Union Bank of India Gold Card Review

Union Bank of India Gold Card is an entry level shopping card designed exclusively for the masses. The card has features and charges similar to any entry level card however the income eligibility for owning this card is Rs 5 lakh and above per annum making it affordable and accessible only to limited people. The card though state to offers shopping and dining benefits like eating out, holidaying, fuelling up your vehicle and travel privileges like air, rail reservations, they are very basic in nature.

The card has a very lame Reward Points program in comparison to other shopping cards. The card states to offer Reward Points for expenditure made on the card but number and value of Reward Points is not stated. The card’s Reward redemption scheme is as lame as the card.
The card has features which are similar to most other entry level card except for Free Accidental Insurance cover which is an added feature and not found in majority of shopping cards. Apart from this it has nothing new or exclusive to offer its users.

Union Bank of India Gold Card when compared with regards to features and benefits to other entry level cards like Canara Visa Classic Card and Canara Gold Card is very much at par.

Union Bank of India Gold Card has no Joining or Annual fee which is apt for entry-level card like this. The card has an interest rate offering of 1.9% p.m. which when compared to cards like Canara Visa Classic Card and Canara Gold Card is very competitive in nature.

Union Bank of India Gold Card is like any other entry level shopping card, however, with income eligibility of Rs 5 lakh and above per annum the card actually might find very few takers simply because there are better choices available for them in the credit card market.