Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • Union Bank VISA Signature Credit Card

    Union Bank of India launched the VISA Signature Credit Card to help you get discounts and cashback offers when you use the credit card. The card comes at an annual fee of Rs.1,999.

    Key Highlights of Union Bank VISA Signature Credit Card

    • You get access to Concierge Services of VISA International
    • Insurance for loss of card: Up to Rs.1.5 lakh
    • The annual fee of Rs.1,999 will be waived off if you spend Rs.2.7 lakh or more in the previous year.

    Features and Benefits of the Union Bank VISA Signature Credit Card

    Discount and cashback benefits:

    • You get cashbacks and discounts at partner restaurants.
    • When you pay your utility bills, you get cashback and discounts benefits.

    Fuel benefits:

    • You get 1% waived off on the fuel surcharge when you buy fuel using the VISA Signature Credit Card at any petrol station in India.
    • You can get a fuel surcharge waiver of up to Rs.100 each month.

    Milestone benefits:

    • The annual fee of Rs.1,999 will be waived off if you spend Rs.2.7 lakh or more in the previous year.

    Airport and lounge benefits:

    • You get access to Concierge Services of VISA International

    Insurance benefits:

    • Personal accidental coverage: Rs.30 lakh
    • Loss of card: Up to Rs.1.5 lakh

    Fees and Charges of the Union Bank VISA Signature Credit Card

    Type of charge Fee
    Joining fee NIL
    Annual fee Rs.1,999
    Annual fee for add-on credit cards Rs.999
    Fee to get an add-on credit card Rs.300
    Roll-over facility fee 5%
    Interest-free period 21 to 50 days
    Cash advance limit 40% of the limit that has been sanctioned by the bank
    Lost card charges NIL
    Replacement of lost credit card Rs.299
    Charge-slip request Rs.200
    Transactions fee at railways 1.5% + IRCTC charges
    Foreign currency mark-up fee 3%
    Temporary enhancement fee Rs.200 per occasion
    Fee for hotlisting a credit card Rs.200
    Withdrawal of cash from Union Bank of India ATMs 3% of the amount you withdraw or Rs.200 (whichever is higher)
    Withdrawal of cash from other banks' ATMs 3% of the amount you withdraw or Rs.200 (whichever is higher) + Rs.50
    Balance enquiry at Union Bank of India ATMs NIL
    Balance Enquiry at ATMs of other banks Rs.20
    Interest payable on cash advances 2.5% every month
    Service charge on revolving credit facility (if your Minimum Payment Due (MPD) has been paid by the due date) 2.5% per month or 34.49% (Annualised Percentage Rate)
    Service charge on revolving credit facility (if your Minimum Payment Due-MPD has not been paid by the due date) 2.95% per month or 41.75% (Annualised Percentage Rate)
    Overlimit fee 2.5% of the overlimit amount, subject to a minimum of Rs.250
    Duplicate statement (over 3 months) Rs.50 per statement
    Duplicate physical PIN mailer Rs.50 per occasion
    Processing fee 2% subject to a minimum of Rs.200 and a maximum amount of Rs.1,000
    Interest 16% per year (reducing balance method)
    Late payment fee
    Outstanding amount Late payment fee
    Up to Rs.25,000 Rs.200
    Over Rs.25,000 Rs.500

    Eligibility Criteria to Apply for Union Bank VISA Signature Credit Card

    • Minimum income: Rs.10 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.

    Documents Required for Union Bank of India VISA Signature Credit Card

    • Filled-up application form.
    • Two passport-size photographs (colour)
    • If you are a salaried person, you need to submit Form 16/ Income Tax Returns/latest (ITR) salary slip.
    • ID proof documents
    • Address proof documents
    • If you have your own business, you should submit your Income Tax Returns (ITR) of the past 2 years (along with computation sheets).
    • PAN card

    FAQs on Union Bank VISA Signature Credit Card

    1. What is the over limit fee for the credit card?

      The over limit fee is 2.5% of the overlimit amount, subject to a minimum of Rs.250.

    2. Whom do I call if my Union Bank VISA Signature Credit Card is lost?

      If you lose the credit card, you should call the Union Bank credit card customer care. Call 18004251515 (toll-free number) and report the loss of the credit card.

    3. What is the fee for replacement of the VISA Signature Credit Card?

      You have to pay Rs.299 to replace your credit card.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.