Union JCB Health Credit Card – Benefits, Fees & Eligibility

Introduction

The Union Jcb Health Credit Card, issued by Union Bank Of India, is positioned as an entry-to-mid-range health-focused credit card designed to support medical and wellness expenses. Key differentiating benefits include complimentary domestic and international airport lounge access, a low annual fee with a spend-based waiver, and free personal accident insurance coverage of up to ₹10 lakhs.

Welcome Benefits

• No specific introductory or joining benefits are provided (N/A).

Fees

• Joining Fee: ₹499 + GST.
• Renewal Fee: ₹499 + GST annually.
• 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 applicable but waived up to ₹100 every month.
• Cash Advance Charges: ₹200 or 3% on the amount withdrawn (whichever is higher).

Rewards

Rewards Rate

• 2 Reward Points (RP) for every ₹100 spent across all categories.
• Milestone Benefit: 2000 Reward Points for every spend of ₹50,000 or beyond ₹2 lakhs.

Movies & Dining

• No specific rewards or discounts on movies or dining (N/A).

Travel

• No specific travel-related reward benefits listed (N/A).

Domestic Lounge Access

• Complimentary access to eight domestic airport lounges annually (two visits per quarter).

International Lounge Access

• Two complimentary international airport lounge visits annually.

Golf

• No specific golf-related benefits (N/A).

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 & Other Benefits

• Services worth ₹31,750 across wellness, medical, home, and lifestyle categories.
• Medical facilities including medicine delivery, teleconsultation, psychologist services, and diagnostic packages.
• 24/7 concierge services for travel bookings, restaurant reservations, and event tickets via toll-free number 1800-267-8729.
• UPI payment facility on credit card via BHIM app for secure online and offline transactions.

Rewards Redemption Guide

• Reward points can be redeemed for vouchers and products.
• Redemption value: 1 RP = ₹0.25.

Card Eligibility Criteria

Eligibility Rules

• Age criteria:
  • 18-65 years for employed and salaried individuals.
  • 18-70 years for professionals.
• The card is issued primarily to Union Bank of India account holders.
• Non-bank customers may apply but are selected on a selective basis.
• Minimum annual income requirement: ₹2.5 lakhs.
• Credit cards can be issued against a fixed deposit lien with a 25% margin, waiving the need for proof of income or a credit scoring model in such cases.

Documents Required

• Completed application form for the Union Jcb Health Credit Card.
• Two passport-size colored photographs of the applicant.
• Address proof, ID proof, and a copy of PAN card.
• Latest income tax returns for 2 years, Form 16, and salary slips.

Card Review

• Who Should Apply: Individuals focused on managing healthcare and wellness expenses, frequent travelers needing lounge access, and those seeking a low-fee card with basic insurance coverage.
• Pros:
  • Low and waivable annual fee.
  • Complimentary domestic and international lounge access.
  • Free personal accident coverage up to ₹10 lakhs.
  • Interest-free credit period of 20-50 days.
  • UPI payment facility on credit card.
  • Milestone reward points and wellness-related services.
• Cons:
  • No introductory or welcome perks.
  • No discounts or rewards on entertainment or dining.
  • Primary preference given to existing Union Bank account holders; non-account holders face selective approval.

Important Product Details

• Positive Highlights:

  • Annual fee of ₹499 + GST is lower compared to many health-focused cards.
  • Spend-based waiver available at ₹50,000 in the previous year.
  • 2 RP per ₹100 spent with additional milestone benefits.
  • Interest-free credit period of 20-50 days.
  • Complimentary access to eight domestic and two international airport lounges annually.
  • 24/7 concierge services and UPI on credit card functionality.
  • Medical and wellness services worth ₹31,750 included.
  • Free personal accident insurance up to ₹10 lakhs.

• Negative Highlights:

  • No benefits on movies, dining, or entertainment.
  • No welcome or introductory offers.
  • Limited preference for non-Union Bank account holders during application processing.

Other Details

• The card can be applied for by visiting the nearest Union Bank branch, submitting the application form and required documents.
• Terms and conditions apply as per Union Bank of India policies; specific legal disclaimers and detailed T&Cs are summarized within the provided features and eligibility sections.