Union Uni Carbon Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Earn 500 Reward Points when you spend Rs 1,25,000 annually. Receive 16 reward points on fuel purchases of Rs 500, which is equal to a 4% cashback. Get 2 reward points for every Rs 100 spent on non-fuel transactions. Enjoy a welcome bonus of Rs 300 credited to your bill amount at any HPCL fuel station. Benefit from an annual fee waiver for spending Rs 1,00,000 or more in the previous year. Receive air accidental cover up to Rs 10 lakhs. Enjoy a 1% surcharge waiver on fuel transactions of Rs 200 or more at all HPCL fuel stations.

The Union Uni Carbon Credit Card is a valuable option for individuals who frequently fuel up at HPCL stations.

It offers a range of attractive benefits and features that make it a standout choice in the market.

To begin with, the joining fee for this credit card is Rs. 499 + GST, which is a reasonable amount to pay considering the perks it offers.

The renewal fee is also Rs. 499 + GST, ensuring that cardholders can continue to enjoy the benefits without breaking the bank.

One of the key advantages of the Union Uni Carbon Credit Card is its focus on fuel-based rewards.

Cardholders can avail themselves of a welcome benefit of Rs. 300 credited to their bill amount when they use the card at any HPCL fuel station.

Additionally, they earn 16 reward points on fuel spending of Rs. 500, which equates to a generous 4% cashback.

Furthermore, fuel transactions made at HPCL stations garner 6 payback points, making this card ideal for those who frequently refuel at these outlets.

Apart from its fuel-centric advantages, this credit card also offers rewards on non-fuel transactions.

Cardholders earn 2 reward points on every Rs. 100 spent on non-fuel transactions, further adding to the benefits of using this card.

In terms of insurance benefits, the Union Uni Carbon Credit Card provides air accidental cover up to Rs. 10 lakhs.

This feature provides cardholders with peace of mind, knowing that they are protected in case of any unfortunate incidents during air travel.

The Union Uni Carbon Credit Card also offers a spend-based waiver for its annual fee.

Spending Rs. 1,00,000 or more in the previous year entitles cardholders to have the Rs. 499 annual fee waived.

Important to note is the absence of a rewards redemption fee, allowing cardholders to seamlessly enjoy their earned rewards without any additional charges.

The foreign currency markup for this card is also considerably low at 0.03%, making it a suitable option for international travelers.

The interest rate for this credit card is 2.95% per month, which translates to an annual percentage rate of 41.75%.

While this rate may be on the higher side, it is in line with industry standards.

Furthermore, the Union Uni Carbon Credit Card provides a 1% surcharge waiver on fuel transactions of Rs. 200 or above at all HPCL fuel stations, making it a cost-effective choice for frequent fuel purchasers.

Cash advances can be made using this credit card, with a fee of 3% or Rs. 200 (whichever is higher) applicable.

Overall, the Union Uni Carbon Credit Card is a strong contender in the market, particularly for individuals who regularly fuel up at HPCL stations.

Its focus on fuel-based rewards, insurance benefits, and low foreign currency markups make it a compelling choice for those seeking a reliable credit card option.