I used the PSBank Debit Mastercard for years. Totally free. You can use it like a Mastercard and the limit is whatever you have in your account. Or just use it as a debit card.

 

Charly, if the aim is to use it in the Philippines, don't bother with a creditcard, a debit card from your local bank here does the trick just as well.
As for a proper creditcard, my Dutch bank charges me 2€ a month for their version of Mastercard, I imagine most international banks have a similar proposition.