Yes, a UnionBank credit card can indeed be converted to cash through a dedicated facility. UnionBank provides a service called EasyCash, which allows cardholders to access a portion of their credit limit as cash.
UnionBank's EasyCash Facility: Your Credit-to-Cash Solution
UnionBank's EasyCash is designed to provide cardholders with quick and convenient access to the cash they need, leveraging their existing credit card limit. It's a straightforward process that enables you to convert your available credit into liquid funds, deposited directly into your bank account. This facility offers a flexible financial solution for various needs, from unexpected expenses to planned purchases.
Key Features of EasyCash
This service is characterized by its accessibility and flexible repayment options, making it a practical choice for many UnionBank credit cardholders. Here's a summary of its core features:
| Feature | Description |
|---|---|
| Cash Limit | Get cash up to your available credit limit. |
| Transfer Method | Funds are transferred directly to your bank account. |
| Speed | Transactions can be completed in as fast as a few clicks. |
| Accessibility | Available anytime, conveniently via your smartphone. |
| Repayment Terms | Flexible repayment plans available, extending up to 60 months. |
How to Avail EasyCash
Accessing EasyCash is designed to be seamless and user-friendly. Cardholders can typically initiate the process conveniently through their smartphone, making it accessible whenever and wherever they need funds. The digital nature of the application ensures a quick and efficient transfer of funds to your designated bank account.
Benefits of Using EasyCash
Utilizing the EasyCash facility offers several advantages for UnionBank credit cardholders:
- Immediate Liquidity: Quickly convert your credit line into ready cash for any purpose.
- Convenience: Apply for cash from anywhere, anytime, directly from your mobile device.
- Flexible Repayment: Manage your finances effectively with extended payment terms that can fit your budget.
- Financial Flexibility: A reliable option for emergency funds, bill payments, or other financial requirements without the need for a separate loan application.
To learn more about this service and its specific terms, you can visit the official UnionBank EasyCash page: UnionBank EasyCash
