UnionBank U Visa Platinum: fees, interest and requirements
The UnionBank U Visa Platinum 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 U Platinum Mastercard. Against it, this card runs on Visa, not Mastercard 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 Visa Platinum gives you
- Pay at least the minimum due on time and get 10% of your interest charges back UnionBank card page
- No over-limit fees same page
- Late payment fee waived same page
UnionBank U Visa Platinum 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 Visa Platinum annual fee, interest and charges
| Charge | UnionBank U Visa Platinum | 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.
Interest on your own balance
- Interest you pay at 3% a month:
- ₱1,212
- Monthly payment:
- ₱7,071
- Total you pay:
- ₱21,212