HSBC Red Platinum Mastercard Waived Annual Fees For Life

Enjoy No Annual Fees for Life (NAFFL) with an HSBC Red Platinum Mastercard

HSBC Red Platinum Mastercard®

Enjoy waived annual fees for life when you apply for an HSBC Red Platinum Mastercard®, spend at least PHP60,000 anywhere within 60 days from card approval date and register to the HSBC Philippines app1.

Promo period: 30 April 2026 to 30 June 2026

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    Get 4x bonus points on online, dining, shopping and overseas spend2.

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    6% rebate on your first Caltex fuel purchase, 3% rebate all year round3.

To apply, you'll need to have:

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    A minimum annual income of PHP400,000

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    A locally-issued primary credit card from another bank for at least 6 months

Apply now

More information

Terms and Conditions apply.
Promo period: 30 April 2026 to 30 June 2026
Per DTI Fair Trade Permit No. FTEB-255232 Series of 2026.

  1. This offer is open to individuals with a new primary HSBC Credit Card who have no existing nor cancelled HSBC Credit Card in the last 15 months from the application date.
  2. HSBC Red Platinum Mastercard's Accelerated Terms and Conditions apply. A maximum accumulated monthly spend of PHP40,000 across all qualified merchant categories shall earn accelerated points.
  3. HSBC Caltex Rebates Plus Rewards Programme T&Cs apply. Fuel rebate will be 6% on your first Caltex transaction and 3% on succeeding ones or up to PHP600 per month.

Cardholders who applied under this promo are not allowed to choose a different HSBC credit card welcome rewards at any point of the application or approval process. All HSBC credit card applications shall be subject to HSBC's final credit card approval and credit card terms and conditions.

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