Metrobank has lowered its InstaPay transfer fee to P8 per transaction starting February 1, 2026, down from P25, as part of its effort to encourage wider use of digital payments.
The new rate is the bank’s lowest so far and places it among providers offering cheaper InstaPay transfers in the market. Transfers between Metrobank accounts remain free.
The lower fee applies to instant fund transfers made through the bank’s digital channels, commonly used for household expenses, bill payments, and small business transactions.
“By lowering our InstaPay fee to P8, we are making digital payments more convenient for our customers,” said Ramon Del Rosario, Metrobank’s Consumer Business Sector head. “It’s about supporting Filipinos in their day-to-day financial needs.”
“We just want our clients to have more options,” he added. “Every transaction should be simple, secure, and now, more affordable.”
The bank said the move complements its digital banking offerings, including its eSavings account, which was launched last year. The account requires a minimum deposit balance of P2,000 and is aimed at first-time depositors and online users.
Customers can access the lower InstaPay fees and free internal transfers through the Metrobank App or by opening an account at any Metrobank branch.
