It can be daunting to choose the right credit card, especially if it’s your first time to get one. With a lot of credit card offers online and in malls, you need to take a step back and give it a lot of thought before you fill out the application form.
Here’s a rundown of Metrobank and PSBank credit cards that you may want to explore. Metrobank is one of the biggest commercial banks in the Philippines that offer different types of credit cards.
PSBank or Philippine Savings Bank is a subsidiary of Metrobank and the second-largest savings bank in the Philippines. The bank offers only one credit card, so we also included it in our list.
We don’t want to overload you with information about these 16 credit cards. So we highlighted the key benefits and features of each one to help you decide in the future.
But first, make sure you meet the minimum annual income requirement. Second, choose a credit card that will help you manage your expenses. Last but not the least, pick one that will give you perks and privileges based on your lifestyle and spending.
Best Metrobank credit cards in the Philippines
There are three credit card types: rewards, air miles, and cashback. From shopping to dining and travelling, find out which one is “The One” for you.
We included the PSBank Credit Mastercard since this is a cross-selling arrangement between Philippine Savings Bank and Metrobank Card Corporation.
Metrobank/PSBank Credit Card | Key Benefits |
Metrobank Classic Mastercard/Visa | Earn 1 point for every P20 spend; 0% instalment plan up to 24 months at participating merchants and partners; convert points to Frequent Flyer miles |
Metrobank Femme Visa | Earn 1 point for every P20 spend; 0% instalment plan up to 24 months at participating merchants and partners; convert points to Frequent Flyer miles; discounts and privileges at M Here partners and establishments, and various spas and salons |
Metrobank M Lite Mastercard | Earn 1 point for every P20 spend; 0% instalment plan up to 24 months at participating merchants and partners; low interest at 2.49% |
Metrobank ON Internet Mastercard | Ideal for internet shopping; earn 1 point for every P20 spend; redeem points for online shopping credits, 10,100 points is equivalent to P500 online shopping credits |
Metrobank M Free Mastercard | 0% instalment plan up to 24 months at participating merchants; no annual fee for life |
Metrobank Toyota Mastercard | Earn 1 point for every P20 spend; 0% instalment plan up to 24 months at participating merchants and partners; convert points to Frequent Flyer miles; double rewards point for every P20 at your preferred Toyota dealer; 10% discounts on genuine accessories, parts, and services at all Toyota dealers; 3% fuel rebate at participating Petron stations; 24/7 roadside assistance |
PSBank Credit Mastercard | 0% instalment plan up to 24 months at participating merchants and partners; no annual fee for life |
Metrobank Classic Mastercard/Visa
The Metrobank Classic Mastercard is one of Metrobank’s entry-level credit cards that offers the basic features of regular credit cards.
When it comes to earning points, Metrobank has the lowest rewards points multiplier compared to other banks. Every P20 spend earns you 1 point. Most Metrobank cards have this rewards point multiplier unless otherwise stated. (e.g. Robinsons Card and Travel Platinum Visa have different points multipliers).
The minimum annual income requirement for this card is P180,000.
For first-time credit cardholders, this card offers the basic features to help you build a good credit history. You can also use your rewards points to waive your annual fee with this card.
Metrobank Femme Visa
To all the ladies in the house, here’s a card for you. Metrobank Femme Visa offers you beauty, wellness, and shopping privileges. Most of the basic features, like how you earn rewards points, is almost the same as the Classic card. Every P20 spend earns you 1 reward point.
The minimum annual income requirement is P180,000.
For women who love to enjoy the privileges, perks, and pleasures of spas, salons, and skin clinic treatments, this card is a must-have. Just make sure you swipe responsibly!
Metrobank M Lite Mastercard
Are you a first-time credit cardholder? Do you consider yourself a wise spender? You may want to explore the features of Metrobank M Lite Mastercard.
What you’ll love about this card is its low monthly effective interest rate of 2.78%.
For your big purchases, you can use the 0% instalment plan for up to 24 months. You can choose either 3, 6, 9, 12, 18 or 24-month instalment terms when you use this card at participating merchants and stores.
The minimum annual income requirement is P200,000.
Metrobank ON Internet Mastercard
If you love online shopping, this card is for you. It provides secure online transactions, and you can convert your earned points into online shopping credits.
Enjoy the 12% off promo at Zalora for a minimum purchase of P500 if you use this card for your purchases until December 31, 2020.
The minimum annual income requirement is P180,000.
For shopper, gamers, and freelancers who do a lot of online transactions, this can be a good fit.
Metrobank M Free Mastercard
Most of the perks and key features of this card are similar to those offered by the Classic Card. But one thing that sets it apart is that it has no annual fee.
If you don’t like paying for annual fees and want an entry-level credit card to ensure you’re still on top of your finances, this one’s a grab.
The minimum annual income requirement is P180,000.
Metrobank Toyota Mastercard
The Toyota Mastercard shares almost the same basic features of the Metrobank Classic, such as the instalment program of up to 24 months with 0% interest, as well as earning 1 reward point for every P20 spend.
Points can also be converted into air miles.
But what makes this card unique is the 10% discount that Toyota car owners can enjoy for parts, accessories, and labour, as well as double rewards points if you use the card to pay for bills and purchases at preferred Toyota branches nationwide.
It also offers a 3% fuel rebate if you refuel at any of the 500 participating Petron stations.
The minimum annual income requirement is P180,000. It’s an ideal card for motorists, specifically Toyota car owners.
PSBank Credit Mastercard
Here’s another credit card that also offers a free annual fee for life.
The PSBank Credit Mastercard is an entry-level credit card ideal for first-time cardholders. It’s also recommended for those who don’t want the burden of paying annual fees.
You can use this for general expenses, like groceries and utilities. While it doesn’t offer any cash rebates or special promos, this is a card that will help you jumpstart and help you build good credit.
The minimum annual income requirement is P180,000.
Other Metrobank credit cards for Filipinos
Metrobank Peso Platinum Mastercard – Earn 1 point for every P20 spend. You also get 3x rewards points when you shop at Rustan’s Department Store. Avail of the 0% instalment plan up to 24 months at participating merchants and partners. The first supplementary card also has no annual fee for life. Furthermore, you get access to 24-hour VIP concierge services.
Metrobank Travel Platinum Visa – This is an air mile credit card for frequent travellers. You earn 1 mile for every P17 you spend overseas – from airline tickets to hotel accommodations and more. It offers free travel insurance with up to P5 million coverage if you use it to book your flights.
Metrobank Femme Signature – It’s an exclusive card for women that offers rewards for hotel accommodations, spa and salon spending, and hospital bills. You have access to 24-hour VIP concierge services. It also offers free travel insurance with up to P5 million coverage, just like the Travel Platinum Visa. Book flights using this card to be covered with the free accidental death/disablement travel insurance.
Metrobank Dollar Mastercard – If most of your purchases are overseas, you can use this card to save a few pesos because of the fluctuating conversion rates between the Philippine Peso and the US Dollar.
Metrobank World Mastercard – This card is ideal for frequent travellers who like to go overseas and for people who like the luxurious lifestyle. You can get rebates with particular merchants and partners in Australia, Japan, Macau, Hong Kong, Singapore, the United Kingdom, and the United States.
Robinsons Mastercard – It’s the ideal credit card for shopping because it offers rewards, rebates, and discounts. You can get the credit back option for a minimum of P500 accumulated shopping points and convert them into cash rebates.
500 shopping points = P250 cash credit (1 shopping point for every P200 you spend anywhere for the Classic Mastercard)
Metrobank Icann-Serve Femme Visa – Donate your points to ICANServe Foundation Inc. to support the programs helping women diagnosed with or living with breast cancer.
The Bistro Group Visa – It’s your dining companion that gives you discounts on your food bill, like 20% off at any Bistro Group restaurants nationwide (T.G.I. Fridays, Bulgogi Brothers, Fish & Co., Seafood in a Pan, and Watami to name a few).
What do you think of this list? Which Metrobank credit card do you think is worth applying for?