Union Bank issues several types of credit cards to its customers among these one type of card is Rupay Credit Card. Rupay credit card from Union Bank is tailored to align with your preferences, complement your way of life, and enjoy worldwide acceptance.
RuPay Credit Card is crafted for individuals seeking top-tier services in all aspects of life. This credit card is designed to provide unparalleled benefits both in India and internationally.
Notably, it features EMV Chip and PIN technology for secure Point of Sale transactions, ensuring enhanced safety with its advanced integrated chip. RuPay credit care has many variants such as Select, Premium, JCB Wlllness, etc.
This article, will take a look at RuPay Platinum Credit Card its benefits, features and eligibility.
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Platinum Rupay Credit Card
Platinum RuPay credit card from Union Bank carries annual fee of Rs. 299. Whenever you purchase using this card you will get discounts and cashback on your spending. The card provide several feature and benefits for the card holders.
Features and Benefits of Union Bank RuPay Platinum Credit Card:
Annual Fee Waiver:
Spend Rs. 30,000 or more in the previous year to waive the Rs.299 annual fee for the following year.
Enjoy a 1% fuel surcharge waiver on every fuel transaction, up to Rs.100 per month.
Enjoy special discounts and cashbacks at select merchants.
Access exclusive discounts and cashbacks at restaurants and while paying utility bills.
Achieve an annual fee waiver by spending Rs. 30,000 or more in the previous year.
Flexible EMI Options
Choose convenient EMI tenures of 3, 6, 9, or 12 months for various purchases (excluding cash withdrawals, fuel transactions, and gold purchases).
Make purchases and pay without interest for 21 to 50 days.
Pay in full, the minimum due, or any amount above the minimum.
Manage Your Payments
Choose how you pay, aligning with your financial comfort.
Gain personal accidental coverage of up to Rs.2 lakhs in case of accident-induced death or permanent disability.
Enjoy protection against fraudulent transactions up to Rs.1.50 lakh after reporting the card loss to Union Bank.
Lost Card Protection
Report a lost card immediately by calling Union Bank credit card customer care at 18004251515 (toll-free) to block the card for security.
Platinum RuPay Credit Card Fee and Charges
Joining Fee: There is no joining fee, that mean when you apply for this credit card you did not need to pay any fee.
Annual fee: Annual fee for RuPay card is Rs.299
Add-on credit Card Issuance Fee: Rs.300
Roll-over Facility Fee: Rolling over fee is 5%. Roll-over facility fee means if you roll over the outstanding balance to the next billing cycle
Credit-free period: The credit card has 21 to 50 days of credit free period
Cash advance limit: 30% of sanctioned limit
Card lost charges: None
Replacement of lost card: Rs.149 is charges for replacing your lost card
Charge-slip Request: Rs.200
Transactions Fee at Railways: 1.5% + IRCTC charges
Foreign Currency Mark-up Fee: If you make transaction in foregoing currency you will be charges 3% of the transaction
Temporary Enhancement Fee: Rs.200 if you want to temporary increases your credit on the card.
Cash Withdrawal at Union Bank of India ATMs: 3% or Rs.200 (whichever is higher)
Cash Withdrawal at Other Banks’ ATMs: 3% or Rs.200 (whichever is higher) + Rs.50
Balance Enquiry at Union Bank of India ATMs: None
Balance Enquiry at Other Banks’ ATMs: Rs.20
Interest on Cash Advances: 2.5% monthly interest on cash withdrawals
Service Charge on Revolving Credit Facility: 2.5% per month or 34.49% (Annualised Percentage Rate)
Service Charge on Revolving Credit Facility: 2.95% per month or 41.75% (Annualised Percentage Rate)
Over-limit Fee: there is 2.5% of over-limit amount, minimum Rs.250
Duplicate Statement (Over 3 Months): three-month duplicate statement fee for the card is Rs.50 per statement
Duplicate Physical PIN Mailer: Rs.50 per PIN
Late Payment Fee:
- 200 up to 25,000
- 500 over 25,000
Eligibility for Applying for Union Bank RuPay Platinum Credit Card
- Salaried individuals: Age should range between 18 and 60 years.
- Professionals: Age requirement is between 18 and 70 years.
- Minimum annual income of Rs.2.5 lakh is necessary to apply for this credit card
Documents Needed for RuPay Platinum Credit Card
If you want to apply for platinum credit card from Union Bank of India, you need the fallowing documents to apply:
- You need to submit duly filled application form.
- Two color passport-size photos.
- Business owners need to submit last 2 years of Income Tax Returns (ITR) with computation sheets.
- Salaried individuals need to submit Form 16, latest salary slip, or Income Tax Returns.
- Proof of address documents
- Identity proof documents
- PAN card
Union Bank Platinum Rupay Credit Card Apply
If you want to apply for the platinum RuPay Credit Card, visit the nearest Union bank branch and submit duly filled application form. Ensure you bring all the required documents. Currently, Union Bank does not offer an online application method.
RuPay Credit Card Limit and Card Policy
To get more information such as card limit and other card policy about RuPay Credit Card from Union Bank you can visit the website of the bank and check at credit card policy.
Union Bank of India has introduced RuPay credit Credit card to cater to customer needs. This card provides flexible EMI options, fuel savings, cashback offers, etc. The Platinum RuPay Credit Card, the allows you to earn reward points for every purchase you made through this card.
RuPay Credit card offers cashback deals on specific categories. Additionally, the insurance benefits are also provided through this card.