Metrobank Hype Card: fees, interest and requirements
The Metrobank Hype Card has an annual fee of ₱1,500 a year, waived in the first year and charges 3% a month on unpaid balances.
Verdict: Worth it if the points you redeem are worth more than ₱1,500 a year. The first year is free. Skip it if you spend a lot abroad (3.5% foreign fee).
From Metrobank credit card rates and fees, dated 15 June 2026. Interest cap, in force since 2023: BSP Circular No. 1165, s.2023.
₱20,000 repaid in 3 equal monthly payments at 3% a month costs ₱1,212 in interest; add the ₱1,500 annual fee and a year comes to ₱2,712, 24th lowest of 127 cards open to the public (tied with 7).
BSP supervised: Metropolitan Bank and Trust Company, universal and commercial bank, BSP institution ID 33, is on the BSP Verifier list dated Sep 28, 2026.
What the Metrobank Hype Card gives you
- Get 1 reward point for every PHP 20 spend, so your everyday purchases give back Metrobank page
- 0% installment programs same page
- Access special offers, discounts, and deals exclusively for Metrobank cardholders same page
Who should get the Metrobank Hype Card
| If | Then |
|---|---|
| You pay in full every month and want a rewards points card | The EastWest Puregold Always Panalo Visa (EastWest) needs ₱480,000 a year in income and costs ₱300 a year less. Pick the Metrobank Hype Card only if its rewards are worth more than that to you. |
Metrobank Hype Card downsides, and what a late payment costs
- The ₱1,500 fee is charged every year after the waiver ends.
- Foreign currency purchases cost 3.5% extra.
If you pay late: Metrobank charges up to ₱1,000, and 3% a month interest runs on what is unpaid. Safe action: pay at least the minimum due (₱1,000 on a ₱20,000 statement) by the due date, or the full balance to pay no interest.
Metrobank Hype Card annual fee, interest and charges
| Charge | Metrobank Hype Card | When, and the rule |
|---|---|---|
| Annual fee | ₱1,500 a year Supplementary: ₱800 a year | Waived in the first year. Supplementary: free for life annual fee for the first supplementary card. Fee table: Primary: PHP 1,500 (waived on 1st Year); supplementary: PHP 800 (FREE for life annual fee for the first Supplementary Card)Metrobank fee table, 15 June 2026 |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same table |
| Cash advance | ₱200 a withdrawal plus 3% a month interest | The BSP maximum (Circ. 1165). same table |
| Minimum due | ₱1,000 on a ₱20,000 first statement | Paying only the minimum, ₱20,000 takes about 31 months to clear and about ₱10,999 in interest. How Metrobank bills. same table |
| Late payment | ₱1,000 | same table |
| Foreign transactions | 3.5% | same table |
Figures from Metrobank credit card rates and fees (dated 15 June 2026). BSP ceilings: BSP Circular No. 1165, s.2023. How Metrobank words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: Metrobank billing rules.
Requirements and how to apply
Apply with the button below. Channels, documents, status and hotline: Metrobank contact and requirements.
Interest on your own balance
- Interest you pay at 3% a month:
- ₱1,212
- Monthly payment:
- ₱7,071
- Total you pay:
- ₱21,212
Against similar cards from other banks
| Card | Annual fee | Interest a month | ₱20,000 over 3 months, plus fees | Minimum income |
|---|---|---|---|---|
| Metrobank Hype Card Metrobank | ₱1,500 a year first year free | 3% | ₱2,712 | - |
| UnionBank Classic Visa UnionBank | ₱1,500 a year | 3% | ₱2,712 | ₱360,000 a year |
| UnionBank PlayEveryday Credit Card UnionBank | ₱1,500 a year | 3% | ₱2,712 | ₱360,000 a year |
| EastWest Privilege Mastercard EastWest | ₱1,500 a year first year free | 3% | ₱2,712 | ₱480,000 a year |