Union Bank RuPay Select Credit Card from Union Bank - everyday rewards for Indian cardholders

Union Bank RuPay Select Credit Card offers Indian customers up to 0.5% reward points on retail spends and lounge access on the RuPay network. Anyone holding Union Bank stock (NSE-BSE: UNIONBANK, ISIN INE683A01023) should know this product.

By Julian Reed, ad hoc news Bestsellers & Flagships Desk. Reviewed July 06, 2026, 7:12 PM ET. Details in the imprint.

Union Bank RuPay Select Credit Card slides out of a slim brown wallet with a muted metallic sheen, the RuPay logo catching the overhead light in a Mumbai branch lobby as a young professional tests the tap-to-pay feature on a crowded grocery checkout.

Core features and rewards

Union Bank RuPay Select Credit Card is a domestic credit card on the RuPay platform issued by Union Bank of India, positioned for salaried and self-employed customers in India. The bank highlights reward points on retail spending, fuel transactions, and utility bill payments.

According to Union Bank’s official product page, the RuPay Select Credit Card offers reward points at a rate of 1 point for every ?100 spent on retail purchases, excluding certain categories such as cash advances and EMI transactions. These points can be redeemed for merchandise and vouchers through the bank’s rewards catalog.

Eligibility, limits, and fees

Union Bank states that the RuPay Select Credit Card is available to Indian residents with a minimum stable income, with eligibility assessed based on internal credit scoring and documentation such as income proof and PAN card. The card typically carries a joining fee and an annual fee that may be waived at specified spend thresholds.

The bank describes a credit limit structure linked to income and repayment track record, with periodic reviews that can increase the limit for customers with strong payment histories. Cardholders can access cash advances at ATMs, subject to a separate interest rate and fee schedule outlined in the card’s Most Important Terms and Conditions document.

Domestic focus and RuPay benefits

The RuPay Select Credit Card is primarily designed for domestic usage in India, leveraging the RuPay network created by the National Payments Corporation of India. RuPay offers Indian banks a locally controlled card scheme, often paired with government-backed initiatives and lower transaction costs than some international schemes.

According to NPCI’s RuPay credit card overview, RuPay Select cards can be configured to provide access to golf privileges, wellness offers, and lounge benefits through network partnerships, though the exact bundle depends on the issuing bank’s configuration. Union Bank’s marketing material frequently references lifestyle benefits attached to the Select tier.

Digital banking integration

Union Bank pushes the RuPay Select Credit Card through its digital channels, allowing prospective customers to start applications on the bank’s website and track status through online and mobile banking portals. The card can be managed via Union Bank’s mobile app for Indian users, covering functions such as limit monitoring, reward point tracking, and statement downloads.

Union Bank executives, including managing director and CEO A. K. Khathua mentioned in recent investor updates, frame the expansion of credit cards like RuPay Select as part of a broader retail strategy to deepen relationships with digitally active middle-income customers. That focus aligns with India’s ongoing shift toward cashless payments in urban centers.

Union Bank context and stock

Union Bank of India is a large public sector bank headquartered in Mumbai, with operations across India and a mix of retail, corporate, and government banking services. It offers multiple credit cards on RuPay, Visa, and other networks, with RuPay Select positioned in the mid-tier domestic rewards bracket.

Union Bank stock (NSE-BSE: UNIONBANK, ISIN INE683A01023) trades in Indian rupees on the National Stock Exchange and BSE, and while there is no US listing, the retail card portfolio, including RuPay Select, contributes to fee income and customer stickiness reported in the bank’s financial statements.

Key facts - Union Bank RuPay Select Credit Card

• Product: Union Bank RuPay Select Credit Card
• Manufacturer: Union Bank of India
• Category: Flagship/Bestseller retail banking product
• Launch: Introduced in the 2010s as part of RuPay credit card expansion in India
• MSRP / Price: Joining and annual fees in Indian rupees, with possible waiver at spend thresholds
• Availability: Available to eligible Indian residents through Union Bank branches and online channels
• Target audience: Salaried and self-employed Indian customers seeking a domestic rewards credit card tied to Union Bank accounts
• Standout / USP: Domestic RuPay network integration with reward points on everyday spending and lifestyle benefits tailored to Indian cardholders

This article was AI-assisted and editorially reviewed. Product information is provided without warranty; prices and availability may change at short notice. Not investment advice and not a buy or sell recommendation. Securities trading carries risks up to total loss.