Union Bank of India Visa International Signature Credit Card

There are three different variants in which the card is available. These variants are EMV Platinum (International usage), Photo Signature Visa Card (domestic use) and Signature Credit Card (international use).

• There is a joining and annual fee on the card of ₹ 250 but it can be waived off if the previous year’s transaction on the card amount is more than ₹ 1 Lakh.
• The credit limit on the Signature Credit Card is 20% of the annual income of the applicant. The income proof furnished by the applicant would be used to determine the income. These proofs include last year’s ITR in case of the self-employed persons or the latest pay slip in case of salaried persons.
• You will get 50 days of interest-free credit period, wherein no interest on the outstanding amount will be charged for 50 days.
• The outstanding amount on the credit card can be paid by cash, cheque or online payment.
• Transactions of ₹ 400 to ₹ 4,000 on fuel done through the credit card will not attract any surcharge.
• All the transactions through the card are intimated to you via SMS or email. The transactions are also secured through the platform of VISA.
• The outstanding amount on the credit card can be transferred into EMIs making them affordable.
• This credit card also offers Accidental death insurance of ₹ 6 Lakh and air accident insurance of ₹ 10 Lakh.
• You will get free airport lounge access to both domestic and international airports with this credit card.
•  On every ₹ 100 spent with the credit card, 4 Reward Points will be given worth ₹ 1.
• You will get an instant 10% discount on the dining bills at 1,200 restaurants partners if payment is made through the credit card.
• You will get a discount of 5-10% on car rentals outside India.

To apply for this card, the applicant’s minimum earning in a year should be ₹ 5 Lakhs. 20% of the latest salary slip or ITR will be allowed as the credit limit on the card.

Documents required:

• Photocopies of identity proof, address proof and income proof are required to be submitted at the time of application.
• Identity proof documents include PAN, Voter’s ID, Driving License, Passport or any other government approved photo ID card.
• Proof of address includes Passport, Driving License, Ration Card, Voter’s ID or any other government approved document containing the current address of the applicant.
• Income proof for self-employed will include ITR for the last year/ Form 16.
• Income proof for a salaried person will include last year’s pay slip/ Form 16/ ITR for last year/ salary certificate.
• If you do not have income proof then also you can apply for the card against fixed deposits with the bank.

To avail the many benefits offered by this credit card, you can apply for this credit card online as well as offline. You can visit the bank’s website and fill the credit card application online. After you submit it, you will get a call from the bank to guide you through the application process. You will also need to submit the relevant documents. Alternately, you can directly call their customer care team to show your interest in applying for this credit card and proceed thereon.