CASH ADVANCE

The Cash Advance is a feature of the Card by which qualified Cardholders can get cash
in any currency. The Cardholder may avail of Cash Advance up to the provided Cash
Advance limit through any of the following channels:

• Any of the Bank’s automated teller machines (ATM) in the Philippines or abroad
(CA PIN required)
• Any BancNet ATM or associated networks of Visa/Mastercard in the Philippines or
abroad (CA PIN required)
• UnionBank Online App

The Cash Advance feature is extended by the Bank to qualified Cardholders only. The
Cardholder understands and accepts that the availment of Cash Advance shall be subject
to the Bank’s approval. For ATM transactions, certain banks – local and overseas, charge
an access fee for cash withdrawals. The amount of access fee may vary depending on
the ATM network (local or overseas) and shall form part of the Cash Advance amount.
This additional fee will be charged to the Card Account. The Bank has the option to set a
cash advance limit and a daily cash limit for all Cash Advances. ATM Cash Advances
and corresponding Interest and/or service charges shall be for the Cardholder’s account.

For Cash Advance availed overseas, the Bank will collect, store and communicate data
to process the transaction; this may include identifying Card Account balance information.
Other entities either in the country where the ATM is used or elsewhere may perform the
transaction processing. Records of any Cash Advance transaction abroad constitute the
application required under BSP regulations for the purchase of foreign exchange for non-
trade purposes. Cash Advances are also subject to the rules and regulations of the
BancNet network, Mastercard and Visa networks, and any associated networks.

The Cardholder likewise authorizes the Bank to charge the respective Cash Advance
amount together with its related fees and Interest Charges to the Card every time Cash
Advance is availed of. The Cardholder is fully liable for all Cash Advances on the Card
and any supplementary Cards. The Cash Advance transaction record or receipt is binding
evidence of the transaction. Interest Charges on Cash Advance transactions are
computed from the day of availment until all related balances are paid in full. Cash
Advance is also subject to a Cash Advance service fee. The Bank will notify the
Cardholder of any changes on interest rates, fees and charges before these take effect.

By availing of Cash Advance, the Cardholder consents to:

a. The collection, storage, communication and processing of identifying Card

Account balance information by any means necessary to maintain appropriate
transaction and Card Account records;
b. The release, disclosure and transmission to participant/s and processors in either
the Visa/Mastercard network of details of the Card Account and transaction
information and other data necessary to enable the availment of Cash Advance;
 c. The retention of such information and data by the said participants and processors
in both networks; and
d. The compliance by said participants and processors with laws and regulations
governing disclosure of information to which they are subject.

UnionBank Cash Advance UnionBank Cash Advance

Cards
Monthly Effective Interest Rate1 Service Charge
UnionBank Classic Finance Charge of 2.91% per
UnionBank Gold month will also be due on each
UnionBank Visa Platinum cash advance from the date of
UnionBank Mastercard Platinum the advance until date of
UnionBank Miles+ Platinum repayment in full (including
UnionBank PlayEveryday unbilled charges). Cash Advance
UnionBank Lazada Mastercard fee is considered in the
UnionBank Cebu Pacific Gold derivation for Cash Advance EIR.
UnionBank Cebu Pacific Platinum Total Annual EIR for Cash
UnionBank Go Rewards Gold Advance transaction is 35.97% Php 200 per UnionBank
UnionBank Go Rewards Platinum for Php 5,000 and above Cash Advance transaction.
Corporate Cards transactions.
UnionBank Rewards Visa Platinum
UnionBank Rewards Platinum Mastercard
UnionBank Cash Back Visa Platinum
3.04% inclusive of the UnionBank
UnionBank Cash Back Titanium Mastercard
Cash Advance Service Charge2
UnionBank Miles+ Visa Signature
Unionbank Miles+ World Mastercard
UnionBank Reserve Visa Infinite
UnionBank Reserve World Elite Mastercard
1Interest rates are quoted based on a 30-day period. For months with more (or less) than 30 days, the applicable interest rate shall increase (or
decrease) accordingly. Interest is compounded monthly. In accordance with the Philippine Accounting Standards (PAS) definition, effective
interest rate (EIR) is the rate that exactly discounts estimated future cash flows through the life of the loan to the net amount of loan proceeds.
(BSP Circular No. 730, s2011)
2The applicable Monthly Effective Interest Rate for UnionBank Cash Advance is 3.04% based on a Php 20,000 availment plus P200 UnionBank

Cash Advance Service Charge, on the assumption that the Cardholder pays the Minimum Amount Due one (1) day after the Statement Date.