About credit card
This card is used to support the Southwestern University Alumni Foundation. Users automatically donate 50% of their annual fees and 0.5% of their spending on retail establishments to the foundation. The following are some of the features associated with the card:
Features
- Payment convenience. Users can easily make payments over the counter or through a Unionbank ATM. Users who own a Unionbank account can make their payments online.
- Discounts and promos. There are several options to earn rewards for card users. These include 50% off dining costs at The Bistro Group, ₱300 off your purchase at Boozy, travel and lodging discounts, etc.
- Credit card security. You can secure your account by setting notifications for some transactions on your card.
Pros and cons
Below are some ups and downs of the card:
Pros
- Users will get many opportunities for rewards and discounts.
- Users can do some good by supporting the Southwestern University Alumni Foundation.
Cons
- Users are fined a late payment fee of ₱1,000.
- Users who wish to add a supplementary card will have to pay extra fees.
How to apply for a credit card?
If you are interested in a Southwestern University Alumni Foundation Visa card, you can apply through the steps given below:
- Visit the Union Bank official website.
- Go down and click on Cards. Click on Credit card.
- Go up and click on See cards.
- Look for and click on Southwestern University Alumni Foundation Visa Card.
- Click on Apply now.
- Select if you have a reference code or not.
- Choose if you are a Union Bank customer or not, input your account number or your card number if you are.
- Select Southwestern University Alumni Foundation Visa Card.
- Choose if you have a principal card with another bank or not.
- Select if you have a valid ID and a financial document or not, click on Next when done.
- Input all the needed data and information and then follow all the onscreen descriptions to complete your application.
Before you apply, please, make sure you meet the following requirements:
Eligibility requirements
- The applicants must meet these requirements to be eligible for a Southwestern University Alumni Foundation Visa card:
- The user must be aged 18 to 70 years.
- The user must have a minimum annual income of ₱360,000.
Documentary requirements
- Proof of identity. The applicant must provide a government-issued ID with a photo and signature.
- Proof of income. To ensure that the applicant can undertake the financial obligations of the card, they are required to provide one of the following:
- Income tax return or certificate of compensation payment and tax withheld or similar documents.
- Certificate of employment or employment contract.