Shopping Credit Cards FAQ

What sets shopping credit cards apart from other types of credit cards is that it can be either a cashback credit card, a rewards credit card, or a travel credit card. As long as it offers a form of reward that equates to a certain sum of money, you got yourself a shopping credit card.

With that being said, there is a wider range of shopping credit card options than the other types of credit cards. This translates to better chances of finding the right credit card that will suit your needs and your lifestyle.

What are the benefits of having a shopping credit card?

If you want to take advantage of discounts and rebates on your shopping purchases, owning a shopping credit card is key to increasing your savings margin further. You either get more rewards points or rebates when you shop with a shopping credit card. So, there are various options for you on how to you prefer to enjoy these shopping perks.

Which credit card is best for shopping, Visa or Mastercard?

Choosing between Visa and Mastercard is a matter of preference and need. Both have their own set of perks and privileges, which are equally rewarding. Probably the only time this will matter is when certain payment gateways will only accept one or the other.

Rather than gauging a credit card’s value by its label, choose a shopping credit card that would suit your lifestyle instead.

What is the best credit card for shopping?

The best credit cards for shopping are those that would give you more rewards for lesser spend. Shopping cards that provide bigger cash equivalent rewards are better. With that being said, here are some of our top shopping credit card picks!

Citi Simplicity+ Card

A no-frills card that’s free for life. It doesn’t offer the typical benefits of a credit card. It does, however, have no late fees and will give you a cash back for being a good paymaster. The key to making this card beneficial is to pay on time.

  • Minimum income requirement: ₱20,800
  • Annual fee: ₱free

Key features:

  • No annual fee every single year
  • No late and over-limit fees
  • Get 10% back on interest charges if you pay at least the minimum due on or before the due date

HSBC Red Mastercard

It is designed with the avid shopper in mind. This card lets you earn rewards easily - get 4x bonus points on shopping purchases at partner establishment, local or abroad. On top of that, there are other perks and discounts when using the card for other purchases.

  • Minimum income requirement: ₱16,667
  • Annual fee: ₱1,500

Key features:

  • 4x Rewards on all your overseas shopping transactions
  • 1 Bonus Point for every ₱20.00 spend on HSBC Red MasterCard for a minimum spend of ₱2,500.00 per month
  • Gas up at participating Caltex stations and get a 6% rebate on your first transaction and 3% rebate all year
  • HSBC credit cardholders will get to enjoy exclusive deals and privileges

Robinson Bank Platinum DOS Mastercard

A shopping credit card that automatically splits your shopping purchases into a two-month installment at 0% interest rate. While it’s a hassle-free and cost-efficient shopping credit card that will make payments lighter, it’s also a rewarding credit card for your everyday use.

  • Minimum income requirement: ₱15,000
  • Annual fee: ₱free

Key features:

  • All transactions are automatically split into two equal monthly installments at 0% interest
  • Earn 1 Reward Point for every ₱50 spend
  • No annual fee if the card is used at least 12x within one year