Union Bank VISA Gold Credit Card

Outstanding amount

Late payment fee

Joining fee

NIL

Annual fee

Rs.299

Annual fee (add-on cards)

Rs.199

Fee for an add-on card

Rs.300

Charge for loss of card

NIL

Replacement of card

Rs.149

Interest-free period

21 to 50 days

Interest on cash advances

2.5% every month

Interest

16% per year (reducing balance method)

Temporary enhancement charge

Rs.200 per instance

Hotlisting fee

Rs.200

Charge-slip request

Rs.200

Fee for roll-over facility

5%

Overlimit fee

2.5% of the overlimit amount, subject to a minimum of Rs.250

Duplicate statement (more than 3 months)

Rs.50 per statement

Duplicate physical PIN mailer

Rs.50 per instance

Processing fee

2% subject to a minimum amount of Rs.200 and the maximum amount is Rs.1,000

Cash advance limit

20% of the limit sanctioned by Union Bank of India

Railway transactions fee

1.5% + IRCTC charges

Foreign currency mark-up fee

3%

Balance enquiry at a Union Bank of India ATM

NIL

Balance Enquiry at an ATM of another bank

Rs.20

Withdrawal of cash from a Union Bank of India ATM

3% of the withdrawn amount or Rs.200 (whichever is higher)

Withdrawal of cash from ATMs of other banks

3% of the amount withdrawn or Rs.200 (whichever is higher) + Rs.50

Service charge on revolving credit facility (If you have paid the Minimum Payment Due (MPD) by the due date)

2.5% per month or 34.49% (Annualised Percentage Rate)

Service charge on revolving credit facility (If you have not paid the Minimum Payment Due by the due date)

2.95% per month or 41.75% (Annualised Percentage Rate)

Late payment fee

1. Up to Rs.25,000 - Rs.200
2. Over Rs.25,000 - Rs.500

Up to Rs.25,000

Rs.200

Over Rs.25,000

Rs.500

Income criteria

1. Your minimum income should be Rs.1.8 lakh per annum.

Age criteria

1. As a professional, your age should be between 18 years and 65 years.
2. If you are a salaried person, you should be between 18 years and 60 years of age.
3. An add-on credit cardholder should be 18 years of age or more.