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SulitCard
Illustration, not the bank's artwork.

PSBank · Mastercard

Credit MC

Why pick it: No annual fee for life, plus 0% installments

Mastercard issued by Metrobank under a PSBank cross-selling arrangement: no annual fee ever, no rewards program, 0% installments at partners.

Score
11 /100
Rank
#115 of 123
Annual fee
Free for life
Solid D
SKIP ITHonest take

Free for life per the page, pero hindi nakalista ang rewards. Installments ang main use.

Bottom line: Kung libreng card para sa installments ang kailangan mo, puwede ito. Kung gusto mong may balik ang gastos mo, humanap ng ibang card.

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

Rewards value is -₱500 for a typical household (~₱825k a year), and travel value is -₱2,500, both galing sa data. Ang fee cost mo ay ₱0. Nakakuha ito ng 11 na score, kaya #115 sa 123 cards.

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

  • Per the page, there is no annual fee for life.
  • 0% installment on items sa partner stores.
  • Available ang PayNow, balance transfer (mula 1% a month) at balance conversion.

What's bad

  • Walang nakasaad na rewards o points sa page.
  • Malaki ang singil sa foreign spend: 3.50%, mula sa data, at wala ito sa page.
  • Hindi ito pang-first card: you need another bank's card held for at least 9 months, with a limit of at least ₱50,000.
  • Kailangan mo ng ₱350,000 a year in income.

The catch: Mula sa data ang rewards value; kung may rewards man, hindi namin nakita sa page. Nasa Metrobank site ang page dahil cross-selling arrangement ito ng PSBank at Metrobank. Ayon sa page, 18 hanggang 70 taong gulang ang puwede, at kailangan mong maging regular employee nang at least 6 months.

Rechecked on the bank page on 2026-10-24. Not on the page: foreign fee; rewards or earn rate. 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:
₱350,000 a year income; Needs another bank's credit card held 9+ months, ₱50k+ limit
Bank service:
About typical.
Score breakdown, fees, rewards and perks

Score breakdown

#115 of 123 cards open to new applicants, and #162 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% installments6 / 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 15 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 PSBank handles credit limit increases and card upgrades. How it is scored

  • App and service2 / 5

    Banking app: basic. 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 2613 DOct 2712 DNov 212 DNov 411 DNov 911 DNov 1011 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
₱350,000 a year
Also needs
Needs another bank's credit card held 9+ months, ₱50k+ limit

Rewards

No published rewards earn rate. Perks are 0% installments at partner stores, PayNow, balance transfer and balance conversion.

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 (15)

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

Show 10 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 PSBank card page ↗