Central Bank of India RuPay Select Credit Card

Lounge access

• Complimentary airport lounge access available (as stated on the official product page).
• Complimentary lounge access is a stated card feature.
• Specific visit counts not stated in attached official MITC/KFS/Agreement sources.

Verified · RuPay Select Credit Card product page · 2026-08-02 · source

Forex markup

Foreign Currency Markup Fee: 3%.

Verified · Most Important Terms & Conditions (MITC) v1.4 – Union Bank Credit Cards (covers RuPay Select) · 2026-08-02 · source

Charge

• Effective September 25, 2025 (v1.4): Cash Advance interest (finance charge) 2.5% p.m. (30% annualized).
• Cash Withdrawal Fee (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.
• Card Replacement (RuPay Select) ₹249/-.
• Lost Card Charges NIL.
• Charge slip Request ₹200/-.
• Temporary Enhancement ₹200/- per occasion.
• Hot Listing NIL.
• Hot Listing if MPD not paid ₹200/-.
• Balance enquiry at other Bank ATM ₹20/- (own NIL).
• Green PIN NIL.
• Cheque Return ₹250/-.
• Over limit 2.5% of over limit amount, min ₹250/-.
• Foreign Currency Markup 3%.
• Transaction Charges at Railways 1.5% + IRCTC Charges.
• Late Payment: outstanding up to ₹25,000/- ₹200/-, above ₹25,000/- ₹500/-.
• Statement for >3 months ₹50/- per statement.
• 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) v1.4 – Union Bank Credit Cards (covers RuPay Select) · 2026-08-02 · source

Interest-free period

• Interest-free (grace) period ranges 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.

Verified · Most Important Terms & Conditions (MITC) v1.4 – Union Bank Credit Cards (covers RuPay Select) · 2026-08-02 · source

Fuel surcharge waiver

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

Verified · Most Important Terms & Conditions (MITC) v1.4 – Union Bank Credit Cards (covers RuPay Select) · 2026-08-02 · source

Redemption value

• Reward points can be checked and redeemed for credit card bill payment, purchasing gift vouchers etc. via the Union Rewardz app or website (unionrewardz.com).
• Reward Points have no monetary value except the value assigned by the Bank, are not convertible, and are redeemable only per the Reward redemption scheme/catalogue.
• Reward Points are subject to an expiry.

Verified · Most Important Terms & Conditions (MITC) v1.4 – Union Bank Credit Cards (covers RuPay Select) · 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).

Verified · Most Important Terms & Conditions (MITC) v1.4 – Union Bank Credit Cards (covers RuPay Select) · 2026-08-02 · source

Reward exclusion

Verified · Most Important Terms & Conditions (MITC) v1.4 – Union Bank Credit Cards (covers RuPay Select) · 2026-08-02 · source

Insurance

• Group Personal Accidental Death Insurance coverage: ₹30,00,000/- (premium borne by cardholder).
• Additionally, NPCI free Accidental Death Insurance coverage: ₹10,00,000/- (premium borne by NPCI).
• Cardholders aged 18 to under 70 eligible.
• Up to 3 add-on cardholders eligible.
• NPCI cover requires min one successful POS/e-commerce transaction within 30 days prior to date of accident (UPI/ATM not covered).

Verified · Most Important Terms & Conditions (MITC) v1.4 – Union Bank Credit Cards (covers RuPay Select) · 2026-08-02 · source

Eligibility

• Card(s) not issued to any person less than 18 years of age.
• Add-on cards (up to 3) issued only to spouse/parents/major children of the principal cardholder.

Verified · Cardholder Agreement v1.4 – Union Bank Credit Cards (covers RuPay Select) · 2026-08-02 · source

Official terms

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

Verified · RuPay Select Credit Card product page · 2026-08-02 · source