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SulitCard
Illustration, not the bank's artwork.

Metrobank · Mastercard

M Free MC

Why pick it: No fee for life, 0% installments and Cash2Go

Mastercard with no annual fee for life; 0% installments, Cash2Go and balance transfer offers; no rewards program.

Score
17 /100
Rank
#106 of 123
Annual fee
Free for life
Solid D
SKIP ITHonest take

Libre habambuhay ang annual fee at may 0% installments, pero hindi ito card para sa rewards o abroad.

Bottom line: Kailangan mo ba ng free backup card para sa installments? Okay lang ito. Kung rewards ang hanap mo, hindi ito ang card.

Read the full take: the math, what's good, what hurts

Wala itong rewards program, from our data, at wala ring rewards sa page. Sa typical household (~₱825k a year), travel value: ~-₱2,500, lugi dahil sa foreign transaction fee. Sa open list, #106 ang card mula sa 123, at 17 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

  • Perpetually waived ang annual fee, ayon sa rates-and-fees page.
  • 0% installment programs, plus Cash2Go to turn part of your credit limit into cash.
  • May balance transfer sa rate na as low as 1% per month.
  • Income requirement: ₱446,000 a year.

What's bad

  • Hindi lumalabas sa page ang rewards, at ayon sa data, wala ang card sa redemption tables ng Metrobank Rewards.
  • Nasa 3.50% ang foreign transaction fee, ayon sa rates-and-fees page. Hindi ito bagay gamitin overseas.
  • Hindi ito pang-first card: kailangan mo ng card mula sa ibang bank na hawak mo nang 9+ months, may ₱25,000 limit.

The catch: Ang 3.50% ay 1% cross border fee plus 2.50% forex processing fee, ayon sa rates-and-fees page, hindi sa card page. Kailangan ding 6 months ka nang regular employee, at 18 hanggang 70 ang age.

Rechecked on the bank page on 2026-10-24. Not on the page: rewards or earn rate (our data says no rewards program); foreign fee (seen on rates-and-fees page). 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 −₱3,000 in rewards (−₱500) and travel value (−₱2,500), before the card's fees (no annual fee)
To qualify:
₱446,000 a year income; Needs another bank's credit card held 9+ months, ₱25k+ limit
Bank service:
About typical.
Score breakdown, fees, rewards and perks

Score breakdown

#106 of 123 cards open to new applicants, and #147 of all 170 scored cards once invite-only, closed and limited-eligibility cards are counted too.

  • Yearly value0 / 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 spend0 / 37

      No rewards on the typical household's spend after 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 spend0 / 10

      About −₱2,500 of travel value on one trip abroad a year, after the 3.50% foreign fee. How the bars work

  • Promos and 0% installments11 / 15

    0% installment network: fair. Promos: strong, judged by what a typical household would likely save from the promos this card gets, past and current, with 37 live promos tracked. How it is scored

  • Points flexibility0 / 10

    No rewards, so nothing to redeem. How it is scored

  • Credit limit and upgrade path3 / 5

    No standard card level. The score also reflects how Metrobank handles credit limit increases and card upgrades. How it is scored

  • App and service2 / 5

    Banking app: average. Service: about typical. How it is scored

  • Late fee1 / 2

    A late fee of ₱1,000 for one missed payment. How it is scored

On the default spend: about −₱500 a year in rewards and −₱2,500 in travel value.

Score over time

Total score and tier on each data date, on the default spend.

methodmethodmethodmethod34 DOct 2434 DOct 2617 DOct 2716 DNov 216 DNov 417 DNov 917 DNov 1017 DNov 11
  • 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
3.50%
Minimum income
₱446,000 a year
Also needs
Needs another bank's credit card held 9+ months, ₱25k+ limit

Rewards

No rewards program. The card is not in any Metrobank Rewards redemption table.

Type
Points
Points expiry
none

Travel perks

International lounge visits
None
Local lounge
None
Travel insurance
None

Strengths

  • No annual fee for life

Watch out for

  • High FX fee (3.50%): avoid using it abroad

Live and upcoming promos (37)

As of Nov 11, 2026. Check each promo's source before you rely on it.

Show 32 more

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.

Official Metrobank card page ↗