The Unity Bank BharatPe RuPay Credit Card is a lifetime-free credit card offering many benefits, such as airport lounge access and up to 2% cashback, without any joining or annual fees. With features like automatic EMI conversion and unlimited reward points, it presents an attractive option for those who want flexibility in managing their expenses.
Here is everything you should know about the card.
- This is a lifetime free credit card, which means there is no joining or annual fee.
- There are no restrictions on earning points and no upper limit to the amount of points you can earn.
- Under the RuPay common lounge access program, you can access eight domestic and two international airport lounges every calendar year.
- Individuals between the ages of 21 and 65 years with a salaried income of at least ₹2.5 lakh per annum and self-employed individuals who file an ITR of ₹5 lakh per annum are eligible for the card.
- The card offers EMI at no charges in case of foreclosure, which means you can make pre-payment without any stress.
- Users can take advantage of the complimentary preventive health checkup, which is originally a RuPay benefit.
Auto EMI Conversion: A Double-Sided Coin
Whenever a bill is generated towards the end of a billing cycle, the unpaid balance is automatically converted into EMI. The following criteria are followed for conversion.
| Balance | Conversion to EMI |
| ₹1 – ₹999 | No EMIs; The Amount Will Need To Be Repaid in Full |
| ₹1,000 – ₹9,999 | 3 EMIs |
| ₹10,000 and above | Up to 12 EMIs, as Per Opted Tenure Preference |
The Unity Bank BharatPe Credit Card automatically converts any unpaid balance exceeding ₹999 into EMIs, which sounds like a convenient feature. For many users, this could be an effective way to handle large bills.
However, this automatic EMI conversion has another side. Some users may not appreciate its automatic nature, especially if they would rather pay off their balance in full before the due date. Additionally, there is a 2% interest charge on EMI repayments, and if you miss a repayment or delay it, the overall interest can add up quickly.
The bank claims the rewards are proportionately earned upon repayment.
| Balance | Rewards |
| ₹1 – ₹999 | 0% |
| ₹1,000 – ₹9,999 | 1% |
| ₹10,000 and above | 2% |
Moreover, the 2% cashback on EMI repayments is only applicable for bills of ₹10,000 or more. This means the cashback benefit is only helpful for those with higher balances, which leaves users with smaller outstanding amounts with little to no incentive.
Things to Keep in Mind
There are multiple reasons why one would consider getting this card; for example, as of now, it is a lifetime free card, gives you 8 domestic as well as 8 international airport lounge access every year, and currently, there are no merchant restrictions to reward earning categories. There are also some things you should keep in mind before opting for this card.
- If you carry an outstanding balance of more than ₹999, your bill will be automatically converted into EMIs. This can be convenient; however, you must remain alert regarding your spending habits to prevent this conversion. If you prefer not to use EMIs, this may not be the card for you.
- The EMI conversion feature provides flexibility, but it has a 2% interest rate attached to it.
- The cashback offered on the EMI repayments is 2% only if the unpaid bill totals ₹10,000 or more.
- The RuPay lounge at IGI Airport T3 is excluded, which is a downside for frequent travelers. While 8 domestic and 8 international lounges are included, this specific lounge access could have been a dealbreaker for some.
Bottom Line
The Unity Bank BharatPe Credit Card is an attractive option for anyone seeking a lifetime-free card that offers substantial rewards, flexible EMI conversion options, and airport lounge access. However, be aware of the automatic EMI conversion for balances over ₹999 and the conditions related to cashback on EMI repayments.
If the lifetime-free aspect of the card is particularly appealing to you, it’s worth considering that there are other similarly structured entry-level cards with comparable benefits. For example, the IDFC First Millennia Credit Card or the EazyDiner IndusInd Platinum Credit Card offers similar perks, including no annual fees and decent rewards.
While the Unity Bank BharatPe Credit Card brings some valuable features to the table, the fine print should not be overlooked. If you’re looking for flexibility in EMI repayments and unlimited rewards, it’s worth considering—but make sure to weigh it against other options in the market.
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