Best Rewards Credit Cards With the Highest Points Conversion
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Best Rewards Credit Cards With the Highest Points Conversion in the Philippines (2025 Guide)
If you’re a first-time credit card user in the Philippines, you’ve probably heard about rewards points — but do you really know how to maximize them? 🤔
Imagine earning free flights, gift certificates, shopping vouchers, or even cashback just by using your credit card for your daily expenses. Sounds good, right? But here’s the thing: not all rewards credit cards are created equal. Some offer better points conversion rates than others, which means you get more value for every peso spent.
In this guide, we’ll break down the best rewards credit cards in the Philippines with the highest points conversion, explain how points work, share tips to maximize your rewards, and help you choose the perfect card for your lifestyle.
What Are Credit Card Reward Points?
Credit card reward points are incentives banks give you whenever you use your credit card. For example:
Spend ₱50 → Earn 1 reward point
Collect 1,000 points → Redeem ₱500 worth of shopping vouchers
But the conversion rate differs per card. Some banks give better value, while others require you to spend more before you earn meaningful rewards. That’s why choosing the right rewards credit card is important, especially if you want to maximize your purchases.
Best Rewards Credit Cards in the Philippines (2025)
Here’s a curated list of the top rewards credit cards in the Philippines, focusing on points-to-value conversion:
Credit Card
Points Earning Rate
Points Conversion
Best For
Annual Fee
BDO Platinum Rewards Card
1 point per ₱40 spend
1 point ≈ ₱1
Shopping & travel
₱4,500
BPI Signature Card
1 point per ₱30 spend
1 point ≈ ₱1
High spenders
₱5,500
Citi Rewards Card
1 point per ₱30 spend
1 point ≈ ₱1
Lifestyle & dining
₱3,500
Metrobank Rewards Plus Visa
1 point per ₱20 spend
1 point ≈ ₱1
Grocery & shopping
₱2,500
RCBC Flex Gold Visa
1 point per ₱36 spend
1 point ≈ ₱1
Everyday expenses
₱3,000
HSBC Red Mastercard
4 points per ₱20 spend
4 points ≈ ₱1
Online shopping & travel
₱2,500
Pro Tip: If you want the best bang for your buck, look at the “Points Conversion” column. A lower spending requirement = faster rewards.
How Credit Card Reward Points Work
To make it easier, here’s a simple breakdown:
Step 1 — Spend on your card Every time you pay for groceries, gas, dining, or bills, you earn reward points.
Step 2 — Accumulate points Different cards give different points per peso spent. Example:
₱10,000 monthly spend × 1 point per ₱30 = 333 points per month.
Step 3 — Redeem rewards You can exchange points for:
Free flights ✈️
Shopping vouchers 🛍️
Gift cards 🎁
Cashback 💸
How to Choose the Best Rewards Credit Card
1. Check Your Spending Habits
If you spend mostly on groceries and essentials, choose a card with bonus points for supermarkets. If you’re into travel, pick a card that converts points into airline miles.
2. Compare Points Conversion Rates
Cards that give more points per peso = better value. For example:
Metrobank Rewards Plus: 1 point = ₱20 spend
BDO Platinum: 1 point = ₱40 spend Metrobank lets you earn rewards 2x faster.
3. Check Annual Fees
Some cards have high fees but better perks, while others are free-for-life. If you’re a beginner, start with a card that has low or waived annual fees.
Maximize Your Credit Card Reward Points
Here are 5 quick tips to get the most out of your card:
Use one primary rewards card – Focus your spending on one card to rack up points faster.
Pay your balance in full – Avoid interest charges eating up your rewards.
Look for partner promos – Many banks offer bonus points for specific merchants.
Redeem smartly – Use points for high-value rewards like travel or big discounts.
Track your points – Regularly check your bank app to avoid expired rewards.
Credit Card Cost Calculator 🧮
Before you choose your rewards card, you should calculate how much you’ll really spend and earn in points.
This helps you find out which rewards card gives you the most value based on your lifestyle.
Pros & Cons of Rewards Credit Cards
Pros
Cons
Earn free rewards & perks
Higher annual fees on premium cards
Great for frequent shoppers & travelers
Some cards have low points conversion
Exclusive promos & discounts
Points may expire
Helps build credit history
Overspending risk if not careful
TL;DR — Quick Summary
Rewards credit cards let you earn points for every purchase.
Choose a card with the highest points conversion for faster rewards.
Use the Credit Card Cost Calculator to compare cards.
Maximize your points by focusing on one card, redeeming wisely, and paying on time.
Frequently Asked Questions (FAQs)
1. What is the best rewards credit card in the Philippines?
It depends on your spending habits, but Metrobank Rewards Plus, Citi Rewards, and BDO Platinum Rewards are among the top picks.
2. Do credit card reward points expire?
Yes, some banks set an expiration period, usually 2–3 years. Always check your bank’s terms.
3. Is it better to get a cashback card or a rewards card?
If you want instant savings, go for cashback. If you prefer travel perks or freebies, choose rewards.
4. Can I use multiple rewards credit cards?
Yes, but if you’re a beginner, it’s better to start with one card so you can maximize points.
5. How do I apply for a rewards credit card?
Visit your preferred bank’s website, prepare your valid IDs, proof of income, and submit an application. Approval usually takes 3–7 business days.
Final Thoughts
Choosing the right rewards credit card in the Philippines can maximize your spending power and let you enjoy perks like free flights, shopping discounts, and cashback.
Start by checking your spending habits, compare points conversion rates, and use the Credit Card Cost Calculator to find the best value.
