Guide on UnionBank Reserve World Elite Credit Card Features & Requirements for Application
UNIONBANK RESERVE WORLD ELITE CREDIT CARD – You can check here the features and requirements in applying for this offer.
Credit cards are among those that you can acquire to prepare for the unforeseen financial emergencies. As long as you know how and when to use it, credit cards bring the cardholders a lot of benefits. Are you excited to apply for one?
In the Philippines, one of the entities that you may turn to for credit card offers is the UnionBank. Aside from the UnionBank Go Rewards Visa Credit Card, the reputable bank also has the UnionBank Reserve World Elite Credit Card offer.
The UnionBank Reserve World Elite Credit Card is packed with excellent benefits and privileges for the cardholders which are as follows:
- earn non-expiring points for every purchase of at least Php 30.00 charged to your UnionBank Reserve World Elite credit card
- enjoy 5x more points when dining, online shopping, and foreign currency spend in the Philippines and abroad
- use your points to redeem gadgets, cash credits, and a lot more
- access to 24/7 Global Conceirge Service with in-country experts that are ready to assist you anytime
- enjoy complimentary 4th night stay at any hotel accommodation booked through the Concierge
- enjoy access to more than 1,400 airport lounges across the nation through the Priority Pass
- enjoy complimentary luxury airport transfers
- sharing of access with your family members through a Supplementary Card
- up to Php 20 million insurance coverage when travel tickets are charged at the UnionBank Reserve World Elite Credit Card
- complimentary 30-Day Purchase Protection coverage for items purchased through the credit card charging
- easy and fast access to cash advance
- 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
- up to 53 days credit term with zero interest
- 24-Hour Customer Service
- up to Php 2.5 million credit insurance in case of unforeseen life events
- worldwide acceptance
- exclusive perks, freebies and privileges from countless partner merchants
- convenience payment of bills through your UnionBank Reserve World Elite Credit Card
- flexible payment terms as you can choose between paying only 4% of the total outstanding balance or Php 400, whichever is higher
In applying for the UnionBank Reserve World Elite Credit Card, just like in applying for other credit card offers, there are qualifications that the applicant must meet to be eligible to apply for the offer. Here are the eligibility requirements set by the bank:
- 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
With regards to the documentary requirements in applying for the UnionBank Reserve World Elite Credit Card, there are different lists of documentary requirements among the employed and the self-employed individuals.
Furthermore, there is also a different list of requirements for foreign nationals. Here are the documents required by the bank in applying for the credit card offer:
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