Union Bank RuPay Platinum
DowngradeFree to hold above ₹30,000 of spend. The lounge access the bank advertises has never been quantified anywhere.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied. Plus milestones, minus the fee. No accelerator credit — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Breaks even only by erasing its fee at ₹3,000 a month
At ₹3,000 a month — ₹36,000 a year — on the everyday mix this card returns ₹200 gross (earn ₹200) against a fee of ₹0 — the ₹350 is waived, the spend having cleared ₹30,000 a year = ₹200 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
3 notes on the card itself: how it is issued · the network variants · why it ranks #173
Why #173 Effectively lifetime-free at ₹30,000 of spend — the lowest waiver bar Union sets — and that is the entire case for it. Ranked last on the Union shelf, below both JCB cards, because every sibling publishes a lounge quota in a table and this one publishes only a sentence: see the watchOut.
₹0.25 a point, from the card's own benefits table — "2 points (1 Reward point = Rs. 0.25)". Redemption runs through the Union Rewardz app or unionrewardz.com for merchandise, gift vouchers, "travel experiences" or a credit against your own bill. Union Bank names no airline, no hotel and no transfer partner on any card it issues.
The take
Union Bank's entry rung, and the only card on its shelf we could not admit on a clean gate. The fee arithmetic is genuinely good: nothing to join, ₹350 a year, waived in the first year and never levied again once you have put ₹30,000 through it — the lowest bar Union sets on any card. Earn is 2 points per ₹100 at a flat ₹0.25, a straight 0.5%, and those points redeem for vouchers or against your own statement because this bank names no airline and no hotel partner anywhere. NPCI covers ₹2 lakh of accidental death at its own cost and will sell you ₹10 lakh more. Forex is 3%, which is better than the 3.5% norm and not by enough to take abroad on purpose. Then there is the lounge sentence, and it is why this card sat on our radar while the other seven Union cards went on the board. The product page's opening paragraph says "The card comes with complimentary lounge access." Nothing else on the page, in the 25-Sep-2025 MITC, or in the Key Fact Statement repeats it — the word "lounge" appears exactly once on the page and not once in either binding document. The benefits table has no lounge row, while the tables for RuPay Select, Sparsh and both JCB cards all print an explicit "Domestic- 8 per Year (2 per Quarter) / International- 2 per Year". And this is the only Union credit-card page that omits the "RuPay Airport Lounge details" link its siblings all carry. We went to the network to settle it, and the network settles it the other way. NPCI's own RuPay Platinum tier page lists three features — ₹2 lakh insurance, merchant offers, a concierge line — and no lounge at all, while the RuPay Select tier page prints "Domestic lounge access (twice per quarter) & International lounge access (twice a year), based on the bank opting to enable the feature". Lounge access is a Select-tier benefit, and even there it is the issuer's to switch on. Union has switched it on for DIVAA ICON, which the MITC files as "Female Only- RuPay Platinum" — the same chassis — and published the quota when it did. It has published nothing here. So: buy it as a free-to-hold RuPay card that links to UPI and pays 0.5%, and treat the lounge line as marketing until somebody prints a number. If you want a Union lounge key, RuPay Select costs ₹550 for eight domestic visits and two international ones, and says so in a table.
Your renewal — keep, downgrade or cancel
This card reaches break-even by ERASING its fee, not by out-earning it: the waiver is the decision.
Keep, downgrade or cancel
₹350/yr at stake · 5 spend bands
The charge ₹350/yr
The waiver ₹30,000 of spend in the year before renewal — about ₹2,500 a month — and the renewal fee is not charged.
Break-even ₹3,000 a month — ₹36,000 a year — is where this card's value crosses its fee, and it gets there by erasing the fee at the waiver rather than out-earning it.
At your spend
₹1,500 a year, net of the fee, at ₹3,00,000 of annual spend — this clears the waiver, so no fee is charged
₹3,000 a year, net of the fee, at ₹6,00,000 of annual spend — this clears the waiver, so no fee is charged
₹6,000 a year, net of the fee, at ₹12,00,000 of annual spend — this clears the waiver, so no fee is charged
₹18,000 a year, net of the fee, at ₹36,00,000 of annual spend — this clears the waiver, so no fee is charged
₹30,000 a year, net of the fee, at ₹60,00,000 of annual spend — this clears the waiver, so no fee is charged
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Union Bank of India publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and the numbers above are the whole of it.
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- NIL joining fee, ₹350 a year, waived in year one and never levied above ₹30,000 of previous-year spend
- 0.5% back — 2 reward points per ₹100 at ₹0.25 apiece
- ₹2 lakh of accidental death cover with the premium borne by NPCI, plus an optional ₹10 lakh
- RuPay, so it links to UPI and pays merchant QR codes directly
- 3% forex, against the 3.5% Indian norm
- Up to 3 add-on cards for spouse, children and parents at ₹250 a year each
Watch out
- THE LOUNGE CLAIM IS UNVERIFIED. "The card comes with complimentary lounge access" is one sentence of issuer prose with no quota, no lounge row in the benefits table, no RuPay lounge link, and no mention in the MITC or the Key Fact Statement
- NPCI's own RuPay Platinum tier publishes NO lounge benefit — the quota is a RuPay Select-tier feature, and even there it depends on "the bank opting to enable the feature"
- Union Rewardz has NO airline or hotel partner — the points only pay your own bill or buy vouchers
- 0.5% flat, with no category that pays more and no milestone ladder published
- No welcome benefit is published
- Fuel earns nothing; the 1% surcharge waiver is capped at ₹100 a billing cycle
What these points actually fly
No live transfer route takes Union Rewardz Points into a programme that publishes an award chart. These points buy catalogue and portal redemptions, not award seats — so this page has no flight to show you, and will not invent one.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Does your spend count toward the fee waiver?
not published — and we say which
₹30,000 a year is the bar that waives the ₹350 fee. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. Union Bank of India states what the Union Bank RuPay Platinum earns, but has not published which spend categories count toward the fee waiver — the ₹30,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
income, age and the route in
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
A straight branch or online application through Union Bank's own card portal. The bank publishes no income figure for this card — its eligibility panel says only that you need "a minimum age requirement, a stable source of income and a good credit history" and points you at unioncards.unionbankofindia.bank.in. The MITC sets the age range at 21 to 65, with 18 and no upper limit if the card is issued against a term-deposit lien, and a CIBIL score of 700 or above unless it is. Card replacement is ₹149, the cheapest on the Union shelf.
per the official Union Bank of India MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the board by what you can get →
The fine print
7 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
One MITC covers the whole Union Bank shelf (version 1.4, effective 25 Sep 2025): "RuPay Platinum · NIL · NIL · Rs. 350/- · Rs. 250/-", with the annual fee waived in year one and not levied above ₹30,000 of previous-12-month usage — the lowest waiver bar on the shelf. Card replacement ₹149, the cheapest Union charges. Accidental cover ₹2 lakh borne by NPCI, with a ₹10 lakh cardholder-paid top-up; the MITC files DIVAA ICON on the same chassis as "Divaa Icon Credit Card (Female Only- RuPay Platinum)". THE WORD "LOUNGE" DOES NOT APPEAR IN THIS DOCUMENT AT ALL, for any card on the shelf — so it neither supports nor denies the product page's unquantified lounge sentence; see the card's watchOut. Union Bank publishes no income criteria for this card. CIBIL 700+ unless issued against a deposit lien.
per the official Union Bank of India MITC · reviewed 10 Jul 2026
What's changed for this card
nothing tracked yet — which is itself a fact
No tracked devaluations or changes yet — this card's history starts here.
Verified against Union Bank of India's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 4 of them, each with the day we read it
- official Product page — ₹350 + GST annual, waived above ₹30,000 of previous-year usage; 2 RP per ₹100 at ₹0.25; ₹2 lakh NPCI accidental cover; 1% fuel surcharge waiver capped ₹100
- official MITC v1.4 (effective 25 Sep 2025) — RuPay Platinum at NIL joining and ₹350 annual (₹250 add-on), waiver at ₹30,000, 3% forex markup, ₹149 card replacement
- official Key Fact Statement — the same grid, RuPay Platinum at NIL joining and ₹350 annual; silent on lounges
- official NPCI's own RuPay Platinum tier page — three published features (₹2 lakh insurance, merchant offers, 24/7 concierge) and NO lounge benefit at this tier