Uni Carbon Credit Card(2022)Review: The Truth About This Card

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.

This credit card gives a 0.50% rewards rate on regular spending and a 4% rate of accelerated expenditure. However, they charge Rs.499 as Joining and Annual fees, which shall be waived if you spend Rs.1,00,000 or more in the previous year. The rewards points can be converted into statement credit, and One rewards point equals 0.25 ps.

Here is the detailed review of the Uni Carbon Credit Card. That shall you help in decision making, whether should you go for this credit card or not ?.

What’s Ahead

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

Uni Carbon Credit Card

Key Highlights

  • 0.50 % Cashback on Regular spends
  • 4% Cashback on fuel spends transaction (Authorized HPCL outlets)
  •  1.50% cash back on Loading money in HP Pay wallet.
  • Accidental insurance coverage of Rs.10 Lakh.
  • Rs. 300 as Welcome benefits.
  • Joining fee & Annual fees of Rs.499/-
  • Rewards Points can be converted into Statements Credit.
  • You need to have Rs.2.50 lakhs per annum Minimum annual salary for getting approved.

Pros & Cons of Union Uni carbon Credit card


  • 0.50% Cashback on Regular spends
  • 4% Cashback on fuel spends transaction
  • Rs.300 As welcome Benefits
  • Rs.650 Cashback as Milestone Benefits
  • Easy to get


  • Maximum Cash capped to Rs.150 Per Months.
  • No Lounge access Benefits.

Full Review

Here is the full review of the Union Uni carbon Credit card

Rates and Charges

Types of Charges Amount ( In Rupees)
Joining Fees Rs.499
Annual Fees Rs.499
Add on card Rs.499
Roll Over Facility 5%
Lost Card Replacement Charges Rs.249
Charge Slip Request Charges Rs.200
Foreign Currency Mark up 3%
Over limit charges 2.5% of the over-limit amount, minimum Rs. 250/-
EMI Processing Fee 2%, minimum Rs. 200/- and maximum Rs. 1000/-
Rate of Interest on EMI 16% per annum on reducing balances
EMI Pre-closure Fee 2% of the outstanding amount under EMI is still not due
Late Payment Charges Outstanding up to 25,000/- Rs.200

Above Rs. 25,000/- Rs.500

There is no concept of Joining an Annual fees waiver for this credit card. You need to pay mandatory annual fees irrespective of yearly spending.

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 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 gifts. 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, 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 spends Additional Rewards points Cumulative Rewards points
Rs.1,25,000 500 500
Rs.1,50,000 600 1100
Rs.1,75,000 700 1800
Rs.2,00,000 800 2600

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 use 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

Why might you go for Union Uni carbon Credit card ?

(1). 4% Cashback

You will get 4% cashback on fuel spends. The transaction value should be Rs.500 and above and should be spending at authorized HPCL outlets. Technically, this credit card rewards 16 on fuel consumed for transactions that can be converted into Rs.4 in statement credit. However, there is a maximum of Rs.150 per billing cycle per card.

Apart from the above, you also get 1.50% cash back in the form of 6 payback points on transactions made on the HP Pay App of HPCL through the “UNION UNI CARBON’ Credit Card.

(2). Welcome benefits of Rs.300

As an esteemed customer of Uni Credit Card, You will get Rs.300 Welcome bonus by way of credit to Bill. However, it would help if you spent at least  Rs.300/- and above at HPCL authorized fuel outlet within 30 days of the card’s activation.

The welcome benefits compensate the joining fees at the time of credit card issue, but you still have to bear +GST on joining fees.

(3). Accidental Insurance Coverage

Suppose you have a Union Uni carbon Credit card. In that case, you also get Personal Accidental Insurance Coverage of up to 2 Lakh in case of loss of life or permanent disability due to accident. This Accidental Insurance Coverage is free of cost, and you do not need to pay anything for that. However, you should regularly use this credit card for Insurance coverage activation.

(4). Concierge Services

The Concierge Services are provided through RuPay. The RuPay offers 24*7 Domestic Concierge services through their toll-free number 1800 26 78729; You need to call this number for Domestic Concierge service.

Why might you want to go for another credit card?

The below are the reason for going for this credit card.

(1). The reduced cashback on Regulars spends

The regular rewards rate is only 0.25%. You will get 4 rewards points on every Rs.100 spends on everyday spending other than fuel spends. If you compare this credit card with another entry-level credit card, other entry-level credit cards have the upper hand in contrast to this card.

(2). Maximum Cash capped to Rs.150 Per Months

There is a maximum cap of Rs. 150 per month; Even if they offer 4% cashback on fuel spending, you can not fully utilize this card’s benefits.

What are the better alternatives of Uni Carbon Credit Card

I have analyzed this credit card the various credit card in the industry. Here is the best alternative to this credit card.

  • ICICI Bank HPCL Super Saver Credit Card

The ICICI Bank HPCL Super Saver Credit Card can be considered the best alternative to this credit card. Here is the detailed comparison. Why?

FEES & RATES Uni Carbon Credit Card ICICI Bank HPCL Super Saver Credit Card
Welcome Bonus/Sign-up Bonus Rs.300 Credit  2,000 Reward points
Cashback Rewards A. 0.25% Rewards rate on regular spending.

B. 4% cashback on fuel spends.
A. 5% back (in reward points) on utility, grocery, and departmental store purchases.

B. 5% cashback on all your fuel spends at HPCL fuel pumps

C. 1.5% back (in reward points) on all fuel purchases through the HP Pay app at HPCL outlets.

D.  2 Reward points on every Rs 100 spent on retail purchases
Annual Fee Rs.499 Rs.199
Joining Fees Rs.499 Rs.199
Milestone Benefits Maximum Rs.650 None
Foreign Transaction Fees 3% 3.5%
Airport Lounge access None One Every Quarter

It is evident from the above comparison that HPCL Super Saver Credit Card has the upper hand over Uni Carbon Credit Card in respect of everything.

Eligibility Criteria

Uni Card is primarily issued to Union Bank Account holders, how banks may also issues to Noncustomers on a selective basis.  Here are the Eligibility Criteria for having a Uni Credit card in your wallet.

  • Your age should be between  18 years to 60 years for salaried and 18 years to 70 years for professionals.
  • For the  Add-on card, your age should be 18 years and above.
  • Your minimum income should be Rs.2.5 lakh per Annum.

Documents to be required

  • For Businessman, Submit 2 years I.T. Returns with computation sheets.
  • If your Salaried, then submits Form 16 / ITRs with latest Salary slip.
  • Two Passport size Color Photographs.
  • Proof of address, ID Proof, Pan Copy as per KYC norms

 Cards are also issued against a lien on Fixed Deposit with a 25% margin without insisting on Income Proof & Scoring Model.

How to apply Union Uni carbon Credit card

This credit card was applied through the Union Bank of India branch. The online application is not available to date.  Union Bank of India should allow online application and KYC verification for the sake of Market capitalization and customer conveyance.

How to Redemption

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

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

Bottom-line: Is Union Uni carbon Credit card ?

Uni Carbon Credit Card(2022)Review: The Truth About This Card
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 below 1%, which is even par at newly launched Entry-level credit cards 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.

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