Metrobank lowers InstaPay fee to PHP 8, strengthening push for digital payments

Metropolitan Bank & Trust Co. (Metrobank) has reduced its InstaPay transfer fee to its lowest rate ever at PHP8 per transaction starting February 1, 2026, reinforcing the Bank’s commitment to making digital financial services more accessible and cost-efficient for everyday use.

The reduced fee supports Metrobank’s thrust to enable seamless, everyday banking through its digital channels, allowing clients to transfer funds instantly for routine needs such as household expenses, bill payments, and small business transactions. Previously set at PHP25, the new rate positions Metrobank among the more competitive InstaPay fee offerings in the market. InstaPay transfers from one Metrobank account to another remains free of charge.

“By lowering our InstaPay fee to PHP8, we are making digital payments more convenient for our customers” said Ramon Del Rosario, Metrobank Consumer Business Sector Head. “It’s about supporting Filipinos in their day-to-day financial needs.”

“We just want our clients to have more options,” he added. “Every transaction should be simple, secure, and now, more affordable.”

Last year, Metrobank launched eSavings, a secure digital account that allows first-time Metrobank deposit clients to save, manage, and grow their money. With just a PHP2,000 minimum deposit balance, accountholders get access to a suite of benefits to save smarter and achieve their long-term goals with ease.

To enjoy lower InstaPay fees and FREE Metrobank-to-Metrobank transfers, open a Metrobank eSavings account anytime, anywhere through the Metrobank App. You can also visit any Metrobank branch near you to start your financial journey with the country's strongest bank.