Skip to content
COFFERCards. Points. Value.
Union Bank of India

Union Bank of India NEXTERIA Credit Card

Not rated yet - COFFER rates a card only after reading every document the bank publishes for it. How we rate

Open to new applications · Earns reward points

First-year fee

₹12,499 to join.

Annual fee

₹12,499 a year.

What it gives back

5 reward points per ₹125 · everyday spends

Read from 4 Union Bank of India documents, last checked 18 Oct 2026.

Apply on Union Bank of India
How it compares

Compared with the cards we have read

₹12,499 annual fee: of the 273 other open cards whose annual fee we have read, 260 state a lower one, 1 states the same and 12 state a higher one.

3% forex markup: of the 291 other open cards whose forex markup we have read, 72 state a lower one, 19 state the same and 200 state a higher one.

Fees

  • Joining fee

    ₹12,499 to join.

  • Annual fee

    ₹12,499 a year.

  • Fee waiver rule

    Joining fee will be waived off if spent on the card is ₹3.00 Lakhs within 90 days from the activation of Card; Annual fee will be waived if credit card usage in last 12 months is ₹8,00,000

  • Add-on card fee

    ₹12499.

Rewards

  • Reward rate

    5 reward points per ₹125 · everyday spends5 reward points per ₹125 spent (on eligible MCCs)

  • Online earning

    Birthday month: 10X reward points on online shopping and electronics spends, subject to maximum reward point 10000

  • Reward exclusions

    Jewellery, Fuel, Cash withdrawal, Bitcoin, wallet loading, Alcohol, wine shops, Insurance payments.

  • Reward caps

    Reward points capped at 10,000 per month (excluding milestone reward points)

  • Statement-credit redemption

    Cardholder can check and redeem reward points for credit card bill payment, purchasing gift vouchers etc.

Card benefits

  • Domestic lounge access

    Unlimited visit for individuals (Domestic & International); Two Family Visit allow per Quarter 1+3.

  • Hotel or travel programme

    2+1 complimentary night ITC (Premium Hotels other than Fortune), throughout the year, any number of times except blackout dates as per the hotel.

  • Dining programme

    1+1 Set Menu at Signature ITC restaurants, throughout the year, any number of times.

  • Golf

    4 domestic complimentary golf lessons/rounds in a year.

  • Concierge

    24 by 7 Concierge Domestic: Golf Reservations, Car Rentals, and travel reservation assistance, etc.

  • Milestone benefits

    On reaching spend of ₹10.00 lacs - Additional 10000 rewards point; on reaching spend of ₹12.00 lacs & above - Additional 15000 rewards point; Monthly Milestone: Earn 5X rewards on spend of ₹200000 & above.

  • Movie or entertainment ticket benefit

    Buy 1 get 1 ticket up to ₹500 once a month

Also included

  • Fuel surcharge waiver

    1% up to ₹100/- per month

  • Surcharge on railway tickets

    Transaction Charges at Railways 1.5% + IRCTC Charges.

  • Air accident cover

    Air Accidental Insurance: ₹1.00 Cr.

  • Insurance benefit

    Personal accidental insurance ₹50.00 lakhs.

  • Purchase protection

    ₹2.00 lakhs

  • Travel insurance

    Travel Insurance of ₹0.20 lakhs (Baggage Loss)

Charges

  • Forex markup

    3% on foreign currency transactions.

  • Cash advance fee

    3% of Cash Advance or Min. of ₹500.

  • Cash withdrawal limit

    40% of card limit

  • Interest on unpaid balance

    3.00% p.m. / 36% on annualized basis.

  • Interest-free period

    The Interest-free credit period could range from 20 to 50 days

  • Late payment fee

    Outstanding dues up to ₹25,000: ₹200; Outstanding dues above ₹25,000: ₹500

  • Over-limit fee

    2.5% of the over limit amount, minimum ₹250

  • Payment return or dishonour fee

    Cheque return charges ₹250

  • Statement or duplicate statement fee

    Statement for >3 months ₹50 Per statement.

  • Card replacement fee

    ₹4999

  • EMI conversion fee

    Processing Fee 2% with a Minimum of ₹200 and Maximum of ₹1,000

  • What the card's fee or benefit year means

    Annual fee is collected in advance at the beginning of the second year of the card.

  • GST note

    All the above Fees & Charges are exclusive of GST

  • Minimum amount due

    5% of real balance plus 100% of fees, charges and GST, plus previous unpaid minimum dues

In the terms, not the brochure (1)

  • Whether carrying a balance ends the interest-free period

    No grace period if the outstanding balance is not paid in full on the due date; interest is payable at the monthly interest rate.

How we know - 4 documents from Union Bank of India, checked 18 Oct 2026

4 documents from Union Bank of India, checked 18 Oct 2026.

On these lists

Apply on Union Bank of India

₹12,499 a year

Apply