VISA Gold Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
VISA Gold Credit Card
Bank Name :
Union Bank of India
Type :
Lifestyle Credit Card
Interest Rate :
16% per annum on reducing balances
Eligibility :
1-Primary card holder should be in the age bracket of 18 years to 60 years for salaried and 18 years to 65 years for professionals.,
2-Add-on card holder should be 18 years and above,
3-Income Eligibility is 1.80 lakh per Annum.
Pros
Fuel surcharge reimbursement of 1% of the amount spent on fuel purchase, subject to a maximum of Rs. 100 per card per month
Group personal accident insurance coverage of up to Rs. 5 lakh
Wider acceptance of over 9 lakh merchants in India and over 29 million merchants abroad
Lost card liability protection of up to Rs. 1.5 lakh
Option to add up to 3 add-on cards for family members
Exclusive offers on shopping, hotel, and car rentals, etc.
Cons
No welcome benefit is provided to the users.
No domestic or international airport lounge access facility available.
Pros & Cons
Welcome Benefits
Rewards System
You can redeem your reward points for movies, bus & air tickets, gift vouchers, etc.
A minimum of 100 reward points needs to be accumulated for redemption.
1 reward point = Rs. 0.25.
You can earn 2 RP for every INR 100 spent.
Effective cashback rate: 0.5%
International Forex Markup
Welcome Benefits and Reward System
Special Features
Eligibility Criteria
1-Primary card holder should be in the age bracket of 18 years to 60 years for salaried and 18 years to 65 years for professionals.,
2-Add-on card holder should be 18 years and above,
3-Income Eligibility is 1.80 lakh per Annum.
Benefits
The Union Bank of India VISA Gold Credit Card offers a variety of benefits, including:
2 reward points for every Rs. 100 spent on all transactions
1% fuel surcharge waiver at all fuel pumps in India
Welcome bonus of 250 reward points Milestone bonus rewards based on annual spending
Rewards redemption for cash back, vouchers, or merchandise 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
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Online Visit the Union Bank of India website and go to the Credit Card section.
Click on the "Apply Now" button for the VISA Gold Credit Card.
Fill in the application form with your personal and financial details.
Upload the required documents, such as your PAN card, ID proof, and address proof.
Submit the application form.
Required documents PAN card ID proof (Aadhaar card, driving license, passport, etc.) Address proof (Aadhaar card, bank statement, utility bill, etc.) Income proof (salary slip, ITR, etc.)
Processing time The processing time for Union Bank of India's VISA Gold Credit Card application is typically 7-10 business days.
Once your application is approved, you will receive your credit card within 7-10 business days.
Contact Details
Toll free numbers are : 1800 2222 44
1800 2222 43
1800 208 2244 1800
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Fuel surcharge reimbursement of 1% of the amount spent on fuel purchase, subject to a maximum of Rs. 100 per card per month
Group personal accident insurance coverage of up to Rs. 5 lakh
Wider acceptance of over 9 lakh merchants in India and over 29 million merchants abroad
Lost card liability protection of up to Rs. 1.5 lakh
Option to add up to 3 add-on cards for family members
Exclusive offers on shopping, hotel, and car rentals, etc.
No welcome benefit is provided to the users.
No domestic or international airport lounge access facility available.
HDFC Bank Biz Power Credit Card
The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.
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
Joining fee- NIL ,
Annual Fee- 299
Cash advance fee: 2.5% per month from date of withdrawal
Interest Rates: 16% p.a., on reducing balances
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 Fees: 3%.
Railway transactions fee 1.5% + IRCTC charges
Reward Redemption Fees: NIL
Fuel Surcharge
Billing Cycle
30 Days