If you’re looking for cash back credit cards, make sure to choose one that does not complicate the process of earning cash back. Most credit cards have confusing and rotating categories, as well as tiered earning levels.
Earn cash back with your spending minus the fuss with these credit cards that have no minimum spend requirements.
HSBC Gold Visa Cash Back Credit Card
With the Gold Visa Cash Back credit card, you can earn cash back when you make purchases in different spending categories on specific months of the year.
All your dining transactions get 5% cash back all year round. School expenses and overseas transactions get a 1% cash back on certain months, and all other transactions get a 0.5% cash back.
Eligible transactions are online transactions, straight purchases, and foreign currency transactions. There’s no minimum spend, as long as you spend on the cash back category on the given period.
The maximum cash back that you can earn is 1,200 PHP per month. You can check out the table below as a guide.
| Cash Back Category | Cash Back | Spend Period |
| Dining | 5% | January to December |
| Back to School (including transactions at department stores) | 1% | May, June, July, and August |
| Overseas | 1% | January, April, May, and December |
| All Other Transactions | 0.5% | January to December |
Principal annual membership fee: 2,500 PHP
Supplementary annual membership fee: 1,250 PHP
Interest: 3.50%
Monthly income requirement: 16,700 PHP
Security Bank Complete Cash Back MasterCard
With Security Bank’s Complete Cash Back Mastercard, you get cash back when you spend on any of what they call Five Essentials: groceries, gas, utilities, dining, and shopping.
| Five Essentials | Cash Back Rate |
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Only local transactions and retail purchases will earn cash back. Overseas or online purchases will not earn cash back even if they are charged in PHP.
Online purchases, mail order, telephone order, and recurring payment transactions are also not eligible to earn cash back.
Features like cash advances, balance transfer, Ready Cash transactions, and annual card membership renewals and other fees are also excluded.
Utility bills enrolled in Bills Assist are not qualified, but you can earn cash back on utilities payments when you go to the merchant and swipe your card at the point of sale.
You can also earn cash back on in-store installment purchases. Cash back will be awarded with every billed amortization.
Only the principal card shall be credited with the cash back.
Principal annual membership fee: 3,000 PHP
Supplementary annual membership fee: 1,500 PHP
Interest: 3.5%
Monthly income requirement: 30,000 PHP
BDO American Express Cash Back
Another credit card that allows you to earn cash back without any minimum spend is the BDO American Express Cash Back card.
Shop locally and earn a 1% cash back, and get 2% cash back when you spend overseas.
If you’re a new credit cardholder, you can also enjoy a 5% cash back within the first 3 months of credit card issuance.
Principal annual membership fee: 3,000 PHP
Supplementary annual membership fee: 1,500 PHP
Interest: 3.50%
Monthly income requirement: 35,000 PHP
Maybank Platinum Mastercard/ Platinum Visa
If you frequently travel abroad, you will be pleased to know that aside from earning miles or TREATS Points, you also earn a 1% cash back on all your spending overseas.
There’s no shortage of shops, restaurants, and other establishments which you can spend on because the Maybank Platinum cards are accepted in more than 20 million locations in the world.
They also offer one of the lowest conversion fees to help you stay within budget as you spend with every place that you visit.
There’s no minimum spend requirement, but the maximum cash back that you can earn is 12,000 PHP on retail transactions.
Principal annual membership fee: 3,000 PHP
Supplementary annual membership fee: 1,500 PHP
Interest: 3%
Monthly income requirement: 50,000 PHP
EastWest Visa Platinum
With the EastWest Visa Platinum, you earn a cash back of 3% as Cash Rewards for all your straight charges at shopping and dining establishments.
Receive a 0.3% cash back when you spend at all other establishments. You can refer to the sample computation below for guidance. Note that these are sample figures only.
| Single-Receipt Transactions for the Month | Amount | Cash Rewards Earned |
| Clothes – Department Store | 10,000 PHP | 300 PHP |
| Dinner for 5 at a Korean barbecue grill | 5,000 PHP | 150 PHP |
| Shoes from a specialty store | 4,000 PHP | 12 PHP |
| One week’s worth of gas | 1,000 PHP | 3 PHP |
| Vitamins from the drugstore | 2,000 PHP | 6 PHP |
| One week’s worth of groceries | 2,500 PHP | 7.50 PHP |
| TOTAL | 24,500 PHP | 478.50 PHP |
Principal cardholders also receive an additional 2.7% Cash Rewards for completed eligible transactions amounting up to 15,000 PHP under the Promoted Categories.
These Promoted Categories are department stores and dining establishments such as restaurants, bars, discos, and lounges.
You can see your earned Cash Rewards on your statement of account. Should you wish to redeem them, you must have at least 500 PHP Cash Rewards saved up.
Once you have made a redemption, they will be credited to your account as cash credits.
Cash Rewards will expire on the 24th month from the card approval or card renewal month.
Principal annual membership fee: 2,750 PHP
Supplementary annual membership fee: 1,375 PHP
Interest: 3.50%
Monthly income requirement: 150,000 PHP
Choose a cash back credit card based on how you spend and on the spending category that you spend on the most. There’s no credit card that’s perfect for everyone, but these no minimum spend cash back cards are truly great options.