Union Bank of IndiaVisa Network

Verified

Direct Bank Application via Official Issuer Portal

3.3/5 Editorial Score

Union Bank VISA Gold Credit Card

Accessible Public Sector Gold Card with ₹30K Annual Fee Waiver

Best Suited For

Union Bank account holders, conservative spenders, and budget-conscious cardholders wanting a low-cost credit line

Joining Fee

Free

One-time upfront

Annual Fee

₹350

Waived on ₹30,000 annual spend

Base Rewards

Standard Points

On eligible spends

Forex Markup

3.50% + GST

Cross-currency spends

Apply Now Compare Card Official Terms

Last verified 3 Oct 2026

Why Consider This Card?

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

Editorial Verdict

3.3/5 Editorial Score

The Union Bank VISA Gold Credit Card is a dependable, no-frills credit product from Union Bank of India built for everyday utility and low-friction maintenance. The card carries zero joining fee and an annual renewal fee of ₹350 + GST, which is completely waived if you spend a modest ₹30,000 in a membership year (only ₹2,500 per month). Cardholders earn 1 reward point for every ₹100 spent, enjoy up to 50 days of interest-free liquidity, and benefit from a 1% fuel surcharge waiver across domestic petrol outlets. While it does not include luxury perks such as airport lounge access and points have modest redemption value, its low maintenance overhead makes it an ideal emergency credit card for Union Bank savings and salary account holders. Who should consider it: Union Bank of India account holders seeking a budget-friendly credit card with an easily achievable annual fee waiver. Who should avoid it: Reward maximizers and frequent travelers who desire airport lounge access, high cashback rates, or low forex markups.

Ideal For:Union Bank account holders, conservative spenders, and budget-conscious cardholders wanting a low-cost credit line

Card Strengths

Nil Upfront Joining Fee: Issued with zero joining fees for primary cardholders.
Low ₹30,000 Annual Fee Waiver: Spend just ₹2,500 per month to eliminate the ₹350 annual renewal fee.
Up to 50 Days Interest-Free: Generous interest-free grace period supports monthly cash flow management.
1% Fuel Surcharge Waiver: Save on fuel with surcharge relief across domestic petrol outlets nationwide.
Moderate Finance Charges: Competitive 2.50% monthly interest rate (30.00% p.a.) lower than private issuers.

Things to Keep in Mind

Base Annual Fee ₹350 if Below Spend: Failing to spend ₹30,000 in the year incurs the ₹350 + GST maintenance fee.
No Airport Lounge Access: Card does not provide complimentary domestic or international airport lounge visits.
Modest Reward Earn Rate: Earns 1 reward point per ₹100 spent (approx. 0.25% effective redemption return).
Standard 3.50% Forex Markup: Cross-border purchases incur standard foreign currency conversion charges.

Rewards & Cashback Structure

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

Reward Program Name: Union VISA Gold Rewards
Reward Currency: Reward Points
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
All Retail Spends	1 Reward Point per ₹100 spent (0.25% 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

All Retail Spends0.25%

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
All Retail Spends	₹30,000	1 Reward Point per ₹100 spent (0.25% 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

-₹350

Standard renewal

Net Annual Value

+₹0 / yr

Rewards - Fee

*Calculation based on verified card reward rates, applicable monthly caps, and fee-waiver thresholds - ₹350 annual fee.

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Airport Lounge Access

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

No Airport Lounge Access Included

This card is tailored primarily for shopping rewards, cashback, or specific co-branded spend and does not include complimentary airport lounge visits.

Fees & Charges

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

1. Card Membership Fees

Joining Fee (1st Year): Free
Annual / Renewal Fee (2nd Year Onwards): ₹350
Annual Spend Fee Waiver: Waived on ₹30,000 annual spend
Fee Terms Notes: Nil joining fee; ₹350 + GST annual renewal fee, completely waived on spending ₹30,000 in preceding membership year.

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): 2.50% per month
Annualized Interest Rate (APR): 30.00% 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 VISA Gold Credit Card: • Joining & Annual Fee: Nil joining fee; ₹350 + GST annual renewal fee (Waived on spending ₹30,000+ in preceding membership year). • Reward Accrual: Earn 1 Reward Point per ₹100 spent on all eligible retail POS and online purchases. • Fuel Surcharge Relief: 1% fuel surcharge waiver for transactions across domestic petrol pumps. • Interest-Free Period: Up to 50 days from transaction date when total statement balance is paid in full. • Finance Charges: 2.50% per month (30.00% annualized) on revolving unpaid balances. • Foreign Exchange Markup: Standard 3.50% + GST on international transactions.

Is the Annual Fee Worth It?

Evaluate whether this card's perks and waiver threshold justify its ₹350 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 VISA Gold Credit Card application, fees, reward redemption, and eligibility

What is the annual fee of Union Bank VISA Gold Credit Card?

The card has Nil joining fee and an annual fee of ₹350 + GST, which is completely waived if you spend ₹30,000 or more in the preceding membership year.

How do I get the annual fee waived on Union Bank VISA Gold?

Spend at least ₹30,000 cumulatively on retail transactions during your card anniversary year to have the renewal fee 100% waived.

Does the Union Bank VISA Gold Credit Card offer airport lounge visits?

No, airport lounge access is not included on the Gold variant. For lounge visits, explore the Union RuPay Unicorn card.

What is the reward rate on this card?

You earn 1 Reward Point for every ₹100 spent on eligible retail transactions.

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

The joining fee for Union Bank VISA Gold Credit Card is Free (one-time), and the annual renewal fee is ₹350 from the second year onwards. GST of 18% is applicable on all fee charges.

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

Yes, the annual renewal fee of ₹350 is waived upon achieving annual spends of ₹30,000 in the preceding card anniversary year.

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

Union Bank VISA Gold Credit Card offers reward points on eligible transactions. Cardholders also enjoy accelerated reward rates on partner merchants and selected digital spend categories.

Does Union Bank VISA Gold Credit Card offer complimentary airport lounge access?

No, Union Bank VISA Gold Credit Card is designed for daily retail, cashback, or UPI spend and does not currently include complimentary airport lounge visits.

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Spend Category

Earn Rate

Reward Cap

Conditions

All Retail Spends

1 Reward Point per ₹100 spent (0.25% valueback; 1 RP = ₹0.25)

No Cap

Standard terms apply

Category / Reward Bucket

Monthly Spend

Rate

Effective Rate

Cap Period

Eligible Reward

Cap Status

All Retail Spends

₹30,000

1 Reward Point per ₹100 spent (0.25% valueback; 1 RP = ₹0.25)

—

None

Calculating...

Under cap

Total Monthly Cashback

₹30,000

—

₹0 / mo

Zero cap loss