Uni Carbon Credit Card Review

By | July 10, 2021

Union Bank of India launched “Uni Carbon Credit Card,” a Co-branded Credit card hosted on the Ru-pay Platform. Union of Bank of India is one of the largest Public Sector Banks in India. HPCL, a leader in fuel retail and Rupay – India’s largest card payment network. Here is the detailed review of the Uni Carbon Credit Card.

Table of Contents

  1. Charges
  2. Welcome Benefits
  3. Benefits
  4. Other Benefits
  5. How to Redemption
  6. Bottom-line
Uni Carbon Credit Card


Joining FeesRs.499+GST
Annual FeesRs.499+GST

There are no concept of Joining and Annual fees waiver for this credit card. You need to pay mandatory annual fees irrespective annual spends.

Welcome Benefits

  • Rs.300 by way of Credit to Bill.

There are no direct welcome benefits. You need to purchase fuel worth Rs.300/- and above at HPCL Authorized Fuel outlet within a period of 60 days from the date of activation of the card.

It is evident from the above welcome benefits that joining charges are not fully compensated against welcome benefits. You still lose Rs.199+GST. Union Bank of India should have at least given Rs. 200 more welcome benefits.


Uni Carbon Credit Card comes with different types of rewards: Regular, Milestone & Accelerated. Here’s everything about it below.


  • All Regular Spends:2 Rewards points on every Rs.100 spends (0.50%)
  • 1 Reward Point Value: Rs.0.25 (can be adjusted as a statement credit)

To redeem points for statement credit, simply call Union Bank of India customer Care.


  • Fuel spends at authorized HPCL Outlets: 16 Rewards Points (4%)
  • Fuel spends through HP Pay App: 6 Rewards points (1.5%)

The 4% rewards points look good, but these rewards points are also limited to Rs.150 per month, which is a terrible feature of this credit card. Also, you need to spend Rs.500 per transaction to get 4% rewards points.

Milestone Benefits

There are incremental systems for Milestone Benefits. When you reach spends of Rs.1,25,000 in a year. You get additional rewards points in the form of Milestone Benefits. The Milestone Benefits increases on every additional Rs.25,000 as under.

On reaching Annual spendsAdditional Rewards pointsCumulative Rewards points

And for every spend of Rs.50,000 beyond Rs. 2.00 lakh, you will get additional 1000 rewards. The milestone rewards points accelerate the Rewards Program of Uni Carbon Credit Card. When you spend Rs.2,00,000 or more in the previous year, the actual reward rate shall increase manifold. You can other terms and conditions here.

Other Benefits

Fuel Surcharge Waiver

  • 1% Fuel Surcharge Waiver
  • The transaction must be above Rs.150
  • Total Wavier Rs.100 per billing Cycle.

Insurance Coverage

  • Accidental Insurance Coverage : Rs.10 Lakh

How to Redemption

Redemption of rewards can be made in the form of cash back or through Union Rewards or any other Loyalty program. Here are the options.

You can redeem rewards points at HPCL petrol pump. Each rewards points is equal to Rs.0.25ps.


Uni Carbon Credit Card Review
Uni Carbon Credit Card

Union Bank of India and HPCL has started with a good note, 4% Cash Back on Fuel transaction seem to be good, however Total cashback is limited to Rs.150 per month which makes Uni Carbon Credit Card terrible credit card.

Editor's Rating:

The regular rewards rate is also below 1% which even par at newly launched Entry-level credit card like Axis ACE credit card.

If you want to make good rewards for fuel transactions, you may consider BPCL SBI Card OCTANE.

What are you thought about the newly launched Uni Carbon Credit Card ?? Share in the comment box below.

Avatar of Dhiraj Jha
Author: Dhiraj Jha

I love to acquire, review, and earn reward points/cashback from Credit Cards for free traveling and enjoying luxury hotels. Helping people about the benefits and optimal utilization of credit cards.

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