Here’s where you can get free InstaPay and PESONet transfers in the Philippines 2025

Filipino consumers looking to avoid interbank transfer fees now have more options than ever. Several banks and e-wallet providers in the Philippines currently offer free InstaPay and PESONet transfers either unli­mited or within set quotas, making digital payments and fund transfers more affordable across different user segments.

Here’s a breakdown of banking and e-wallet apps that offer free transfers, including the conditions attached to each.

Unlimited FREE InstaPay Transfers (Priority / Affluent Accounts)

Some traditional banks extend unlimited InstaPay transfers to premium or priority clients:

• RCBC Hexagon Club Priority
• Security Bank Gold Circle
• Bank of the Philippine Islands (BPI) Preferred

These benefits are typically tied to maintaining higher account balances or meeting priority banking requirements.

Waived Fees for Low-Value Transfers

For everyday users, some banks waive fees for small transactions:

• Land Bank of the Philippines
  • Free for transfers worth PHP 1,000 and below
  • First three InstaPay or PESONet transfers per day
• Metropolitan Bank & Trust Company (Metrobank)
  • Free InstaPay transfers for PHP 1,000 and below

Unlimited FREE PESONet Transfers

Several digital banks and wallets allow unlimited PESONet transfers, typically processed within the same banking day:

• Maya (Maya Savings)
• GoTyme Bank
• UnionBank of the Philippines
• Komo
• HSBC Philippines
• EastWest Bank
• UNO Digital Bank
• Coins.ph

Some of these offers may require referral or company codes during sign-up.

Unlimited FREE InstaPay (Select Apps)

These platforms currently offer unlimited free InstaPay transfers:

• BPI BanKo
• Vybe
• Bayad

Limited Free Transfers (With Quotas)

Other banks provide free transfers up to a monthly or weekly limit:

• MariBank
  • 15 free InstaPay or PESONet transfers per week
  • PHP 15 per transfer beyond the quota
• CIMB Bank Philippines
  • 2 free InstaPay transfers per day
  • Unlimited free PESONet
  • PHP 10 per InstaPay beyond free quota
• GoTyme Bank
  • 20 free InstaPay transfers per month
  • Unlimited free PESONet
• Metrobank eSavings
  • 4 free InstaPay transfers per month via rebates

Unlimited FREE InstaPay and PESONet

A few digital banks offer both transfer rails completely free:

• OwnBank
• Netbank
• UnionDigital Bank

As digital banking adoption continues to grow in the Philippines, competition among banks and e-wallets is driving more consumer-friendly pricing especially when it comes to fund transfers. Users are encouraged to check each platform’s latest terms, as free transfer policies may change over time.