In times when you need to keep cash within reach, one way to continue growing your money is to park it in a time deposit.

1. With all the economic uncertainty due to the pandemic, people need to keep cash available.
2. Time deposits don’t offer much by way of growth potential compared to other kinds of investments, but they have higher interest rates compared to regular savings.
3. Besides being relatively low risk, time deposits are covered by the Philippine Deposit Insurance Corporation (PDIC).
4. You can rebuild your emergency fund by opening and renewing time deposits.

- - -

It’s been almost half a year since the outbreak of COVID-19 in the Philippines and as everyone continues to adjust, there are still many things up in the air. The general financial advice for people is to have cash on hand. For the average person, liquidity – having cash easily within reach – is the name of the game.

Pandemic or not, you need cash on hand to purchase your essentials, pay your [bills](https://metrobank.com.ph/learn/prioritize-bills-to-pay-covid-19) as well as your premiums if you have[ health protection](https://metrobank.com.ph/learn/health-protection). This is a critical time to develop [good financial habits](https://metrobank.com.ph/learn/3-money-habits-covid-19). Among these skills is to set aside money for emergencies in an emergency fund. Whether you’re just starting to build one or replenishing it, having ample cash in reserve should be your first priority.

At least 6 months’ worth of your expenses is a good level of cash in reserve to keep on hand for your emergency fund. However, having money idly sit in a savings or checking account isn’t ideal while building or replenishing your cash reserves. There is still an opportunity to grow your money – time deposits.

### Time deposit basics

Banks offer investments called time deposits which let you park your cash for an amount of time called your term. At the end of the term, you get your money back with interest.

In general, the interest you get for your time deposit depends on two things: the amount of money you put in called your principal, and the length of the term. The larger the amount and the longer the term, the higher the interest. 

You can open a time deposit online using Metrobank Online with interest rates that can reach up to 1.25% interest per year, depending on your principal, and term length. Metrobank also offers time deposits in foreign currencies, but these are only available at branches, as of writing. (Learn more:[  Metrobank deposit rates and fees](https://metrobank.com.ph/rates-and-fees))

### Time deposits and your emergency fund

Among investments, time deposits are the most straightforward and contain relatively low amounts of risk. However, do not expect your money to grow by a large margin. The drawback of the low level of risk is the low potential for growth. However, what they do offer is easy access to your money. 

Unlike stocks, time deposits do not fluctuate in value which means you don’t have to worry about pulling out your money at a loss.

Unlike bonds, time deposits have comparatively short terms and low minimum investments. You can open a time deposit with PHP 10,000 for a term as short as one month. While PHP 10,000 is hardly enough for an emergency fund, you can still grow it as you continue to build/rebuild your emergency fund.

Let’s say you open a PHP10,000 1-month time deposit at 1.25% interest on Metrobank Online. That will earn you around PHP 10 per month which doesn’t seem like much but if you keep renewing your time deposit, possibly even adding more money as you continue to save, it can grow even more thanks to compound interest. Having it in a time deposit also helps you prevent unnecessary spending because you can’t withdraw it from an ATM. This is very important when you’re trying to rebuild your emergency fund.

You can also withdraw your money from your time deposit by pre-terminating before the end of the term but you only get a fraction of the interest you were supposed to get and you also have to pay a documentary stamps tax.

Note that pre-termination still involves the usual 20% withholding tax for peso time deposits and a 15% withholding tax for foreign currency time deposits.

Because of these features of a time deposit, while they are more accessible compared to most investments, you shouldn’t keep your entire emergency fund in one. This is because while you can withdraw in an emergency by pre-terminating it, it’s another step to go through that might take a day to process. Maybe more if you pre-terminate on a weekend.

A time deposit can help you build up towards an emergency fund but once you have your emergency fund, keep it in a savings account so you can mobilize your money in an instant if you need to.

### Time deposit protection

Time deposits are not absolutely risk-free. In any kind of investment, there will always be risk. With time deposits, the risk is if the bank you have a time deposit with runs out of cash. However, the likelihood of this happening is very rare these days because of strict regulations that require banks to always have a ratio of all the money deposited with them in reserves. 

Even when a bank is closed by the Monetary Board of the Bangko Sentral ng Pilipinas (BSP), all deposits, including the time deposits, are covered by the Philippine Deposit Insurance Corporation (PDIC) under the Department of Finance. The PDIC covers up to P1 Million per depositor per bank. If your deposit is larger than that, you can file a case against the bank at the Liquidation Court.

### A strategy to rebuild your emergency fund

If you’re rebuilding your emergency fund, you can try this time deposit strategy:

1. Take all the cash you have and earmark everything you need to pay for your essentials, your bills, your premiums, your debts, for one month.
2. If you have enough money left over to survive another month, then keep that money in savings. If not, save up and start again from Step 1.
3. When you’ve earmarked everything you need to spend on and can survive an extra month, put the rest of your cash in a one-month time deposit.
4. When the time deposit matures, repeat steps 1 and 2 and set aside what’s left.
5. Open a new one-month time deposit using the money from the previous and add more based on what you can set aside. 

Note that this is only one possible strategy designed to maximize flexibility over everything else. This is not designed with growth in mind. As with most personal finance, whether you apply a strategy or how you modify it depends on your personal circumstances.

For instance, if you have extra income from a [side hustle](https://metrobank.com.ph/learn/side-hustle-for-extra-cash), you can choose to put all your earnings from this exclusively into a time deposit to help speed things up. If you have dependents, having a one-month buffer might not be enough.

There are many factors involved in deciding how you’re going to go about it. However, the facts remain, everyone needs an emergency fund and taking advantage of the flexibility and relative safety of time deposits is one way of going about it.

_Learn more about time deposits and other ways to invest and make the most of your hard-earned money at <https://metrobank.com.ph/save/time-deposit>_

- - -

<font size="2">_This article is part of a collection of stories and practical financial tips that are published to help people learn from the experiences of others, and to pick out lessons on personal finance and sound money habits beyond the pandemic_</font>


You can use the flexibility and relatively low level of risk of time deposits to help in rebuilding your emergency fund.

Rebuilding your emergency fund with time deposits

Here is a summary of the changes to the current Deposit Terms and Conditions, effective June 25, 2021.

**Account balance, interest, and service charges**

* Savings accounts and certain checking accounts earn interest, as long as the minimum average daily balance (ADB) to earn interest is met. 
* Any account that falls below its minimum balance requirement for two consecutive months receives a service charge. 
* Metrobank sets interest rates, minimum ADB for earning interest, minimum balance requirements, and service charges, and it informs customers through its communication channels when there are adjustments.

For more information, please visit https://metrobank.com.ph/rates-and-fees

**Payroll account deactivation and reactivation**

* Metrobank may deactivate payroll accounts that show no payroll credit or other transactions, besides interest payments, for 90 consecutive days, without prior notice. 
* Deactivated payroll accounts can be reactivated at their branch of account.

**Official Metrobank channels**

* The official Metrobank website is metrobank.com.ph 
* For customer complaints, these are the ways to reach the Metrobank Contact Center: 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; o	24/7 Hotline: (02) 88-700-700<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; o	24/7 Domestic Toll-free: 1-800-1888-5775<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; o	Email: customercare@metrobank.com.ph<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; o	Facebook: www.facebook.com/metrobank<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; o	Twitter: www.twitter.com/metrobank 

**Your data privacy**

* You acknowledge that you give the bank permission to use the personal information you provide according to the Metrobank Data Privacy Policy.  
* You acknowledge that Metrobank upholds your rights to confidentiality and privacy but waive these rights when they conflict with Metrobank’s ability to uphold its lawful duties. 
* You acknowledge that when undertaking legal actions or remedies, Metrobank can disclose your account information to any appropriate judicial, law, or government agency without prior notice. 

For the full details of the Metrobank Privacy Policy, please visit https://metrobank.com.ph/privacy-policy

**Anti-fraud measures**

* Metrobank can hold and/or debit from accounts that can reasonably be suspected of being used for fraud, perjury, or any other illegal activity. 
* Metrobank can suspend or terminate an account’s access to ATMs, Metrobank Online, the Metrobank Mobile App, and any of its other electronic banking services if the account is suspected or found to be involved in fraud or any other source of legal, financial, operational, or other risks.

**Anti-fraud responsibilities**

* You acknowledge that you are solely liable and responsible for the safety and security of your account.
* You acknowledge that it is your duty to protect your account from fraud by keeping your personal and account information confidential.
* You agree that Metrobank will be held free, harmless, and indemnified against any losses, claims, suits, and damages arising from or in connection with any account that is compromised through cybercrime.

For the full details of how you can defend yourself against fraud, please visit https://metrobank.com.ph/fight-fraud

The current Deposit Terms and Conditions can be found at https://metrobank.com.ph/application-requirements and will be updated on June 25, 2021.

- - -

<details>
<summary>2020</summary>

Effective August 12, 2020, the changes to the current Deposit Terms and Conditions, include the following:

**On the use of your personal information***

* You authorize the Bank, without need of prior notice, to use your personal information in order for the Bank, its affiliates, and/or its subsidiaries to offer you other products, services, relevant to you.

**Addressing accounts of minors or legally incapacitated depositors (i.e. not expected to fully understand the nature of legal documents)\*\***

* Parents, guardians, or any other person exercising parental authority over a depositor have the responsibility to read, understand, and be bound to the Deposit Terms and Conditions and will be principally liable for the acts of the depositor.
* Depositors who are minors or legally incapacitated have a right to be educated by their parents or guardians on how to properly use their account/s as well as other products and services of Metrobank.
* Metrobank will be held free, harmless, and indemnified against any claims, suits, and damages arising from or in connection with any account held by a minor or legally-incapacitated depositor.

**Converting Fun Savers Club (FSC) to Regular Savings Account\*\***

* When the depositor reaches 18 years old, FSC accounts will automatically be converted to Regular Savings accounts. 
* The parent or guardian who opened an FSC-ITF account may also convert it to an FSC account if the depositor is at least 7 years old. 

**Defining In Trust For (ITF) accounts\*\***

* Parents or guardians who open ITF accounts are only holding and operating ITF accounts for the benefit of the minor or legally incapacitated depositor who is the true owner of the funds in the account. 
* When the depositor reaches 18 years old, while FSC-ITF accounts will automatically be converted to Regular Savings-ITF accounts which the depositor may request to be converted into a Regular Savings account. 
* Metrobank reserves the right to put a hold on an ITF Account for failure to update account records and may upon notice, classify said account as dormant, upon the lapse of a reasonable time determined by the Bank.

For more information, please read the [Deposit Terms and Conditions](https://web-assets.metrobank.com.ph/1624586882-deposit-terms-and-conditions-as-of-6-25-2021.pdf)

Note:
Information on this page is from: 

* Deposit Terms and Conditions, (DTC) (MB-I-M-182.4/Rev. Aug. '20)8 
* \*Depositor’s Consent Authority and Waiver of Confidentiality/Privacy of Personal Information for the Bank’s Legitimate Purposes/Needs
* \*\*Minor or Legally Incapacitated Depositor

</details>

&nbsp;

<font size="2">Deposits are insured by PDIC up to P1 Million per depositor.</font>


A number of changes is reflected on the Deposit Terms and Conditions effective June 25, 2021.

Updates to Deposit Terms and Conditions

Are you looking for a way to fight inflation? If so, a [time deposit](https://www.metrobank.com.ph/save/time-deposit) might be the right option for you. Time deposit offers a higher interest rate than other savings accounts, but requires you to leave your money for a set period of time. This can be a great way to make your money work for you. Let’s take a closer look at time deposit accounts. 

## What is a time deposit account?  

A time deposit account rewards you with a higher interest rate for keeping your money locked in with the bank for a fixed term. Banks offer various time deposit terms, ranging from overnight to 364 days for short-term time deposits, and over one year for long-term time deposits. Different banks offer different time deposit rates. But one thing that they all have in common is that a time deposit account yields more than regular savings accounts in exchange for not being able to take out your money for a while.

## Can I withdraw my money early?  

Withdrawing your funds before the agreed period will cost you an early withdrawal penalty fee. This means that even if you need access to some of your cash urgently, withdrawing early might be more costly than just letting the whole term pass and getting all your money back then. 

In the event you need to withdraw your money early, Metrobank allows you to withdraw your money, but you will only get 25% of the interest earned if you withdraw during the first-half of the term. If you withdraw during the second-half of the term, you only get 50%. Note that there may also be other fees and taxes involved.

## What are some of the benefits of time deposits?  

Time deposits are highly secured investment accounts that allow your money to grow at a reliable interest rate. A return on investment (ROI) is easier to predict than regular savings accounts which comes without locking up funds for an agreed period. There are different options in terms of term length and most importantly, you can't touch your money for the whole term. Time deposits are considered less risky than stocks or bonds because you are guaranteed a fixed interest as long as you keep the money in the time deposit for the prescribed amount of time. 

## Who would benefit from having a time deposit account?  

You can take advantage of time deposit accounts if you have savings that you do not intend to use for the time being. If you are not afraid of locking down funds for a fixed term, then you can consider putting some of your money into a time deposit.

If you are worried about locking your money, do not worry! Metrobank has different terms available so you can choose how long your money stays in the time deposit.

## Are there any risks to time deposits?  

The risk in investing in time deposits is whether the bank you leave your money with is stable or not. For example, if a bank’s management mishandles its finances and ends up closing down, you might not be able to get the amount you were guaranteed. However, time deposit accounts are covered by the Philippine Deposit Insurance Corporation (PDIC). This means, if your bank closes down, the PDIC will pay you your time deposit balance, but only up to P1 Million.

## Should I invest in time deposits?  

Time deposit lets you take advantage of compound interest through time deposit rollovers. This is when a time deposit reaches the end of its term, matures, and its proceeds are automatically placed in a new time deposit.   

For instance you initially choose a 3-month time deposit and decide you want it to roll over. When your time deposit matures, it and the interest it earned are placed in a new time deposit for a new term of 3 months. This goes on until you decide to no longer roll over your time deposit.

When you let your time deposit roll over, you can have the interest rate applied to the amount you accumulated from the initial time deposit term. So, this amount compounds with each time the time deposit rolls over. If your initial deposit is PHP 100,000 at 2% p.a. (per annum) with a 3-month term, at the end of the first term, you would have earned PHP 500.00. Deducting 20% tax will leave you with PHP 400. When it rolls over, the starting amount will now be PHP 100,400. At the end of the second term, you would have earned PHP 401.06 (after taxes), which is PHP 1.06 more than what you had earned from the first term. This compounding interest will keep on happening until you decide to deactivate your time deposit. The longer you let it roll over, the more interest you earn.  

## What is the difference between a savings account and a time deposit account?  

Time deposit tends to yield more interest than regular savings accounts which come without locking up funds for an agreed period.

In conclusion, time deposit accounts offer a reliable alternative for people who want to earn more from the money they don’t intend on spending. You can open a Metrobank time deposit account via Metrobank Online where you can keep your savings untouched for an agreed period of time.

Head to the nearest Metrobank branch or log in to your Metrobank Online today to open a time deposit.

Is a time deposit a good investment? We discuss that and more in this article dedicated to everything you need to know about time deposits

Let your savings grow with time deposits

Most fully-employed persons do not have the time or energy to do side hustles to augment their income. There are even ways of earning that do not require too much effort and would not take a lot of time to do. In fact, you can even earn while you’re sleeping. 

Income streams like these are generally described as passive income sources. Unlike active income, which is money earned from your regular work or business, passive income comes from a variety of owned assets and investments.  

Here are examples of passive income sources and where to get them:  

* **Time deposit accounts.** Probably the simplest form of passive income in this list, time deposit accounts is your money held by a bank for a specified amount of time (between one and 24 months) with a promise of higher interest compared to what is given by an ordinary savings account. Depending on the bank, interest rates can go anywhere from 1.2% per year to as high as 7.5%. This is also secure as time deposit accounts are insured by the Philippine Deposit Insurance Commission (PDIC) for up to P1 Million.  

A downside to time deposits is that the money cannot be withdrawn without incurring high pre-termination fees–you could potentially lose a small amount from your principal.  

* **Dividend-paying stocks and bonds:** There are bonds and stocks that provide revenue through dividends. These are payments that you receive regularly from publicly listed firms with whom you own shares of stock or bonds. The amount you receive is based on the profits of the company and how many stocks you actually have. In the case of bonds, the dividends are based on the annual interest rate that the company promised to deliver.  

	Stocks and bonds can be acquired by opening an account with an office-based or an online stockbroker. If you’re not familiar with how to get stocks and bonds, you can approach a bank who can help you open a stock trading account online and even hook you up with an investment specialist.  

* **Unit investment trust funds (UITF) and mutual funds.** Less complex approach to investing in stocks and bonds is by investing in UITFs and mutual funds. These are a pool of money from different investors and are put in several other investment instruments, such as stocks and bonds, collectively called a fund. This diversification ensures that not all the money invested loses its value in one type of investment instrument in the fund. The key difference between the two is that UITFs are regulated by the Bangko Sentral ng Pilipinas while mutual funds are regulated by the Securities and Exchange Commission. UITFs can be acquired through banks while mutual funds can be acquired by accredited brokers.  

	One challenge in mutual funds is that you cannot control where the money goes; once you give your investment, the amount is spread evenly across all the investment instruments identified in the fund. UITFs and mutual funds are also subject to 20% withholding tax. 

* **Income from real estate rental:** If you own a house or a big lot, you may have it leased out to a tenant who can pay you a monthly rent. This is a good way to earn income especially if you are a homeowner who is near high-traffic locations. You can either rent out a house that you own or just a room for bedspacing.  

	There are challenges to renting out a property. You have to spend time checking in with your tenants to see their situation and needs. If there are damages to your property due to wear and tear, you may have to spend on those, too. If this is taking too much of your time, you can hire a property manager to handle the maintenance and tenant issues. 

	Alternatively, you can purchase real estate investment trusts (REITs), a newly established investment instrument. It works similar to UITFs and mutual funds but REITs are exclusively invested in different real estate properties, such as residential types and commercial spaces. These are offered through accredited brokers and have low barriers to enter (around 5,000). However, the dividends are subject to the performance of the properties and are also taxed. 

* **Royalties:** Artists such as a musician, or a budding novelist, can receive income called royalties from your creation. Royalties are the license paid to the original creator when their creation is used or sold. On music streaming platforms such as Spotify, the creator can get some amount if his or her song is played by a subscriber. Some book authors also get paid when their digital books are purchased on an e-commerce platform.  

	But royalties tend to be technically very complex, especially if the original creators are unable to acquire legal representation for their creations beforehand. If you’re an artist, make sure to get a lawyer who is an expert on copyright laws in the Philippines to ensure that your creations are protected and that you can continue to earn from them. 

It may sound easy to do passive income but the initial work is always the most challenging. You have to take account of the assets that you own and if you are willing to use these for passive income. 

Then, you have to align your passive income targets with your actual financial goals. Will the money from your passive income be used to pay for your monthly utilities, for your travel plans, or for long-term retirement? Also, most passive income streams do not always earn regularly or even earn a lot (they depend on the performance of the company or product and service they are invested in). 

Still, passive income is a good option if you want your money to grow in value over a long period. So sleep easy and let your money grow.  

There are passive income streams that can let you earn more even if you don’t have time for side hustles. 

Earn from passive income

<center><font size="5">NOTICE TO IMPORTER & EXPORTER CLIENTS</font></center>

**Updated Service Fee for Payment of Final Duties** 

Please be informed of the updated standard fee for payment of final duties effective **December 16, 2024**. 
		

<table>
<thead>
 <th bgcolor= "#2a317d" rowspan="2"><font color="white"><center>Payment Arrangement</th>
 <th bgcolor= "#2a317d" rowspan="2"><font color="white"><center>Current Service Fee</th>
<th bgcolor= "#2a317d" rowspan="2"><font color="white"><center>New Service Fee</th>
  </tr>
	</thead>
<tbody>
  <tr>
    <td><br>Non-Automatic Debit Arrangement (Non-ADA)<br> 
    <td><br>PHP 300/transaction</td>
    <td><br>PHP 500/transaction</td>
  </tr>
  <tr>
    <td><br>Automatic Debit Arrangement (ADA)<br>
    <td><br>PHP 300/transaction</td>
    <td><br>No change</td>
  </tr>
</tbody>
</table>

Clients may reach out to their assigned Trade Finance Specialist, Relationship Manager, or Account Servicing Manager for questions or assistance. They may also e-mail queries to  tradecustomerservice@metrobank.com.ph. 
	 
- - - 
&nbsp; 

<center><font size="5">ACCOUNT MAINTENANCE CHARGES</font></center>  
	 
<table>
<thead>
 <th bgcolor= "#2a317d" rowspan="48"><font color="white"><center>PARTICULARS</th>
   <th bgcolor= "#2a317d" rowspan="48"><font color="white"><center>AMOUNT/CHARGES</th>
  </tr> 
	 </thead>
<tbody>
  <tr>
    <td colspan="2"><b>Service Charge for Withrawals Made Within Holding Period/Pre-Termination Fee</b></td>
  </tr>
  <tr>
    <td>Savings Deposit  Account</td>
    <td></td>
  </tr>
  <tr>
    <td> MetroDollar  Savings Account</td>
    <td></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Handling fee/Swap charges in withdrawals prior to <br/>the holding period of five banking days from date of deposit</td>
    <td>1/4 of 1% (0.0025)</td>
  </tr>
  <tr>
    <td>OFW US Dollar Passbook Savings Account</td>
    <td> </td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Handling fee/Swap charges in withdrawals prior <br/>to the holding period of five banking days from date of deposit</td>
    <td>1/4 of 1% (0.0025)</td>
  </tr>
  <tr>
    <td>Third Currency Savings Deposit</td>
    <td></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Handling fee (If withdrawn within the holding period of five banking days)</td>
    <td></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• JPY and CNY</td>
    <td>0.5% based on the amount withdrawn</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• All other third currencies</td>
    <td>1% based on the amount withdrawn</td>
  </tr>
  <tr>
    <td>Time Deposit</td>
    <td></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If pre-terminated within the first half of its maturity period</td>
    <td>75% interest rate stipulated in the certificate </td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If pre-terminated within the second half of its maturity period</td>
    <td>50% interest rate stipulated in the certificate </td>
  </tr>
  <tr>
    <td colspan="2"><b>Service Charge for  Closing Accounts Within One Month from Date of Opening<b/></td>
  </tr>
  <tr>
    <td>Savings Account</td>
    <td></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Peso Deposit Account</td>
    <td>PHP 200.00</td>
  </tr>
  <tr>
    <td colspan="2">Foreign Currency Deposit Account</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Metro Dollar Savings Account</td>
    <td>USD 10.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fun Savers Club (FSC) Account</td>
    <td>USD 5.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Chinese Yuan Regular Savings Account</td>
    <td>CNY 20.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Demand Deposit   Account</td>
    <td></td>
  </tr>
  <tr>
    <td>Peso Deposit Account</td>
    <td> </td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Regular Checking Account</td>
    <td>PHP 200.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• MetroChecking Extra</td>
    <td>PHP 200.00</td>
  </tr>
  <tr>
    <td colspan="2">Service Charge for Inactivity</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Prepaid Card</td>
    <td>PHP 20.00</td>
  </tr>
  <tr>
		<td colspan="2"><b>Service Charge for Interbranch Transactions</b></td>
  </tr>
  <tr>
		<td colspan="2"><b>Over-the-Counter Cash Deposit to Branch under a different area</b></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Below PHP 50,000.00</td>
    <td>PHP   50.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 50,000.00 to below PHP 500,000.00</td>
    <td>PHP 100.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 500,000.00 to below PHP 1,000,000.00</td>
    <td>PHP 500.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 1,000,000.00 and above</td>
    <td>PHP 1,000.00</td>
  </tr>
  <tr>
    <td colspan="2"><b>Cash deposit between Metro Manila branches or countryside branches within the same area</b></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Below PHP 500,000.00</td>
    <td>Free</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 500,000.00 to PHP 999,999.99</td>
    <td>PHP 250.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 1,000,000.00 and above</td>
    <td>PHP 500.00</td>
  </tr>
  <tr>
    <td colspan="2"><b>Cash Deposit at a Metro Manila branch for branches in Bulacan, Cavite, or between branches from aforesaid provinces</b></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Below PHP 100,000.00</td>
    <td>PHP 50.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 100,000.00 to PHP 499,999.99</td>
    <td>PHP 100.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 500,000.00 to PHP 999,999.99</td>
    <td>PHP 250.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 1,000,000.00 and above</td>
    <td>PHP 500.00</td> 
		</tr>
  <tr>
		 <td colspan="2"><b>Foreign Currency</b></td> 
  </tr>
  <tr> 
     <td>Interbranch Foreign Currency Cash Deposit</td>
    <td>1/4 of 1%</td>
  </tr> 
	<tr>
    <td colspan="2"><b>Deposits of Door-to-Door Remittance Companies and Money Changers</b></td>
  </tr>
  <tr>
     <td colspan="2"><b>Cash Deposit between Branches within the Same region</b></td> 
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 100,000 and below</td>
    <td>PHP 100.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Above PHP 100,000.00</td>
    <td>PHP 150.00</td>
  </tr>
  <tr>
    <td colspan="2"><b>Cash Deposit between Branches in Different Region</b></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• PHP 100,000 and below</td>
    <td>PHP 100.00</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Above PHP 100,000.00</td>
    <td>PHP 150.00</td>
  </tr>
</tbody></table>

- - -

<center><font size="5">AUTOMATED TELLER MACHINE CHARGES</font></center>

![Automated Teller Machine Charges](https://web-assets.metrobank.com.ph/1663228353-banking-services-atm-fees.png)

<font size="2">* Transfer made via ATM, MetrobankDirect Online, MetrobankDirect Mobile, and Metrophone is free for the first four transactions per month. Additional transfers will be charged with PHP25 per succeeding transaction. These charges are applicable for both Prepaid and Deposit Products</font><br>
<font size="2">** Checkbook Cost is P250</font>



- - -

<center><font size="5">OUTWARD BILLS FOR COLLECTION</font></center>

![Outward Bills For test](https://web-assets.metrobank.com.ph/1663201858-t11-outward-bills-for-collection-s1.png)

![](https://web-assets.metrobank.com.ph/1663228558-t11-outward-bills-for-collection-s2.png)

- - -

<center><font size="5">ELECTRONIC FUND TRANSFER CHARGES</font></center>

![Bank Transfers](https://web-assets.metrobank.com.ph/1675071105-electronic-fund-transfer-via-bank.jpg)

<font size="2">* Excludes documentary stamp tax applicable for foreign exchange</font>


<p style='text-align: right'><font size="2">Update as of 2 November 2021</font></p>


**Metrobank Online and the Metrobank App**


![](https://web-assets.metrobank.com.ph/1675071687-electronic-fund-transfers-instapay-pesonet.jpg)


<font size="2">* Sending to Corporate Accounts is not allowed, if the transaction is done via Metrobank's Retail Online Channels</font>


<p style='text-align: right'><font size="2">Update as of 31 December 2022</font></p>

&nbsp;

- - -

<font size="2">Deposits are insured by PDIC up to P1 Million per depositor.</font>

Please see below the updated Metrobank’s bank services and charges.

Bank Services and Charges

![Metrobank Business Online Solutions](https://web-assets.metrobank.com.ph/1701331967-mbos-fees-as-of-nov-2023.png)

<font size="2">* Documentary stamp tax: PHP 0.60 for every PHP 200.00, plus correspondent bank charges</font>

<p style='text-align: right'><font size="2">Update as of 29 November 2023</font></p>
---

&nbsp;

<font size="2">Deposits are insured by PDIC up to P1 Million per depositor.</font>

Metrobank Business Online Solution’s rates and fees for its products and services.

Metrobank Business Online Solution Rates and Fees

<font size="5">**PESO REGULAR TIME DEPOSIT**</font>

<table>
	<thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th>Amount</th>
    <th>O/N - 13 Days</th>
    <th>11 - 20 Days</th>
    <th>21-29 Days</th>
    <th>30 - 59 days</th>
    <th>60 - 179 Days</th>
    <th>180 - 364 Days</th>
  </tr></thead>
<tbody>
  <tr>
    <td>10,000 - 49,999</td>
    <td>-</td>
    <td>-</td>
    <td>-</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.125%</td>
  </tr>
  <tr>
    <td>50,000 - 199,999</td>
    <td>-</td>
    <td>-</td>
    <td>-</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.250%</td>
  </tr>
  <tr>
    <td>200,000 - 499,999</td>
    <td>-</td>
    <td>-</td>
    <td>-</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.250%</td>
  </tr>
  <tr>
    <td>500,000 - 999,999</td>
    <td>-</td>
    <td>-</td>
    <td>-</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.375%</td>
  </tr>
  <tr>
    <td>1,000,000 - 4,999,999</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.250%</td>
    <td>0.250%</td>
    <td>0.375%</td>
  </tr>
  <tr>
    <td>5,000,000 - 9,999,999</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.250%</td>
    <td>0.250%</td>
    <td>0.500%</td>
  </tr>
  <tr>
    <td>10,000,000 - 19,999,999</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.250%</td>
    <td>0.250%</td>
    <td>0.500%</td>
  </tr>
  <tr>
    <td>20,000,000 &amp; UP</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.125%</td>
    <td>0.250%</td>
    <td>0.250%</td>
    <td>0.500%</td>
  </tr>
</tbody></table>

<font size="2">*Rates are gross of 20% withholding tax. Documentary stamp tax on TD placements shouldered by the Bank.*</font>

<font size="2">*Interest rates are based on prevailing daily market rates, and are subject to change without prior notice.*</font>

<p style='text-align: right'><font size="2">Update as of February 21, 2025</font></p>

- - -

<font size="5"><b>ONLINE TIME DEPOSIT</b></font>

<table>
	<thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th rowspan="2">Placement Amount</th>
    <th rowspan="2">1 Month</th>
    <th rowspan="2">2 - 5 Months</th>
    <th rowspan="2">6- 12 Months</th>
  </tr>
  <tr>
  </tr></thead>
<tbody>
  <tr>
    <td rowspan="2">10,000 - 49,999</td>
    <td rowspan="2">4.125%</td>
    <td rowspan="2">4.125%</td>
    <td rowspan="2">4.125%</td>
  </tr>
  <tr>
  </tr>
  <tr>
    <td rowspan="2">50,000 - 199,999</td>
    <td rowspan="2">4.125%</td>
    <td rowspan="2">4.125%</td>
    <td rowspan="2">4.250%</td>
  </tr>
  <tr>
  </tr>
  <tr>
    <td rowspan="2">200,000 - 499,999</td>
    <td rowspan="2">4.125%</td>
    <td rowspan="2">4.125%</td>
    <td rowspan="2">4.250%</td>
  </tr>
  <tr>
  </tr>
  <tr>
    <td rowspan="2">500,000 - 999,999<br></td>
    <td rowspan="2">4.125%</td>
    <td rowspan="2">4.125%</td>
    <td rowspan="2">4.375%</td>
  </tr>
  <tr>
  </tr>
  <tr>
    <td rowspan="2">1,000,000 - 4,999,999<br></td>
    <td rowspan="2">4.250%</td>
    <td rowspan="2">4.250%</td>
    <td rowspan="2">4.375%</td>
  </tr>
  <tr>
  </tr>
  <tr>
    <td rowspan="2">5,000,000 - 9,999,999</td>
    <td rowspan="2">4.250%</td>
    <td rowspan="2">4.250%</td>
    <td rowspan="2">4.500%</td>
  </tr>
  <tr>
  </tr>
  <tr>
    <td rowspan="2">10,000,000 - 19,999,999<br></td>
    <td rowspan="2">4.250%</td>
    <td rowspan="2">4.250%</td>
    <td rowspan="2">4.500%</td>
  </tr>
  <tr>
  </tr>
  <tr>
    <td rowspan="2">20,000,000 &amp; UP</td>
    <td>4.250%</td>
    <td>4.250%</td>
    <td>4.500%</td>
  </tr>
</tbody></table> 

<font size="2">*Invest in an Online Time Deposit via https://onlinebanking.metrobank.com.ph/signin*</font><br/>

<font size="2">*Interest rates are based on prevailing daily market rates, and are subject to change without prior notice.*</font>

<p style='text-align: right'><font size="2">Update as of February 21, 2025</font></p>

- - -

<font size="5">**FOREIGN CURRENCY REGULAR TIME DEPOSIT**</font>

**US Dollar | British Pound Sterling | Euro**

<table>
	<thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th> Placement Amount </th>
    <th>7 to 29 Day/s</th>
    <th>1 Month/s</th>
    <th>2 Month/s</th>
    <th>3 Month/s</th>
    <th>6 to 9 Month/s</th>
    <th>12 Month/s</th>
  </tr></thead>
<tbody>
  <tr>
    <td><b>USD SA: 0.05% </b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 1,000-9,999 </td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
  </tr>
  <tr>
    <td> 10,000-49,999 </td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
  </tr>
  <tr>
    <td> 50,000-99,999 </td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
  </tr>
  <tr>
    <td> 100,000-499,999 </td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
    <td>0.10%</td>
    <td>0.15%</td>
    <td>0.15%</td>
  </tr>
  <tr>
    <td> 500,000-1,000,000 </td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
    <td>0.10%</td>
    <td>0.15%</td>
    <td>0.15%</td>
  </tr>
  <tr>
    <td><b>GBP SA: 0.25%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 1,000-49,999 </td>
    <td> - </td>
    <td>2.75%</td>
    <td>2.75%</td>
    <td>2.75%</td>
    <td>3.00%</td>
    <td>3.00%</td>
  </tr>
  <tr>
    <td> 50,000-99,999 </td>
    <td> - </td>
    <td>3.00%</td>
    <td>3.00%</td>
    <td>3.00%</td>
    <td>3.25%</td>
    <td>3.25%</td>
  </tr>
  <tr>
    <td> 100,000-1,000,000 </td>
    <td> - </td>
    <td>3.25%</td>
    <td>3.25%</td>
    <td>3.25%</td>
    <td>3.50%</td>
    <td>3.50%</td>
  </tr>
  <tr>
    <td><b>EUR SA: 0.00%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 1,000-49,999 </td>
    <td> - </td>
    <td>1.000%</td>
    <td>1.000%</td>
    <td>1.000%</td>
    <td>1.250%</td>
    <td>1.250%</td>
  </tr>
  <tr>
    <td> 50,000-99,999 </td>
    <td> - </td>
    <td>1.250%</td>
    <td>1.250%</td>
    <td>1.250%</td>
    <td>1.375%</td>
    <td>1.375%</td>
  </tr>
  <tr>
    <td> 100,000-1,000,000 </td>
    <td> - </td>
    <td>1.375%</td>
    <td>1.375%</td>
    <td>1.375%</td>
    <td>1.500%</td>
    <td>1.500%</td>
  </tr>
</tbody></table>

**Japan Yen | Swiss Franc | Chinese Yuan Renminbi | Canadian Dollar**

<table><thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th> Placement Amount </th>
    <th>7 to 29 Day/s</th>
    <th> 1 Month/s </th>
    <th> 2 Month/s </th>
    <th> 3 to 5 Month/s </th>
    <th> 6 to 11 Month/s </th>
    <th> 12 Month/s </th>
  </tr></thead>
<tbody>
  <tr>
    <td><b>JPY SA: 0.00%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 100,000-14,999,999 </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
  </tr>
  <tr>
    <td> 15,000,000-50,000,000 </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
  </tr>
  <tr>
    <td><b>CHF SA: 0.00%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 30,000-59,999 </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
  </tr>
  <tr>
    <td> 60,000-99,999 </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
  </tr>
  <tr>
    <td> 100,000-1,000,000 </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
    <td> - </td>
  </tr>
  <tr>
    <td><b>CNY SA: 0.25%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 7,000-99,999 </td>
    <td> - </td>
    <td>0.625%</td>
    <td>0.750%</td>
    <td>0.875%</td>
    <td>1.125%</td>
    <td>1.250%</td>
  </tr>
  <tr>
    <td> 100,000-199,999 </td>
    <td> - </td>
    <td>0.750%</td>
    <td>0.875%</td>
    <td>1.000%</td>
    <td>1.250%</td>
    <td>1.375%</td>
  </tr>
  <tr>
    <td> 200,000-1,000,000 </td>
    <td> - </td>
    <td>0.875%</td>
    <td>1.000%</td>
    <td>1.125%</td>
    <td>1.375%</td>
    <td>1.500%</td>
  </tr>
  <tr>
    <td><b>CAD SA: 0.25%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 1,000-49,999 </td>
    <td> - </td>
    <td>1.75%</td>
    <td>1.75%</td>
    <td>1.75%</td>
    <td>2.00%</td>
    <td>2.00%</td>
  </tr>
  <tr>
    <td> 50,000-99,999 </td>
    <td> - </td>
    <td>2.00%</td>
    <td>2.00%</td>
    <td>2.00%</td>
    <td>2.25%</td>
    <td>2.25%</td>
  </tr>
  <tr>
    <td> 100,000-1,000,000 </td>
    <td> - </td>
    <td>2.25%</td>
    <td>2.25%</td>
    <td>2.25%</td>
    <td>2.50%</td>
    <td>2.50%</td>
  </tr>
</tbody></table>

**Australian Dollar | Hong Kong Dollar | Singapore Dollar**

<table><thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th> Placement Amount </th>
    <th>7 to 29 Day/s</th>
    <th>1 Month/s</th>
    <th>2 Month/s</th>
    <th>3 to 5 Month/s</th>
    <th>6 to 11 Month/s</th>
    <th>12 Month/s</th>
  </tr></thead>
<tbody>
  <tr>
    <td><b>AUD SA: 0.125%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 1,000-49,999 </td>
    <td> - </td>
    <td>2.25%</td>
    <td>2.25%</td>
    <td>2.25%</td>
    <td>2.50%</td>
    <td>2.50%</td>
  </tr>
  <tr>
    <td> 50,000-99,999 </td>
    <td> - </td>
    <td>2.50%</td>
    <td>2.50%</td>
    <td>2.50%</td>
    <td>2.75%</td>
    <td>2.75%</td>
  </tr>
  <tr>
    <td> 100,000-1,000,000 </td>
    <td></td>
    <td>2.75%</td>
    <td>2.75%</td>
    <td>2.75%</td>
    <td>3.00%</td>
    <td>3.00%</td>
  </tr>
  <tr>
    <td><b>HKD SA: 0.125%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 1,000-49,999 </td>
    <td></td>
    <td>1.75%</td>
    <td>1.75%</td>
    <td>1.75%</td>
    <td>2.00%</td>
    <td>2.00%</td>
  </tr>
  <tr>
    <td> 50,000-99,999 </td>
    <td> - </td>
    <td>2.00%</td>
    <td>2.00%</td>
    <td>2.00%</td>
    <td>2.25%</td>
    <td>2.25%</td>
  </tr>
  <tr>
    <td> 100,000-1,000,000 </td>
    <td> - </td>
    <td>2.25%</td>
    <td>2.25%</td>
    <td>2.25%</td>
    <td>2.50%</td>
    <td>2.50%</td>
  </tr>
  <tr>
    <td><b>SGD SA: 0.125%</b></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td> 1,000-49,999 </td>
    <td> - </td>
    <td>1.25%</td>
    <td>1.25%</td>
    <td>1.25%</td>
    <td>1.50%</td>
    <td>1.50%</td>
  </tr>
  <tr>
    <td> 50,000-99,999 </td>
    <td> - </td>
    <td>1.50%</td>
    <td>1.50%</td>
    <td>1.50%</td>
    <td>1.75%</td>
    <td>1.75%</td>
  </tr>
  <tr>
    <td> 100,000-1,000,000 </td>
    <td></td>
    <td>1.75%</td>
    <td>1.75%</td>
    <td>1.75%</td>
    <td>2.00%</td>
    <td>2.00%</td>
  </tr>
</tbody></table>

<font size="2">*All Foreign Currency S/A and TD Rates are gross of 15.0% withholding tax.*</font><br/>
<font size="2">*TD's shown as "-" means TD is NOT offered for that amount and term while "0.000" means TD is offered at a 0.000% rate*</font>

<font size="2">*Interest rates are based on prevailing daily market rates, and are subject to change without prior notice.*</font>

<p style='text-align: right'><font size="2">Update as of  Oct 2, 2024</font></p>

- - -

<font size="5">**METRODOLLAR TIME DEPOSIT**</font>

<table>
<thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th> Placement Amount </th>
    <th>7 to 29 Day/s</th>
    <th>1 Month/s</th>
    <th>2 Month/s</th>
    <th>3 Month/s</th>
    <th>6 to 9 Month/s</th>
    <th>12 Month/s</th>
  </tr></thead>
<tbody>
  <tr>
    <td> 1,000-9,999 </td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
  </tr>
  <tr>
    <td> 10,000-49,999 </td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
  </tr>
  <tr>
    <td> 50,000-99,999 </td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
  </tr>
  <tr>
    <td> 100,000-499,999 </td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
    <td>0.10%</td>
    <td>0.15%</td>
    <td>0.15%</td>
  </tr>
  <tr>
    <td> 500,000-1,000,000 </td>
    <td>0.05%</td>
    <td>0.10%</td>
    <td>0.10%</td>
    <td>0.10%</td>
    <td>0.15%</td>
    <td>0.15%</td>
  </tr>
</tbody></table>
<font size="2">*Interest rates are based on prevailing daily market rates, and are subject to change without prior notice.*</font>

<p style='text-align: right'><font size="2">Update as of  Oct 2, 2024</font></p>

- - -

<font size="2">Deposits are insured by PDIC up to P1 Million per depositor.</font>

Metrobank’s time deposit rates and fees for its products and services. 

Time Deposit Rates and Fees

You only need to ready a few items when you open an account at any Metrobank branch. You will be required to submit one valid, photo-bearing ID with your signature. The following are the acceptable identification:

a. Philippine Identification Card (PhilID), including the printed PhilSys Digital ID (ePhilID)

b. Passport (including those issued by foreign governments)

c. Driver’s License

d. Professional Regulation Commission ID

e. Postal Identity Card

f. Voter’s ID

g. GSIS e-Card

h. Social Security System card or Unified Multi-Purpose ID

i. Senior Citizen Card

j. Overseas Filipino Worker ID or e-card

k. Seaman’s Book

l. Alien Certificate of Registration or Immigrant Certificate of Registration

m. Government Office and Government Owned and Controlled Corporations ID (e.g. BSP, SEC, Insurance Commission)

n. Persons with Disabilities ID issued by the National Council on Disability Affairs

o. Integrated Bar of the Philippines ID

p. Valid photo-bearing school ID signed by either the Principal, Registrar or Head of the School (student’s signature in the school ID is not required)

q. For Filipino students of public/government schools that do not issue school IDs:

* Individual school certifications containing picture and signature of the child certified by the principal or head of the school
* Blanket school certification signed by the principal or head of school (applicable for local sales activities conducted by the Bank at school premises)

r. Company ID (if signature bearing) issued by Covered Person registered with or supervised/regulated by BSP, SEC or Insurance Commission

**Deposit rates and fees**

Various rates and fees apply depending on the kind of account that you open.

See the list of rates for peso accounts and foreign-denominated accounts below:

![](https://web-assets.metrobank.com.ph/1663227121-t1-personal-deposit-products.png " Personal Deposit Accounts - Rates and Fees")

![](https://web-assets.metrobank.com.ph/1663227242-personal-foreign-currency-products.png " Personal Foreign Currency Deposits - Rates and Fees")

Read the Metrobank Deposit [Terms and Conditions](https://web-assets.metrobank.com.ph/1624586882-deposit-terms-and-conditions-as-of-6-25-2021.pdf).

_Deposits are insured by PDIC up to P1 Million per depositor._


These are the requirements when opening an account at any Metrobank branch.

What you need to know when opening an account

<center><font size="5">**PERSONAL DEPOSIT ACCOUNTS**</font></center>

	
![Personal Deposit Accounts](https://web-assets.metrobank.com.ph/1711519058-slide-1-v2.jpg)


<p style='text-align: right'><font size="2">Update as of March 2024</font></p>

- - -

<center><font size="5">**PERSONAL FOREIGN CURRENCY ACCOUNTS**</font></center>

![Personal Foreign Currency Deposit](https://web-assets.metrobank.com.ph/1663227242-personal-foreign-currency-products.png)

<p style='text-align: right'><font size="2">Update as of March 2024</font></p>

- - -

<center><font size="5">**CORPORATE DEPOSIT ACCOUNTS**</font></center>

![Corporate deposit rates](https://web-assets.metrobank.com.ph/1663227448-corporate-basic-banking-table.png)

<font size"2">* ATA – Automatic Transfer Agreement Effective October 2015</font>

<p style='text-align: right'><font size="2">Update as of March 2024</font></p>

- - -

<center><font size="5">**CORPORATE FOREIGN DEPOSIT ACCOUNTS**</font></center>

![Corporate Foreign Deposit Accounts](https://web-assets.metrobank.com.ph/1711519075-slide-2-v2.png)

<p style='text-align: right'><font size="2">Update as of March 2024</font></p>

&nbsp;

- - -

<font size="2">Deposits are insured by PDIC up to P1 Million per depositor.</font>

Metrobank’s rates and fees for its products and services. 

Deposit Account Rates and Fees

**What are Unit Investment Trust Funds**

Investors of any level of expertise and investment capacity can put their money in a basket of different kinds of investments through UITFs. There are several UITFs to choose from, each catering to a particular investment goal. They’re open-ended investments, meaning you get to choose when you put your money in and when you withdraw.

<font size="2">**Updated as of March 14, 2025**</font>

| Fund name | Net Asset Value per Unit (NAVPU) |
| ------------------------------------------------------------------------------------------------------------------------- | -------------------------------- |NAVPU
| [Metro Money Market Fund](https://www.metrobank.com.ph/assets/metro-money-market-fund.pdf) |1.917180|
| [Metro Max-5 Bond Fund](https://www.metrobank.com.ph/assets/metro-max-5-bond-fund.pdf) |2.279144|
| [Metro Max-3 Bond Fund](https://www.metrobank.com.ph/assets/metro-max-3-bond-fund.pdf) |2.312804|
| [Metro Corporate Bond Fund](https://www.metrobank.com.ph/assets/metro-corporate-bond-fund.pdf) |1.261029|
| [Metro Balanced Fund](https://www.metrobank.com.ph/assets/metro-balanced-fund.pdf) |3.358735|
| [Metro Equity Fund](https://www.metrobank.com.ph/assets/metro-equity-fund.pdf) |2.254753|
| [Metro Philippine Equity Index Tracker Fund](https://www.metrobank.com.ph/assets/metro-philippine-equity-index-tracker-fund.pdf) |0.949071|
| [Metro High Dividend Yield Unit Paying Fund](https://www.metrobank.com.ph/assets/metro-high-dividend-yield-fund.pdf)|1.131829|
| [Metro Unit Paying Fund](https://www.metrobank.com.ph/assets/metro-unit-paying-fund.pdf) |0.968977|
| [Metro Short Term Bond Fund](https://www.metrobank.com.ph/assets/metro-short-term-bond-fund.pdf) |1.242009|
| [Metrobank PERA Money Market Fund](https://www.metrobank.com.ph/assets/metrobank-pera-money-market-fund.pdf) |1.105279|
| [Metrobank PERA Bond Fund](https://www.metrobank.com.ph/assets/metrobank-pera-bond-fund.pdf) |1.107296|
| [Metrobank PERA Equity Fund](https://www.metrobank.com.ph/assets/metrobank-pera-equity-fund.pdf) |0.996571|
| [Metro$ Max-3 Bond Fund](https://www.metrobank.com.ph/assets/metro-dollar-max-3-bond-fund.pdf) |1.905460|
| [Metro$ Max-5 Bond Fund](https://www.metrobank.com.ph/assets/metro-dollar-max-5-bond-fund.pdf) |2.209933|
| [Metro$ Short Term Bond Fund](https://www.metrobank.com.ph/assets/metro-dollar-short-term-bond-fund.pdf) |1.484031|
| [Metro$ Money Market Fund](https://www.metrobank.com.ph/assets/metro-dollar-money-market-fund.pdf) |1.132683|
| [Metro$ Asian Investment Grade Bond Fund ](https://www.metrobank.com.ph/assets/metro-asian-investment-grade-bond-fund.pdf) |1.144052|
| [Metro Aspire Bond Feeder Fund](https://www.metrobank.com.ph/assets/metro-aspire-bond-feeder-fund.pdf) |1.236847|
| [Metro Aspire Balanced Feeder Fund](https://www.metrobank.com.ph/assets/metro-aspire-balanced-feeder-fund.pdf) |1.020176|
| [Metro Aspire Equity Feeder Fund](https://www.metrobank.com.ph/assets/metro-aspire-equity-feeder-fund.pdf) |0.946204|



<font size="2">**Updated as of March 13, 2025**</font>

| Fund name | Net Asset Value per Unit (NAVPU) |
| ------------------------------------------------------------------------------------------------------------------------------------------------ | -------------------------------- |
| [Metro$ US Equity Feeder Fund](https://www.metrobank.com.ph/assets/metro-dollar-us-equity-feeder-fund.pdf) |2.001437|
| [Metro$ China Equity Feeder Fund](https://www.metrobank.com.ph/assets/metro-dollar-china-equity-feeder-fund.pdf) |1.009506|
| [Metro$ Japan Equity Feeder Fund](https://www.metrobank.com.ph/assets/metro-dollar-japan-equity-feeder-fund.pdf) |1.149670|
| [Metro$ US Investment Grade Corp Bond Feeder Fund](https://www.metrobank.com.ph/assets/metro-dollar-us-investment-grade-corporate-bond-feeder-fund.pdf) |1.025189|
| [Metro Clean Energy Equity Feeder Fund](https://www.metrobank.com.ph/assets/metro-clean-energy-equity-feeder-fund.pdf) |1.040636|
| [Metro$ Eurozone Equity Feeder Fund](https://www.metrobank.com.ph/assets/metro-dollar-eurozone-equity-feeder-fund.pdf) |1.283010|



<font size="2">**Updated as of March 12, 2025**</font>

| Fund name                               | Net Asset Value per Unit (NAVPU) |
|-----------------------------------------|----------------------------------|
|[Metro Multi-Themed Equity Fund of Funds](https://www.metrobank.com.ph/assets/metro-multi-themed-equity-fund-of-funds.pdf) |0.868877|
|[Metro$ World Equity Feeder Fund](https://www.metrobank.com.ph/assets/metro-dollar-world-equity-feeder-fund.pdf) |1.616727|



Click [here](/articles/historical-net-asset-value-per-unit-return-on-investment) to view the historical NAVPU. 

**Understanding the Net Asset Value per Unit** 

Net Asset Value per Unit, or NAVPU, on the other hand, is the underlying value of each unit. NAVPU is important because it allows you to compare how different schemes are trading, even though they may have very different prices. A large difference between price and NAVPU suggests that the market believes that either some better pricing is available, or that the NAV is overstated.

Investing in a Unit Investment Trust Fund (UITF) means you are buying units of participation. The amount of units you get depends on how much money you invest. How much each unit is worth will depend on the Net Asset Value Per Unit (NAVPU) which is the current market value of each unit of participation in the fund.

**NAVPU Computation Method**

NAVPU (net asset value per unit) is the total market value of the investment fund minus expenses and liabilities, divided by total number of units of participation.

**How to understand and interpret NAVPU**

To determine the value of your UITF investment, simply multiply the net asset value per unit (NAVPU) by the number of units of participation acquired. The value of the NAVPU changes daily depending on current market conditions

NAVPU will be different for various funds because the value of their investments will be different.

Check the performance of Metrobank’s unit investment trust funds (UITFs) by looking at their corresponding net asset value per unit (NAVPU).

Net Asset Value per Unit (NAVPU) 

Pursuant to SEC Notice dated February 22, 2024, copies of the Notice of Meeting, Definitive Information Statement, and other related documents in connection with the Meeting may be accessed through the [PSE Edge Portal](https://edge.pse.com.ph/) or by downloading them here. Click the link to view and download the document. 

* [Notice of Annual Stockholders' Meeting](https://web-assets.metrobank.com.ph/1741952449-2025-notice-of-asm-masked.pdf) 
* [Preliminary Information Statement of Annual Stockholders’ Meeting](https://web-assets.metrobank.com.ph/1741921291-metrobank_sec-20-is-2024-preliminary-information-statement_13march-2025_for-uploading.pdf) 
* Definitive Information Statement of Annual Stockholders’ Meeting 

View the important disclosures regarding the 2025 Annual Stockholders’ Meeting. 

Notice and Agenda of the 2025 Annual Stockholders’ Meeting

Metropolitan Bank & Trust Company Form SEC 20-IS (Information Statements) as submitted to the Securities and Exchange Commission.

**2025**
<br>[SEC Form 20-ISA Preliminary Information Statement For The Year 2025](https://web-assets.metrobank.com.ph/1741921291-metrobank_sec-20-is-2024-preliminary-information-statement_13march-2025_for-uploading.pdf)

**2024**
<br>[SEC Form 20-IS For the Year 2024](https://web-assets.metrobank.com.ph/1711520800-mbtc-definitive-information-statement-for-annual-stockholders-meeting.pdf)
<br>[SEC Form 20-ISA Preliminary Information Statement For The Year 2024](https://web-assets.metrobank.com.ph/1710986367-mbtc-preliminary-information-statement-for-annual-stockholders-meeting_04-24-24-masked.pdf)

**2023**
<br>[SEC Form 20-IS For the Year 2023](https://web-assets.metrobank.com.ph/1680502913-asm2023-sec-20-is-definitive-information-statement.pdf)
<br>[SEC Form 20-ISA Preliminary Information Statement For The Year 2023](https://web-assets.metrobank.com.ph/1679390494-metrobank_sec-20-is-2022-preliminary-information-statement_17march-2023.pdf)


**2022**
<br>[SEC Form 20-IS For the Year 2022](https://web-assets.metrobank.com.ph/1649051306-asm2022-sec-20-is-definitive-information-statement.pdf)
<br>[SEC Form 20-ISA Preliminary Information Statement For The Year 2022](https://web-assets.metrobank.com.ph/1647842754-metrobank_sec-20-isa-2021-preliminary-information-statement_18march-2022.pdf)


**2021**
<br>[SEC Form 20-IS For the Year 2021](https://web-assets.metrobank.com.ph/1623404543-asm2021-sec-20-is-definitive-information-statement.pdf)
<br>[SEC Form 20-ISA Preliminary Information Statement For The Year 2021](https://web-assets.metrobank.com.ph/1623646405-metrobank-sec-20-is-preliminary-information-statement.pdf)

**2020**
<br>[SEC Form 20-IS For the Year 2020](https://web-assets.metrobank.com.ph/1623403163-metrobank-sec-20-is-definitive-information-statement.pdf)


**2019**
<br>[SEC Form 20-IS For The Year 2019](https://web-assets.metrobank.com.ph/1623403163-metrobank-sec-20-is-definitive-information-statement.pdf)


**2018**
<br>[SEC Form 20-IS For The Year 2018](https://web-assets.metrobank.com.ph/1606467361-sec-form-20-is-for-the-year-2018.pdf)


**2017**
<br>[SEC Form 20-IS For The Year 2017
](https://web-assets.metrobank.com.ph/1632750105-sec-form-20-is-for-the-year-2017.pdf)

**2016**
<br>[SEC Form 20-IS For The Year 2016
](https://web-assets.metrobank.com.ph/1632750045-sec-form-20-is-for-the-year-2016.pdf)

**2015**
<br>[SEC Form 20-IS For The Year 2015
](https://web-assets.metrobank.com.ph/1632749984-sec-form-20-is-for-the-year-2015.pdf)

**2014**
<br>[SEC Form 20-IS For The Year 2014
](https://web-assets.metrobank.com.ph/1632749936-sec-form-20-is-for-the-year-2014.pdf)

Metropolitan Bank & Trust Company Form SEC 20-IS (Information Statements) as submitted to the Securities and Exchange Commission.

Metrobank SEC Form 20-IS (Information Statements)

Indicative Foreign Exchange Rate as of **March 14, 2025  10:33 AM**

These rates are indicative only and may change without prior notice.

Visit your nearest branch to know the actual rates for the day.

| Currency                | BUYING - Notes | BUYING - Draft | BUYING - TT/EB | SELLING - DD/TT/IB |
| ----------------------- | -------------- | -------------- | -------------- | ------------------ |
| US Dollar (USD)         |  57.1000 | 57.1000 | 57.1000 |  57.6000 |
| Euro (EU)               |  59.8300 | 61.3900 | 61.5900 |  62.7100 |
| British Pound (GBP)     |  70.7600 | 73.3800 | 73.5800 |  74.8200 |
| Swiss Franc (CHF)       |  62.9900 | 63.9900 | 64.1900 |  65.5000 |
| Japanese Yen (JPY)      |   0.3694 |  0.3818 |  0.3838 |   0.3898 |
| Australian Dollar (AUD) |  34.1700 | 35.4000 | 35.6000 |  36.5000 |
| Canadian Dollar (CAD)   |  38.1200 | 39.1400 | 39.3400 |  40.1000 |
| Danish Kroner (DKK)     |     -    |  7.9200 |  8.1200 |  8.5500  |
| Hong Kong Dollar (HKD)  |   7.1100 |  7.1400 |  7.3400 |  7.4200  |
| Singapore Dollar (SGD)  |  41.5000 | 42.3500 | 42.5500 |  43.2400 |
| Chinese Yuan (CNY)      |   7.8600 |    -    |    -    |  7.95000 |
| Bahrain Dinar (BHD)     | 145.8800 |    -    |    -    |     -    |
| Brunei Dollar (BND)     |  41.1500 |    -    |    -    |     -    |
| Indonesia Rupiah (IDR)  |   0.0032 |    -    |    -    |     -    |
| Saudi Arabia Rial (SAR) |  14.6600 |    -    |    -    |     -    |
| Thai Baht (THB)         |  1.6056  |    -    |    -    |     -    |

Different countries have different currencies, and it is through Foreign Exchange that people can convert the currency of one country into another. For instance, if the Philippine foreign exchange rate vs USD is at 52.250, this means that 1 US dollar can be converted into 52.250 Philippine pesos.

Foreign currency exchange rates are constantly changing without notice; they can go up or down depending on market conditions, the perceived strength of the Philippines’ economy, and other factors that may not be related to its actual situation.

**Understanding the Foreign Currency Exchange Market**

The trading of foreign exchange is a global market activity where market participants generally consist of government institutions, financial institutions, fund managers, brokers, corporations and retail investors. Given the wide accessibility of foreign exchange markets, large movements and heightened volatility are unavoidable. Hence, central banks would occasionally employ policies to ensure market stability. Although, there is no single entity that controls or dictates foreign exchange rates.

Free market conditions generally prevail, which means that foreign currency exchange rates move based on supply and demand. For instance, importers may look to purchase US Dollars to pay their suppliers abroad. Exporters, on the one hand, would likely seek to exchange their foreign currency revenues into Pesos in order to cover their operating expenses. Retail clients may purchase Japanese yen for a travel holiday to Japan. Overseas workers may remit their Euros to their families, who would in turn, convert this into Pesos to spend. Prices are determined in this manner—the greater the demand for one currency versus another, the higher their exchange rate. Conversely, the more sellers there are of one currency versus another, the lower its exchange rate tends to be.

These are some of the numerous ways in which foreign exchange markets operate and benefit the international economy. They allow for the globalization of trade, accessibility of travel, and diversification of investments.

Because forex rates, both in the Philippines and elsewhere, are always changing, the forex exchange rate today will most likely be different from the rate tomorrow.

For more information click [here](/help#FAQ-Forex).

Stay updated with what’s happening in the world of foreign exchange.

Foreign Exchange Rate

Congratulations to the lucky winners of The Travel Club eGCs worth PHP 5,000!
<br>
	<table>
	<thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th colspan="2">Names of Winners</th>
  </tr></thead>
<tbody>
  <tr>
    <td>Juliet Canlas</td>
    <td>Beverly Murillo</td>
  </tr>
  <tr>
    <td>Imelda Kalaw</td>
    <td>Michelle Nuqui</td>
  </tr>
  <tr>
    <td>Ruby Caronan</td>
    <td>Amanda Sta Romana</td>
  </tr>
  <tr>
    <td>Mia Solidum</td>
    <td>Joseph Chua</td>
  </tr>
  <tr>
    <td>Stenili Gruta</td>
    <td>Ernan Dimayuga</td>
  </tr>
  <tr>
    <td>Mary Villanueva</td>
    <td>Lea Gomez</td>
  </tr>
  <tr>
    <td>Maria Nepomuceno</td>
    <td>Clare Catimbang</td>
  </tr>
  <tr>
    <td>Bernardo Ortega</td>
    <td>Laurence Cabaltea</td>
  </tr>
  <tr>
    <td>Corazon Romero</td>
    <td>Gerry Foliente</td>
  </tr>
  <tr>
    <td>Jonathan San Pedro</td>
    <td>Ivy Garcia</td>
  </tr>
  <tr>
    <td>Jose Lesaca</td>
    <td>Rubyleen De Los Reyes Poblete</td>
  </tr>
  <tr>
    <td>Ma. Milagros Lim</td>
    <td>Gerry Celino</td>
  </tr>
  <tr>
    <td>Danica Macatulad</td>
    <td>Edgar Tan</td>
  </tr>
  <tr>
    <td>Luz Saringan</td>
    <td>Mai Reyes</td>
  </tr>
</tbody></table> 
		
Each winner will be notified via SMS and letter using their mobile number and address registered with the bank.

**Redemption of Treats**

1. Once the SMS notification has been received from Metrobank, the winner may simply present the SMS with the Treats code to the participating The Travel Club store for verification.

2. The winner must inform the store frontliner that s/he want to claim Treats.

3. Item/s purchased using Treats will only be released after the code has been verified by the store.

4. If the purchase price exceeds the value of Treats, the excess amount will have to be paid by the winner. If the Treats are redeemed for less than PHP 5,000, the excess amount will no longer be valid or carried over in the next purchase.

For the full mechanics, visit: https://www.metrobank.com.ph/promos/debit-raffle-travel-fair-2025

Click the dropdown below to view the list of participating The Travel Club stores where you can redeem your eGCs until May 13, 2025.

For questions or concerns, winners may call our Contact Center at (02) 88-700-700.

Terms and conditions apply. Per DTI Fair Trade Permit No. FTEB-213022, Series of 2025.

For your security, do not share your personal and bank details with anyone.

<details>
	<summary><b>List of participating The Travel Club Stores</b></summary>
	<br>
<table>
	<thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th colspan="2">List of participating The Travel Club Stores</th>
  </tr></thead>
<tbody>
  <tr>
    <td>Agusan del Norte</td>
    <td>THE TRAVEL CLUB ROBINSONS BUTUAN<br><br>Level 1, Space#1-01152 Jc Aquino Avenue, Bayanihan Butuan</td>
  </tr>
  <tr>
    <td>Albay</td>
    <td>THE TRAVEL CLUB AYALA MALLS LEGAZPI<br><br>Unit 174 &amp; 175 G/F Liberty City Center Mall,Cor.Rizal St. Quezon Ave. Legazpi</td>
  </tr>
  <tr>
    <td>Batangas</td>
    <td>THE TRAVEL CLUB SM BATANGAS<br><br>SMBA-149 Ground Floor, SM City Batangas, Brgy. Pallocan West Batangas</td>
  </tr>
  <tr>
    <td>Benguet</td>
    <td>THE TRAVEL CLUB SM BAGUIO<br><br>Unit Ex-0101 - 0102 Sm City Baguio, Luneta Hill, Upper Session Baguio</td>
  </tr>
  <tr>
    <td>Bulacan</td>
    <td>THE TRAVEL CLUB SM MARILAO<br><br>1155, Ground Floor, SM City Marilao, Km. 21 Barangay Ibayo, Mc-Arthur Highway Marilao</td>
  </tr>
  <tr>
    <td>Capiz</td>
    <td>THE TRAVEL CLUB ROBINSONS ROXAS<br><br>Level 1-01140, Robinsons Place Roxas, Pueblo De Panay, Brgy. Lawa-An Roxas</td>
  </tr>
  <tr>
    <td rowspan="3">Cavite</td>
    <td>THE TRAVEL CLUB ACIENDA DESIGNER OUTLET<br><br>Unit 71, Km 48 Emilio Aguinaldo Highway Corner Balubad Road Brgy. Lalaan 1 Silang</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB AYALA THE DISTRICT IMUS<br><br>2nd Floor Unit 239B The District Cavite Aguinaldo Hiway Daang Hari Road Barangay Anabu 2-D Imus</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SERIN TAGAYTAY NEW<br><br>2nd Floor Ayala Malls Serin Tagaytay Tagaytay City Silang</td>
  </tr>
  <tr>
    <td rowspan="4">Cebu</td>
    <td>THE TRAVEL CLUB AYALA CENTER CEBU<br><br>Level 1, Ayala Center Cebu, Business Park Cebu</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB ROBINSONS GALLERIA CEBU<br><br>Level 1 Unit 1090 &amp; 1091, Robinsons Galleria, Cebu General Maxilom Avenue Cebu</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM CEBU<br><br>B123 Upper Ground Floor Sm City Ceb Nra. Mabolo Cebu</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM SEASIDE CITY CEBU<br><br>2nd Floor, SM Seaside Cebu City, 6000 Cebu</td>
  </tr>
  <tr>
    <td>Davao del Norte</td>
    <td>THE TRAVEL CLUB ROBINSONS TAGUM<br><br>Level 1 Unit 115B-116A, Robinsons Place Tagum,Visayan Village Tagum</td>
  </tr>
  <tr>
    <td rowspan="2">Davao del Sur</td>
    <td>THE TRAVEL CLUB AYALA ABREEZA<br><br>Level 2 Space 2052 Abreeza Mall, JP Laurel Ave., Brgy. 20-B Bajada Davao</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM DAVAO<br><br>156 Ground Floor SM City Davao Quimpo Boulevard cor Tulip Drive, Eco West Drive, Baranggay Matina Davao</td>
  </tr>
  <tr>
    <td>Ilocos Norte</td>
    <td>THE TRAVEL CLUB ROBINSONS LAOAG<br><br>Spc 139 140 Il Rob Ilocos Norte Nat'L High Way Brgy 1, San Francisco San Nicolas Laoag</td>
  </tr>
  <tr>
    <td>Iloilo</td>
    <td>THE TRAVEL CLUB SM ILOILO<br><br>1025 Upper Ground Floor, SM City Iloilo, Benigno Aquino Avenue, Jaro-West Diversion Road, Mandurriao Iloilo</td>
  </tr>
  <tr>
    <td>Isabela</td>
    <td>THE TRAVEL CLUB ROBINSONS SANTIAGO<br><br>Space No. 01155 Level 1 Ttc Rob Place Santiago, Brgy Mabini Santiago</td>
  </tr>
  <tr>
    <td rowspan="21">Metro Manila</td>
    <td>THE TRAVEL CLUB ALABANG TOWN CENTER<br><br>3008 2F The Garden Alabang Town Center Muntinlupa</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB AYALA GLORIETTA 4<br><br>211 2Nd Flr. Glorietta 4 Ayala Center, San Lorenzo, City Of Makati Ncr, Fourth District Philippines 1223 Makati</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB AYALA MALLS MANILA BAY<br><br>2276-77 Second Level Ayala Malls Manila Bay Diosdado Macapagal Blvd, Entertainment City Parañaque</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB AYALA TRINOMA<br><br>Space 2099B And 2100B Level 2 Ntdcc Trinoma Edsa Cor. North Avenue Quezon</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB ESTANCIA MALL<br><br>Lower Floor Unit B1-035, Estancia Capitol Commons Meralco Ave Cor Shaw Blvd Oranbo Pasig</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB EVIA LIFESTYLE CENTER<br><br>2F 30D - 32D Second Floor Bldg E, Evia Lifestyle Center Las Piñas</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB FESTIVAL MALL<br><br>2009A 2nd Level, Festival Supermall, Filinvest Corporate City, Alabang Muntinlupa</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB MEGAWORLD EASTWOOD<br><br>Level 3 Unit A305 Eastwood City Cyberpark E Rodriguez Jr Ave C-5 Bagumabayan Quezon</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB MEGAWORLD LUCKY CHINATOWN<br><br>Unit Lctm 25 G/F Lucky Chinatown Mall, Reina Regente Corner Dela Reina St. Brgy 293, Zone 28, District 3, Binondo Manila</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB ONE BONIFACIO HIGH STREET<br><br>Unit Ug43, Upper Ground Floor One Bonifacio High Street, Bonifacio Global City Taguig</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB ROBINSONS ERMITA<br><br>Level 2 Space 155, Robinsons Place, M. Adriaticocor, Pedro Gil St. Baranggay 670 Ermita Ncr Manila</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB ROBINSONS MAGNOLIA<br><br>Level 2 Unit 00205 Robinsons Magnolia, Aurora Boulevard Cor. Dona Hemady And N. Domingo St. Brgy. Kaunlaran, New Manila Quezon</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB ROCKWELL POWER PLANT MALL<br><br>Stall No. R2-225 Level 2 Rockwell Center, Amapola Cor., Estrella Sts. Makati</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SHANGRILA PLAZA<br><br>Unit 148A Level 1 Shangrila Plaza Mall Edsa Corner Shaw Blvd. Wack Wack Mandaluyong</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM FAIRVIEW NEW<br><br>152 Ugf, Sm City Fairview, Quirino Highway, Regalado Ave. Brgy. Greater Lagro Quezon</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM MALL OF ASIA<br><br>SMOA 129-130(Mm) Sm Mall Of Asia Jw Diokno Blvd Mall Of Asia Complex Pasay</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM MEGAMALL<br><br>Unit 262A, Sm Megamall Edsa Corner Julia Vargas Ave. Mandaluyong</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM NORTH EDSA ANNEX<br><br>Smne-208(Ax1)Annex 1 Bldg.,Sm North Edsa Cor. North Ave, Brgy. Sto. Cristo Quezon</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM SOUTHMALL<br><br>1193-1194 Ugf The Travel Club Sm Southmall, Almanza Uno, Alabang Zapote Rd Las Piñas</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB UPTOWN BONIFACIO NEW<br><br>3rd Level Uptown Place Mall, 9th Ave. corner 36th St., Uptown Bonifacio, The Fort Taguig</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB V-MALL GREENHILLS<br><br>Unit V_111B V-Mall Greenhills Shopping Center San Juan</td>
  </tr>
  <tr>
    <td rowspan="2">Misamis Oriental</td>
    <td>THE TRAVEL CLUB AYALA CENTRIO<br><br>Level 2 Space 2110-2111 Centrio, C.M. Recto Ave. Cagayan de Oro</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM CAGAYAN DE ORO<br><br>Space No. 199 - Gf Sm City Cagayan De Oro, Masterson Ave. Cagayan de Oro</td>
  </tr>
  <tr>
    <td>Negros Occidental</td>
    <td>THE TRAVEL CLUB SM BACOLOD<br><br>EXP149 G/F, SM City Bacolod, Bishop Antonio Y. Fortich Avenue, Reclamation Area Bacolod</td>
  </tr>
  <tr>
    <td>Negros Oriental</td>
    <td>THE TRAVEL CLUB ROBINSONS DUMAGUETE<br><br>Level 1 Space 166 Robinsons Place South Road Calindagan Dumaguete</td>
  </tr>
  <tr>
    <td>Palawan</td>
    <td>THE TRAVEL CLUB SM CITY PUERTO PRINCESA<br><br>Space No. 251-254 Sm City Puerto Princesa At Malvar Corner Lacao St. Brgy San Miguel Puerto Princesa</td>
  </tr>
  <tr>
    <td rowspan="3">Pampanga</td>
    <td>THE TRAVEL CLUB AYALA MARQUEE<br><br>Level 1 Space 1109-1110, Marquee Mall Francisco G. Nepo Ave., Pulung Maragul Angeles</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM CLARK<br><br>Ground Floor, SMCK-1161 SM City Clark, M. Roxas St., Clark Special Economic Zone Clarkfield, Pampanga Angeles</td>
  </tr>
  <tr>
    <td>THE TRAVEL CLUB SM PAMPANGA<br><br>Stall 164 Upper Ground Floor, SM Pampanga, San Jose San Fernando</td>
  </tr>
  <tr>
    <td>South Cotabato</td>
    <td>THE TRAVEL CLUB KCC GENERAL SANTOS<br><br>Il215 2Nd Floor Veranza Mall J. Catolico Avr., Brgy. Lagao General Santos</td>
  </tr>
  <tr>
    <td>Tarlac</td>
    <td>THE TRAVEL CLUB SM TARLAC<br><br>Unit 238 Sm City Tarlac, Mc Arthur Highway, San Roque Tarlac</td>
  </tr>
  <tr>
    <td>Zamboanga del Sur</td>
    <td>THE TRAVEL CLUB KCC ZAMBOANGA<br><br>Il-130 G/F Kcc Mall De Zamboanga Camino Nuevo Ave.Brgy, Canelar Zamboanga</td>
  </tr>
</tbody></table>
	
</details>

Congratulations to the lucky winners of The Travel Club eGCs worth PHP 5,000!

Winners of PHP 5,000 eGCs from The Metrobank Travel Fair debit promo

Your organization is requested to update its company information on record with Metrobank. Keeping your contact details up-to-date ensures that we can continue to process your transactions efficiently and keep you updated on important announcements and advisories.

To get started, please contact your Relationship Manager or visit your branch of account. 

You will be asked to fill out your customer information form with your organization’s latest company details, including your official email address and mobile number. 

This update is in line with a Securities and Exchange Commission requirement for companies registered with the agency to update their general information n sheet (GIS) with an official email address and mobile number on or before February 23, 2021. You can read more about the mandate [here](https://www.sec.gov.ph/mc-2020/mc-no-28-s-2020).

If you have any other questions or require further assistance, please contact any of the following channels:

* Email: ibs.customercare@metrobank.com.ph 
* Landline: (02) 88-988-000, when you call, press 2, then press 1, then press 2 
* Domestic Toll-Free: 1-800-10-8579727 
* Mobile: (0917) 523-3364 (GLOBE) or (0949) 994-2417 (SMART)

These channels are available from 8:30 AM to 5:30 PM from Mondays to Fridays, except on holidays.


In line with the SEC MC28 mandate, we invite our clients to also update their company email address and mobile number with Metrobank soon.

Update your company information with Metrobank soon

Choose from shopping eGcs, cash credit, or donations. Read our terms and conditions for the full details.

Metrobank Rewards Terms & Conditions

Don’t be fooled by callers who know your name!

Vishing scammers use your basic information to pretend they are real callers, like bank representatives, to steal your personal and financial details by asking for your approval and OTP. These scammers trick you into trusting them and pressure you to share private information. Watch out for these warning signs:

* Promises of rewards redemption - They may say you have points or rewards to claim but need your banking details to process them.

* Claims of suspicious transactions in your account - Scammers may say there has been unusual activity and ask for your details to stop fraud.

* Offers to waive credit card fees - They use too-good-to-be-true offers to get you to share personal information.

**What is vishing?**

Vishing is a type of phone scam, like phishing but through voice calls. Scammers will impersonate that they are from trusted organizations, such as banks, government offices, or telco companies. 

**How vishing scams work**

These scams keep changing, and fraudsters use different tricks to fool people, such as:

1. Creating urgency and fear - Scammers pressure you to act fast, claiming your account will be blocked or charged if you don’t respond immediately.

2. Pretending to be someone you trust - They pose as bank employees, tech support, or even a friend to earn your confidence.

3. Using technical terms - Scammers use complicated language to sound professional and confuse you into following their instructions.

**How to protect yourself from vishing scams**

Stay alert and prevent fraud with these key tips:

* Never share private details over the phone: Banks and real companies will never ask for passwords, PINs, or OTPs through a call.

* Hang up if the caller pressures you to act fast: Scammers use fear to rush you into making a mistake. Always take time to verify.

* Don’t trust calls just because they know your name: Knowing some details about you doesn’t mean they are trustworthy.

* Call your bank directly if you suspect a scam: Use the official number from your bank’s website to verify claims.

Remember: Real companies never ask for private information over the phone. Stay aware and informed so you can outsmart scammers and keep your financial details safe.

Wise up to scams and let’s #FightFraud together.

Scammers may know your name, but that doesn’t mean they’re legit. Learn how to spot and stop vishing fraud.

Don’t fall for fake calls: Stay alert against vishing scams

Metrobank’s Trust Banking Group has once again been recognized for its excellence in fund management of peso- and dollar-denominated unit investment trust funds at the recently held CFA Society Philippines’ 10th Annual Best Managed Funds of the Year Awards for 2025.

The annual awards, entitled Vision 2025, highlights outstanding fund managers in the country for their expertise in professionally managing funds that generate the highest risk-adjusted returns compared to their peers from the years 2020 to 2024. This year’s awards introduced new categories focusing on global feeder funds along with local money markets and thematic funds.

This year, Metrobank’s Trust Banking Group was honored for its high-performing UITFs, namely:  

* **Metro High Dividend Yield Unit Paying Fund** under the Equity Funds category  

* **Metro$ US Investment Grade Corporate Bond Feeder Fund** under the Global Fixed Income Feeder Fund category; and  

* **Metro$ Short Term Bond Fund** under the Intermediate term Bond Funds using pure FVPL valuation category 

“We are extremely pleased to see our UITF team achieve another recognition for fund management. This is a testament to the Bank’s commitment to providing reliable service to our clients and ensuring they are in good hands,” said Angelica Reyes, Metrobank’s Trust Banking Group Head. 

“We sincerely thank CFA Philippines for recognizing Metrobank’s dedication over the past year. We are honored to receive this award and deeply grateful for the continued trust on the Bank’s fund management expertise. We will strive to pursue excellence by continuously enhancing our portfolio management strategies,” said Cristina Gabaldon, Metrobank Head for Investment Management. 

About 16 investment houses and trust institutions participated in this year’s awards, gathering 170 qualified funds across multiple categories. The winners were determined by the CFAP Fund of the Year Committee through a meticulous evaluation of investment data submitted by participating institutions.

Invest in Metrobank's UITFs by visiting any Metrobank Branch or invest through your Metrobank Online account's UITF Online feature. Metrobank's certified UITF sales personnel can help you choose the right UITFs that align with your investment goals, and risk tolerance. For more information about Metrobank’s UITFs, visit: https://www.metrobank.com.ph/investments/uitf 

Metrobank Trust Banking Group recognized at CFA Society Philippines’ 10th Annual Best Managed Funds of the Year Awards for 2025. 

Metrobank UITFs named among the country’s top managed funds 

1. The LOW Metrobank Foreign Currency (FX) Service Fee of 1.68% (“Promo”) is valid from November 20, 2024 to November 19, 2025 only. (“Promo Period”).  

2. The Promo is open to all existing and newly-approved Metrobank Travel Signature Visa principal and supplementary cardholders (the “Cardholder”) in good credit standing. "Good credit standing" means accounts that are not delinquent, not under investigation for fraud, not reported lost or stolen, and in compliance with the Metrobank Credit Cards Terms and Conditions. 

3. To enjoy the Promo, Cardholders should use their Metrobank Travel Signature Visa for their in-store and/or online foreign currency transactions and choose to have the transactions processed or billed in foreign currency other than Philippine Peso within the Promo Period.

4. Foreign currency transactions processed or billed in Philippine Peso at point of sale, whether executed in the Philippines, overseas, or online, shall not be eligible for the Promo.

5. All eligible foreign currency transactions including the following fees, totaling 1.68%, will be reflected as one line item in the Statement of Account:   
	- 1% Cross Border Service Fee, which represents the costs incurred to process the payment for the foreign currency transactions through the Visa Network, acquiring bank and/or foreign merchant affiliates 
	- 0.68% Forex Processing Fee, which represents the costs incurred by Metrobank to internally process the foreign currency transactions. 

6. After the end of the Promo Period, all foreign currency transactions processed/billed in foreign currency will revert back to the regular Foreign Currency Service Fee of 1.7%.

7. The Metrobank Credit Card Terms and Conditions, reminders and other provisions contained in the card carrier, statement of account, charge slips and other documents or instruments, which are made an integral part hereof by reference, shall likewise be resorted to in instances where they may be applicable in this Promo.

8. The promo is non-transferable, non-cumulative, cannot be exchanged for cash or products and cannot be used in conjunction with any other discounts, promotions or fixed price items, unless otherwise provided.

9. Metrobank reserves the right to disqualify any Cardholder from further participation in this Promo if the Cardholder defaults in his/her payment, or if in Metrobank’s judgement, the Cardholder has violated these terms and conditions, the Metrobank Credit Card Terms and Conditions and all related provisions of Metrobank’s Foreign Exchange program.

10. In case of any dispute in respect of Metrobank only and the Cardholder’s availment of and eligibility for the Promo, the decision of Metrobank shall be considered final with concurrence of DTI.

11. Any dispute concerning the products or services of any merchant shall be settled directly between the Cardholder and the respective merchant with the concurrence of the DTI. Metrobank shall not be responsible for any liability in the event of such dispute.

12. By joining or availing of this Promo, the Cardholder confirms that he/she has read, understood, and agreed to the promo mechanics and its terms and conditions.

13. For inquiries or concerns, please call Metrobank's 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. Visit this link (https://www.metrobank.com.ph/help#FAQ-Credit_Cards) to view the list of countries where toll-free service is available.  For general inquiries, you may send Metrobank an email at customerservice@metrobankcard.com. 

**Per DTI Fair Trade Permit No. FTEB-205733 Series of 2024**






Enjoy a 1.68% Forex Fee with your Metrobank Travel Signature Visa.

Enjoy a 1.68% Forex Fee with your Travel Signature Visa

Visa Concierge is a 24/7 digital personal assistant and lifestyle guide, allowing you to access extraordinary experiences each and everyday through a curated range of services, amenities and exclusive privileges.

With the Visa Concierge, you can now make the most of:

* Seamless reservations for dining and travel activities  
* Recommendations for local activities and attractions   
* Virtual events and outdoor experiences   
* Assistance across healthcare, business and lifestyle services and much more   

Sign up or log in at www.concierge-asia.visa.com to enroll and access exclusive offers from Visa Concierge PH. 

**Frequently Asked Questions** 

1. What can Visa Concierge help me with?
	
	The Visa Concierge is available 24/7, 365 days to assist with all and any needs, if the request is moral, ethical and legal. For example, travel, dining, or entertainment requests are the most popular.

2. Is Visa Concierge free to use?

	Yes, Visa Concierge is free for Metrobank Travel Signature Visa cardholders. However, you will be expected to pay for third-party services or purchase items, such as dinners, hotels, and other consumables. 

3. How do I sign-up at Visa Concierge? 

	Sign up or log in to Visa Concierge website at www.concierge-asia.visa.com. See step-by-step process below:  
	- Enter your Visa card number.  
	- Input your valid e-mail address.  
	- Create a password.  
	- Confirm your personal details.  
	- Verify your account via e-mail or SMS.  

4. How long does it take Visa Concierge to respond?

	Once a request is placed with Visa Concierge, you will receive an immediate notification informing you that your request has been received.  Visa Concierge typically respond within 48 hours and if there is a lengthy and complex arrangement to be handled, there will be a flow of back-and-forth communication until this is finalized.

5. Is there a limit to the number of requests I can place with the Visa Concierge Team? 

	No there is no limit, you can place as many requests as you wish.

6. Can my family and friends access these offers too?  

	Visa Concierge services and offers are available for all eligible Travel Signature Visa Cardholders. To access Visa Concierge please sign up for a Visa Concierge account.

7. Where can I find out more information? 

	You can visit the Visa Concierge website to register at https://www.concierge-asia.visa.com/ 




Experience 24/7 Worldwide Visa Concierge with your Metrobank Travel Signature Visa.

Take advantage of the 24/7 Worldwide Visa Concierge

Metrobank PayNow (“PayNow service”) is a credit card feature that provides electronic fund transfer and payment solution services from an active credit card to select or nominated individual bank and electronic wallet (e-wallet) accounts.

PayNow Terms and Conditions

Check this list of goods, services, and utilities that you can pay through Metrobank Online and the New Metrobank App.

Pay your bills with over 700 partners online through Metrobank

Making the transition from student to working professional can be a big adjustment, especially when it comes to your finances. If you're not used to having a regular paycheck, it can be easy to overspend on unnecessary items. That's why as a first-time employee, you need to learn how to budget the salary you earn from your first job.

## Why budgeting is important 

Budgeting is important for anyone who wants to manage their finances effectively, but it's especially crucial for those who are just starting out in the workforce. When you're just getting started, it's easy to get caught up in the excitement of earning your own paycheck and spending more than you can afford.

Having a budget can help you avoid overspending and getting into debt. It also allows you to set aside money for important expenses, such as saving for retirement, a down payment for a new home, or a [potential investment](/articles/learn/investment-opportunities-for-fresh-graduates) you can get into. 

## How to budget your first salary 

There are a number of different ways to approach budgeting, but the most important thing is to find a system that works for you. There are many budgeting apps and programs available, or you can simply create a spreadsheet to track your income and expenses.

Start by calculating your monthly income after taxes. Then, list out all of your fixed expenses, such as rent, utilities, and loan payments. Next, estimate your variable costs, such as food, transportation, and entertainment. Finally, set aside money for [savings and investments](/articles/learn/investing-vs-savings).

Once you have a good idea of your monthly expenses, you can start making adjustments to ensure that your spending aligns with your goals. For example, if you want to save up for a down payment on a house, you may need to cut back on your entertainment expenses.

Don’t forget to [track your actual expenses](/articles/learn/how-to-track-spending-and-budgeting) once you have a budget in place to see if your budget is working for you.

Budgeting your first salary doesn't have to be complicated or time-consuming. By taking the time to create a budget, you can ensure that you're making the most of your income and avoid financial problems down the road. 

## Things to include in your budget when you get your first job 

**Expenses** 

Expenses refer to the things you and your family need to spend for in your day-to-day life.  

- Rent   
- Transportation   
- Food   
- Insurance (if you have private insurance)   
- Utilities   
- Entertainment (this includes going to the cinemas, your subscription plans, etc.)   
- Clothes   
- Debt payments (if you have any debt)   

**Savings**

Aim to put away 20% of your salary each month towards savings or an emergency fund.

**Income** 

Your income is what you use to cover your expenses and should be at the top of your budget. You may have more than one source of income, such as a full-time job, part-time job, investments, or a side hustle. 

## Things to consider when budgeting your first paycheck  

When you're creating a budget, there are a few things to keep in mind.

1. Your income may fluctuate from month to month, so be sure to budget for both your regular expenses and unexpected costs.  
2. Don't forget to include money for savings and investments in your budget.  
3. Be realistic about your spending. It's okay to allow yourself some room to spend on fun things but be sure not to overdo it.  
4. Stick to your budget as much as possible, but don't be too hard on yourself if you occasionally need to veer off course.  
5. Review your budget every quarter and after you get a salary increase to see what works and what needs to be adjusted.  

**Budgeting methods to try**

There are a number of different budgeting methods you can try, and the best one for you depends on your personal finances and spending habits. We’ve listed the most common budgeting methods below as well as how you can use them.

**The envelope method**

With this method, you allocate a certain amount of cash to each category of expenses in your budget. For example, you put PHP 2,500 in an envelope labeled "Commute Budget" to cover your monthly transportation costs. Once the money in the envelope is gone, you can't spend any more in that category until the next month.

**The 50-30-20 method**

Under this method, you divide your after-tax income into three categories: needs (50%), wants (30%), and savings/debts (20%). Your needs include essential expenses, such as housing and food. Your wants include non-essential purchases, such as entertainment and dining out. And your savings/debts category includes money for things like retirement savings and paying off debt.

**The zero-based budget**

With a zero-based budget, your goal is to ensure that your income minus your expenses equals zero. Let’s say you earn PHP 40,000 a month. Using the zero-based budget, the entire PHP 40,000 will be allocated each month towards bills, savings, and investments. This means that you would need to find ways to cut back on your spending in order to free up money for savings or debt repayment.
 
## Budgeting tips for success 

Once you've decided on a budgeting method, there are a few things you can do to help ensure that you stick to your budget.

* *Track your spending* - This helps you see where you may be overspending and identify areas where you can cut back.

* *Set up a system for bills and payments* - This includes setting up automatic payments or setting aside money each month to cover your expenses.
 
* *Create a buffer for unexpected costs* - This could be an emergency fund, or a few extra pesos added to your budget each month.
 
* *Find ways to save money* - This could include using vouchers when shopping online, negotiating bills, or switching to a cheaper cell phone plan. 

By following these budgeting tips for your first salary, you can make sure that you're on track to reach your financial goals.

Set up a [Metrobank Savings Account](/accounts/savings) where you can store the savings from your salary. Head to the nearest branch to begin. 

Getting your first paycheck is an exciting time. For many, this is the first moment in their life to have their own money. Learn how to budget it properly here.

How to budget once you get your first job

In life, there comes a time when borrowing money is your best course of action. It can be for purchasing big-ticket items, such as gadgets, cars, and homes. It could also be to start or help your business. These usually require a significant amount of money that could potentially drain your savings if not planned properly. This is why some people opt to take out a loan to acquire them.

Loans are not always bad. Let’s take a look at circumstances when it may be a good idea to borrow money. 

## Is it good to borrow money? 

Borrowing money can be a good way to finance a major purchase. But it's important to understand all the costs and responsibilities involved before making this decision. There are a few things you need to keep in mind: 

* First, you need to make sure you understand all the costs associated with the loan. This includes the interest rate, repayment schedule, and any fees or charges.  
* Second, you need to make sure you can afford the monthly payments.  
* Third, you need to carefully consider all your options before making a decision.  

## What do I need to know before borrowing money? 

Here are important terms and aspects of loans:

**The interest rate** 

Before taking out a loan, you need to understand interest rates 101. In a nutshell, the higher the interest rate, the more you will have to pay back in the long run. Interest is the cost of borrowing money, and it can vary depending on the type of loan you take out. The annual percentage rate (APR) is the most common way to compare interest rates, and it includes any fees or other charges that may be associated with the loan. The lower the APR, the less you'll pay in interest over time. Home loans and auto loans are not the only things that charge an interest rate. Using your credit card, which is actually also a kind of loan, charges interest for every missed payment.

**Repayment schedule** 

Another thing you need to take note of when taking out a loan is the repayment schedule. The repayment schedule is the timeline for repaying your loan, and it can also vary depending on the type of loan you take out. Some loans may have a fixed repayment schedule, which means you'll make the same payment each month until the loan is paid off. Other loans may have a variable repayment schedule, which means your payments could change over time based on changes in interest rates and other factors.

**Fees and charges**

There may be hidden costs associated with taking out a loan, so be sure to ask about any fees and charges before you agree to anything.

**Your assets**

If you default on a loan, you could lose your home or other assets, so be sure to understand the risks before you make a decision. 

## What other factors should I consider before borrowing money? 

Here are important factors to consider before borrowing money: 

**Is it necessary to borrow the money right now?**

If you do not need to purchase the item immediately, you may want to postpone it so you can opt to save for the total amount instead. 

**When is the best time to borrow money?** 

The best time to borrow money is when you are not in critical need of money, your purpose for the loan will help you grow your wealth, and you have a strategic plan for repaying the amount.

**How long will it take to repay the loan?**

You need to factor your payments into your budget, so knowing how long it will take to pay back the loan is crucial so you can set aside the amount every month.

**What is the best type of loan for my needs?**

There are many different types of loans available. Some common types of loans include personal loans, home loans, and auto loans. Each type of loan has its own terms and conditions, so read up about them before committing to one. You may also want to learn how to negotiate a loan. 

Here are some of the most common types:

* A [personal loan](/loans/personal-loan) is given to an individual for personal use. The terms of a personal loan vary depending on the lender but typically include a fixed interest rate and repayment schedule. Personal loans can be used for a variety of purposes such as emergency expenses, further education, and debt consolidation. 

* A [home loan](/loans/home-loan) is used to finance the purchase of a home. Home loans can also be used for home improvements or even the construction of a new home. 
 
* An [auto loan](/loans/car-loan) is a loan that is used to finance the purchase of a vehicle. Auto loans can also be used for other major purchases, such as a motorcycle. 

## Need a loan today? 

If after careful evaluation, you’ve determined that you do need to borrow money, be sure to compare interest rates, repayment schedules, and any other fees before making a decision. Make sure you understand all the terms of your loan so you can be confident in your decisions and choice of loan—that it will fit your current financial needs.

For more information on wise money habits, check out our other articles on [Earnest Learning](https://earnest.metrobank.com.ph/). 


Borrowing money is a financial decision that needs detailed planning and careful consideration. Here are some things you need to know.

Factors to consider before borrowing money

How much do you need to start investing? Contrary to popular belief, you don't need loads of money to start investing. In fact, starting with just PHP 5,000 pesos can be a great way to get started in building your investment portfolio.

Of course, how much money you start investing with will ultimately depend on your personal financial situation. But if you're smart about your investments and you make careful decisions, starting with as little as PHP 5,000 can still be a successful strategy. 

## So, how much money should I invest as a beginner? 

If you're thinking about [investing in the stock market](/articles/learn/stock-investment101), it's important to understand that there is no one-size-fits-all answer to this question. Every investor is different, and each person's financial situation is unique. You can begin investing with as little as PHP 5,000 but you can increase this amount depending on the following factors. 

1. **Goals**  
	
	First, you need to consider your goals. What do you hope to achieve by investing? Are you looking to grow your wealth over the long term, or are you trying to make a quick profit? Your investment goals will play a big role in determining how much money you need to start with. 
	
2. **Risk tolerance** 

	Next, take a look at your risk tolerance. How much risk are you willing to take on? Remember, higher-risk investments tend to have the potential for greater rewards, but they also come with more volatility. If you're not comfortable taking on a lot of risks, you may want to start with a smaller investment. 
	
3. **Time horizon** 

	Finally, think about your time horizon. When do you plan on selling your investments? If you're investing for the long term, you may be able to weather the ups and downs of the market better than someone who is looking to cash out in the short term.

	The most important thing is to make sure that you are comfortable with the amount of money you are investing and that you have a clear plan for how you intend to use your investment.

## What kind of investment can I make with PHP 5,000? 

Now that you know how much money you need to start investing, the next question is: what kind of investment can you make with PHP 5,000?

The good news is that there are a variety of investment options available for you! Here is a quick run-through of different investment vehicles to help you [find the right investment for you](/articles/learn/finding-the-right-investment). 

**Stocks**

If you're looking to grow your wealth over the long term, buying stocks is one of the best ways to do it. Of course, stock prices can be volatile, so it's important to understand the risks before you invest. But if you're comfortable with the risks and you have a solid investment plan, stocks can be a great way to build your wealth.

**Mutual funds**

Mutual funds are a type of investment that allows you to pool your money with other investors and invest in a variety of stocks, bonds, and other securities. This can be a great way to diversify your portfolio and reduce your risk.

**UITF**

UITF investments are similar to mutual funds, but they are offered by banks and other financial institutions. Like mutual funds, UITFs allow you to pool your money with other investors and invest in a variety of securities for as low as PHP 1,000. However, UITFs typically have lower fees than mutual funds.

**Bonds**

If you're looking for a less volatile investment, you may want to consider investing in bonds. When you invest in bonds, you're lending money to a government or corporate entity. In exchange for your loan, the borrower agrees to pay you interest on the bond. Bond prices can fluctuate, but they tend to be less volatile than stocks.

## What risks should I know about when investing? 

No matter what kind of investment you're considering or how much money you’re investing, it's important to understand the risks involved. Here are a few things to keep in mind.

Stock prices can go up and down. The stock market is volatile, and stock prices can change rapidly. When the market is down, don’t panic right away. This is a natural occurrence in stocks. If you panic and sell the moment your stocks hit a downward trend, you could lose money.

Mutual funds and UITFs can also be volatile. Like stocks, the prices of the assets inside mutual funds and UITFs can go up and down. This means that you could lose money if you sell your investment when the market is down.

Bonds are generally less volatile than stocks, but they still come with some risk. If interest rates rise, bond prices will usually fall. This means that you could lose money if you sell your bonds when interest rates are rising.

All investments come with some risk. There is no such thing as a "risk-free" investment. Even if you're investing in something like bonds, there is still some risk involved. Before you invest, make sure you understand the risks and are comfortable with them.

Your investments can lose money. Even if you do your research and make careful investment decisions, there is always a chance that your investments will lose money. This is why it's important to only invest money that you can afford to lose.

## How much are you investing today? 

It doesn’t matter how much money you have to start investing. Investments doesn't have to be complicated nor expensive. Even if you only have PHP 5,000 to start with, you can still make smart investment decisions and grow your wealth over time. Just remember to do your research, understand the risks involved, and make sure you're comfortable with the amount of money you're investing. With a little bit of planning, you can make your PHP 5,000 go a long way.

Get started on your investment journey with Metrobank! Start growing your PHP 5,000 with [FAMI](/investments/first-metro-asset-management) today. 

Do you know how much you should start investing with? It may shock you to know you can begin your investment journey with only PHP 5,000. 

How much money do you need to start investing?


People often think of their income and expenses in terms of what they receive and pay out each month, without thinking about the larger financial picture. While you may have money coming in and out each month, if you're not taking a close look at your cash flow, you could be in for a rude awakening should something unexpected happen.

In this article, we'll examine what cash flow is in relation to personal finance and why it's important for individuals to understand it. 

## What is cash flow?

Cash flow is simply the movement of money. There are two kinds: business cash flow, which is the movement of money in a business or company, and personal cash flow, which deals with personal finances.

## What is personal cash flow? 

Personal cash flow is the money that comes into your household from all sources, including salaries, commissions, allowance, dividends, and interest earnings. It also includes money that goes out of your household to cover expenses, such as transportation fees, movie tickets, food expenses, utility bills, and luxury items.

## What are the types of cash flow? 

There are two types of cash flow: positive and negative. Positive cash flow means a person or business has more money coming in than going out. In business, this can happen when you make sales enough to cover your operating expenses while still having money left over. Negative cash flow is the opposite. It's when more money leaves than comes.

Having positive cash flow means you earn more money than you spend, which leads to being liquid, or having cash in reserve. For instance, in cases of emergency, you have enough cash to fund an unexpected illness in the family without having to worry about where to get the money.

It’s important to note that a positive cash flow by itself is not automatically a good thing. It can also mean that you are not utilizing your cash. For example, instead of investing it so your money grows, it just sits idly in a bank account.

## What are the benefits of understanding cash flow? 

Cash flow affects every aspect of your life and business. Knowing what your cash flow is will guide you in your decisions. Here are the ways understanding cash flow can benefit you:

1. Helps you make better financial decisions 
	
	Understanding cash flow makes you more mindful about your spending. If you’re not paying attention, it's easy to use up your hard-earned cash on things that you don't really need. But understanding where your money goes can help you make better decisions about how to spend it. You can do this by creating a personal cash flow budget. This can help you to avoid overspending and keep your finances healthy. 
	
2. Helps you weather tough times 

	In tough economic times, it's more important than ever to understand your cash flow. That way, you can make adjustments to ensure that your money keeps coming in, even when the economy is struggling. By knowing where your money is coming from you can focus your energy on the things that make you money. Similarly, by knowing where your money is going, you can cut back on expenses and keep your cash flow positive. 
	
3. Helps you plan for the future 

	Understanding cash flow is important if you want to get ahead financially. By tracking how much money is coming in and going out, you can make better decisions about where to invest. 
	
	For example, if you know that you have a large amount of money coming in every month that you don’t really utilize, you can opt to invest it in a long-term goal like buying a house or [saving for retirement](/articles/learn/saving-for-retirement). On the other hand, if you know that your income isn’t consistent, you might want to put more money into savings so that you have a cushion in case of lean months. By understanding your personal cash flow, you can make smarter decisions about your finances and build a solid foundation for your future.

## How do I determine my cash flow? 

A good way to keep track of your cash flow is to use a personal cash flow statement. This is a document that shows how much money is coming in and going out of your house over a period of time. You can use a cash flow statement to track your progress and make sure that you're generating more positive cash flow than negative.

## What do I need to create a personal cash flow statement? 

In order to create a personal cash flow statement, you’ll need a complete list of all your income sources regardless of the [type of income](/articles/learn/active-passive-portfolio-income) and a list of all your expenses. You can find this information by looking at your bank statements, credit card statements, and other financial records. Once you have this information, subtract your total expenses from your total income. This will give you your net cash flow for the period. 

**In summary**

If your net cash flow is positive, that means you have extra money that you can use to [save or invest](/articles/learn/investing-vs-savings). If your net cash flow is negative, that means you have more money going out than coming in. This is not a sustainable situation, and you’ll need to find ways to reduce your expenses or increase your income. You may want to look into increasing your sources of income or experiment with different budgeting methods such as the [50-30-20 budget plan](/articles/learn/50-30-20-budget-plan). 

## Ready to take the reins on your finances? 

Knowing how much money you have isn’t enough to give you a good financial picture. You need to keep track of your personal cash flow as well. Managing your personal cash flow is key to staying out of debt and achieving financial stability. You need to track where every peso goes and make a budget based on this information to guide you toward living within your means. For more tips and advice on handling your money better, Metrobank has a collection of [Earnest Learning](https://earnest.metrobank.com.ph/) resources available to help you get your finances in order. Start making better financial decisions by tracking your cash flow! 


Everyone should know their cash flow, not just business owners. Find out how to compute for your cash flow and why it matters here.

What is cash flow and why do you need to know about it?

The Philippines is currently experiencing record-high gas prices. This is due to a number of factors, including the global price of crude oil and the weakening of the Philippine peso versus other currencies. The [average price of gasoline in the Philippines in 2024](https://doe.gov.ph/sites/default/files/pdf/price_watch/petro_ncr_2024-dec-3-9.pdf) is PHP 65.93 per liter, significantly higher than [2019’s average price of PHP 45 per liter](https://www.doe.gov.ph/oil-monitor-04-january-2019).

The rising price of gas has a direct impact on Filipino households. Many families are already struggling to make ends meet. Beyond just cars and transportation, rising gas prices also have a direct effect on the price of most consumer goods and services. The additional expense of higher gas prices only adds to Filipinos’ financial difficulties, making it tricky for families to budget for their household needs. 

## Why are gas prices going up? 

There are a number of reasons why gas prices are on the rise. The global price of crude oil is one of the main factors. Crude oil is a major component of gasoline, so when the price of crude oil goes up, gas prices usually follow suit.

Additionally, as the Philippine peso continues to weaken versus other currencies such as the US dollar, it costs more for the Philippines to purchase barrels of oil compared to previous years. 

## How do the rising gas prices in the Philippines affect consumers? 

The Philippines is a country that heavily relies on importation when it comes to oil and gas. The prices of these are greatly affected by the international market. Over the past few months, there has been a steady increase in the price of gas in the Philippines and this has a pretty big impact on Filipino consumers.

* Higher prices on basic commodities and inflation – In addition to the direct impact on transportation costs, higher gas prices also cause indirect price increases. When the price of transporting goods increases, the price of the goods themselves increase too. This includes basic necessities like food and medicine. This leads to inflation because businesses pass on the higher costs to consumers. The increased cost of living can be especially difficult for low-income families. Inflation can also erode the purchasing power of wages, leading to further economic hardship. 
* Economic slowdown – The rising cost of gasoline also has an impact on the economy. When consumers have to spend more money on transportation, they have less to spend on other things. This can lead to a decrease in consumer spending, which can slow down economic growth. 
* Unemployment – The increase in gas prices is also likely to lead to job losses. Many businesses, especially small businesses, will not be able to afford the higher costs of operation. This could lead to layoffs and an increase in unemployment. 

## How much is the gas budget in the Philippines? 

With the current average price of gasoline in the Philippines at PHP 65.93 per liter, a typical Filipino family would need to spend at least PHP 2,700 per month on gas. However, this is just an estimate. Actual gas costs will vary depending on the size and type of vehicle, as well as driving habits.

## How to budget for gas

Many people find that one of the biggest challenges of owning a car is the cost of gasoline. With prices fluctuating on a regular basis, it can be tricky to keep your budget on track. However, there are a few simple [budgeting tips for new homeowners](/articles/learn/budgeting-practices-for-new-homeowners) or for families that can help you to keep your gas expenses under control. 

1. Calculate how much you typically spend on gas each month and set aside that amount of money in a dedicated account or envelope.  
2. Make a point of filling up your tank when prices are lowest in your area. This may require some planning ahead, but it will save you money in the long run. Pay attention to gas price announcements on the news or social media. Since gas price changes take effect on Tuesdays, the best time to load up before an increase is on Mondays, and when there is a rollback, the Tuesday onwards.  
3. If you have a long commute, see if there are ways to shorten it, such as taking a different route or doing all your errands on one trip.  
4. Look for credit card promos or special loyalty cards that give you discounts or cashback. A little research can go a long way toward saving you money at the pump.

## What can you do to cope with the rising cost of gasoline? 

Here are a few small changes you can adopt to help you cope with the rising cost of gasoline.
 
1. Try to use public transportation whenever possible. This will help you save money on fuel costs. While it may not always be convenient, taking the bus, the MRT, and the LRT can help you save a significant amount of money over time.  
2. Try to create a carpool with friends or co-workers. This will allow you to split the cost of gas, making it more affordable.  
3. Do errands on one trip instead of making multiple trips. This saves you both gas time.  
4. Another way to save money on transportation costs is to discuss the possibility of continuing to work from home with your employer. In addition to saving money on gas or public transportation, working from home can also help you save time.  

Gas prices are on the rise and affecting everyone. You need to factor in these changes as well as the effects they have on consumers so you can create a proper gas budget. The good news is that there are some things you can do to help offset the cost of gas. If you need more help, check out our other budgeting tips on [Earnest Learning](https://earnest.metrobank.com.ph/)! 

Fuel prices in the Philippines have continuously risen this year. What does this mean for you and the economy? Learn how to effectively budget for gas here.

How to budget for rising fuel prices

Stockholders who have successfully registered will receive an email from the following addresses: 

<table><thead style="color:#ffffff; background-color:#2a317d">
  <tr>
    <th>Email address</th>
    <th>Information/Instructions to be received</th>
  </tr></thead>
<tbody>
  <tr>
    <td><a href="mailto:ASMregistration@metrobank.com.ph" target="_blank" rel="noopener noreferrer">ASMregistration@metrobank.com.ph</a></td>
    <td>An electronic invitation with complete guide on how to join the Meeting.<br>   <br>Note:<br>   <br>You will be asked to click a link which will   lead you to the Webex registration page. As in any streaming platform, only   your name and email address will be asked. You are not required to give any other personal information   </td>
  </tr>
  <tr>
    <td>messenger@webex.com</td>
    <td>Official Webex event link</td>
  </tr>
</tbody>
</table>

For registration concerns and questions related to the Meeting and about Metrobank, please get in touch with us through ASMregistration@metrobank.com.ph. 

### Proxy  

Stockholders who are unable to join the virtual Meeting may appoint an authorized representative on their behalf, download, fill-up and sign this sample [Proxy Form](https://web-assets.metrobank.com.ph/1741829601-proxy-form-2025-clean.pdf) and send a copy to ASMregistration@metrobank.com.ph on or before Monday, April 14, 2025.  

The submitted proxies are subject to the joint validation of the Company’s Stock and Transfer Agent and SGV & Co.  

### Questions About the Meeting and the Company  
	
You may send your questions regarding the conduct of the Meeting and the Company to investor.relations@metrobank.com.ph.  

Stockholders who have successfully registered will receive an email from the following addresses: 

Joining and Voting Procedures for the 2025 Annual Stockholders’ Meeting

Cash flow management is a critical part of any business. You need to ensure that you have enough cash on hand to cover your expenses while making sure that you don't have too much money tied up in assets. In this article, we'll discuss why managing cash flow in a business is important and some tips for how to manage your cash flow effectively. 

## What is cash flow? 

First thing we need to discuss: [what is cash flow](/articles/learn/what-is-cash-flow)?

Cash flow is the movement of money in and out of your business. This includes active income and passive income. It's important to track your cash flow so that you can see how much money moves through your business over time. This will help you to gauge if your business has enough money to cover expenses, while also making sure that you're not overspending.

What is cash flow management, then? It’s the process of monitoring the cash coming in and going out of your business. 

## Is cash flow the same as earnings? 

A common misconception people have is that cash flow and revenue are the same, but they aren’t. Earnings is the net amount of money that your business earns, while cash flow is the net amount of cash that flows in or out of your business.

So, just because your business earned PHP 500,000 in net income last month doesn’t mean that you actually have PHP 500,000 in cash on hand. Net income is just one of the sources that increases cash flow.

The key to successful cash flow management is to ensure that your business always has enough cash on hand to meet its operational needs. This can be a challenge, especially for businesses that are growing quickly or have irregular revenue streams. But with careful planning and execution, it is possible to manage your cash flow effectively and avoid any nasty surprises down the road. 

## Why is Cash Flow Important? 

Cash flow is important for businesses of all sizes, but it is especially critical for small businesses. This is because small businesses often don’t have the same access to capital as larger businesses. They also tend to have thinner margins and less cash on hand to weather unexpected expenses.

That being said, cash flow management is important in business continuity. If your business doesn’t have enough cash to meet its financial obligations, you could find yourself in hot water very quickly. In extreme cases, businesses that mismanage their cash flow can even be forced into bankruptcy. Another way to keep your business afloat or increase cash flow is through financing activities such as taking a loan. The cash from a loan can then be used to generate more income or be used to pay-off operating expenses.

If you have too much cash flow, on the other hand, you may find yourself sitting on a pile of cash that’s not doing anything for your business. While it’s always good to have some cash reserves, you don’t want to keep so much cash idle. After all, that money could be put to better use if it was reinvested back into the business or used to pay debts. 

## How to track cash flow 

The first step in effective cash flow management is to track your cash flow. The most important thing is to choose a method that works for you and your business. Here are ways on how you can track your business's cash flow:

**Use an accounting software**  

There are a number of accounting software programs that can help you track your cash flow. This information can be used to create a cash flow forecast and to monitor your actual cash flow. 

**Track payments and receipts**

You can also track your cash flow by manually tracking payments and receipts. This information can be used to create a cash flow statement, which is a summary of your cash flow for a specific period of time. 

**Review your bank statements** 

Your bank statements can also be used to track your cash flow. This information can be used to reconcile your actual cash flow with the amount of money that you have in your bank account. 

## How to Manage Your Cash Flow Effectively

Once you have a clear idea of your cash flow, you need to learn how to manage it so you can utilize the money you have. By following these tips on managing cash flow effectively, you can ensure that your business has the cash it needs to meet its financial obligations and avoid any potential disruptions. Here are cash flow management strategies: 

**Create a cash flow forecast**

Once you have your cash flow, you need to make a cash flow forecast, which is a tool that can help you predict how much money will come in and go out of your business in the future. This information can be used to plan for potential shortfalls or surpluses in your cash flow.

**Have a line of credit in place** 

A line of credit is an arrangement with a financial institution that allows you to borrow money up to a certain limit. A good example of this is a personal loan where one of its many benefits is that it can be used to cover short-term cash flow needs such as inventory purchases or unexpected expenses.

**Use invoicing and payment terms to your advantage** 

You can use invoicing and payment terms to improve your cash flow management. For example, you can offer discounts for early payments or extend terms to give yourself more time to collect from customers.

## Improve your cash flow management with Metrobank

Managing your cash flow is essential to keeping your business afloat. In this article, we’ve outlined some tips for improving your cash flow and avoiding common pitfalls. [Metrobank’s Personal Loan](/loans/personal-loanis quick way to support cash flow since it can be used for any purpose. When combined with effective cash flow management strategies, a personal loan can help businesses expand or extend their lifeline.

Check out the other articles we have on [Earnest Learning](https://earnest.metrobank.com.ph/) for more information on how to manage your finances and keep your business growing.


Cash flow is crucial to the success of any business. Metrobank offers tips to help businesses manage cash flow effectively. Read our tips here. 

Metrobank’s guide to cash flow management for businesses

Stockholders who will participate by remote communication should pre-register by sending an e-mail to ASMregistration@metrobank.com.ph on or before April 14, 2025 together with the following requirements: 

### For Certificated Stockholders: 

**1. Individual Stockholders**  

* A scanned copy of the Stockholder’s valid government-issued ID showing photo, signature and personal details, preferably with residential address (in JPG format). The file size should be no larger than 2MB; 
* A valid and active e-mail address and contact number; 
* Electronically-signed documents are accepted pursuant to relevant laws. 

**2. Corporate Stockholders** 

* A Secretary’s Certificate attesting to the authority of the representative to participate by remote communication for, and on behalf of the Corporation (in JPG format). The file size should be no larger than 2MB;  
* A scanned copy of the valid government–issued ID of the Stockholder’s representative showing photo, signature and personal details, preferably with residential address (in JPG format).  The file size should be no larger than 2MB;  
* A valid and active e-mail address and contact number of the Stockholder’s representative.  
* All documentary requirements must be notarized 

**3. Stockholders under Joint Accounts** 

In addition to the above requirements, a scanned copy of an authorization letter signed by all Stockholders jointly owning the shares designating who among them is authorized to cast the vote for the account, has to be submitted. The authorization letter must also be in a digital, JPG format with a file size no larger than 2MB. 

### For Stockholders under PCD Participant/Broker account or “Scripless Shares” 

1. A broker certification on the Stockholder’s number of shareholdings (in JPG format).  The file size should be no larger than 2MB;  
2. A scanned copy of the Stockholder’s valid government-issued ID showing photo, signature and personal details, preferably with residential address (in JPG format).The file size should be no larger than 2MB;  
3. A valid and active e-mail address and contact number. 

-------

*Important Note: The Company shall continue to accept documents executed by individual stockholders via electronic signature, pursuant to relevant laws.  However, documents required to be submitted by corporations (such as the Secretary’s Certificate and Broker’s Certification) must be notarized. The Company reserves the right to request additional information, including submission of original signed and notarized copies of these documents at a later time. Incomplete or inconsistent information may result in an unsuccessful event registration. As a result, such Stockholders  who are unable to provide the  foregoing may not be allowed to participate in the virtual ASM.*   

Learn how stockholders can register for the 2025 Annual Stockholders’ Meeting.

Registration Procedures for the 2025 Annual Stockholders’ Meeting

In the Philippines, the term "mukhang pera" has gotten a bad rap. Often used as an insult, "mukhang pera" is used to describe people who either are generally reluctant to spend money or who are meticulous when it comes to money. Inherently, there is nothing wrong with being "mukhang pera." In fact, being "mukhang pera" can actually be a good thing for your finances. 

Paying attention to money and being disciplined with spending are key to financial success. Those who [save and invest their money](/articles/learn/life-stages) wisely are typically the ones who are most likely to achieve their financial goals. So, if you’ve ever felt bad about being called "mukhang pera," let’s deconstruct some traditional money beliefs to see why it can actually be a good thing! 

## Being frugal is a good thing 

While there is no direct translation of “mukhang pera,” it can roughly be translated as being frugal. And being frugal is actually good.

When you are frugal, you have [practical money habits](/articles/learn/practical-money-habits) and are mindful of your spending. You also tend to make an effort to save money when you can. This can help you build up your savings over time so that you have a financial cushion to fall back on when unexpected expenses arise or during tough economic times.

Being frugal does not mean that you have to deprive yourself of the things you enjoy. Instead, it simply means being mindful of your spending and making smart choices with your money. For example, instead of buying lunch every day, you could pack a lunch from home. Or, instead of going out for drinks with friends, you could invite them over for a movie night.

Most people think of frugality as a way to save money, and while that is certainly one benefit, it can also help you become more financially stable. When you live below your means and don't spend everything you earn, you are less likely to fall into debt. This can help you keep your finances in order and gives you more financial flexibility overall.

Being frugal can also help you reach your [financial goals](/articles/learn/know-your-goals). When you are deliberate about your spending and make an effort to save money, you are more likely to reach your long-term financial goals. Whether you want to save for retirement, a down payment on a house, or a rainy day fund, being frugal can help you get there. 

## Being money-conscious isn't bad 

In addition to being frugal, another way of being "mukhang pera" is by being money-conscious. This simply means you are aware of your finances and make an effort to stay on top of your money. 

There are a few things where being money-conscious can help you.

First, it can help you avoid financial scams. Scammers are always coming up with new ways to trick people out of their money. From fake investment opportunities to bogus sweepstakes, there are endless ways to lose your hard-earned cash. When you are money-conscious, you are most likely aware of financial scams. By understanding how finance works, you can protect yourself from becoming a victim.

Being money-conscious can also help you make better financial decisions. When you are aware of your finances, you can make informed decisions about where to allocate your money. This can help you [set money goals](/articles/learn/steps-to-setting-money-goals) and find the means to reach them quicker and easier. 

For example, let's say you want to save up for a new car. If you're actively monitoring your finances, you'll be able to see how much money comes in and how much goes out each month. This will allow you to adjust your spending so that you're able to save more and reach your goal sooner. 

Being money-conscious can help you manage your money better overall. When you are aware of your finances, you are more likely to be proactive about managing your money. This can help you avoid financial problems in the future and keep your finances on track.

For instance, if you know that you have a lot of credit card debt, you may be more likely to stick to a budget where you set aside money for payments. Or, if you are aware that you tend to overspend when you go out to eat, you may be more likely to cook at home more often. By being aware of your spending patterns and financial situation, you can make changes that help you save money and stay on top of your finances. 

## Be “mukhang pera,” achieve your goals 

So don't be afraid to be "mukhang pera." Being frugal and money-conscious can actually be good for your finances! 

You have worked hard for your money, so it’s only wise that you be careful with how you spend it. This type of discipline can be key to your success in growing your wealth, reducing debt, buying a home, and/or retiring early. So, don’t be afraid to be “mukhang pera!”

Let Metrobank help you on your journey towards being more frugal and money-conscious. Check out our other budgeting and saving tips on [Earnest Learning](https://earnest.metrobank.com.ph/) to get started! 

Why being “mukhang pera” is not bad at all

Financial literacy is not taught in schools, and so a lot of people grow up emulating the poor spending habits in the Philippines. As Filipinos go without proper financial literacy, they hand down bad money practices from one generation to the next. Let’s look at some of the most common Filipino money habits and examine whether they are good or bad.

## How do I know if I have the right money habits?  

There are a few key indicators that separate [right vs wrong money habits](h/articles/learn/right-vs-wrong-money-habits). The first is whether or not you have a budget. A budget is a financial roadmap that tells you how much income you have coming in and where it needs to go. Without a budget, it's easy to overspend and get into debt.

When it comes to personal finance, there's no greater indicator of sound money habits than living within your means. This means budgeting effectively and only spending as much as you can afford, rather than going into debt for unnecessary purchases.

Another key indicator is having an [emergency fund](/articles/learn/emergency-fund-101) in place in case of unexpected expenses. This means constantly saving and setting aside a specific amount each month in case of unexpected expenses or job loss. It can be tempting to dip into this fund for non-emergencies, but it's important to resist the urge to do so for the sake of financial stability in the future. Not only does an emergency fund offer peace of mind, but it can also help prevent excessive debt accumulation during tough times.

Don't forget that good money habits also include investing for the future. This could mean saving for retirement or your child's college tuition or simply investing in yourself by taking courses and learning new skills. If you're doing all of these things, then chances are you have good money habits. If not, it's never too late to start making changes.

Now let's examine some common money habits in the Philippines. 

## Common Pinoy money habits 

Here are the most common Filipino spending habits that often lead to poor financial health. Are you guilty of any of these? 

1. **Living beyond one's means**  
	
	A common money habit people have is living beyond one’s means. You may not realize it, but if you use a credit card and don’t pay off the bills in full each month, you’re already spending more what than you have. And it's not just credit cards. Living beyond your means can also include buying a home that's too expensive for you or taking out loans that you can't afford. 
	
	The good news is that there are ways to stop yourself from living beyond your means. One of the most effective ways is to create a budget and stick to it. This may sound like common sense, but many people don't realize how much money they spend each month. When you create a budget, you'll be able to see exactly where your money goes and make adjustments accordingly. 
	
	It’s better to [live within your means](/articles/learn/living-within-your-means) or even live below it. This may seem counterintuitive, but if you can learn to live on less money than you make, you'll be in a much better financial position. This doesn't mean that you have to give up all of your luxuries, but it does mean that you need to be mindful of your spending. If you can cut back on some of your expenses, you'll be able to save money and avoid debt. 
	
2. **Failing to budget**  
	
	Planning and sticking to a budget is one of the most important things you can do to stay financially afloat. But even if you're the most disciplined person in the world, there can still be times when you overspend or fail to budget correctly. When that happens, don't beat yourself up - just take corrective action immediately. 
	
	One way to combat going over your budget is to create a buffer. This is a portion of your budget where you allocate a little extra money each month so that if you do go over in one category, you have some wiggle room. This will help to keep you from dipping into other areas of your budget or going into debt. 
	
	Another helpful tip is to track your spending very carefully. Several apps and websites can help with this, or you can simply write everything down in a notebook. By keeping a close eye on where your money is going, you'll be more likely to catch areas where you're overspending and can adjust accordingly.

3. **Not saving for retirement** 

	One of the biggest financial mistakes that people make is not saving for retirement. A lot of Filipinos think that they don't need to start saving for retirement until they're older, but that's not true. The sooner you start saving, the more time your money has to grow. If you don't start saving for retirement early, you may find yourself struggling financially when you retire. 
	
	One of the best ways to save for retirement is to open a retirement account with a local bank or investment firm. These accounts offer tax breaks and other incentives that can help you make the most of the money you invest. 
	
	Another way to save for retirement is to create a budget and stick to it. Make sure you allocate a portion of your income each month towards your retirement savings. You may also want to consider investing in a mutual fund or index fund, which can offer potential growth without the risk of investing in individual stocks. 
	
## Lets transform Filipino spending habits 

If you want to avoid these unhealthy Pinoy money habits, it's important to learn about personal finance and develop good money management skills early on in life. Financial literacy is not something that's taught in schools, so it's up to parents and guardians to teach their children about money matters from an early age.

Learning to budget, save, and invest can set you up for long-term financial success and reduce stress in the present. Good money habits also lead to being able to make smart financial decisions. It's important to remember that good money habits take time and dedication to form. It's not always easy, but having control over your finances can bring peace of mind and a feeling of empowerment.

Metrobank’s [Earnest](https://earnest.metrobank.com.ph/) is an excellent resource for learning about good money habits. If you want to learn more about personal finance, be sure to check out our other articles on [Earnest](https://earnest.metrobank.com.ph/). We have tons of tips and advice to help you take control of your finances and reach your financial goals. 

Do you have unhealthy money habits? It can be difficult to tell. Keep on reading to learn more about good money habits.

How do I know if I have the right money habits?

Although the Philippine economy is on the rise, we can't deny that Filipinos are experiencing increased inflation and living costs, making saving and budgeting more difficult. 

In difficult times like these, it is more important than ever to be mindful of your spending and to make sure that you are saving as much money as possible. While it may seem like a daunting task, making a budget and sticking to it can be surprisingly easy—and incredibly rewarding. Here are our top tips on how to save and budget money. 

## Reasons to save and budget 

Why is budgeting and saving so important? Here are three major reasons:

1. **Prepares you for unexpected expenses**   
	Life is full of surprises, and many of them can be expensive. Whether it's a sudden medical bill or your car breaking down, having some savings set aside can help you weather any financial storms that come your way. Without savings, an unexpected expense can quickly throw your entire budget off course.

2. **Helps you reach your long-term goals**    
	Everyone has [long-term financial goals](/articles/learn/how-to-make-smart-financial-goals), whether it's buying a house, going on vacation, or retiring comfortably. However, these goals can often seem out of reach if you're not saving regularly. By following smart money saving tips and setting aside money each month, you'll be surprised how quickly your savings will grow—and how much closer you'll be to achieving your long-term financial goals. 
	
3. **Gives you peace of mind**   
	Worrying about money can be incredibly stressful. If you're constantly worrying about how you're going to make ends meet or pay your bills, it can take a toll on your mental health. Having a savings account gives you a cushion to fall back on in case of an emergency, which can help reduce stress and give you peace of mind.
 
## How to save money and how to budget  

Let’s discuss the practical tips on budgeting and saving money:

1. **Make a budget**      
	This budgeting tip may seem like a no-brainer, but you'd be surprised how many people don't actually have a budget. If you don't know where your money is going each month, it's difficult to make informed decisions about how to save. Track your income and expenses for at least one month so that you have a clear idea of where your money is being spent. This will also help you identify areas where you may be able to cut back.

2. **Automate your savings**   
	One of the best ways to make sure you're saving money each month is to automate the process. Have a certain amount transferred from your payroll account to your [Metrobank savings account](/accounts/savings) each pay period. 
	
3. **Pay yourself first**   
	When you get paid, put some money into savings before you start spending on other things. This way, you'll be less tempted to tap into your savings.

4. **Set goals**   
	What do you want to save for? A down payment on a house? A new car? A family vacation? Having specific goals will help you stay motivated to save. Make sure your goals are SMART: specific, measurable, attainable, realistic, and time-bound.

5. **Jot down your purchases**   
	For one week, write down everything you spend money on—no matter how small the purchase may be. At the end of the week, review your expenditures and see where you can cut back or make changes altogether.

6. **Create a system**    
	No matter which method works best for you—envelopes labeled with different spending categories or a digital app—find a system that keeps track of your spending and helps you stick to your budget each month.

7. **Live below your means**   
	One of the best ways to save money is to live within, or even below, your means. In other words, don't spend everything you make each month. If possible, try to live off of 80% of your income and save the remaining 20%. This will help ensure that you always have some money left over at the end of the month.

8. **Start small**   
	Don't try to overhaul your entire financial life overnight—it's just not realistic (or sustainable). Instead of making a bunch of drastic changes toward saving and budgeting all at once, focus on making one small change at a time. For example, if you're still trying to [learn how to save for an emergency fund](/articles/learn/how-to-save-for-emergency-fund), start by eating out one less time per week or bringing your own baon to work instead. Once that becomes part of your routine, slowly start making additional changes until reaching your desired goal.

## Ready to start budgeting and saving money? 

Knowing how to budget and save money can help you achieve financial stability no matter the state of the economy. Saving is not easy, but if you adopt these money-saving tips, you can transform your financial habits and approach to money. Before you know it, you’ll have achieved your financial goals.  



Looking for ways to build your savings? Learn tips on how to budget and save money to help you maximize your earnings with Metrobank.

How to budget and save money

One of the most important things you can do for yourself is to plan for the different financial stages of life. By taking the time to save and invest, you can ensure a more stable future for yourself and your loved ones. Let’s take a look at some key financial planning tips for four different life stages: early career, mid-career, pre-retirement, and early retirement. 

## How to plan for the different financial life stages 

Let’s dive into the different financial planning requirements for each life stage:

**Early career (the 20s to 30s)** 

The best time to start [saving and investing](/articles/learn/investing-vs-savings) is when you're young and just starting in your career. At this stage in life, you likely have few financial obligations so you can afford to take on more risk and put more money into volatile investments such as stocks. These investments have the potential to grow over time and provide you with a nest egg later in life. Of course, you should first put some money into savings so that you have an emergency fund to fall back on if needed.

Even if you're not yet earning a lot, it's important to set aside money for the future. Try to contribute at least 10% of your income towards a retirement savings plan.

No matter how you choose to start saving and investing, the important thing is to start now so that you can reap the benefits later in life. 

**Mid-career (the 30s to 40s)** 

By the time you reach your 30s or 40s, you ideally have a well-established career and are earning more. This life stage is the perfect time to start planning for your financial goals. In addition to retirement, you may also want to set aside money for other life goals such as buying a house or sending your kids to college.

To reach these goals, consider [investing in a mix of stocks and bonds](/articles/learn/bond-vs-stock-market) so that you have potential for higher returns over the long term while providing some protection in case of a market downturn.

Keep in mind though that all investments come with risk, so don't put more money than you can afford to lose! When it comes to planning and saving for your future, put time on your side by taking steps now to build the financial life you've always wanted.

**Pre-retirement (the 40s to 50s)** 

As you approach retirement age, it's important to shift your focus from growth to preservation. At this financial milestone, you ideally have most of your major financial goals already squared away. As such, you'll want to start selling off volatile investments and redeploying the proceeds into less risky options such as bonds and cash equivalents. This will help protect the wealth you've accumulated over the years and provide a cushion against any unexpected bumps in the road. 

Of course, preserving your wealth doesn't mean foregoing all growth at this financial life stage. You'll still want to invest in a mix of assets that offer both stability and potential for appreciation. A financial advisor can help you [develop a retirement plan](/articles/learn/planning-for-your-retirement) that strikes the right balance between risk and reward. 

**Early retirement (50s+)**  

If you're lucky enough to retire early, you may think that you can just enjoy your life without having to worry about money. However, even if you have a nice nest egg saved up, it's still important to be mindful of your finances and make sure that your money lasts as long as you need it.

One of the main things to keep in mind is to keep some money invested even after you retire. This way, your portfolio won't run out during retirement; a good rule of thumb is to keep enough invested such that you're withdrawing no more than 4% per year. In addition, it's important to stay diversified across different asset classes so that you're not too exposed to any single type of risk. For example, you might want to have a mix of stocks, bonds, and cash. 

**Late retirement (60s+)**
 
For those who retire later in life, there are two primary concerns: making sure that your nest egg lasts, and protecting against inflation. To achieve both, consider investing a portion of your portfolio in government securities that offer guaranteed interest earned for the duration of your investment. Additionally, Treasury Inflation-Protected Securities (TIPS) can help defend against rising prices by providing inflation-indexed returns on investment.

Government securities also offer competitive interest rates and are fully backed by the Philippine government, making them a safe investment option. In addition, they can be easily bought and sold on the secondary market, giving investors the flexibility to adjust their portfolios as needed. For those interested in long-term investments, five-year treasury bonds can provide stable income over time.

Investing in annuities and TIPS can be a great way to help secure your financial future in retirement. Talk to a Metrobank Investment Specialist about whether these options are right for you.

## Start building the future you want 

No matter what life milestone you're at, it's never too late (or too early) to start planning financially for the future. Different life stages require different financial planning tactics, so it’s vital to think your goals through and consult with a financial expert. By taking the time to save and invest now, you can secure a more prosperous tomorrow for yourself and your loved ones!

Learn more about financial planning and investment tips at Metrobank. 

No two life stages are the same – so why would your financial planning be? Here’s how to plan for the different life stages.

Life stages for financial planning: what you need to know

Metropolitan Bank & Trust Co.’s (Metrobank) net income rose by 12.4% to a record PHP 35.7 billion in the nine months ending September from a year ago, supported by the Bank’s strong asset expansion, recovery in non-interest income and improved asset quality. 

This translated to a 12.9% return on equity, higher than the 12.8% recorded in the same period last year.

"Our robust results reflect our strong drive to continue supporting the growing needs of our clients, all while preserving the health of our portfolio," said Metrobank President Fabian S. Dee. “We look forward to the positive impact of recent regulatory measures on the banking industry alongside improving economic outlook," added President Dee. 

Gross loans jumped 15.6% year-on-year as of September. Commercial loans surged 16.6% as firms resumed capital spending and built up their inventories. On the other hand, consumer loans grew by 12.3% driven by a 16.6% rise in net credit card receivables and 15.7% growth in auto loans. 

Meanwhile, total deposits stood at PHP 2.3 trillion. Low-cost Current and Savings Accounts (CASA) made up for 62.3% of total deposits. 

Net interest income climbed by 11.0% to PHP 85.7 billion, with net interest margin at 3.90% for the January to September period.

The Bank took advantage of favorable market developments during the third quarter, generating combined trading and foreign exchange gains of PHP 5.6 billion in the nine months ending September, which is 56.4% higher year-on-year. In addition, fee income edged up to PHP 12.5 billion for the same period.

Operating cost increased by 11.2% year-on-year to PHP 57.0 billion as of September, driven by manpower, taxes and licenses, IT and marketing costs as the bank continued to invest for growth. Cost to income ratio stood at 52.2% during the period.

As a result, pre-provision operating profit increased by 7.9% to PHP 52.8 billion.

Metrobank’s non-performing loans (NPLs) ratio further eased to 1.59%, reflecting that the Bank has continued to remain prudent in its lending business. As a result, provision costs declined by 48.2% year on year. Nonetheless, NPL cover remains high, at 161.9%, providing a substantial buffer against any risks to the portfolio.

Metrobank’s total consolidated assets stood at PHP 3.34 trillion, maintaining its status as
the country’s second largest private universal bank. Total equity reached PHP 380.1 billion.

The Bank’s capital ratios are still among the highest in the industry, with Capital Adequacy Ratio at 17.1% and Common Equity Tier 1 (CET1) ratio at 16.3%, all well above the BSP’s minimum regulatory requirements. In addition, Metrobank’s Liquidity Coverage Ratio (LCR) is healthy at 258.4%.

Most recently, Metrobank received a Gold Stevie at the 2024 International Business Awards for its 'Grow With Metrobank' campaign, which shared stories of growth from both customers' and Metrobankers' perspectives. The Bank also emerged as the Most Recommended Retail Bank in the Philippines by The Asian Banker, based on the results of the publication's Annual BankQuality™ Consumer Survey, which gathered feedback from over 12,000 customers across Asia in January 2024. It was also awarded by Euromoney as the Best Bank for corporate responsibility for its efforts through the Metrobank Foundation to support initiatives on health, education, the arts, and social causes and it was named as the Best Bank for Ultra High-Net-Worth Filipinos at the Euromoney Global Private Banking Awards 2024.


Metrobank's net income rose by 12.4% to a record PHP 35.7 billion as of September, driven by its strong asset expansion, recovery in non-interest income and improved asset quality.

Metrobank posts record income as of September amid robust loan growth

Metropolitan Bank & Trust Co. (Metrobank) continues to post a strong momentum,
bringing home the Strongest Bank in the Philippines title for the fourth straight year at the recently held The Asian Banker Global 2024 Finance Awards.  

"We are truly proud of this award from The Asian Banker because it has undergone an
objective scrutiny by a team of finance experts. This award recognizes what a Bank
should be: strong, stable, and resilient— focused first and foremost on upholding the
trust of our customers," says Metrobank Financial Markets Sector Head Antonio
Fernand Tansingco who received the award on behalf of the Bank.  

Our value of “malasakit,” which means deep care for one’s responsibilities and even
going beyond what is expected, coupled with commitment and hard work of every
Metrobanker, make achievements such as this possible, adds Tansingco.  

The Strongest Banks ranking of The Asian Banker is based on a detailed and
transparent scorecard that ranks banks and financial holding companies on six criteria
of balance sheet performance; namely the ability to scale, balance sheet growth, risk
profile, profitability, asset quality and liquidity, covered by 14 specific factors. The evaluation is conducted between March and August each year when banks' annual
financial results become available.  

The Asian Banker also recently named Metrobank as the Most Recommended Retail
Bank in the Philippines, based on the results of the publication's Annual BankQuality™
Consumer Survey, which gathered feedback from over 12,000 customers across Asia in
January 2024.

The Bank’s Financial Markets Sector likewise garnered awards from the Bureau of the
Treasury, Fund Managers’ Association of the Philippines, and regional finance
publications, namely, Alpha Southeast Asia and The Asse for its expertise in securities trading and investment and wealth management.

Metrobank brings home the Strongest Bank in the Philippines title for the fourth straight year at the recently held The Asian Banker Global 2024 Finance Awards.

Metrobank: PH's Strongest Bank for the fourth straight year

Metrobank is one with the Bangko Sentral ng Pilipinas in celebrating the National Banking Week from January 1 to 7, 2025.  

We support the whole banking sector in propelling economic development and promoting financial growth and resilience among Filipinos.  

Inspired by the theme, “Banks and the Public: Partners for a Brighter Future,” let’s continue to grow together towards financial success.

<p>#NationalBankingWeek2025 #NBW2025</p>

Together with the Bangko Sentral ng Pilipinas, we commemorate the National Banking Week from January 1 to 7, 2025, with the theme “Banks and the Public: Partners for a Brighter Future.”

Metrobank joins the celebration of the 2025 National Banking Week

Metropolitan Bank & Trust Co.’s (Metrobank) net income rose by 14.0% year-on-year to a record PHP48.1 billion in 2024, supported by robust asset expansion and improving asset quality. 

This translated to a 13.0% return on equity, higher than the 12.5% recorded in the same period last year.

The Board also approved a total cash dividend of PHP5.00 per share for the year. Aside from the regular dividend of PHP3.00 per share that will be paid out on a semi-annual basis, a special cash dividend of PHP2.00 was declared. The first payout of PHP3.50 will be given to shareholders on record as of March 6, 2025.

“The hard work that all Metrobankers put in growing our corporate, middle market, retail and wealth segments as well as our investments in technology and human resources and risk management initiatives continue to bear fruit," said Metrobank President Fabian S. Dee. "This positive momentum and our strong balance sheet set us up very well to continuously meet the growing needs of our clients and to pursue our medium-term strategies," he added.

The Bank’s net interest income rose 8.7% to PHP114.1 billion on the back of a strong 17.0% expansion in gross loans, outpacing industry growth of 12.5%. Commercial loans surged by 17.7% as corporates continued to increase capital spending.  Consumer loans grew by 14.4% driven by an 18.6% rise in net credit card receivables and 18.2% growth in auto loans.

Total deposits rose by 8.0% to PHP2.6 trillion from a year ago, of which low-cost Current and Savings Accounts (CASA) accounted for 57.8%.

Fee and trust income edged up to PHP18.1 billion supported by growth in consumer business. In addition, the Bank booked a combined trading and foreign exchange gain of PHP5.6 billion in 2024, a 39% year-on-year improvement.

Operating costs grew 11.0%, year-on-year, to PHP77.2 billion driven by transaction related taxes as well as manpower, technology and marketing costs as the bank continued to invest for growth.

Metrobank’s non-performing loans (NPLs) ratio further eased to 1.43% from 1.69% in 2023, which enabled the Bank to reduce provisions by 29.2% year-on-year. NPL cover, nonetheless, remains high at 163.5%, providing a substantial buffer against any emerging risks to the portfolio.

Metrobank’s total consolidated assets stood at PHP3.52 trillion, maintaining its status as
the country’s second largest private universal bank. Total equity reached PHP385.5
billion.

The Bank’s fortress balance sheet remains evident with capital adequacy ratio at 16.7% and Common Equity Tier 1 (CET1) ratio at 15.9%, all well above the BSP’s minimum regulatory requirements. Metrobank’s Liquidity Coverage Ratio (LCR) is also high at 256.1%.

Metrobank was thus, recognized by the Asian Banker as the country’s Strongest Bank for the fourth consecutive year. During the Euromoney Awards for Excellence 2024, it was also named as the Best Bank for Corporate Responsibility for its efforts via Metrobank Foundation to support the country’s education, arts and social sectors. The Asian Banker also noted Metrobank as the Most Recommended Retail Bank in the Philippines, based on the results of The Asian Banker’s Annual BankQuality™ Consumer Survey in January 2024. 


Metropolitan Bank & Trust Co.’s (Metrobank) net income rose by 14.0% year-on-year to a record PHP48.1 billion in 2024, supported by robust asset expansion and improving asset quality. 

Metrobank posts record earnings of PHP 48.1B in 2024


The Metropolitan Bank & Trust Co. (Metrobank) Financial Markets Sector has once again demonstrated its expertise in securities trading and investment and wealth management as it recently received recognitions from the government and local and international award-giving bodies.

The Bureau of the Treasury (BTr) named Metrobank as the Top Market Maker for 2024, during its 127th anniversary celebration where it recognized top partners for securities trading. This is the fourth straight year that Metrobank received this award, highlighting its efforts in helping the national government meet its financing requirements and supporting the Treasury's initiatives in enhancing Filipinos' access to investment opportunities.

Further affirming the Bank's investment and wealth management expertise and unparalleled market insights, it also recently received accolades from the Fund Managers' Association of the Philippines (FMAP) and the CFA Society Philippines. The Bank also received recognition from regional finance publications, namely, Alpha Southeast Asia, The Asset, and Citywire Asia. 

At the recently held 2024 FMAP Awards Night, Metrobank was named as the Best Fixed Income House in the country for the second consecutive year. Metrobank executives also brought home titles and were recognized as the best among peers in various categories of fixed-income and foreign exchange strategy and trading.

Meanwhile, the CFA Society Philippines awarded Metrobank Trust for the outstanding performance of two of its UITFs relative to peers. 

In the region, Metrobank's Trust Banking Group emerged as the Best Asset Manager for the Country Specific Equity and Income Oriented Funds category and as the Best Fund with the Optimal Information Ratio, according to international publication Alpha Southeast Asia.

The publication underscored Metrobank Trust Banking Team's outstanding investment competency and unparalleled market insights amidst a fast growing asset management industry in the Philippines. It noted the good performance of the equity and fixed-income portfolios managed by Metrobank Trust, and pointed out the continued growth of the Bank's assets under management.

Moreover, at this year's The Asset Awards, Metrobank was named the Top Investment House in the country for both the Local Currency Bonds and for G3 Bonds categories. Metrobank executives were also recognized, highlighting the Bank’s expertise in managing and investing in both domestic and global financial assets. Multiple members of its highly-capable team was also included at the Hong Kong-based publication's Top 10 Astute Investors in Asia.

Metrobank Trust has received multiple recognitions from global experts for its strength, reliability, and overall stellar performance in the banking space. Citywire Asia has recognized it as the Best Asset Manager for the Philippines and named bank executives as part of the 2024 Top 25 ASEAN Selectors at the 2024 Citywire Asia ASEAN Awards. 

These awards reflect Metrobank’s Financial Markets Sector's commitment to excellence by providing best-in-class investment services and solutions to help clients reach their goals. 


The Bank demonstrated anew its excellence in securities trading and investment and wealth management, receives multiple recognitions here and abroad


Metrobank reaffirms leadership in securities trading and investment management

The Investor Relations Department serves as the resource for shareholders, equity and financial analysts, rating agencies, regulators and the media to appreciate the Bank’s business, recent performance and significant developments.

Regular updates are disseminated through the Bank’s company filings and disclosures. These are also discussed and presented in one-on-one meetings, investor/analyst briefings and conferences, and media briefings.

View the latest investor presentations:

**2024**

* [Q4 2024 Investor Presentation](https://web-assets.metrobank.com.ph/1741329279-mbt-company-presentation_3-7-25-vf.pdf)

* [Q3 2024 Investor Presentation](https://web-assets.metrobank.com.ph/1730221955-mbt-company-presentation_29-10-24-vf.pdf)

* [Q2 2024 Investor Presentation](https://web-assets.metrobank.com.ph/1725948226-mbt-company-presentation_02-08-24-v4.pdf)

* [Q1 2024 Investor Presentation](https://web-assets.metrobank.com.ph/1714676224-mbt-company-presentation_01-05-24-v6.pdf)


**2023**

* [Q4 2023 Investor Presentation](https://web-assets.metrobank.com.ph/1709792823-mbt-company-presentation_26-02-24-vf.pdf)

* [Q3 2023 Investor Presentation](https://web-assets.metrobank.com.ph/1698403758-mbt-company-presentation_10-27-2023-vff-for-uploading.pdf)

* [Q2 2023 Investor Presentation](https://web-assets.metrobank.com.ph/1691064820-mbt-company-presentation_08-03-2023vf.pdf)

* [Q1 2023 Investor Presentation](https://web-assets.metrobank.com.ph/1683539932-mbt-company-presentation_05-08-2023vf.pdf)


**2022**

* [Q4 2022 Investor Presentation](https://web-assets.metrobank.com.ph/1677548476-mbt-company-presentation_02-27-2023_vf.pdf)

* [Q3 2022 Investor Presentation](https://web-assets.metrobank.com.ph/1667865402-mbt-q3-2022-company-presentation.pdf)

* [Q2 2022 Investor Presentation](https://web-assets.metrobank.com.ph/1659530638-mbt-q2-2022-company-presentation.pdf)

* [Q1 2022 Investor Presentation](https://web-assets.metrobank.com.ph/1658209023-mbt-q1-2022-company-presentation.pdf)



**2021**

* [Q4 2021 Investor Presentation](https://web-assets.metrobank.com.ph/1646044670-mbt-q4-2021-company-presentation.pdf)

* [Q3 2021 Investor Presentation](https://web-assets.metrobank.com.ph/1636336735-mbt-q3-2021-company-presentation.pdf)

* [Q2 2021 Investor Presentation](https://web-assets.metrobank.com.ph/1629256142-mbt-q2-2021-company-presentation.pdf)

* [Q1 2021 Investor Presentation](https://web-assets.metrobank.com.ph/1622428167-mbt-q1-2021-company-presentation.pdf)


**2020**

* [Q4 2020 Investor Presentation](https://web-assets.metrobank.com.ph/1623648805-mbt-q4-2020-company-presentation.pdf)

* [Q3 2020 Investor Presentation](https://web-assets.metrobank.com.ph/1623648829-mbt-q3-2020-company-presentation.pdf)

* [Q2 2020 Investor Presentation](https://web-assets.metrobank.com.ph/1623648852-mbt-q2-2020-company-presentation.pdf)

* [Q1 2020 Investor Presentation](https://web-assets.metrobank.com.ph/1622093594-mbt-q1-2020-company-presentation.pdf)


**Policy on reporting sustainability measures**

The Bank’s Sustainability Department under Risk Management Group is tasked to disclose all pertinent non-financial information (as applicable), with emphasis on the management of economic, environmental, social and governance (EESG) issues of the Bank’s business which underpin sustainability.

**Investor Conferences and Roadshows**

| Date                  | Organizer                    | Event                                                        | Venue              |
| --------------------- | ---------------------------- | ------------------------------------------------------------ | ------------------ |
| June 20, 2024 | BofA Securities | BofA 2024 APAC Financial Real Estate Equity and Credit Conference | via Zoom |
| June 13, 2024 | Macquarie | ASEAN Banks Tour | Manila |
| June 11-12, 2024 | CLSA | 20th CITIC CLSA ASEAN Forum | Jakarta |
| May 30, 2024 | UBS | UBS Asian Investment Conference | Hong Kong |
| May 20, 2024 | BofA Securities | BofA Securities 2024 Philippines Corporate Day | via Zoom |
| April 17-18, 2024 | Macquarie | Metrobank Non-Deal Roadshow | Singapore |
| March 20, 2024 | BofA Securities | Metrobank Non-Deal Roadshow (Fixed Income Investors) | Singapore |
| March 19-20, 2024 | Jefferies and Regis Partners | Jefferies 5th Asia Forum | Singapore |
| January 23, 2024 |  J.P. Morgan | J.P. Morgan 18th Philippine Conference 2024 | Manila |
| January 5, 2024 | J.P. Morgan | J.P. Morgan’s ASEAN Financials Forum | via ZOOM |
| December 6, 2023 | CGS-CIMB | CGS-CIMB Regional Financials Virtual Conference 2023 | via ZOOM |
| November 30, 2023 | J.P. Morgan | Metrobank Non-Deal Roadshow | Boston |
| November 28-29, 2023 | UBS | UBS Global Emerging Markets 1-on-1 Conference | New York |
| October 11-12, 2023 | Jefferies and Regis Partners | The Jefferies and Regis Partners Philippines Conference 2023 | Manila |
| September 19-20, 2023 | Jefferies and Regis Partners | Jefferies and Regis London Corporate Access Days | London          |
| September 22, 2023       |  J.P Morgan              | J.P. Morgan’s ASEAN Financials Forum 2023    | via ZOOM          |
| September 8, 2023       |  Jefferies and Regis Partners              | Jefferies 4th Asia Forum    | Hong Kong          |
| June 8, 2023       |  Macquarie              | Macquarie ASEAN Banks Tour    | Manila          |
| June 1, 2023       |  UBS              | UBS OneASEAN Conference    | Singapore          |
| May 23, 2023       |  DBS Vickers              | DBS Vickers Regional Banks and Financials Conference    | Singapore          |
| March 27, 2023       |  J.P Morgan              | J.P. Morgan Philippines Conference 2023    | Manila          |
| January 5, 2023       |  J.P Morgan              | JP Morgan ASEAN Financials 1x1 Forum    | Singapore         |
| January 4, 2023       |  Macquarie              | Metrobank Non-Deal Roadshow    | Singapore          |
| December 2, 2022       |  HSBC              | HSBC Virtual Asia Credit Tour    | via Zoom          |
| November 22, 2022        |  Jefferies and Regis Partners               | Philippines Corporate Access Day    | Manila          |
| November 9, 2022        |  CGS-CIMB              | CGS-CIMB Regional Financials Virtual Conference    | via Zoom          |
| September 15, 2022       |  Macquarie              | Macquarie ASEAN Banks Tour    | Manila          |
| September 9, 2022       |  UBS              | UBS APAC Financials & Fintech Virtual Conference 2022    | via Zoom          |
| August 5, 2022       |  Maybank              | Invest ASEAN 2022    | via Zoom          |
| June 9, 2022       |  Nomura              | Nomura Investment Forum Asia 2022    | via Webex          |
| June 8, 2022        |  Citibank              | CITI 3rd Annual Pan Asia Regional Conference       | via Zoom          |
| March 10, 2022        |  Regis Partners              | REGIS CEO Roundtable Series       | via Zoom          |
| January 26-27, 2022    |  J.P. Morgan                 | J.P. Morgan Philippines Conference 2022                  | via Zoom          |
| January 6, 2022        |  J.P. Morgan                 | J.P. Morgan ASEAN Financial Day                             | via Zoom          |
| November 25, 2021     | Macquarie                    | Macquarie ASEAN Banks Virtual Tour | via Zoom          |
| October 13, 2021      | Jefferies and Regis Partners | Philippines Corporate Access Day | via Zoom          |
| September 9,2021      | J.P. Morgan                  | J.P. Morgan Asia Pacific CEO-CFO Conference                                                                            | via Zoom          |
| September 8,2021      | Jefferies and Regis Partners | Jefferies Asia Forum              | via Zoom           |
| September 7, 2021     | UBS                          | APAC Financials & Fintech Virtual Conference      | via Zoom          |
| September 2, 2021     | BlackRock                    | BlackRock ASEAN Virtual Tour      | via Webex          |
| August 16, 2021       | Maybank Kim Eng              | Invest ASEAN 2021                | via Zoom           |
| July 2, 2021          | Macquarie                    | Macquarie Group Call: Philippines Insights | via Zoom          |
| June 17, 2021         | Goldman Sachs                    | GS Asia Financials Virtual Corporate Day | via Zoom          |
| May 27, 2021          | BofA-PEP                     | 2021 APAC Financial, Real Estate Equity and Credit Conference | via Zoom           |
| May 21, 2021          | J.P. Morgan                  | Virtual J.P. Morgan ASEAN Financial Day                       | via Zoom           |
| March 22, 2021        | Regis Partners               | Regis Partners CEO Roundtable Series                         | via Zoom           |
| March 11, 2021        | DBS Vickers                  | DBS Vickers Corporate Day: ASEAN Banks & Financial Companies | via Webex          |
| March 5, 2021         | UBS                          | UBS Philippines CEO/CFO Forum                                | via Zoom           |
| February 9, 2021      | MUFG                         | MUFG Philippines Fixed Income Investors Conference           | via Webex          |
| January 29, 2021      | J.P. Morgan                  | 15th J.P. Morgan Philippine Conference 2021                  | via Zoom           |
| January 6, 2021       | J.P. Morgan                  | Virtual J.P. Morgan ASEAN Financial Day                      | via Zoom           |
| December 2, 2020      | Credit Suisse                | 2020 Asia Financials Virtual Corporate Day                   | via Zoom           |
| November 19, 2020     | UBS                          | Conference: Meet the CEO and other Senior Executives         | via Zoom           |
| October 20, 2020      | Credit Suisse                | Credit Suisse Philippines Virtual Conference                 | via Zoom           |
| October 14-15, 2020   | Jefferies and Regis Partners | Philippines Corporate Access Days                            | via Webex          |
| July 2, 2020          | J.P. Morgan                  | J.P. Morgan Philippine Banks Day                             | via Teleconference |
| June 29, 2020         | Macquarie                    | Macquarie Group Call:   Philippines Insights                 | via Webex          |
| February 3-4, 2020    | J.P. Morgan                  | J.P. Morgan Philippine   Conference 2020                     | Manila             |
| January 9, 2020       | DBS Vickers                  | DBS Vickers Pulse of Asia   Conference                       | Singapore          |
| January 8, 2020       | J.P. Morgan                  | J.P. Morgan Financials 1x1 Forum                             | Singapore          |
| November 14, 2019     | UBS                          | UBS ASEAN Banks Virtual   Conference                         | Manila             |
| November 6, 2019      | J.P. Morgan                  | Metrobank Non-Deal Roadshow                                  | Chicago            |
| November 5, 2019      | J.P. Morgan                  | Metrobank Non-Deal Roadshow                                  | New York           |
| November 4, 2019      | J.P. Morgan                  | Metrobank Non-Deal Roadshow                                  | Boston             |
| October 30–31, 2019   | UBS                          | Metrobank Non-Deal Roadshow                                  | Hong Kong          |
| October 29, 2019      | Macquarie                    | Metrobank Non-Deal Roadshow                                  | Singapore          |
| September 3, 2019     | Maybank                      | Philippine Corporate Day                                     | Kuala Lumpur       |
| August   20, 2019     | J.P. Morgan                  | J.P. Morgan ASEAN and India   Banks 1x1 Forum                | Manila             |
| June 21,   2019       | Maybank                      | Malaysian Client Tour                                        | Manila             |
| June 20, 2019         | Macquarie                    | Macquarie ASEAN Banks Tour                                   | Manila             |
| April 1, 2019         | J.P. Morgan                  | J.P. Morgan ASEAN Banks Tour                                 | Manila             |
| February 27, 2019     | UBS                          | UBS Philippines CEO/CFO Forum   2019                         | Manila             |
| January 21-22, 2019   | J.P. Morgan                  | J.P. Morgan Philippines   Conference 2019                    | Manila             |
| January 9, 2019       | J.P. Morgan                  | J.P. Morgan ASEAN Banks 1x1   Forum                          | Manila             |

**Media and Analysts’ Briefings**

| Date                | Agenda                                               | Venue                     |
| ------------------- | ---------------------------------------------------- | ------------------------- |
| August 2, 2024 | Analysts' and Investors’ Briefing: 1H 2024 Results| Hybrid: Private Wealth Lounge, <br>Grand Hyatt, Manila and <br>via Webex |
| May 2, 2024 | Analysts' and Investors’ Briefing: Q1 2024 Results| Hybrid: Private Wealth Lounge, <br>Grand Hyatt, Manila and <br>via Webex |
| February 26, 2024 | Analysts' and Investors’ Briefing: FY 2023 Results | Hybrid: Private Wealth Lounge, <br>Grand Hyatt, Manila and <br>via Webex |
| October 27, 2023 | Analysts’ and Investors’ Briefing: 9M 2023 Results | via Webex |
| May 8, 2023    | Analysts' and Investors' Briefing: Q1 2023 Results   | via Webex                 |
| February 27, 2023    | Analysts' and Investors' Briefing: FY 2022 Results   | via Webex                 |
| November 7, 2022    | Analysts' and Investors' Briefing: 9M 2022 Results   | via Webex                 |
| August 3, 2022      | Analysts' and Investors' Briefing: 1H 2022 Results   | via Webex                 |
| May 2, 2022         | Analysts' and Investors' Briefing: Q1 2022 Results   | via Webex                 |
| February 28, 2022   | Analysts' and Investors' Briefing: FY 2021 Results   | via Webex                 |
| November 5, 2021    | Analysts' and Investors' Briefing: 9M 2021 Results   | via Webex                 |
| August 4, 2021      | Analysts' and Investors' Briefing: 1H 2021 Results   | via Webex                 |
| May 4, 2021         | Analysts' and Investors' Briefing: Q1 2021 Results   | via Webex                 |
| February 22, 2021   | Analysts' and Investors' Briefing: FY 2020 Results   | via Webex                 |
| November 4, 2020    | Analysts' and Investors' Briefing: 9M 2020 Results   | via Webex                 |
| August 4, 2020      | Analysts' and Investors' Briefing: 1H 2020 Results   | via Webex                 |
| May 4, 2020         | Analysts' and Investors' Briefing: Q1 2020 Results   | via Webex                 |
| November 14, 2019   | Media and Analysts Briefing: 9M 2019 Results         | Grand Hyatt Hotel, Manila |
| August 15, 2019     | Media and Analysts Briefing: 1H 2019 Results         | Grand Hyatt Hotel, Manila |
| May 14, 2019        | Media and Analysts Briefing: Q1 2019 Results         | Grand Hyatt Hotel, Manila |
| March 27, 2019      | Media and Analysts Briefing: FY 2018 Results         | Grand Hyatt Hotel, Manila |


For more information, you may reach the Metrobank Investor Relations Department through the following:

**Investor Relations Department**

**Email Address**: investor.relations@metrobank.com.ph

**Telephone no**: (02) 8857 5348

**Address**: 11/F Metrobank Plaza, Sen. Gil Puyat Avenue, Makati City, Philippines 1200

Learn more about the Metropolitan Bank & Trust Company (MBT) Investor Relations Program.

Metrobank Investor Relations Program

The Philippine Deposit Insurance Corporation (PDIC) is increasing the Maximum Deposit Insurance Coverage (MDIC) to PHP 1M per depositor, starting March 15, 2025

PDIC doubles deposit insurance coverage to PHP 1M per depositor

**2024**
<br>
[Liquidity Coverage Ratio Disclosure Solo December 31, 2024](https://web-assets.metrobank.com.ph/1741160683-liquidity-coverage-ratio-disclosure-solo-december-31-2024.pdf)  
[Liquidity Coverage Ratio Disclosure Consolidated December 31, 2024](https://web-assets.metrobank.com.ph/1741160683-liquidity-coverage-ratio-disclosure-consolidated-december-31-2024.pdf)

**2023**
<br>
[Liquidity Coverage Ratio Disclosure Solo December 31, 2023](https://web-assets.metrobank.com.ph/1718935618-liquidity-coverage-ratio-disclosure-solo-december-31-2023.pdf)<br>
[Liquidity Coverage Ratio Disclosure Consolidated December 31, 2023](https://web-assets.metrobank.com.ph/1718935370-liquidity-coverage-ratio-disclosure-consolidated-december-31-2023.pdf)

**2022**
<br/>
[Liquidity Coverage Ratio Disclosure Solo December 31, 2022](https://web-assets.metrobank.com.ph/1685675545-liquidity-coverage-ratio-disclosure-solo-december-31-2022.pdf)<br/>
[Liquidity Coverage Ratio Disclosure Consolidated December 31, 2022](https://web-assets.metrobank.com.ph/1685675541-liquidity-coverage-ratio-disclosure-consolidated-december-31-2022.pdf)

**2021**
<br/>
[Liquidity Coverage Ratio Disclosure Solo December 31, 2021](https://web-assets.metrobank.com.ph/1652940828-lcr-solo-disclosure-2021.pdf)<br/>
[Liquidity Coverage Ratio Disclosure Consolidated December 31, 2021](https://web-assets.metrobank.com.ph/1652940810-lcr-conso-disclosure-2021.pdf)

**2020**
<br/>
[Liquidity Coverage Ratio Disclosure Solo December 31, 2020](https://web-assets.metrobank.com.ph/1623413031-lcr-solo-disclosure-2020.pdf)<br/>
[Liquidity Coverage Ratio Disclosure Consolidated December 31, 2020](https://web-assets.metrobank.com.ph/1623413107-lcr-conso-disclosure-2020.pdf)

**2019**
<br/>
[Liquidity Coverage Ratio Disclosure Solo December 31, 2019](https://web-assets.metrobank.com.ph/1623413192-lcr-solo-disclosure-2019.pdf)<br/>
[Liquidity Coverage Ratio Disclosure Consolidated December 31, 2019](https://web-assets.metrobank.com.ph/1623413233-lcr-conso-disclosure-2019.pdf)

This page features the bank's Liquidity Coverage Ratio Disclosure documents.

Liquidity Coverage Ratio Disclosure 

Grow your assets with minimum risk through low-risk investments. This fund is ideal for those looking for an investment that gives better returns than regular time deposits.

If you are interested in investing in the Metro Money Market Fund, here’s what you need to know:


| **Fund Name**                                            | **Metro Money Market Fund**                                                                                              |
|----------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|
| **Fund classification**                                  | Money Market Fund                                                                                                             |
| **Fund Benchmark**                                       | 3 Month PHP Treasury Bill Yield, net of applicable taxes                       |
| **Inception Date**                                       | April 4, 2005                                                                                                            |
| **Base Currency**                                        | Philippine peso                                                                                                          |
| **Investor risk profile**                                | Conservative                                                                                                             |
| **Investment horizon**                                   | At least 30 days                                                                                                         |
| **Dealing day and cut-off**                              | Any banking day, up to 12:00 PM for branch and 2:30 PM for electronic channels                                           |
| **Minimum initial investment / maintaining balance**     | PHP 10,000                                                                                                               |
| **Minimum Additional Participation / Redemption Amount** | PHP 1,000                                                                                                                |
| **Minimum Holding Period**                               | None                                                                                                          |
| **Trust fee**                                            | 0.60% per annum based on Net Asset Value                                                                                 |
| **Early redemption charge**                              | None                                                                                         |
| **Redemption settlement date**                           | Same as date of redemption (At end-of-day)                                                                                               |
| **NAVPU Availability**                                   | Day 1 (At end-of-day)                                                                                                    |
| **Qualified Participants**                               | All Philippine residents, including resident aliens and Filipino citizens   residing therein, and domestic corporations. |


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**What is investment horizon?**

The investment horizon is the recommended amount of time you should stay invested in this fund so that you can reap its full benefits. The Metro Money Market Fund is a short-term low-risk investment that has an investment horizon of at least 30 days.

**What is the minimum holding period?**

The minimum holding period is the minimum amount of time you should stay invested in this fund. If you redeem or withdraw your money within the minimum holding period, you will incur an early redemption charge. 

The Metro Money Market Fund does not have a minimum holding period. You can redeem as early as the next banking day, without any additional cost.

**What is dealing day?**

The dealing day is when you can do transactions related to the fund. Any transactions made after the fund’s cut-off will be processed on the next banking day.

**What is redemption settlement date?**

Withdrawing your investment, whether partial or in-full, is called redemption. The redemption date is when you order a redemption. Meanwhile, the redemption settlement date is when your investment is credited to your settlement account. The redemption settlement date for this low-risk investment money market fund is the same day as your redemption date (At end-of-day).

**The Benefits**

The Metro Money Market Fund is ideal for investors with a conservative risk profile, it provides liquidity and higher return than regular bank deposits.  Having a 30-day time horizon, this fund is best for short-term investment goals.

When it comes to investing in a low-risk return investment, you know you’re in good hands with Metrobank. Talk to us today. 

Talk to us at [Metrobank](/contact-us) to get started.

**Additional fund information**

Check the performance, governing terms and provisions, and other important details about this fund  by viewing the following:

* [Key Information and Investment Disclosure Statement (KIIDS)](https://www.metrobank.com.ph/assets/metro-money-market-fund.pdf) 
* [Declaration of Trust](https://web-assets.metrobank.com.ph/1726220153-1_dot_metro-money-market-fund_effective-oct-2024.pdf)
* [Audited Financial Statements](https://web-assets.metrobank.com.ph/1696996894-metro-money-market-fund-audited-financial-statement-2022.pdf)


&nbsp;

- - -

<font size="2">_Unit Investment Trust Funds (UITFs) are NEITHER deposits account NOR obligations of, NOR guaranteed, NOR insured by the METROPOLITAN BANK & TRUST COMPANY or its affiliates or subsidiaries. UITFs are not covered by the Philippine Deposit Insurance Corporation (PDIC) and do not offer a guaranteed return or yield. Any income or loss arising from market fluctuations and price volatility of the securities held by the UITF, even if invested in government securities, is for the account of the investor/s. As such, units of participation of the investor/s when redeemed, may be worth more than or less than his/her initial investment/principal. Historical performance is purely for reference purposes and is not an assurance of future performance. The Trustee is not liable for investment losses unless such was incurred upon willful default, bad faith or gross negligence._</font>

<font size="2">_Prospective clients undergo a profiling process to determine their suitability to invest in a particular UITF based on their investment objectives and risk tolerance. Clients are advised to read the Declaration of Trust/Plan Rules of the Fund, which may be obtained from the Trustee, before making a decision to invest._ </font>

<font size="2">_Investors in the UITF are susceptible to different kinds of risks with varying degrees depending on the underlying securities of the UITF they choose and a clear understanding of these risks must be established before any investment is made. A detailed explanation of these risks may be found in the Key Information and Investment Disclosure Statement (KIIDS) of each UITF._</font>

<font size="2">_Fees other than the Trust/Management Fee, such as External Audit and Custodianship Fees are described more thoroughly in the Key Information and Investment Disclosure Statement (KIIDS) of the Funds._</font>

_<font size="2">Metropolitan Bank and Trust Company is regulated by the Bangko Sentral ng Pilipinas (BSP). For any inquiries and complaints relating to Trust Products and Services, you may 1) call our hotline: 88-700-700, (2) send an email to customercare@metrobank.com.ph; or 3) visit/call/email your assigned Trust Sales Officer or the Branch Manager of your servicing branch. You may also file complaints at BSP Financial Consumer Protection Department at (632) 8708-7087 or consumeraffairs@bsp.gov.ph. To know your rights under BSP Circular No. 857 (Regulations on Financial Consumer Protection), please access a copy at the BSP website (www.bsp.gov.ph).</font>_


The Metro Money Market Fund is a short-term liquidity fund investment ideal for those who want to preserve their principal at all times. 

Metro Money Market Fund

The Metro Clean Energy Equity Feeder Fund allows you to use Philippine Peso to invest in global companies engaged in alternative energy and energy technologies. 

Here’s what you need to know about this fund:

| **Fund Name**                                            | **Metro Clean Energy Equity Feeder Fund**                                                                                                                                                                                                                                                   |
|----------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Fund classification**                                  | Feeder Fund - Equity                                                                                                                                                                                                                                                                        |
| **Fund Benchmark**                                       | BlackRock Global Funds (BGF) – Sustainable Energy Fund Class D2 (in PHP Equivalent)                                                                                                                                                                                                                                        |
| **Inception Date**                                       | July 25, 2022                                                                                                                                                                                                                                                                               |
| **Base Currency**                                        | Philippine Pesos                                                                                                                                                                                                                                                                            |
| **Investor risk profile**                                | Aggressive                                                                                                                                                                                                                                                                                  |
| **Investment horizon**                                   | At least 5 years                                                                                                                                                                                                                                                                            |
| **Dealing day and cut-off**                              | Any banking day, up to 12:00 PM for branch and 2:30 PM for electronic channels                                                                                                                                                                                                              |
| **Minimum initial investment / maintaining balance**     | PHP 10,000                                                                                                                                                                                                                                                                                  |
| **Minimum Additional Participation / Redemption Amount** | PHP 1,000                                                                                                                                                                                                                                                                                   |
| **Minimum Holding Period**                               | 7 calendar days                                                                                                                                                                                                                                                                             |
| **Trust fee**                                            | 0.75% per annum based on Net Asset Value                                                                                                                                                                                                                                                    |
| **Early redemption charge**                              | 50% of income earned from the redeemed amount                                                                                                                                                                                                                                               |
| **Redemption settlement date**                           | 5 banking days after redemption (at end-of-day)                                                                                                                                                                                                                                                             |
| **NAVPU Availability**                                   | 2 banking days after date of transaction                                                                                                                                                                                                                                                    |
| **Qualified Participants**                               | Participation in the Investor Fund shall be open to Filipino individuals, residents and   non-resident aliens, and domestic corporate accounts. However, persons from   United States of America (USA), Canada, Indonesia, South Korea and, Iceland   are not qualified to open an account. |
| **Target fund/s**                                        | BlackRock Global Funds (BGF) Sustainable Energy Fund - Class D2 (USD) |

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**Where is the Metro Clean Energy Equity Feeder Fund invested?**

The Fund will invest in the BlackRock Global Funds (BGF) Sustainable Energy Fund - Class D2 (USD). This fund invests at least 70% of its total assets in the equity securities of global sustainable energy companies. Sustainable energy companies are those which are engaged in alternative energy and energy technologies including: renewable energy technology; renewable energy developers; alternative fuels; energy efficiency; enabling energy and infrastructure.

**Why should you invest in the Metro Clean Energy Equity Feeder Fund?**

The Metro Clean Energy Equity Feeder Fund makes it more affordable and accessible for investors to diversify their peso funds to USD denominated offshore assets, specifically sustainable energy companies, that contribute a positive impact to the society and environment. This also makes it more convenient for those who may not have the time and experience to invest, as the funds are managed by investment professionals.

**Do I need to convert my Philippine Pesos to US Dollars before investing in the Metro Clean Energy Equity Feeder Fund?**

No, the funds make it more convenient for you as there are no additional steps to convert your Philippine Pesos to US Dollars. The conversion of Philippine Pesos to US Dollars is done within the fund. Redemptions are also converted from US Dollars and are credited in Philippine Pesos.

**What is an investment horizon?**

This is the recommended amount of time you should stay invested in this fund so that you can reap its full benefit.

**What is minimum holding period?**

This is the period from the date of your investment where redemptions will be subject to an early redemption charge and will be deducted from your redemption proceeds.

**What is dealing day?**

This is when you can do transactions related to the fund. Any transactions made after the fund’s cut-off time will be processed on the next banking day.

**What is redemption settlement date?**

Withdrawing your investment, whether partial or in-full, is called redemption. The redemption date is when you order a redemption. Meanwhile, the redemption settlement date is when your redemption proceeds are credited to your settlement account (At end-of-day).

Talk to us at [Metrobank](/contact-us) to get started.

**Additional fund information**

Check the performance, governing terms and provisions, and other important details about this fund  by viewing the following:

* [Key Information and Investment Disclosure Statement (KIIDS)](https://website.mbtc.site/assets/metro-clean-energy-equity-feeder-fund.pdf)
* [Declaration of Trust](https://web-assets.metrobank.com.ph/1726220327-8_dot_metro-clean-energy-equity-feeder-fund_effective-oct-2024.pdf)
* [Audited Financial Statements](https://web-assets.metrobank.com.ph/1696996876-metro-clean-energy-feeder-fund-audited-financial-statement-2022.pdf)


Learn more about this fund [here](/invest/metro-clean-energy-equity-feeder-fund).


&nbsp;

- - -

<font size="2">_UITF is not a deposit product and is not insured by the Philippine Deposit Insurance Corporation (PDIC). Prospective clients undergo a profiling process to determine their suitability to invest in a particular UITF based on their investment objectives and risk tolerance. Returns cannot be guaranteed and historical NAVPU is for illustration of NAVPU movements/fluctuations only. When redeeming, the proceeds may be worth less than the original investment and any losses will be solely for the account of the client. The value of investments may be affected by fluctuations in the exchange rates of securities in a different currency other than the base currency of the Investor Fund. The Participants should note that the Fund is denominated in Philippine Peso and will be invested in a US dollar denominated share class of the Target Fund. The foreign currency position of the Investor will not be hedged. The trustee is not liable for any loss unless upon willful default, bad faith or gross negligence. Metropolitan Bank and Trust Company is regulated by the Bangko Sentral ng Pilipinas (BSP)._</font>

<font size="2">_For any inquiries and complaints relating to Trust Products and Services you may call our hotline at (632)88-700-700 or send an email to customercare@metrobank.com.ph._ </font>

<font size="2">_You may also file complaints at BSP Financial Consumer Protection Department at (632)8708-7087 or consumeraffairs@bsp.gov.ph. To know your rights under BSP Circular No. 857 (Regulations on Financial Consumer Protection), please access a copy at the BSP website (bsp.gov.ph)._</font>

Invest for a better cause with the Metro Clean Energy Equity Feeder Fund

Metro Clean Energy Equity Feeder Fund

It only takes a few steps to start your investment journey. You can now open a Unit Investment Trust Fund (UITF) investment account at your convenience on Metrobank Online. 

**Step 1:** Log in to Metrobank Online and click “UITF” under the “Investments” menu. 

![](https://web-assets.metrobank.com.ph/1740634973-uitf-online-step-1-1.png)

![](https://web-assets.metrobank.com.ph/1740634974-uitf-online-step-1-2.png)

**Step 2:** Watch the video to learn more about UITFs, then review and accept the investment disclosure agreement. 

![](https://web-assets.metrobank.com.ph/1740634975-uitf-online-step-2-1.png)

**Step 3:** Fill out the required customer information fields, review the data privacy policy, and click “Confirm.” 

![](https://web-assets.metrobank.com.ph/1740634973-uitf-online-step-3.png)

**Step 4:** Complete the Suitability Assessment Questionnaire and agree to the trustor/principal acknowledgment to view your risk profile. 

![](https://web-assets.metrobank.com.ph/1740634974-uitf-online-step-4-1.png)

![](https://web-assets.metrobank.com.ph/1740634974-uitf-online-step-4-2.png)

**Step 5:** Click “Open UITF” and select a settlement account for your investment. 

![](https://web-assets.metrobank.com.ph/1740634973-uitf-online-step-5-1.png)

![](https://web-assets.metrobank.com.ph/1740634974-uitf-online-step-5-2.png)

**Step 6:** Click “Invest” to get started.

![](https://web-assets.metrobank.com.ph/1740634974-uitf-online-step-6.png)

*Note: UITF online account opening is currently available to existing Metrobank solo / individual deposit account holders.*

Open a Unit Investment Trust Fund account in a few clicks with Metrobank Online.

How to open a UITF account on Metrobank Online

Transfer money, pay your bills, and top up your e-wallet using InstaPay and PESONet on Metrobank Online and the NEW Metrobank App.

InstaPay lets you do real-time transfers of up to PHP 50,000 daily. For PESONet, it’s up to PHP 200,000 with daily cut-off at 3 PM.

Click [here](/help#FAQ-Metrobank_Online-What_is_InstaPay) to learn more about the features of InstaPay and PESONet.

Watch below to learn how to send money to other banks using our channels.

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    /* padding-bottom: 62.5%; - 16:10 aspect ratio */
    /* padding-bottom: 75%; - 4:3 aspect ratio */
    padding-top: 30px;
    height: 0;
    overflow: hidden;
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**Metrobank Online and the NEW Metrobank App:**

<div class="iframe_container">
<iframe src="https://www.youtube.com/embed/DWN3jFV8V-E?enablejsapi=1" frameborder="0" allowfullscreen="allowfullscreen"> </iframe>
</div><br>
<details>
	<summary><font size="4"><b>Check the list of our InstaPay and PESONet partners on Metrobank Online and the NEW Metrobank App:</b></font></summary><br>
	
<table>
<thead>
  <tr>
    <th>Participant</th>
    <th>InstaPay</th>
    <th>PESONet</th>
  </tr>
</thead>
<tbody>
   <tr>
    <td>Al-Amanah Islamic Investment Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>ALLBANK, INC.</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>ALLBANK, INC.-QR</td>
    <td>✓</td>
    <td> </td>
  </tr>
  <tr>
    <td>ANZ</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Asenso/RB Guinobatan</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>AUB</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Bangko Kabayan Inc</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Bangkok Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Bank Nuestra Senora</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Bank of America</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Bank of China</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Bank of  Florida</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Bank of Makati</td>
    <td>-</td>
    <td>✓</td>
  </tr>
	 <tr>
    <td>BANGKO MABUHAY</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>BANKCOM</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>BanKo A Subs of BPI</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Bayad</td>
    <td>✓</td>
    <td>-</td>
  </tr> 
  <tr>
    <td>BDO Unibank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
	<tr>
    <td>BDO Network Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Binan Rural  Bank Inc</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>BPI / VYBE BY BPI</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Camalig Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Cantilan Bank Inc</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Card Bank Inc</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Card SME Bank</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Cathay United Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>CTBC BANK (PHILIPPINES) CORPORATION</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Cebuana Bank/ Ceb Ex</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Chinabank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Chinabank Savings</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>CIMB Bank Phils., Inc</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Citibank N.A.</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Coopbank of  Quezon</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Country  Builder Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>DBP</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Deutsche Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Dumaguete Bank -DCDB</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Dungganon Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>EastWest Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Entrepreneur Rural Bank Inc/Entrp</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Equicom Savings Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>First Consolidated B</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>GCash</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>GoTyme Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>GrabPay Philippines</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Guagua Rural Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>HSBC</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>HSBC Savings Bank Inc</td>
    <td>-</td>
    <td>-</td>
  </tr>
  <tr>
    <td>I-Remit/iCash</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Indl Com Bank China</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Industrial Bank of Korea</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Infoserve/Nationlink</td>
    <td>✓</td>
    <td>-</td>
  </tr>
	<tr>
    <td>INNOVATIVE BANK INC</td>
		<td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Isla Bank Inc</td>
    <td>-</td>
    <td>-</td>
  </tr>
  <tr>
    <td>ISLABANK</td>
    <td>✓</td>
    <td> </td>
  </tr>
  <tr>
    <td>JPMorgan Chase Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>KEBHana Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Komo / EW Rural Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Laguna Prestige Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Landbank / OFBank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Lazada Wallet</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Legazpi Savings Bank</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Lulu Financial Svcs</td>
    <td>-</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Malarayat Rural Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Malayan Savings Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Maya Bank Inc</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Maya Bank Inc-QR</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>MAYA PHILIPPINES INC./MAYA WALLET</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Maybank Phil Inc.</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Mega Intl Comml Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Metrobank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Mindanao Coopbank</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Mitsubishi UFJ Grp</td>
    <td>-</td>
    <td> </td>
  </tr>
  <tr>
    <td>Mizuho Bank Ltd.</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Money Mall RB Inc.</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>MVSM Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>NETBANK</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>New RB San Leonardo</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>OmniPay</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Pacific Ace Savings Bank</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>PalawanPay</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Partnerbank-Cotabato</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>PAYMONGO PAYMENTS INC</td>
    <td>✓</td>
    <td> </td>
  </tr>
  <tr>
    <td>PBCOM</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>PDAX</td>
    <td>✓</td>
    <td> </td>
  </tr>
  <tr>
    <td>Phil Business Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>PHILIPPINE TRUST COMPANY</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>PNB</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>PNB - QR</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Producers Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>PSBank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Queenbank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Quezon Capital Rural</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
		<tr>
    <td>RANG AY BANK INC</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>RB of Montalban Inc</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>RB of Rosario</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>RB of Sta. Ignacia</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>RBT Bank Inc</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>RCBC/Diskartech</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Robinsons Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Rural Bank Bacolod</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Rural Bank of Bauang</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Rural Bank of Digos</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Rural Bank of La Paz</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Rural Bank of Lebak</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Rural Bank of Porac</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Rural Bank of Sagay</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>SeaBank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Security Bank Corp</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Security Bank Corporation 2</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Shinhan Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>ShopeePay</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Speedypay/Emango Pay</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>STANDARD CHARTERED BANK</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
	  <tr>
    <td>STARPAY</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>Sterling Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Sumitomo Mitsui Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Sun Savings Bank</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>TayoCash</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Tonik Digital Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Tonik Digital Bank - QR</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>TraxionPay/DigiCOOP/CoopNET</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>UCPB Savings Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>UnionBank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>UNIONDIGITAL BANK</td>
    <td>✓</td>
    <td>-</td>
  </tr>
  <tr>
    <td>United Overseas Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Unobank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>USSC Money Services</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Veterans Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Wealth Dev Bank</td>
    <td>✓</td>
    <td>✓</td>
  </tr>
  <tr>
    <td>Yuanta Savings Bank</td>
    <td>-</td>
    <td>✓</td>
  </tr>
</tbody> 
	</table>
	
</details>

Check this list for merchants, utilities, and institutions that Metrobank is working with for InstaPay and PESONet transactions.

Metrobank list of InstaPay and PESONet partners

You no longer need to go to your branch of account to update details of your Metrobank Deposit account.

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1\. To update your mobile number or email address, visit Metrobank's official contact information updating platform [here](https://contactability.metrobank.com.ph). For successful requests, the turnaround time takes 48 to 96 hours.<br>

   Before using the platform, make sure you have:  
			• A mobile device with a camera<br>
			• A valid Philippine ID for submission<br>
			• A steady and secure internet connection<br>


2\. Once you receive confirmation that your contact details are updated, you can enjoy the benefits and features of Online Banking by signing up [here](https://onlinebanking.metrobank.com.ph/).

If you are already enrolled in our online banking channels, notifications and One-Time Passwords (OTPs) will be sent to your new number and/or email address.

Experience accessible, convenient, and secure banking with Metrobank.<br><br>

<b><u>Watch the video on how to update your Metrobank account contact details on the platform:</u></b>

<div class="ytembed">
<iframe width="560" height="315" src="https://www.youtube.com/embed/9IvylFnl6oA?enablejsapi=1" frameborder="0" allowfullscreen></iframe>
</div><br>

<details>
<summary>Click here for the Online Customer Updating FAQs:</summary>

**1. What is Metrobank’s Online Customer Updating platform?**<br><br>
    Online Customer Updating (OCU) is a platform that allows you to update your mobile number and email address with the bank without having to visit the branch.<br>

**2. How can I access the Online Customer Updating platform?**<br><br>
    You may access OCU by clicking the OCU link found on Metrobank’s official website.
<br> 
		Metrobank will not send the OCU link via email and SMS. If you receive a link through these channels, please report to the Metrobank Contact Center at (02) 88-700-700, 1-800-1888-5775, or email customercare@metrobank.com.ph using “Report on Possible Fraud” as the subject.
<br>

**3. What is electronic Know Your Customer?**<br><br>
    Electronic Know Your Customer (eKYC) is the process of validating a customer's identity through online technology. This replaces face-to-face KYC conducted in branches during customer information updating.<br>

**4. What happens in an eKYC?**<br><br>
    During eKYC, you are asked to upload a valid Philippine ID and undergo a liveness test through a selfie shot. The eKYC service provider then checks if the ID submitted is authentic, and if the person performing the contact updating process is the same person indicated on the ID.<br>
	
**5. Who is Metrobank’s eKYC provider?**<br><br>
		Metrobank’s eKYC provider is Zoloz.

**6. What customer information can I update online?**<br><br>
    Only your mobile number and/or your email address can be updated via OCU. OCU does not facilitate financial transactions and is not capable of activating or deactivating your access to Metrobank Online or the Metrobank App.<br>

**7. Who are qualified and not qualified to update their contact details?**<br><br>
    All existing account holders with an active account status can update their customer information.<br><br>
	The following account holders are <u>not allowed</u> to update their customer information:<br>
    • Corporate customers <br>
    • Individual customers with an “inactive” or “dormant” account status<br>

**8. What are the requirements for OCU?**<br><br>
    • Mobile device with a camera<br>
    • Valid Philippine ID (see no. 9 for the complete list)<br>
    • Steady and secure internet connection<br> 

**9. What are the accepted IDs?**<br><br>
	  • Passport<br>
    • Driver’s license<br>
		• Unified Multi-purpose Identification Card (UMID)<br>
		• SSS ID (PVC type)<br>
	  • National ID (Card Type)<br>

**10. What are the information that I need to provide online?**<br><br>
    You only need to provide your full name, date of birth, 13-digit account number, along with your old and new contact number and email address. To confirm contactability of your new mobile number or email address, you will be asked to provide a One-Time Password (OTP) during the online session to complete the process.<br><br>
	<u>_You will not be asked any other information during the online session aside from these._</u><br>

**11. Why do I need to provide my account number?**<br><br>
    Your account number is requested to validate account ownership.<br>

**12. Why do I need to provide an OTP?**<br><br>
   The OTP is required to ensure contactability of your new mobile number and/or email address. This also ensures that the owner of the account is in possession of the new contact information, which the bank is being asked to save.<br><br>
	There is a specific field on OCU where you will be asked to type your OTP.<br><br>
	The bank <u>**never**</u> asks for your OTP through phone call, email, SMS, or chat.<br>

**13. What account types are accepted?**<br><br>
     You can have your contact details updated using any of your 13-digit Savings, Checking, Debit or Prepaid account number. Paycard account number is not accepted.<br> 

**14. I want to change my contact number, but my active account is a joint account. Can I use this account number on OCU?**<br><br>
    Yes, you can update using your JOINT AND/JOINT OR account number. However, for JOINT AND/JOINT OR accounts, only one of the account holders at a time is allowed to update contact information.<br>

**15. How long will it take for the change request to be implemented after I use OCU?**<br><br>
	Turnaround time is at least <u>4 days</u>, depending on the result of the validation process on the information you submitted.<br>

**16. I also want to have my contact details changed for my Metrobank Online/Metrobank Mobile App access. How can I do this?**<br><br>
    If you are enrolled in Metrobank’s online banking channels and requested for an update via OCU, updates will take effect within seven (7) banking days. Until then, notifications and One-Time Passwords (OTPs) for online channels will be sent to your old mobile number or email address.<br>
	
**17. I don’t have access to Metrobank Online site or the Metrobank App yet. When can I enroll in these online banking platforms?**<br><br>
	You can enroll in the Metrobank Online site or app once you receive a notification via email or SMS that your request for contact details updating is successful.<br>

**18. How secure is OCU?**<br><br>
    • OCU can only be found and used within Metrobank’s official website<br>
    • All messages on OCU go through an encryption process<br>
    • OCU implements extensive validation, which includes a secure eKYC process<br>
    • Notifications on the contact detail update status are sent to you in real time<br>

**19. How do I know that I am not being phished to provide my information to fraudsters?**<br><br>
    OCU asks for a minimum number of customer information to help us verify account ownership (refer to no. 9 for the requirements). No other information will be asked aside from those listed in no. 9.<br><br>
	_OCU <u>never asks for or prompts you to perform financial transactions within the same platform.</u>_<br>

**20. Can I make financial transactions through OCU?**<br><br>
    No, OCU is a platform that only accepts customers’ request to change their mobile number and/or email address. If an online form that appears like OCU asks you to input information other than those listed in no. 9, or prompts you to make a financial transaction, disregard and report it immediately to the Metrobank Contact Center at (02) 88-700-700, 1-800-1888-5775. You may also email customercare@metrobank.com.ph using “Report on Possible Fraud” as the subject.<br>

**21. How can I know the status of my change request?**<br><br>
    OCU sends an email and/or SMS that contains a reference number and the status of your request, and any additional step that you may need to do to complete the request. To check the status of your change request, click the “check status” button on the OCU landing page and input your reference number.<br>

**22. What device types can be used for OCU?**<br><br>
    OCU is only accessible in mobile browser. If you accessed it using a laptop or computer, you will be redirected to a QR page. You will then need to scan the QR code using a mobile device to proceed with OCU.<br>

**23. If I visit a branch to update my contact information after submitting my request via OCU, what will happen to my online request?**<br><br>
    The branch request will be processed and the OCU request will be cancelled. You will receive a notification regarding the cancellation.<br>

**24. I received a notification that my OCU change request was unsuccessful but I am sure that I provided the correct information. What should I do?**<br><br>
    If your request was declined, you may submit a new contact update request through OCU or at any Metrobank branch.<br>

**25. How can I confirm that my mobile number or email address is updated in the bank’s records aside from the notifications sent by the bank?**<br><br>
    You may call or visit your branch of account to confirm the update.<br><br>

------------------------------------ 

</details>
	
If you wish to update your contact details at your branch of account, please download, print, and accomplish the [Customer Update Form.](https://web-assets.metrobank.com.ph/1739950697-contact-information-update-form.pdf) 

Make sure to bring a photo and signature-bearing valid ID. For payroll account holders, please bring your company ID.


You no longer need to go to your branch of account to update details of your Metrobank Deposit account. Update your Metrobank account contact details online.

Update your Metrobank account contact details online

Skip the long lines! You can now complete your tax payment at the BIR eFPS through Metrobank Online. Follow the steps for paying taxes online here. 

Pay your taxes online via BIR eFPS and Metrobank Online

Metropolitan Bank & Trust Company SEC Form 17-C (Current Reports) as submitted to the Securities and Exchange Commission.

**Audited Financial Statements**

[2024 Audited Financial Statements](https://web-assets.metrobank.com.ph/1740020217-2024-audited-financial-statements.pdf)

[2023 Audited Financial Statements](https://web-assets.metrobank.com.ph/1708676403-mbtc_sec17c_mda_afs123123_21february2024.pdf)

[2022 Audited Financial Statements](https://web-assets.metrobank.com.ph/1677131065-2022-audited-financial-statements.pdf)  

[2021 Audited Financial Statements](https://web-assets.metrobank.com.ph/1658112248-2021-audited-financial-statements.pdf)

[2020 Audited Financial Statements](https://web-assets.metrobank.com.ph/1658112028-2020-audited-financial-statements.pdf)

[2019 Audited Financial Statements](https://web-assets.metrobank.com.ph/1658111864-2019-audited-financial-statements.pdf)

[2018 Audited Financial Statements](https://web-assets.metrobank.com.ph/1658111681-2018-audited-financial-statements.pdf)

[2017 Audited Financial Statements](https://web-assets.metrobank.com.ph/1658109728-2017-audited-financial-statements.pdf)

[2016 Audited Financial Statements](https://web-assets.metrobank.com.ph/1658109491-2016-audited-financial-statements.pdf)

[2015 Audited Financial Statements](https://web-assets.metrobank.com.ph/1658109198-2015-audited-financial-statements.pdf)

**Other filings under SEC Form 17-C:** 

[February 19, 2025 - Metrobank posts record earnings of PHP 48.1B in 2024](https://web-assets.metrobank.com.ph/1740040566-sec-form-17-c-mbt-press-release-4q24_19-2-25vf.pdf)

[February 19, 2025 - Cash Dividend Declaration](https://web-assets.metrobank.com.ph/1740033152-sec-form-17-c-cash-div-declaration-2025-redacted.pdf)

[October 31, 2024 - Signing of Share Purchase Agreement Between First Metro Investment Corporation (FMIC) and MET Holdings, Inc.](https://web-assets.metrobank.com.ph/1730342133-sec-form-17-c-mbt_31-10-24-v3.pdf)

[October 30, 2024 - Clarification of News Report, "Wealth manager ATRAM shakes up industry with UnionBank, Metrobank deals in the works"](https://web-assets.metrobank.com.ph/1730341308-october-30-2024-clarification-of-news-reports.pdf)

[October 29, 2024 - Metrobank posts record net income in 9M24 amid robust loan growth](https://web-assets.metrobank.com.ph/1730194567-sec-form-17-c-mbt-press-release-3q24_28-10-24.pdf)

[August 20, 2024 - New Senior Officer Hiring](https://web-assets.metrobank.com.ph/1724209875-sec-form-17-c-hiring-of-new-senior-officer-karen-salve-lee-angeles-masked.pdf)

[August 20, 2024 - Fixing of Record and Payment Dates for 2nd Cash Dividend Payout](https://web-assets.metrobank.com.ph/1724208569-sec-form-17-c-fixing-of-record-and-payment-dates-for-the-2nd-payout-of-regular-cash-dividend-masked.pdf)

[August 1, 2024 - Metrobank delivers record income in 1st half 2024 as loan growth gains momentum](https://web-assets.metrobank.com.ph/1722480595-sec-form-17-c-mbt-press-release-2q24_31-07-24-v2.pdf)

[July 26, 2024 - Notice of Analysts/Investors' Briefing](https://web-assets.metrobank.com.ph/1721957065-pse-sec-form-17-c-mbt-notice-of-analyst-briefing-2q24_07-25-24.pdf)

[May 17, 2024 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1716344906-sec-form-17-c-mbt-change-in-officers-05-17-24.pdf)

[April 30, 2024 - Metrobank records 14% increase in net income to PHP12 billion in 1Q24](https://web-assets.metrobank.com.ph/1722481776-sec-form-17-c-mbt-press-release-1q24_30-04-24-vf.pdf)

[April 25, 2024 - Notice of Analysts/Investors' Briefing](https://web-assets.metrobank.com.ph/1714614566-pse-sec-form-17-c-mbt-notice-of-analyst-briefing-1q24_04-24-24.pdf)

[April 24, 2024 - Officer Promotions 2024](https://web-assets.metrobank.com.ph/1714638075-sec-form-17-c-officer-promotions-2024-masked.pdf)

[April 24, 2024 - Results Of 2024 MBTC Annual Stockholders' Meeting](https://web-assets.metrobank.com.ph/1714637827-sec-form-17-c-results-of-mbtc-asm-2024-masked.pdf)

[April 24, 2024 - Results of MBTC Organizational Meeting](https://web-assets.metrobank.com.ph/1714637310-sec-form-17-c-2024-results-of-mbtc-org-mtg-masked.pdf)

[February 29, 2024 - Update on Final Pricing Guidance for Res S USD-denominated Senior Unsecured Notes](https://web-assets.metrobank.com.ph/1709708190-sec-disclosure_02-28-24-updating-sec-17-c-02-23-24.pdf)

[February 29, 2024 - Metrobank raises landmark USD1 billion from international debt capital markets](https://web-assets.metrobank.com.ph/1709708195-sec-disclosure_02-29-24-press-release.pdf)

[February 29, 2024 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1709707628-sec-form-17-c-mbt-change-in-officers-2-29-24.pdf)

[February 26, 2024 - Approval to issue Reg S only USD-denominated Senior Unsecured Notes (the “Notes”) of 500 Million, with option to upsize](https://web-assets.metrobank.com.ph/1708946548-sec-form-17-c-mbt-bond-issuance_02-23-24-vf.pdf)

[February 22, 2024 - Metrobank books 29% increase in full-year net income in 2023](https://web-assets.metrobank.com.ph/1708676172-sec-form-17-c-mbt-press-release-4q23_21-02-24.pdf)

[February 21, 2024 - Cash Dividend Declaration](https://web-assets.metrobank.com.ph/1708657913-sec-form-17-c-cash-dividend-declaration.pdf)

[February 16, 2024 - Notice of Analysts/Investors' Briefing](https://web-assets.metrobank.com.ph/1708658317-pse-sec-form-17-c-mbt-notice-of-analyst-briefing-4q23_02-16-24.pdf)

[January 22, 2024 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1708659155-sec-form-17-c-mbt-change-in-officers-01-19-24.pdf)

[December 27, 2023 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1708659186-sec-form-17-c-mbt-change-in-officers-12-27-23.pdf)

[November 9, 2023 - Notice of Analysts/Investors' Briefing](https://web-assets.metrobank.com.ph/1699855616-pse-sec-form-17-c-mbt-notice-of-analyst-briefing-pse-star-11-09-23.pdf)

[October 27, 2023 - Metrobank reports its highest net income of PHP31.8B in 9M 2023, up by 36%.](https://web-assets.metrobank.com.ph/1698403771-sec-form-17-c-mbt-press-release-3q23_10-26-23.pdf)

[October 20, 2023 - Notice of Analysts/Investors' Briefing](https://web-assets.metrobank.com.ph/1698052613-pse-sec-form-17-c-mbt-notice-of-analyst-briefing-3q23_10-20-23.pdf)

[September 26, 2023 - Metrobank first to get three-peat Strongest Bank title from The Asian Banker](https://web-assets.metrobank.com.ph/1695697927-mbt-press-release-metrobank-strongest-bank-26-09-2023.pdf)

[August 24, 2023 - Fixing of Record and Payment Dates of 2nd Payout of Cash Dividends](https://web-assets.metrobank.com.ph/1692862372-sec-form-17-c-fixing-of-record-and-payment-dates-of-2nd-payout-of-cash-div.pdf)

[August 14, 2023 - Change in Corporate Address](https://web-assets.metrobank.com.ph/1692003654-sec-form-17-c-change-in-business-address-masked.pdf)

[August 2, 2023 - Metrobank sustains robust net income growth of 34% to PHP20.9 billion in 1st half 2023](https://web-assets.metrobank.com.ph/1690940313-sec-form-17-c-mbt-press-release-2q23_08-02-23.pdf)

[July 24, 2023 - Notice of Analysts/Investors' Briefing](https://web-assets.metrobank.com.ph/1690419939-pse-sec-form-17-c-mbt-notice-of-analyst-briefing-2q23_07-24-23.pdf)

[May 18, 2023 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1685344432-sec-form-17c-mbt-change-in-officers-05-18-23.pdf)

[May 16, 2023 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1685344426-sec-form-17c-mbt-change-in-officers-05-16-23.pdf)

[May 5, 2023 - Metrobank reports a solid net income growth of 31% to PHP10.5 billion in 1Q 2023](https://web-assets.metrobank.com.ph/1683684360-sec-form-17-c-mbt-press-release-1q23_05-04-23.pdf)

[May 2, 2023 - Notice of Analysts/Investors' Briefing](https://web-assets.metrobank.com.ph/1683006037-sec-form-17-c-mbt-notice-of-analyst-briefing-1q23_05-02-23.pdf)

[April 26, 2023 - Results of Organizational Meeting](https://web-assets.metrobank.com.ph/1683164949-sec-form-17-c-results-of-oganizational-meeting-april-26-2023.pdf)

[March 9, 2023 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1679470569-march-9-2023-change-in-directors-andor-officers.pdf)

[February 23, 2023 - Metrobank’s net income rises 48% to PHP32.8 billion in 2022](https://web-assets.metrobank.com.ph/1677131061-february-23-2023-metrobank-s-net-income-rises-48-to-php32-8-billion-in-2022.pdf)  

[February 22, 2023 - Declaration of Cash Dividend](https://web-assets.metrobank.com.ph/1677548381-sec-form-17-c-cash-dividend-declaration-masked.pdf)  

[February 22, 2023 - Appointment of Officer-Angelica S. Reyes- Head, Trust Banking Group](https://web-assets.metrobank.com.ph/1677548375-sec-form-17-c-appointment-of-tbg-head-masked.pdf)  

[February 22, 2023 - Notice of Analysts/Investors' Briefing](https://web-assets.metrobank.com.ph/1677131069-february-22-2023-notice-of-analysts_investors-briefing.pdf)  

[February 15, 2023 - Appointment of Officer-Aline A. Novilla](https://web-assets.metrobank.com.ph/1676525680-sec-form-17-c-appointment-of-officer-aanovilla.pdf)

[January 25, 2023 - Notice of 2023 ASM & Appointment of Officer](https://web-assets.metrobank.com.ph/1676424749-sec-form-17-c-notice-of-2023-asm-appointment-of-officer.pdf)

[December 28, 2022 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1673228054-december-28-2022-change-in-directors-and-or-officers.pdf)  

[December 19, 2022 - The Banker lauds Metrobank as the Bank of the Year for 2022](https://web-assets.metrobank.com.ph/1671763502-sec-form-17-c-mbt-press-release-bank-of-the-year_19-12-22.pdf)  

[December 15, 2022 - Change in Directors and/or Officers](https://web-assets.metrobank.com.ph/1671763517-december-15-2022-change-in-directors-and-or-officers.pdf)  

[November 28, 2022 - Metrobank gets back-to-back win as the ‘Strongest Bank in the Philippines’](https://web-assets.metrobank.com.ph/1670287751-redacted-sec-form-17-c-mbt-press-release-strongest-bank_28-11-22.pdf)

[November 4, 2022 - Metrobank records a 45% YOY growth in 9M22 net income.](https://web-assets.metrobank.com.ph/1667541353-sec-form-17-c-mbt-press-release-3q22_11-04-22.pdf)

[October 28, 2022 - Metrobank receives strong demand for its bond offer](https://web-assets.metrobank.com.ph/1667541347-sec-form-17-c-mbt-bond-issuance_10-28-22.pdf)

[October 25, 2022 - Notice of Analysts'/Investors' Briefing](https://web-assets.metrobank.com.ph/1667468030-sec-form-17-c-mbt-notice-of-analyst-briefing-3q22_10-25-22.pdf)

[October 14, 2022 - Metrobank shortens offer period due to strong demand](https://web-assets.metrobank.com.ph/1666079261-sec-form-17-c-mbt-bond-issuance_10-14-22.pdf)

[October 11, 2022 - Metrobank bags Asiamoney’s 2022 Best Corporate Bank Award](https://web-assets.metrobank.com.ph/1665652556-sec-form-17-c-mbt-press-release-best-bank_11-10-22.pdf)

[October 6, 2022 - Metrobank starts offer of minimum PHP 10 billion 5% fixed rate bonds](https://web-assets.metrobank.com.ph/1665652445-redacted-sec-form-17-c-mbt-bond-issuance_10-06-22.pdf)

[August 24, 2022 - Fixing of Record Date & Payment Date for 2nd Payout of Regular Cash Dividend](https://web-assets.metrobank.com.ph/1661493880-sec-form-17-c-fixing-of-record-and-payment-dates-for-the-2nd-payout-of-cash-dividends.pdf)

[August 2, 2022 - Press Release: Metrobank posts 33% growth in 1H22 net income; Records a 95% y-o-y increase in 2Q22 profit](https://web-assets.metrobank.com.ph/1659592292-sec-form-17-c-mbt-press-release-2q22_08-02-22.pdf)

[July 22, 2022 - Notice of Analysts'/Investors' Briefing](https://web-assets.metrobank.com.ph/1659602102-sec-form-17-c-mbt-notice-of-analyst-briefing-2q22_07-22-22.pdf)

[July 20, 2022 - Change in Officers-Nelson G. See, SVP](https://web-assets.metrobank.com.ph/1659595916-sec-form-17-c-change-in-officers-nelson-g-see.pdf)

[July 19, 2022 - Press Release: Metrobank named ‘Best Bank in the Philippines’ at the Euromoney Awards 2022](https://web-assets.metrobank.com.ph/1659928570-sec-form-17-c-mbt-press-release-best-bank_07-19-22.pdf)

[April 28, 2022 - Press Release: Metrobank 1Q net profit at P8.0 billion; higher loans with better asset quality](https://web-assets.metrobank.com.ph/1652153962-signed-sec-form-17-c-mbt-press-release-1q22_04-28-22.pdf)

[April 26, 2022 - Notice of Analysts'/Investors' Briefing](https://web-assets.metrobank.com.ph/1650955118-signed-sec-form-17-c-mbt-notice-of-analyst-briefing-1q22_04-26-22.pdf)

[February 23, 2022 -Cash Dividend Policy & Declaration of Cash Dividend](https://web-assets.metrobank.com.ph/1647832680-sec-17-c-cash-dividend-policy-and-cash-div-declaration-02-24-2022.pdf)

[January 19, 2022 – Notice of Annual Stockholders’ Meeting](https://web-assets.metrobank.com.ph/1643092148-sec-form-17-c-notice-of-asm-01192022.pdf)

[October 21, 2021 - Extension on replacement of Dir. EAGo](https://web-assets.metrobank.com.ph/1636437021-sec-17-c-extension-for-replacement-of-director-eago.pdf)

[October 13, 2021 - Change in Directors](https://web-assets.metrobank.com.ph/1636437006-sec-17-c-change-in-directors-or-officers.pdf)

[January 17, 2021 – Notice of Annual Stockholders’ Meeting](https://web-assets.metrobank.com.ph/1623412244-sec-17-c-notice-of-asm-and-appointment-of-officer.pdf)


[February 17, 2021 – SEC 17-C Declaration of Special and Regular Cash Dividend](https://web-assets.metrobank.com.ph/1623412294-sec17c-cash-dividend-declaration.pdf)


[February 17, 2021 - Declaration of Special Cash Dividend](https://web-assets.metrobank.com.ph/1623412361-declaration-of-special-cash-dividends.pdf)


[February 17, 2021 - Declaration of Regular Cash Dividend](https://web-assets.metrobank.com.ph/1623412556-declaration-of-cash-dividends.pdf)


[May 12, 2020 – BSP Approval on Php 25Bio Long Term Negotiable Certificates of Time Deposits (LTNCD)](https://web-assets.metrobank.com.ph/1622093405-may-12-2020-bsp-approval-on-php-25bio-ltncd.pdf)


[March 31, 2020 – Postponement of Annual Stockholders’ Meeting](https://edge.pse.com.ph/openDiscViewer.do?edge_no=960a5f5ed59736a00de8473cebbd6407)

[February 20, 2020 - Declaration of 5% Cash Dividend](https://web-assets.metrobank.com.ph/1623412871-2020-declaration-of-cash-dividend.pdf)


[Oct. 7, 2019 – Change in Corporate Contact Details and/or Website
](https://web-assets.metrobank.com.ph/1632740405-oct-7-2019-change-in-corporate-contact-details-and-or-website.pdf)

[Sep. 19, 2019 ¬– Php 25Bio Long Term Negotiable Certificates of Time Deposits (LTNCD)
](https://web-assets.metrobank.com.ph/1632740408-sep-19-2019-php-25bio-long-term-negotiable-certificates-of-time-deposits-ltncd.pdf)

[Jun. 26, 2019 – Amend-1 - Clarification of News Report, "Bank creditors convert Hanjin exposure to equity"](https://web-assets.metrobank.com.ph/1632740400-jun-26-2019-amend-1-clarification-of-news-report-bank-creditors-convert-hanjin-exposure-to-equity.pdf)

[Jun. 26, 2019 – Clarification of News Report, "Bank creditors convert Hanjin exposure to equity"
](https://web-assets.metrobank.com.ph/1632740403-jun-26-2019-clarification-of-news-report-bank-creditors-convert-hanjin-exposure-to-equity.pdf)

[Apr. 25, 2019 – Board of Directors Approves Merger and Consolidation of Metrobank Card Corporation
](https://web-assets.metrobank.com.ph/1632740380-apr-25-2019-board-of-directors-approves-merger-and-consolidation-of-metrobank-card-corporation.pdf)

[Apr. 25, 2019 – Amend-2- Declaration of Stock Dividends](https://web-assets.metrobank.com.ph/1632740377-apr-25-2019-amend-2-declaration-of-stock-dividends.pdf)

[Apr. 1, 2019 – Change in Directors and/or Officers (Resignation, Removal or Appointment, Election and/or Promotion)](https://web-assets.metrobank.com.ph/1632740372-apr-1-2019-change-in-directors-and-or-officers-resignation-removal-or-appointment-election-and-or-promotion.pdf)

[Feb. 14, 2019 – Call Option on the PHP 16 Billion Subordinated Debt
](https://web-assets.metrobank.com.ph/1632740390-feb-14-2019-call-option-on-the-php-16-billion-subordinated-debt.pdf)

[Feb. 14, 2019 – Amend-1 - Declaration of Stock Dividends](https://web-assets.metrobank.com.ph/1632740385-feb-14-2019-amend-1-declaration-of-stock-dividends.pdf)

[Feb. 14, 2019 – Declaration of Stock Dividends
](https://web-assets.metrobank.com.ph/1632740395-feb-14-2019-declaration-of-stock-dividends.pdf)

[Feb. 14, 2019 – Declaration of Cash Dividends](https://web-assets.metrobank.com.ph/1632740392-feb-14-2019-declaration-of-cash-dividends.pdf)

[Feb, 14, 2019 – Amendments to Articles of Incorporation](https://web-assets.metrobank.com.ph/1632740382-feb-14-2019-amendments-to-articles-of-incorporation.pdf)

[Jan. 15, 2019 – Clarification of News Report, "Banks’ Hanjin exposure credit negative – Moody’s"
](https://web-assets.metrobank.com.ph/1632740397-jan-15-2019-clarification-of-news-report-banks-hanjin-exposure-credit-negative-moodys.pdf)


Metropolitan Bank & Trust Company SEC Form 17-C (Current Reports) as submitted to the Securities and Exchange Commission.

Metrobank SEC Form 17-C (Current Reports)

Metropolitan Bank & Trust Co. Statements of Condition as submitted to the Securities and Exchange Commission (SEC).

**2024**
<br>[Statement of Condition For The Quarter Ended December 31, 2024](https://web-assets.metrobank.com.ph/1740021244-published-balance-sheet-consolidated-balance-sheet-as-of-december-31-2024_for-uploading.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2024](https://web-assets.metrobank.com.ph/1732000661-published-balance-sheet-consolidated-balance-sheet-as-of-september-30-2024_for-uploading.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2024](https://web-assets.metrobank.com.ph/1724132339-published-balance-sheet-consolidated-balance-sheet-as-of-june-30-2024.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2024](https://web-assets.metrobank.com.ph/1716344889-published-balance-sheet-consolidated-balance-sheet-as-of-march-31-2024_for-uploading.pdf)


**2023**
<br>[Statement of Condition For The Quarter Ended December 31, 2023](https://web-assets.metrobank.com.ph/1708397754-published-balance-sheet-consolidated-balance-sheet-as-of-december-31-2023_for-uploading.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2023](https://web-assets.metrobank.com.ph/1700701752-published-balance-sheet-and-consolidated-balance-sheet-as-of-september-30-2023_for-uploading.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2023](https://web-assets.metrobank.com.ph/1692861590-published-balance-sheet-consolidated-balance-sheet-as-of-june-30-2023.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2023](https://web-assets.metrobank.com.ph/1683279978-published-balance-sheet-consolidated-balance-sheet-as-of-march-31-2023.pdf)


**2022**
<br>[Statement of Condition For The Quarter Ended December 31, 2022](https://web-assets.metrobank.com.ph/1675645457-published-balance-sheet-consolidated-balance-sheet-as-of-december-31-2022.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2022](https://web-assets.metrobank.com.ph/1670220119-published-balance-sheet-consolidated-balance-sheet-as-of-september-30-2022.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2022](https://web-assets.metrobank.com.ph/1659589360-published-balance-sheet-consolidated-balance-sheet-as-of-june-30-2022.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2022](https://web-assets.metrobank.com.ph/1651219097-published-balance-sheet-consolidated-balance-sheet-as-of-march-31-2022.pdf)


**2021**
<br>[Statement of Condition For The Quarter Ended December 31, 2021](https://web-assets.metrobank.com.ph/1645691718-soc-for-the-quarter-ended-12-31-2021.pdf)
<br>[Statement of Condition For the Quarter Ended September 30, 2021](https://web-assets.metrobank.com.ph/1635993981-soc-for-the-quarter-ended-9-30-2021.pdf)
<br>[Statement of Condition For the Quarter Ended June 30, 2021](https://web-assets.metrobank.com.ph/1628042363-soc-for-the-quarter-ended-6-30-2021.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2021](https://web-assets.metrobank.com.ph/1623650339-soc-for-the-quarter-ended-3-31-2021.pdf)


**2020**
<br>[Statement of Condition For The Quarter Ended December 31, 2020](https://web-assets.metrobank.com.ph/1623650362-soc-for-the-quarter-ended-12-31-2020.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2020](https://web-assets.metrobank.com.ph/1623650390-soc-for-the-quarter-ended-8302020.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2020](https://web-assets.metrobank.com.ph/1623650413-soc-for-the-quarter-ended-6-30-2020.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2020](https://web-assets.metrobank.com.ph/1606468274-soc-for-the-quarter-ended-3-31-2020.pdf)


**2019**
<br>[Statement of Condition For The Quarter Ended December 31, 2019](https://web-assets.metrobank.com.ph/1606468376-soc-for-the-quarter-ended-12-31-2019.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2019](https://web-assets.metrobank.com.ph/1623650556-soc-for-the-quarter-ended-9-30-2019.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2019](https://web-assets.metrobank.com.ph/1632747264-soc-for-the-quarter-ended-06-30-2019.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2019](https://web-assets.metrobank.com.ph/1623650580-soc-for-the-quarter-ended-3-31-2019.pdf)

**2018**
<br>[Statement of Condition For The Quarter Ended December 31, 2018](https://web-assets.metrobank.com.ph/1632747318-soc-for-the-quarter-ended-12-31-2018.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2018](https://web-assets.metrobank.com.ph/1632747292-soc-for-the-quarter-ended-09-30-2018.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2018](https://web-assets.metrobank.com.ph/1632747257-soc-for-the-quarter-ended-06-30-2018.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2018](https://web-assets.metrobank.com.ph/1606468232-soc-for-the-quarter-ended-3-31-2018.pdf)

**2017**<br/>
<br>[Statement of Condition For The Quarter Ended December 31, 2017](https://web-assets.metrobank.com.ph/1632749495-soc-for-the-quarter-ended-12-31-2017.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2017](https://web-assets.metrobank.com.ph/1632749035-soc-for-the-quarter-ended-09-30-2017.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2017](https://web-assets.metrobank.com.ph/1632747243-soc-for-the-quarter-ended-06-30-2017.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2017](https://web-assets.metrobank.com.ph/1632747226-soc-for-the-quarter-ended-03-31-2017.pdf)

**2016**
<br>[Statement of Condition For The Quarter Ended December 31, 2016](https://web-assets.metrobank.com.ph/1632747304-soc-for-the-quarter-ended-12-31-2016.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2016](https://web-assets.metrobank.com.ph/1632747287-soc-for-the-quarter-ended-09-30-2016.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2016](https://web-assets.metrobank.com.ph/1632747236-soc-for-the-quarter-ended-06-30-2016.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2016](https://web-assets.metrobank.com.ph/1632747199-soc-for-the-quarter-ended-03-31-2016.pdf)

**2015**
<br>[Statement of Condition For The Quarter Ended December 31, 2015](https://web-assets.metrobank.com.ph/1632747296-soc-for-the-quarter-ended-12-31-2015.pdf)
<br>[Statement of Condition For The Quarter Ended September 30, 2015](https://web-assets.metrobank.com.ph/1632747273-soc-for-the-quarter-ended-09-30-2015.pdf)
<br>[Statement of Condition For The Quarter Ended June 30, 2015](https://web-assets.metrobank.com.ph/1632747231-soc-for-the-quarter-ended-06-30-2015.pdf)
<br>[Statement of Condition For The Quarter Ended March 31, 2015](https://web-assets.metrobank.com.ph/1632747171-for-the-quarter-ended-03-31-2015.pdf)

Metropolitan Bank & Trust Co. Statements of Condition as submitted to the Securities and Exchange Commission (SEC). 

Quarterly Statements of Condition

Metropolitan Bank & Trust Co. Statements of Condition as submitted to the Bangko Sentral ng Pilipinas (BSP).

**2024**

[Statement of Condition For The Quarter Ended December 31, 2024](https://web-assets.metrobank.com.ph/1739927017-statement-of-condition-for-the-quarter-ended-december-31-2024.pdf)  
Posted on February 20, 2025

[Statement of Condition For The Quarter Ended September 30, 2024](https://web-assets.metrobank.com.ph/1731911138-soc-a4_3q_2024.pdf)  
Posted on November 19, 2024 

[Statement of Condition For The Quarter Ended June 30, 2024](https://web-assets.metrobank.com.ph/1723518911-statement-of-condition-for-the-quarter-ended-june-30-2024.pdf)  
Posted on August 20, 2024 

[Statement of Condition For The Quarter Ended March 31, 2024](https://web-assets.metrobank.com.ph/1716268398-metrobank-statement-of-condition-for-the-quarter-ended-march-31-2024.pdf)  
Posted on May 22, 2024 

Metropolitan Bank & Trust Co. Statements of Condition as submitted to the Bangko Sentral ng Pilipinas (BSP).

Metrobank BSP Statements of Condition

Go to the Metrobank branch of your account to have your customer information updated.

Make sure to bring a photo and signature-bearing valid ID. For payroll account holders, please bring your company ID.

You may download, print, and accomplish the [Customer Update Form](https://web-assets.metrobank.com.ph/1739950697-contact-information-update-form.pdf) before visiting the branch.

---
_<font size="2">CUSTOMER ADVISORY: For your security, Metrobank will NEVER call you to ask for your bank details. You must initiate the contact with Metrobank to make transactions. If you think you are a victim of fraud, contact us at (02) 88-700-700. </font>_


Keep your contact details with us up-to-date to receive latest updates, important advisories and to make the most out of Metrobank online banking.

Update your Customer Information

Starting April 8, 2025, Metrobank will no longer offer USD or 3rd Currency Demand Drafts.  

This update may affect your transactions and we encourage you to explore our other payment and transfer services. 

To discuss your options, please contact your Metrobank branch. 

Starting April 8, 2025, Metrobank will no longer offer USD or 3rd Currency Demand Drafts.

Important changes to Foreign Currency Demand Drafts

One of the most essential life lessons you can teach your kids is about saving money. It’s not something that is taught in school, so it’s up to you to help your children learn about the value of money.

## Why is it important to teach kids about money? 

Teaching kids about money is key in preparing them to manage their finances effectively. According to financial advisers, it's possible to help children learn about the concept of saving money as early as six or seven years old. This is the time when kids start going to school and learn that money can help them buy small items from a convenience store. 

Since financial habits are often formed by age seven, early education helps children develop confidence and competence in handling money. By understanding concepts like earning, saving, and budgeting, kids can make better financial choices as they grow. Discussing money openly helps normalize financial conversations and teaches them to prioritize spending between needs and wants. Instilling good money habits early on can prevent future debt issues and promote economic independence, ultimately setting children up for a secure financial future.

The best time to start this habit is during the holiday season when the children start receiving their Christmas Aguinaldo – gifts in the form of cash – from grandparents, aunts, uncles, ninongs, and ninangs.

Over time, these gifts can become substantial when you include other events throughout the year. Your children will most likely get money gifts or angpao during Chinese New Year, birthdays, grading periods, and their graduation or moving up.

It’s also never too early to prepare for their future by opening a [savings account](/accounts/savings) for your children to start teaching them the value of money.

Here are more ways to get started on your lessons of saving for your children. 

## Tips on teaching kids how to save money 

1. **Start with a piggy bank** 

	Once the children start collecting their money, provide them with their piggy bank, where they can put in their cash gifts, coins, and small paper bills. You can either wait to open it until it gets full or agree on a date to break it open. Then, you can schedule a visit to the bank and help your children open their bank account.

	*Teachable moment*: Money can grow if you save some regularly. Before going to Metrobank, break open the piggy bank, count the money, and start teaching them the basics of interest and the [importance of the time value of money](/articles/learn/time-value-of-money). 
	
2. **Use a savings jar** 

	A transparent savings jar is popular among kids if they’re doing a project or have specific goals set. Your kids might ask you to buy dolls, cars, or action figures. This is a perfect time to begin teaching them the difference between wants and needs and the value of earning and saving money for something they want.
If your children get a regular allowance, teach them to put some of their money in the savings jar. Label the jar with the name of their goal. Once you’ve reached your target amount, you can reward your child with a visit to the toy store to make the purchase.   
	*Teachable moment:* Teaching them how to set goals helps them learn the value of patience and persistence and the reward of buying something they’ve worked for. As your children get older, you can set bigger financial goals. 

3. **Make a savings timeline** 

	It’s good to keep track of what your kids are saving through a savings time chart, allowing them to track their money. Introduce the concept of budgeting when you will enable them to spend some of their money saved. Use the time chart to mark dates and targets. That budgeted money is free for them to spend as they choose, for as long as it’s not paid earlier than agreed upon.

	*Teachable moment:* Budgeting teaches them the idea of spending money for a want or a need while still having extra to save for the future. 

## Savings lessons as the kids grow older 

Savings jars and piggy banks are not the only ways to teach your children about money. As they grow older, you can introduce other lessons along the way.

Start them young! 

It takes little steps to teach the concept of saving early, budgeting, and learning how to spend money wisely. It’s never too soon to start a children’s savings account.

Jumpstart your kids’ [savings accounts](/accounts/savings) with Metrobank’s Fun Savers Club, a savings account you can open with an initial deposit of PHP 100. The account has a maintaining balance of PHP 500, a Minimum to Earn Interest of PHP 4,000 and an [interest rate of 0.0625 percent per annum](/articles/casa-rates-update).

You may also check out the website to enroll your children’s accounts on our online channels. With [Metrobank Online](/services/mb-online) or the [Metrobank Mobile App](/services/mb-app), you can regularly and easily view your [Fun Savers Club Savings accounts](/accounts/savings/fun-savers-club-savings-account). 

You want to help your children get started on the habit of saving and budgeting money? It’s easier than you think – and it’s important to start now.

Teaching your kids how to start saving

Investing can be confusing, especially for first-time investors. If you’re not careful about choosing your [investments](/articles/learn/finding-the-right-investment), you could be wasting your time and, more importantly, your hard-earned money. 

But what are the things you have to consider when investing?

First, you need to know what your risk tolerance is. 

## What is risk tolerance? 

Risk tolerance refers to how much risk you are willing to take when investing.

Knowing your risk tolerance level will help you build your investment portfolio and make better investment decisions. By aligning your portfolio with your comfort level regarding risk, you can create a strategy that aims for growth and minimizes stress during market fluctuations. This self-awareness enables you to choose investments that match your financial goals and time horizon, ultimately leading to a more effective and personalized investment approach. 

## Why is it important to understand risk tolerance when investing?  

Understanding risk tolerance is important when investing because it helps determine how much volatility and potential loss you can comfortably endure in your investment portfolio. Your risk tolerance influences the types of investments you choose, ensuring that your strategy aligns with your financial goals and emotional resilience.

Investors with a higher risk tolerance may opt for aggressive assets like stocks, which can yield higher returns but also have greater fluctuations. Conversely, those with a lower risk tolerance might prefer safer investments like bonds or money market funds to preserve their capital. By accurately assessing your risk tolerance, you can create a balanced investment strategy that minimizes stress and maximizes the potential for achieving your financial objectives. 

## Factors that influence risk tolerance 

The following factors determine the level of risk an investor can afford to take.

* *Timeline.* Every investor follows their time horizon based on their investment plans. Typically, you can take more risks if there is more time involved. If you need X money quickly, you generally go for a low-risk investment to safeguard your capital and ensure that your funds are available when needed. This alignment between your investment strategy and time horizon is important for effectively managing risk and achieving your financial goals.  
* *Goals.* Each person has a unique financial goal. To achieve this goal, you need to follow a certain investment strategy designed to deliver such returns. Whether investing for your retirement or simply seeking to preserve your capital, your strategy should align with your risk tolerance and time horizon. Every investment strategy comes with its own set of risks that you need to consider, making it essential to choose options that not only help you grow your retirement savings but also fit your comfort level regarding potential market fluctuations.  
* *Age.* Young individuals are generally keener to take risks compared to older investors. This is because younger investors have the time and capability to make more money and weather out market changes. While this is the common trend, risk tolerance varies regardless of age.  
* *Comfort level.* Each investor handles risks differently. Some investors are more drawn to risks, seeking higher potential returns through aggressive investment strategies, while others tend to veer away from risks, prioritizing capital preservation and stability. This divergence in risk tolerance shapes their investment choices and strategies, influencing everything from asset allocation to the types of investment vehicles they prefer.  

## Types of risk tolerance 

Risk tolerance is usually classified into three main types based on how much risk an investor can take.

**Aggressive** 

Investors with an aggressive risk tolerance understand the market well and are not afraid of taking huge risks. These types of investors are experienced and familiar with large upward and downward movements in their portfolio. They have a long investment horizon and are willing to stay invested for a long time (at least 5 years).

While some aggressive investors have money to spare, there are some who have small capital to invest. A [Unit Investment Trust Fund (UITF) in the Philippines](/investments/uitf) makes investing in aggressive and more sophisticated funds affordable to the retail market. What a [UITF](/articles/learn/invest-in-uitf) does is it invests in diversified portfolios managed by professionals, making it accessible for retail investors with lower capital available. With low minimum investments and options catering to different risk tolerances, UITFs provide a practical way to grow wealth and engage with the financial markets, even for those with limited capital.

**Moderate** 

Moderate risk investors are more wary when it comes to making investments compared to aggressive risk investors. They choose the risks they take and typically set a percentage of losses they can handle.

Moderate risk investors earn smaller gains than aggressive risk investors and do not suffer as badly if the market crashes. This balanced approach allows them to seek growth while maintaining a level of protection against significant market volatility, making it a suitable strategy for those who want to participate in the market without exposing themselves to excessive risk. 
 
**Conservative**  

Conservative risk investors take the least amount of risk among the three types. They invest in options that feel safe and prioritize market stability and investment liquidity over making a considerable amount or higher gains. Money market funds are a popular choice for conservative investors. What [money market funds](/articles/learn/money-market-fund) do is offer low risk and high liquidity, allowing for capital preservation while providing modest returns. Additionally, these investors often opt for other secure investments like bank certificates of deposit (CDs) and government securities to further safeguard their capital.

## Invest accordingly 

Finding out your risk tolerance will help you decide where to invest. They serve as a good starting point for the investments you should look out for. If you still aren’t sure what your risk tolerance is, don’t worry. Before investing (e.g., in UITFs), you will undergo a client suitability assessment at Metrobank in order to determine your risk.

Metrobank has multiple investment products suited for various risk tolerance types. Start investing with Metrobank today! 

A lot of factors can affect what you choose to invest in. One of these is your financial risk tolerance. Find out what this means here.

What you need to know about risk tolerance

Car owners in the Philippines eventually reach a point when they are faced with an important decision: to upgrade or not? If driving has become a part of your daily life, it is important that you know when to change your car or even get a second one.

## What to watch out for 

A car is one of the most significant investments you'll ever make, so spending your money wisely is essential. If you're considering whether it's time to upgrade your daily driver, here are some key signs to look out for:

* The car is no longer safe to drive. 
* The costs to repair and maintain the car exceeds its current value. 
* There is a frequent need for repair and maintenance. 
* The fuel tank drains too quickly. 
* The car no longer fits your lifestyle. 

A quick rundown through these signs will help you decide whether to replace your old ride. Due to road safety concerns, just one of the abovementioned reasons is enough to justify an upgrade.

## Choosing between buying brand new vs. secondhand car 

While the usual passenger vehicles are built to last 200,000 miles or more, the longevity of a car often depends on how well it is taken care of.

A quick Google search will tell you that the average car lifespan is around 12 years. Again, relative to mileage and wear-and-tear, a car owner can always extend the life of a vehicle past the average. However, the usual signs of an aging vehicle will gradually surface.

After making the important decision of upgrading, the next thing to think of is what type of car to buy, and if it’s worth buying a brand new one vs. buying a used one. With the increasing costs of brand-new car prices, looking at secondhand cars can seem like a better deal.

Here are the factors for comparison when choosing between a brand-new vs secondhand car: 
 
**Price point or total cost** 

When [choosing your investment](/articles/learn/finding-the-right-investment), it’ll be good to know that secondhand or bank-repossessed cars have the advantage in price. For example, getting a secondhand Toyota Wigo can save you around PHP 220,000 to 250,000.

However, if you decide to buy secondhand, you must practice due diligence to ensure you’re getting the best value for your money.

Request for a history check on the secondhand or repossessed car to see if there’s any likelihood of recurring car trouble. After all, you wouldn’t want to end up paying for costly repairs that would rival the costs of a brand-new car.

If you can afford a [car loan in the Philippines](/loans/car-loan), going brand new can still be a cost-effective option, especially since you get a three to five-year service and maintenance warranty. This guarantees your new car is kept at brand new quality for a long time. With the current car loan interest rates for a brand-new car, a car loan allows you to enjoy all the benefits that come with peace of mind.

You can apply for a [Metrobank Car Loan](/loans/car-loan) today and start making more meaningful journeys. 

**Condition, maintenance, and repairs** 

In the same way, secondhand cars have the advantage over brand new cars, it’s the latter has the edge when it comes to vehicle condition. Secondhand cars also come with a warranty, providing you with peace of mind.

With secondhand cars, you aren’t fully aware of what that vehicle has gone through. It might cost you more in maintenance and repairs. 

**Convenience and ease of purchase** 

If you’re the type of person who doesn’t like getting inconvenienced, then buying brand new is for you. With the fast turnaround times in securing bank approvals and car loans, you can enjoy a streamlined process that guarantees added security and peace of mind.

While established secondhand car dealerships also have bank partnerships, the usual installment payment schemes when buying brand new make this option more attractive.

For example, when buying a brand-new Toyota Vios 2022 1.3 Base M/T (selling price PHP 599,000.00), you can make a 20% down payment and secure bank approval to pay PHP 10,141.00 a month for the next five years. 

**Value and depreciation** 

If you intend to regularly buy and sell vehicles, getting a secondhand car is the better option in terms of value and depreciation.

The first owner has suffered the most from the drop in value, as he’ll be selling a vehicle in perfect working condition at a considerably lower price. The moment you get your brand-new car, its value depreciates already. 

## So, when is the right time to upgrade your car? 

Given the telltale signs of wear and tear, you already know that replacing your car is for your safety.

You will likely turn to your finances when deciding whether to buy a brand-new or secondhand cars. How much does your budget permit? Will you have to sell your old car to buy a new one? Are you financially ready for an upgrade?

If you can afford the monthly payments and want all the benefits of being the first owner, buying a brand new through a car loan is a cost-effective option. With manageable payment terms and competitive rates, Metrobank’s Car Loan can provide the key to your dream car.

On the other hand, buying a secondhand or repossessed car can still be a good option if you prefer to pay in a lump sum and your risk tolerance is higher than average. It is also more budget-friendly. Feel free to visit Metrobank’s repossessed vehicles for sale and upgrade your daily driver today.

To ensure financial security, the best time to upgrade your car is when you already have an emergency fund, life savings, and some room to invest.

To ensure you’re financially secure, the best time to upgrade your car is when you already have an emergency fund, life savings, and some room to invest. Regardless of what you decide between a secondhand car vs. a brand-new car, it's wise to consider getting [non-life insurance](/insurance/non-life) for your new vehicle. This type of insurance protects your investment against accidents and damages and provides peace of mind as you navigate the responsibilities of car ownership. With financial stability and adequate insurance coverage, you can enjoy your new ride with confidence and security. 

Open a savings account at Metrobank or get a [Metrobank Car Loan](/loans/car-loan) today!

When deciding to buy a second car, which is a better option: to buy brand new or go with secondhand or bank-repossessed cars? Read on for more.

On knowing when to change cars, car loans, and choosing between brand-new or secondhand

Improving your finances involves more than just creating goals and setting budgets. While these are essential in your journey to financial independence, they shouldn’t be the first step on your list.

Instead, you should start by improving your money mindset. Let’s talk about what a money mindset is and why it matters. 

## What is a money mindset? 

A money mindset is more than just having [good money habits](/articles/learn/right-vs-wrong-money-habits). It is about a person’s unique beliefs and attitudes about money.

Several factors can affect your money mindset: your environment, family, friends, media, etc. It affects how you set financial goals for yourself and determines how you manage your money.

For example, if your outlook on money is that it's always not enough, or you think that you can never achieve your money goals, then you are setting yourself up for failure. To achieve your money goals, you need to adjust your money mindset for the better.

Individuals with a money-making mindset tend to have characteristics such as: 

* Seeing money as a tool they can use to accomplish their goals and aspirations 
* Refraining from comparing themselves to others or worrying about what others have 
* Understanding that their financial goals are attainable with a realistic and specific plan 
* Knowing how to spend money wisely, prioritizing investments that align with their values and long-term objectives 

## Why is a positive money mindset important?  

A positive money mindset is vital because it influences your financial decisions and behaviors, leading to better outcomes in wealth creation and financial stability. It can significantly impact your emotional well-being, reducing stress and anxiety related to finances. By cultivating a healthy relationship with money through reflection, goal setting, and education, you can enhance your financial success and overall quality of life. 

## How does a positive money mindset factor into one’s finances? 

A positive money mindset significantly influences one's financial health and overall well-being. Here are key ways it factors into finances:

**Empowerment and perspective** 

* *Viewing money as a tool.* Individuals with a positive money mindset see money as a tool to achieve their goals rather than a source of stress. This perspective allows them to harness money for personal growth and fulfillment, promoting a healthier relationship with finances.
* *Abundance mentality.* Embracing an abundance mentality helps individuals focus on opportunities for wealth creation, rather than limitations. This shift encourages proactive financial behaviors, such as investing in education and experiences that align with their values. 

**Behavioral influence** 

* *Decision-making.* Positive thoughts about money can lead to better financial decisions, including how to pick investments. For instance, individuals who believe in their ability to manage finances are more likely to set and pursue realistic financial goals. This confidence not only enhances their financial stability but also empowers them to make informed choices when selecting investments that align with their objectives and risk tolerance. 
* *Budgeting with joy.* A positive mindset allows individuals to approach budgeting not as a restrictive measure but as a means to create happiness. By aligning spending with personal values, they can enjoy guilt-free purchases while maintaining financial discipline. 

**Overcoming limiting beliefs** 

* *Challenging negative thoughts.* A positive money mindset involves recognizing and reframing limiting beliefs about money. By overcoming thoughts that associate money with negativity or scarcity, individuals can adopt more empowering beliefs that facilitate financial growth.
* *Emotional well-being.* Understanding the emotional aspects of money can reduce anxiety related to finances. Regularly practicing gratitude for current resources can shift focus from what is lacking to what is available, fostering a sense of security and contentment. 

**Long-term financial success**  

* *Setting clear goals.* A positive money mindset fosters the establishment of clear financial goals, which serve as a source of direction and motivation. For instance, you might set a goal to purchase [life insurance](/insurance/life) in the Philippines, recognizing it as a vital step in safeguarding your family's financial future. This proactive approach not only helps you prioritize your financial decisions but also instills confidence in your ability to navigate the complexities of insurance options. By focusing on this goal, you can take meaningful steps toward ensuring that your loved ones are protected, ultimately contributing to your overall financial well-being and peace of mind.  
* *Resilience in challenges.* Those with a positive money mindset are more resilient in the face of financial setbacks. They view challenges as opportunities for learning and growth, which can lead to better long-term outcomes. 

## How do you change your money mindset? 

The first and often overlooked step when learning how to change one’s mindset about money is introspection. It involves exploring and adjusting your money mindset. You need to reflect on how you perceive money and why it might have kept you from reaching your financial goals.

Adjusting and changing your money mindset takes time. It might take years, if not decades.

While changing your money mindset from a negative to a positive one won’t happen overnight, you can make minor tweaks to help you move towards a healthier and more positive outlook. 

* *Make a commitment to financial stability.* If you want to change your money mindset, start by ensuring that you are committed to your financial goals. You have to be 100% ready to stick with your financial plans and trust that you can achieve them. 
* *Note that financial goals will vary from person to person and may not always include financial stability.* Some may want to become a millionaire by 30, while others may focus on sending their siblings to school or raising a family. Additionally, some may choose to invest in fixed-income securities to achieve their financial objectives, providing a steady stream of income while working towards their unique aspirations.  
* *Practice money affirmations.* Money affirmations can be many things: visualizing how your finances could improve, thinking about how to properly manage your money and save even a little, or imagining yourself paying off your debts.  
* *Money affirmations help you visualize results and keep you focused on your goals.* When you constantly think about the positive things you can do with your money and how to achieve them, you start letting go of your negative perception.  
* *A word of caution: Imagining a scenario and doing something to achieve it are two different things.* However, positive affirmations can help keep you motivated to achieve your goals.  
* *Stop focusing on others.* When you focus on what others have and compare it to what you have, you start feeling bad for yourself. This makes you feel less motivated about reaching your goals. Keep your eyes on the prize and focus instead on how you’ll succeed.  
* *Dream big.* Everyone knows about the importance of creating short-term and long-term goals. But apart from these, you should also dream big—bigger than ever! 
* *Of course, having achievable goals is important, but you also want to have a huge goal for your future.* Bigger goals help you stay focused and more committed to your financial plan and may help you devise a better strategy for managing your money.  
* *Believe in yourself.* Lastly, you need to bet on yourself. Have confidence that you will attain all your financial goals. Believing you can achieve your goals is often half the process, as it motivates you to keep fighting to reach them, no matter how far away they may be. Don’t let the pains of the past hold you back from dreaming of a brighter future.  

## Change the way you think about money 

Your money mindset can influence how successfully you achieve your financial goals. While it may take time to change and differ from person to person, adjusting your mindset is essential for improving your money management.

Let Metrobank be your partners in your financial journey. Open a [savings account](/accounts/savings) today and let us help you achieve your financial goals. 

Your money mindset can set your financial goals back or can motivate you to move forward. Learn about it and how to change it here.

Examining your money mindset

Money is a significant issue most couples argue about. In fact, a survey conducted by The Harris Poll revealed that money causes the most stress in as many as 36% of the surveyed couples from different generations.

Finding a solution for money issues involves a bit more work. Couples can’t simply deal with this issue by eliminating the source of the problem.

Discussing your finances early on in the relationship and aligning your financial views with your partner will spare you heartache down the line. Join us as we talk about discussing money matters with your partner. 

## First things first: Is it okay to talk about money in a relationship? 

Discussing money in a relationship is not only acceptable but essential for building a healthy partnership. Open communication about finances helps prevent misunderstandings and conflicts that can arise from differing financial habits and expectations.

Talking about money early on allows couples to align their financial values and goals, fostering transparency and trust. It’s important to understand each other's spending habits, budgeting styles, and future aspirations. Establishing regular check-ins about finances can create a structured approach to managing money together, ensuring both partners feel involved and informed.

Making money conversations a routine part of your relationship can strengthen your bond and lead to greater financial stability and harmony.

## How to talk about money with your partner 

**Learn about each other’s story on money** 

A person’s money mindset directs  howy deal with and manage their money. It is shaped by multiple factors in their life, including their friends, family, and past experiences. One Since eachson’s story varies fro,s important to get to know your partner’s story as soon as you possiblelk about your money values, [money habits](/articles/learn/right-vs-wrong-money-habits), and your history with money, and discuss which stories you share and which ones differ. Spotting obstacles early on will make your journey together a lot smoother. 

**Discuss money expectations before the marriage** 

Before settling down with your partner, discuss each other’s day-to-day responsibilities and money management strategies. For instance, who is expected to be the breadwinner? Once you have children, is one of you expected to quit your job to take care of the kids? Who will be in charge of budgeting? What percentage of your salary should go into savings and investments? Who oversees paying the bills? What about saving money in your relationship?

The more in-depth your discussion is, the more aware you are of each other’s financial roles and expectations in the relationship, leading to fewer arguments about it in the future. Failing to discuss your financial expectations in a marriage can lead to resentment, anger, and hostility—none of which are good for a healthy relationship. 

**Establish how you will organize the money** 

There is no one-size-fits-all solution in organizing money in relationships. Each relationship is unique and has different circumstances. While some couples opt to share their bank accounts, it might not necessarily be a good strategy for yours.

Discuss if you will be [combining finances](/articles/learn/to-combine-or-not-to-combine), sharing, or keeping apart. You can create “mine,” “yours,” and “ours” buckets, then write down the corresponding assets underneath each. Consider setting up [multiple savings accounts](/articles/learn/multiple-savings-account) for specific goals, along with personal accounts for individual spending and a joint [personal checking account](/accounts/checking) for shared expenses. This approach allows for financial autonomy while ensuring that common responsibilities are met.

Come to an agreement and be 100% committed to it. If you have any hesitations, it’s best to voice it out as soon as possible rather than bottle it in and cause a problem later on. Honesty and transparency are always good practices in managing finances together. By finding a balance that works for both partners, you can foster a supportive financial environment that strengthens your relationship.

## A final word 

Lifetime partnerships are more than just romantic relationships. Often, they are business partnerships as well. 

When it comes to how to talk to your partner about money, the key is to always have an open and honest communication with them. While these three tips are just the base conversations you should have with your partner, you can branch off from there.

You can begin discussing your financial goals, dreams, and even any shifts in your money beliefs down the line. Speak and listen openly to stay in-sync with your partner all the way. Approach these conversations with a mindset of collaboration and understanding, ensuring that both partners feel heard and valued. By fostering an environment where financial discussions are welcomed, you can strengthen your connection and navigate financial decisions together more effectively. This proactive approach not only enhances your financial partnership but also builds trust and intimacy in your relationship.

Apply for a [savings account](/accounts/savings) with us today. Let Metrobank be your partners in your family’s financial journey. 

Money is often an issue in many relationships, but it doesn’t have to be. Here are some money things you should discuss with your partner.

Money matters to discuss when in a relationship

Living in a single-income household can be difficult, especially if your family is transitioning from a double-income home.

Whatever the reason may be for this set-up, such as a sudden loss of employment or even a deliberate choice in employment arrangements, living on a single income can work for you.

Learn how to budget when living on one income with these tried-and-tested tips from Metrobank. 

## Money saving tips for one-income families 

**Make a budget** 

The best way to maximize your finances is to make a budget.

A budget helps you understand where your money goes and allows you to control your spending by allocating how much money you can spend in different categories. 

No matter your living situation, creating a budget is always a good idea. There are many different budgeting methods, so try different ones to find what works best for you. Incorporating [multiple savings accounts](/articles/learn/multiple-savings-account) into your budgeting strategy can help you allocate funds for specific goals, such as emergencies, vacations, or education. There are many different budgeting methods available, so experiment with various approaches to find what works best for you and supports your financial objectives. 

**Live within your means** 

Transitioning from a double income to a single-income lifestyle is quite the change, so be honest with yourself about what you can and can no longer afford.

Don’t go into debt attempting to maintain the same lifestyle you used to have. If you used to order out five days a week, limit it to twice a week instead. Or if you’ve made a habit of upgrading your smartphone to the latest release as soon as it comes out, this may no longer be practical.

If you are using your credit card to pay for various items, ensure you can pay your bills on time to avoid incurring late fees and interest. 

**Downsize** 

Another valuable money tip when living on one income is to downsize. Look at your life and see what you can do without. There are probably a number of things you are currently paying for that you don’t actually need, such as cable subscriptions, gym memberships, or a second car. By eliminating or reducing these non-essential costs, you can free up more of your budget for savings or other priorities. Downsizing not only helps you save money but also encourages a simpler lifestyle, allowing you to focus on what truly matters to you and your family.

**Invest well**  

While saving is a key aspect of single-income living, it doesn't mean you can't invest. In fact, investing wisely can enhance your financial security and provide valuable benefits in the long run. One important area to consider is insurance.

Investing in the right insurance policies—such as [health insurance](/insurance/health) or [life insurance](/insurance/life) in the Philippines—can protect you and your family from unexpected financial burdens. For instance, health insurance helps cover medical expenses, while life insurance ensures that your loved ones are financially secure in the event of your passing. 

One important [insurance tip](/articles/learn/protection-and-insurance) to take note of is, however, to regularly review your policies. As your life circumstances change—such as marriage, the birth of a child, or changes in income—your insurance needs may also evolve. Periodically assessing your coverage ensures that you have adequate protection and that you’re not paying for unnecessary coverage. This practice can help you adjust your policies to better align with your current financial situation and goals, ultimately leading to more effective management of your insurance costs and benefits. 

**Add to cart wisely** 

Online sales can be your worst enemy, but it can also be your best friend.

There are a lot of great deals being offered during monthly sales, so keep your eyes peeled. If you can time your grocery shopping around them, you can purchase your household goods such as laundry detergent, pantry staples, and toiletries at a fraction of the cost. 

**Do it yourself (DIY)** 

The Internet is a treasure trove of information, so make the most of it.

If there’s a simple task you need help with, like fixing a tap or cleaning your gutters, consider doing it yourself instead of calling a plumber or repairman. These minor fixes will pile up and can save you thousands of pesos down the line. 

**Make it a family effort** 

A good way to make single income living work is by [teaching your kids how to save](/articles/learn/teaching-your-kids-how-to-start-saving) as well. Instilling the habit of saving early on can help them understand the value of money and develop responsible financial behaviors that will benefit them throughout their lives.

Start by involving them in family budgeting discussions, explaining how you allocate funds for necessities and savings. Encourage them to set their own savings goals for items they want, such as toys or activities, and help them create a plan to reach those goals. Using clear jars or a visual savings chart can make the process engaging and tangible.

By fostering these [money habits](/articles/learn/right-vs-wrong-money-habits), you not only prepare your children for financial independence but also create a sense of teamwork within the family, reinforcing the importance of budgeting and saving in a single-income household. 

## Thriving on a single income

Living on a single income can present unique challenges, but with careful planning and strategic decision-making, it is entirely possible to thrive financially. By following our tips when living on one income, you can create a stable and secure environment for your family. Embracing a mindset of resourcefulness and adaptability will empower you to navigate the ups and downs of single-income living. 

Remember, it’s not just about making ends meet; it’s about building a fulfilling life that aligns with your values and goals. With the right strategies in place, you can turn the challenges of single-income living into opportunities for growth and financial well-being.

Let Metrobank be your partners in your financial journey. Open a [savings account](/accounts/savings) with Metrobank today. 

Because of the pandemic, many families have had to start living on a single income. Although difficult, it’s not impossible. Here’s how to make it work.

Tips for single income households

Every asset you possess will either appreciate or depreciate over time. In a nutshell, appreciation occurs when your asset gains value of any kind. Conversely, depreciation refers to the decrease in value, which can impact your financial stability. By being aware of how different assets behave over time, you can make more informed decisions that align with your financial goals and cultivate a money mindset focused on long-term growth and sustainability.

## What is appreciation in accounting? 

Appreciation is the rise in value of an asset based on different factors in the market. The most common assets that appreciate over time are assets that can be liquified into cash, such as currencies, bonds, real estate, or stocks. Asset appreciation can also be intangible, such as increased the company’s trademark value because of brand recognition. 

Moreover, appreciation refers to the adjustment of the initial value of an asset as it is logged in a company’s account book. So, when an asset appreciates, it earns more than what you acquired it for, which means a high return on the asset is possible.

Appreciation can be: 

* An asset having a new value which is more than its depreciable cost; 
* An increase in the value of an asset due to the current market or economic climate or; 
* An increase in the asset’s value is not due to developing or building on the asset. 
 
Appreciation can be caused by several factors, such as: 

* An increase in demand for your asset 
* A decrease in supply of your asset 
* Inflation 
* Adjustments in interest rate  

## Appreciation rate formula 

Before you can begin computing the appreciation rate of your property, you need to know the asset's initial value and current value. You need to see the amount of time it was appreciating or the holding period. Understanding this appreciation is particularly important if you're considering a home equity loan, as lenders often evaluate your property's increased value to determine how much you can borrow against your home equity. 

To compute for the appreciate rate of an asset: 

1. Divide the current value of your asset by its initial value  
2. From there, you take the result and raise it by 1/(number of holding periods)  
3. Then, subtract one from the answer  

**Sample computation for appreciation rate**  

Let’s say you purchase a home for your personal use: 

* Initial cost of the car: PHP 10,000,000 
* Current value: PHP 12,500,000 
* Quotient: 0.25 or 25% 
* Holding period: 5 years 
* Appreciation: 25% 
* Appreciation rate: (PHP12,500,000 / PHP 10,000,000)1/5 – 1 = 4.56% per year 

Estimating an investment’s possible appreciation is key in [picking the right investments](/articles/learn/finding-the-right-investment). 

## What is depreciation in accounting? 

Depreciation happens when an asset decreases in value. Its main basis is the decrease in value of a tangible asset over its useful life (or how long you can use it). Depreciation can also be considered as how much of your asset’s value has been used.

Depreciation can be seen in two ways: 

* A decrease in asset value over time   
* A decrease in asset value due to extended use (caused by factors like wear and tear) 

Understanding depreciation and how to compute it helps you spread the cost of an asset of its useful life. With this, companies can properly predict how much revenue they can make from an asset and decipher how much it will cost them. It also allows you to adjust your cash flow and operational profits in your accounting books.

Not knowing how much your asset depreciates can affect your revenue (or net worth) because you may fall into the trap of purchasing an asset, which ends up costing you more than the revenue (or value) it brings in.

## Yearly depreciation formula 

Tangible assets are the ones most susceptible to depreciation. 

The basic elements to compute for depreciation are as follows: 

1. Start with the initial cost of the asset.  
2. Find the expected residual value (also called the salvage value). This is the value of the asset at the end of its useful life. Some assets may have value, some end at zero.  
3. The estimated useful life of the asset.  
4. The appropriate method to decipher the cost of the useful life of the asset.  

Keep in mind that there are no hard rules for when assets depreciate. In fact, not all tangible assets depreciate. For instance, stock and inventory will be used up in their entirety before they even have the chance to depreciate. If you need a guide, here is a good starting point: 

* Plant and machinery - expense around 15% to 20% of the overall value a year. Useful life is typically between 5 to 7 years. 
* Fixtures and fittings - expense around 15% of the overall value a year. Useful life is typically between 6 to 7 years.  
* Furniture - expense around 20% of the overall value a year. Useful life is typically 5 years.  
* Motor vehicles - expense around 25% of the overall value a year. Useful life is typically 4 years.  
* Equipment (including computers) - expense around 33% of the overall value a year. Useful life is typically over 3 years.  

**Sample computation for depreciation** 

Let’s say you’re deciding between purchasing a [brand-new vs used car](/articles/learn/buy-brand-new-or-secondhand-car). If you purchase a new car for your personal use, the depreciation computation would be as follows: 

* Initial cost of the car: PHP 1,400,000 
* Expected salvage value: PHP 300,000 
* Difference: PHP 1,100,000 
* Useful life of car: 4 years  
* Depreciation rate: 25% a year 
* Amount to depreciate: PHP 1,100,000 / 4 = PHP 275,000 a year 

Suppose you choose to purchase a used car through a bank loan. In that case, the depreciation computation will differ based on the initial cost, expected salvage value, and useful life of the vehicle. Here’s how you might calculate it:

* Initial cost of the used car: PHP 800,000 (for example)  
* Expected salvage value: PHP 200,000  
* Difference: PHP 600,000  
* Useful life of the car: 3 years  
* Depreciation rate: 25% a year  
* Amount to depreciate = (PHP 800,000 - PHP 200,000) / 3 = PHP 200,000 per year   

Choosing between a new and a used car, for instance, involves considering not only the initial purchase price but also how depreciation affects overall ownership costs. A new car typically depreciates faster in absolute terms but may offer more reliability and features. A used car can be more economical upfront and may have lower annual depreciation costs, making it an appealing option for budget-conscious buyers. 

The same can be said for any other type of tangible investment.

## Depreciation vs. appreciation: Why they matter  

Understanding the difference between appreciation vs. depreciation, and knowing how to adjust for them, are vital when owning a business or computing for your net worth. When you understand the basic theories of appreciation and depreciation, you will know which of your assets will appreciate or depreciate over time, which ones may never depreciate, and which assets you need to own for only a fixed period of time to avoid losing money. 

Make the right investment decisions by talking to us at Metrobank today. 

Knowing what appreciation and depreciation are can help you compute your net worth and help you choose which assets to secure. Find out more here.

What’s the difference between appreciation and depreciation?

Putting your savings in a savings account is a good way to protect your money. But did you know that you should have more than one savings account under your name? In this article, we discuss why you need multiple savings accounts and how many you should have.

<font size=4>**Why do I need more than one savings account?**</font>

The saying “don’t put your eggs in one basket” is a good way to start the discussion. You should avoid putting all of your money in just one account in case anything goes wrong. 

But you shouldn’t have too many bank accounts either. While there are no penalties or fees for having multiple bank accounts, it does entail more responsibilities. You need to make sure each of the bank accounts meet the maintaining balance, and monitor each one regularly for any suspicious activities.

<font size=4>**How many savings accounts should I have?**</font>

There isn’t a set rule regarding how many you should have. It depends on your needs and your lifestyle.

<font size=4>**5 types of savings account you might need in your life**</font>

* **Savings account**<br>
This is where you should put a fixed percentage of your income each month. Most people follow the 50/30/20 budgeting rule, meaning 20% of their income immediately goes into the savings account each pay day.

* **Emergency account**<br>
An emergency account is where you put your money for a rainy day. These are days you have to deal with sudden expenses such as unexpected hospital visits, accidents, home repairs, car repairs, etc. Having an emergency account gives you a bit of a buffer. This way, you won’t have to dip into your other accounts and potentially drain all the money there.

* **Spending account**<br>
This savings account is used for your daily expenses such as groceries. You can also use this account to pay for your bills, utilities, loans, and scheduled payments. A good way to manage your spending is by depositing only how much you are willing to spend in your spending account. That way, you can put a cap on your spending.

* **Income/Payroll account**<br>
When you’re employed, your company typically sets up an account for you at their chosen bank. This is how you receive your regular salary, bonuses, and reimbursements from your employer. Should you choose to resign from your company, it becomes a normal savings account unless you are required to close it.

* **Foreign currency account**<br>
If you have a relative who is working abroad, or if you have a foreign employer or client, a foreign currency account makes it easier for you to receive money and convert to Philippine Pesos.

While we’ve listed five here, these are not the only savings accounts you may need. The important thing to remember is to have more than one so you can better manage your finances and avoid spending it all in one go.

Looking to open a [Metrobank Savings Account](https://www.metrobank.com.ph/save/savings)? Head to your nearest Metrobank branch today to get started!

Still putting all of your money in one savings account? That may not be the smartest decision. Learn more here.

The types of savings accounts you will need in your life

Activate your Metrobank credit card in a secure and hassle-free way through our diverse channels and start experiencing Metrobank’s exclusive offers today. 

## How to activate your Metrobank credit card 

Here’s how to activate your Metrobank credit card through our diverse channels:

**Metrobank App**   

Activate your new Metrobank credit card through the Metrobank app by following these steps: 

How to enroll your card: 

<iframe width="560" height="315" src="https://www.youtube.com/embed/Ph8raf0qNCY?si=oq_OUG72u7nAjDB-" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 

How to activate your card: 

<iframe width="560" height="315" src="https://www.youtube.com/embed/diqH1oO5V68?si=M15ArKX_mrqg3hrj" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 

Card Activation for new Metrobank App users: 

1. Download the Metrobank App.  
2. Sign up on the app with your new card.  
3. Go to your dashboard and tap “Activate Card”.  
4. Input your 6-digit passcode to confirm activation. 

Card Activation for existing Metrobank App users: 

1. On your Metrobank App, open the side bar, then tap “My Accounts”.  
2. Select “Credit”.  
3. Tap “+ Enroll” to add/enroll card.  
4. View your account details and tap "Activate" on the card image.  
5. Input your 6-digit passcode to confirm activation. 

*Note: This process also applies for renewed/replaced cards. Supplementary cards can also be activated by the Primary Cardholder in the Primary Cardholder's app. Make sure you have your physical card before activating it.*  

**SMS** 

Activate your new Metrobank credit card through SMS by following these steps:   
	
1. Have your credit card details ready.   
2. Text 225622 using this format: ACT <space> <16-digit card number>   
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Example: ACT 9876543210000000   
3. Wait for the credit card activation confirmation message. 

**Card Activation Hotline**
	
Activate your new Metrobank credit card through the card activation hotline by following these steps:   
	
1. Call (02) 88-603-030.  
2. Use the Self-Service Interactive Voice Response System (IVRS) to activate your card.  
3. Wait for the credit card activation confirmation message.  
  
Learn how to and why you need to activate your new credit card. 
	
	
## Frequently Asked Questions

**On Inactive Cards:**  
	
<details>
<summary>Why are Metrobank credit cards delivered inactive?</summary> 

All Metrobank credit cards are now delivered inactive, whether these are new cards or re-issued cards. This is an industry practice as it is regulated by the BSP for the security of the accounts of cardholders. 
	
</details> 

<details>
<summary>Why did I get a replacement inactive card if my current card is still valid?</summary> 

Metrobank may issue its existing cardholders replacement cards as part of an upgraded technology on the cards; such as the latest Contactless technology that enables quicker payments with a simple tap for everyday purchases.
	
</details> 

<details>
<summary>Why do I need to activate my card?</summary>

Your card needs to be activated so that you can use the card for your purchases. If you use an inactive card, your transaction will not push through.

Activating your card also secures your account.
	
</details> 

<details>
<summary>When can I use my new card?</summary> 

You may use your new card as soon as you receive a notification regarding the successful activation. 
	
</details>	

<details>
<summary>What are the information that will be required from me in order to activate my new card?</summary>  

Personal and card details may be required during validation to proceed with card activation. 
	
</details>  
	
	
## Start using your Metrobank credit card 
	
Activate your Metrobank credit card using our various channels and enjoy the perks and benefits Metrobank has to offer. 


Activate your Metrobank credit card to enjoy the benefits that it has to offer. Learn how to activate it here. 

Metrobank credit card activation process

When making financial and business decisions, it's important to weigh all of your options, even those that are not immediately apparent. One thing you need to take into consideration when making choices is the opportunity cost, which is the profit that you forego by passing on an opportunity—the consequence of selecting one choice over another. 

It's important to know the definition of opportunity cost, how to spot it, and how to calculate it to [learn how to deal with finances](/articles/learn/why-managing-money-is-important) wisely. Let's take a closer look at this financial concept and how to compute for opportunity cost. 

## What is opportunity cost?  

The concept of opportunity cost entails looking at the value of the next best alternative that you give up when you make a choice. It's what you sacrifice to get something.

While opportunity cost is often thought of as a financial concept, it can also be applied to non-financial decisions. For example, you have a good job with a steady income, but your dream is to open your own business. This would require you to leave your current job and spend a lot of money on the initial startup costs. You have to weigh both options carefully. If you choose a steady job instead of opening your new business, then you miss out on the work that you wanted and possibly, the success that comes with it. However, if you start your business, then you forego the stability of a paycheck from a regular job.

Opportunity cost is an important concept to understand because it helps us make better business and [wealth management](/investments/wealth-management/) decisions by taking into account all of the potential options and trade-offs. By understanding opportunity cost, we can weigh the pros and cons of different choices and choose the option that provides the most benefit. 

## How do you compute opportunity cost? 

The opportunity cost formula allows you to establish the difference between the expected returns (or actual returns) of two options. This equation is useful in two different cases: You can use it to gauge the effect of an impending decision, or you can calculate the gains and losses of past decisions. Use this straightforward formula to calculate the opportunity cost of a possible business venture:

*Opportunity Cost = FO − CO*

where:  
FO = Return on best forgone option  
CO = Return on chosen option  

## What is the difference between opportunity cost and sunk cost?

In business, opportunity cost is often used interchangeably with sunk cost fallacy in finance, but they are not the same thing. When making financial decisions, it's important to understand the difference between sunk costs and opportunity costs to make better financial decisions. A sunk cost is money that has been spent and can't be recovered. An opportunity cost is a potential return that can no longer be earned because the capital was invested elsewhere. So, with opportunity costs, you typically look at things you miss out on from not making these investments.

## What are some examples of opportunity costs in real life? 

To illustrate the concept of opportunity cost, let’s look at people’s common dilemma: [to rent or to buy](/articles/learn/is-buying-better-than-renting) a house.

Let's say you're trying to decide whether to buy a new car or invest in stocks. The opportunity cost of buying a new car would be the potential return of investing in stocks. In this case, you're giving up the chance to earn money to buy a new car.

On the other hand, the opportunity cost of investing in stocks would be the fun and convenience of having a new car. If you choose this option, you give up the chance to have a new car for the chance to grow your money.

Another example might be if you're trying to decide between two jobs. One job pays more money but requires more hours, while the other job pays less money but has more flexible hours. Your opportunity cost would be the salary difference between the two jobs multiplied by the number of hours you would work at each one.

As you can see, opportunity cost is often about more than just money. It's about weighing all the factors involved to make the best decision for you. While not all returns have a corresponding figure, you can use the principle for computing opportunity cost to compare your choices.

## How does opportunity cost affect budgeting? 

Opportunity cost can have a significant impact on how to budget money. It can help you develop good money habits. It encourages you to take the time to consider the opportunity cost of your choices to make sure you get the most bang for your buckk. 

When deciding whether to buy or rent property, you consider the money lost from making a down payment instead of investing, as well as forfeiting the chances to move easily and take a job in another country. The opportunity cost of renting a house, on the other hand, is that the rent can be much higher than the monthly amortization. This means that you could be paying a lot of money every month just to keep a roof over your head, but you have more flexibility when it comes to making other decisions in your life.

Both choices have trade-offs, and it's up to you to decide which option is best for you based on your unique circumstances and goals. 

## Looking for opportunities to grow your money? 

Understanding the meaning of opportunity cost is key to making wise financial decisions. By taking into account the potential costs associated with each choice, you can get the most value for your money.

Make smart financial choices and grow your wealth over time with Metrobank. We offer a variety of savings accounts that allow you to save money while earning interest on your deposits. If you’re not a Metrobank customer yet, open a [Savings Account](/save/savings) today and start taking advantage of our competitive interest rates and online banking services. 

When making a decision, it's important to understand the opportunity cost – or what you're giving up by choosing one option over another.

What is opportunity cost?

Purchasing a house is a major milestone on everybody’s list. This major achievement is a dream many people have but may seem unattainable to most. This is why many people, regardless of age, choose to rent instead of buying a home. But is renting a house better than buying a home?

We’re here to settle the debate and help you decide whether [you should rent or buy a house](/loans/home-loan). Here are key factors you need to consider. 

## Should I rent or buy a house: Important considerations 

Renting and buying a house are both valid housing options depending on your financial situation. The key to buying a home successfully is assessing whether you can afford to buy the property and/or manage a [home loan](/loans/home-loan).  

**Your finances** 

Consider your financial situation before you decide to rent or buy a house. Buying a house will cost a lot of money and is a major financial decision. 

Knowing [how banks assess loan applications](/articles/learn/how-loan-applications-are-assessed), you need to make sure you are in good credit standing if you plan on taking out a loan. If you have good credit, you have a higher chance of getting approved for a home loan and may be in a position for [loan negotiation](/articles/learn/negotiate-debt-loan-better) to get better repayment terms. 

Apart from that, you’ll need to pay the downpayment in cash (which is about 20%), as well as set aside a portion of your monthly income for the payments to come.

You need to be confident in your financial situation and capacity to pay to guarantee that you pay off your house as planned. 

**Cost of renting versus buying** 

Renting and buying (and owning) a house comes with unique expenses. When buying a house, you'll need to pay your loan for a certain number of years but you get a permanent house in return. You also need to pay your taxes, insurance, and maintenance. Meanwhile, as a renter, you don’t own the property so you need to pay rent to continue living there. Your landlord handles the taxes and maintenance costs. 

Another factor to consider is the actual cost of your home. Houses and apartments come in different price points depending on the location. Some locations, particularly those near business districts, tend to be more expensive. For example, a two-bedroom home in the province may cost just as much as a studio apartment in a central business district in Metro Manila. But while living in the province may cost less, commuting to work will take more time and energy than living nearby in a more expensive apartment. 

While having a house under your name is a dream come true, you may have to assess whether it’s better for you to rent or buy a house in the long run. Be logical and realistic with your decision-making process. Do your research and check the prices of houses and condominiums in different cities and even provinces, as well as how the choice fits your lifestyle, before deciding.

**Your long-term plan** 

Where do you see yourself in a few years? If you are still unsure or you prefer the flexibility of being able to move around, then buying a home now may not be the right decision. 

Buying a home is a major investment and will take five or more years to complete. Plus, given the investment it requires, you are expected to live there long term. 

Also, consider your lifestyle. Will you enjoy having the responsibility of taking care of your home when there’s a leaky pipe or walls need repainting? Or would you rather just have your landlord take care of everything for you when something goes wrong in your home? Remember, becoming a homeowner entails added costs such as the upkeep and maintenance of your home.

**Your risk tolerance** 

Finally, you need to understand that there are risks involved in owning a house. You need to weigh these before deciding whether you want to rent or buy a home.

As a renter, there’s a chance that your landlord could end your lease or evict you at any given time. This will be a stressful situation for anyone but will probably not cost you anything more than your security deposit.

On the other hand, if you are unable to pay for your monthly amortizations, you could default on the loan and lose your house to the bank. Others may try to amend this by taking out additional loans, but you can never be too sure about [how safe online loans are](/articles/learn/pros-and-cons-of-online-loans). Your debt could pile up -- [good debt could turn into bad debt](/articles/learn/good-versus-bad-debts). All the months spent paying for your loan would be gone and you would also lose your home.

There’s also the chance that the home you purchase doesn’t appreciate as expected or as quickly as you wished for. 

## Renting versus buying a house 

To sum it up, here are the pros and cons of both buying and renting a home.

**Advantages of buying a house** 

* The value of real estate appreciates over time  
* You can customize your space according to your liking  
* It’s a permanent living arrangement once it’s fully-paid  

**Disadvantages of buying a house** 

* If you fail to pay on time, you could default on your loan and lose your home  
* Homes can also depreciate and lose value  
* Maintenance and upkeep cost a lot  
* Unless you are willing to shell out money again, you are fixed in that location for the foreseeable future  

**Advantages of renting**  

* Monthly housing costs are fixed  
* Flexible living arrangements  
* You do not need to pay for the upkeep of your home  
* Money saved from upkeep can be put towards your savings for other things  

**Disadvantages of renting** 

* The money you pay for rent doesn’t go towards anything  
* You have limited control over the appearance of your living space  
* Rent could increase  
* Your landlord could sell the place or end your lease at any time  
* There is less stability  

## Would you rather rent or buy a house?

So, is buying a house better than renting? There is no right or wrong answer here. There are a lot of things to consider when renting or buying, and it ultimately depends on your situation.

If you’ve decided you’re ready to buy a house, Metrobank can help you buy your dream home sooner. Talk to us about a [Metrobank Home Loan](/loans/home-loan) today. 

Financially speaking, is it smarter to rent or buy a house? We weigh the pros and cons of both options. Click here to discover the answer. 

To rent or to buy: The verdict is in

With the current prices today, we know you’re looking for ways to save money on groceries. As you go through the aisles picking up pantry staples, cleaning agents, laundry essentials, and, if you have a fur baby, pet supplies, your grocery bill can pile up without you noticing until you’re at the cashier. These items may seem affordable at first, but they can eat up a large part of your monthly budget.

When it comes to groceries, it is important to spend within a budget. This is especially true if you are shopping for a large family. There are a few things you can do to make sure you get all your necessities while maintaining a reasonable grocery budget. 

## How to budget for groceries 

Here are practical tips for saving money on groceries perfect for [inflation budgeting](/articles/learn/how-to-budget-for-inflation):  

1. **Track previous expenses**  
	
	Before anything else, you need to have a baseline. [Tracking your spending](/articles/learn/how-to-track-spending-and-budgeting) helps determine how much you spend on groceries each month and on what kinds of items. 

	A quick way to do this is to look back on all of your past grocery receipts and bills. If you have the time, create a list or a spreadsheet that contains what you purchased and how much you spent on them. On your list, identify which ones are needs or essentials, and which ones are wants. 

	From there you’ll see where you can lessen your spending. This way, you can analyze which ones to lessen or replace with a more affordable alternative. 
	
2. **Allocate spending money** 
	
	Now that you have a clear picture of how much you spend on groceries and where you can cut back on spending, you can determine your total grocery budget. A common money habit of people who save money is to set aside 10-20% of their income on groceries each month, but this may not work for everyone. Start with setting aside 10% of your monthly income and see if it lines up with your tracked expenses. Work your way up from there until you reach an amount that works for you and your family. 
	
3. **Plan your meals** 

	Before going to the grocery store, come up with a weekly meal plan for your household. Apart from your three daily meals, include snacks and treats as well if it’s still within budget. Don’t buy whatever you find interesting. This helps you keep your costs and your food wastage low. 
	
4. **Compare stores and make a list** 

	Take some time to research different stores in your area. Compare prices on staple items like milk, bread, and eggs. You may find that one store consistently has lower prices than others. Once you have found a few affordable stores, make a list before you go grocery shopping. This will help you stick to buying only what you need.

	The price differences between grocery stores may be marginal, but peso by peso, shopping at the most affordable store can help you save more money on groceries. 
	 
5. **Buy in bulk**  

	Another way to go grocery shopping on a budget is to buy in bulk when possible. This goes against the Filipino trait of buying tingi (or items in smaller, often single-use packaging) but items sold in bulk are actually cheaper per piece than those sold tingi. This can be helpful for items that you use often and don’t go bad quickly, such as rice, pasta, and canned goods. Buying in bulk can also be a good way to save money on meat. If you have the freezer space, buying a larger quantity of meat and portioning it out can be more affordable than purchasing smaller amounts frequently.

6. **Use discount codes and coupons** 

	Take advantage of discounts and coupons. Many stores offer loyalty programs that give you access to exclusive deals and coupons. You can often find coupons and promo codes online. 

	You can also opt to shop for non-perishables online during monthly sales to get huge discounts. 

	Finally, you can also get big discounts by using your [credit card when shopping for goods](/articles/learn/using-debit-credit-card-in-online-shopping) instead of your savings account. Keep an eye out for your card issuer’s discounts and other promotions with partner establishments so you can take advantage of them. 
	
7. **Keep track of your groceries** 

	Stick a whiteboard or a sheet of paper on your refrigerator and pantry and list down all the contents and the expiration dates of each one. This helps you keep track of the items you still have and encourages you to consume them entirely before they spoil. It’s also a good way to avoid repurchasing items you still have.

8. **Eat before going to the grocery** 

	A survey found that hungry shoppers spent more on grocery items than those who are full. 64% of those they surveyed purchased items they normally wouldn’t have. This is because hunger causes us to search for food and want to store it. If you want to keep your grocery bill low, go shopping after you’ve eaten a hearty meal.

9. **Get creative with leftovers** 

	It’s normal for households to have leftovers after eating. Instead of throwing these out, keep them for future meals. Eating leftovers may be boring, so try to get creative with it! Yesterday’s pork and chicken adobo can be today’s adobo fried rice. Stale bread can be transformed into delicious French toast.

10. **Freeze food** 

	If you have excess food that you won’t be able to eat before spoilage (such as leftover vegetables, bread, and even eggs), don’t throw them out. Instead, transfer them to resealable bags and write down the day you froze them. This is a good way for you to extend their shelf life. 

	Vegetables can last another 8 months in the freezer, bread up to 6 months, and ground beef for 4 months. You can also freeze leftovers. Depending on the kind of dish it is and its components, frozen leftovers can last anywhere from 1 to 6 months.

11. **Use the right credit card** 

	Look for credit cards that offer different benefits to help you save, such as discounts, rewards, and cashback. For grocery shopping, which you do regularly, a [cashback credit card](/cards/credit-cards/cashback) can be beneficial since it lets you earn reward points for every peso spent. This way your grocery bill not only feeds you and your family but also helps you earn. 

	Familiarize yourself with the features of your card so you know [how to maximize credit card use](/articles/learn/maximize-credit-card-benefits). 


## Looking for more ways to save money?  

Now that you’ve learned how to budget for groceries, you can mix and match tips to find ones that suit you. Additionally, you can save on your groceries whenever you use your Metrobank Cashback Visa card. Apply for a [Metrobank card](/credit-cards) or upgrade yours today. 



Groceries can be expensive, especially when you're buying for a lot of people. Here are ways to keep your grocery budget at a reasonable amount.

How to budget for grocery and ways you can stick to it

Owning a house costs money. Apart from the regular maintenance you need to account for, you also need to pay for utilities such as electricity and water bills. It’s no secret that electricity costs a lot of money. In fact, as of July 2022, the [price of electricity](https://www.cnnphilippines.com/news/2022/7/11/Meralco-July-power-rate.html) is at PHP 9.7545 per kWh. The average monthly consumption of residential customers is at 200 kWh. This means the average household in the Philippines spends around PHP 1,950.90 on electricity per month.

With the ongoing war in Ukraine, chances are [electricity prices will go up](https://www.cnbc.com/2022/03/02/russia-ukraine-war-lessons-for-global-energy-markets.html). Since the Philippines is heavily dependent on fuel-powered electricity, and Russia is one of the top exporters of fuel worldwide, it’s clear that the fuel shortage affects our electricity rates. 

This is why it’s more important than ever to learn how to reduce your energy bill. We’ve gathered our top tips on how to save on your electric bill. 

## How to lower your electricity bill 

Making small adjustments to your everyday life can help you establish good money habits to help you lower your electric consumption. Here’s how to save on electricity:

1. Learn about energy efficiency. Once you know where your home is losing electricity, you can make changes to improve your home’s energy efficiency. This may include adding insulation, sealing air leaks, or changing to energy-efficient lighting and appliances.  

2. Change your habits. Small changes in your daily routine can make a big difference in your energy usage. Something as simple as not using the air conditioner when it’s not hot and reducing your screen time to do more activities that require less electricity can help lower your electricity bill.   

3. Alternative sources of energy. Another tip on how to lower your electricity bill is to consider alternative energy sources. Solar panels are a great way to generate your own energy and save money on your electricity bill. These alternative energy sources can be costly upfront, but they save you money in the long run.  

4. Use energy-efficient light bulbs. Compact fluorescent light bulbs (CFLs) use 75% less energy than traditional incandescent bulbs, so they can help you save money on your electric bill.  

5. Install timers. You can install timers on your lights so that they automatically turn off after a certain amount of time. This helps you to save electricity by not leaving lights on when they're not needed.  

6. Turn the red light off. Notice that little red light that most appliances have? That light stays on even when the appliance is not in use, meaning it continuously uses energy. This is called “vampire energy.” Unplugging coffee makers, toasters, and other small appliances when you're not using them can help you save.  

7. Use a power strip/extension cords for electronics. If you have multiple electronics plugged into one outlet through an octopus adapter, you can lower your electric bills by using a power strip instead. That way, you can easily turn off all the electronics with one switch. Just be mindful not to overload these extension cords.  

8. Use a fan instead of air conditioning. Fans use less energy than air conditioners, so using a fan to cool your home can help you save money on your electric bill.  

9. Check the energy consumption of your appliances - Some of the biggest energy users in your home are appliances that you may not use very often. If you're looking to save money on your electrical bills, it's important to be aware of which appliances are using the most energy. Next step is to replace them with much more efficient appliances. Switch to inverter appliances such as air conditioners, refrigerators, and washing machines. These appliances cost more at first, but if you want to spend money wisely, you must consider the energy savings they offer in the long run.  

10. Take shorter showers. Since the water heater is one of the biggest energy consumers in the house, reducing the amount of time you spend in the shower will also reduce your household’s energy consumption.  

11. Utilize your microwave. The microwave is one of the lowest energy-consuming appliances in your home and is a versatile cooking apparatus. You can use it to steam, heat, and even bake different food.  

12. Turn off your computer. Your computer consumes more energy than you think, even when it is in sleep mode. If you have a habit of hitting sleep mode instead of shutting it down, change this immediately.  

13. Lower temperature means higher energy. The Philippines is a hot and humid country, so it may be difficult to give up your air conditioner. Instead of completely letting it go, learn how to use it effectively. A tip on how to save electricity is to lower the temperature setting, the more energy your air conditioner uses. If you can, set your air conditioners from around 20 - 27 degrees Celsius.  

14. Purchase an electric fan adaptor. This allows you to set your timer on for your air conditioner and once it goes off, your electric fan automatically kicks in. With this adapter, your air conditioner can run for the first few hours of the night and switch off as you sleep.  

15. Pay your bill on time. Don’t forget to pay your bill on time to avoid costly penalties or, worse, disconnection. If your electricity gets disconnected, you’ll need to pay additional fees for reconnection. Set reminders or, better yet, maximize credit card use by setting up automatic bill payments.   

16. Use less power. Finally, one of the best ways to save money on your electricity bill is to simply use less power. During the day, open blinds and curtains to let in natural light instead of turning on lamps and overhead lights. At night, try to avoid using electronics as much as possible.  

## How are you saving money on electricity next month? 

There are many ways to save money on electricity. We hope that these tips can help you reduce your energy consumption and use the money you saved to fill up your [savings account](/accounts/savings). 

Make bills payment convenient and more manageable. Enroll your electric bills in [Metrobank’s Bill2Pay facility](/articles/learn/pay-your-bills-online). Apply for a [Metrobank credit card](/cards/credit-cards) today for smoother bill payments and many other [benefits](/articles/learn/convenience-of-having-a-credit-card).


Electricity is expensive in the Philippines. Learn how you can cut back on your energy consumption so you can save on your electricity bill.

Tips on how you can save on your electricity bill

There's a lot of talk these days about personal finance, [how to spend money wisely](/articles/learn/causes-of-overspending), how to save money, invest money, and grow your wealth. You may have even seen some of these videos with personal finance experts giving their advice on how to get rich quick. But can you r trust what they're saying? Can you take their advice and expect to see results?

There are a lot of self-proclaimed experts, personal finance gurus, and digital influencers out there but who should you trust when it comes to learning about money? Let’s talk about where to learn personal finance and why it’s important. 

## What is personal finance and why is it important? 

Personal finance refers to the management of an individual’s or household’s funds. This encompasses budgeting, banking, saving, [investing for retirement](/articles/learn/investing-for-retirement) and other goals, and estate planning. These activities help the individual or household plan and make the right decisions to achieve their financial and life goals. 

But why is personal finance important? Finance involves numerous moving parts, each requiring strategies. Personal finance teaches individuals about crucial finance principles, empowering them, especially those without a background in finance, to manage their money effectively and, consequently, achieve financial security. 

## Where can I learn personal finance? 

A quick search online will reveal hundreds of articles, videos, gurus, and so on claiming to hold the secret to growing your money. How do you know if the advice you’re getting is credible? Here are a few important things to consider:
 
**Who can teach you about personal finance?** 

When it comes to determining where you can learn about personal finance, it's important to do your research. Losing your hard-earned money is a costly mistake to make, so it’s best to be discerning about where you get financial tips!

When getting financial advice, it's important to look at the qualifications of the person or organization behind it. Do they have experience in the field? Are they well-respected in the industry? Do they carefully explain [why financial education matters](/articles/articles/learn/why-fin-ed-matters)?

Checking qualifications can help you avoid making a mistake that could cost you money. For example, before putting money in a new stock, you’ll want to check if the person recommending it has the background and experience to do so. 

**Always fact-check** 

It's always important to be able to identify which source is reliable. When scrolling through financial experts on social media or watching them on YouTube, you need to discern which ones are credible and which ones aren’t.

First, look at the evidence they provide to support their claims. Are their arguments backed up by data and research? Are there different sources cited? Or are they just giving their opinion without cross-checking with other sources? Facts differ from opinions. Financial gurus are expected to give their opinions on money matters, but you also need to make sure they’re grounding these opinions on facts.

Second, consider the person’s qualifications. Do they have the expertise to speak on this topic or are their qualifications fabricated? An expert on a subject matter must have the credentials and experience to prove that they are knowledgeable in the field. 

Look for things like certifications, workshops they’ve attended, their current job, and what they took in college so you can gauge the depth of their knowledge of finance.

Third, look for any biases. Do the person’s statements seem skewed in favor of one side? To formulate an informed decision, a source must consider both sides of an argument and lead you to the best decision. If it seems like they’re trying very hard to push a product, especially if they get something from promoting it, then it’s best to steer clear from them.

Finally, trust your intuition. Instincts are based on our previous experiences and cues that our subconscious picks up on. So, if something doesn't sit right with you, it's probably because your gut is trying to tell you something. 

**Red flags to avoid**  

Before following a financial advisor's tips, be critical of what they're saying. There are red flags that can tell you whether or not a person is credible.

Keep in mind that there’s no magic formula for success. It takes time and effort to grow your money. Anyone who tells you otherwise might be trying to take advantage of you. Instead of looking for a quick fix, take the time to educate yourself on personal finance and how to make smart choices with your money. It may not be as glamorous as a get-rich-quick scheme, but it's a much more reliable way to achieve financial success.

Make sure you do your own research. If anyone tells you to invest in something, look into it yourself first. After all, you'll be dealing with the consequences – whether good or bad. Remember, there are no shortcuts when it comes to investing. The best way to grow your wealth is to take the time to learn about different investment opportunities and make informed decisions.

It’s always important to be skeptical of anyone who seems more interested in selling you something than giving you helpful advice. If you're feeling pressured to buy a product or service, it's probably best to walk away. The last thing you want is to end up with something that doesn't meet your needs. 

**Can personal finance experts be trusted?** 

As with anything, it's important to do your own research and decide if the advice of a personal finance expert is something you want to follow. There are a lot of different opinions out there, so trust your gut and go with what feels right for you. At the end of the day, the best way to learn about personal finance is to experiment and find what works for you. There's no one-size-fits-all solution, so don't be afraid to try different things and see what works best for your unique situation.

When it comes to looking for someone who can teach you about personal finance, you need to do your due diligence. Consider their credentials including their educational background, current work, and track record such as how much they were able to make through investing and then determine for yourself whether this person is credible and can help you on your financial journey.

The best way to determine if a financial expert’s advice is worth following is to do your research and see what that particular expert recommends for your personal situation. It’s also best to subscribe to different reputable sources like financial publications, so you can balance their opinions yourself. At the end of the day, it’s up to you to decide whether or not to take financial advice from anyone. 

## Ready to expand your personal finance knowledge? 

Be careful where you learn about personal finance; always research and analyze if the advice is suitable to your situation and goals. Metrobank’s pool of finance experts is here to continuously provide you with informational articles to guide you through [good money habits](/articles/learn/right-vs-wrong-money-habits), budgeting, saving, investing, and wealth management. 

You can always count on Metrobank to help you make the best financial decisions.  

There are a lot of people on the internet claiming to be personal finance experts, but are they really? Here’s how you can tell.

Who can teach you about personal finance?

Do you ever feel like you're stuck in a situation because you've already invested so much time or money into it, so you think it’s just better to stick with it to the end? You're not alone. This is called the sunk cost fallacy, and it's a very common psychological trap, especially when [dealing with finances](/articles/learn/why-managing-money-is-important). 

Protect yourself – and your investments – from this irrational way of thinking. Let’s explore the meaning of the sunk-cost fallacy, why it's so easy to fall into it, and how to avoid it. 

## What is sunk cost? 

First, we need to discuss the definition of a sunk cost. A sunk cost is a cost that has been incurred and cannot be recovered. In business, sunk costs are often used to refer to the cost of a project or venture that has already been made, regardless of whether it generates any returns. 

Sunk cost is a very real occurrence that can have lasting, often negative, effects on our finances. 

## What is the sunk cost fallacy? 

The sunk cost fallacy is a way of thinking that occurs when we believe that we have invested so much in something that we must see it through to the end, regardless of whether it is actually in our best interest.

The fallacy comes into play when we make decisions based on sunk costs. Here’s an example of a sunk cost fallacy: 

You are in a long-term relationship with someone. While initially, the relationship was a healthy one, four years down the line you realize that the two of you do not share the same ideals, which has led to a lot of arguments. But because you’ve already invested so much of your time in the relationship, you find it difficult to let go, even if it is no longer healthy.

The same thing can happen with houses, cars, and other big purchases. Let’s say you purchased a new car but a few months into owning it, you realize that not only is it a gas guzzler, it is also prone to breaking down. You may think that you need to keep the car, despite all its flaws, because you spent so much to purchase it. 

What you fail to take into consideration is that it will cost you even more to keep it. When it comes to sunk cost fallacy in investments, it's important to remember that we can't get that money back. Therefore, we should only be concerned with what will give us the best outcome going forward.

The sunk cost fallacy often influences us to think that we need to keep on holding on to things, even if they don’t do us any good, just because we’ve already spent time or money on them.

Thus, the sunk cost fallacy can prevent us from making the right financial decisions, because it can blind us from seeing all the relevant information. When this happens, we let sunk costs influence our decision-making instead of basing our decisions on what will give us the best outcome. 

## What factors lead to using the sunk cost fallacy in decision-making?  

We don’t just fall into the trap of the sunk cost fallacy blindly. More often than not, they’re born from a few factors that influence our lives.

For instance, we sometimes fall into making decisions based on the sunk cost fallacy because we may feel like we must justify our previous decisions. We might think that if we've already invested so much, we have to keep going.

There are also some people who make decisions based on the sunk cost fallacy because they do not want to admit that they made a mistake. They think that because they’ve already invested a lot of money in something, they’d rather see it through to save face or because they’re hoping things will change for the better. They might justify their decision by telling themselves that they just need to keep going and it will eventually work out.

Finally, we might make the sunk cost fallacy out of being worried about the future. We might think that if we don't keep investing in something, we miss out on a good opportunity. This is when we see the [importance of the time value of money](/articles/learn/time-value-of-money), which can help you objectively identify the best opportunity for your finances.  

## How does the sunk cost fallacy apply in finance? 

The sunk cost fallacy can be a powerful motivator when it comes to our finances. The sunk cost fallacy typically comes into play when deciding [how to choose the right investment](/articles/learn/when-to-pull-out-investment).

You hear from your friends that cryptocurrency is a good way to make money. You try out one of the play-to-earn games because your friend made a lot of money on it. 

Initially, you make a good return on your investment, so you keep purchasing in-game credits so you can play more. Six months in, however, the game isn’t as lucrative as it was in the beginning, and you no longer earn as much as you used to. You’ve purchased PHP 10,000-worth of in-game credits, and you don’t want it to go to waste. So, you keep on playing in the hopes that things go back to the way they were before. You spend as much as five hours a day playing in the hopes of getting back the money you put in, even if you’ve expended so much time and effort into it to no avail.

Even though you may have read or heard that [fixed-income securities](/investments/fixed-income) and [treasury bills](/investments/fixed-income/peso-treasury-bill) offer more secure and steady income, the sunk-cost fallacy may push you to insist on holding on to cryptocurrency. 

## Do you want to make rational financial decisions? 

[Good money habits](/articles/learn/right-vs-wrong-money-habits) include extensive research and strategic thinking before making any financial decision. Understanding the sunk cost fallacy’s meaning and applications can help you make better decisions about your investments and even about life in general. 

Avoid falling into the trap of the sunk cost fallacy and make better investments for yourself. 

Do you ever feel like you're stuck in a situation because you've already invested so much time or money into it, so you think it’s just better to stick with it to the end? You're not alone. Let’s discuss what the sunk cost fallacy is, why it's so easy to fall into it, and how to avoid it. 

What is Sunk Cost Fallacy?

When it comes to insurance, there are a lot of factors to consider. Do you need life insurance? Health insurance? Investment-linked insurance? The list goes on. Once you've decided what kind of insurance you need, you then must figure out how much coverage you need and what type of policy is best for you. It's a lot to take in, which is why we've compiled this list of 8 insurance tips to help you choose the right policy. 

## How to choose the right insurance 

If you have responsibilities, you understand [why insurance is important](/articles/learn/types-of-insurance-in-the-philippines). But you can get just any type of insurance. You must select your policy carefully to maximize your investment in the insurance. Here are tips on how to choose the best insurance policy:  

1. **Determine what kind of insurance you need**  

	The first step is to assess your needs and determine what kind of insurance is right for you. Do you need a [Life Insurance Plan](/insurance-life)? Perhaps it's a  [Health Insurance Plan](/insurance-health) you're searching for? Or maybe it's even a combination of both?

	When choosing what type of insurance to get, it's important to understand the differences between the various insurance policies. Understanding the difference, such as [life vs health insurance](/articles/learn/life-health-insurance-difference), would help you determine which one matches your needs. 

	Begin by determining what is most important for you to insure - your home, car, health, or income. What would happen to your finances if any of these were damaged or lost? How much would it cost to rebuild, replace, or recover them? If these could lead to significant financial losses, you should consider getting insurance covering them.

	Next, take into account any potential risks in your industry or line of work. Are there specific hazards that could lead to a loss of property or income? Don't forget to factor in any legal requirements in your state or profession. 

	Once you have a clear picture of the kind of insurance protection you need, you can compare different policies and choose the coverage that best fits them. 
	
2. **Compare rates and coverage** 

	People with [good money habits](/articles/learn/right-vs-wrong-money-habits) never buy anything impulsively. The same should apply to insurance. 

	When shopping for insurance, it's not enough to just go with the first quote you receive. Different insurers have varying rates and coverage options, so do your research and compare multiple policies before making a decision.

	Here’s a practical insurance tip: Don't limit yourself to just one or two companies—aim for at least three quotes so you can evaluate your options in depth. It may seem like an extra step, but taking the time to compare rates and coverage could save you a lot of money in the long run. 
	
3. **Consider your budget** 

	It's always important to consider your budget when getting insurance. However, you need to be able to strike a balance and not sacrifice the coverage you need in order to save money on premiums.

	It may be tempting to go with the cheapest policy, but if it ends up not covering certain expenses or has a low payout limit, you could end up paying out of pocket in the long run. That's why it's crucial to carefully review policies and make sure they meet your needs before making a decision.

	To get the most suitable insurance for your needs, consider your other sources of income. For example, you may [invest your year-end bonus](/articles/learn/13th-month-pay-bonus-ideas) in insurance that matches your needs. 
	
4. **Read the fine print**  

	Make sure that you fully understand what is included in your policy before signing on the dotted line. Don't be afraid to ask about exclusions, such as what events or situations are not covered by the policy. And don't forget to inquire about the waiting period or the amount of time after purchasing the policy that must pass before certain benefits can be availed. Also, take note of the claims process - how do you go about receiving benefits in case of an emergency? Asking these crucial questions before signing will help ensure that you have solid coverage and peace of mind in case of unexpected circumstances.

5. **Ask questions** 

	Each policy is unique and may contain language or terms that may be confusing or unfamiliar. That's why it's important to ask questions and make sure you fully understand what your policy covers and what it doesn't. Don't be afraid to reach out to the insurer directly or speak with your agent or broker for clarification. It's always better to ask now rather than face unexpected consequences in the future.

	Here are some important insurance questions to ask your agent before committing to a policy: 
	* What is excluded from the insurance coverage? 
	* How long does it take for benefits to be paid out? 
	* Will this health insurance plan still be right for me if my health changes/declines? 
	* Are there extra perks or benefits that come with this plan? 
	* Will the age of the house affect the premium of my home insurance? 
	* What is the process for filing a claim? 
	* Does this insurance policy have a lock-in period?   

6. **Purchase only what you need** 

	Another tip, particularly for health insurance, to keep in mind is to pay for only what you need.

	When shopping for insurance coverage, it can be tempting to think that more is always better. However, this isn't necessarily true. It's important to carefully consider your needs and purchase a policy that covers those needs without going overboard.

	After all, insurance coverage isn't meant to provide a blanket of protection for every possible scenario; instead, it should serve as a safety net in the event of unforeseen circumstances. By only purchasing the coverage you need, you can save money on premiums and avoid paying for unnecessary coverage. 
	
7. **Review your policy regularly** 

	As we navigate through life, our needs and priorities inevitably change. This applies to insurance as well. It's important to regularly review your policy to see if it still aligns with your current circumstances. Perhaps you no longer need as much coverage for certain things or require additional coverage for others. Or maybe you're at a different stage of life, such as starting a family or buying a home, which may require new insurance considerations.

	Regardless, it's best to stay on top of these changes and update your policy accordingly. 
	
8. **Shop around** 

	One of the most important tips for buying insurance is to compare your current policy with new policies periodically to ensure that it still meets your needs. Don't be afraid to shop around for new policies or switch insurers if you come across a better deal. It's always worth taking the time to research and compare quotes from different companies.

	When it comes to switching insurance providers, timing is crucial. Many insurance policies have a lock-in period during which you cannot switch carriers without facing penalties and losing the savings component of your plan. It's important to check the details of your contract before making a change, as jumping ship too soon can end up costing you more in the long run. 
	
## Still looking for the right insurance policy? 

Insurance is a long-term investment that can empower you to live without worries and achieve financial freedom. This is why it’s important to learn how to choose the best insurance policy so you can maximize its benefits. 

Explore [life insurance offerings in the Philippines](/insurance/life) and find the one that suits your current and future needs. 

Here are some insurance tips that will help you make the best decisions when it comes to your protection.

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