If you read my other blog, you know how I hated Bank of the Philippine Islands (BPI) Family Bank some time back because of their inefficiency with remittance. I was with Metrobank (my mom’s account) for several months after the horrible BPI episode, but as much as I find them reliable, I was looking for something more. Since I work online and PayPal is my main mode of receiving payments, I needed a credit card or at least a debit card with a Visa or MasterCard logo in it to verify my account at PayPal. I have neither, and my mom’s account with Metrobank is only for savings.
I realized the only thing for me to do is open an account for myself. I looked around for potential banks that can help me verify my PayPal account, and one name stood out: UnionBank with their EON Cyber Account made especially for those who work online. I’ve never banked with anyone but UnionBank since then. They have the friendliest tellers in Baguio, the most reasonable fees (only a Php350 annual fee and NOTHING more. ABSOLUTELY NO HIDDEN CHARGES), I am ONLY charged Php50 for every PayPal withdrawal under Php7,000 (anything above that amount is FREE of charge) AND their EON card doesn’t require a minimum maintaining balance. I can also make a balance inquiry online for FREE (I just need to log-in to my CyberAccount), and send money bank to bank WITHOUT any fee.
Is it any wonder now why I love UnionBank?