UBI Signature Credit Card Review

UBI Signature Credit Card is a premium credit card from Union Bank of India. This card is one of the best credit cards from UBI. This card comes with several features and benefits like – fuel surcharge waiver, interest-free period, EMI facility, Insurance coverage, instant cash facility, and airport lounge access, and lots more. Now let’s have a closer look at the card and see if it is worth applying or not. 

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 21 to 60 yrs. 
    • Income: Min ₹5 lakh (annually)
  • For self-employed person:
    • Age: 21 to 65 yrs. 
    • Income: Min ₹5 lakh (annually)
  • Good CIBIL Score (750 or more).

Required Documents:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Latest salary slip, (3 months) 
      • ITR
    • Self-employed person
      • Latest Income tax return. 
      • Proof of business
      • Recently audited financial report. 

Fee:

  • Joining Fee: None. 
  • Annual Fee: ₹250 (Can be waived off if ₹1 lakh is spent within a year)

Benefits:

  • Reward benefit:

This card offers 4 reward points on each ₹ 100 transactions (applicable on online purchases). 4 reward points = ₹1. 

You can use your earned reward points for mobile recharge, hotel and travel bookings, and lots more.

  • Lounge access:

With this card, you can get up to 2 lounge access at domestic and international lounges for free (quarterly).

  • Dining:

This card offers up to a 10% discount on your dining bills. This offer applies to over 1200 selected restaurants in India.

  • Fuel surcharge waiver:

With this card, you can get a big waved-off on fuel surcharges at all petrol stations in India. The transaction amount should be between ₹400 to ₹4000. 

  • Insurance coverage:

This card offers up to ₹10 lakh coverage against air accidental deaths and ₹6 lakh coverage for other accidental deaths. 

  • Milestone benefit:

If you can spend ₹1 lakh with your card within a year, then the annual fee will be waived off for the next year.  

  •  Add-on facility:

You can share the awesome features of your cards with your loved ones. Just add your loved ones, (min age – 18+) with your card and they can also the features of a credit card

  • Credit Limit:

This card offers you up to 20% of your annual income as a credit limit.  

  • Car rental:

If you rent a card outside India, you will get a 5% to 10% discount on it.  

  • EMI Facility:

With this card, you can convert your high-value purchases into EMI. This offer is beneficial for frequent shoppers.

  • EMV chip card:

This card comes with a built-in EMV Chip. It adds more security and convenience to your transactions.

  • Global acceptance:

This card is globally accepted, you can use this card at any outlet or e-commerce site where the Visa Credit Cards are accepted.

Charges:

  • Cash Withdrawal Charge: 2.50% against the amount. 
  • Finance Charge: 1.90% monthly. 

Contact Details:

Call: 1800 22 32 22

        022-40426008

100xGain Ratings:

5/10

Final Opinion:

If you are looking for a low-cost premium credit card then this card can be a good option for you. You will get reward points on every transaction, lounge access, dining benefit, fuel surcharge waiver, insurance coverage, annual fee waiver, and lots more. So if you are looking for a low-cost credit card then this card can be a very good option for you. But if you want to spend more to have some extra benefits, then you can go for RBL Bank Icon Card, or if you want to spend even more then you can go for Yes Private Prime Credit Card

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