7 Reasons Why You Should Get Eon Cyber Account

Photo Credit: Unionbank
For the past days, I have been encouraging the online teachers who I’m handling to get themselves Eon Cyber Account.  You see, I have this small business where I provide Online Teachers to some ESL Online Schools.  So it follows that I take care of the payroll and for more than a year now, I take the pain of falling in line in 3 different banks every payday – that’s twice a month.  We all work at home.  Since my time outside is very limited, I sometimes couldn’t finish all 3 banks and had to go back the next day for the unfinished business in another bank; especially when the line is too long – which is the case almost always.

Some teachers got their own Eon Cyber Account already and getting their salaries as soon as they finish their attendance report for a particular cut-off.  But there are still some who haven’t applied for it yet and they still have to wait for me to go to their respective banks.  Looking at this scenario, them getting an Eon Cyber Account is definitely a win-win situation for all of us.  I don’t have to go out and fall in line (a long line at that) at 2 or 3 banks and they will receive their salary as soon as they’re done with their last class and attendance sheet.

I want to enumerate the advantages and conveniences that an Eon Cyber Account can give a person to encourage the remaining four teachers and the others who might find it useful, too.  I just finished talking to my friend over the phone; she’s an online seller and I’ve learned from her that most of the online sellers and buyers she knows are still unaware of Eon Cyber Account and how useful it is going to be in their online payments.

But first, what is Eon Cyber Account, some of you might ask.  Eon is an internet-based deposit account by Unionbank which also serves as a Visa Debit Card.

Now here are my reasons:

1.    Easy Application 
  • Fill up an application form (have your TIN and SSS numbers ready)
  • Present at least 2 valid IDs
  • Submit a photocopy of the presented valid IDs
  • Pay P350.00 for you annual fee
  • Come back to pick up your Eon card (the teller will tell you when to come back, won’t take long)
2.    No minimum balance to maintain.

3.    Transfer funds to other Unionbank accounts or any other bank account in the Philippines.

4.    Pay bills online.

5.    Get verified in PayPal even if you don’t have a credit card.
       PayPal requires their account holders to verify themselves through a credit card or debit card.  Before they can withdraw their money.  Debit Cards are only accepted if they have the Visa or MasterCard logo.  For those who are having difficulty getting a credit card, Eon is the best option.
6.    Get verified in just a matter of minutes. 
      With credit card, you have to wait for the next bill to get the expuse number that you’ll need to get verified.  With Eon, right after you have linked it with PayPal, you may get the expuse number right off the bat.  Just log in to your Eon Cyber Account and get the 4-digit number in the transaction history.  Key in the numbers to your Paypal account and voila, you’re instantly verified!

7.    No transaction fee when transferring money from PayPal to your Eon Cyber Account. 
       Other banks charge from P75.00 to P200.00.  I, myself, had the experience of being charged P200.00 each and every time I transfer money from my PayPal account to my other bank account.  I switched to Eon right away as soon as I discovered about it.
But what I love the most is that I can do payroll with it.  Falling in line at the bank is a pain in the neck, no kidding.  I’m sure online shoppers and sellers will also enjoy the same kind of convenience if they follow suit.

Plus a BONUS reason, it's Eon Visa Debit Card so you can pay your purchases with it when you go shopping!  Just make sure it has enough fund before you use it to pay for your purchases.

And oh, I almost forgot.  Xend Express is giving a 10% discount to those who will ship a package if they can present an Eon Visa Debit Card.  Promo period is July 15 to August 15, 2011.  Click this for details.

Please leave a comment or drop me a line ( should you need assistance in applying for Eon or using it to verify with PayPal.

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  1. Uy Mich, thanks, email kita if I have an issue ha.. or FB chat, hehe.. Thanks for this very useful post.

    1. Hi, Ed! Do you have Eon na? Sige buzz me lang. Thank you :)

  2. How does Eon Cyber account differ from Eon Visa Debit Card? My PaylPal account wants to verify my Eon Card, but I don't have that "expuse number"? Where can I get it for my card is Eon Visa Debit Card.

    1. Hi, Kuya Gil! Eon Cyber Account and Eon Visa Debit Card are one and the same. If you have enrolled your Eon to online banking, then you can have your expuse number right after you added your Eon Visa Debit Card to your Paypal Account. I can assist you po, pm kita.




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