Synopsis: Union Bank RuPay Select Credit Card offers reward points on everyday spending along with basic travel and safety benefits. This article goes into detail on how the card works and why it can be one of the best cards to save more on daily expenses.
Union Bank RuPay Select Credit Card is a well-balanced rewards credit card designed for people who want everyday benefits without paying a high annual fee. The card is suited for regular spenders and occasional travelers and offers reward points on daily purchases, complimentary lounge access, fuel surcharge savings, and insurance cover under one simple offering.
Running on the RuPay network, it also supports UPI payments and works smoothly for both online and offline transactions. This makes it a perfect choice for users who prefer a reliable, easy-to-use credit card backed by the trust of a public sector bank, rather than cards with complex reward rules or limited-use benefits.
Union Bank RuPay Select Credit Card
- Joining Fee: Nil
- Annual Fee: Rs 499 + taxes
- Fee Waiver: Annual fee is waived on spending above ₹50,000 annually
- Card Type: Reward-type Credit Card
- Best Used For: Regular spending and lounge access at a low annual fee
Eligibility: To apply for the Union Bank RuPay Select Credit Card, you must be at least 18 years old. Salaried applicants should be between 18 and 60 years of age, while professionals can apply up to 70 years. The bank also requires a minimum annual income of ₹7.5 lakh. Add-on cardholders must also be 18 years or above.
Fees & Charges
- Interest Rate (APR): 16% p.a.
- Late Payment Fee:
- Rs 200 and (for amount up to Rs 25000)
- Rs. 500 (for amount above Rs 25000)
- Cash Withdrawal Fee is 3% of the amount or Rs.200 (whichever is higher) and an additional fee of Rs 50 if you withdraw from other banks.
- Foreign Currency Markup is 3%
Reward Structure
The Union Bank RuPay Select Credit Card follows a simple reward points system. You earn reward points on spending regularly without category or plan based reward system. This makes the card easy to use and suitable for everyday expenses.
Redemption Process
Earn 4 reward points for every ₹100 spent on eligible categories. (1 Reward point = Rs. 0.25)
You spend, and you earn points at a fixed rate. There are no categories or complicated reward slabs.
Also Read: Diamond Reserve Credit Card: IDFC Launches New Zero Forex Credit Card With Attractive Travel Rewards
Key Benefits & Perks
- Get accident insurance coverage up to Rs. 10 lakhs and an additional Rs. 30 lakhs (Premium Borne by Card Holder)
- You can link your RuPay Credit card to UPI for merchant payments through UPI
- Fuel surcharge waiver of 1% up to Rs 100
- Insurance benefit up to Rs.1.5 lakh on loss of card
- RuPay benefits like cashback and discounts benefits on paying your utility bills.
Travel Benefits
Airport Lounge Access:
- 8 domestic airport lounge visits per year (2 per quarter)
- 2 international airport lounge visits per year
Who Should Get This Card?
This card is a good choice for people who are new to credit cards and want a simple rewards card. It suits users who want airport lounge access without paying a high annual fee. It is also useful for those who prefer earning reward points instead of cashback.
People who are already customers of Union Bank of India may find this card easier to trust and manage. Since it runs on the RuPay network, it is also a good option for users who want to make UPI payments using their credit card.
Final Wording
The Union Bank RuPay Select Credit Card is a sensible choice for everyday use. It offers reward points on regular spending along with useful benefits like lounge access, fuel savings, and insurance cover.
The card is best suited for users who want a simple rewards card backed by the trust of Union Bank of India, without dealing with high fees or complicated reward rules.
FAQs
No, it is a reward point–based credit card.
No, there are no categories to choose from. Rewards are earned at a fixed rate.
Yes, but you should keep in mind that the forex markup is slightly higher at 3%.
Written by Supriya
