Unionbank EON Cyber Account

This blog’s author wishes to make known that the steps in the procedures were taken in order to have a Unionbank EON Cyber Account for the transfer of payment made from sponsored posts paid through PayPal, were done through application in person, not through online application. Though the two are the same, except for the first step.

Here are the steps in the process that I went through to have money from PayPal transferred to my Unionbank EON Visa Debit Card.

  1. Because I was so excited to have my EON Card I went to the nearby Unionbank Branch to be able to apply for my EON Cyber Account personally. For those who are pressed for time, you may apply online through this clickable link below: http://www.unionbankph.com/EONCYBER/eonapplystep1.asp The link does not work anymore, JUST GO TO THE BANK NEAREST YOU.
  2. All EON Cyber Account applicant should present two valid identification cards with photos. These identification cards would do: PRC card, TIN card, SSS Card, GSIS Card, Driver’s license, passport, postal id, credit card.
  3. After filling up the necessary form, I was given a calling card by the New Accounts personnel. The calling card has the number of the bank’s branch and the personnel’s name who I will call to know if my card would be ready for pick-up. For those who will apply online,I think you have to indicate what branch you prefer to pick up the EON Cyber Account card.
  4. After a few days, I got an affirmation that my card is ready for picking up.
    But before I had the chance to do so, I read online forums, asked around and read as much as I can about the EON Cyber Account and its relationship with PayPal. These were the things I needed to remember: That there should be a deposit of $1.95 worth in my card, as per PayPal instructions; That I need to have a 4 digit expanded use number for PayPal to be able to verify my account exists.
  5. When I went to the Unionbank branch to get my card, I paid the annual fee of PhP350.00 or about USD8.33, converted at PhP42.00/$1.00. I paid the amount of PhP500.00 and deposited the PhP150.00 change into the account. Why? Because I needed to have at least $1.95 worth of money in my EON Cyber Account as per PayPal instruction.
  6. When I went online I registered my EON Cyber Account to my PayPal account. I remained unverified at first because I needed to give PayPal my extended 4 digit number (or something like that) for my card to be verified.
  7. I called up the Unionbank hotline to get this 4 digit number needed to verify my Unionbank EON Cyber Account with Paypal. Once I put the numbers in the PayPal account, my card was verified.
  8. PayPal deposited a certain amount in my EON Cyber Account to make sure it was up and running. Then it was also withdrawn by PayPal. (Not sure this was the way but something like this happened and I can’t remember how much the amount was. It was not that much though)
  9. When everything was in order, once my Unionbank EON Cyber Account was verified, funds from the sites where I get my sponsored posts started trickling in. There were even funds that were not deposited prior to my having the card verified, but were deposited by the site for sponsored posts.
  10. To be able to transfer funds from PayPal to the Unionbank EON Cyber Account, a fee of $5.00 per transaction would be debited from the deposits made in PayPal. It is best to transfer significant amounts since you know, $5.00 is still $5.00. Bank accounts in North America are not charged for the transfer.
  11. Wait for a few days for the funds to be transferred to the Unionbank EON Cyber Account. When these are transferred, the current foreign exchange for $ and PhP applies.
  12. The money can then be withdrawn from any Megalink ATM branches. BPI would also allow some withdrawals done unless specified otherwise by signs put up on their ATM.
  13. Since this is a Visa Electron card, it can also be used to pay for purchases. BUT, better ask first lest you end up with money withdrawn from your account but your card/account would be denied when swiped.

Re #13, nope, that hasn’t happened to me yet. Why use the card when paying for purchases when I can withdraw the money and pay using cash. This is guaranteed that you can make the purchase you need. Unless of course…

If I have forgotten something else, just let me know.

16 Responses to “Unionbank EON Cyber Account”

  1. malaya on 20 Jan 2008 at 3:09 pm

    Hi, I am applying for an EON card too. Thanks for these information.

    Hope you have an easy time getting your EON card and making it work without a glitch. Thanks for the visit :)

  2. tiara on 21 Jan 2008 at 5:06 pm

    hi. what about for students like me? i only have my school id, and i tried getting a voter’s id but the comelec in davao says they don’t give out ids anymore, instead they gave me a voter’s certification which the bank won’t accept. any suggestions?hehe. thanks.

    Tiara, you can use your current school id. Click here for more details. That postal id is expensive, even more than the EON’s annual fee.I don’t know about the barangay id or something but do try to get one too. Not sure though if there’s a fee involved. “Good luck” :)

  3. tiara on 21 Jan 2008 at 5:10 pm

    oh. and the postal id costs P380 plus. hehe. kaya i didnt get one.

  4. julia on 26 Jan 2008 at 5:54 pm

    hi! after you got your EON card, kelan mo na add ung card sa paypal mo? just got my EON yesterday!

    Julia, honestly I can’t remember, haha! Basta you call the Unionbank customer service, then ask for your expanded four digit number. Put it in the designated place in your PayPal account. I think I waited for a week or more. Then after that, when the card had been verified, the money you earned, either from blogging or if you sell merchandise online, can be transferred to your PayPal account. When my card was not verified yet, I had to email PPP support to have the money I earned transferred which they did naman. Just remember, you have to have some amount in the card first before you have the card verified so that PayPal will acknowledge your account. Hope this helped. Thanks and I hope you can come back since I will be posting another topic about the PayPal. Best regards! :)

  5. Lyza on 28 Jan 2008 at 10:14 pm

    well well well… thanks for this blog and now i am enlightened. i was racking my brains out for the past 5 hours wondering why paypal won’t accept my eon card. Now I know, my card is empty that’s why. I have to dash to the nearest unionbank tomorrow so i could use my paypal account. Thanks a lot!!!!!

    Lyza, you can also transfer money from your PayPal account to your local bank account. How? Click this link. Thanks and happy transactions to you! :)


  6. [...] which is better? The Unionbank EON Cyber Account or the use of your local bank branch? Please click the above links to read a little about these. [...]

  7. Jessica on 01 Feb 2008 at 2:23 pm

    Hey, this is very informative. So now I can transfer the funds from my paypal account to a local bank? That’s cool. I would like to have an EON card too. Thanks for your help, Greenbucks. God Bless!

    Jessica, you can register with PayPal the EON card which they (PP) can verify. A credit card would also be an option but EOn has no other charges aside from its annual membership fee . Once your account has been verified, that is the time you can register your local bank account. No problem, hope you can come back and visit our other blogs too :) Thanks for the visit.

  8. monaco on 03 Feb 2008 at 11:11 pm

    you’re lucky you didn’t have problems with your EON. I applied last december, a few days before christmas. because of the holidays, I waited until january for my card to be ready. i was so eager to enroll at paypal but then it took Union bank almost TWO weeks to activate my card. paypal kept declining my enrollment. I kept complaining to UB, grabe. I was able to finally enroll with paypal after numerous complaints and follow ups but when I checked with UB’s online banking, ayaw gumana ng PIN ko. that was the second week of january. I had to surrender my card again so that it can be replaced. I’m hoping it will be ready tomorrow! whew! grabe. and after all this, it was announced that withdrawal from any Phil bank is now open!

    took me a longtime to reply,my apologies. I hope everything will be ok now with your PayPal and EON accounts.But these things happen,we all learn from it. I must admit I am impatient too when what I expect to happen is not exactly happening. I can sometimes be a call center agent’s nightmare but hubby tells me to cool down since they do not exactly know what to do talaga, they just have standard answers (that they read and/or have memorized). Hmph!

  9. happy on 17 Mar 2008 at 2:12 pm

    hi there! your post is very informative. just got my eon card today and i am now reading on the relevant blogs that can help me with my paypal application. thanks. :)

  10. greenbucks on 18 Mar 2008 at 7:36 pm

    Happy, congratulations! I went to browse your blog and saw that you have been approved by 3P. I have several posts with honorarium in this blog and more in the main blog. I wish you the best with your posting with honorarium. It is rewarding even if it gets too tiring at times :)
    Have a blessed Holy Week!


  11. [...] Continue reading here. Posted in web tools, making money online, blogging101 [...]

  12. Mizhelle on 26 Jun 2008 at 11:12 pm

    I applied for an EON account online weeks ago, but I haven’t received confirmation up to now. :(

  13. greenbucks on 27 Jun 2008 at 7:51 am

    I am so sorry to “hear” that Mizhelle. I applied personally so I didn’t have any problems getting my card.

    I hope you will be able to get yours soon. Maybe they have a backlog because a lot are applying to get this service. Thanks for the visit and I hope you can come back again.

  14. Mizhelle on 27 Jun 2008 at 9:23 am

    I guess I’ll apply personally na lang. Thanks for the info!

  15. marco on 21 Aug 2008 at 3:17 pm

    im planning to apply today,tlga bang inaabot ng more than a month minsan,i just needed an account sooner..unfortunately they’ve been upgrading theyr’e site,anu kya ang mas mabilis?thru branch or thru online?

  16. Celina on 13 Sep 2008 at 5:14 pm

    Having the same problem with the delay in enrollment. They should change their claim that it only takes 48 hours!

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