In 2025, Union Bank of the Philippines (UnionBank) emerged as the leader in Visa credit payment volume within the country. This milestone showcases the increasing reliance on credit cards among Filipinos for everyday transactions.
Changing Consumer Habits
As more Filipinos become mindful of how they manage their budgets, this recognition highlights the growing importance of secure and flexible payment options in daily life.
Mukul Sukhani, Head of Cards and Loans at UnionBank
- Credit card usage for groceries and everyday purchases is on the rise.
- Innovative features such as cashback and installment plans are attracting more users.
The shift towards digital payments is evident as consumers increasingly prioritize convenience and security. Jeffrey Navarro, Country Manager for Visa Philippines, affirmed that Visa's network provides a reliable platform for transactions, whether online or in-store.
UnionBank's Expanding Credit Card Base
Earlier in the year, UnionBank reported reaching 2 million credit cards in circulation. This growth can be attributed to their streamlined application processes and digital onboarding initiatives, making it easier for consumers to access credit.
Comprehensive Benefits for Cardholders
UnionBank's Visa Credit Cards offer substantial benefits tailored to everyday needs and lifestyle preferences. Features include:
- Dining discounts of up to 50% at over 1,000 partner restaurants.
- Exclusive e-commerce deals with cashback options.
- Travel discounts, including special rates on airfare and hotel stays.
These offerings demonstrate UnionBank's commitment to enhancing the customer experience, ensuring that cardholders derive maximum value from their spending.