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How much is the Maintaining Balance of Unionbank?

Unionbank like any other banks requires maintaining balance for its accountholders in order to replenish the bank's maintenance cost and resources spent for serving its clients. Unionbank offers different types of accounts. Required maintaining balance depends on the type of account you are going to open or apply. Below are the different types of accounts of Unionbank and their maintaining balance.
Maintaining Balance of UnionBank

Type of AccountMaintaining Balance Requirement (MBR)Initial Deposit
Unionbank EON (ATM)nonePhp 350
Unionbank E-Wallet (ATM)Php 10,000Php 10,000
Unionbank Regular Savings AccountPhp 25,000Php 25,000
Unionbank Regular Checking AccountPhp 25,000Php 25,000
Unionbank Power Checking AccountPhp 25,000Php 25,000
Unionbank Premium Deposit AccountPhp 500,000Php 500,000
Unionbank Dollar Access Account$ 1,000$ 1,000

As you can notice, the cost of maintaining balance is usually the same with the cost of initial deposit.

You should maintain the required maintaining balance of your Unionbank account to avoid service charge (worth Php 1,000) except for EON account.

If you're an employee with average salary, it's recommended to open an EON account which has no maintaining balance and has a very low initial deposit. EON account has a lot of powerful features if you enroll it to Unionbank's online banking facility. Features you can enjoy such as accessing your account online, pay your bills (electricity, landline/internet, credit cards, insurance, etc.) online, transfer funds online, linking your account to Paypal and used it to pay for products and services online.

Regular monitoring of your account may help you avoid service charges or other fees.

Do you find Unionbank's maintaining balance more costly than other bank's maintaining balance? Tell us your opinion in the comment below.

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"How much is the Maintaining Balance of Unionbank?" was written by under the Banking category. It has been read 8689 times and generated 2 comments. The article was created on and updated on 20 March 2014 .
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Total comments : 2
Pauline H. lazaro   (15 November 2017 3:13 PM)
Do you have a special maintaining balance for senior citizens?
Thank you
Pauline lazaro

Rency Rose Maiso   (29 May 2015 1:04 PM)
hello, good day ... just asking, if how many days should i pick up my ATM card from the day of my applying via online ??? i need your response, thank you ...