UnionBank U Platinum Mastercard: fees, interest and requirements
The UnionBank U Platinum Mastercard has no annual fee and charges 3% a month on unpaid balances.
Verdict: Worth it as a no-fee card you pay in full each month.
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 and there is no annual fee to add, 2nd lowest of 127 cards open to the public (tied with 12).
UnionBank's closest card is the UnionBank Cash Back Titanium Mastercard. Against it, this card costs nothing instead of ₱4,500 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 U Platinum Mastercard gives you
- Pay at least the minimum due on or before the due date and get 10% back on interest charges UnionBank page
- No Late Payment fees & Over-limit fees same page
UnionBank U Platinum Mastercard downsides, and what a late payment costs
If you pay late: UnionBank charges no late fee on this card, 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 U Platinum Mastercard annual fee, interest and charges
| Charge | UnionBank U Platinum Mastercard | When, and the rule |
|---|---|---|
| Annual fee | No annual fee Supplementary: free | No annual fee for life on principal and supplementary cards, with no conditions. Fee table: No credit card annual feeUnionBank 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 | None | same table |
| Foreign transactions | See the rule | 1% Visa or Mastercard assessment fee plus up to 2.525% UnionBank service fee. same table |
Figures from UnionBank Table of Fees, as of July 2025. 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
Apply with the button below. Channels, documents, status and hotline: UnionBank contact and requirements.
Apply for the UnionBank U Platinum 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