₱5,000

Lifestyle cashback · ₱10k gate · ₱1,250 cap

Eligibility snapshot

• Min monthly income (salaried): ₱33,334
• Secured / FD-backed: No — standard unsecured
• Approval note: Indicative only. CIC checked by bank at application, not by CardHungry.

Reward structure

• dining: 8% cashback — cap ₱1,250/month
• online shopping: 5% cashback — cap ₱1,250/month
• travel: 5% cashback — cap ₱1,250/month
• fuel: 3% cashback — cap ₱600/month
• all: 0.2% cashback

Headline highlight: 8% cashback on Dining (cap Shared ₱1,250/statement cap)

Net value estimate (moderate spend profile)

• Gross annual rewards: ₱12,624
• Annual fee: −₱5,000
• Forex markup cost (est.): −₱450 (2.5% on international spends)
• Net annual value: ₱7,174 (1.71% effective return)

Key benefits

• 8% dining · 2% fast food · 5% shopping / entertainment / travel (from Jul 2026 travel boost)
• Accelerated rates need ≥₱10,000 spend per statement cycle — else 0.2% base
• Shared cashback cap ₱1,250/statement · Caltex 6% first fill then 3%
• Fee ₱5,000 (Y1 often waived) · income ₱400k/yr · other PH primary card ≥6 mo

Exclusions & fine print

Typically excluded or reduced: .

Best for: High monthly spenders who clear the ₱10k/statement gate

Read full HSBC Live+ Credit Card review with spend simulator →

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2. Security Bank Complete Cashback Platinum

Issuer: Security Bank · Tier: Platinum · Annual fee: ₱3,000

Five-category cashback with hard monthly cap

Eligibility snapshot

• Min monthly income (salaried): ₱25,000
• Secured / FD-backed: No — standard unsecured
• Approval note: Indicative only. CIC checked by bank at application, not by CardHungry.

Reward structure

• groceries: 5% cashback — cap ₱1,000/month
• fuel: 4% cashback — cap ₱1,000/month
• utilities: 3% cashback — cap ₱1,000/month
• dining: 2% cashback — cap ₱1,000/month
• online shopping: 1% cashback — cap ₱1,000/month

Headline highlight: 5% cashback on Groceries (cap Shared ₱1,000/mo · ₱12,000/year cap)

Net value estimate (moderate spend profile)

• Gross annual rewards: ₱10,020
• Annual fee: −₱3,000
• Forex markup cost (est.): −₱450 (2.5% on international spends)
• Net annual value: ₱6,570 (1.56% effective return)

Key benefits

• 5% groceries · 4% gas · 3% utilities · 2% dining · 1% shopping
• Shared cap ₱1,000/mo · ₱12,000/yr (auto-credited)
• No minimum spend for category rebates
• First-year annual fee often waived

Exclusions & fine print

Typically excluded or reduced: .

Best for: Balanced spenders across groceries, fuel, and utilities

Read full Security Bank Complete Cashback Platinum review with spend simulator →

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3. Metrobank Cashback Visa

Issuer: Metrobank · Tier: Gold · Annual fee: ₱3,500

Family essentials with outstore gate

Eligibility snapshot

• Min monthly income (salaried): ₱58,334
• Secured / FD-backed: No — standard unsecured
• Approval note: Indicative only. CIC checked by bank at application, not by CardHungry.

Reward structure

• groceries: 5% cashback — cap ₱1,000/month
• utilities: 5% cashback — cap ₱1,000/month
• all: 0.2% cashback

Headline highlight: 5% cashback on Groceries, telecom, school & bookstore (cap ~₱12,000/year (issuer estimate))

Net value estimate (moderate spend profile)

• Gross annual rewards: ₱7,464
• Annual fee: −₱3,500
• Forex markup cost (est.): −₱450 (2.5% on international spends)
• Net annual value: ₱3,514 (0.84% effective return)

Key benefits

• 5% on groceries, telecom, school & bookstore if ≥₱12,000/mo outstore spend
• Else 0.20% on those categories · 0.20% other retail
• Up to ~₱12,000 annual savings (issuer marketing)
• Min annual income ₱700,000 · existing-card tenure rules apply

Exclusions & fine print

Typically excluded or reduced: .

Best for: Families with steady non-grocery spend to unlock the 5% tier

Read full Metrobank Cashback Visa review with spend simulator →

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4. BPI Amore Cashback

Issuer: BPI · Tier: Classic · Annual fee: ₱2,050

Supermarket cashback specialist

Eligibility snapshot

• Min monthly income (salaried): ₱15,000
• Secured / FD-backed: No — standard unsecured
• Approval note: Indicative only. CIC checked by bank at application, not by CardHungry.

Reward structure

• groceries: 4% cashback — cap ₱1,250/month
• utilities: 1% cashback — cap ₱1,250/month
• all: 0.3% cashback

Headline highlight: 4% cashback on Groceries (supermarket) (cap ₱15,000/year rebate cap)

Net value estimate (moderate spend profile)

• Gross annual rewards: ₱4,962
• Annual fee: −₱2,050
• Forex markup cost (est.): −₱333 (1.85% on international spends)
• Net annual value: ₱2,579 (0.61% effective return)

Key benefits

• 4% cashback on supermarket spend (per ₱1,000 increments)
• 1% on drugstores & utilities · 0.3% other local retail
• Annual cashback cap ₱15,000 · Ayala Malls lounge access
• Forex markup 1.85%

Exclusions & fine print

Typically excluded or reduced: Dining, Fuel.

Best for: Grocery shoppers · Ayala Malls regulars

Read full BPI Amore Cashback review with spend simulator →

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5. RCBC Flex Gold Visa

Issuer: RCBC · Tier: Gold · Annual fee: ₱3,000

Pick categories · points not cashback

Eligibility snapshot

• Min monthly income (salaried): ₱25,000
• Secured / FD-backed: No — standard unsecured
• Approval note: Indicative only. CIC checked by bank at application, not by CardHungry.

Reward structure

• groceries: 2% cashback — cap ₱800/month
• fuel: 2% cashback — cap ₱800/month
• travel: 2% cashback — cap ₱800/month
• all: 1% cashback

Headline highlight: 2× Rewards Points on Groceries, fuel, or travel (pick 3) (cap Modeled ~2% cash-equivalent)

Net value estimate (moderate spend profile)

• Gross annual rewards: ₱6,000
• Annual fee: −₱3,000
• Forex markup cost (est.): −₱450 (2.5% on international spends)
• Net annual value: ₱2,550 (0.61% effective return)

Key benefits

• Rewards Points — 2× on up to three preferred categories (grocery, gas, travel, dept store, appliances)
• Not a fixed % cashback card — redeem as rebates, vouchers, or airmiles
• Membership fee ₱3,000 principal / ₱1,500 supplementary
• Point→peso value varies by redemption; NAV uses conservative ~1–2% equivalent

Exclusions & fine print

Typically excluded or reduced: .

Best for: Shoppers who want to pick their own bonus categories

Read full RCBC Flex Gold Visa review with spend simulator →

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6. UnionBank Cash Back Visa Platinum

Issuer: UnionBank · Tier: Platinum · Annual fee: ₱4,500

Grocery rebates with outstore gate

Eligibility snapshot

• Min monthly income (salaried): ₱15,000
• Secured / FD-backed: No — standard unsecured
• Approval note: Indicative only. CIC checked by bank at application, not by CardHungry.

Reward structure

• groceries: 6% cashback — cap ₱1,250/month
• utilities: 2% cashback — cap ₱500/month
• all: 0.2% cashback

Headline highlight: Up to 6% cashback on Groceries (supermarket) (cap ₱15,000/year)

Net value estimate (moderate spend profile)

• Gross annual rewards: ₱7,164
• Annual fee: −₱4,500
• Forex markup cost (est.): −₱635 (3.53% on international spends)
• Net annual value: ₱2,029 (0.48% effective return)

Key benefits

• Up to 6% supermarket rebates if ≥₱10,000/mo outstore (non-supermarket, non-Meralco)
• Up to 2% on Meralco via UnionBank Online
• 0.20% on other retail · marketing save-up-to ₱15,000/yr
• Annual fee ₱4,500 · forex ~3.53% · rebates can offset fee once/year (T&Cs)

Exclusions & fine print

Typically excluded or reduced: .

Best for: High grocery spenders who also spend ₱10k+/mo elsewhere

Read full UnionBank Cash Back Visa Platinum review with spend simulator →

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Common cashback card mistakes

• Choosing a partner card when you split spends across merchants.
• Ignoring wallet-load exclusions (PhonePe/Paytm loads often earn zero).
• Paying annual fee without hitting fee-waiver spend threshold.
• Assuming surcharge waiver equals reward rate (fuel cards).

Compare before you apply

Headline rates mislead. Compare your top two picks side-by-side or use the card browse for a ranked shortlist including cards you may not have considered.

Disclaimer

Reward rates, caps, and fees sourced from issuer public T&Cs as of June 2026. CardHungry is a third-party platform — not a bank, not a credit bureau. Approval not guaranteed. We earn commission if approved — at no cost to you. Zero sales calls.