How To Apply for Unionbank EON for Paypal Funds Withdrawal

I know that there are still a lot of Pinoys out there who are wondering how they can withdraw their Paypal funds that they’ve earned from making money online. If you’re an online money maker like me, having a Unionbank Visa Electron/EON card/account is a MUST.

I can assure you that having your own Unionbank EON Account/card gives you the most convenience (and savings) when withdrawing your Paypal funds. Why?

  • You can use your Unionbank EON card/account to verify your Paypal account.
  • No maintaining balance requirement (MBR) for an EON account. So, you can choose to withdraw all your money or leave some for your next withdrawal without worrying about any fees.
  • Unionbank doesn’t charge you any fees for withdrawing your money to your Paypal account, unlike other banks that charge you about Php 200.00 per Paypal transfer.
  • You can access your Unionbank EON account online through Unionbank’s CyberAccount.

Now, I hope I’ve already convinced you that you MUST get your own Unionbank EON card. By the way, you can even save more when making ATM withdrawals by linking your Unionbank EON account to your SmartMoney account. Details of that on my next post.

So, what do you need to do and how do you apply for a Unionbank EON account?

Application for a Unionbank EON Card

  1. You need at least two (2) valid photo IDs and you need to photocopy them. I suggest bring 2 photocopies of your 2 photo IDs. They will keep the photocopies with them for their records.

    You can submit any of the following valid IDs:

    • Passport
    • Current Driver’s License (accompanied by the OR when you applied for it)
    • Professional Regulation Commission (PRC) ID
    • Major credit cards WITH photo
    • Permit to Carry Firearms
    • New or Laminated Social Security System (SSS) ID
    • Tax Identification (TIN) Card
    • Company ID
    • Postal ID
    • Voter’s ID
    • Current School ID for students
    • Senior Citizen Card
  2. You need Php 350.00 to cover the Visa Electron/EON annual fee and card issuance.
    If you’re going to use your Unionbank EON card to verify your Paypal account, I suggest you also bring the initial deposit of at least Php 200.00 that will be used for the verification process. Don’t worry, that amount will be refunded to you by Paypal once your account with them has been verified.
  3. When I applied, they asked me for a 1×1 photo to go with my application. So, prepare this, too, to avoid any hassles.
  4. Go to a Unionbank branch nearest you and fill up the application form for the Visa Electron/EON card.
    Ask for their contact number so you can call them to follow up on your card.
  5. Wait for 7 to 14 banking days for processing. I suggest you ask the bank how soon you can get your EON card.
  6. Before going to the bank to pickup the card, call the branch first and ask if your card is already available for pickup.
  7. When you pickup your EON card, ask the bank when it will be activated so you can change the PIN. By the way, along with the EON card, you’ll also be handed a sealed paper that contains your 4-digit PIN.
  8. Once your EON card is activated (usually it takes about 24 hours), go to the nearest Unionbank ATM and change your PIN. Please make sure you memorize it, okay?

That’s it. Now you’re ready to withdraw your Paypal funds to your Unionbank EON card. I suggest you enroll your EON account to Unionbank’s CyberAccount so you can check your balances or even transfer funds without going to an ATM or the bank.


Enroll your Unionbank EON Card to CyberAccount
Once you receive your Unionbank EON card, it’s highly advisable that you enroll it to CyberAccount so you can check your account online. Here’s how:

  1. Go to Unionbank’s website: http://www.unionbankph.com/
  2. Click on EON Cyber Account under “Access your account here”. A new window should popup so make sure your popup blocker is off or not blocking it.
  3. On the new window, click on ENROLL HERE under “Start banking online with your EON!”.
  4. On the next page, you’ll be asked for your ATM card number and PIN number.
  5. On the next screen, simply fill up the form completely with your desired EON CyberAccount username/login and password.
  6. Wait for 2 to 4 banking days for your EON CyberAccount to be activated. Check your email or try logging into the CyberAccount page to check.

That’s it! After this, you can now withdraw your Paypal funds to your Unionbank EON account. Read my next guide on how to do just that. Also, if you want to know how to use Unionbank EON card to verify your Paypal account, click here.

Related Articles:
How to Sign Up for a Paypal Account
How to Get your Paypal Account Verified
Verify Your Paypal Account using SmartMoney (for Pinoys)
How to Sign Up for an Alertpay Account
How to Get your Alertpay Account Verified
Unionbank EON Application for Paypal Funds Withdrawal (for Pinoys)
Verify Your Paypal Account Using Unionbank EON (for Pinoys)
Withdraw your Paypal Funds to Unionbank EON (for Pinoys)

How to Sign Up for a Paypal Account

To those of you who don’t have a Paypal‘ account yet, I know that it might be confusing for you how it should be done or you’re just unsure how, especially when you’re creating an account for making money online. Some of you might even have this notion that you cannot sign up for a Paypal account WITHOUT a credit card. But, fortunately, that’s not true. You can sign up for a Paypal account WITHOUT a credit card. That’s just optional. Read on.

Here’s a guide to help you create that Paypal account and start earning!

Reminder: You must be 18 years and older to sign up for a Paypal account. However, if you really want to try this out, you can create an account under your sibling or parents’ name, but ask them for permission first, okay? There’s no limit on how much you can receive but there’s a limit on how much you can send and transfer from Paypal. If you want to verify your Paypal account, the whole verification process involves a debit or credit card (Unionbank EON or SmartMoney for Pinoys), you can just ask your sibling or parent if they can open an account or if you can use their card for the verification. Anyway, it’s just $1.95 charge for the verification, which will be refunded afterwards.

  1. Go to Paypal‘s website and click on the Sign Up button.
  2. You will be directed to a page like the one below. Now, select your country or region.
    Select the RIGHT country and don’t make it up or else you’ll have problems with your account.

    Once you’ve selected your country, the page will update and will give you the types of accounts that you can sign up for.
    Remember that Paypal is not available in all countries and some countries have limitations on what type of account you can sign up for.

    Now, for making money online, all you need is just a Personal Paypal account so click on Get Started button under Personal.

  3. On the next page, you’ll be given a form that you need to COMPLETELY fill up.
    Make sure you only enter ACCURATE information. You must enter your complete address, and even your phone number. Don’t worry, Paypal won’t really use your phone # unless there’s a problem with your account. Usually, they do it through email.
  4. On the following page, you’ll be asked to enter your credit card information. You don’t have to enter your credit card information! Simply click on the Go to My Account link at the bottom-left part of the screen, as illustrated below:

That’s it! Now you have your own Paypal account that you can use when you sign up with any of my Recommended PTC sites (that pay through Paypal) or my other money-making programs.

IMPORTANT NOTE: You would need to get your Paypal account verified so you won’t have to worry about limits on how much you send, receive and withdraw from your account. For the guide on how to do this, How to Get your Paypal Account Verified


Related Articles:

How to Get your Paypal Account Verified
Verify Your Paypal Account using SmartMoney (for Pinoys)
How to Sign Up for an Alertpay Account
How to Get your Alertpay Account Verified
Unionbank EON Application for Paypal Funds Withdrawal (for Pinoys)
Verify Your Paypal Account Using Unionbank EON (for Pinoys)
Withdraw your Paypal Funds to Unionbank EON (for Pinoys)
How to Transfer Money from your Unionbank EON card to SmartMoney – Guide for Pinoys