Unity Small Finance Bank Roarbank RuPay Credit Card

Fees

Waiver: Joining fee, annual/renewal fee (including after year 2), card reissuance, replacement, and duplicate-statement fees are all Nil with no spend condition, per the bank's official Most Important Terms & Conditions (MITC). This is a genuinely fee-free base card, unlike some 'lifetime free' cards that gate benefits behind paid add-ons.

Rewards

Perks

• ✓Forex markup: 3.5%
• ✓2-in-1 card: every transaction is authorized first against the Total Credit Limit and then auto-settled in real time from the linked Roarbank Savings Account balance if funds are available, effectively extending spending power to (credit limit + savings balance). Peer-to-peer/non-merchant transfers can only be funded from the savings account balance, not the credit limit.
• ✓Cardholders pick exactly 2 cashback categories on the 1st of each month via the Roarbank app from a pool that includes grocery, fuel, restaurants, conveyance, and entertainment (per the official MITC); the per-category cashback percentage varies month to month and is capped at a maximum of 20% — 20% is the ceiling, not a guaranteed rate for every category every cycle.
• ✓If no categories are selected for the month, zero bonus cashback accrues; selections lock in for the month and can only be changed early via customer support if no transactions have yet been made in the chosen categories.
• ✓The ₹2,500 monthly cashback cap is a combined cap across both active bonus categories together, not a separate ₹2,500 per category.
• ✓Outside the two selected bonus categories, general spend earns 0% cashback. The one standing exception, per the official MITC, is a flat 1% cashback on utility bill payments and mobile recharges, applicable at all times regardless of category selection — this is narrower than the '1% on all other spends' framing used by some aggregator sites.
• ✓Some aggregator sources describe '2 additional auto-assigned categories' on top of the 2 cardholder-selected ones (i.e. 4 total), but this is not corroborated by the official MITC, which describes only the 2 cardholder-chosen categories.
• ✓Minimum cashback withdrawal amount is ₹250; cashback is credited toward the card balance via an in-app 'Withdraw Cashback' action, not paid out as a bank transfer.
• ✓Interest rate on unpaid dues is 39.6% p.a. (3.3%/month); late payment charge is 2% of amount due (minimum ₹500); a ₹500 chargeback fee applies if a dispute goes to arbitration; 18% GST applies on top of all fees, interest, and penalties.
• ✓Cash withdrawal from the linked Savings Account via a domestic ATM is free (0%), but withdrawing against the Total Credit Limit costs 3.5% domestically and 3.5% internationally; withdrawing savings-account funds from an international ATM costs 2.5%.
• ✓Rent payments (merchant category code 6513) carry a separate 1% transaction fee.
• ✓No over-limit facility is currently offered on this card, per the official MITC.
• ✓Interest-free period is advertised as 'up to 62 days including a 3-day grace period,' but per the official MITC this is a maximum, not a guaranteed figure — it ranges roughly 30–62 days depending on when in the billing cycle a purchase is made, and only applies if the full Total Amount Due from the prior cycle was paid on time.
• ✓Credit limit is commonly cited as up to ₹3 lakh across the bank's own marketing and most aggregator sources, though at least one aggregator (theguestblogging.com) cites up to ₹1.5 lakh; the bank does not publish a fixed figure and assigns a limit individually at onboarding, including lower 'starter' limits for new-to-credit applicants.
• ✓RuPay card can be linked to third-party UPI apps (Google Pay, PhonePe, Paytm, BHIM), turning UPI QR codes into credit-card acceptance points; a virtual card is issued instantly for online/Google Pay use ahead of the physical card.
• ✓Cashback/reward balances expire immediately on card closure, and the card is deactivated within 7 working days of a closure request being processed (after all outstanding dues are cleared).