Union Bank RuPay Platinum Credit Card

Experience the premium perks of the Union RuPay Platinum Credit Card from Union Bank of India. This cashback credit card offers rewards on utility bill payments, IRCTC ticket bookings, and a 0.02% reward rate on every Rs. 100 spent. With a zero joining fee, it’s a cost-effective choice, featuring not only Reward Points but also complimentary insurance cover, fuel surcharge waiver, and additional benefits. Ideal for those seeking an affordable credit card with substantial rewards and perks.

Key Highlights of Union Bank RuPay Platinum Credit Card

Unlock unparalleled benefits with the Union RuPay Platinum Credit Card.

  1. No joining fee for Union Bank Platinum RuPay Credit Card.
  2. Earn 2 reward points for every Rs. 100 spent.
  3. Get Rs. 50 cashback on utility bill payments.
  4. Receive Rs. 50 cashback for a minimum transaction of Rs. 500.
  5. Enjoy Rs. 25 cashback on a minimum transaction of Rs. 300 on the IRCTC website.
  6. Benefit from accidental air death cover and credit card lost cover.
  7. Exchange 1 reward point for Rs. 0.25.

Features and Benefits of Union Bank RuPay Platinum Credit Card

The Union Bank RuPay Platinum Credit Card offers several features and benefits:

1. Merchant Offers:

  • Exclusive discounts and cashbacks at restaurants with Union Bank’s RuPay Platinum Credit Card.

2. Utility Bill Benefits:

  • Enjoy discounts and cashback when paying utility bills using the card.

3. Fuel Savings:

  • 1% fuel surcharge waiver at any Indian petrol station.
  • Monthly fuel surcharge waiver up to Rs.100.

4. Milestone Rewards:

  • Spend Rs.30,000 or more in a year to waive the annual fee of Rs.299.

5. EMI Facility:

  • Flexible EMI options for 3, 6, 9, or 12 months on various purchases (excluding cash withdrawals, fuel transactions, and gold purchases).

6. Insurance Coverage:

  • Personal accidental coverage up to Rs.2 lakh for death or permanent disability due to an accident.
  • Protection against fraudulent transactions up to Rs.1.50 lakh post-loss reporting.

7. Lost Card Protection:

Union RuPay Platinum Credit Card Fees and Charges

Explore the fee structure for the Union Bank of India RuPay Platinum Credit Card and discover the financial advantages that come with it.

  1. Joining Fee: No joining fee is applicable.
  2. Renewal Fee: A renewal fee of Rs. 299 is charged.
  3. Spend Based Waiver: Spend Rs. 30,000 in the previous year to waive off the renewal fee.
  4. Rewards Redemption Fee: No fee for rewards redemption.
  5. Foreign Currency Markup: A 3% markup is applied on foreign currency transactions.
  6. Interest Rates: The interest rate is 2.95% per month (41.75% per annum).
  7. Fuel Surcharge: Enjoy a 1% fuel surcharge waiver on fuel transactions. The maximum surcharge is capped at Rs. 100 per month.
  8. Cash Advance Charges: Cash advance charges are 3% or Rs. 200 (whichever is higher).
  9. Add-on Card Fee: No fee is charged for add-on cards.

Eligibility Criteria for Union Bank RuPay Platinum Credit Card

Here are essential criteria for applying for an Union Platinum RuPay Credit Card:

1. Minimum Age Requirement:

  • Applicants must be at least 21 years old to be eligible.

2. Employment Status:

  • Eligible individuals include both salaried employees and self-employed individuals.
  • A stable source of income is a prerequisite for applicants.

3. Credit History Check:

  • A decent credit history is essential for successful application processing.
  • The applicant’s creditworthiness will be assessed as part of the eligibility criteria.

Documents Required for Union Bank Platinum RuPay Credit Card

To apply for the Union Bank RuPay Platinum Credit Card, you will typically need to provide the following documents:

  1. Present a government-approved identity and address proof for validation.
  2. Provide a copy of your PAN Card.
  3. Include a passport-size photograph with your application.
  4. Salaried individuals should submit their latest 3 months’ salary slips or audited ITR as income proof.
  5. Self-employed individuals need to provide their latest ITR for verification.

How to apply for Union Bank RuPay Platinum Credit Card?

Follow these steps to apply for the Union RuPay Platinum Credit Card online or offline:

  1. To apply for the Union Bank RuPay Platinum Credit Card, visit the nearest Union Bank branch.
  2. Complete the physical application form provided at the branch.
  3. Bring all required documents for a smooth application process.
  4. Currently, Union Bank doesn’t offer an online application method.
  5. Check the card’s features and terms on Union Bank’s official website for comprehensive information.

Frequently Asked Questions (FAQs)

1. What is the Union Bank RuPay Platinum Credit Card?
The Union Bank RuPay Platinum Credit Card is a premium credit card offered by Union Bank of India in collaboration with RuPay. It provides cardholders with exclusive benefits, rewards, and privileges.

2. How can I apply for the Union Bank RuPay Platinum Credit Card?
You can apply for the Union Bank RuPay Platinum Credit Card online through the official website of Union Bank or by visiting a Union Bank branch. Check the eligibility criteria and required documentation before applying.

3. What are the key features of the Union Bank RuPay Platinum Credit Card?
The key features include cashback on various transactions, reward points on every spend, travel and lifestyle benefits, insurance coverage, and a wide range of discounts at partner merchants.

4. What is the eligibility criteria for the Union Bank RuPay Platinum Credit Card?
The eligibility criteria may vary, but typically include factors such as age, income, credit score, and employment status. It is advisable to check with Union Bank for the specific eligibility requirements.

5. How can I check the status of my Union Bank RuPay Platinum Credit Card application?
You can check the status of your credit card application online through the Union Bank website or by contacting the customer service helpline. Ensure you have your application reference number for reference.

6. What is the credit limit on the Union Bank RuPay Platinum Credit Card?
The credit limit is determined based on various factors, including your income, credit history, and repayment capacity. The bank will assess your application and assign a suitable credit limit accordingly.

7. How can I make payments on my Union Bank RuPay Platinum Credit Card?
You can make payments through various channels, including online banking, mobile banking, cheque payments, and at Union Bank branches. Additionally, you can set up auto-debit instructions for seamless monthly payments.

8. What security features are available with the Union Bank RuPay Platinum Credit Card?
The card comes with advanced security features such as EMV chip technology, PIN-based transactions, and SMS alerts for every transaction. Additionally, Union Bank provides customer support to address any security-related concerns.

9. How can I redeem the reward points earned on my Union Bank RuPay Platinum Credit Card?
You can redeem your reward points through the Union Bank rewards program. This may include options such as merchandise, gift vouchers, or even converting them into cashback. Check the rewards catalog for available redemption options.

10. Is there an annual fee associated with the Union Bank RuPay Platinum Credit Card?
The Union Bank RuPay Platinum Credit Card may have an annual fee, and it is advisable to check the terms and conditions or contact Union Bank for the most up-to-date information on fees and charges.