Everything You Need To Know About a Cashback Credit Card

Despite the fact that we spend much more of our time at home these days, it can still be tough to manage expenses.

Your internet connection isn’t cutting it? Time for an upgrade. Can’t watch the Playoffs live? Pay up for a streaming pass. Running out of food in the fridge? Time for another grocery run. Even when we’re stuck at home, there’s a lot we need to shell out for.

Faced with all these expenses, a wise home economist would try to find instruments that can help cut costs efficiently. That includes instruments like cashback credit cards, which help recoup some of the money you spend. You’ll score even more perks when you get the Metrobank Cashback Visa for yourself. Whether you’re currently in a financial bind or just looking for ways to spend smarter, this card can help you cushion your spending. Here’s what you need to know:

How much rebate can I get?
In its simplest form, this card helps you earn rebates from your expenditures. Imagine receiving a rebate of up to 8% on your essential spend such as wifi connection, mobile and internet subscriptions, content streaming services, and groceries—that’s up to 8% of your essential expenses that you get back. Not only that, but you can also get 0.2% rebate on all the other categories.

What are the qualified categories that earn an eight percent rebate?
The Metrobank Cashbank Visa gives cardholders up to 8% rebate on groceries, telecoms (i.e. mobile and internet bills, cable, content streaming services), school (tuition fees), and bookstore purchases when the P12,000 outstore spend is met, including but not limited to fuel, electricity, food take-out, and online shopping. This means that when you use your Metrobank Cashback Visa for all your expenses, you can earn money that will help finance your major necessities.

What is the maximum rebate I can get?
Metrobank Cashback Visa cardholders can get up to P1,000 rebate each month. Assuming you receive a P1,000 monthly rebate for 12 months, you can get a maximum rebate of P12,000 each year.

How long will the eight percent rebate promo period last?
You probably shouldn’t miss out on getting up to 8% rebate with this card, especially when this promo applies only to Metrobank Cashback Visa cardholders approved until August 31, 2021. Approved cardholders beyond the promo period can still get up to 5% rebate on the qualified categories.

Can a supplementary card owner earn rebates too?
Yes, supplementary cardholders are eligible to earn rebates. The cashback will be posted to the principal cardholder’s account, so if you’ve been covering your share of credit card expenses, be sure to let the principal cardholder know that you have a share in rebates, too.

How much is the annual membership fee?
You don’t have to worry about the annual membership fee in your first year—it’s free! After the first year, the annual fee for the Metrobank Cashback Visa is at P3,500 for principal cardholders and P1,750 for supplementary.

Don’t spend more, spend smart with the Metrobank Cashback Visa. If you’re ready to manage your household expenses like a pro, then apply for a Metrobank Cashback Visa today and get up to 8% rebate on your essential spend. For more information, visit https://metrobankcard.com/cards and follow the brand on Facebook.

Per DTI Fair Trade Permit No. FTEB – 111019, Series of 2020