top of page

VISA Platinum Credit Card

Product Details
Credit Card Name : 

VISA Platinum Credit Card

Bank Name :


Union Bank of India

Type :

Lifestyle Credit Card

Interest Rate : 

16% per annum on reducing balances

Eligibility :

Minimum income: Rs.2.5 lakh per year.
If you are a professional, you should be between 18 years and 70 years.
The age of the add-on credit cardholder has to be 18 years or more.
If you are a salaried person, your age should be between 18 years and 60 years.

VISA Platinum Credit Card
Pros

1.Accidental Insurance Coverage-Option of Group Personal Accident Insurance Coverage up to 10 lacs to the Main cardholder.The insurance premium may vary from time to time . 

2-Wider Acceptance-Wider acceptance over 9 lakh merchants in India and over 29 million merchants abroad , 

3.Add on Cards-Make Union Bank of India your family Bank by gifting your family members (only for members above 18 years) an add-on Platinum Credit Card. The add-on card enables your family members to avail all the benefits and features applicable on the primary card. The Points earned on the add-on cards will be clubbed with those of the primary card and can be redeemed as per the bank policy in force. 

4-Visa Offers-Customers will be eligible for exclusive offers on shopping, hotel, and car rentals etc. which are provided for VISA cardholders. These offers are provided by VISA and may change as per VISA discretion from time to time without any prior notice. 

5. Milestone benefit: The annual fee of Rs.399 will be waived off if you spend Rs.50,000 or more in the previous year. 

6. Fuel benefits: Customers get 1% waived off on the fuel surcharge when they buy fuel using the Union Bank VISA Platinum Credit Card at any petrol station in India. Customers can get a fuel surcharge waiver of up to Rs.100 each month.

Cons
  • No welcome benefit is provided to the users. 

  • No domestic or international airport lounge access facility available.

Pros & Cons
Welcome Benefits
None
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 1 RP for every INR 100 Spent. 

  • Effective cashback rate= 2.5%

International Forex Markup
International Forex Markup: Upto 3%
Welcome Benefits and Reward System
Special Features
None
Eligibility Criteria

Minimum income: Rs.2.5 lakh per year.
If you are a professional, you should be between 18 years and 70 years.
The age of the add-on credit cardholder has to be 18 years or more.
If you are a salaried person, your age should be between 18 years and 60 years.

Benefits
  • Reward points on all spends: You will earn 2 reward points for every Rs. 100 spent on all transactions made with your Union Bank of India VISA Platinum Credit Card. 

  • Fuel surcharge waiver: You will get a 1% fuel surcharge waiver on all fuel transactions made with your card at any petrol pump in India. 

  • Milestone bonus rewards: You can earn additional bonus rewards based on your annual spending on the card. For example, you will earn 500 bonus rewards on reaching an annual spending of Rs. 1,25,000 and an additional 1,000 bonus rewards for every Rs. 50,000 spent beyond Rs. 2,00,000. 

  • Rewards redemption: You can redeem your reward points for cash back, vouchers, or merchandise from a variety of partner merchants. 

  • Other benefits: The Union Bank of India VISA Platinum Credit Card also offers other benefits such as: 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 Priority Pass membership with access to over 1,300 airport lounges worldwide Buy 1 Get 1 Free offers at select restaurants and hotels Discounts on flights and hotel bookings Free movie tickets and other lifestyle benefits

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 Platinum 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.) 

  • The processing time for Union Bank of India's VISA Platinum 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
VISA Platinum Credit Card

The Union Bank of India VISA Platinum Credit Card is a good option for frequent travelers and high spenders who value diverse reward points, travel privileges, and additional perks. The complimentary lounge access, travel insurance, and fuel surcharge waiver offer significant value for those who utilize them regularly. However, the limited redemption options, lower fuel waiver cap, and international lounge access restriction might not be ideal for everyone.

Abhijeet Saxena

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-399 

  • 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
Fuel surcharge will be Reimbursed @1% of the amount spent on fuel purchase subject to a maximum of 100/- per card per month.
Billing Cycle

30 Days

Fees & Charges
bottom of page