Metrobank Cashback Visa Rebate Program

Definition

1. "Cashback Program” refers to the rebate program of Metropolitan Bank and Trust Company that may be participated in by Principal and Supplementary Cardholders and which are subject to the card’s terms and conditions.
2. “Card” refers to the Metrobank Cashback Visa credit card issued by Metropolitan Bank and Trust Company.
3. “Cardholder” refers to the person to whom or for whose use a Card was issued by Metropolitan Bank and Trust Company
4. “Principal Cardholder” refers to the Cardholder in whose name the credit card account is maintained
5. “Supplementary Cardholder” refers to the Cardholder to whom a Card was issued as an extension of the Principal Cardholder
6. "Cash Rebate” refers to the rebate earned through usage of the Metrobank Cashback Visa as specified in the Terms and Conditions which can be redeemed as may be determined by the Bank in its absolute discretion
7. “Merchant Category” means the classification of each merchant establishment as determined by the acquiring bank based on the nature of merchant’s business.

Eligibility and Redemption of Rebates

1. The Cashback Program is open to all Principal and Supplementary Metrobank Cashback Visa cardholders of good credit standing.

   *Good credit standing refers to Cardholders whose accounts are not delinquent, not under investigation due to suspected fraudulent activities, those whose Metrobank credit cards are not reported lost or stolen, and those who have not, otherwise, violated any of the Terms and Conditions Governing the Issuance and Use of Metrobank Credit Cards.

2. A cardholder will earn Cash Rebates at the following rates for purchases of goods or services charged to the Metrobank Cashback Visa card while the card is open, remains in good credit standing and is currently compliant with the terms and conditions:

   a. 5% Cashback on all supermarket/grocery, telecommunications (e.g. cable, streaming services), school and bookstore spend (Merchant Category Code: 5411, 5300, 5310, 4814, 8211, 8220, 8241, 8244,8249, 8299, 8351, 5942, 5943, 4899, 5422, 5462,5815, 5818, 5499,5817, 5968, 7829) if the minimum spend on non-supermarket/grocery, non-telecommunications, non-school and non-bookstore related purchases are at least P12,000; OR 0.20% Cashback on all supermarket/grocery, telecommunications (e.g. cable, streaming services), school and bookstore spend (Merchant Category Code: 5411, 5300, 5310, 4814, 8211, 8220, 8241, 8244, 8249, 8299, 8351,5942, 5943, 4899, 5422, 5462,5815, 5818, 5499, 5817, 5968, 7829) if the minimum spend of P12,000 on non-supermarket/grocery, non- telecommunications, non-school and non-bookstore related purchases is not met; or

   b. 0.2% cashback on all other retail purchases.

3. The Cash Rebates earned or deducted in the current Cardholder’s billing period will be posted and reflected in the succeeding statement of account.

4. The rebate amount shall be computed on a per transaction basis and shall be rounded off to the nearest peso.

5. The maximum cash rebate that can be earned under the Cashback Program is P1,000 per statement cycle only.

6. Cash2Go, Balance Transfers, Balance Conversions, Cash Advance, PayBills, PayNow and Fees and Charges that are debited to the account shall not earn any cash rebate.

7. A Cardholder will be disqualified from the Cashback Program if his or her Metrobank Cashback Visa becomes delinquent, suspended, cancelled or terminated before crediting the Cash Rebate.

8. Fraud and abuse relating to the earning of Cash Rebates in the Metrobank Cashback Visa shall result in the forfeiture of all earned Cash Rebates.

9. The Cardholder can redeem a minimum of P1,000 worth of Cash Rebates and in increments of P1,000 only. Upon redemption, the rebate amount shall be credited to the Metrobank Cashback Visa card. All successful redemptions are final, non-cancellable and non-reversible.

10. Cash Rebates can be redeemed via the Metrobank Customer Service Hotline 88-700-700. Cash Rebates earned in the account cannot be used to redeem rewards items from the Metrobank Rewards Catalogue.

11. Metrobank reserves the right to disqualify any Cardholder from further participation in this the Cashback Program and forfeit all Cash Rebates earned by the Cardholder in the Metrobank Cashback Visa if the Cardholder is delinquent, defaults in his payment or, if in Metrobank’s judgment, the said Cardholder has violated these Terms & Conditions and/or the Terms and Conditions Governing the Issuance and Use of Metrobank Credit Cards.

12. Transferring of rebates to another Metrobank credit or debit card product is not allowed.

13. The Metrobank Cashback Visa is not entitled to earn rewards points nor miles.

14. The Cash Rebate credited to the Cardholder’s account shall not be used to offset the Minimum Amount Due/Total Amount Due. The cardholder is required to settle at least the Minimum Amount Due in the statement to avoid late charges from being billed to his account.

15. In cases that the Cardholder upgrades, downgrades or converts the Metrobank Cashback Visa card to another product type prior to the crediting of Cash Rebates for a specific month, the new product type will not be able to earn cash rebates from transactions made in the previous statement cycle, prior to the upgrade, downgrade, or conversion.

16. The Cash Rebate credited for any eligible transaction that is subsequently reversed or disputed will automatically be deducted from the total Cash Rebate amount eligible in the same cycle when the reversal or cancellation is posted. If the total Cash Rebate eligible for the same cycle is insufficient, the reversal shall be applied to subsequent cycles until fully expended.

17. Metrobank may modify these Terms and Conditions at any time, and any such change is deemed to be binding on the Cardholder upon at least sixty (60) days’ prior notice, unless otherwise directed by the Bangko Sentral ng Pilipinas, existing laws, rules and regulations.

18. Metrobank reserves the right to change the types of transactions and or cash rebate rates, categories which are eligible for Cash Rebates or suspend, cancel or discontinue the Cashback Program with prior notice.

19. Any changes in these Terms and Conditions, the eligible transactions, spend categories eligible to earn cashback and percentage of cashback that can be earned, shall be communicated to the customers via the following channels:

20. The use of the Metrobank Card is subject to the Terms and Conditions Governing the Issuance and Use of Metrobank Credit Cards.

21. For inquiries or concerns, please call the Metrobank Customer Service Hotline at (02) 88-700-700 (Domestic Toll-Free Hotline 1-800-1888-5775), or International Toll-Free Hotline at (+ your country and area codes) 800- 8700-0707. For general inquiries, Cardholders may send Metrobank an email at customercare@metrobank.com.ph.

Metrobank is regulated by the Bangko Sentral ng Pilipinas https://www.bsp.gov.ph.