Hsbc Live Plus Ph vs Metrobank Travel Platinum — Philippines (2026)
Side-by-side comparison of Hsbc Live Plus Ph and Metrobank Travel Platinum for Philippines users. Fees, rewards, and who each card suits best. Winner ranked by net value on a moderate spend profile — fees and caps included. Winner ranked by net value on a moderate spend profile — fees and caps included.
Updated 30 July 2026·2 cards · 3 min scan·CardHungry
Top pick · HSBC Live+ Credit Card
Net / yr
₱7,174
Annual fee
₱5,000
Return
1.7%
Comparison
Net annual value · moderate spend
Comparison winner: HSBC Live+ Credit Card, ₱7,174 per year net
HSBC Live+ Credit Card
HSBC
Net / yr
₱7,174
Fee
₱5,000
Top
8% cashback
- ✓Wins this head-to-head — about ₱7,174/yr net after fees on typical spends.
- ✓Best for dining — 8% cashback, up to Shared ₱1,250/statement cap.
HSBC Live+ Credit Card
HSBC
Net / yr
₱7,174
Fee
₱5,000
Top
8% cashback
- ✓Wins this head-to-head — about ₱7,174/yr net after fees on typical spends.
- ✓Best for dining — 8% cashback, up to Shared ₱1,250/statement cap.
Metrobank Travel Platinum Visa
Metrobank
Net / yr
-₱1,895
Fee
₱5,000
Top
~1.5% cash-equivalent (modeled)
- ✓Strong runner-up at -₱1,895/yr net — roughly ₱9,069 behind #1 on the same spend mix.
- ✓Best for travel spend — ~1.5% cash-equivalent (modeled).
Why the other card ranks lower
Ranked by net annual value on a moderate spend profile. Each line ties to issuer T&Cs, fees, caps, and your eligibility band. How we calculate NAV
- Strong runner-up at -₱1,895/yr net — roughly ₱9,069 behind #1 on the same spend mix.
- Best for travel spend — ~1.5% cash-equivalent (modeled).
- Especially for frequent travelers wanting fee-waiver-eligible points.
2Metrobank Travel Platinum VisaMetrobank
- Strong runner-up at -₱1,895/yr net — roughly ₱9,069 behind #1 on the same spend mix.
- Best for travel spend — ~1.5% cash-equivalent (modeled).
- Especially for frequent travelers wanting fee-waiver-eligible points.
Full review →Net / yr
-₱1,895
Why each card ranks here
Ranked by net annual value on a moderate spend profile. Each line ties to issuer T&Cs, fees, caps, and your eligibility band. How we calculate NAV
- Wins this head-to-head — about ₱7,174/yr net after fees on typical spends.
- Best for dining — 8% cashback, up to Shared ₱1,250/statement cap.
- Rewards (₱12,624/yr) still beat the ₱5,000 fee on this profile.
1HSBC Live+ Credit CardHSBC
- Wins this head-to-head — about ₱7,174/yr net after fees on typical spends.
- Best for dining — 8% cashback, up to Shared ₱1,250/statement cap.
- Rewards (₱12,624/yr) still beat the ₱5,000 fee on this profile.
Full review →Net / yr
₱7,174
- Strong runner-up at -₱1,895/yr net — roughly ₱9,069 behind #1 on the same spend mix.
- Best for travel spend — ~1.5% cash-equivalent (modeled).
- Especially for frequent travelers wanting fee-waiver-eligible points.
2Metrobank Travel Platinum VisaMetrobank
- Strong runner-up at -₱1,895/yr net — roughly ₱9,069 behind #1 on the same spend mix.
- Best for travel spend — ~1.5% cash-equivalent (modeled).
- Especially for frequent travelers wanting fee-waiver-eligible points.
Full review →Net / yr
-₱1,895
Net value snapshot
Rewards minus annual fee on your spend profile
- #1HSBC Live+ Credit Card₱7,174#1HSBC Live+ Credit Card₱7,174
- #2Metrobank Travel Platinum Visa-₱1,895#2Metrobank Travel Platinum Visa-₱1,895
Before you apply
Neither wins for everyone
hsbc live plus ph vs metrobank travel platinum — the better card depends on where you spend. Use net value on your profile, not headline rates.
Check caps & exclusions
Compare monthly reward caps and excluded categories (rent, wallet, EMI) before picking a winner.
Apply to one first
Each application triggers a CIC enquiry. Choose the leader for your spends, then revisit the other later.
Frequently asked questions
Hsbc Live Plus Ph or Metrobank Travel Platinum — which is better?+
Neither wins universally. Compare net annual value on your specific spends using our comparison tool. Hsbc Live Plus Ph may win for one profile; Metrobank Travel Platinum for another.
Can I apply for both cards?+
Possible, but multiple applications close together hurt approval odds. Apply to the best fit first; wait 3–6 months for a second card.
Do these cards have joining fees?+
Varies by channel and variant. See each product page on CardHungry for current joining and annual fees before applying.
How often is this comparison updated?+
Reward rates and fees are re-verified against issuer T&Cs periodically. Net value figures use CardHungry's calculator with current rules.
Is there a third card I should consider?+
Often yes. Browse the catalog or compare a third card optimised for your income and spends — not just these two.
Full written guide
Methodology, tables, eligibility & fine print · ~8 min read
Full written guide
Methodology, tables, eligibility & fine print · ~8 min read
HSBC Live+ Credit Card vs Metrobank Travel Platinum Visa — which credit card is better in 2026? This in-depth comparison covers reward rules, monthly caps, exclusions, annual fees, forex costs, eligibility, and net annual value across light, moderate, and heavy spend profiles. No sponsored ranking: every number comes from CardHungry's transparent calculator.
On this page
- At-a-glance table
- Net value by spend
- Reward rules
- Benefits
- HSBC Live+ Credit Card
- Metrobank Travel Platinum Visa
- Exclusions compared
- Who should pick which
- Spend scenarios
- Before you apply
At-a-glance comparison
| Factor | HSBC Live+ Credit Card | Metrobank Travel Platinum Visa |
|---|---|---|
| Issuer | HSBC | Metrobank |
| Annual fee | ₱5,000 | ₱5,000 |
| Min income | ₱33,334/mo | ₱58,334/mo |
| Top reward | 8% cashback | ~1.5% cash-equivalent (modeled) |
| Forex markup | 2.5% | 2.5% |
| Secured option | No | No |
| Moderate NAV winner | HSBC Live+ Credit Card | — |
Net annual value by spend profile
| Profile | HSBC Live+ Credit Card | Metrobank Travel Platinum Visa |
|---|---|---|
| Light spender net value | -₱80 | -₱3,560 |
| Moderate spender net value | ₱7,174 | -₱1,895 |
| Heavy spender net value | ₱26,620 | ₱2,050 |
Reward rules compared
| Rule | HSBC Live+ Credit Card | Metrobank Travel Platinum Visa |
|---|---|---|
| Reward rule 1 | dining: 8% (cap ₱1,250/mo) | travel: 1.5% |
| Reward rule 2 | online shopping: 5% (cap ₱1,250/mo) | international: 1.5% |
| Reward rule 3 | travel: 5% (cap ₱1,250/mo) | all: 0.75% |
| Reward rule 4 | fuel: 3% (cap ₱600/mo) | — |
Benefits compared
HSBC Live+ Credit Card
- 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
Metrobank Travel Platinum Visa
- Travel / rewards-points card — fee ₱5,000 (waived year 1 per Metrobank fee table)
- Points redeemable for miles / fee waiver (large point balances)
- Premium income bar (often aligned with other Metrobank travel cards)
- NAV is conservative until exact earn/redeem rates are coded
HSBC Live+ Credit Card — full breakdown
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 →
Metrobank Travel Platinum Visa — full breakdown
Metrobank Travel Platinum Visa
Issuer: Metrobank · Tier: Platinum · Annual fee: ₱5,000
Travel platinum · fee-heavy
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
- travel: 1.5% cashback
- international: 1.5% cashback
- all: 0.75% cashback
Headline highlight: ~1.5% cash-equivalent (modeled) on Travel spend
Net value estimate (moderate spend profile)
- Gross annual rewards: ₱3,555
- Annual fee: −₱5,000
- Forex markup cost (est.): −₱450 (2.5% on international spends)
- Net annual value: -₱1,895 (-0.45% effective return)
Key benefits
- Travel / rewards-points card — fee ₱5,000 (waived year 1 per Metrobank fee table)
- Points redeemable for miles / fee waiver (large point balances)
- Premium income bar (often aligned with other Metrobank travel cards)
- NAV is conservative until exact earn/redeem rates are coded
Exclusions & fine print
Typically excluded or reduced: .
Best for: Frequent travelers wanting fee-waiver-eligible points
Read full Metrobank Travel Platinum Visa review with spend simulator →
Exclusions compared
| Typically excluded | HSBC Live+ Credit Card | Metrobank Travel Platinum Visa |
|---|---|---|
| Common |
Who should pick which?
- Pick HSBC Live+ Credit Card if your spend pattern aligns with its highest-rate categories and you meet income criteria.
- Pick Metrobank Travel Platinum Visa if its caps, fee structure, or partner merchants match your wallet better.
- Pick neither yet if both net values are under ₱2,000/year on your spends — a third option may win (see compare).
Spend scenario cheat sheet
- Heavy online shopper: Compare online category rates and caps first.
- Bill-pay heavy: Check utilities and telecom MCC eligibility.
- Travel / forex: Weight forex markup as heavily as reward rate.
- Fee-averse: If both NAV differences are under ₱1,000/yr, choose the free card.
Before you apply
CardHungry never pulls CIC. Use our interactive comparison or compare tool for a third alternative. One application at a time; wait 3–6 months between rejections.
Your spends are different
These picks use the moderate profile above. Edit spends to re-rank this page, or compare cards side-by-side — no CIC pull.
CardHungry is a third-party recommendation platform, not a bank or credit bureau. Approval estimates are indicative based on public eligibility criteria. Reward calculations use issuer T&Cs and may change. We earn commission if you are approved — at no cost to you.