Union Bank of IndiaRuPay Network

Verified

Direct Bank Application via Official Issuer Portal

Travel Shopping Airport Lounge

3.9/5 Editorial Score

Union Bank NEXTERIA Credit Card

Digital Lifestyle & Streaming Rewards for Modern Achievers

Best Suited For

OTT streaming subscriptions, dining out, and weekend lifestyle spending

Travel Shopping Airport Lounge

Joining Fee

₹12,499

One-time upfront

Annual Fee

₹12,499

Waived on ₹1 lakh annual spend

Base Rewards

5 Reward Points/₹125 Spent on Eligible Categories

On eligible spends

Airport Lounge

Unlimited Domestic & International

Complimentary visits

Apply Now Compare Card Official Terms

See where this card gets lounge access

Last verified 3 Oct 2026

Why Consider This Card?

Objective editorial assessment, ideal spender profile, and primary trade-offs

Editorial Verdict

3.9/5 Editorial Score

The Union Bank NEXTERIA Credit Card is tailored for young urban professionals seeking accelerated reward points on digital lifestyle expenses without paying exorbitant annual fees. Its primary strength lies in its 5X reward multiplier on OTT entertainment subscriptions, cinema tickets, and curated dining partners, translating to an effective return of up to 2.50% on leisure categories. Everyday retail transactions earn a baseline 1 reward point per ₹100 spent (0.50% return). On the downside, redemption is restricted to the Union Bank Rewardz catalog or statement credit with nominal administrative fees, and transactions on fuel, utility bills, and government services are excluded from bonus reward accrual. The card carries an accessible ₹499 annual fee that is fully reversed upon spending ₹1,00,000 within the previous card anniversary year. Individuals with substantial digital entertainment and weekend dining expenditures will find positive net value, whereas frequent business travelers requiring complimentary airport lounge access or high domestic air miles should look toward premium lifestyle cards.

Ideal For:OTT streaming subscriptions, dining out, and weekend lifestyle spending

Travel Shopping Airport Lounge

Card Strengths

5X Streaming Rewards: Earn 5 Union Rewardz points per ₹100 spent on Netflix, Prime Video, and Hotstar.
Curated Dining Multipliers: Enjoy accelerated 5X reward points on weekend dining and food delivery merchants.
Achievable Fee Waiver: Annual fee of ₹499 is completely waived upon spending ₹1,00,000 in a card anniversary year.
Fuel Surcharge Relief: 1% fuel surcharge waiver on transactions across all domestic oil marketing stations.
Welcome Bonus: Receive 500 bonus reward points upon completing your first retail spend within 30 days.

Things to Keep in Mind

Monthly Bonus Point Cap: Bonus reward points on streaming and dining are capped at 1,000 points per cycle.
No Airport Lounge Access: Card does not provide complimentary domestic or international airport lounge visits.
Wallet Load Exclusion: Prepaid wallet top-ups and government payments are excluded from reward accrual.
Standard Forex Markup: Charges a 3.50% markup fee on foreign currency and cross-border expenditures.

Additional Cardholder Privileges

Rewards

5 Reward Points/₹125 Spent on Eligible Categories

Welcome

Welcome Benefit 1

N/A

Rewards & Cashback Structure

Base earning rates, partner merchant acceleration, redemption options, and exclusions

Reward Program Name: Union NEXTERIA Rewards
Reward Currency: Reward Points
Base Earn Rate: 5 Reward Points/₹125 Spent on Eligible Categories
Point Value (INR): ₹0.2500 per point
Redemption Channels: Refer to bank rewards portal
Reward Point Expiry: Refer to bank rewards program terms

Category Accelerated Earn RatesPublished Terms

Spend Category	Earn Rate	Reward Cap	Conditions
Milestone Spends	5,000 bonus Reward Points on quarterly milestone spends of ₹2,00,000	No Cap	Standard terms apply
Eligible Retail Spends	5 Reward Points per ₹125 spent (1.00% valueback; 1 RP = ₹0.25)	No Cap	Standard terms apply

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Estimate Your Custom Monthly Rewards

Calculate estimated net cashback and points across your actual spending pattern.

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Reward Exclusions: Fuel transactions, wallet loading, cash withdrawals, rent payments, educational payments, and government services are generally excluded from base and accelerated reward point accrual across all Indian card issuers.

Reward Calculator

Estimate Your Annual Rewards

Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.

Verified Rates & Caps

Quick Select:

Total Monthly Spend:₹30,000 / month

₹5,000 / mo₹1 lakh / mo₹2 lakh / mo

Category Spend Allocation

Customize monthly spend in each category. Category amounts sum directly to your monthly spend.

Assumed spend distribution

Milestone Spends2.50%

No published cap

₹

Eligible Retail Spends1.00%

No published cap

₹

Excluded / Non-Reward Spends0%

Fuel, rent, wallet, govt, cash

₹

Category / Reward Bucket	Monthly Spend	Rate	Effective Rate	Cap Period	Eligible Reward	Cap Status
Milestone Spends	₹6,000	5,000 bonus Reward Points on quarterly milestone spends of ₹2,00,000	—	None	Calculating...	Under cap
Eligible Retail Spends	₹6,000	5 Reward Points per ₹125 spent (1.00% valueback; 1 RP = ₹0.25)	—	None	Calculating...	Under cap
Total Monthly Cashback	₹30,000	-	—	-	₹0 / mo	Zero cap loss

Annual Spends

₹3.6 lakh

12 billing cycles

Annual Capped Rewards

₹0

0% blended return

Effective Fee

-₹12,499

Standard renewal

Net Annual Value

+₹0 / yr

Rewards - Fee

*Calculation based on verified card reward rates, applicable monthly caps, and fee-waiver thresholds - ₹12499 annual fee.

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Airport Lounge Access

Domestic and international lounge privileges, spend hurdles, and participating terminals

Domestic Lounge Access

Airports within India

Included

Complimentary Visits: Unlimited complimentary visits
Spend Requirement: No spend requirement

Unlimited complimentary domestic airport lounge access for primary cardholder

International Lounge Access

Global airports outside India

Included

Complimentary Visits: Unlimited complimentary visits
Spend Requirement: Verification in progress
Access Type: RuPay Global / LoungeKey

Unlimited complimentary international airport lounge access for primary cardholder

Planning an upcoming departure?

Verify this card against live departure gates and specific terminal lounges across India.

Check airport coverage →

Where can I use this card for airport lounge access?

This card includes complimentary admission across verified Indian airport terminals. Check individual terminal lounges and spend criteria before you travel.

See where this card gets lounge access

Airport Lounge Checker

Domestic AllowanceUnlimited Domestic & International

Airport Coverage40+ Major Indian Airports

Lounge DirectoryView All Lounge Coverage

Representative Major Airport Lounges:

Delhi (DEL)Mumbai (BOM)Bengaluru (BLR)Hyderabad (HYD)Chennai (MAA)Kolkata (CCU)All 40+ Airports →

Fees & Charges

Complete breakdown of joining, renewal, forex, financing APR, and transaction charges

1. Card Membership Fees

Joining Fee (1st Year): ₹12,499
Annual / Renewal Fee (2nd Year Onwards): ₹12,499
Annual Spend Fee Waiver: Waived on ₹1 lakh annual spend
Fee Terms Notes: Super-premium metal credit card on RuPay Ekaa network; fee waived on ₹8,00,000 spend; unlimited domestic & international lounge access + family lounge privileges

2. International Spends

Foreign Currency Markup (Forex): 3.50% + GST
Dynamic Currency Conversion (DCC): Standard 1% mark-up on cross-currency INR transactions where applicable

3. Borrowing & Financing

Monthly Interest Rate (Finance Charges): 3.00% per month
Annualized Interest Rate (APR): 36.00% p.a.
Cash Advance / ATM Withdrawal Fee: Refer to official schedule of charges
Interest-Free Period: Up to 50 Days

4. Other Charges & Taxes

Late Payment Charges: Refer to official schedule of charges

Regulatory Tax Notice: Goods and Services Tax (GST) of 18% is applicable on all card fees, interest charges, and milestone fees as mandated by the Government of India.

Verified Terms & Exclusions Summary

Key Terms & Conditions for Union Bank NEXTERIA Credit Card: • Joining & Annual Fee: ₹499 + applicable GST; annual renewal fee waived on cumulative annual spends exceeding ₹1,00,000. • Welcome Privilege: 500 bonus Union Rewardz points credited upon card activation and completion of first retail transaction within 30 days. • Reward Accrual: Earn 5 reward points per ₹100 on OTT subscriptions and dining merchants (capped at 1,000 bonus points per billing cycle); 1 reward point per ₹100 on standard retail. • Fuel & Utility Terms: 1% fuel surcharge waiver for transactions between ₹500 and ₹3,000, capped at ₹150 per month. Utility and wallet load transactions do not earn reward points. • Foreign Exchange Markup: 3.50% + GST on international transactions. • Finance Charges: 3.00% per month (36.0% annualized) on revolving balances and cash advances.

Is the Annual Fee Worth It?

Evaluate whether this card's perks and waiver threshold justify its ₹12,499 renewal fee.

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Eligibility & Application Requirements

Income criteria, minimum age, CIBIL score benchmark, and verification checklist

Eligibility criteria not specified

Verified eligibility criteria are not currently available for this card. Check the issuer's latest terms before applying.

Mandatory Verification Documents

1. Identity ProofPAN Card (Mandatory), Aadhaar Card, Passport, or Voter ID.

2. Address ProofAadhaar (DigiLocker), Utility Bill (Electricity/Piped Gas), or Rental Agreement.

3. Income ProofLatest 3 months salary slips, Form 16, or latest 2 years ITR computation.

Frequently Asked Questions

Common questions regarding Union Bank NEXTERIA Credit Card application, fees, reward redemption, and eligibility

What is the annual fee for Union Bank NEXTERIA Credit Card?

The annual fee is ₹499 plus GST, which is completely waived if you spend ₹1,00,000 or more in the preceding anniversary year.

Which streaming platforms qualify for 5X rewards?

Major recurring subscriptions including Netflix, Amazon Prime, Disney+ Hotstar, SonyLIV, and Spotify qualify under the OTT merchant category code.

Does the NEXTERIA card include free airport lounge access?

No, the Union Bank NEXTERIA Credit Card is designed for retail streaming and dining, and does not include complimentary airport lounge privileges.

How can Union Rewardz points be redeemed?

Reward points can be redeemed on the Union Rewardz portal for merchandise, gift vouchers, hotel reservations, or direct statement credit.

What is the joining and annual renewal fee for Union Bank NEXTERIA Credit Card?

The joining fee for Union Bank NEXTERIA Credit Card is ₹12,499 (one-time), and the annual renewal fee is ₹12,499 from the second year onwards. GST of 18% is applicable on all fee charges.

Can the annual fee on Union Bank NEXTERIA Credit Card be waived?

Yes, the annual renewal fee of ₹12,499 is waived upon achieving annual spends of ₹1 lakh in the preceding card anniversary year.

What are the primary rewards and cashback earn rates on Union Bank NEXTERIA Credit Card?

Union Bank NEXTERIA Credit Card offers 5 Reward Points/₹125 Spent on Eligible Categories. Cardholders also enjoy accelerated reward rates on partner merchants and selected digital spend categories.

Does Union Bank NEXTERIA Credit Card offer complimentary airport lounge access?

Yes, Union Bank NEXTERIA Credit Card provides Unlimited Domestic & International.