Freedom MC
China Bank · Mastercard
Freedom MC
Why pick it: No annual fee for life, plus 0% installments
No-annual-fee-for-life basic card: 1 point per ₱30 with low redemption value; 0% installments, balance transfer and transaction conversion.
- Score
- 16 /100
- Rank
- #108 of 123
- Annual fee
- Free for life
Free for life ang annual fee, pero halos wala ang balik. At best, backup card lang.
Bottom line: Skip, maliban kung free backup card lang ang gusto mo. Kahit ganun, pumili muna ng card na may totoong rewards.
Read the full take: the math, what's good, what hurts
Sa typical household (~₱825k a year), balik na ~₱500 sa buong taon ang makukuha, at ~-₱1,500 naman sa travel, negative dahil sa 2.50% na singil sa foreign spend (galing sa data). Sa open list, #108 ang puwesto nito sa 123 cards, at 16 ang score.
The numbers in this take are our estimates for a typical household, not bank policy. Check fees and waivers with the bank.
What's good
- Annual fee waived perpetually, per the page.
- 1 point per ₱30 ang earn sa qualified spend.
- May 0% merchant installment, balance transfer, at transaction conversion.
What's bad
- Ayon sa data, kailangan mo ng card mula sa ibang bank na hawak mo nang 12+ months.
- Per the Rewards T&C, auto-charge bills, installments, wholesale clubs and some utilities earn no points.
The catch: Wala sa page ang foreign fee, ang income requirement at ang 12-month other-card rule. Mula sa data ang 2.50% at ang ₱250,000 a year, kaya mag-check ka sa bank bago mag-apply.
Rechecked on the bank page on 2026-10-24. Not on the page: foreign fee; minimum income; 12-month other-card rule. Our opinion, based on published terms. Not financial advice. The bank decides approval.
The take above is written for a typical household spending about ₱825,500 a year. Get your own score in 60 seconds.
- Yearly value for a typical household:
- about −₱1,000 in rewards (₱500) and travel value (−₱1,500), before the card's fees (no annual fee)
- To qualify:
- ₱250,000 a year income; Must hold another bank's principal card 12+ months
- Bank service:
- About typical.
- Banking app:
- Its banking app's store ratings have dropped over the last 90 days (as of Oct 29, 2026).
Score breakdown, fees, rewards and perks
Score breakdown
#108 of 123 cards open to new applicants, and #149 of all 170 scored cards once invite-only, closed and limited-eligibility cards are counted too.
- Yearly value3 / 63
These bars compare each part with other cards on its own, so they don't add up to Yearly value. How it is scored
- Rewards on the default spend1 / 37
About ₱500 a year in rewards on the typical household's spend, after caps and the foreign fee on foreign online spend. How the bars work
- Annual fee after waivers16 / 16
No annual fee. How the bars work
- Travel and perks on the default spend1 / 10
About −₱1,500 of travel value on one trip abroad a year, after the 2.50% foreign fee. How the bars work
- Promos and 0% installments5 / 15
0% installment network: fair. Promos: weak, judged by what a typical household would likely save from the promos this card gets, past and current, with 20 live promos tracked. How it is scored
- Points flexibility1 / 10
4 airline partners, and points that do not expire. It counts for less here because the card earns little back on this spend. How it is scored
- Credit limit and upgrade path3 / 5
No standard card level. The score also reflects how China Bank handles credit limit increases and card upgrades. How it is scored
- App and service3 / 5
Banking app: average. Service: about typical. How it is scored
- Late fee1 / 2
A late fee of ₱750 for one missed payment, or the unpaid minimum due if that is lower. How it is scored
On the default spend: about ₱500 a year in rewards and −₱1,500 in travel value.
Score over time
Total score and tier on each data date, on the default spend.
- Between Oct 24 and Oct 26 the scoring method changed (2 changes), so part of that move is the method, not the card.
- Between Oct 26 and Oct 27 the scoring method changed (10 changes), so part of that move is the method, not the card.
- Between Nov 2 and Nov 4 the scoring method changed (a card with a higher income minimum for first-time applicants is no longer left out), so part of that move is the method, not the card.
- Between Nov 10 and Nov 11 the scoring method changed (3 changes), so part of that move is the method, not the card.
- Method changes
Fees and who can apply
- Annual fee
- Free for life
- Supplementary fee
- ₱0
- Fee waiver
- No annual fee
- Foreign transaction fee
- 2.50%
- Minimum income
- ₱250,000 a year
- Also needs
- Must hold another bank's principal card 12+ months
Rewards
1 point per ₱30. Auto-charge bill payments, installments and wholesale clubs earn nothing.
- Type
- Points
- Points expiry
- none
- Airline partners
- Asia Miles, PAL Mabuhay Miles, KrisFlyer, airasia points
Travel perks
- International lounge visits
- None
- Local lounge
- None
- Travel insurance
- None
Strengths
- No annual fee for life
- Points don't expire; 4 airline partners
Live and upcoming promos (20)
As of Nov 11, 2026. Check each promo's source before you rely on it.
- MastercardEnds Mar 31, 2027Register firstAll Mastercard cards, any bank
- China BankEnds Dec 31, 2026All China Bank credit cards
- China BankEnds Dec 30, 2026All China Bank credit cards
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- China BankEnds Dec 30, 2026All China Bank credit cards
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- China BankEnds Dec 15, 2026Register firstAll China Bank credit cards
- China BankEnds Dec 31, 20265 China Bank cards: Wealth World Elite MC, World MC, Platinum MC…
- China BankEnds Dec 31, 2026All China Bank credit cards
- China BankEnds Nov 30, 2026All China Bank credit cards
- China BankEnds Nov 30, 2026All China Bank credit cards
- MastercardEnds Dec 31, 2026All Mastercard cards, any bank
- China BankEnds Dec 31, 2026All China Bank credit cards
- iPhone 18 Pro series at 0% for up to 24 months at Silicon Valley (exclusive Chinabank prices)Score 45China BankEnds Dec 31, 2026All China Bank credit cards
- China BankEnds Dec 31, 2026All China Bank credit cards
- China BankEnds Nov 30, 2026All China Bank credit cards
What cardholders say (0)
Individual accounts, read by us before they appear but not checked with the bank. They never change this card's score.
No cardholder posts yet.