M16S / Union Bank of India / Union Bank of India NEXTERIA Credit Card
super-premium · rewards, travel, upi
Union Bank of India NEXTERIA Credit Card
The Union Bank of India NEXTERIA Credit Card costs Rs 12,499 a year, waived if you spend Rs 8,00,000 in a year. Its base return is 1% (5 RP per Rs 125 on eligible MCCs). The forex markup is 3%. Lounge visits in India: Unlimited for cardholder. Abroad: Unlimited for cardholder. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 12,499+ GST
- Fee waived at
- Rs 8,00,000annual spend
- Base return
- 1%
- Forex markup
- 3%
- Interest
- 3%a month
Apply on unionbankofindia.bank.inOpens the bank’s own page.
Fees
| Joining fee | Rs 12,499 |
|---|---|
| Annual fee | Rs 12,499 |
| Annual spend that waives the fee | Rs 8,00,000 |
| Fee notes | Metal card on RuPay Ekaa. Joining fee Rs 12,499 (waived on Rs 3 lakh spend within 90 days of activation). Annual fee Rs 12,499, waived on Rs 8,00,000 usage in the previous 12 months. Add-on card also Rs 12,499. Replacement Rs 4,999. |
Rewards
| Reward currency | Union Rewardz Reward Points |
|---|---|
| Base earn | 5 RP per Rs 125 on eligible MCCs |
| Base returnunverified | 1% |
| Point valueunverified | Not stated for this card in MITC or product page; other Union Rewardz cards state 1 RP = Rs 0.25 |
| Accelerated earn | 10X points in birthday month on online shopping/electronics (max 10,000 RP); 5X on monthly spend of Rs 2,00,000 or more (max 10,000 RP) |
| Caps | 10,000 RP per month (excluding milestone points). Milestone points capped at 15,000. |
| Spends that earn nothing | Jewellery, fuel, cash withdrawal, bitcoin, wallet loading, alcohol/wine shops, insurance payments |
| Milestone benefits | 10,000 bonus RP at Rs 10 lakh annual spend; 15,000 RP at Rs 12 lakh and above (max 15,000) |
| Reward notes | base_return_pct assumes Rs 0.25 per point as on the bank's other cards (5 RP per Rs 125 = 4 RP per Rs 100 = 1.0%). Point value for Nexteria is not stated by the bank. |
Travel and perks
| Domestic lounge | Unlimited for cardholder |
|---|---|
| International lounge | Unlimited for cardholder |
| Lounge conditions | Family/guest: 2 family visits per quarter on a 1+3 basis (cardholder plus up to 3 guests) under a bank-curated NPCI programme. Proposed RuPay Delhi exclusive lounge only while it runs exclusively for RuPay. |
| Forex markup | 3% |
| Fuel surcharge waiver | 1% waiver, capped at Rs 100 per month/billing cycle |
| Other freebies | ITC hotels 2+1 nights (not Fortune, blackout dates apply); 1+1 set-menu dining at ITC signature restaurants; 1+1 spa for ITC residents; Hotel Luxe Elite Plus membership; BOGO movie ticket up to Rs 500 once a month; 4 complimentary domestic golf rounds/lessons a year; 24x7 concierge; emergency cash up to USD 600 abroad; insurance: personal accident Rs 50 lakh, air accident Rs 1 crore, purchase protection Rs 2 lakh, baggage loss Rs 20,000, cyber cover Rs 2 lakh. |
Charges and eligibility
| Interest per month | 3% |
|---|---|
| Late payment fee | Rs 200 if outstanding dues up to Rs 25,000; Rs 500 if above Rs 25,000 |
| Cash advance fee | 3% of amount, min Rs 500 (own or other bank ATM); cash interest 2.5% p.m. (30% p.a.) from withdrawal date |
| Fine-print notes | MITC v1.4 effective 25 Sep 2025. Interest 3% p.m. (36% p.a.) on revolving balance; over-limit fee 2.5% min Rs 250; railway/IRCTC surcharge 1.5% plus IRCTC charges; EMI on purchases of Rs 10,000+ at 16% p.a. reducing, processing fee 2% (min Rs 200, max Rs 1,000), pre-closure 2%. Interest-free period 20-50 days only if previous balance cleared in full. Accident insurance beyond the free NPCI cover is paid for by the cardholder. Cash limit 40% of card limit. Several RuPay-exclusive benefits are labelled 'proposed' and may change. Forex markup is 3% despite the premium positioning. |
Questions
- What is the annual fee of the Union Bank of India NEXTERIA Credit Card?
- Rs 12,499 a year, before GST. It is waived if you spend Rs 8,00,000 in a year.
- Does the Union Bank of India NEXTERIA Credit Card give airport lounge access?
- Yes. In India: Unlimited for cardholder. Outside India: Unlimited for cardholder. Conditions: Family/guest: 2 family visits per quarter on a 1+3 basis (cardholder plus up to 3 guests) under a bank-curated NPCI programme. Proposed RuPay Delhi exclusive lounge only while it runs exclusively for RuPay.
- What is the forex markup on the Union Bank of India NEXTERIA Credit Card?
- 3% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Union Bank of India NEXTERIA Credit Card?
- Jewellery, fuel, cash withdrawal, bitcoin, wallet loading, alcohol/wine shops, insurance payments