Metrobank Rewards Plus Visa

This card allows people to accumulate more reward points than ever before. Starting with a PHP20:1 point, it can go down to PHP10:1 point when you buy select items! Great for businesspersons and local travelers!

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Rewards Plus Visa
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PHP25: 2.5 mile;


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Visa assessment Fee + 2.5% processing fee


Quick Overview

The Metrobank Rewards Plus Visa is best for people who are avid collectors of both airmiles and reward points. With such a point to mile ratio, you’ll get tons of points when you use this card on select transactions.

It’s not as good as the Metrobank Travel Platinum Visa for frequent travelers but if you use it for telecommunications, transportation, electronics, and automobile services (particularly the ones that are mentioned in this document), then you’ll quickly rack up points and airline miles!


  • Decent Annual Fee
  • PHP10 to 1 reward point; 2.5 reward points to 1 air mile


  • No bonus points when used on air travel-related transactions

Special Feature

  • Double the rewards when used on gadgets and electronics, telecommunications and transportation, and online transactions.

Perks and Benefits

The credit card doesn’t have any signup bonuses, but it does have multiple benefits as provided by Metrobank.

  • Secured and Faster paperless Payments through a Contactless Card
  • Includes an Embedded Chip that protects from credit card fraud
  • Free 1st Supplementary Card
  • Discounts at M Here Partner Establishments
  • 0% Installment Program
  • Bills2Pay
  • Balance Transfer
  • Cash2Go
  • CashRush
  • MTXT Balance Inquiry
  • Payment Channels
  • MSOA Email statement
  • M Connect Automated Voice, Text, and Email Payment Verification Service

Points and Miles

The Metrobank Rewards Program is generous with what their reward points can be used on.

When it comes to the Metrobank Rewards Plus Visa, cardholders can earn as much as 1 reward point for every PHP10.00 spent on select transactions. For other expenses, they provide a 1 reward point for PHP20.00 spent.

As attractive as it is, this card is not as efficient for frequent flyers. The most notable reason for this is the fact that cardholders do not have any bonuses or features related to airlines, airfare, and air travel.

Mile redemption comes at 2.5 Metrobank Reward Points for 1 mile, with a minimum of 10,000 points for redemption which can only be redeemed in increments of 10,000.

You can convert your Metrobank Reward Points into Airline Miles in Mabuhay Miles, Asia Miles, or KrisFlyer miles thorugh

You can convert your Metrobank Reward Points into Airline Miles in Mabuhay Miles, Asia Miles, or KrisFlyer miles through this particular webpage.

Card Details

Annual Fee (Principal)

PHP2,500 (Waived on 1st Year)

Annual Fee (Supplementary)

PHP1,500 (Waived on 1st Year)

Retail Monthly Interest Rate / Finance Charge

3.5% based on calendar days

Cash Advance Monthly Interest Rate

3.75% based on calendar days

Cash Advance Fee

PHP600 or 3% of the cash amount availed, whichever is higher. Additional PHP500 if transacted over-the-counter.

Late Payment Fee

PHP850 or Unpaid Minimum Amount Due (MAD), whichever is lower

Overlimit Fee

PHP750 per occurrence

Refund Fee

1% of the refund amount or PHP100, whichever is higher, for every refund request

Account Maintenance Fee

PHP200 or an amount equivalent to the credit balance, whichever is lower will be charged to accounts with credit balance that are closed or with no activity for the past 12 months.

Installment Pre-Termination Fee

PHP550 or 5% of the remaining principal balance, whichever is higher

Gaming Fee

5% of the amount transacted

Statement Reprinting Fee

PHP100 per request for printing and delivery of monthly statement

Bank Certification Fee

PHP100 per copy and delivery of the bank certificate (effective November 1, 2019)

Returned Check Fee

PHP1,500 for every returned check

Installment Processing Fee

PHP250 will be charged for every approved Cash2Go, Balance Conversion, or Balance Transfer transaction (effective January 1, 2020)

Foreign Exchange Transactions

All charges, advances, or amounts in currencies other than Philippine Peso (PHP) shall be converted to PHP. Transactions in US Dollar, Hong Kong Dollar, Japanese Yen, Euro, Singapore Dollar, Australian Dollar, British Pound, Canadian Dollar, Chinese Yuan, Swiss Francs and Danish Kroner shall be converted using the foreign exchange selling rate of Metropolitan Bank and Trust Company on transaction posting date. Transactions denominated in currencies other than the aforementioned shall be converted using Visa’s currency conversion rate at the time of posting. All converted transactions shall be charged Visa’s assessment fee plus 2.5% processing fee, the rate of which may be adjusted from time to time. The assessment fee shall likewise apply to transactions involving foreign currencies converted to PHP at point of sale, whether executed in the Philippines, abroad, or online. Service fees may also be charged to cover costs incurred to discharge the amount(s) due Visa and/or acquiring bank and/or foreign merchant affiliates.

Our Thoughts

The first time we found out about this card, it seemed to be the next big thing. Their PHP10.00 to 1 reward point would have been the lowest point-to-mile ratio if it were an airline-focused credit card. However, its focus on reward points all but makes it a second-tier airline collection card. Not to mention the outright exclusion of air travel-related transactions to those that get bonus points make it a sub-optimal card for frequent flyers. The Metrobank Travel Platinum Visa is still a better choice overall.

However, If you regularly pay for Telecommunications, Transportation (air travel not included), Electronics, and Automobile services, then this card might be the best one for you. As with all Metrobank cards, it has a slightly high foreign transaction fee that you should always keep in mind!

Overall, we think this can be a good secondary credit card for point collection. PHP10: 1 point is not something that should be ignored in a rewards program where every bit of point matters when you redeem them for miles. Use this for transactions that can take advantage of that peso-to-point ratio, then use a better frequent flyer focused card for air travel!


How to Apply

  1. Visit the Metrobank website for their credit cards.
  2. Check the “Application Requirements” button on the left side to see whether or not you’re eligible to get a Metrobank Card.
  3. If you’ve assessed yourself as eligible to do so, you may click on the “Apply Now” Button. This will redirect you to an online form where you will choose which credit card type you will apply for.
  4. Click the drop-down button and select the Metrobank Rewards Plus Visa. If you’re okay with getting a different card if your application cannot be processed, choose NO on the next field. Choose Yes if otherwise.
  5. Fill out the remaining of the online form and submit the form!

Other Cards

Unionbank Miles + Platinum Visa

Monthly Income: PHP 50,000.00

Annual Fee: PHP 3,000.00

APR: 3.50% per month

Point to Mile Ratio: PHP 25.00 : 1 mile

Transaction Fee: 2.00%

Learn More

Metrobank Travel Platinum Visa

Monthly Income: PHP 67,000.00

Annual Fee: PHP 5,000.00 (waived for the first year)

APR: 3.5%

Point to Mile Ratio: PHP 17.00 = 1 Mile (overseas expenses)

Transaction Fee: 3.50%

Learn More

BPI Sky Miles Mastercard

Monthly Income: PHP 15,000.00

Annual Fee: PHP 2,050.00

APR: 3.5% per month

Point to Mile Ratio: PHP 45.00 : 1 mile

Transaction Fee: 0.75% of the foreign exchange rate at the moment

Learn More
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