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No Annual Fee Credit Card in the Philippines — Metrobank M
This is the only credit card in the Philippines which has no annual fee for life.
Except of course those premium cards for the very wealthy, and those cards whose owners accumulate enough points to get annual-fee waivers.
I’ve related in my other posts that I finally became free from the bondage of credit cards last February 15. I had eight credit cards, and after paying off all the balances, I canceled all of them, except my local BPI Classic.
But because I need a credit card for my Internet payments, I had to choose one credit card good for international purchases. I like BDO Shop More, but if I have to cut costs, I should retain one with no maintenance fee.
So I finally chose the M Free Mastercard of Metrobank. After canceling my old Metrobank card, I requested for the no-annual-fee card, and it was given to me.
More than a year ago, I applied for this no-annual-fee Metrobank card, but I was told I need to first use an annual-fee Metrobank card for at least a year before I can qualify for the free annual-fee credit card.
If you need to maintain just one card, consider this no-annual fee credit card.
Pag-ibig Retirement in the Philippines — Process Your Claims Quicker
If you’re nearing retirement and you’ve had more than one employer, check as soon as you can if all the records of your contributions since your started contributing to Pag-ibig are already in one branch of Pag-ibig.
Pag-ibig does not consolidate the records of members whose employers are located in different Pag-ibig jurisdictions; it depends on its members to consolidate their records.
It takes months to consolidate, so start now.
My husband, who had two employers and who also continued paying as a voluntary member while working abroad, had to track his contributions and consolidate them in one branch before he was allowed to submit his retirement claims.
The dollar-denominated Pag-ibig Overseas Program, however, is really separate. You make your claims separately at the Gil Puyat, Makati branch.
By the way, my husband has paid more than 240 monthly contributions, so he was to able to file a claim. But he’s still waiting because of the consolidation process.
