UnionBank Miles+ World Mastercard: fees, interest and requirements
The UnionBank Miles+ World Mastercard has an annual fee of ₱5,000 a year, charges 3% a month on unpaid balances and needs a minimum income of ₱360,000 a year.
Verdict: Worth it if you fly often enough that its miles or lounge access are worth more than ₱5,000 a year to you. Skip it if you earn under ₱360,000 a year or if you spend a lot abroad (3.525% 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 ₱5,000 annual fee and a year comes to ₱6,212, 103rd lowest of 127 cards open to the public (tied with 10).
UnionBank's closest card is the UnionBank Miles+ Visa Signature. Against it, this card earns rewards on different terms, runs on Mastercard, not Visa and has different perks.
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 Miles+ World Mastercard gives you
- 1 never-expiring UB mile per ₱30 spent, convertible to airline miles or cash credits UnionBank page
- Convert your UB miles to redeem airline miles for your future travels or redeem cash credits that you can use to offset your next purchase same page
- Never-expiring UB miles; use anytime you want same page
- VIP lounge access at select lounges here and abroad with free DragonPass Membership and two (2) complimentary visits per membership year same page
- Up to PHP1 million in insurance coverage when you charge your travel tickets to UnionBank Miles+ Credit Card same page
Who should get the UnionBank Miles+ World Mastercard
| If | Then |
|---|---|
| You pay in full every month and want a travel and miles card | The Maya Black Credit Card (Maya) asks the same or a lower income and costs ₱5,000 a year less as long as you use it monthly. Pick the UnionBank Miles+ World Mastercard only if its rewards are worth more than that to you. |
UnionBank Miles+ World Mastercard downsides, and what a late payment costs
- The ₱5,000 yearly fee has no waiver on the fee table.
- Foreign currency purchases cost 3.525% 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 (₱500 on a ₱20,000 statement) by the due date, or the full balance to pay no interest.
UnionBank Miles+ World Mastercard annual fee, interest and charges
| Charge | UnionBank Miles+ World Mastercard | When, and the rule |
|---|---|---|
| Annual fee | ₱5,000 a year Supplementary: ₱2,500 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 | ₱500 on a ₱20,000 first statement | How UnionBank bills. same table |
| Late payment | ₱1,500 | same table |
| Foreign transactions | 3.525% | UnionBank card page |
Figures from UnionBank Table of Fees, as of July 2025, UnionBank card comparison. 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.
Apply for the UnionBank Miles+ World Mastercard on UnionBank's site
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 Miles+ World Mastercard UnionBank | ₱5,000 a year | 3% | ₱6,212 | ₱360,000 a year |
| BDO JCB Lucky Cat BDO | ₱150 a month | 3% | ₱3,012 | ₱180,000 a year |
| Maya Black Credit Card Maya | No annual fee if used monthly | 3% | ₱1,212 | ₱180,000 a year |
| PNB Essentials Mastercard PNB | ₱1,200 a year first year free | 3% | ₱2,412 | ₱120,000 a year |