PNB Diamond UnionPay: fees, interest and requirements
The PNB Diamond UnionPay has an annual fee of ₱3,000 a year, waived in the first year, charges 3% a month on unpaid balances and needs a minimum income of ₱600,000 a year.
Verdict: Worth it if the points you redeem are worth more than ₱3,000 a year. The first year is free. Skip it if you earn under ₱600,000 a year.
From PNB Applicable Credit Card Fees and Charges (June 2026 v2). Interest cap, in force since 2023: BSP Circular No. 1165, s.2023.
₱20,000 repaid in 3 equal monthly payments at 3% a month costs ₱1,212 in interest; add the ₱3,000 annual fee and a year comes to ₱4,212, 64th lowest of 127 cards open to the public (tied with 14).
PNB's closest card is the PNB Platinum Mastercard. Against it, this card runs on UnionPay, not Mastercard and has different perks.
BSP supervised: Philippine National Bank, universal and commercial bank, BSP institution ID 34, is on the BSP Verifier list dated Sep 28, 2026.
What the PNB Diamond UnionPay gives you
- PHP 70 = 1 rewards point = 1 Mabuhay Mile (redeemable in blocks of 2,000 points); 4 rewards points = P1 Cash Credit (redeemable in blocks of 500 points) PNB card page
- Enjoy exclusive perks and discounts when you shop across Asia with UnionPay Global Offers same page
- Free Travel Insurance: Up to P10M covered when you charge your entire roundtrip land, air, or sea tickets to your PNB Diamond UnionPay. Travel-related concerns such as flight delay and lost baggage are covered. same page
- Free Purchase Protection Insurance: Up to P250k covered annually. Your purchased items are covered against accidental damage and theft within 90 days from date of purchase. same page
- Experience 0% installment up to 24 months when you shop from select PNB-affiliated partner merchants. same page
Who should get the PNB Diamond UnionPay
| If | Then |
|---|---|
| You pay in full every month and want a rewards points card | The EastWest Puregold Always Panalo Visa (EastWest) asks the same or a lower income and costs ₱1,800 a year less. Pick the PNB Diamond UnionPay only if its rewards are worth more than that to you. |
PNB Diamond UnionPay downsides, and what a late payment costs
- The ₱3,000 fee is charged every year after the waiver ends.
- Foreign currency purchases cost 2.5% extra.
If you pay late: PNB charges up to ₱1,000, and 3% a month interest runs on what is unpaid. Safe action: pay at least the minimum due by the due date, or the full balance to pay no interest.
PNB Diamond UnionPay annual fee, interest and charges
| Charge | PNB Diamond UnionPay | When, and the rule |
|---|---|---|
| Annual fee | ₱3,000 a year Supplementary: free | Free for the first year. Supplementary cards have no annual fee for life. Fee table: PHP 3,000 for Platinum Mastercard, Mabuhay Miles Platinum Mastercard, Diamond UnionPay, LSGHAA Platinum Mastercard, and JCB Platinum.PNB fee table, June 2026 |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same table |
| Cash advance | ₱200 a withdrawal | The BSP maximum (Circ. 1165). same table |
| Late payment | ₱1,000 | same table |
| Foreign transactions | 2.5% | same table |
Figures from PNB Applicable Credit Card Fees and Charges (June 2026 v2), PNB Credit Card Application Form (PNBCardsOmnibusAF_JUN2026). BSP ceilings: BSP Circular No. 1165, s.2023. How PNB words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: PNB billing rules.
Requirements and how to apply
Income: at least ₱600,000 a year (about ₱50,000 a month). bank page
Apply with the button below. Channels, documents, status and hotline: PNB contact and requirements.
Interest on your own balance
- Interest you pay at 3% a month:
- ₱1,212
- Monthly payment:
- ₱7,071
- Total you pay:
- ₱21,212
Against similar cards from other banks
| Card | Annual fee | Interest a month | ₱20,000 over 3 months, plus fees | Minimum income |
|---|---|---|---|---|
| PNB Diamond UnionPay PNB | ₱3,000 a year first year free | 3% | ₱4,212 | ₱600,000 a year |
| UnionBank Miles+ Platinum Visa UnionBank | ₱3,000 a year | 3% | ₱4,212 | ₱600,000 a year |
| UnionBank Go Rewards Gold Visa UnionBank | ₱3,000 a year | 3% | ₱4,212 | ₱360,000 a year |
| UnionBank Cebu Pacific Gold UnionBank | ₱3,000 a year | 3% | ₱4,212 | ₱360,000 a year |