12 Best Cashback Credit Cards in the Philippines (2023)

Excited about how much you will earn from a cashback credit card? Before you get your hopes high, know the nitty-gritty behind the promos and terms and conditions (T&Cs).
Cashback credit cards are your best bet if you prefer to avoid fiddling with rewards points or air miles.

After all, money doesn’t grow from trees. But cash rebates can help you pay monthly dues. Explore and compare these cards and see which one fits your spending habits. Some have high annual income requirements.

12 best cashback credit cards in the Philippines you should check

No time to read? Here’s a summary of cashback credit cards in the Philippines based on spending habits.

Recommended for	Best cashback credit cards
Day-to-day spending	Citi Cashback Card China Bank Cash Rewards Mastercard EastWest EveryDay Titanium Mastercard Security Bank Complete Cashback Shell Citi Card UnionBank Gold Mastercard Cashback
Shopping (online and in-store)	BDO Amex Cashback Eastwest Bank Platinum Visa Maybank Platinum Mastercard/Visa RCBC Bankard The Landmark Anson’s Mastercard RCBC Zalora Cashback
Dining and takeouts	HSBC Gold Visa Cashback Card Eastwest Bank Platinum Visa

How do cashback credit cards in the Philippines work?

Before you get too excited about earning up to ₱15,000 cash back annually, remember that banks are not charities. If you are moneysmart, you’d have to look into the T&Cs and promo mechanics.

Cashback credit cards give you rewards in the form of cash rebates when you spend money. The logic is simple. Spend more using the cashback credit card, and get cash rebates as your reward. They are usually only credited to your card on the next billing cycle.

In a nutshell, that cash rebate is an effective discount on your credit card bill. Most banks won’t allow you to convert them into cash vouchers. But do check the terms and see if they have promos.

You must check two restrictions and be sneaky about them when reading promos or T&Cs.

• The minimum spend is the amount you need to spend to qualify for that cash rebate.
• The maximum cap is the cash rebate you can get, either monthly or annually.

Best cashback credit card for day-to-day spending

Cashback Card	Cash Rebate	Restrictions
Citi Cash Back Mastercard	Up to 6% on supermarket Up to 2% on Meralco bills paid via Citibank Online 0.20% on all other spending categories	Spend at least ₱10,000 per month on other spending categories (fuel, medicine, dining bills) to enjoy the maximum rebates ₱1,250 maximum cap per statement month
China Bank Cash Rewards Mastercard	Up to 6% on daily spend 1% on supermarket, gas, and drug store purchases	Spend at least ₱1,000 on non-supermarket, non-drug store, non-fuel items to earn 6% cash rewards Spend at least ₱1,000 on fuel and drugstore purchases to earn 1% cash rewards Spend at least ₱5,000 for supermarket transactions to earn 1% cash rewards Cash rewards have a monthly cap of ₱1,000 every cycle month
EastWest EveryDay Titanium Mastercard	Up to 5% cash rebate on supermarket, fuel, and drugstore purchases.	Spend at least ₱10,000 on other spending categories considered as non-essentials (hotel accommodation, dining, shopping like clothes, shoes at department stores) per billing cycle to earn the cash rebates
Security Bank Complete Cashback Mastercard	Earn 5% on groceries, 4% on fuel, 3% on utilities, 2% on dining, and 1% on shopping	Earn rebates only when you swipe the card in physical stores ₱1,000 maximum cap each month Online transactions are not qualified for cash rebates
Shell Citi Card	Up to 5% on Shell fuel purchases Up to 5% on NLEX/SLEX tollway fees (for Platinum cardholders) 5% rebate on auto repairs, accessories, and services nationwide	Spend at least ₱10,000 per billing cycle on other spending categories aside from NEX/SLEX toll (dining, medicine, supermarket, shopping) to enjoy the cash rebates
UnionBank Gold Mastercard Cashback	1.5% on all purchases	No minimum spend required Get the cashback in increments of ₱1,000

Looking at the list can be overwhelming on which one you should choose. The pattern when it comes to restrictions is that you need to spend on other categories to earn cash rebates.

• Citi Cash Back offers rebates on supermarket purchases and Meralco bills. Use the card on other spending categories like dining, fuel, and medical bills to earn the cashback. A combination of purchases over ₱10,000 earns you the corresponding cash rebates.
• The Shell Citi is ideal for motorists who regularly pass through tollways. Always check if you’re spending at least ₱10,000 per billing cycle to get up to 5% cash rebates.
• Security Bank Complete Cashback and China Bank Cash Rewards Mastercard cover almost the common spending categories. It’s ideal for cardholders with fuel, supermarket, and drug store expenses.
• EastWest EveryDay Titanium Mastercard gets an edge. You earn cash rebates for local and international transactions.
• The UnionBank Gold Mastercard cashback earns you 1.5% for any spending category. There’s no maximum cap or minimum spend required. However, you can get your cash rebates in increments of ₱1,000.

Best cashback credit card for shopping (online and in-store)

Cashback Card	Cash Rebate	Restrictions
BDO Amex Cashback Card	1% cashback on your local purchases 2% cashback on your overseas purchases Bonus cashback of up to 10% within the first three months as a welcome gift	Regular cashback of 1% and 2% earn a cashback of any amount spend Bonus cashback has a maximum  cap of ₱2,500 Succeeding transactions of bonus cashback will earn regular cashback
EastWest Visa Platinum	Up to 3% cash rewards on dining establishments and department stores 0.3% cash rewards on other establishments such as supermarkets, grocery stores, and furniture shops	The transaction must be a single receipt Charge to the card as a single purchase at department stores and dining establishments
Maybank Platinum Mastercard/Visa	1% rebate on overseas purchases	₱12,000 maximum annual cap
RCBC Bankard The Landmark Anson’s Mastercard	5% Rebate on your spending at Landmark Department Store, Landmark Supermarket, and Anson’s Earn rewards points on non-Landmark store transactions	Get the rebate if you shop Mondays-Fridays only It must be a one-time charge purchase to your credit card as a single receipt For Anson’s purchases, the maximum purchase of a single receipt is P3,000 No annual maximum cap on earning rebates
RCBC Zalora Cashback	Up to 6% cashback on online purchases Earn rewards points on non-online purchases	You must maintain a total annual spend of ₱200,000 to enjoy one-year free shipping and waived membership fee

When you have the right cashback credit card for online shopping, you earn rebates and enjoy perks and discounts.

• BDO Amex Cashback Card has one of the most enticing offers among the cashback credit card for shopping. Spend on any amount, and you still earn the regular cashback. The issuer is also generous with its welcome gift of up to 10% cashback if you use your card within three months after activation.
• Maybank Platinum is useful for people who frequently travel overseas. It’s also a rewards card that lets you earn one (1) TreatsPoint for every ₱25 you spend.
• RCBC Bankard co-branded credit cards let you earn up to 6% cashback. The Zalora credit card works best with your online purchases. EastWest Visa Platinum offers cash rewards. But you need to have a single-receipt transaction charged to your card.

Best cashback credit card for dining and takeouts

Cashback Card	Cash Rebate	Restrictions
HSBC Gold Visa Cashback	5% cashback on dining transactions 1% on back-to-school transactions and overseas purchases 0.5% on other transactions  3% rebate on Caltex fuel purchases	₱1,200 maximum cap per calendar month Back-to-school cashback (including items bought in department stores) is only available in May, June, July, and August Cashback on overseas transactions only applies in January, April, May, and December.
EastWest Visa Platinum	Up to 3% cash rewards on dining establishments and department stores 0.3% cash rewards on other establishments such as supermarkets, grocery stores, and furniture shops	The transaction must be a single receipt Charge to the card as a single purchase at department stores and dining establishments

HSBC Gold Visa Cashback and EastWest Visa Platinum offer up to 5% cashback rebates for dining. These cards are handy if you’re always on the go and prefer dining outside. Just make sure you check the affiliated merchants and partners so you can enjoy the maximum cash rebates.

Which cashback credit card should you get?

Categorizing these cashback credit cards based on your spending habits will help you decide on the right one. Most of these credit cards have waived annual fees for the first year.

There’s something for your everyday spending, shopping, and dining. BDO Amex Cashback Card and UnionBank Gold Cashback Mastercard have low cashback, but you earn rebates for any amount you spend.

Do you mind playing with a little bit of math on your monthly billing cycle for cash rebates? If not, why not explore rewards cards or air miles cards in the Philippines?