Metrobank M Free Mastercard

Enjoy a no annual fee credit card with M Rewards points for every purchase from Metrobank Philippines.

Last checked on June 11, 2026. We may earn a commission when you click through.

Advertisement
✓ No annual fee for life ✓ Earn 1 M Rewards point per PHP 20 spent ✓ Mastercard benefits and global acceptance
M

Metrobank M Free Mastercard

Mastercard

Our Verdict

The Metrobank M Free Mastercard is an economical choice for casual spenders looking to earn rewards without annual fees.

What it really costs

Annual feeNo annual fee for life No annual fee
APR Range 24% – 36%
Rewards1 M Rewards point per PHP 20 spent 1%

See full review

You'll be redirected to metrobank.com.ph

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.

The good and the not so good

  • 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
  • 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

In-Depth Review

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.

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.

What cardholders say

Cardholders appreciate the lack of annual fees but express concerns about the high APR and limited reward opportunities.

See full review

You'll be redirected to metrobank.com.ph

You might also like

B BPI Amore Cashback Card No annual fee U UnionBank Rewards Credit Card No annual fee H HSBC Philippines Gold Visa Cash Back Credit Card No annual fee B BDO Visa Platinum Cashback Annual fee: ₱3.5k B BDO Visa Gold Credit Card Annual fee: ₱3.5k