Union Bank of the Philippines (UnionBank) and Lazada Philippines, together with Mastercard, have launched the all new UnionBank Lazada Credit Card. It is the Philippines’ very first e-commerce credit card that makes online shopping even more rewarding.
UnionBank Lazada Credit Card Perks and Rewards
“At Lazada, we continue to work to expand our digital payment capabilities as part of maintaining a safe and secure online environment for consumers,” Ray Alimurung, CEO of Lazada Philippines, shares in today’s exclusive launch event. “As Filipinos embrace and adopt cashless Digital Lifestyle solutions, the new Unionbank Lazada Credit Card will enable consumers to gain more value from their purchases and be rewarded with exclusive lifestyle benefits.”
The UnionBank Lazada Credit Card is the only credit card that allows cardholders to directly earn up to 6x Lazada wallet credits from their online spend at Lazada. Every P200 spend at Lazada purchases also earns the cardholder with P6 Lazada credits. Meanwhile, cardholder earns P1 for every P200 on all other purchases outside Lazada.
Cardholders also get exclusive shopping benefits at Lazada with the new card. Get P5,000 Lazada Wallet credits as a welcome gift when application is approved (Terms & Conditions apply)!
Additionally, they also get free monthly shipping of up to P50 and free discount vouchers of up to P250 during Mega Sales (birthday sale, mid-year sale, 9.9, 11.11. 12.12). Special discounts and exclusive sales (such as early access to sale events) also await cardholders from Lazada.
Cardholders don’t have to compute for any point conversion. Earned rewards are in the form of peso value credits, plus earned credits can be conveniently transferred to the cardholder’s Lazada Wallet using their UnionBank Online app with just a few clicks, anytime, anywhere.
This new credit card gives customers a new safe and secure payment option for their online transactions. In these uncertain times, going cashless and digital is king. Another offering included in the UnionBank Lazada credit card is the Virtual Credit Card. Cardholders can use this for online transactions without waiting for the physical card to be issued.
“Today we’re happy to announce a partnership with one of the largest e-commerce platforms in the Philippines. That’s Lazada,” shares Edwin R. Bautista, President and CEO of UnionBank of the Philippines. “The UnionBank Lazada MasterCard is being launched today. It is significant because it was a project that was completed by our people and our partners during lockdown, where most of them had to work from home. So to our partners and to our people who worked on this project, we give you our thanks, your efforts were truly heroic.”
He also adds that a study was done across the whole of Southeast Asia, and UnionBank emerged as the second most helpful bank during the COVID lockdown.
Virtual Credit Card
The cardholder will receive the virtual card to activate and use for online purchases immediately once application is approved. This way, you can add to cart do all your online shopping safely even without a physical card present. The virtual card can be viewed securely through the UnionBank Online app, with security controls including biometrics and one-time-password (OTP).
A physical card will also be delivered to cardholders for their face-to-face, point-of-sale transactions.
The new UnionBank Lazada Credit Card will be available starting August 8 at https://lzd.co/UBLazadaCard. Get ready to #AddToCard everything you love at Lazada’s 8.8 Shop Local Bounce Back Sale happening until August 8 and show your support to homegrown brands!