By Divya Shokeen
Updated On August 31, 2022

Union Platinum RuPay Credit Card is the premium credit card offered by the Union Bank of India. It’s a cashback credit card that lets you enjoy cashback on various transactions like making payments on utility bills, or booking tickets from IRCTC. Besides these benefits, you can also earn a reward rate of 0.02% on every Rs. 100 spent using this card. The joining fee of this credit card is nil and it is worth considering. This card is a great option for those who want to get an affordable credit card with decent rewards and benefits. Other than offering Reward Points on all the spends, the card provides you with complimentary insurance cover, fuel surcharge waiver, and a few more benefits. For detailed information about the Union Platinum RuPay Credit Card, its features and fees & charges, keep reading the article:

Union Paltinum RuPay Credit Card Featured

Best Suited For

Shopping |

Joining Fee

NIL

Reward Type

Cashback |

Product Details

  • Union Platinum RuPay Credit Card comes with no joining fee.
  • Earn 2 reward points on every Rs. 100 spent using this card.
  • Earn cashback of Rs. 50 on payment of utility bills.
  • Earn cashback of Rs. 50 on a minimum transaction of Rs. 500.
  • Earn cashback of Rs. 25 on a minimum transaction of Rs. 300 spent on the IRCTC website.
  • Covers accidental air death cover and credit card lost cover.
  • 1 RP = Rs. 0.25

Rewards and Benefits

Welcome Benefits

NA

Movie & Dining

NA

Rewards Rate

You can earn a maximum of Rs. 50 cashback per month on utility bill payment. You can earn a maximum of Rs. 50 cashback per month on a minimum transaction of Rs. 500 in your mobile wallet. You can also cashback of Rs. 25 on spending a minimum of Rs. 300 spent on IRCTC transactions. You can earn 2 reward points on every Rs. 100 spent on this card.

Reward Redemption

You can redeem your reward points for movies, bus & air tickets, gift vouchers, etc. A minimum of 100 reward points needs to be accumulated for redemption. 1 reward point = Rs. 0.25.

Travel

NA

Golf

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Insurance Benefits

Covers accidental air death up to Rs. 8 lakhs and other accidental death up to Rs. 5 lakhs

Zero Liability Protection

Cover lost card insurance up to Rs. 1,50,000.

Fees & Charges

Joining Fee

NIL

Renewal Fee

Rs. 299

Spend based Waiver

Renewal fee waived off on spending Rs. 30,000 in the previous year.

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3%

Interest Rates

2.95% p.m. (41.75% p.a.)

Fuel Surcharge

1% Fuel surcharge waiver on fuel transactions. The maximum fuel surcharge is capped at Rs. 100 per month.

Cash Advance Charge

3% or Rs. 200 (whichever is higher)

Add-on Card Fee

Nil

Union Bank RuPay Platinum Chip Credit Card Features and Benefits

The Platinum RuPay Credit Card offered by the Union Bank is a basic and one of the most popular cards that are issued on the RuPay network. This card offers a decent reward rate and several other benefits. The detailed features and benefits of this card are mentioned below:

Insurance Benefits

  • You get an insurance cover of accidental air death up to Rs. 8 lakhs on Union Platinum RuPay Credit Card.
  • Apart from air death, this card also covers other accidental death insurance of up to Rs. 5 lakhs.

Other Benefits

  • The Union Bank of India provides a credit lost insurance cover up to Rs. 1,50,000 on the Union Platinum RuPay Credit Card.
  • You also get a 1% fuel surcharge waiver on this credit card.

Union Bank RuPay Platinum Credit Card Reward Points

The reward points offered by the Union Bank RuPay Platinum Credit Card in different categories are as follows:

  • On Union Platinum RuPay Credit Card, you can earn 2 reward points on every Rs. 100 spent.
  • This card lets you earn a maximum of Rs. 50 cashback per month on making utility bill payments.
  • You can earn a maximum of Rs. 50 cashback per month on a minimum transaction of Rs. 500 in your mobile wallet on this card.
  • You can also cashback of Rs. 25 on spending a minimum of Rs. 300 spent on IRCTC transactions.

Reward redemption

  • The Union Platinum RuPay Credit Card lets you redeem your reward points easily for movies, bus & air tickets, gift vouchers, etc from UnionRewardz.com.
  • For a successful redemption of your Union Platinum RuPay Credit Card reward points, you need to redeem at least 100 reward points at a time.
  • 1 reward point is equivalent to Rs. 0.25.
  • The reward points are valid up to 3 years from the date of accumulation.

Union Bank RuPay Platinum Credit Card Eligibility Criteria

The basic eligibility requirements for the Union Bank RuPay Platinum Credit Card are as follows:

  • The applicant’s age should be a minimum of 21 years.
  • The applicant should either be salaried or self-employed, i.e, the applicant should have a stable source of income.
  • The applicant should have a decent credit history.

Documents Required

You will also need to submit/upload a few documents while applying for the Union RuPay Platinum Credit Card. These documents are listed below:

  • Any valid identity and address proof (government-approved).
  • Copy of PAN Card.
  • A passport-size photograph of the applicant.
  • Latest 3 months’ salary slips/latest audited ITR as income proof of salaried individuals.
  • Latest ITR of self-employed people.

How To Apply For The Union Bank RuPay Platinum Credit Card?

You can apply for the Union Bank RuPay Platinum Credit Card by visiting your nearest Union bank branch and filling out the physical application form there. Make sure to carry all the necessary documents along with you. Union Bank doesn’t provide any online application method as of now so you can not apply online. But, you should make sure to check all the features & terms and conditions of this card from the Union Bank’s official website.

Conclusion

The Union Bank of India to cater to the needs of its customers has launched a premium credit card that offers cashback benefits on selected transactions. The Union Platinum RuPay Credit Card has not only provided sopping benefits but insurance benefits too. You get accidental air death cover and lost card insurance cover on this card. Certainly being a premium credit card, this credit card offers decent offers and benefits. You can definitely vouch for this credit card at Rs. 299 renewal membership fee which will also be waived off on spending Rs. 30,000 in the previous year. Punjab National Bank also offers a similar card on the RuPay platform, which is the PNB RuPay Platinum Credit card.

Do comment down below whether you would like to vouch for the Union Platinum RuPay Credit Card or not.

FAQs:

You can redeem your reward points collected on the Union Bank of Inda Credit Card from the Union Rewardz website. 1 reward point is equivalent to Rs. 0.25.

No, the Union Bank of India does not provide you lounge access on the Union Platinum RuPay Credit Card.

No, you do not get any welcome benefits on the Union Platinum RuPay Credit Card.

Yes, on spending Rs. 30,000 in the previous year the renewal fee on the Union Platinum RuPay Credit Card gets waived off.

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