What Is a UnionPay Credit Card and Where Can You Use It?
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What Is a UnionPay Credit Card and Where Can You Use It?
If you’re considering getting your first credit card in the Philippines, you’ve probably heard of Visa, Mastercard, and American Express. But there’s another major player you might not know much about — UnionPay.
UnionPay credit cards are becoming increasingly popular in the Philippines, especially for travelers and online shoppers. But what exactly is a UnionPay card? How does it work? And where can you use it?
In this guide, we’ll break down everything you need to know about UnionPay credit cards, their features, benefits, promos, and whether they’re right for you as a first-time credit card user.
What Is a UnionPay Credit Card?
UnionPay is a global payment network founded in China in 2002. It’s one of the largest card payment organizations in the world, alongside Visa and Mastercard. While it started in China, UnionPay is now accepted in 180+ countries, including the Philippines.
Several Philippine banks issue UnionPay credit cards, making them a solid choice for Filipinos who:
Shop online, especially on Asian e-commerce platforms
Travel frequently within Asia
Want lower foreign exchange fees compared to other card brands
Why Choose a UnionPay Credit Card?
If you’re a first-time credit card user, here’s why a UnionPay card might be a good option:
1. Wide International Acceptance
UnionPay cards are widely accepted in over 180 countries, especially across Asia. If you travel often or shop on platforms like Alibaba, Shopee, and Lazada, a UnionPay card can be very convenient.
2. Lower Foreign Transaction Fees
Compared to Visa and Mastercard, UnionPay often offers lower foreign exchange conversion fees, which helps you save when making purchases abroad or online in other currencies.
3. Attractive Promos and Discounts
UnionPay partners with merchants, restaurants, airlines, and hotels to give exclusive deals for cardholders. These promos often focus on dining, shopping, and travel perks, making it ideal if you love lifestyle rewards.
4. Enhanced Security Features
UnionPay cards use EMV chip technology and advanced 3D Secure authentication for online payments, providing better protection against fraud.
UnionPay Credit Card Features
Feature
Details
Annual Fee
Starts at around ₱1,200 to ₱3,000 depending on the bank
Interest Rate
Approximately 2.75% to 3% per month
Rewards Program
Earn 1 point per ₱30–₱50 spent, redeemable for cashback, travel, or vouchers
Cash Advance
Up to 70% of your credit limit
Overseas Acceptance
Accepted in 180+ countries, best for Asian destinations
Security
Includes EMV chips, OTP verification, and 3D Secure for safer online shopping
How to Apply for a UnionPay Credit Card
Applying for a UnionPay card is simple, even if it’s your first time. Here’s a step-by-step guide:
Step 1: Choose a Bank and Card Type
Different banks in the Philippines offer UnionPay cards, including BDO, RCBC, and EastWest Bank. Choose based on your spending habits:
For rewards → Look for cards with higher points per peso spent.
For travel perks → Choose one with free airport lounge access and travel insurance.
For beginners → Opt for entry-level UnionPay cards with lower income requirements.
Step 2: Prepare Your Requirements
Most banks will ask for:
At least 1 valid government-issued ID
Latest payslips or Certificate of Employment (COE)
Latest Income Tax Return (ITR) or bank statements (for self-employed)
Proof of billing (e.g., utility bill, credit card statement, etc.)
Step 3: Submit Your Application
You can apply online via the bank’s website or in person at any branch.
Step 4: Wait for Approval
Approval can take 5 to 10 business days, depending on the bank and your documents. First-time applicants with stable income usually get faster approvals.
Where Can You Use a UnionPay Credit Card?
UnionPay is widely accepted both locally and internationally:
In the Philippines
Major malls like SM, Robinsons, and Ayala Malls
Restaurants and cafes
Online shops like Lazada and Shopee
Airlines, travel agencies, and hotel bookings
Internationally
UnionPay is especially popular in:
China, Hong Kong, and Macau
Japan and South Korea
Singapore, Thailand, Malaysia, and Vietnam
Some European and Middle Eastern countries
💡 Pro Tip: Always check the merchant’s accepted payment networks before making a purchase abroad to ensure your UnionPay card works.
UnionPay Promos in the Philippines (2025)
UnionPay frequently runs exciting promos with its partner banks and merchants. Examples include:
Dining Discounts → Up to 30% off in selected restaurants
Shopping Perks → Cashback or free gift vouchers in partner malls
Travel Deals → Discounts on hotel bookings, airfare promos, and free travel insurance
Zero-Interest Installments → Spread payments over 3, 6, or 12 months without extra cost
Estimate Your Monthly Costs Before Applying
Before getting your first UnionPay credit card, it’s important to know how much you’ll actually spend each month.
