Guide on UnionBank Corporate Visa Credit Card Features & Requirements for Application
UNIONBANK CORPORATE VISA CREDIT CARD – You can check here the features and requirements in applying for this offer.
Are you looking for a credit card that you can use in your business? In the Philippines, one of the trusted entities that you may turn to for it is the UnionBank.
There are several banks in the Philippines and one of those that have earned the trust of millions of Filipinos is the UnionBank. It is operating in the country since 1969 and, through the years, the reputable banking entity has continuously grow its offers.
Aside from the loan offers which include the UnionBank Personal Cash Loan, the bank also got credit card offers. For companies, it has the UnionBank Corporate Visa credit card.
The UnionBank loaded its credit card offers with excellent features. Here are the benefits and features of the UnionBank Corporate Visa credit card offer:
- easily monitor the business’ expenses through the web-based system called Visa Spend Clarity Enterprise that allows the automation of expenses reporting and management processes
- get a consolidate view of all the expenses of the cardholders enrolled in the Your Corporate Card Program
- global acceptance to over 29 million establishments
- enjoy free access to selected Marhaba and PAGSS airport lounges by simply presenting your valid UnionBank credit card and a photo-bearing ID
- employees have access to cash advance
- up to Php 5 million travel insurance coverage when the travel ticket is charged to the UnionBank Corporate Visa Credit Card
- enjoy the lowest annual fee at Php 1,500 per card only and the lowest cash advance fee at 2.9%
- enjoy 0.5% cash rebates every time you use your UnionBank Corporate Visa Credit Card for your spending
- Inhouse Installment feature that allows cardholders to pay in fixed monthly installments for a cash advance from the credit limit, the conversion of straight retail transactions, and the transfer of balances from non-UnionBank credit cards
- exclusive perks, freebies and privileges from countless partner merchants
- up to 53 days credit term with zero interest
- 24-Hour Customer Service
- convenience payment of bills through your UnionBank Corporate Visa Credit Card
- up to Php 2.5 million credit insurance in case of unforeseen life events
- flexible payment terms as you can choose between paying only 4% of the total outstanding balance or Php 400, whichever is higher
- convert your rewards points into something you enjoy
Who are qualified to apply for the UnionBank Corporate Visa credit card offer? Here are the eligibility requirements set by the bank in applying for the loan offer:
- at least 21 years old
- has a postpaid line or postpaid mobile phone
- a resident of the Philippines, with a valid Philippine billing address
- has a Tax Payer’s Identification Number (TIN) and SSS/GSIS/UMID Number
- other bank credit card accounts in good credit standing
To apply for the UnionBank Corporate Visa Credit Card offer, there are documents that you need to prepare and submit to the bank. There are varying requirements among the employed and self-employed Filipinos and the foreign nationals who wish to apply for the loan offer.
Here are the requirements in applying for the credit card offer of the UnionBank:
Employed & Self-Employed Individuals
- duly-accomplished UnionBank Credit Card Application Form
- one (1) photo-bearing, government-issued ID with identification number or date of birth
- proof of income (whichever is applicable):
- Pay Slip
- BIR Form 2316
- Original Certificate of Employment
- Latest ITR (1700 or 1701) with BIR or Bank Stamp
Foreign Nationals
- duly-accomplished UnionBank Credit Card Application Form
- photocopy of a valid passport or ACR
- Any of the following proofs of local residency:
- Immigrant Certificate of Residency (ICR)
- ACR-I-Card with Visa status “Permanent”, otherwise, should be valid for more than 1 year
- Visa and Work Permit/Alien Employment Permit (AEP) with validity of more than 1 year
- Special Resident Investors Visa (SRIV)
- Special Resident Retirement Visa (SRRV)
- For top 2000 companies, employment contract or letter from company HR printed on company letterhead with name, position and confirmation of term
