Save Money: 32 No Annual Fee Credit Cards for 2025

Owning a credit card has many advantages: ease of purchase, an emergency line of credit, and exclusive rewards and perks, among others. Many people, however, don't want to get a credit card because of the fees that come with it.

Indeed, convenience comes with a price. However, if you need a card, you can avoid additional charges by getting credit cards with no annual fee in the Philippines.

What is a No Annual Fee Credit Card?

A credit card annual fee is a convenience fee that providers charge to their clients. Essentially, it’s the amount you pay to use your bank’s credit card services conveniently.

So when you see an offer for no annual fee credit cards in the Philippines this 2025, it means the bank has waived its yearly card membership fees.

Types of Credit Cards with No Annual Fee in the Philippines

Credit cards typically have two types of no annual fee arrangements:

👉 No Annual Fee for Life

Most entry-level cards offer this. It means your annual fee is automatically waived forever. 

You may also receive it as a welcome gift through a no-annual-fee forever promo. 

👉 Limited Annual Fee Waiver

If your card provider offers this arrangement, the annual fee is waived within a limited period, usually for a year. You can also find banks with a three-year waiver.

After the waiver period, the regular annual fee will apply. Alternatively, you might need to meet the required minimum spend for one year so you won’t have to pay the annual fee.

Why Choose a No Annual Fee Credit Card?

The benefit of credit cards with no annual fee is plain and simple: you get to save money. Annual fees in the Philippines range from ₱1,000 to ₱6,000. Without an annual fee, you can save this money instead.

How to Choose a Credit Card with No Annual Fee

There are many credit cards without annual fees, and the options may overwhelm you. Narrow it down by considering these two essential things:

Lifestyle - Where will you use your credit cards? Are you going to use it for utilities, daily expenses, travel, or shopping? Not all credit cards are created equal, so choose one that suits your lifestyle.

Monthly income - Many credit cards with no annual fees usually have a minimum monthly income requirement. See to it that you meet this requirement.

At a Glance: Top Credit Cards with No Annual Fee in the Philippines

Credit Cards with No Annual Fee	Key Features and Benefits
UnionBank Rewards Credit Card*	Monthly income requirement: ₱15,000 3x points when you shop and dine here and abroad 1 rewards point per ₱30 spend * No annual fee promo until June 30, 2024
Metrobank Titanium Mastercard®*	Monthly income requirement: ₱15,000 2x rewards points on online, dining, or department store transactions 1 rewards point for every ₱20 spend *Waived annual fee for the first year
Metrobank Platinum Mastercard®*	Monthly income requirement: ₱58,333 1 rewards point for every ₱20 spend Up to 50% off on premium dining offers *Waived annual fee for the first year
Metrobank World Mastercard®*	Monthly income requirement: ₱125,000 3x rewards points for every ₱20 international spend 1 rewards point for every ₱20 spend *Waived annual fee for the first year
PNB Ze-Lo Mastercard	Monthly income requirement: ₱10,000 Low interest rate of 2.5% No late payment or overlimit fees
AUB Classic Mastercard	Monthly income requirement: ₱50,000 1 rewards point for every ₱50 spend Payment flexibility
AUB Easy Mastercard	Monthly income requirement: ₱50,000 1 rewards point for every ₱50 spend Payment flexibility

Credit Cards with No Annual Fee for Life

Looking for the best credit cards with no annual fee for life in the Philippines this 2025? Check out these options:

📌 PNB Ze-Lo Mastercard

• Ideal for: First-time credit card users
• Minimum monthly income requirement: ₱10,000

Some people avoid credit cards like the plague because of the many fees to cover aside from the annual fee. These charges commonly include late payment and overlimit fees.

If it’s your first time using a credit card, you want to pay minimum fees. Go for the PNB Ze-Lo Mastercard, as it lets you experience the convenience of a credit card minus the extra charges.

Key features and benefits:

• No annual fee for life
• No late payment and overlimit fees
• Lower minimum amount due
• Globally accepted

Fees and charges:

• Interest rate: 2.5%
• Late payment fee: None
• Overlimit fee: None
• Foreign currency transaction fee: 2.5%

📌AUB Classic Mastercard

• Ideal for: Individuals on a budget
• Minimum monthly income requirement: ₱50,000

AUB Classic Mastercard is one of the top credit cards with no annual fee in the Philippines in 2025. Besides the waived annual fee, the AUB Classic Mastercard allows cardholders to choose how much and when to pay their credit card balances.

Key features and benefits:

• No annual fee for life (principal and two supplementary cardholders)
• 1 rewards point for every ₱50 spend
• 0% interest on new purchases
• Payment flexibility allows you to choose how many times you want to pay per month

Fees and charges:

• Interest rate: 3%
• Card replacement fee: ₱500
• Late payment fee: ₱1,000 for monthly payments, ₱500 for semi-monthly, and ₱250 for weekly, or the unpaid minimum amount due, whichever is lower
• Foreign transaction fee: 1.5% service fee added to the sum of peso conversion and Mastercard fees

📌 AUB Easy Mastercard

• Ideal for: Individuals who want more payment flexibility
• Minimum monthly income requirement: ₱50,000

Another free annual fee credit card is the AUB Easy Mastercard. It’s similar to the AUB Classic Mastercard, except it has more minimum amount due options. It’s perfect for those who struggle to keep up with credit card payments.

Key features and benefits:

• No annual fee for life
• 1 rewards point for every ₱50 spend
• 0% interest on new purchases
• Payment flexibility allows you to choose how many times you want to pay per month

Fees and charges:

• Interest rate: 3%
• Card replacement fee: ₱500
• Late payment fee: ₱1,000 for monthly payments, ₱500 for semi-monthly, and ₱250 for weekly, or the unpaid minimum amount due, whichever is lower
• Foreign transaction fee: 1.5% service fee added to the sum of peso conversion and Mastercard fees

Related article: Moneymax Reviews: Comparing AUB’s Budget-Tier Credit Cards

📌 AUB Gold Mastercard

• Ideal for: Individuals who want more exclusive perks and privileges
• Minimum monthly income requirement: ₱50,000

As an everyday spending companion, the AUB Gold Mastercard makes an excellent choice. If you’re looking for a credit card that unlocks more exclusive perks and privileges, this credit card also fits the bill. 

Enjoy no annual fees for life. Plus, earn points with your spending and convert them to Mabuhay Miles. 

Key features and benefits:

• No annual fee for life
• Unlimited supplementary cards with waived annual fees 
• 1 rewards point for every ₱50 spend
• Transfer your AUB Rewards Points to your Mabuhay Miles Account for free flights on PAL

Fees and charges:

• Interest rate: 3%
• Card replacement fee: ₱500
• Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower
• Foreign transaction fee: 1.5% service fee added to the sum of peso conversion and Mastercard fees

📌 AUB Platinum Mastercard

• Ideal for: Individuals looking for a higher credit limit, a wider range of offers, and payment flexibility
• Minimum monthly income requirement: ₱100,000

This top-tier AUB credit card also comes with waived annual fees forever. You can enroll as many supplementary cardholders as you want, and you won’t need to pay annual fees. 

If you’re a frequent traveler, you can quickly transfer your AUB reward points to your Mabuhay Miles Account to avail yourself of free flights or service upgrades on PAL. 

Key features and benefits:

• No annual fee for life
• Unlimited supplementary cards with waived annual fees 
• 1 rewards point for every ₱50 spend
• Complimentary lounge access
• Transfer your AUB Rewards Points to your Mabuhay Miles Account for free flights and upgrades on PAL

Fees and charges:

• Interest rate: 3%
• Card replacement fee: ₱500
• Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower
• Foreign transaction fee: 1.5% service fee added to the sum of peso conversion and Mastercard fees

📌 Metrobank M Free Card

• Ideal for: Financially savvy millennials
• Minimum monthly income requirement: ₱72,250

If you want to use a credit card for everyday expenses, Metrobank M Free Mastercard^® is the right credit card with no annual fee for you. You can enjoy 0% installment programs and convert your credit limit to cash. 

Key features and benefits:

• No annual fee for life
• 0% installment on a wide range of establishments
• Discounts and exclusive offers at partner merchants

Fees and charges:

• Interest rate: 3%
• Late payment fee: ₱1,000 or unpaid minimum amount due, whichever is lower
• Cash advance fee: ₱200 per transaction

📌 PSBank Credit Mastercard

• Ideal for: Low income-earners who need to manage their expenses well
• Minimum monthly income requirement: ₱15,000

For credit card newbies to not be overwhelmed, they should go for straightforward and easy-to-use cards, such as the PSBank Credit Mastercard. Use this card for daily expenses, from groceries to bills. It also offers flexible payment schemes, exclusive privileges, and installment programs.

Key features and benefits:

• No annual fee for life
• Comes with an embedded EMV chip
• M TXT service for easy credit card balance monitoring

Fees and charges:

• Interest rate: 3%
• Late payment fee: ₱1,000 or unpaid minimum amount due, whichever is lower
• Cash advance fee: ₱200

📌 China Bank Freedom Mastercard

• Ideal for: Individuals who want waived annual fees for their supplementary cardholders as well
• Minimum monthly income requirement: ₱20,833

Enjoy perpetually wavied annual fees for you and your supplementary cardholders with China Bank Freedom Mastercard. You also earn 1 rewards point for every ₱30 spend. 

Key features and benefits:

• No annual fee for life for primary and supplementary cardholders
• 1 rewards point for every ₱30 spend
• Companion virtual card

Fees and charges:

• Interest rate: 3%
• Late payment fee: ₱750 or unpaid minimum amount due, whichever is lower
• Card replacement fee: ₱500

Read more: Don’t Miss These 12 Exclusive China Bank Credit Card Promos 

📌 EastWest Platinum Mastercard

• Ideal for: Frequent travelers who love taking advantage of luxurious travel perks and splurging here and abroad
• Minimum monthly income requirement: ₱150,000

Looking for a more premium credit card that comes with no annual fees forever? If you frequently shop and travel abroad, consider getting the EastWest Platinum Mastercard. Aside from free membership for life, you get free travel insurance and a low foreign currency conversion fee of 1.70% when you travel!

Key features and benefits:

• Lifetime free membership for principal and supplementary cards
• Complimentary Travel Accident and Inconvenience Insurance coverage of up to ₱20 million
• Low foreign currency conversion fee

Fees and charges:

• Interest rate: 3%
• Late payment fee: ₱1,500 or unpaid minimum amount due, whichever is lower
• Cash advance fee: ₱200

Read more: 16 Exclusive Perks and Promos for EastWest Credit Cardholders in 2025

Credit Cards with No Annual Fee Promo (for a Limited Time Only)

📌 UnionBank Rewards Credit Card

• Ideal for: Individuals who want rewards on their spending
• Minimum monthly income requirement: ₱15,000

Is there a credit card with no annual fees that comes with lots of rewards? Definitely! This UnionBank credit card offers maximum rewards plus waived annual fees forever via its No Annual Fee Promo, which runs until June 30, 2024.

Key features and benefits:

• Maximum rewards:
  • 1 never-expiring point for every ₱30 spend
  • 3x points when you shop and dine here and abroad
  • Use your points to redeem cash credits, gadgets, merchandise, and more
• Worry-free payments with 0% interest installment plans

Fees and charges:

• Annual fee: No annual fee forever if you apply and get approved on or before June 30, 2024^[1]; ₱2,500 otherwise
• Interest rate: 3%
• Late payment fee: ₱1,500 or unpaid minimum amount due, whichever is lower
• Cash advance fee: ₱200

📌 Metrobank Titanium Mastercard^®

• Ideal for: Frequent essential and lifestyle shoppers
• Minimum monthly income requirement: ₱15,000

Looking for a Metrobank credit card with a no annual fee promo? Enjoy no annual fees for the first year with the Metrobank Titanium Mastercard^®.

You earn 1 rewards point for every ₱20 spend and 2x rewards points when you spend on retail essentials, whether in-store or online. 

Key features and benefits:

• 1 rewards point (non-expiring) for every ₱20 spend
• 2x rewards points when you spend on online, dining, or department store transactions

Fees and charges:

• Annual fee: Waived for the first year; ₱2,500 after
• Interest rate: 3%
• Late payment fee: ₱1,000 or unpaid minimum amount due, whichever is lower
• Cash advance fee: ₱200 
• Foreign currency transaction fee: 2.5%

📌 Metrobank Platinum Mastercard^®

• Ideal for Frequent travelers and lifestyle spenders
• Minimum monthly income requirement: ₱58,333

Do you frequently dine at trending restaurants and hang out at your favorite cafes? Are you always at a new travel destination locally or abroad? Make sure to get the Metrobank Platinum Mastercard^® (formerly Peso Platinum Mastercard) as your credit card companion.  

Aside from earning rewards points with every ₱20 you spend, enjoy up to 50% off on dining deals.

Key features and benefits:

• 1 rewards point for every ₱20 spend 
• No annual fees for the first supplementary card
• Up to 50% off on exclusive dining deals
• Free eCommerce Purchase Protection

Fees and charges:

• Annual fee: Waived for the first year; ₱5,000 after
• Interest rate: 3%
• Late payment fee: ₱1,000 or unpaid minimum amount due, whichever is lower
• Cash advance fee: ₱200 
• Foreign currency transaction fee: 2.5%

📌 Metrobank World Mastercard^®

• Ideal for: Individuals who enjoy premium travel and shopping perks
• Minimum monthly income requirement: ₱125,000

Ready to level up with a credit card that offers premium lifestyle and travel benefits? The Metrobank World Mastercard^® lets you earn 1 rewards point for every ₱20 you spend and 3x rewards points for all your international spending. 

Key features and benefits:

• 1 rewards point for every ₱20 spend 
• 3x rewards points for every ₱20 international spend
• 1 mile = ₱17 foreign currency spend
• Complimentary global lounge access via Dragon Pass

Fees and charges:

• Annual fee: Waived for the first year; ₱6,000 after
• Interest rate: 3%
• Late payment fee: ₱1,000 or unpaid minimum amount due, whichever is lower
• Cash advance fee: ₱200 
• Foreign currency transaction fee: 2.5%

📌 HSBC Red Mastercard

• Ideal for: Frequent shoppers on the hunt for rewards
• Minimum monthly income requirement: ₱17,000

Make every transaction more rewarding with HSBC’s Red Mastercard. Earn up to 4x rewards points on shopping, dining, online, and overseas spend. You also earn rebates for your fuel spend.

Key features and benefits:

• 4x rewards points on shopping, dining, online, and overseas spend
• 1 rewards point for every ₱20 spend
• Exclusive travel deals with over 27,000 establishments in 160 countries
• 6% rebate on your first fuel purchase at Caltex and 3% rebate all year round
• 0% interest installment deals of up to 36 months

Fees and charges:

• Annual fee: Waived for the first year; ₱2,500 after
• Monthly interest rate: 3%
• Late payment fee: ₱1,500 or unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱800
• Foreign currency transaction fee: 2.5%
• Cash advance fee: ₱200

Read more: Moneymax Reviews: Enjoy 4X the Fun with HSBC Red Mastercard

📌 Security Bank Gold Mastercard

• Ideal for: Essential and lifestyle spenders 
• Minimum monthly income requirement: ₱30,000
  

Earn 1 non-expiring point for every ₱20 spend—whether you're shopping for daily essentials, dining out at your favorite restaurants, or planning your next holiday.

Key features and benefits: 

• 1 non-expiring rewards point for every ₱20 spend 
• Worldwide acceptance and exclusive Mastercard promos 
• Unlimited Marhaba Lounge access at NAIA 1 and 3
• Up to five supplementary cards (the annual fee for the first supplementary card is waived for life)

Fees and charges: 

• Annual fee: Waived for the first year; ₱2,500 after
  
• Interest rate: 3%
• Late payment fee:  ₱1,000 or the unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱500

📌 Security Bank Complete Cashback Mastercard

• Ideal for: Savvy spenders looking for a practical option for purchasing household needs
• Minimum monthly income requirement: ₱65,000

Working with a tight budget? Get big savings of up to ₱12,000 per year when you spend on five essential categories using your Security Bank Complete Cashback card.

Key features and benefits: 

• Immediate cashback of up to 5% on five essential expenses: groceries, gas, utilities, dining, and shopping 
• As much as ₱12,000 cashback annually 
• Exclusive Mastercard promos and discounts

Fees and charges: 

• Annual fee: Waived for the first year; ₱3,000 after
  
• Interest rate: 3%
• Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱500
  

📌 Security Bank Platinum Mastercard

• Ideal for: Frequent travelers
• Minimum monthly income requirement: ₱65,000
  

If you're a frequent jet setter, get the Security Bank Platinum Mastercard. Earn 2 points for every ₱20 spend and enjoy peace of mind with free travel insurance coverage.

Key features and benefits:

• 2 rewards point for every ₱20 spend
• Free travel insurance 
• Access to more than 1,300 lounges in over 500 airports worldwide
• Online purchase protection of up to US$200

Fees and charges: 

• Annual fee: Waived for the first year; ₱4,000 after
• Interest rate: 3%
• Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱500
  

📌 Security Bank World Mastercard

• Ideal for: Luxury travelers 
• Minimum monthly income requirement: ₱250,000
  

Looking for more premium travel perks? Use the Security Bank World Mastercard to earn 3 rewards points for every ₱20 spend, enjoy travel insurance coverage, and avail of airport lounge access and other offers.

Key features and benefits:

• 3 rewards points for every ₱20 spend
• Free travel insurance 
• Access to more than 1,300 lounges in over 500 airports worldwide
• Dining, spa, and retail offers from select exclusive airport merchants
• Online purchase protection of up to US$200

Fees and charges: 

• Annual fee: Waived for the first year; ₱5,000 after
• Interest rate: 3%
• Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱500
  

Read more: Secure These Deals: 15 Security Bank Credit Card Promos for 2025

📌 BPI Rewards Card

• Ideal for: Money-savvy shoppers looking to go cashless
• Minimum monthly income requirement: ₱15,000

Online shoppers, this one's for you! Use this card to earn points when you shop and get discounts on future purchases. You can also use flexible installment plans so as to not deplete your budget. 

Key features and benefits:

• 1 BPI Point for every ₱35 spend
• Installment plans with terms up to 36 months
• Free travel insurance of up to ₱2 million
• Year-round discounts and perks

Fees and charges:

• Annual fee: Waived for the first year; ₱1,550 after
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200
• Foreign currency transaction fee: 1.85%

📌 Petron BPI Card

• Ideal for: Car owners looking for ways to cut back on fuel expenses
• Minimum monthly income requirement: ₱15,000

Calling all car owners: Use this card to earn a 3% rebate on Petron fuel—big savings if you drive to and from the office every day! First-time cardholders also get a bonus ₱200 fuel voucher.

Key features and benefits:

• 3% rebate on fuel
• Free ₱200 fuel voucher for first-time cardholders
• 0% interest installments at partner stores

Fees and charges:

• Annual fee: Waived for the first year; ₱1,550 after
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200
• Foreign currency transaction fee: 1.85%

📌 BPI Amore Cashback Card

• Ideal for: Cardholders who love saving while shopping
• Minimum monthly income requirement: ₱15,000

Love malling? If you frequent Ayala Malls, you might as well get this BPI credit card. Use it to avail of exclusive lounge access in Ayala Malls. You also get to save while shopping since you can earn up to 4% cashback with this card. 

Key features and benefits:

• Up to 4% cash back on supermarket and department store spend
• Up to 1% cash back on drugstore spend and bills payments
• Up to 0.3% cash back on all other local retail spend
• Unlimited access to exclusive customer and family lounges in Ayala Malls

Fees and charges:

• Annual fee: Waived for the first year; ₱2,050 after
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200
• Foreign currency transaction fee: 1.85%

📌 BPI Gold Rewards Card

• Ideal for: Cardholders looking for premium perks
• Minimum monthly income requirement: ₱40,000

If you put a premium on lifestyle privileges, get the BPI Gold Rewards credit card. Enjoy exclusive year-round discounts and rewards with this card.

It's perfect for frequent travelers since it offers free travel insurance worth up to ₱10 million. Like all other BPI credit cards, it offers one of the lowest foreign transaction fees. 

Key features and benefits:

• 1 BPI Point for every ₱35 spend
• Installment plans with terms up to 36 months
• Free travel insurance of up to ₱10 million
• Year-round discounts 

Fees and charges:

• Annual fee: Waived for the first year; ₱2,250 after
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200
• Foreign currency transaction fee: 1.85%

📌 BPI Platinum Rewards Card

• Ideal for: Individuals who want generous rewards for overseas spend
• Minimum monthly income requirement: ₱83,333.33

Do you frequently travel abroad to go shopping? Make the most of the BPI Platinum Rewards Card's generous rewards program. Get 2x points for every ₱30 local spend
and 2x points for every ₱20 foreign currency spend online and abroad. 

Key features and benefits:

• 2x points for every ₱30 local spend
• 2x points for every ₱20 foreign currency spend online and abroad
• Up to ₱10 million free travel insurance
• Up to 180 days of purchase protection insurance
• Up to four complimentary airport lounge passes to over 1,300 lounges worldwide when you meet the spend requirement

Fees and charges:

• Annual fee: Waived for the first year; ₱4,000 after
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200
• Foreign currency transaction fee: 1.85%

📌 BPI Amore Platinum Cashback Card

• Ideal for: Those who want premium perks and the best value for their money
• Minimum monthly income requirement: ₱83,333.33

This BPI credit card is the ultimate shopping partner in the Philippines and overseas, both for online and offline purchases. 

Get 4% cashback at restaurants or online food delivery services, 1% cashback at department stores and supermarkets, and 0.3% cashback for all other local and international retail spend. 

Key features and benefits:

• Cashback for every ₱1,000 spend anywhere: 4% on restaurants, 1% on supermarkets and other shopping stores, 0.3% on everything else
• Up to 36 months installment terms

Fees and charges:

• Annual fee: Waived for the first year; ₱5,000 after
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200
• Foreign currency transaction fee: 1.85%

📌 BPI Signature Card

• Ideal for: Affluent consumers looking for premium rewards and luxury travel perks
• Minimum monthly income requirement: ₱100,000

This premium BPI air miles credit card lets you unlock signature rewards and exclusive privileges.

Get a 50% discount on your dining, travel, health, and wellness spending all year round. Save when you shop abroad with BPI’s low forex conversion rate. This is all on top of other premium travel perks using the Signature card.

Key features and benefits:

• 2 BPI Points for every ₱20 spend
• 50% off Signature Deals
• Free travel insurance up to ₱20 million

Fees and charges:

• Annual fee: Waived for the first year; ₱5,500 after
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200
• Foreign currency transaction fee: 1.85%

📌 RCBC Classic Mastercard

• Ideal for: Money-savvy consumers and frequent travelers
• Minimum monthly income requirement: ₱15,000

With the RCBC Classic Mastercard, earn rewards points which you can convert to air miles, cash rebates, vouchers, and more. It also comes with free travel insurance! 

This card also comes with free budget monitoring tools so you can stay on track with your finances.

Key features and benefits:

• Non-expiring points 
• Free travel insurance 
• Free budget monitoring tools 

Fees and charges:

• Annual fee: Waived for the first year;^[2] ₱1,500 after
  
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200

📌 RCBC Flex Visa

• Ideal for: Shoppers who want financial flexibility 
• Minimum monthly income requirement: ₱15,000

The aptly named Flex Visa gives you flexibility—you can earn 2x rewards points on two of your preferred categories (dining, clothing, travel, or transportation), which you can change once every billing cycle. You can then use your points to redeem shopping vouchers, cash rebates, and more.

Key features and benefits:

• 2x rewards points on two preferred categories
• Change preferred categories once every billing cycle
• Redeemable shopping vouchers or cash rebates
• Free travel insurance
• Access to PAGSS Lounge in Terminals 1 & 3

Fees and charges:

• Annual fee: Waived for the first year;^[2] ₱1,500 after
  
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200

📌 RCBC Flex Gold Visa

• Ideal for: Cardholders who prioritize premium rewards and benefits 
• Minimum monthly income requirement: ₱50,000

The Flex Gold Visa is an upgraded version of the Flex Visa. Get 2x rewards on your three preferred categories from the following: household appliances, department store, travel, gas, and grocery.

Key features and benefits:

• 2x points in 3 preferred categories, including gas, grocery, travel, household appliances, and department store
• Travel insurance coverage 
• Access to PAGSS Lounge in Terminals 1 & 3

Fees and charges:

• Annual fee: Waived for the first year;^[2] ₱3,000 after
• Interest rate: 3%
• Late payment fee: ₱850
• Cash advance fee: ₱200

📌 Bank of Commerce Classic Mastercard

• Ideal for: Individuals looking for a basic everyday card
• Minimum monthly income requirement: ₱10,000

It's as classic as it gets with the Bank of Commerce Classic Mastercard. Use it for your everyday spending and enjoy 1 point for every ₱25 spend. If you enjoy shopping and dining, you get to earn up to 5x more points!

Key features and benefits: 

• 1 rewards point for every ₱25 spend
• Up to 5x points on shopping and dining spend
• 0% installment up to 36 months

Fees and charges:

• Annual fee: No annual fee forever if you met the minimum spend requirement by April 30, 2024 and redeem by June 30;^[3] ₱1,500 otherwise 
• Interest rate: 3%
• Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱700

📌 Bank of Commerce Platinum Mastercard

• Ideal for: Frequent travelers and shoppers
• Minimum monthly income requirement: ₱100,000

Love going abroad and shopping? Get the most bang for your buck with the Bank of Commerce Platinum Mastercard. Aside from the same rewards as the Classic Mastercard above, you also get to enjoy peace of mind with free travel insurance worth up to ₱2 million and the convenience of dual currency billing. 

Key features and benefits: 

• 1 rewards point for every ₱25 spend
• Up to 5x points on shopping and dining spend
• 0% installment up to 36 months
• Free travel insurance worth up to ₱2 million
• Dual currency billing

Fees and charges:

• Annual fee: No annual fee forever if you met the minimum spend requirement by April 30, 2024 and redeem by June 30;^[3] ₱5,000 otherwise 
• Interest rate: 3%
• Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱700

📌 Bank of Commerce World Mastercard

• Ideal for: Cardholders who enjoy the finer things in life
• Minimum monthly income requirement: Inquire with Bank of Commerce

World Mastercard cardholders get to enjoy the most premium perks—round-the-clock Mastercard Concierge Services, access to airport lounges worldwide, and exclusive offers at airports, hotels, and resorts.

Key features and benefits: 

• 1 rewards point for every ₱25 spend
• Free travel insurance worth up to ₱5 million 
• 0% installment up to 36 months
• 24/7 access to Mastercard Concierge Service
• Exclusive offers at airports worldwide 
• Exclusive benefits at participating resorts and hotels 
• Dual currency billing 

Fees and charges:

• Annual fee: No annual fee forever if you met the minimum spend requirement by April 30, 2024 and redeem by June 30;^[3] ₱6,000 otherwise
• Interest rate: 3%
• Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱700

📌 PNB-PAL Mabuhay Miles NOW Mastercard

• Ideal for: Loyal PAL clients
• Minimum monthly income requirement: ₱10,000

Who says earning travel miles is only for executives and jet-setters? If you’re a frequent flyer with Philippine Airlines, you can earn Mabuhay Miles even with a low monthly income, thanks to the PNB-PAL Mabuhay Miles NOW Mastercard. 

PNB's PNB-PAL Mabuhay Miles NOW Mastercard also waives principal cardholders' annual fees for the first three years.

Key features and benefits:

• 1,000 Mabuhay Miles welcome gift for new cardholders
• 1 rewards point = 1 Mabuhay Mile
• Exclusive year-round PAL online discount
• Card Protect for secure shopping
• Accepted globally

Fees and charges:

• Annual fee: Waived for the first three years; ₱1,000 after
• Interest rate: 3%
• Late payment fee: ₱1,000 or US$20 or the unpaid minimum amount due,
  whichever is lower
• Cash advance fee: ₱200 or US$3
• Foreign currency transaction fee: 2.50%

Final Thoughts

Owning a credit card comes with multiple kinds of convenience, but that convenience comes with a price. You have to cover the credit card’s annual fee just once a year. Still, the privilege of not having to settle it is a big deal—you get to save a bit of extra money. 

When choosing the right credit card with no annual fee, consider two important things: your lifestyle and your budget.

However, finding the right card can be challenging, so we recommend using Moneymax’s credit card comparison tool. Our free and easy-to-use platform lets you compare the features and rates of different credit cards and allows you to apply for a card right away.

Click the banner to get started! 

Sources:

• ^[1] UnionBank Rewards Credit Card No Annual Fee Promo
• ^[2] RCBC Fees & Charges
• ^[3] NO ANNUAL FEES FOR LIFE WITH YOUR BANKCOM CREDIT CARD!