Union Bank of India Divaa RuPay Credit Card – Benefits, Fees & Eligibility

Introduction

• The Union Bank Of India Divaa RuPay Credit Card is a women-centric card issued by Union Bank Of India.
• Positioned as a mid-range card, it targets women who seek value travel, shopping, and lifestyle benefits.
• Top differentiating benefits include complimentary domestic and international airport lounge access, personal accident insurance coverage, and exclusive discounts at women-focused brands like Nykaa, Myntra, and Lakme Salon.

Welcome Benefits

• No joining fee.
• No explicit welcome voucher or bonus reward points mentioned.

Fees

• Joining Fee: Nil.
• Renewal Fee: ₹499 + GST annually.
• Spend-Based Waiver: Renewal fee is waived if the cardholder spends ₹30,000 or more in the previous year.
• Rewards Redemption Fee: Not applicable.
• Foreign Currency Markup: 3%.
• Interest Rates: 2.5% per month or 30% annually.
• Fuel Surcharge: A 1% fuel surcharge is levied but waived up to ₹100 every month.
• Cash Advance Charges: ₹250 or 3% of the withdrawal amount, whichever is higher.

Rewards

Earning Structure

• 2 Reward Points for every ₹100 spent across all purchases.

Redemption Value

• 1 Reward Point = ₹0.25.
• Minimum redemption threshold: 750 points.
• Rewards can be redeemed for vouchers and products.

Movies & Dining

• No specific discounts or movie/dining benefits mentioned.

Travel & Lounge Access

• Domestic Lounge Access: 2 complimentary domestic airport lounge visits every quarter.
• International Lounge Access: 2 complimentary international airport lounge visits annually.

Insurance

• Complimentary personal accident insurance coverage up to ₹2 lakh.
• Additional accidental insurance coverage worth ₹10 lakh available, with the premium to be paid by the cardholder.

Lifestyle & Other Benefits

• Exclusive discounts at women-centric brands including Nykaa, Myntra, and Lakme Salon.
• 24/7 RuPay-powered domestic concierge services via toll-free number 1800-2678729.
• UPI payments enabled on the card via the BHIM app for merchant QR scans and online transactions.
• Interest-free credit period ranging from 20 to 50 days.
• 1% fuel surcharge reimbursement up to ₹100 per card per month.

Rewards Redemption Guide

• Redeem accumulated reward points for vouchers and merchandise.
• Each point is valued at ₹0.25 during redemption.
• A minimum of 750 points is required to initiate redemption.

Card Eligibility Criteria

Eligibility Rules

• The card is issued exclusively to women.
• Age criteria:
  • 18 to 65 years for salaried individuals.
  • 18 to 70 years for working women and business professionals.
• Minimum annual income requirement: ₹2.5 lakhs.
• For business professionals: 2 years of IT returns with computation sheets.
• For salaried individuals: Form 16 or latest ITRs along with the latest salary slip.
• Fixed Deposit option: Card can be issued against an FD with a 25% margin without income proof or rating sheet.

Documents Required

• Duly filled credit card application form.
• Passport-size color photograph.
• Latest income tax returns for 2 years, or Form 16, or latest salary slip.
• Proof of address, ID proof, and PAN copy as per KYC norms.

Card Review

• Who Should Apply: Women seeking a low-fee credit card with strong travel perks, shopping discounts, and insurance coverage.
• Pros:
  • No joining fee and low annual fee.
  • Complimentary domestic and international lounge access.
  • Personal accident insurance and optional higher accidental cover.
  • Interest-free credit period up to 50 days.
  • Fuel surcharge waiver up to ₹100 monthly.
  • UPI on credit card functionality.
  • 24/7 concierge services.
• Cons:
  • No welcome benefits or joining perks.
  • Limited to 2 lounge visits per quarter domestically and 2 annually internationally.
  • No specific dining or entertainment discounts.
  • Rewards redemption value is modest at ₹0.25 per point.
• Value: Offers strong lifestyle and travel benefits at a low annual cost, making it a competitive option among women-centric cards.

Important Product Details

• Complimentary domestic airport lounge access twice every quarter.
• Two free international airport lounge accesses annually.
• 24/7 concierge services included.
• Spend-based waiver threshold for annual fee is ₹30,000.
• Interest-free credit period of up to 50 days.
• 1% fuel surcharge reimbursement capped at ₹100 per month.
• UPI payments enabled via BHIM app.
• Personal accident insurance up to ₹2 lakh included; additional ₹10 lakh accidental cover available at cardholder’s cost.
• No joining fee; annual fee is ₹499 + GST.

Other Details

• The card is designed specifically for women and includes targeted discounts at select women-focused merchants.
• Terms and conditions apply to lounge access, concierge services, and insurance coverage; RuPay may modify services without prior notice.
• Application can be completed by visiting a Union Bank of India branch with required documents.
• Legal disclaimers and full terms are governed by Union Bank of India policies and standard credit card agreements.