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UNI Card Honest Review – By Experts & Full Analysis

As most of us know, UNI Card is a Buy Now Pay Later Card that offers a credit limit to students at Zero joining and annual fees. It is not a credit card. Rather it can be equated more to a prepaid card.

Pros of UNI Card

  1. No joining fee.
  2. No annual charges.
  3. Reward of 1% cash back
  4. No interest charge on 3 month EMI
  5. Good customer service
  6. No interest charge for missed payment, however, penalty for late payment
  7. Flexibility: It allows users to convert their either full or partial bill into 3 months EMI at Zero cost

Cons of UNI Card

  1. Foreign transaction not allowed
  2. Integration of UNI Card with digital wallet like Phonepe, Google Pay not allowed
  3. Cash withdrawal not allowed
  4. High late payment fees
  5. Low reward rate @ 1%
  6. Cannot convert your transaction into EMI for more than 3 months.

Cashback on UNI Card

Are you a UNI card holder? If Yes, Cashback On your UNI Card purchase is your Rights. The Cashback on UNI Card applies to purchases at all stores, online and offline. Pay 1/2 Card and Pay 1/3rd Card are the two types of cashback offers applied.

Pay 1/2 Card

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You can spread your payments over 2 months without incurring any extra charges. Or, pay for it in one lump sum within one month and earn 1.2% in rewards.

Pay 1/3rd Card

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You can spread your payments over 3 months without incurring any extra charges. Or, pay for it in one lump sum within one month and earn 1% in rewards.

Credit Card Vs UNI Card

Credit CardUNI Card
Cash withdrawal allowedCash withdrawal is not allowed
Foreign transaction allowedForeign transaction is not allowed
Interest charged from the very first day of purchaseNo interest charge if paid within 3 months
Digital wallet integration allowedDigital wallet integration is not allowed



Debit Card Vs UNI Card

Debit CardUNI Card
Cash withdrawal allowedCash withdrawal is not allowed
Foreign transaction allowedForeign transaction is not allowed
Interest charged from the very first day of purchaseNo interest charge if paid within 3 months
Digital wallet integration allowedDigital wallet integration is not allowed

Takeaways

So, in the end the question arises is should you apply for this card or not?

We believe that UNI card is better than other competitors in terms of user experience, transparency, and customer service.

So, if you are a beginner, you can definitely go for this card.

But, if you have some previous experience and looking for some better deals and rewards, than this card is definitely not fit for you. There are much better card options available in market.

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