| Cards |
Metrobank Platinum Mastercard
|
Add Card | Add Card | Add Card |
|---|---|---|---|---|
| Exclusive Features | Exclusive shopping and dining deals. | |||
| Eligibility | Minimum gross annual of: PHP700,000 | |||
| Annual fees | PHP5,000 | |||
| Supplementary Annual Fees | PHP2,500 (First supplementary is perpetually waived) | |||
| Waived Annual Fee For The first Year | Yes | |||
| Cash Advance Monthly Interest Rate | 3% Monthly Interest Rate to be computed from the date when cash advance was availed | |||
| Monthly Interest Rate/Finance Charge | 3% Monthly Interest Rate or 36% Annually | |||
| Rewards Program | 1 point = PHP20 | |||
| Card replacement fee | PHP400 | |||
| Minimum Amount Due | PHP850 or 3% of outstanding balance, whichever is higher | |||
| Late charge | PHP1,000 or Unpaid Minimum Amount Due (MAD), whichever is lower | |||
| Overlimit Fee | PHP750 per occurrence | |||
| Cash advance fee | PHP200 per transaction regardless of the cash advance amount | |||
| installment pre-termination fee | 5% of the remaining principal balance or P550 whichever is higher | |||
| Account Maintenance Fee | PHP200 or an amount equivalent to the credit balance, whichever is lower, will be charged monthly to accounts with overpayments that are closed or active accounts that have no activity for the past 12 months until the credit balance is zeroed out. | |||
| Gaming Services Transaction Fee | 5% of the amount transacted | |||
| Refund Fee | 1% of the refund amount or PHP100, whichever is higher, for every refund request | |||
| Statement Reprinting Fee | Not Applicable | |||
| Bank Certification Fee | Not Applicable | |||
| Installment Processing Fee | PHP350 will be charged for every approved Cash2Go or Balance Transfer and PHP500 will be charged for every approved Balance Conversion transaction | |||
| Foreign Exchange Transaction | 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 Mastercard/Visa’s currency conversion rate at the time of posting. All converted transactions shall be charged Mastercard/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 Mastercard/Visa and/or acquiring bank and/or foreign merchant affiliates. | |||
| returned check fee | PHP1,500 for every returned check | |||
| returned document fee | PHP300 | |||
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