Base reward rate: 2 pts/₹100 on general spends, 8 pts/₹100 on select categories
Redemption options: vouchers, items and more at Union Rewards Website
Fees & Charges
Joining fee: 399
Annual fee: 399
Pros
Exceptional accelerated rewards for its class, offering 8 points per ₹100 on a wide array of common categories including groceries, utilities, dining, travel, and fashion.
Highly achievable annual fee waiver, requiring a spend of only ₹30,000 in a year to waive the ₹399 fee, making it effectively free for moderate spenders.
Offers a decent base reward rate of 2 points per ₹100 on all other non-excluded spends, which is competitive for an entry-level card.
Provides a valuable security feature with complimentary insurance coverage of up to ₹1.5 lakh against fraudulent transactions upon card loss.
Features a slightly better-than-average foreign currency markup of 3.00%, compared to the industry standard of 3.5% for cards in this segment.
Cons
Opaque and potentially low-value reward redemption process, limited to a catalog of vouchers and items on the Union Rewards Website with no option for direct statement credit.
Significant spending exclusion, offering absolutely 0 points per ₹100 on the entire transportation category, which includes high-frequency spends like fuel and public transit.
Lacks any form of a welcome bonus, such as joining points or vouchers, which is a standard offering on most competing entry-level credit cards.
No lifestyle or entertainment benefits, such as complimentary movie tickets or discounts on OTT platform subscriptions, which are common perks in the sub-₹500 annual fee category.
Best Use Case
Consumers looking for accelerated rewards on everyday spending like groceries, dining, and utilities.