Union Bank of India NEXTERIA Credit Card

Charge

• Effective September 25, 2025 (MITC v1.4).
• Card Replacement Charges (NEXTERIA): ₹4999/-.
• Cash Advance interest (finance charge): 2.5% p.m. (30% annualized) from date of withdrawal.
• Cash Withdrawal Fee at own/other Bank ATMs: 3% of Cash Advance or Min. ₹500/-.
• Service/Finance charge (simple interest): 3.00% p.m. / 36% annualized (whether or not MPD paid by due date).
• Over limit Charges: 2.5% of the over limit amount, Minimum ₹250/-.
• Late Payment Charges: outstanding dues up to ₹25,000/- = ₹200/-.
• Above ₹25,000/- = ₹500/-.
• Cheque Return Charges: ₹250/-.
• Charge slip Request Charges: ₹200/-.
• Temporary Enhancement: ₹200/- per occasion.
• Hot Listing Charges: Nil (₹200/- if MPD not paid).
• Balance enquiry at other Bank ATM: ₹20/-.
• Green PIN Charges: Nil.
• Lost Card Charges: NIL.
• Statement for >3 months: ₹50/- per statement.
• Transaction Charges at Railways: 1.5% + IRCTC Charges.
• EMI: Rate of Interest 16% p.a. on reducing balances, Processing Fee 2% (Min ₹200/-, Max ₹1,000/-), Pre-closure 2% of outstanding.
• All charges exclusive of GST.

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Interest-free period

• The Interest-free credit period could range from 20 to 50 days, applicable only on retail purchases and if the previous month's balance has been cleared in full.
• No interest-free grace period for cash withdrawals from ATMs (Cash Advance).

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Fuel surcharge waiver

Fuel Surcharge Waiver: 1% up to ₹100/- per month.

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Milestone benefit

• Birthday Month: Earn 10X Reward points on online shopping/electronics spends, subject to maximum reward point 10000.
• Monthly Milestone: Earn 5X rewards on spend of ₹200000/- & above, subject to maximum reward point 10000.
• Annual Milestone: on reaching spend of ₹10.00 lacs - Additional 10000 reward points.
• On reaching spend of ₹12.00 lacs & above - Additional 15000 reward points.

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Reward cap

• Reward points earned against each Credit Card Customer ID capped at 10,000 per month (excluding milestone reward points).
• Annual milestone reward points are over and above monthly RP.
• Maximum milestone reward points should not exceed 15,000 RP.

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Reward exclusion

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Travel benefit

Travel Insurance of ₹0.20 lakhs (Baggage Loss) for NEXTERIA.

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Insurance

• Comprehensive Insurance coverage for NEXTERIA: Personal Accidental Insurance ₹50.00 Lakhs.
• Air Accidental Insurance ₹1.00 Cr.
• Purchase Protection ₹2.00 Lakhs.
• Cyber Security Insurance ₹2.00 Lacs (from Bajaj Allianz, subject to annual review).

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Eligibility

Cash withdrawal limit for NEXTERIA is 40% of Card Limit.

Verified · Most Important Terms & Conditions (MITC) – covers NEXTERIA Credit Card · 2026-08-02 · source

Official terms

https://www.unionbankofindia.bank.in/en/details/nexteria-credit-card.

Verified · NEXTERIA Credit Card product page · 2026-08-02 · source