Benefits of Unionbank Ph EON Account

I already have a bank account with Bank of the Philippine Islands (BPI) so I have intention of opening any account with other banks. That's why it is unusual for me to open another bank account with Unionbank Ph. The reason that I opened an account with this bank is that I needed to verify my Paypal account. Only the EON account of Unionbank Ph is capable of verifying the Paypal account aside from using credit cards.

We can say that I opened an Unionbank Ph EON account just for the sake of Paypal. I thought that that is the only benefit that I will get from EON.

I was wrong because there are other benefits that I got when I opened an EON account. Here are some of the benefits that I got with Unionbank Ph EON account.

1. Another savings account – Unionbank Ph EON account is a savings account that earns interests. The interest is not that big but a little is better than nothing, right?

2. Paypal benefits – As I had said, I used my EON account to verify my Paypal account. Another good thing that EON can do is funding your Paypal. This means that you can add funds to your Paypal directly from EON. Thus, you can shop using Paypal as long as there's money in your EON account.

3. Pay your bills online – you can register an online account with your EON. This online account can be used to pay your bills online.

4. 24/7 Access – ATM too far away to check your balance? No need to fret. Just go to Unionbank Ph website and log-in to your EON online account to check the balance of your account.

5. Worldwide withdrawal – Unionbank Ph EON card can be used to withdraw money from any VISA PLUS ATM worldwide. So, you don't have to be anxious when you're abroad and need money. Just withdraw many from VISA PLUS ATM.

These are the benefits that you can get with Unionbank Ph EON card.

Visit my post about applying for EON account so you can enjoy these benefits.

Verify Paypal Using Unionbank EON Card

In the previous post, I talked about how to apply for a Unionbank EON card. Now let's talk about how to verify your Paypal account using your Unionbank EON card.

However, before you can use your Unionbank EON Card, you must follow these tips:

1. Deposit funds to your Unionbank account. Paypal requires a fee of 100 pesos or equivalent in your Unionbank account before you can use your EON card to verify your Paypal. The 300 pesos fee that you paid when you applied for Unionbank EON card is not deposited to your account that's why you still need to deposit funds to your Unionbank account.

2. Apply to Unionbank online banking. Go to Unionbank website to register your EON card. This is important because Paypal will send the verification code to your Unionbank online account.

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After that, log in to your Paypal account and just follow the steps given there. The steps given by Paypal are quite easy.

After you linked your Paypal Account to your Unionbank account, you will need to log-in to your Unionbank Online Banking to see the verification code. Your Paypal will be verified after you input the verification code. After that you will see this image in your Paypal account:

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If you so that then you have to congratulate yourself because you successfully verified your Paypal using your Unionbank EON card.

How to Apply for Unionbank's EON Card

Note: I noticed that UnionBank made some changes for the application of EON card. Thus this article was updated to reflect those changes.

Last week, I tried to purchase a book using my Paypal account. The problem is that I can't purchase the book because Paypal is preventing me because I haven't linked my account yet to any credit or debit card. I tried, in vain, to use my BPI ATM Card as a debit card so that I can finally verify my Paypal account. Even though my BPI ATM Card a VISA logo on the back, Paypal can't accept it for verifying my account.

I called BPI customer service and they said that they don't have special arrangement with Paypal so my BPI ATM Card can't be used to verify my account.

I discovered that only Unionbank is the only bank in the Philippines that has special arrangements with Paypal. In the Philippines, only Unionbank's EON Card is accepted by Paypal as a debit card that can be used to verify Paypal accounts. Because of this, I was forced to apply for Unionbank EON Card.

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Requirements for Unionbank EON Card Application

Here are the requirements for Unionbank EON Card according to Unionbank's website:

1. Unionbank EON Card Application form – This can be downloaded from Unionbank's website. This is also available from any Unionbank branch and you can fill it up when you apply for Unionbank EON Card.

2. One photo-bearing valid ID. You can see the list of valid IDs this page of UnionBank's website.

3. 350 Pesos – This is the fee that you have to pay when applying for Unionbank EON Card.

How I Applied for Unionbank EON Card

I went to the Unionbank branch near my office. I told the Unionbank teller that I am applying for a Unionbank EON Card. I was given an application form, which I filled up. Also, the Unionbank teller will ask for my IDs, which she photocopied. The application for the Unionbank EON Card is done after filling up the application form. I did not paid the application fee yet. I paid the application fee after I got my Unionbank EON Card three days later.

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Applying for Unionbank EON Card is easy and I got my EON Card within the week. According to the teller, the waiting time for the Unionbank EON Card depends on the number of people applying for Uninonbank EON Card. It is good that only few people are applying for Unionbank EON Card that's why I got my card after three days.

Now, I am ready to verify my Paypal account and buy that book.

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