Metrobank M Free Mastercard review, fees and requirements
A no-fee second card once you have a year of card history. You must already hold another bank’s card for 9+ months with a ₱25,000+ limit.
Card image: MetrobankBenefits of the M Free Mastercard
From Metrobank’s own card page.
- No annual fee for life
- Metrobank card promos and installment deals
A no-fee second card once you have a year of card history.
You must already hold another bank’s card for 9+ months with a ₱25,000+ limit.
What it costs
- Annual fee
- No annual feeNo annual fee for life
- Supplementary card
- Ask the bank
- Interest
- Up to 3% a month (BSP cap)Only if you don’t pay the full balance by the due date
- Late payment
- Ask the bank
- Cash advance
- Ask the bankPlus interest from day one
- Foreign currency
- Ask the bank
What Metrobank asks for
- Gross income of about ₱37,167 a month (₱446,000 a year)
- An existing credit card from another bank (see the bank’s page for how old and what limit)
- A valid government ID and proof of income (payslips, COE or BIR Form 2316; ITR if self-employed)
- Age 21 or older is the usual rule for principal cardholders; check the bank’s form
Approval is the bank’s call. Applying where your salary or savings already are helps.
Cards to compare with the M Free Mastercard
Similar cards from other banks, and the next level up.
Families who spend a lot on groceries.
- 4% cashback at supermarkets
- 1% cashback at drugstores and on utilities
- 0.3% cashback on other local spend
- Annual fee
- ₱2,050/yrBPI fee table
- Income needed
- ₱15,000/moFrom listings; ask BPI
Cashback has caps. Check BPI’s maximum against what you really spend at the supermarket.
See it on BPI Partly from the bank · confirm the rest · November 2026A mid-tier card from Security Bank.
- Annual fee
- ₱2,500/yr
- Income needed
- ₱30,000/mo₱360,000 a year
Figures from a 2025 fee table; confirm with Security Bank.
See it on Security Bank From comparison listings · confirm with the bank · November 2026People who shop on Lazada often.
- Annual fee
- ₱3,000/yr
- Income needed
- ₱30,000/mo₱360,000 a year
Only worth it if Lazada is a big part of your spending.
See it on UnionBank From comparison listings · confirm with the bank · November 2026
Metrobank M Free Mastercard: questions
No annual fee for life. Check Metrobank’s page before applying; fee waivers can be promos.
About ₱37,200 a month (₱446,000 a year), as published by Metrobank. Banks also look at your credit record and existing cards.
No. Metrobank asks applicants to already hold another bank’s credit card (see the requirements above). Start with a no-fee starter card first.
How this page works. Figures come from Metrobank’s own pages, checked November 2026. Banks change fees and rules and decide approvals case by case, so confirm on Metrobank’s page before you apply. If the button above is a partner link it says so; PesoPilot may earn a fee when an application is approved, at no cost to you, and it never changes what we say about a card. Educational, not financial advice.