Unfold your freedom from annual fees with your new HSBC Red Platinum Mastercard

Spend at least PHP25,000 anywhere using your newly approved and activated HSBC Red Platinum Mastercard within 60 days from the card approval date. 

 

Terms and Conditions (PDF) apply.

Offer details

Celebrating our 150th anniversary in the Philippines, unfold your freedom from annual fees with an HSBC Red Platinum Mastercard.

 

The HSBC Red Platinum Mastercard Waived Annual Fees For Life Promo is open to new-to-bank (HSBC Philippines) individual applicants applying for a new primary HSBC Red Mastercard through HSBC’s direct and official Online channels1. A new-to-bank applicant is one who does not have an existing or cancelled HSBC credit card in the 15 months prior to the application date.

 

Qualified cardholder shall be entitled to no annual fees for life upon meeting the minimum accumulated spend requirement of PHP25,000 anywhere using the newly approved and activated HSBC Red Platinum Mastercard within 60 days from card approval date.

 

Promo period: 1 April 2025 to 31 May 2025

 

Promo spend period: within 60 days from the card approval date

 

Terms and conditions apply.

Get started

It only takes a few minutes to apply for an HSBC credit card. To apply, you'll need to have:

1. A locally-issued primary credit card from another bank for at least 12 months
2. A minimum annual income of PHP400,000

HSBC Red Platinum Mastercard Credit Card

credit card

Earn more reward points on your online shopping spend.

 

Get 4x bonus points2 on online, dining, shopping and overseas spend with your HSBC Red Platinum Mastercard.

More information

HSBC Red Mastercard Credit Card Waived Annual Fees for Life Acquisition Promo 2025 – Terms and Conditions (PDF)

Terms and conditions apply. Promo runs from 1 April 2025 to 31 May 2025

DTI Fair Trade Permit No. FTEB 211391 Series of 2025.

 

1Applications made through offline channels (ex. sales booths and HSBC branches) are not eligible for this promo.


2
HSBC’s Accelerated Terms and Conditions apply. A maximum accumulated monthly spend of PHP40,000 across all qualified merchant categories shall earn accelerated points.

 

Cardholders who applied under this Promo are not allowed to choose a different HSBC Credit Card welcome rewards at any point of the application and/or approval process. All HSBC Credit Card applications shall be subject to HSBC’s final credit card approval and Credit Card Terms and Conditions.

Applications made through other affiliates, online apps or platforms and booth locations not HSBC-authorised are not included in the credit card no annual fee for life Promo unless stated otherwise.

 

Issued by The Hongkong and Shanghai Banking Corporation Limited. To contact HSBC for inquiries or complaints, call (02) 8858-0000 or (02) 7976-8000 from Metro Manila, +1-800-1-888-8555 PLDT domestic toll-free, (International Access Code) +800-100-85-800 international toll-free for selected countries/regions, talk to us through the Chat feature of our website hsbc.com.ph, or visit hsbc.com.ph/feedback.

 

The Hongkong and Shanghai Banking Corporation Limited is regulated by the Bangko Sentral ng Pilipinas https://www.bsp.gov.ph.