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.
| Type of Account | Maintaining Balance Requirement (MBR) | Initial Deposit |
| Unionbank EON (ATM) | none | Php 350 |
| Unionbank E-Wallet (ATM) | Php 10,000 | Php 10,000 |
| Unionbank Regular Savings Account | Php 25,000 | Php 25,000 |
| Unionbank Regular Checking Account | Php 25,000 | Php 25,000 |
| Unionbank Power Checking Account | Php 25,000 | Php 25,000 |
| Unionbank Premium Deposit Account | Php 500,000 | Php 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.