Unity Bank BharatPe Credit Card
The Unity Bank BharatPe Credit Card is an app-first, lifetime-free RuPay credit card issued by Unity Small Finance Bank in partnership with BharatPe. It is pitched as India's first EMI-driven credit card: you earn unlimited 2% rewards as Zillion Coins on spends once they are converted to EMI (flexible tenures up to 12 months), with no cap or category exclusions. Being a RuPay card it links to any UPI app for scan-and-pay, and it carries an interest-free period of up to 48 days. Extras are generous for a free card — 2 complimentary international lounge visits a year via RuPay, and one annual health check-up. Zillion Coins are redeemed in the BharatPe app for vouchers, products or to offset the card bill (up to ₹5,000). Because the 2% is tied to EMI conversion, the reward model rewards people who use the EMI feature rather than pay in full.
Key features
What this card is built to do — the highlights that actually matter.
2% on Other
Flat 2% as Zillion Coins on bill repayments since 14 Aug 2025 (4 coins = ₹1). Fees charges interest and tax do not earn; no merchant-category restrictions. Coins are forfeited on the portion of any EMI you foreclose early. Bill offset is capped at 5000 coins (about ₹1250) per billing cycle
️ Airport Lounge Access
2 domestic lounge visits per calendar quarter (8 a year) plus 2 international visits per calendar year via RuPay. The RuPay Exclusive lounge at Delhi IGI T3 domestic departures is excluded
Lifetime Free
No annual fee — ever. Keep this card long-term without any recurring cost.
UPI Linked
Link to PhonePe, GPay or Paytm and earn credit card rewards on UPI payments
️ Insurance Cover
One complimentary annual health check-up package for the primary cardholder
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Other | reward points | 2% | — |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | Lifetime free |
| Joining fee (incl. 18% GST) | Free |
| Finance charge (APR) | 2% p.m. |
| Forex markup | 3.5% |
Perks & benefits
Estimated annual value beyond rewards — ~₹7,000/yr in total.
️ lounge access ~ ₹6,000 /yr
2 domestic lounge visits per calendar quarter (8 a year) plus 2 international visits per calendar year via RuPay. The RuPay Exclusive lounge at Delhi IGI T3 domestic departures is excluded
️ insurance ~ ₹1,000 /yr
One complimentary annual health check-up package for the primary cardholder
Should you get it?
Best for: UPI user who uses EMI conversion on purchases, Someone wanting international lounge access on a free card
Entry tier — great for first-time and lower-spend users.
Strongest value if you spend heavily on Other ( 2% back).
Frequent travellers benefit from the included airport lounge access.
✓ Pros
- Lifetime-free RuPay/UPI card
- Unlimited 2% Zillion Coins on EMI-converted spends
- 2 international lounge visits a year + annual health check-up
- Interest-free period up to 48 days
✕ Cons
- The 2% reward is earned only on EMI-converted spends, not pay-in-full
- Zillion Coins redeem within the BharatPe app
- Requires ₹5 lakh annual income; issued by a newer Small Finance Bank
Eligibility & documents
Age
21 –65 years
Min. income
₹20,833 /mo
Employment
Salaried · Self-employed
Documents required
- PAN card
- Aadhaar / valid address proof
- Income proof — salary slips (salaried) or ITR (self-employed)
How to redeem rewards
Ways to convert what you earn into real value.
🎁 Redeem Zillion Coins in the BharatPe app for vouchers or products
🎁 Offset the card bill with Zillion Coins (up to ₹5,000)
What your Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Statement credit / catalogue Most common; lowest value
Flights & hotels via issuer portal BEST Higher value on travel bookings
The concern The 2% reward is earned on EMI-converted spends, not on transactions paid in full, so pay- in-full users will earn little; EMI also carries interest unless within the interest-free window.
The bottom line
This is a no-cost card with a genuinely unusual mechanic: the 2% Zillion Coins payout only applies once a spend has been converted to EMI, so it's built for EMI users rather than people who pay their statement off in full. Layer on two international lounge visits a year and an annual health check-up, and the overall package looks strong for a lifetime-free product — but only if EMI conversion already fits how you use a card.
Sources & verification
Fees, reward rates, and benefits for the Unity Bank BharatPe Credit Card are taken from Unity Small Finance Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 8 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for Unity Small Finance Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2025 · 1 changes · last change Aug 2025
▲ Revaluation ▼ Devaluation ◆ Neutral / reversed
2025 1 change — 1 neutral
◆ Launch Effective 28 Aug 2025
Unity Bank BharatPe Credit Card launched
BharatPe and Unity Small Finance Bank launched the Unity Bank BharatPe Credit Card, pitched as India's first EMI-driven credit card. It is a lifetime-free RuPay card (zero joining, annual, processing and foreclosure fees) that links to UPI, and earns an unlimited flat 2% as Zillion Coins on spends once they are converted to EMI (tenures up to 12 months, no cap or category exclusions), redeemable in the BharatPe app for vouchers, products or bill offset.
Verification: CardAdvisor Research · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: Unity Bank BharatPe Credit Card value timeline — CardAdvisor
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Source: Unity Bank BharatPe Credit Card value timeline , CardAdvisor (CC BY 4.0).
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Quick summary
Type Entry credit card
Reward rate 2%
Best for UPI user who uses EMI conversion on purchases
Joining fee Free
Annual fee Lifetime free
Reviewed by
Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade
Last verified 8 Aug 2026
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280 cards analysed — August 2026
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