UnionBank Online Savings

A no-maintaining-balance digital savings account from UnionBank, opened in-app in a few minutes. Replaces the older "EON Online Savings" branding.

Pros

• No maintaining balance
• Backed by a universal bank
• Easy InstaPay / PESONet transfers

Cons

• Interest rate lower than pure digital banks (Maya, CIMB)
• EON Prepaid Visa is no longer available

Quick facts

• Network: Digital savings
• How to open: UnionBank Online app
• Last verified: June 2026