There are situations where paying by card simply isn’t an option. Whether it’s a bank transfer, tuition payment, or a time-sensitive expense, having cash on hand can make a big difference.
This is where Metrobank Cash2Go becomes useful. It allows you to convert a portion of your credit card limit into cash, which is then deposited directly into your bank account and repaid through fixed monthly installments.
For many cardholders, it’s a convenient way to access funds without going through a separate loan application.
What Metrobank Cash2Go Is
Cash2Go is a credit-to-cash installment feature available to eligible Metrobank credit cardholders.
Instead of using your card to make purchases, you request a specific amount from your available limit. Once approved, Metrobank transfers the funds to your chosen bank account. From there, the amount is repaid over a fixed term, with a set monthly payment.
Loan terms typically range from a few months up to several years, giving you flexibility depending on your financial plans.
Key Information: Metrobank Cash2Go at a Glance
| What it is | Credit card-to-cash installment feature (convert part of your credit limit into cash) |
| How to access | Available via Metrobank hotline, email offers, or the Metrobank app (for eligible cardholders) |
| Minimum amount | Starts at ₱6,000 |
| Maximum amount | Depends on your available credit limit and bank approval |
| Processing fee | ₱350 per transaction |
| Interest rate | – Monthly add-on rate (typically around 1%, lower during promos) – Rate is fixed for the entire term |
| Repayment structure | – Fixed monthly installment – Amount and duration are set upon approval |
| Available terms | 3 to 60 months |
| Disbursement speed | Usually within 5 to 7 banking days after approval |
| Where funds are sent | Any enrolled local bank account under your name |
| Impact on credit limit | Approved amount is deducted from your available credit limit |
| Early repayment | – Pre-termination allowed – Subject to pre-termination fee (typically a % of remaining balance or minimum fee) |
| Rewards eligibility | Not eligible for rewards points, miles, or cashback |
| Purpose/use | Can be used for any purpose (no need to declare usage) |
How It Works in Practice
The process is designed to be straightforward. After submitting your request through Metrobank’s available channels, your application is reviewed. Once approved, the funds are credited to your account within 7 business days.
Repayment then follows a fixed monthly schedule. Because the payment amount is predetermined, it’s easier to plan around compared to revolving credit card balances.
This structure is one of the main reasons many cardholders consider using Cash2Go, it provides clarity from the start.
Understanding the Interest Structure
Cash2Go uses what’s called an add-on rate, which is typically quoted as a monthly percentage.
At first glance, this makes it easy to estimate costs since the rate remains consistent throughout the term. The total repayment is also usually presented upfront, allowing you to see the full picture before confirming.
For those comparing options, it’s helpful to note that this structure differs from traditional loans where interest is calculated on a declining balance. With Cash2Go, the computation is simpler and more predictable, which some users find easier to follow.
Access the Metrobank Cash2Go calculator here.
Fees and Charges
Like most credit-based services, Cash2Go includes a few standard fees.
- One-time processing fee per transaction
- Monthly add-on rate
- A pre-termination fee if you choose to settle your balance before the end of the term
Reviewing these details beforehand helps you understand the full cost and choose a term that fits your needs.
Cash2Go vs Regular Cash Advance
Both Cash2Go and cash advance provide access to funds from your credit card, but they work differently.
Cash advances are designed for immediate withdrawals, usually through ATMs, and are often used for short-term needs. Cash2Go, on the other hand, is structured as an installment plan with fixed payments over time.
Because of this, Cash2Go is often chosen for situations where a larger amount is needed and where a structured repayment schedule is preferred.
How Cardholders Typically Use Cash2Go
In everyday use, Cash2Go is often considered for planned or essential expenses where direct cash is required.
Some examples include:
- Education-related payments
- Medical or emergency expenses
- Home-related costs or repairs
- Consolidating other obligations into a single monthly payment
The flexibility in terms and the ability to receive funds directly into a bank account make it adaptable to different financial situations.
What to Expect as a User
One of the most noticeable aspects of Cash2Go is how predictable it feels once the plan is in place.
You know your monthly payment, your repayment period, and your end date from the beginning. This makes it easier to incorporate into your monthly budget.
At the same time, since the amount is taken from your credit limit, your available limit will be reduced accordingly until the balance is paid down over time.
Final Thoughts
Metrobank Cash2Go offers a practical way to access cash using your existing credit card, with the added benefit of structured repayment.
For cardholders looking for a predictable installment setup and direct fund transfer, it can be a useful option to consider. As with any financial product, taking a moment to review the terms and understand how it fits into your plans helps you make the most of it.
Looking for other credit-to-cash options? Check out these articles.
Turning Credit Limit to Cash Collections
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