It was a rough 2020 and we all couldn’t possibly think of other ways to cap the year except to celebrate the holidays with hope, no matter what. We can plan small get-togethers, but we all should still observe precautionary measures to protect ourselves and other people against COVID-19. 

Indeed, not everything is calm and easy, but some things are made to make Christmas a little brighter and merrier for us Filipinos. Read on and see how any HSBC credit card can transform the bleak holiday atmosphere into an exciting time of the year to save more and reap rewards!

PHP2,500 cash rebate

San aabot ang 2,500 mo? Oh well, you can buy a brand-new pair of sneakers, a new noise-canceling headphone, and even enough ingredients for your Noche Buena feast. Apply for your first HSBC credit card and be qualified for the Cash Rebate Digital Acquisition promo until December 31, 2020. 



Once you apply and get approved for any HSBC credit card, you are required to reach the accumulated minimum spend of Php5,000 paid with the card. You may choose to make foreign or local transactions but remember that internet banking and bill payments are included in the promo. 


The credit card holder should agree that the Php2,500 welcome gift can be charged to the account if he cancels the card within 15 months from the approval date or if the transaction is found invalid. 

READ: 7 Questions To Ask Before Cancelling Your Credit Card

Up to Php4,500 worth of Grab voucher

Ready to dig in? Brace yourself for a whopping Php4,500 worth of Grab e-voucher when you get approved for a new HSBC Platinum Visa, HSBC Gold Visa Cash Back, and HSBC Red Mastercard. 

The application period ends on December 31, 2020, but you still can comply with the promo spend period until February 28, 2021. The HSBC Platinum Visa cardholder should have a minimum accumulated spend of Php10,000 to be eligible for the Php4,500 e-voucher welcome gift. On the other hand, those HSBC Gold Visa and Red Mastercard holders should reach a minimum of Php5,000 accumulated spend to qualify for the Grab e-voucher worth Php2,500. 

Card Type

Promo Code

Welcome Gift

Minimum Accumulated Spend

HSBC Platinum Visa HGPV Grab e-Voucher worth PHP4,500 for cash-in PHP10,000
HSBC Gold Visa or Red Mastercard HGRG Grab e-Voucher worth PHP2,000 for cash-in PHP5,000


The e-voucher welcome gift is not convertible to cash and should be used to cash into your Grab account. You can use the credit to pay for your food cravings, necessities, deliveries, and bills payment via the Grab app!

Credit card installment plan

Pay for your huge purchases in installments and save your cash for other necessities. Use any of your HSBC credit cards to buy appliances, travel tickets, and gadgets. Opt for the 0% installment offer for up to 36 months.

Here are a few of HSBC’s partner merchants to avail of this promo:


Enjoy 0% installment using your HSBC credit card at Abenson via a minimum purchase of Php3,000 payable for three or six months and a minimum purchase of Php6,000 to be paid in installments for 12 months. 


Power Mac Center

Get your dream MacBook and pay with your HSBC credit card in 4 easy ways: minimum spend of Php6,000 to be paid in three or six months, Php20,000 to be paid in 12 months and a minimum spend of Php50,000 to be paid in 24 months. 


Shop at and enjoy the installment plan with your HSBC credit card. Pay in three months or six months for a minimum spend of Php3,000; 12 months for a minimum spend of Php10,000; 24 months if you spend at least Php50,000; and 36 months if spend a minimum of Php100,000. 

READ: 6 Reasons You Should Own A Credit Card in the New Normal

The SM Store

Own any of those Canon, Grand Videoke, Huawei, Nokia, Oppo, Samsung, and Sony products and pay with your HSBC credit card in 12 monthly installments without interest charges. Buy from any SM Store participating branches with a minimum spend of Php5,000 and Php10,000 for mobile phones

Non-participating SM stores include SM General Santos, SM Aura, SM Megacenter, SM San Fernando, SM Valenzuela and SM Quiapo. 

Bear in mind:

  • The HiP or HSBC Card Instalment Plan is available with 0% interest at any HSBC partner merchant. The repayment period depends on the merchant’s minimum spend requirement. Any HSBC credit cardholder with a good credit standing is eligible for the plan. 




  • The 0% interest promo is a privilege provided to loyal HSBC credit cardholders with good standing. However, cardholders should make sure to pay the monthly installment amount on time and in full to avoid finance charges. 
  • Installment transactions are eligible for bonus points. Spend with your HSBC credit card, choose your payment term, and earn points to be converted into rewards!


GoBear team

GoBear team

GoBear Team - Our content creators collaborate to come up with finance articles that will make financial literacy a joy to learn and financial security an attainable goal.