Security Bank Wave Mastercard

MastercardCashbackNot available

Wave Mastercard is a no annual fee card that offers 1% cashback on online purchases with a maximum rebate of PHP3,000 per year, designed for everyday online shoppers who want to earn rewards without paying annual fees.

Annual fee: Free
Min. income: ₱360K
Live deals: 80

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Why this card

Highlights

1% cashback on online spend (up to PHP3,000 annually)
No annual fee forever
Minimum PHP1,000 spend per transaction to earn
E-Commerce Purchase Protection insurance up to USD200
Local airport lounge access at preferential rate
Up to 5 supplementary cards

Perks

What you get

Lounges

Local airport lounge access at preferential rate (A Lounge, Marhaba Lounge, PAGSS Lounge)

Insurance

E-Commerce Purchase Protection insurance up to USD200 coverage when shopping online

Worldwide Mastercard acceptance at affiliated merchants
Exclusive Mastercard promos and discounts at favorite shops and restaurants
Up to five supplementary cards available

Rewards

How rewards work

1Maximum rebate amount of PHP3,000 per annum
2Minimum PHP1,000 spend per transaction required to earn
3Rebates credited to account on the 2nd day of each month for previous month's transactions
4Maximum accumulated rebate per month is PHP250
5Rebates shared between principal and supplementary cardholders under same cap
6Only online transactions qualify (including overseas online transactions)
7In-store transactions and utilities enrolled in Bills Assist do not earn rebates
8Rebates are not convertible to cash or transferable to other cards

1% cashback on online purchases

Who can apply

Age 21 to 65
Filipino Citizen and Philippine Resident
Employed as a Regular Employee for at least 1 year or Self-Employed Profitably for at least 3 years
For Self-Employed: must be a Security Bank depositor for at least 12 months
Must have a landline number and email address
Cannot apply if you have an active Security Bank Complete Cashback Platinum Mastercard or Security Bank Next Mastercard (should request conversion instead)
Cardholders with active Classic, Gold, Platinum, or World Mastercard may apply as a second card subject to credit evaluation

What you'll need

Government-issued Photo-bearing ID
For Employed applicants: 1 month Payslip or Signed Certificate of Employment (COE) or Income Tax Return (ITR)
For Self-employed applicants: Income Tax Return (ITR), 2 years Audited Financial Statements (AFS), Business Permit, and DTI/SEC Registration

Read from Security Bank's official pages on Oct 6, 2026. Banks change their terms, so confirm on the official page before you apply.

Security Bank Wave Mastercard

80 deals for this card

Grand Baby Fair

Shopee 10.10

Trip 10.10 Mega Sale

Charlie’s El Nido Resort

Sportshouse

Grand Hyatt Manila

The Lake Hotel Tagaytay

Mireio

RM-16

The Vault

Tittos Latin BBQ and Brew

Nice Print Photography

JBL

Shinagawa Lasik and Aesthetics

Charles Tyrwhitt

Huawei Watch Gt 7

Nustar

Swipe Essentials, Score eGCs

Mastercard x Emirates

Astoria

Club Wyndham

LeBlanc

ACEA Subic Beach Resort

Spectrum

Highlights

What you get

How rewards work