UnionBank Gold Mastercard: fees, interest and requirements
The UnionBank Gold Mastercard has an annual fee of ₱2,500 a year, charges 3% a month on unpaid balances and needs a minimum income of ₱360,000 a year.
Verdict: Worth it if the cash back on your own spending comes to more than ₱2,500 a year. Skip it if you earn under ₱360,000 a year or if you spend a lot abroad (3% foreign fee).
From UnionBank Table of Fees, as of July 2025. 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 ₱2,500 annual fee and a year comes to ₱3,712, 48th lowest of 127 cards open to the public (tied with 13).
UnionBank's closest card is the UnionBank Gold Visa. Against it, this card earns 1% cash back on all purchases (the other: 1 point per ₱35 spent; points never expire) and runs on Mastercard, not Visa.
BSP supervised: Union Bank of the Philippines, universal and commercial bank, BSP institution ID 3, is on the BSP Verifier list dated Sep 28, 2026.
What the UnionBank Gold Mastercard gives you
- 1% cash back on all purchases UnionBank card page
Who should get the UnionBank Gold Mastercard
| If | Then |
|---|---|
| You pay in full every month and want a cash back card | No cash back card from another bank costs less a year for the same or a lower income. |
UnionBank Gold Mastercard downsides, and what a late payment costs
- The ₱2,500 yearly fee has no waiver on the fee table.
- Foreign currency purchases cost 3% extra.
If you pay late: UnionBank charges up to ₱1,500, and 3% a month interest runs on what is unpaid. Safe action: pay at least the minimum due (₱800 on a ₱20,000 statement) by the due date, or the full balance to pay no interest.
UnionBank Gold Mastercard annual fee, interest and charges
| Charge | UnionBank Gold Mastercard | When, and the rule |
|---|---|---|
| Annual fee | ₱2,500 a year Supplementary: ₱1,250 a year | UnionBank fee table, July 2025 |
| 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 |
| Minimum due | ₱800 on a ₱20,000 first statement | Paying only the minimum, ₱20,000 takes about 109 months to clear and about ₱35,484 in interest. How UnionBank bills. same table |
| Late payment | ₱1,500 | same table |
| Foreign transactions | 3% | UnionBank card page |
Figures from UnionBank Table of Fees, as of July 2025, UnionBank credit card requirements. BSP ceilings: BSP Circular No. 1165, s.2023. How UnionBank words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: UnionBank billing rules.
Requirements and how to apply
Income: at least ₱360,000 a year (about ₱30,000 a month). bank page
Apply with the button below. Channels, documents, status and hotline: UnionBank 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 |
|---|---|---|---|---|
| UnionBank Gold Mastercard UnionBank | ₱2,500 a year | 3% | ₱3,712 | ₱360,000 a year |
| Toyota Mastercard Metrobank | ₱2,500 a year first year free | 3% | ₱3,712 | ₱180,000 a year |
| PNB Cashback Titanium Mastercard PNB | ₱2,500 a year first year free | 3% | ₱3,712 | ₱120,000 a year |
| Toyota Platinum Mastercard Metrobank | ₱2,800 a year first year free | 3% | ₱4,012 | ₱350,000 a year |