Benefits of the Union Bank Visa Infinite Credit Card

• Introduction to Card Benefits: The card may offer milestone bonuses, such as additional reward points or cashback for achieving specific spending targets. For example, spending ₹8 lakh annually could unlock a bonus of 25,000 reward points or a complimentary travel voucher. Seasonal promotions, such as festive season discounts or cashback offers, further enhance the card’s value proposition.
• Financial Flexibility and Interest-Free Period: One of the primary benefits of the Union Bank Visa Infinite Credit Card is the financial flexibility it offers. The interest-free credit period of 21 to 50 days allows cardholders to make purchases and defer payments without incurring interest, provided the balance is paid in full by the due date. This feature is particularly beneficial for managing high-value expenses, such as luxury purchases or travel bookings, without immediate financial strain.

How to Apply for the Union Bank Visa Infinite Credit Card

• Overview of the Application Process:
  • Union Bank offers online, offline, and net banking methods for application.
  • This guide outlines steps, requirements, and tips for a smooth process.
• Online Application Process:
  • Visit: www.unionbankofindia.co.in → Credit Cards section.
  • Select “Visa Infinite Credit Card” and click “Apply Now”.
  • Fill in personal, employment, and income details carefully.
  • Upload scanned identity, address, and income documents.
  • Submit the form and verify using OTP sent to your registered mobile number.
  • Application is processed within 7–9 working days.
• Offline Application Process:
  • Visit the nearest Union Bank of India branch.
  • Request the Visa Infinite Credit Card application form.
  • Fill it out and attach passport-sized photos and necessary documents.
  • Submit to the branch for processing and document verification.
  • Receive reference number to track application status.
• Application via Net Banking (for existing customers):
  • Log in to Union Bank Net Banking with your credentials.
  • Go to “Credit Cards” or “Apply for Products”.
  • Select the Visa Infinite Credit Card.
  • Review and complete the pre-filled application with additional info.
  • Submit and track your status using the reference number.
• Documents Required:
  • Identity Proof: PAN Card, Passport, Voter ID, or Driving License.
  • Address Proof: Passport, Aadhaar, Voter ID, Utility Bill.
  • Income Proof: Salary Slip, ITR, or Form 16 for salaried; ITR for self-employed.
  • Photographs: Two recent passport-size color photos.
• Tips for a Successful Application:
  • Ensure you meet eligibility and income criteria.
  • Maintain a CIBIL score of 700+ for faster approval.
  • Provide complete and self-attested documents in correct formats.
  • Track your application using the reference number.
• Card Delivery and Activation:
  • Card is sent to the registered address with a welcome kit.
  • Activate via Union Bank mobile app, online portal, phone banking, or ATM.
• Common Issues and Resolutions:
  • Low Credit Score: Improve score before applying by reducing outstanding debt and making timely payments.
  • Incomplete Application: Ensure all fields and documents are correctly submitted.
  • Processing Delay: Contact the helpline or branch if delayed beyond 9 working days.
• Customer Support:
  • For assistance, call the Union Bank Credit Card helpline or visit your nearest branch.

Eligibility Criteria for the Union Bank Visa Infinite Credit Card

• Understanding Eligibility Requirements:
  • Visa Infinite is a premium card offered to affluent individuals with strong credit profiles and high income levels.
  • It comes with stricter screening based on income, age, and financial behavior.
• Age Requirements:
  • Primary Cardholder: 18–65 years if salaried, up to 70 years if self-employed.
  • Add-On Cardholder: Must be at least 18 years old; no upper age limit.
• Income Requirements:
  • Salaried: ₹10 lakh+ annual income preferred.
  • Self-Employed: Minimum ₹10 lakh income reflected in last 2–3 years’ ITRs.
  • Corporate: Company must issue board resolution and prove financial stability.
• Credit Score and History:
  • Minimum credit score: 700; preferred: 750+ for premium applicants.
  • No recent defaults or late payments; maintain <30% credit utilization.
• Nationality and Residency:
  • Resident Indians: Must provide valid Indian address proof.
  • NRIs: Eligible if they hold NRE/NRO accounts with required documentation.
• Employment Status:
  • Salaried: Minimum 1–2 years continuous service in a reputed company.
  • Self-Employed: Business should be operational for 2–3 years; provide ITRs and computation sheets.
• Secured Credit Card Option:
  • Available against a fixed deposit with a 25% margin for applicants not meeting eligibility norms.
  • Ideal for applicants with low or no credit history.
• Debt-to-Income (DTI) Ratio:
  • Maintain DTI below 40% to ensure healthy repayment capacity.
  • Clear outstanding loans and credit card dues before applying.
• Existing Relationship with Union Bank:
  • Having savings, FD, or loan accounts can enhance approval chances via pre-approved offers or relaxed criteria.
• Location and Service Coverage:
  • Applicants must reside in a region serviced by Union Bank’s credit card network (8,500+ branches nationwide).
• High Credit Limit Requests:
  • Applicants requesting large credit limits should submit additional documents like ITRs or investment proofs.
• Corporate Affiliations:
  • Companies issuing cards to employees must submit board approval and show positive financials.
• Tips to Improve Eligibility:
  • Maintain credit score above 750; pay dues on time and avoid defaults.
  • Submit comprehensive income proof – salary slips, Form 16, or ITRs.
  • Keep DTI low by repaying existing debts before application.
  • Don’t apply for multiple credit products at once; it reduces score.
  • Talk to Union Bank executives to understand personalized eligibility based on your profile.