Metrobank M Free Mastercard
- APR
- 24.0% – 36.0%
- Annual Fee
- $0
- Rewards
- Up to 1.0%
Enjoy a no annual fee credit card with M Rewards points for every purchase from Metrobank Philippines.
You'll be redirected to metrobank.com.ph
Our Verdict
The Metrobank M Free Mastercard is an economical choice for casual spenders looking to earn rewards without annual fees.
Pros
- No annual fee for life
- Earn 1 M Rewards point per PHP 20 spent
- Mastercard benefits and global acceptance
- User-friendly app for tracking expenses
- No foreign transaction fees
Cons
- Higher APR between 24% to 36%
- Limited rewards on certain categories
- Approval may require a decent credit score
- Reward points expire after 3 years
- Not ideal for heavy spenders
This card offers significant savings with no annual fee for life, making it appealing for budget-conscious users. The 1 M Rewards point for every PHP 20 spent is decent, but rewards are capped compared to premium cards.
While it provides solid Mastercard benefits, the APR ranges from 24% to 36%, which can be a burden for those who carry balances. Users should be cautious, as this card is not the best fit for heavy spenders looking for extensive rewards.
According to Metrobank's site, rewards points have a 3-year validity, which could lead to unclaimed points if not used wisely. Furthermore, approval often requires a good credit score, so applicants should be aware of their credit standing before applying.
Overall, the Metrobank M Free Mastercard is a practical option for everyday use, especially for those who prioritize avoiding fees over maximizing rewards.
Who It's For
Ideal for casual spenders and those new to credit cards looking for a no-frills option.
Watch Out
Be mindful of the higher APR rates if you plan to carry a balance.
Summary
The Metrobank M Free Mastercard is a budget-friendly option with no annual fees, suitable for casual users but less ideal for frequent travelers.
Best For
Best for individuals seeking a straightforward credit card to earn rewards on everyday purchases without annual fees.
You'll be redirected to metrobank.com.ph
What Customers Say
Cardholders appreciate the lack of annual fees but express concerns about the high APR and limited reward opportunities.
