Metrobank World Mastercard: fees, interest and requirements
The Metrobank World Mastercard has an annual fee of ₱6,000 a year, waived in the first year, charges 3% a month on unpaid balances and needs a minimum income of ₱700,000 a year.
Verdict: Worth it if you fly often enough that its miles or lounge access are worth more than ₱6,000 a year to you. The first year is free. Skip it if you earn under ₱700,000 a year.
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 ₱6,000 annual fee and a year comes to ₱7,212, 118th lowest of 127 cards open to the public (tied with 6).
Metrobank's closest card is the Metrobank Platinum Mastercard. Against it, this card costs ₱6,000 a year instead of ₱5,000, charges 1.85% on foreign purchases against 3.5% and has different perks.
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 World Mastercard gives you
- PHP 20 = 3 points on foreign currency spend; PHP 20 = 1 point on other categories; 2.5 points = 1 air mile Metrobank page
- 1 air mile per PHP 17 foreign currency, hotel stays, and online transactions same page
- 1 air mile per PHP 50 spend on other categories same page
- Up to 50% off on deals here and abroad same page
- Unlimited local lounge access at PAGSS same page
Who should get the Metrobank World Mastercard
| If | Then |
|---|---|
| You pay in full every month and want a travel and miles card | The Maya Black Credit Card (Maya) asks the same or a lower income and costs ₱6,000 a year less as long as you use it monthly. Pick the Metrobank World Mastercard only if its rewards are worth more than that to you. |
Metrobank World Mastercard downsides, and what a late payment costs
- The ₱6,000 fee is charged every year after the waiver ends.
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 World Mastercard annual fee, interest and charges
| Charge | Metrobank World Mastercard | When, and the rule |
|---|---|---|
| Annual fee | ₱6,000 a year Supplementary: ₱3,000 a year | Waived in the first year. Supplementary: free for life on the first two supplementary. Fee table: Primary: 6,000 (waived on 1st Year); supplementary: PHP 3,000 (Free for life on the First Two Supplementary)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 | 1.85% | same table |
Figures from Metrobank credit card rates and fees (dated 15 June 2026), Metrobank credit card comparison. 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
Income: at least ₱700,000 a year (about ₱58,333 a month). bank page
Apply with the button below. Channels, documents, status and hotline: Metrobank contact and requirements.
Apply for the Metrobank World Mastercard on Metrobank's site
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 World Mastercard Metrobank | ₱6,000 a year first year free | 3% | ₱7,212 | ₱700,000 a year |
| UnionBank Miles+ Visa Signature UnionBank | ₱5,000 a year | 3% | ₱6,212 | ₱360,000 a year |
| UnionBank Miles+ World Mastercard UnionBank | ₱5,000 a year | 3% | ₱6,212 | ₱360,000 a year |
| UnionBank Go Rewards Platinum Visa UnionBank | ₱5,000 a year | 3% | ₱6,212 | ₱600,000 a year |