Everyday Retail & Fuel Savings Credit Card with Low Annual Spend Waiver
Salaried individuals and families looking for a low-cost, dependable everyday payment card from a trusted public sector bank.
Free
One-time upfront₹499
Waived on ₹50,000 annual spendStandard Points
On eligible spends3.00% + GST
Cross-currency spendsLast verified 3 Oct 2026
Objective editorial assessment, ideal spender profile, and primary trade-offs
The Union Bank VISA Platinum Credit Card is an accessible retail payment instrument created for salaried professionals and first-time applicants. With zero joining fee and an annual fee of just ₹499 plus GST (reversed upon spending ₹50,000 annually), it allows cardholders to build credit without recurring financial strain. Cardholders earn 2 reward points per ₹100 spent on routine retail shopping, groceries, and dining. Spenders also benefit from a 1% fuel surcharge waiver at all authorized fuel retail stations across India, alongside complimentary zero lost-card liability protection upon immediate loss reporting. For account holders at Union Bank of India seeking a straightforward payment tool with low waiver thresholds, Visa Platinum is a practical choice.
Base earning rates, partner merchant acceleration, redemption options, and exclusions
| Spend Category | Earn Rate | Reward Cap | Conditions |
|---|---|---|---|
| All Retail Spends | 2 Reward Points per ₹100 spent (0.50% valueback; 1 RP = ₹0.25) | No Cap | Standard terms apply |
Calculate estimated net cashback and points across your actual spending pattern.
Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.
Customize monthly spend in each category. Category amounts sum directly to your monthly spend.
| Category / Reward Bucket | Monthly Spend | Rate | Effective Rate | Cap Period | Eligible Reward | Cap Status |
|---|---|---|---|---|---|---|
| All Retail Spends | ₹30,000 | 2 Reward Points per ₹100 spent (0.50% valueback; 1 RP = ₹0.25) | — | None | Calculating... | Under cap |
| Total Monthly Cashback | ₹30,000 | - | — | - | ₹0 / mo | Zero cap loss |
₹3.6 lakh
12 billing cycles₹0
0% blended return-₹499
Standard renewal+₹0 / yr
Rewards - FeeDomestic and international lounge privileges, spend hurdles, and participating terminals
This card is tailored primarily for shopping rewards, cashback, or specific co-branded spend and does not include complimentary airport lounge visits.
Complete breakdown of joining, renewal, forex, financing APR, and transaction charges
• Eligibility: Salaried professionals with monthly income over ₹20,000 or self-employed with ITR over ₹2.5 Lakhs; age 21 to 65 years. • Joining & Annual Fee: ₹0 joining fee; ₹499 annual renewal fee (waived on spending ₹50,000 in previous card year). • Rewards Structure: Earn 2 reward points per ₹100 on retail transactions with accelerated rewards on utility bills and groceries. • Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹400 and ₹4,000 (maximum waiver ₹150 per statement). • Forex Markup: Standard foreign exchange fee of 3.50% + GST on cross-border transactions. • Zero Liability: Zero fraud liability protection on unauthorized transactions post immediate reporting of lost or stolen card.
Evaluate whether this card's perks and waiver threshold justify its ₹499 renewal fee.
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.
Common questions regarding Union Bank VISA Platinum Credit Card application, fees, reward redemption, and eligibility
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Direct online application on the official Union Bank of India portal with paperless verification.
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