Offer details

Enjoy up to 50,000 Philippine Airlines Mabuhay Miles or PHP50,000 cashback to your credit card1 when you open a Premier account2 today. Simply bring in deposit at least PHP3,000,000 in Fresh Funds3, apply and get approved for an HSBC Premier Mastercard or HSBC Premier Travel Card4 and meet the Minimum Accumulated Spend Requirement5.

Welcome Rewards TierTRB in Fresh Funds RequirementApproved HSBC Credit CardMinimum Accumulated Spend Requirement5Welcome Rewards
Tier 1At least PHP3,000,000HSBC Premier MastercardPHP40,00015,000 PAL Mabuhay Miles or PHP15,000 Credit Card Cashback
Tier 2At least PHP5,000,000HSBC Premier Travel CardPHP80,00032,000 PAL Mabuhay Miles or PHP32,000 Credit Card Cashback
Tier 3At least PHP10,000,000HSBC Premier Travel CardPHP80,00050,000 PAL Mabuhay Miles or PHP50,000 Credit Card Cashback
Welcome Rewards Tier 1
TRB in Fresh Funds RequirementAt least PHP3,000,000
Approved HSBC Credit CardHSBC Premier Mastercard
Minimum Accumulated Spend Requirement5PHP40,000
Welcome Rewards15,000 PAL Mabuhay Miles or PHP15,000 Credit Card Cashback
Welcome Rewards Tier 2
TRB in Fresh Funds RequirementAt least PHP5,000,000
Approved HSBC Credit CardHSBC Premier Travel Card
Minimum Accumulated Spend Requirement5PHP80,000
Welcome Rewards32,000 PAL Mabuhay Miles or PHP32,000 Credit Card Cashback
Welcome Rewards Tier 3
TRB in Fresh Funds RequirementAt least PHP10,000,000
Approved HSBC Credit CardHSBC Premier Travel Card
Minimum Accumulated Spend Requirement5PHP80,000
Welcome Rewards50,000 PAL Mabuhay Miles or PHP50,000 Credit Card Cashback

Terms and Conditions apply.

Promo runs from May 1, 2026 to July 31, 2026.

Not a Premier member yet? Open a Premier bank account now.

Simply fill out the form and we'll be in touch within 3 banking days.
Or, talk to us through Chat by clicking on the icon at the bottom right of our homepage.

1 Cashback will be credited to your approved HSBC Premier Credit card once eligibility requirements are met.

2Customers must open a Premier account within the Promo Period and must also register to the HSBC Philippines app.

3Fresh Funds are funds transferred into HSBC and coming from sources outside HSBC. Funds transferred and/or coming from sources in HSBC will not be considered “fresh funds.” Fresh Funds must be deposited within two months from account opening date.

4Customers must apply for an HSBC Premier Mastercard or an HSBC Premier Travel Card within 2 months from account opening or upgrade.

5Minimum Accumulated Spend Requirement refers to the amount that an Availer must spend using his/her newly approved and activated HSBC Credit Card within the Promo Spend Period of 60 days from HSBC Credit Card approval date. For the HSBC Premier Mastercard, the Minimum Accumulated Spend Requirement is PHP40,000. For the HSBC Premier Travel Card, the Minimum Accumulated Spend Requirement is PHP80,000.

Per DTI Fair Trade Permit No. FTEB-255776 Series of 2026
For more information on eligibility requirements, please refer to the Promo Terms and Conditions.

The Hongkong and Shanghai Banking Corporation Limited is regulated by the Bangko Sentral ng Pilipinas https://www.bsp.gov.ph. Deposits are insured by PDIC up to PHP1,000,000 per depositor.