UnionBank Credit Cards: Top 5 Credit Cards With Easy Approval This Month (And How They Compare to Other Options)
Managing your credit card debt wisely can significantly affect your long-term financial health. High-interest rates can quickly turn your everyday spending into more expensive long-term debt, especially when you carry a balance from month to month.
Fortunately, Metrobank offers low-interest credit cards with cashback rewards that allow you to manage your spending and finances more effectively.
In this article, we’ll explore the features of Metrobank’s low-interest credit cards and how they can help you save money while earning cashback on your purchases. Whether you’re spending in Pesos or USD, Metrobank offers solutions tailored to your needs, with low APRs and cashback incentives for every swipe.
If you carry a balance on your credit card, the interest you pay each month can quickly add up and prevent you from reaching your financial goals. Metrobank’s low-interest cards are designed to help you manage debt smarter by offering competitive APRs, cashback rewards, and global acceptance.
Benefits of Metrobank’s low-interest and cashback credit cards include:
Metrobank’s low-interest credit cards are perfect for:
If you’re considering applying for a low-interest credit card with cashback from Metrobank, there are a few important factors to take into account. These factors will help you choose the best card based on your financial goals and habits:
The APR determines how much you’ll pay in interest if you carry a balance from one month to the next. Metrobank offers competitive low APRs typically ranging from 12% to 15% — which is considered ideal for those who don’t always pay their balance in full. A lower APR means you pay less interest, helping you manage your finances better.
Many of Metrobank’s low-interest cards offer up to 55 days interest-free on new purchases. This is a great feature if you plan to carry a balance from time to time but want to avoid paying interest charges on new purchases. Timing your purchases after your statement date will give you more time to pay off your balance before interest kicks in.
While Metrobank’s low-interest credit cards are designed to be affordable, it’s still important to check the annual fees associated with each card. The annual fee for Metrobank’s cards typically ranges from ₱1,500 to ₱3,000, depending on the card type. If the APR is low enough, the annual fee might be easily justified by the interest savings.
For frequent travelers, foreign transaction fees can add up quickly. Metrobank offers USD-linked cards that come with no FX fees, making them ideal for international purchases. This is especially beneficial if you travel or shop from international retailers.
When comparing Metrobank’s low-interest credit cards, we use a weighted system to evaluate key factors like APR, cashback rewards, and overall savings:
| Factor | Weight | Why It Matters |
|---|---|---|
| APR | 60% | The most important cost factor for carrying a balance. |
| Interest-Free Days | 15% | Helps reduce or eliminate finance charges when managed effectively. |
| Annual Fees | 10% | Affects the overall value of the card. |
| FX & Other Fees | 15% | Important for international and online purchases. |
Look for the lowest APR available and minimal annual fees. Set up auto-pay for your statement balance to maintain interest-free days and avoid late fees.
Pair your low-interest card with a no-FX-fee card for international purchases. This will ensure that your spending abroad is as cost-effective as possible.
Consider cards that offer 0% introductory APR for a limited period. Make sure to pay off the balance before the revert rate kicks in to avoid higher interest rates.
Let’s assume you carry a balance of ₱85,000 (around $1,700 USD) for 12 months:
| Card Type | Purchase APR | Estimated Annual Interest | Savings (vs. 19.99%) |
|---|---|---|---|
| Typical Credit Card | 19.99% | ≈ ₱11,500 | — |
| Metrobank Low Rate | 12.99% | ≈ ₱7,400 | ₱4,100 saved |
| Metrobank Cashback | 10.99% | ≈ ₱6,600 | ₱4,900 saved |
Switching from a 19.99% APR card to a 12.99% APR card could save ₱4,100 annually, with ₱4,900 saved by using Metrobank’s cashback card.
If you want to manage credit card debt more efficiently while earning cashback rewards, Metrobank’s low-interest cards are a smart choice.
Whether you’re managing everyday purchases, traveling abroad, or making large purchases, Metrobank’s credit cards can help you save money on interest and earn rewards.
By focusing on low APRs, no FX fees, and cashback rewards, Metrobank provides a simple and effective way to manage your finances while enjoying the benefits of global acceptance.
