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UnionBank Lazada Credit Card: Is It the Best Card for Online Shopping?

Ricky Publico

Ricky Publico

Last updated October 05, 2023

If you're one of Lazada's most loyal online shoppers, you should definitely consider getting the UnionBank Lazada Credit Card. After all, why scramble for spare change every time the delivery person knocks on your gate when you can use a credit card to easily pay for your purchases? If you're in the market for a credit card, you might as well get a co-branded one with your preferred online shopping app. 

Learn more about this card's online shopping perks in this UnionBank Lazada Credit Card review. 

UnionBank Lazada Credit Card: Key Features

Before we start the UnionBank Lazada Credit Card review, it's only fair to check out the card's key features. Never skip this step when comparing credit cards.

unionbank lazada credit card review
  • Annual fee: ₱3,000 (free for the first year)
  • Interest rate: 3%
  • Minimum monthly income requirement: ₱30,000
  • Cash advance fee: ₱200 per transaction
  • Late payment fee: ₱1,000
  • Overlimit fee: ₱500
  • Card replacement fee: ₱400

UnionBank Lazada Credit Card Review: Why Should I Shop Using This Card?

unionbank lazada credit card review - perks

Apply for this credit card to upgrade your online shopping experience. While it offers perks for non-Lazada users, loyal Lazada customers will benefit the most.

🛍️ 6x Lazada Credits for Every ₱200 Spend on Lazada

The biggest incentive to apply for this credit card is the chance to earn Lazada credits in the quickest way possible. For every ₱200 you spend on Lazada, 6x credits will be credited directly to your Lazada Wallet. If you use your credit card at other shops, you still earn ₱1 credit for every ₱200 spend.

🛍️ ₱5,000 Lazada Credits for New Cardholders

Speaking of Lazada credits, you'll instantly receive ₱5,000 Lazada credits when you get approved for a UnionBank Lazada credit card. Terms and conditions apply.[1]

🛍️ Free Lazada Vouchers All Year Round

Voucher hunters, make some noise! Your UnionBank Lazada credit card entitles you to a ₱250 discount voucher during Lazada's mega sales. Plus, you'll also get free ₱50 shipping vouchers every month. Terms and conditions apply. 

🛍️ Exclusive Perks from Lazada

To wrap things up, your UnionBank Lazada credit card grants you access to exclusive discount deals from select LazMall merchants. You also get first-hand access to big Lazada sales, which means you get first dibs on exclusive deals from hundreds of brands on the Lazada platform.

Interested? Check out a rundown of its features: 

Unionbank Lazada

Read more: How to Apply for a UnionBank Credit Card: 3 Easy Steps to Follow

What Other Perks Can I Get from a UnionBank Lazada Credit Card?

unionbank lazada credit card review - lazada credit card benefits

Aside from the Lazada perks, you can also expect other useful features that can help improve your online shopping experience.

☑️ Free Virtual Card

The Lazada Credit Card comes with a free virtual credit card, accessible via the UnionBank Online app. This means you can still shop and enjoy the perks of your credit card even when you don't have the physical card. It also adds a new layer of protection when you're shopping online.

So download the app and shop away!

unionbank app on google play
unionbank app on app store

☑️ Contactless Payment

Aside from using your credit card online, you can also safely use your UnionBank Lazada credit card in malls with contactless terminals. Since this card is contactless-enabled, you don't need to swipe your card and sign anything to finish a transaction.

Read more: Fast and Easy Application: Here’s How to Get a Credit Card Online

UnionBank Lazada Credit Card Alternatives

Not a loyal Lazada customer? If you want to upgrade your online shopping experience, check out these equally great alternatives—the Lazada app is not required! 

Credit Card Online Shopping Perks
UnionBank Rewards Credit Card
2023 UB Rewards VISA FA
  • 3x rewards points when you shop and dine here and abroad
  • 1 rewards point for every ₱30 spend
Metrobank Titanium Mastercard®
  • 1 rewards point for every ₱20 spend
  • 2x points for online, dining, and department store purchases
  • Convenient 0% installment plans for up to 24 months
HSBC Platinum Visa Rebate
  • 5% rebate on shopping (including online) and travel transactions
  • 1% rebate on insurance, 0.50% rebate on all other spend
  • 6% rebate on the first Caltex transaction and 3% on Caltex fuel purchases for the whole year
HSBC Red Mastercard
hsbc red
  • 4x points on online, shopping, dining, and overseas spend
  • 1 rewards point for every ₱20 spend
  • 0% interest installment plans for up to 36 months
Security Bank Gold Mastercard
  • 1 rewards point for every ₱20 spend
  • eSecure feature for setting limits on online shopping
  • 0% installment plans for up to 24 months
BPI Rewards Card
BPI Rewards Card-1
  • 1 rewards point for every ₱35 spend
  • Up to 100% of your credit limit for your installment purchases with the Bonus Madness Limit
  • Special Installment Plan payments of up to 36 months at 0%
UnionBank Lazada Credit Card
unionbank lazada
  • 6 Lazada credits for every ₱200 spend on Lazada
  • 1 Lazada credit for every ₱200 spend elsewhere 
  • ₱50 free shipping voucher each month at Lazada
  • Free ₱500 discount vouchers for five Lazada sales in a year

Looking for more? Check these out:

💳 UnionBank Rewards Credit Card

UnionBank Rewards Credit Card

If you don't want to stray away from UnionBank, consider the UnionBank Rewards Credit Card, which earns 1 point per ₱30 spend. Get 3x the points when using your card at shopping boutiques, department stores, and restaurants here and abroad.

🎁 Free Welcome Gift: No Annual Fee for Life Plus Maximum Rewards for U!

moneymax unionbank rewards credit card no annual fee promo

Eligible card: UnionBank Rewards Credit Card

Promo period: Until February 29, 2024

Say goodbye to annual fees forever and hello to next-level rewards with your new UnionBank Rewards Card! Just apply via Moneymax and get approved within the promo period, and then meet the ₱20,000 spend requirement within 60 days from your card approval date.

This Moneymax UnionBank Rewards Credit Card No Annual Fee Promo runs until February 29, 2024 only. Per DTI Fair Trade Permit No. FTEB-178773 Series of 2023.

Note: The promo is exclusive to applicants who do not have an existing principal credit card issued by UnionBank and/or Citi.

💳 Metrobank Titanium Mastercard®

Metrobank Titanium

Earn points quickly for your online shopping with the Metrobank Titanium Mastercard®. Get up to 2x points on online purchases, dining, and department store transactions; plus 1 point for every ₱20 spend. Waive your annual fees if you apply for this card until February 29, 2024 and meet the required annual spend of ₱180,000.

Read more: Metrobank Credit Card Application: Eligibility, Requirements, and More

💳 HSBC Red Mastercard 

HSBC Red Mastercard

Want even more points when you shop online? The HSBC Red Mastercard earns 4x reward points on all online, shopping, dining, and overseas purchases. Plus, it also earns a 3% rebate on Caltex fuel purchases all year round.

Read more: HSBC Credit Card Application: 4-Step Guide for First-Timers

💳 Security Bank Gold Mastercard

Security Bank Gold Mastercard

With Security Bank Gold Mastercard's SecureCode, you’ll always receive a one-time password to confirm your online transactions. Use this card to earn 1 point for every ₱20 spend. You also get to enjoy exclusive rewards and promos all year round.

Read more: How to Apply and Get Approved for a Security Bank Credit Card

💳 BPI Platinum Rewards Mastercard

BPI Platinum Rewards Card

Ready for more credit card perks? With the BPI Platinum Rewards Mastercard, earn 2 BPI points for every ₱30 local spend and 2 BPI points for every ₱20 foreign spend. You also get up to 180 days of purchase protection insurance for your online purchases.

Read more: BPI Credit Card Application: Requirements, Process, and More

Final Thoughts

And that's it for our UnionBank Lazada credit card review. Are you ready to step your online shopping game up a notch? Start preparing your credit card requirements and apply today!

But if you don't want to rush things, keep comparing credit cards and see what fits you best. Click the banner to get started. 

Compare credit cards with Moneymax

Source: [1] Lazada Credit Card 

Ricky is the zaniest Product Marketing Manager at Moneymax, with over six years of writing experience in the digital marketing industry. He had written for SEO, cybersecurity, and other related industries prior to joining Moneymax. He also specializes in content writing, copywriting, and email marketing. He is a huge fan of pro-wrestling, One Piece, and smartphones in general. Follow Ricky on LinkedIn.


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