The Premium Card for Enhanced Security and Rewarding Spends
2 Points per ₹100 spent on all transactions
1% Fuel Surcharge Waiver
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| Benefit | Details |
|---|---|
| Superior Reward Rate | Cardholders earn 2 reward points on every ₹100 spent, ensuring a consistent and valuable return on nearly all purchases. |
| Enhanced Security Coverage | Features a substantial ₹10.00 lakhs Accidental Insurance coverage, offering essential financial protection for the cardholder. |
| Fuel Savings | The card includes a 1% fuel surcharge waiver on applicable transactions, providing routine savings on essential expenditure. |
| Supplementary Cards | Provides the ability to avail up to three add-on cards for immediate family members (spouse, children, and parents) at the bank's discretion. |
| Annual Fee | ₹450/- |
| Attribute | Classification |
|---|---|
| Issuer / Provider | Union Bank of India |
| Bank / Non-bank | Bank-affiliated |
| Category | Premium Rewards / General Purpose |
| Type of Card | VISA Platinum |
| Free or Paid | NIL (Annual Fee = ₹450/-) |
The Union Bank of India VISA Platinum Credit Card represents an outstanding choice for individuals who prioritise a reliable, universally rewarding card supported by strong security features. It offers consistent earning with 2 reward points per ₹100 spent across all categories, eliminating complex tracking. The card provides exceptional security through a substantial ₹10.00 lakhs Accidental Insurance coverage, ensuring peace of mind. Furthermore, the inclusion of a fuel surcharge waiver and the option for up to three supplementary cards make the VISA Platinum Credit Card highly practical for managing daily and family finances efficiently.
Global Acceptance: As a VISA Platinum Credit Card, this card benefits from the expansive acceptance network of VISA. Cardholders can confidently use their card at millions of physical and online merchant locations worldwide, which includes thousands of establishments domestically.
Add-on Cards: The bank provides the facility for the primary cardholder to extend the usage and benefits to their family. The VISA Platinum Credit Card permits the issuance of a maximum of three supplementary cards, which are typically available for the spouse, children, and parents.
Advanced Chip & PIN Technology: The card incorporates modern EMV Chip and PIN technology, which provides enhanced security and protection against fraudulent use during transactions.
Interest-Free Credit: Cardholders are eligible for an extended Interest-Free Credit period of typically 20 to 50 days on your purchases, assisting with efficient monthly financial planning.
Digital Management: The VISA Platinum Credit Card is fully integrated with the bank’s secure digital banking and mobile application suite. This integration allows cardholders comprehensive control, enabling them to easily monitor all transactions, access monthly statements, manage reward points, and adjust card security settings from any location at any time.
Visa Offers: Access exclusive offers on shopping, hotel, and car rentals etc. These benefits are provided by VISA and are subject to change at their discretion without prior notice. Refer to the link for current details.
Standard Reward Points: Cardholders receive a consistent and competitive rate of 2 reward points for every ₹100 spent on their card.
Point Valuation: Every 1 reward point accumulated on the card is valued at ₹0.25 when redeemed through the bank's official channels.
Catalogue Redemption: Points can typically be exchanged for high-quality merchandise, e-gift vouchers, and services via the bank’s dedicated reward redemption portal or application.
Travel and Loyalty: Options are commonly available for converting points into frequent flyer miles with partner airlines or for applying them towards travel bookings, adding significant value for individuals with high travel expenditure.
Accidental Insurance Coverage: The card is accompanied by a substantial ₹10.00 lakhs Accidental Insurance coverage. This coverage offers an essential level of security and reassurance for the cardholder, adding inherent, valuable protection to the card’s features.
Waiver Benefit: The VISA Platinum Credit Card entitles the cardholder to a 1% fuel surcharge waiver on all applicable transactions at petrol stations across India.
Maximum Benefit: This waiver is subjected to a maximum benefit of ₹100 per billing cycle.
Disclaimer: The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice.
| Fee Type | Amount | Details |
|---|---|---|
| Joining Fee | NIL | Union Bank of India VISA Platinum Credit Card comes with no joining fee. |
| Annual Fee | ₹450/- | This nominal charge provides continuous access to the card's premium benefits, substantial insurance, and reward scheme. |
| Add-on Card Fee | ₹350/- | This charge extends the card's all the benefits, security, and reward earning potential to an eligible family member. |
| Fuel Surcharge | 1% on applicable transactions | The waiver is provided on transactions within the defined range, up to the maximum benefit of ₹100 per month. |
| Criteria | Details |
|---|---|
Age | Minimum age is usually 18 to 65 years for salaried individuals and 18 to 70 years for self-employed applicants. |
Occupation | Applicants should be either Salaried (with verifiable, consistent income) or Self-Employed (with a demonstrated stable business income). |
Income | A regular and sufficient source of income is mandatory. The specific minimum income requirements are internally set by the bank. |
Credit Score | 700 or higher for salaried individuals, professionals, and general applicants. 650 or higher employees of public sector undertakings (PSU) and government institutions. |
Other Criteria | Possession of a valid PAN card, a verifiable current residential address, and an acceptable, clean credit history are all necessary prerequisites. |
| Document Type | Details |
|---|---|
| General Application & KYC | Completed Credit Card Application Form. Mandatory KYC documents: Permanent Account Number (PAN) card and Proof of Residence (address verification). |
| Income Proof (For Cards Secured by Earning Capacity) - Salaried Applicants (Union Bank Account) | Last three months' account statements showing salary credits. |
| Income Proof (For Cards Secured by Earning Capacity) - Salaried Applicants (Other Bank Account) | Latest three months' salary slips and the last three months' bank statements confirming salary credits. |
| Income Proof (For Cards Secured by Earning Capacity) - Self-Employed/Non-Salaried Applicants | Income Tax Returns (ITR) for the last two years (including the computation of income) along with the last six months' bank statement. |
| Term Deposit Lien (For Cards Secured by Collateral) | Security Documentation: The original Term Deposit (Fixed Deposit) receipt is required. Maturity Condition: The term deposit must have a minimum of one year remaining until its maturity date. |
Click on Apply Now: Hit the 'Apply Now' button to start your application.
Fill in Your Detail: Enter your personal, contact, and financial details in the application form.
Upload Required Documents: Upload your PAN Card, Aadhaar/Address Proof, and Income Proof.
Submit Your Application: Review all the details and click Submit.
Approval & Card Delivery: Once approved, your VISA Platinum Credit Card will be delivered to your registered address.
| Usage Tips | Details |
|---|---|
Maximise Reward Accumulation | The card should be primarily used for nearly all expenditure, both online and offline, to benefit from the universal 2 reward points per ₹100 spent rate. |
Redeem Points Strategically | Cardholders should periodically check the reward catalogue to identify redemption options that offer the highest value, such as converting points for travel or obtaining statement credit. |
Utilise Fuel Waiver | Ensure fuel purchases are consolidated onto the card, keeping in mind the transaction range (if specified) to consistently avail of the 1% fuel surcharge waiver, up to the ₹100 monthly limit. |
Monitor Security Benefits | Be fully cognisant of the terms and conditions related to the ₹10.00 lakhs Accidental Insurance coverage, understanding how to maintain eligibility for this vital protection. |
Maintain Timely Repayments | Always aim to pay the total outstanding balance in full by the due date. This practice ensures that no interest charges are incurred, which preserves the value derived from the VISA Platinum Credit Card. |
Set Up Alerts | Activate transaction and payment due date alerts via the bank's mobile application or SMS service. This ensures real-time oversight of spending and helps prevent late payments. |
The Union Bank of India VISA Platinum Credit Card is designed for users who want to maximize their credit card benefits effectively.
Disclaimer: The information provided on this page has been gathered from various reliable sources and is intended solely for general informational purposes. As details may change over time, we do not guarantee the accuracy or completeness of the content. Users are advised to verify the information with official or relevant sources before making any decisions or taking action.
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