RuPay Platinum Credit Card
Rewards & Benefits
Welcome Benefits
Milestone Benefits
Cashback Rate
The value of 1 reward point = 0.25.
Users will earn 2 RP for every INR 100 spent. Effective cashback rate= 0.50%.
Movie Benefits
Dining Benefits
Other Benefits
The Union Bank of India RuPay Platinum Credit Card offers a variety of benefits, including: Fuel surcharge waiver: You will get a 1% fuel surcharge waiver on all fuel transactions made with your card at any petrol pump in India. Other benefits: The Union Bank of India RuPay Platinum Credit Card also offers other benefits such as: Accidental death insurance coverage of up to Rs. 10 lakh Purchase protection insurance coverage of up to Rs. 2 lakh Extended warranty protection on all purchases made with the card Contactless payment facility Free add-on cards for family members; Users will get personal accidental insurance coverage of up to Rs 2.00 Lakhs in case of loss of life or permanent disability due to accident.
Lounge Access
Fees & Charges
Joining Fee
NIL,
Annual Fee
Rs 299
Cash Advance Fee
Cash advance fee: 2.5% per month from date of withdrawal
Interest rate
16% per annum
Late Payment Fee
Late Payment Charges: Up to Rs. 25,000/- = Rs. 200/- Above Rs.25,000/- = Rs. 500/- Statement for > 3 months = Rs. 50/- per statement
Foreign Currency Transactions Fee
Foreign Currency Transactions Fees: 3%.
Other Fees
Reward Redemption Fees: NIL
Cons
No international usage.
No complimentary airport lounge access.
High late payment fees.
Reward System: The value of 1 reward point = 0.25. Users will earn 2 RP for every INR 100 spent. Effective cashback rate: 0.50%. Users can earn a maximum of Rs. 50 cashback per month on utility bill payments. Users can redeem their reward points for movies, bus & air tickets, gift vouchers, etc. A minimum of 100 reward points needs to be accumulated for redemption.
Users will get personal accidental insurance coverage of up to 2.00 lakh in case of loss of life or permanent disability due to accident.
RuPay Offers: Exclusive merchant offers and cashback in Eateries, Restaurants & Utility Payments provided by RuPay. These offers are provided by RuPay by is subject to change as per their discretion from time to time without prior notice.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
Indian Resident
Age criteria (For Salaried) 18-65 Yrs.
Age criteria(For Professionals) 18-70 Yrs.
Minimum Income- Rs. 2.50 lakhs per annum
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online:
Visit the Union Bank of India RuPay Platinum Credit Card website.
Click on the "Apply Now" button.
Fill in the online application form with your personal and financial details.
Upload the required documents, such as your PAN card, Aadhaar card, and income proof.
Review your application and submit it.
Documents required: To apply for the Union Bank of India RuPay Platinum Credit Card, you will need to submit the following documents: PAN card Aadhaar card Income proof (salary slip for salaried individuals or Form 16 for self-employed individuals) Bank statement (optional)
Contact Details
Toll free numbers are : 1800 2222 44
1800 2222 43
1800 208 2244 1800
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Reward System: The value of 1 reward point = 0.25. Users will earn 2 RP for every INR 100 spent. Effective cashback rate: 0.50%. Users can earn a maximum of Rs. 50 cashback per month on utility bill payments. Users can redeem their reward points for movies, bus & air tickets, gift vouchers, etc. A minimum of 100 reward points needs to be accumulated for redemption.
Users will get personal accidental insurance coverage of up to 2.00 lakh in case of loss of life or permanent disability due to accident.
RuPay Offers: Exclusive merchant offers and cashback in Eateries, Restaurants & Utility Payments provided by RuPay. These offers are provided by RuPay by is subject to change as per their discretion from time to time without prior notice.
No international usage.
No complimentary airport lounge access.
High late payment fees.
The Union Bank of India RuPay Platinum Credit Card offers decent value for occasional travelers and spenders who utilize the cashback offers strategically. It provides basic travel perks, insurance cover, and fuel surcharge waiver. However, the low reward point value, limited redemption options, and network limitations might not be suitable for high spenders or those seeking maximum value and flexibility.
The Union Bank of India RuPay Platinum Credit Card offers decent value for occasional travelers and spenders who utilize the cashback offers strategically. It provides basic travel perks, insurance cover, and fuel surcharge waiver. However, the low reward point value, limited redemption options, and network limitations might not be suitable for high spenders or those seeking maximum value and flexibility.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
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Fuel Surcharge
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Billing Cycle
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