What is the annual fee of the Union UNI-CARBON Credit Card?

Rs 550 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.

What is the forex markup on the Union UNI-CARBON Credit Card?

3% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the Union UNI-CARBON Credit Card?

No points on cash withdrawals; fuel cashback only at HPCL outlets

M16S / Union Bank of India / Union UNI-CARBON Credit Card

entry · fuel, cobrand, upi

Union UNI-CARBON Credit Card

Union Bank of India · with HPCLRuPayLast checked 11 Oct 2026

The Union UNI-CARBON Credit Card costs Rs 550 a year, waived if you spend Rs 1,00,000 in a year. Its base return is 0.5% (2 RP per Rs 100 on non-fuel spends). The forex markup is 3%. Read from the issuer's own documents on 11 Oct 2026.

Annual fee: Rs 550+ GST
Fee waived at: Rs 1,00,000annual spend
Base return: 0.5%
Forex markup: 3%
Interest: 3%a month

Apply on unionbankofindia.bank.inOpens the bank’s own page.

What changed on this card

25 Sep 2025 CutUnion Bank raises credit card interest to 3.00% a month, Sept 2025
Union Bank's credit card MITC Version 1.4, effective from 25 September 2025, charges service charges of 3.00% a month (36% a year) whether or not the minimum payment due is paid by the due date. The MITC effective 2 December 2024 charged 2.50% a month (30% a year) when the minimum was paid and 2.95% a month (35.4% a year) when it was not. Source: Union Bank of India, unionbankofindia.bank.in, read 28 Oct 2026
25 Sep 2025 CutUnion Bank raises minimum cash withdrawal fee to Rs 500, Sept 2025
Union Bank's credit card MITC Version 1.4, effective from 25 September 2025, sets the cash withdrawal fee at 3% of the cash advance or a minimum of Rs 500 at both own bank and other bank ATMs. The MITC effective 2 December 2024 had minimums of Rs 200 at own bank ATMs and Rs 250 at other bank ATMs. Source: Union Bank of India, unionbankofindia.bank.in, read 28 Oct 2026

Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.

Fees

Joining fee	Rs 499
Annual fee	Rs 550
Annual spend that waives the fee	Rs 1,00,000
Fee notes	Joining fee Rs 499 (add-on nil). Annual fee Rs 550 (add-on Rs 250), waived on Rs 1,00,000 usage in the previous 12 months. Replacement Rs 149. Aggregator cardinsider shows annual Rs 499, which conflicts with the bank MITC.

Rewards

Welcome benefit	Up to Rs 300 credited to the bill on fuel purchase of Rs 300+ at an HPCL outlet within 60 days of activation
Reward currency	Union Rewardz Reward Points
Base earn	2 RP per Rs 100 on non-fuel spends
Base return	0.5%
Point value	1 RP = Rs 0.25
Accelerated earn	4% cashback on fuel transactions of Rs 500+ at HPCL outlets; extra 1.5% as HP loyalty points in the HP Pay app wallet when paid via HP Pay
Caps	HPCL fuel cashback capped at Rs 150 per billing cycle per card
Spends that earn nothing	No points on cash withdrawals; fuel cashback only at HPCL outlets
Milestone benefits	Bonus RP on annual spend: 500 at Rs 1.25 lakh, 600 at Rs 1.5 lakh, 700 at Rs 1.75 lakh, 800 at Rs 2 lakh; then 1,000 RP per additional Rs 50,000
Reward notes	base_return_pct = 2 RP per Rs 100 x Rs 0.25 on non-fuel. The 'up to 6.5% fuel saving' = 4% cashback + 1% surcharge waiver + 1.5% HP Pay points, with the 4% capped at Rs 150 per cycle (i.e. Rs 3,750 of fuel).

Travel and perks

Forex markup	3%
Fuel surcharge waiver	1% waiver on HPCL transactions of Rs 200 and above, capped at Rs 100 per billing cycle
Other freebies	Accidental insurance Rs 10 lakh (NPCI-paid) plus Rs 10 lakh (cardholder-paid). UPI linking.

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. No lounge access mentioned.

Questions

What is the annual fee of the Union UNI-CARBON Credit Card?: Rs 550 a year, before GST. It is waived if you spend Rs 1,00,000 in a year.
What is the forex markup on the Union UNI-CARBON Credit Card?: 3% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Union UNI-CARBON Credit Card?: No points on cash withdrawals; fuel cashback only at HPCL outlets