Uni Cards review

Uni Cards charges an annual fee of INR 0 and is built as a no annual fee product, so there is nothing to pay for keeping the card open. The cost picture also holds at the point of use, with a currency conversion fee of 0% on spend in another currency.

The currency conversion fee is 0%, so spending in another currency does not add a conversion charge. Across credit cards in the same category the median conversion fee is 1%, and Uni Cards sits at 1 on this measure.

Rewards are the headline rewards of the card. The Fuel surcharge waiver up to INR 500 per billing cycle and Issued by YES Bank and Bob (nxWave) adds a fuel surcharge waiver of up to a set amount in each billing cycle, which is the part that pays back drivers who fill up often, and it also names the issuer.

The card is issued by YES Bank and Bob (nxWave), as named in Fuel surcharge waiver up to INR 500 per billing cycle and Issued by YES Bank and Bob (nxWave). Because the card runs on a partner issuer rather than a lender of its own, approval, limits and the terms attached to the account sit with that issuer.

It ranks 1 on annual fee among 312 brands compared, and 1 on currency conversion fee among 186. The annual fee stands at INR 0 and the conversion fee at 0%, so both measures sit at the flat end.

It suits readers in India who hold a card for everyday spending and want rewards with an annual fee of INR 0, plus drivers who can use the fuel surcharge waiver in Fuel surcharge waiver up to INR 500 per billing cycle and Issued by YES Bank and Bob (nxWave). Readers in the UK and Europe gain little from a card priced in rupees unless they spend there.

The cost part of the score is 7.1, with an overall score of 7.1. That rating rests on a card charging INR 0 a year and 0% on currency conversion, with the fuel surcharge waiver in Fuel surcharge waiver up to INR 500 per billing cycle and Issued by YES Bank and Bob (nxWave) adding value for drivers.