Unity Bank BharatPe Credit Card

The Unity Bank BharatPe Credit Card is a lifetime-free RuPay card from Unity Small Finance Bank and BharatPe that turns each bill of ₹1,000+ into an EMI. BharatPe sells it as an EMI-driven card, and that is literal: on each bill date the card converts the month's purchases into EMIs whenever they add up to ₹1,000 or more, at 24% a year (2% a month on the reducing balance), over a tenure of up to 12 months that you pick in the BharatPe app. Paying the whole statement on the due date does not undo the conversion, because the 15-to-48-day interest-free period does not apply to EMI-converted spends. The only way to skip it is to prepay all unbilled spends at least a day before the bill is generated. Rewards follow the same rule: 2% as Zillion Coins on the billed spend, paid out as each EMI is repaid and forfeited on anything you foreclose, with no cap or category exclusions. Prepaid spend earns nothing, while a bill under ₹1,000 is billed in full and earns 2%. On Unity's own example, a ₹9,000 bill over three EMIs carries about ₹362 of interest plus GST against ₹180 in coins, and since the first month's interest alone is 2% of the bill, the coins never cover the cost of earning them. The reasons to hold it are the extras: 8 domestic (2 a quarter) and 2 international RuPay lounge visits a year (not the RuPay Exclusive Lounge at Delhi T3), and one annual health check-up. Being RuPay, it links to any UPI app. Zillion Coins are worth ₹0.25 each (4 = ₹1); they redeem with Zillion's partner brands or against the card bill in the BharatPe app, up to ₹5,000 worth a billing cycle, and stay valid for three years from the transaction.

CardAdvisor does not issue cards, take applications, or act as an agent or broker for Unity Small Finance Bank. Apply opens unity.bank.in; your application is submitted to and decided by Unity Small Finance Bank.