Metrobank Card

What Metrobank Card does

Metrobank Card operates as the Consumer Business Sector (CBS) of Metropolitan Bank & Trust Company (PSE: MBT), one of the largest universal banks in the Philippines. The unit originates and services a diversified credit card portfolio spanning standard, premium, and prepaid products — including the Metrobank World Mastercard, Travel Platinum Visa, Platinum Mastercard, Cashback Platinum Visa, Femme Signature Visa, and Dollar Platinum Mastercard — alongside the YAZZ Prepaid Visa Card issued through retail channels. Cards are built on EMV chip technology with NFC contactless capability for tap-and-go payments under PHP 2,000, integrate with Mastercard's Automatic Billing Updater for recurring billing continuity, and support tokenization in digital wallets such as Apple Pay, Google Pay, and Samsung Pay. The business issues on both Mastercard and Visa networks and maintains acquiring-side relationships with major Philippine merchants including Jollibee, Chowking, Rustan's, Ace Hardware, SM Supermalls, and Robinsons.

The entity traces its history to Unibancard Corporation, founded in August 1985, joined the Mastercard scheme in 1994 and Visa in 1998, became Metrobank Card Corporation (MCC) after a 2002 merger with AB Card and Solid Card, and entered a 60/40 joint venture with ANZ in 2003 that scaled the portfolio past 1.5 million cards-in-force. ANZ exited in September 2018, MCC became a 100% Metrobank subsidiary, and on January 3, 2020 MCC merged into the parent bank, forming first the Cards and Personal Credit (CPC) Sector and later (September 1, 2020) the rebranded Consumer Business Sector. Revenue is generated through annual membership fees (subscription, non-refundable, tiered by card type), finance charges on unpaid balances and cash advances (3% monthly as of February 2023), transaction fees including a fixed PHP 200 cash advance fee, and installment processing fees (PHP 350 for Cash2Go/Balance Transfer, PHP 500 for Balance Conversion). The CBS has expanded scope to include personal loans, life and non-life insurance (under an Insurance Commission license granted June 2018), merchant acquiring, and the YAZZ prepaid franchise.

Go-to-market is direct-to-consumer and omnichannel: cards are distributed via Metrobank's nationwide branch network, the online application portal apply.metrobank.com.ph, the Metrobank mobile banking app, and over 30 partner payment channels spanning e-wallets (GCash, Coins.ph, Bayad Center Mobile), partner banks (PSBank, Security Bank, RCBC, GoTyme), retail networks (SM Supermalls, Bayad Center, Robinsons, CLiQQ by 7-Eleven, ECPay), and the BancNet ATM network. The primary customer segment is individual Filipino consumers seeking revolving credit, rewards, and travel privileges, with a secondary corporate card segment for employee expense management. Marketing runs through the Metrobank website, Facebook Messenger chatbot (Mia of Metrobank), email, SMS alerts, and promotional campaigns tied to card-specific benefits. The business is regulated by the Bangko Sentral ng Pilipinas and operates under multiple compliance regimes including AMLA, PDPA, the Access Devices Regulation Act, and BSP Circular 1098 on rate caps.

Name

Metrobank Card

Legal name

Metropolitan Bank and Trust Company

Website

https://metrobankcard.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Metrobank Card is the Consumer Business Sector of Metropolitan Bank & Trust Company, issuing Mastercard and Visa credit cards plus the YAZZ prepaid product to Filipino consumers via the Metrobank branch, app, and partner payment networks.

Ownership category

akta.pro rank

Product category

Consumer Credit Cards

NAICS

Credit Card Issuing (52221), Commercial Banking (522110)

SIC

Personal Credit Institutions (6141), National Commercial Banks (6021)

akta.pro primary industry

Credit Cards & Revolving Credit (FSABAAAC)

akta.pro secondary industries

Co-Branded Credit Card Partnerships (Issuers/Networks) (THABAKAD), Business / Corporate Credit Cards (FSAKABAF), Carrier Billing & Telco Mobile Money (FSAMAEAD), Travel Money Cards & Multi-Currency Prepaid (FSAMANAI), Private Label / Store Credit Cards (FSAKABAC), Private-Label & Store Card Schemes (FSAMAAAE)

Keywords

• Consumer credit cards
• Credit card issuing
• Merchant acquiring services
• Personal loans
• Rewards programs

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Annual Membership Fees: Annual fees charged to cardholders for credit card membership. Fees vary by card type and are non-refundable even if card is cancelled.
2. Finance Charges: Interest charged on unpaid balances and cash advance transactions. Effective February 2023: 3% monthly for standard cards, 1% for Dealer Financing Credit Card. Balance Transfer, Cash2Go, and Balance Conversion have maximum 1% monthly add-on rate.
3. Transaction Fees: Fees including Cash Advance fee (P200 fixed), Sales Invoice Retrieval Fee, Quasi-Cash Fee, Gaming Transaction Service Fee, Refund Fee, and other miscellaneous charges.
4. Installment Program Fees: Processing fees for Cash2Go, Balance Conversion, and Balance Transfer programs. Cash2Go and Balance Transfer: PHP350; Balance Conversion: PHP500 per approved transaction.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Metrobank Card issues a diversified portfolio of consumer and corporate credit cards under the Mastercard and Visa networks, including the Metrobank World Mastercard, Travel Platinum Visa, Platinum Mastercard, Cashback Platinum Visa, Femme Signature Visa, and Dollar Platinum Mastercard. Alongside cards, the Consumer Business Sector provides personal loans, insurance products, merchant acquiring services, and installment facilities (Cash2Go, Balance Conversion, Balance Transfer, Merchant Installment). Following the January 2020 merger of Metrobank Card Corporation into Metropolitan Bank & Trust Company, the business operates as a unified sector offering integrated financial services to consumers in the Philippines.

Product overview

Metrobank Card operates as the Consumer Business Sector (CBS) of Metropolitan Bank & Trust Company, offering a diversified portfolio of credit card products alongside personal loans, insurance, and merchant services. The core credit card lineup includes the Metrobank World Mastercard (premium travel card), Metrobank Travel Platinum Visa (airline/hotel miles card), Metrobank Platinum Mastercard (shopping/dining card), Metrobank Cashback Platinum Visa, Metrobank Femme Signature Visa, and Metrobank Dollar Platinum Mastercard, all supported by the M Power security education program. The product ecosystem extends to the YAZZ Prepaid Card (reloadable Visa prepaid), installment facilities (Cash2Go, Balance Conversion, Balance Transfer, Merchant Installment), rewards and promotions programs, contactless payment technology, and Mastercard Automatic Billing Updater. Following the January 2020 merger of Metrobank Card Corporation with Metrobank, the business also encompasses personal loans, insurance products (licensed by Insurance Commission), and merchant acquiring services under unified CBS management.

Differentiator

Problem solved

Functional benefit

Brands

• YAZZ Prepaid Card: A general purpose Prepaid VISA Card that is reloadable, introduced in November 2015 and made available at retail environment.

Products and services

• Metrobank World Mastercard Premium travel-focused credit card enabling cardholders to earn 1 mile per PHP 17 foreign currency spend and 1 mile per PHP 50 on other categories, with up to 50% off on domestic and international deals and free annual fee for life on two supplementary cards.
• Metrobank Travel Platinum Visa Travel-focused credit card enabling rapid mile earning at 1 mile per PHP 17 spend on airlines, hotel accommodations, and foreign currency transactions (equivalent to 3x Rewards points), with free annual fee for life for first supplementary card.
• Metrobank Platinum Mastercard Shopping and dining credit card earning 1 point per PHP 20 spend, with up to 50% off on premium dining deals.
• Metrobank Cashback Platinum Visa Cashback credit card offering 5% rebate on qualifying transactions under the Cashback Platinum Visa promo, open to existing and new-to-bank principal cardholders with good credit standing.
• Metrobank Femme Signature Visa Premium credit card targeting female cardholders, part of the Premium Cards category.
• Metrobank Dollar Platinum Mastercard USD-denominated platinum credit card for international transactions and foreign currency spending.
• YAZZ Prepaid Card General purpose reloadable Prepaid VISA Card introduced in November 2015 and made available at retail environment, with customer service hotline support.
• Personal Loans Personal loan products offered by Metrobank Card's Consumer Business Sector alongside credit cards, insurance, and other financial services.
• Insurance Life and non-life insurance products offered under the Finance Company and General Insurance Agency license granted by the Insurance Commission in June 2018.
• Merchant Services Acquiring business services including POS terminal provision, merchant hotline support, and authorization services for merchants accepting Metrobank credit cards.
• Cash2Go Cash facility allowing qualified cardholders to avail cash charged to the card, payable on an installment basis with applicable interest and fees, disbursed via credit to the cardholder's current or savings account.
• Balance Conversion Program allowing qualified cardholders to convert outstanding Metrobank Credit Card balances (including finance charge and fees) into installments, with a PHP 500 processing fee per approved transaction.
• Balance Transfer Facility allowing qualified cardholders to transfer outstanding credit card balances from other banks to their Metrobank Credit Card, with a PHP 350 processing fee per approved transaction.
• Merchant Installment Program allowing cardholders to purchase selected goods and services on installment from accredited Metrobank merchants in the Philippines.
• Rewards Program Credit card rewards program enabling cardholders to earn points or miles on spending across various categories, redeemable for travel, shopping, dining, and other rewards.
• PSBank Credit Mastercard Credit card issued under PSBank (Philippine Savings Bank), an affiliate of Metrobank, with separate customer service hotline.

Quantifiable outcome

• More than 1.5 Million cards-in-force achieved under joint venture, with cardholder base tripling since 2003
• +1 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• ANZ (Australia New Zealand Banking Group)coreStrategic or Co-development Partner · 1 January 2003Joint venture formed between Metrobank and ANZ in 2003, with Metrobank holding 60% and ANZ holding 40% stake. This partnership transformed MCC into a market leader with more than 1.5 Million cards-in-force. ANZ's 40% stake was acquired by Metrobank in September 2018, making MCC a 100% wholly-owned subsidiary.
• MastercardcoreTechnology or IntegrationCard network partner enabling worldwide acceptance of Metrobank credit cards. Metrobank issues Mastercard-branded cards including World Mastercard. Also provides Automatic Billing Updater (ABU) service for seamless recurring payments.
• VisacoreTechnology or IntegrationCard network partner for Visa-branded cards including Travel Platinum Visa and Femme Signature Visa. Enables international acceptance and currency conversion services.
• GCashminorChannel Partner/ Reseller/ DistributorPartner e-wallet enabling Metrobank credit card bill payments through GCash app
• Coins.phminorChannel Partner/ Reseller/ DistributorPartner e-wallet enabling Metrobank credit card bill payments through Coins.ph app
• SM Supermalls and SupermarketsminorChannel Partner/ Reseller/ DistributorAuthorized payment center for over-the-counter cash payments on Metrobank credit card bills at SM Store, SM Hypermarket, SM Supermarket, Savemore, and SM Business Services branches nationwide
• Bayad CenterminorChannel Partner/ Reseller/ DistributorAuthorized payment center network for over-the-counter cash payments on Metrobank credit card bills
• PSBankminorChannel Partner/ Reseller/ DistributorPartner bank for credit card bill payments (cash and check) and PSBank Credit Mastercard services

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Rizal Commercial Banking Corporation (RCBC): RCBC issues RCBC Credit Cards and is one of the established Philippine credit card players, competing with Metrobank Card for consumer revolving balances and rewards-driven spend across mass and premium tiers.
• UnionBank of the Philippines: UnionBank is a Philippine universal bank with a strong digital and tech positioning, issuing Visa and Mastercard credit cards and competing with Metrobank Card across both digital-native and traditional consumer segments.
• Security Bank: Security Bank offers Mastercard and Visa credit cards targeting premium and mass-affluent Filipino consumers, directly competing with Metrobank Card in travel, dining, and rewards card categories.
• EastWest Bank: EastWest Bank offers EastWest Credit Cards and has historically targeted rewards-heavy and premium customers, making it a comparable Philippine credit card issuer with overlapping product positioning to Metrobank Card.
• Bank of the Philippine Islands (BPI): BPI is one of the top Philippine universal banks and a major credit card issuer (BPI Credit, BPI eCredit), competing head-to-head with Metrobank Card for affluent and mass-affluent cardholders via its own branch and digital channels.
• BDO Unibank: Philippines' largest bank by assets and the dominant credit card issuer through BDO Credit Cards, offering Mastercard and Visa products directly competing with Metrobank Card in the same consumer segment.

Emerging players

• Maya Bank: Maya (formerly PayMaya) is a Philippine digital bank and e-wallet that has expanded into consumer credit products including credit, offering a digital-first alternative to traditional bank-issued cards and emerging as a credible challenger to Metrobank Card.
• Tonik Digital Bank: Tonik is a Philippine digital bank offering consumer lending and virtual cards; as a digital-native entrant it overlaps with the lower-tier and mobile-first segment that Metrobank Card also targets through its mobile app and online application portal.

Broad incumbents

• Citibank Philippines: Citi Philippines is part of a global consumer bank and historically targeted premium cardholders with Citibank Cards, offering comparable high-end rewards and travel benefits to Metrobank Card's World Mastercard and Platinum products.
• HSBC Philippines: HSBC Philippines issues Visa and Mastercard credit cards with a focus on affluent and globally mobile customers; as a global bank's local franchise it competes with Metrobank Card at the premium tier and benefits from broader international capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/metrobankcardph
• YouTubeyoutube.com/metrobank
• Facebookfacebook.com/metrobank
• LinkedInlinkedin.com/company/metrobank-card-corporation

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metrobank Card