Union Uni Carbon Credit Card

The Union Uni Carbon credit card, a collaboration with HPCL, serves as a fuel card, offering enticing rewards. Earn 4% cashback for every Rs 100 spent on fuel and receive 6 payback points at HPCL stations through the HP Pay app or POS. Unlock bonus reward points with an annual spend of Rs 1,25,000, enjoying milestone benefits. Additionally, benefit from a spend-based waiver for annual spending of Rs 1,00,000 or more in the preceding year. Experience a card designed for fuel savings and exclusive perks.

Key Highlights of Union Uni Carbon Credit Card

Unlock unparalleled benefits with the Union Uni Carbon Credit Card.

  1. Earn 500 Reward Points annually by spending Rs 1,25,000.
  2. Enjoy 16 reward points on Rs 500 fuel spending, equivalent to 4% cashback.
  3. Get 2 reward points on every Rs 100 spent on non-fuel transactions.
  4. Receive a welcome bonus of Rs 300 credited to your bill at any HPCL fuel station.
  5. Annual fee waiver for spending Rs 1,00,000 or more in the previous year.
  6. Avail air accidental cover up to Rs 10 lakhs.
  7. Enjoy a 1% surcharge waiver on fuel transactions of Rs 200 or more at all HPCL fuel stations.

Features and Benefits of Union Uni Carbon Credit Card

The Union Uni Carbon Credit Card offers several features and benefits:

1. Welcome Benefits:

  • Receive a welcome bonus of up to Rs.300.
  • Qualify for the bonus by purchasing fuel worth Rs.300 and above at HPCL outlets.
  • Earn bonus points when your annual spends reach Rs.1.25 lakh in a year.

2. Rewards Points Benefits:

  • Gain 2 reward points for every Rs.100 spent on non-fuel expenses.
  • Earn Rs.0.50 for every Rs.100 spent on non-fuel transactions.

3. Cashback Benefits:

  • Get 16 rewards on fuel spends (transaction value of Rs.500 and above), equivalent to Rs.4.00 cashback on every Rs.100 spent.
  • Receive an additional 1.50% cashback as 6 payback points on transactions made via the HP Pay App of HPCL.

4. Fuel Benefits:

  • Enjoy a 1% fuel surcharge waiver on transactions of Rs.200 and more at HPCL outlets.
  • This waiver is in addition to the 4% cashback.

5. Insurance Benefits:

  • Avail insurance coverage of up to Rs.10 lakh.

6. Milestone Benefits:

  • Earn bonus points when your annual spends reach Rs.1.25 lakh in one year.

Union Uni Carbon Credit Card Fees and Charges

Explore the fee structure for the Union Uni Carbon Credit Card and discover the financial advantages that come with it.

  1. Joining Fee: Rs. 499
  2. Annual Fee/Renewal Fee: Rs. 499 (waived off on spending Rs. 1 Lakh in a year)
  3. Finance Charges: 2.5% to 2.95% per month | 34.49% to 41.75% annually
  4. Foreign Currency Markup: 3%
  5. Late Payment Charges:
  • Up to Rs. 25,000: Rs. 200
  • Above Rs. 25,000: Rs. 500

Eligibility Criteria for Union Uni Carbon Credit Card

Here are essential criteria for applying for an Union Uni Carbon Credit Card:

1. Salaried Individuals:

  • Minimum Age: 18 years
  • Maximum Age: 60 years

2. Self-Employed/Others:

  • Minimum Age: 18 years
  • Maximum Age: 70 years

3. Minimum Annual Salary/Income:

  • Rs. 2.50 lakhs per annum

4. Add-on Card:

  • Issuance of a maximum of 3 add-on cards for the spouse, children, or parents of the primary cardholder.

5. EMI Conversion:

  • Flexible repayment option for high-value merchant transactions.

6. Free Credit Period:

  • Enjoy a free credit period of 21 to 50 days, depending on the purchase date.

How to apply for Union Uni Carbon Credit Card

Follow these steps to apply for the Union Uni Carbon Credit Card online or offline:

  1. To apply for the Union Uni Carbon 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 Uni Carbon Credit Card?

The Union Uni Carbon Credit Card is a credit card offered by Union Bank that allows cardholders to earn carbon credits for their transactions, contributing to environmental sustainability.

2. How do I earn carbon credits with the Union Uni Carbon Credit Card?

You earn carbon credits with every eligible purchase made using the Union Uni Carbon Credit Card. The amount of carbon credits earned is based on the transaction value and the card’s specific rewards program.

3. What are carbon credits, and how do they work?

Carbon credits are a form of tradable certificate representing the right to emit one ton of carbon dioxide or an equivalent amount of a different greenhouse gas. With the Union Uni Carbon Credit Card, you accumulate these credits by making environmentally conscious transactions.

4. Can I use the Union Uni Carbon Credit Card like a regular credit card?

Yes, the Union Uni Carbon Credit Card can be used for all regular credit card transactions, including online and offline purchases, bill payments, and cash withdrawals at ATMs.

5. How can I redeem the carbon credits earned with my Union Uni Carbon Credit Card?

Carbon credits earned through the Union Uni Carbon Credit Card can be redeemed through the bank’s designated platform or programs that support carbon offset initiatives. Details on redemption options will be provided by the bank.

6. Is there an annual fee for the Union Uni Carbon Credit Card?

Check the specific terms and conditions of the Union Uni Carbon Credit Card for information on annual fees. Some credit cards may have annual fees, while others may offer fee waivers based on spending patterns.

7. What additional benefits come with the Union Uni Carbon Credit Card?

Apart from earning carbon credits, the Union Uni Carbon Credit Card may offer additional benefits such as rewards points, cashback, travel perks, and other privileges. Refer to the card’s terms and conditions for a comprehensive list of benefits.

8. How can I monitor my carbon credit balance and transactions?

You can monitor your carbon credit balance and track transactions through the Union Bank online banking portal, mobile app, or by contacting the bank’s customer service.

9. Are there any restrictions on the type of purchases eligible for carbon credit rewards?

Typically, most purchases are eligible for carbon credit rewards. However, certain transactions like cash advances, balance transfers, and fees may not be eligible. Refer to the card’s terms and conditions for specific details.

10. What steps does Union Bank take to ensure the environmental impact of the carbon offset projects?

Union Bank follows rigorous criteria when selecting carbon offset projects to ensure their credibility and positive impact on the environment. Detailed information on the bank’s sustainability initiatives can be obtained from their official communications or customer service.