Union JCB Health Credit Card – Benefits, Fees & Eligibility

Union JCB Health Credit Card

The Union JCB Health Credit Card, launched by Union Bank of India, is designed for individuals prioritizing health and wellness. This card offers financial support for medical expenses, coupled with various wellness and lifestyle benefits. It features a reasonable annual fee that can be waived through qualifying spending. Cardholders benefit from complimentary airport lounge access, a robust reward points program for every ₹100 spent, redeemable for vouchers and coupons, and comprehensive insurance coverage, including free personal accident coverage worth ₹10 lakhs.

Welcome Benefits

• No specific welcome benefits are provided with this card.

Fees

• Joining Fee: ₹499 + GST
• Renewal Fee: ₹499 + GST
• Spend-Based Waiver: The renewal fee is waived if the cardholder spends ₹50,000 or more in the previous year.
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3%
• Interest Rates: 2.5% per month or 30% annually.
• Fuel Surcharge: A 1% fuel surcharge is waived up to ₹100 every month on fuel purchases.
• Cash Advance Charges: ₹200 or 3% on the amount withdrawn, whichever is higher.

Rewards

• Rewards Rate: Earn 2 Reward Points for every ₹100 spent.
• Milestone Benefit: Earn 2000 Reward Points for every spend of ₹50,000 or beyond ₹2 lakhs.
• Movies & Dining: No specific perks or benefits on entertainment or dining.
• Travel: No specific travel benefits mentioned.
• Domestic Lounge: Enjoy complimentary eight airport lounge access annually (up to 2 visits per quarter).
• International Lounge: Enjoy two complimentary airport lounge access annually.
• Golf: No specific golf benefits mentioned.
• Insurance Benefits:
  • Free personal accident coverage of up to ₹10 lakhs.
  • Option to avail additional accidental insurance coverage of ₹10 lakhs, with the premium borne by the cardholder.
• Lifestyle & Wellness:
  • Users can get services worth ₹31,750 on wellness, medical, home, and lifestyle.
  • Medical facilities such as medicine delivery, teleconsultation, psychologist, and diagnostic packages are offered.

Rewards Redemption Guide

• Reward points earned can be redeemed for vouchers and products.
• 1 Reward Point is equivalent to ₹0.25.

Card Eligibility Criteria

Eligibility Rules

• Age:
  • 18-65 years old for employed and salaried individuals.
  • 18-70 years old for professionals.
• Account Holder Status: The Health credit card is issued primarily to existing Union Bank of India account holders. Non-bank customers can also apply, but applications are chosen on a selective basis.
• Annual Income: The annual income of the accountholder should be ₹2.5 lakhs.
• Fixed Deposit Lien: Credit cards can be issued based on a fixed deposit lien with a 25% margin, which waives the requirement for proof of income or a scoring model.

Documents Required

• Completed application form for the Union JCB Health Credit Card.
• Two passport-size colored pictures of the applicant.
• Address proof.
• ID proof.
• Copy of PAN card.
• Latest income tax returns for 2 years.
• Form 16.
• Salary slip.

Card Review

The Union JCB Health Credit Card from Union Bank of India presents a compelling package for individuals seeking financial assistance for medical expenses and valuing health and wellness benefits. With a reasonable annual fee that can be easily waived by meeting a spending threshold, the card offers substantial value. It provides complimentary access to both domestic (eight annually) and international (two annually) airport lounges, making it beneficial for frequent travelers. The reward points program, along with robust insurance coverage including free personal accident coverage up to ₹10 lakhs, adds to its appeal. While it lacks perks for entertainment or dining and does not offer introductory benefits, its focus on health-related services, such as medicine delivery and teleconsultation, along with a 20-50 day interest-free credit period and UPI payment compatibility, makes it a strong contender in its niche. It is particularly well-suited for Union Bank account holders, though non-account holders can also apply on a selective basis. Overall, it stands out for offering competitive features at a lower price point compared to some other health-centric cards.

Pros

• Comes with a reasonable annual fee, which can be easily waived by spending ₹50,000 in the previous year.
• Accidental insurance coverage worth ₹10 lakhs is offered free of charge.
• Access to services worth ₹31,750 on wellness, medical, home, and lifestyle.
• Complimentary domestic and international airport lounge access.

Cons

• No perks or discounts on entertainment or dining.
• No introductory benefits are provided with this card.
• Preference is given to primary customers who already have an account with Union Bank of India. Non-account holders can apply, but only a select few are chosen.

Important Product Details

• Users can get services worth ₹31,750 on wellness, medical, home, and lifestyle.
• The card offers an interest-free credit period of 20-50 days on purchases.
• Provides complimentary eight domestic airport lounge access and two international airport lounge access annually.
• Offers 24/7 concierge services.
• Includes medical facilities such as medicine delivery, teleconsultation, psychologist, and diagnostic packages.
• Provides free personal accident coverage of up to ₹10 lakhs.
• Allows users to make UPI payments easily using the BHIM app by scanning QR codes or making transactions online.
• The annual fee of ₹499 + GST can be waived by spending ₹50,000 or more in the previous year.
• Does not offer perks on entertainment or dining.
• Does not include any introductory benefits.

Other Details

• Interest-Free Credit Period: You can enjoy an interest-free credit period of 20 to 50 days on your purchases. You have the flexibility to pay the total outstanding amount, the minimum amount due, or any amount higher than the minimum.
• UPI on Credit Card: The Union JCB Health Credit Card allows you to make UPI payments easily using the BHIM app. Cardholders can use their credit card to make UPI payments, enabling quick and secure purchases from merchants by scanning QR codes or making transactions online.
• Concierge Services: The card offers exclusive 24/7 concierge services to its users for booking travel, making restaurant reservations, and getting event tickets.
  • Toll-free number for concierge services: 1800-267-8729
• General Help Desk: Telephone No: 1800 425 1515 (24 x 7)
• How to Apply: To apply for the Union JCB Health Credit Card, visit the nearest branch of Union Bank, fill out the application form, and submit the required documents.