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Union Bank of India

Union Bank MSME Credit Card

Best for MSME, small business

₹750/yr annual fee

Visa

By FinWiz24 Research Desk · Last reviewed · How we review

FinWiz24 Research Desk

FinWiz24 Research Desk

Verified independently against issuer Terms & Conditions

Editorial Team

Annual fee

₹750/yr

Reward rate

Not published

Min. income

₹2,00,000

Forex markup

Not published

Lounge access

None

Eligibility

₹2 lakh/yr · CIBIL 700+

Reward cap

₹1,500/month

Welcome benefit

None beyond the reward rate

Who is this for

  • MSME owner
  • Small business

What we like

  • 2% on business expenses
  • 1% on everything

Watch out for

  • Rs 750 annual fee

Issuer

Bank

Union Bank of India

Public sector bank

All Union Bank of India cards →

Headquarters

Mumbai, Maharashtra

Established 1919

Toll-free

1800-222-244

Website

www.unionbankofindia.co.in

Network

Visa

See all cards on this network

Fees and charges

Fee Amount Waiver
Joining fee ₹750 Not waivable
Annual fee ₹750 Waived on Rs 2 lakh annual spend
Late payment ₹500 Not waivable

Rewards

Spend category Rate Cap Redemption
BUSINESS 2.00 ₹1,500/month 1.00
All spends 1.00 No cap 1.00

Benefits

  • MSME benefits Highlight

    2% cashback on business expenses

  • Insurance cover

    Basic accidental insurance cover

  • Fuel surcharge waiver

    1% waiver on fuel transactions Rs 500-3,000

Eligibility

Age
21–65 years
Min. income
₹2,00,000
Min. credit score
700+
Score note
Good credit history
Employment
self-employed
Documents
PAN, business registration

Union Bank MSME Credit Card is a VISA credit card from Union Bank of India. It is best suited for MSME, small business.

Fees and rewards

  • Annual fee: Rs 750
  • Joining fee: Rs 750
  • Rewards: 2% on business expenses; 1% on all other purchases

Eligibility

PAN, business registration

Card data compiled from issuer published fee schedules. Status: active.

Apply for Union Bank MSME Credit Card

Last reviewed · How we review

FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.

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Cards with similar benefits, rewards, or eligibility requirements.

Frequently asked questions

Is the Union Bank MSME Credit Card worth it?
Union Bank MSME Credit Card is a credit card issued by Union Bank of India. Whether it is worth it depends on your monthly spend pattern and whether the annual fee (if any) is waivable. Compare the fee and reward rate on this page against your expected annual spend to make an informed decision.

What is the annual fee for the Union Bank MSME Credit Card?
Union Bank MSME Credit Card charges ₹750 as the annual fee. Most issuers waive it on minimum annual spends — check the fee tile on this page for the waiver condition.

How does the Union Bank MSME Credit Card reward rate work?
Union Bank MSME Credit Card earns structured rewards that vary by spend category. Check the rewards tile on this page for the full multiplier schedule.

What are the eligibility requirements for the Union Bank MSME Credit Card?
To qualify for Union Bank MSME Credit Card, you typically need: minimum annual income ₹2,00,000; CIBIL score of 700+; self-employed only. The eligibility tile on this page has the full published criteria.

Does the Union Bank MSME Credit Card offer airport lounge access?
Union Bank MSME Credit Card does not publish complimentary airport lounge access as a benefit.

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Disclaimer: Card details are based on publicly available issuer schedule of charges. Eligibility and approval are at the issuer’s sole discretion. FinWiz24 does not guarantee card approval or specific terms. Always read the issuer’s terms and conditions before applying.

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