Uni Pay 1/3rd Card Review

By | September 24, 2021
Uni Card

Uni Cards that raised $18.5 million in funding has recently come up with their Uni Pay 1/3rd card as their first offering in an attempt to improve the user experience in credit card industry. Here’s everything you need to know about the Uni Pay 1/3rd card,

What’s Uni Pay 1/3rd Card?

Uni Pay 1/3rd card is technically NOT a credit card even though it works largely similar to a typical credit card on the surface. Its basically a PayLater card (or) Pay 1/3rd card, meaning, you can spend 30,000 INR this month and pay 10,000 INR a month for next 3 months without any interest/fee.

The tech layer is quite interesting as it uses:

  • RBL/SBM bank’s Prepaid card system on the surface that gives access to Visa
  • NBFC partner (LiquiLoans) that gives access to the credit line.

So ideally speaking its a domestic prepaid card and so you cannot use it for international transactions or cash withdrawals and may also have problems in loading wallets, as RBI rules prevent that to happen, which however is expected to be cleared in few months.

Here’s a nice and short video by Uni Cards which reminds me of the movie: 47 Ronin.

Fees & Charges

Joining FeeNil
Renewal/Annual FeeNil
Interest on revolving amountLate fees only, as per the slab

It’s ideally a Lifetime Free card (for now) and comes with a decent late fee slab system (instead of daily interest).


  • 1% Cashback to card (if paid in full)

The system splits “each payment” into 3 parts by default, but you can however choose to pay in full and enjoy 1% cashback.

The cashback system is super simple as you can choose the transaction you want to pay in full in few taps and it instantly adjusts the cashback to unbilled stmt, just like below.

Uni Card Cashback

It’s definitely a good experience, however 1% is indeed bit low even for entry-level cards as we’ve cards that gives 2% cashback these days.

That said, Unicards does mention that they’re working on a rewards system that allows you to earn Uni Coins along with a Uni Store that gives 5X rewards (maybe like HDFC smartbuy).


Unicard Design

Uni Card comes with a neat and clean design with name on the front and card details at the back, just like most other modern premium cards issued these days.

The card comes in a mild grey/silver colour that looks decent.

Credit Limit

One of the most important aspect of an entry-level card is the credit limit, as most card issuers give a relatively low limit especially when its the first card with the bank.

Uni however states that they can issue cards with credit limits ranging from 20,000 INR to 6 Lakhs which sounds promising.

That’s good for an entry-level card and my credit limit was somewhere in the mid.

Credit Limit Enhancement request can be sent after 6 months of card issuance.


The card comes in a neat and well designed box that gives a very good premium feel. Initial impressions were like unboxing an iPhone instead of a card, great work on that!

The box comes with:

  1. The Uni Card
  2. A Toblerone chocolate (Yeah!)
  3. A Mask (good quality)
  4. A personalised baggage tag (looks beautiful)

Here are some pics:

Uni Pay 1/3rd Card unboxing
Uni Pay 1/3rd Card unboxing
premium box design
Premium box design, gives an iPhone box like feel
Unicard unboxing - a phone like divider
Unicard unboxing – a phone like divider
Uni Card - the first look
Uni Card – the first look
Unicard Box contents
Unicard Box contents
Unicard Box contents - mask, chocolate & tag
Unicard Box contents – mask, chocolate & tag
Personalized baggage tag
Personalised baggage tag – looks beautiful


Yet another important aspect when it comes to entry-level cards is the customer support, which is almost non-existent in the industry because of the volume.

However, Uni Cards comes with an excellent customer support.

For ex, as soon as I showed interest for the card on website I got an email from someone in the team to which I replied (asking about IOS support, which is now available) and got a callback in under 30 mins. Mind blowing!

Was also able to follow up on the same via WhatsApp support. That was a good experience.

Should you get Uni Card?

As always, it depends on your profile and the needs. To sum up, You get the following benefits with the Uni card:

  1. Lifetime Free Card
  2. Freebies: Mask+Chocolate+baggage tag
  3. Cashback: 1% cashback on all spends – useful if your other cards don’t give rewards/cb on certain txns
  4. Pay Later: Its like 0% EMI card for 3 months – very useful on high value / emergency spends.
  5. Offers: Zomato pro for 3 months – we may have more such offers in future.

Except for the rewards, it scores well in most other aspects. If you’re new to credit cards, it makes a lot of sense to hold one.

How to Apply?

The application process is super simple. Just download the app and follow the process. It hardly takes ~5 minutes (or) less to complete.

They authenticate your identity via Aadhaar and a selfie.

The app uses CRIF to check the eligibility, but once you proceed further and apply it likely uses both CRIF & CIBIL reports together for under-writing, as I could see an enquiry on CIBIL via the NBFC partner (marked as NDXP, which is actually LiquiLoans).

Your virtual card will be instantly generated and ready for use as soon as you complete the application process. Just make sure you turn on “online transactions” via app before going with your test charge.

The physical card reaches in approx 3-5 days via Delhivery and the good news is that you can choose your delivery address, just incase if its not the same as on Aadhaar – pretty useful feature.

Note: The card currently ships to select cities (~36 cities for now) and is expanding its footprint rapidly.

Final Thoughts

  • Cardexpert Rating: 4/5 (for this segment)

Overall the Uni Pay 1/3rd card comes with a good onboarding experience, premium welcome kit, good credit limit, decent rewards and a great support system. However, if you’re into premium cards and just looking for “rewards” then this may not look attractive to you.

Uni Pay 1/3rd Card is certainly UNIque and overall gives a very good experience for someone who’s new to the world of credit cards.

That said, I would be highly interested in seeing a premium credit card from Uni Cards – perhaps a black card with a black chocolate. 😀

Have you applied for the Uni Pay 1/3rd Card? Feel free to share your experience in the comments below.

Author: Siddharth

Helping Indians to choose right credit cards, pick right offers and enjoy luxury vacations for less. Day & night exploring the spiritual reality of our human existence.

61 thoughts on “Uni Pay 1/3rd Card Review

  1. Vikram

    Sid, have you looked at the Slice Pay card? This Uni Card is still in beta if I am right but that’s already rolled out and has a decent amount of customers. It offers 2% cashback if we pay in full. It’s also a 1/3 rd card just like Uni Cards and predates Uni Card. Check it out and post a review of that too. Max credit limit can be up to 10L for Slice Pay card.

    1. Siddharth Post author

      Slice had negative impressions initially hence was staying away from it, but yes they updated a lot since past 6 months or so as they changed their target group. Will cover it sometime.

      1. AAJ

        Even i would probably use Uni before Slice, it charges even for 1/3rd but Uni doesn’t. Presume this is the case

    2. Nikhil

      Slice also gives 1% only in case of full payment. At-least for me , it is the case & since this is standard feature of card, it can’t be different for users.

      1. Siddharth Post author

        Right, I think Slice gives higher % cashback based on spend slabs. For low spenders both are equal I guess.

  2. Vikram

    One thing I would like to add here is that if users try to add this or Slice Pay card on Cred the app complains that debit cards cannot be added. So payments cannot be done through Cred app from what I know.

  3. Jatin Kumar Malik

    Hey Siddharth,

    Since these new gen fin-cards (Slice, UniPay) are not technically “credit” cards, does it still impacts the Credit score?

    1. Siddharth Post author

      These would get posted as “personal loan” if I understand it right, but again credit bureaus would know it and adjust their algo accordingly. So I don’t expect any negative impact on the score.

      Score is anyway bit over-rated, its the report that matters.

      1. Shivi

        Experian has changed their algo & these personal/consumer loans (Pay later schemes etc.) do more damage to the score/ are frowned upon by lenders.

      1. SS

        Sid, Axis FreeCharge plus card has been removed monthly cashback limit. Now give 5%cashback for all FreeCharge spends excluding rent payment (1%). So even insurance premium and utility will give 5% cashback in 380rs yearly charges. And yearly charges are reversed if spend 50k yearly. So who can’t 2L spend, this card makes much more sense.
        Plz write a review on this card.

        1. Siddharth Post author

          Sure, will explore. But otherwise why would anyone use Freecharge?

        2. Mohit

          Axis freecharge have limited 5% cashback so I had to close that card though I m regular user of freecharge. Cashback is not unlimited.

      2. Bibhuti

        Slice or uni card which one is better and is there any other card which give 3 EMI with no extra charges

  4. Amit

    Uni or Slice are how hard to get for anyone not having credit history?
    Considering the fact it is almost similar to paylater which are pretty easy to get from flipkart or amazon even if we don’t have credit history.

    1. Vikram

      From what I know these are specifically aimed at people without credit history, like students, freshers etc. But applications do get registered as I read from the reviews on the Slice app in Google Play Store. The criteria is not quite well known but they do not ask for any docs from the applicant.

  5. Keerthivasan

    I applied for this card and got 6 lakhs limit instantly. It’s superb good as it doesn’t ask any permission like slice as we need to give all permission for slice to work.
    I really like the card delivery package and i got all mentioned in your article.


      What r the others cards u have and limits of each so as to get u eligible for 6lakh card?

  6. Abhishek Chatterjee

    Received a mail from UNI Card –

    “Uni Pay 1/3rd Card | Next set of features !

    Scan and Pay (UPI) on Card :

    Yes, you heard it right! You will be able to scan any QR code and pay through your own Uni Card.

    Scan and pay on any QR using your card (Coming soon)”

  7. Ramesh Shah

    Hi Sid, i guess you are holding most super premium cards so what made you go for this entry level card?

    1. Siddharth Post author

      Just exploring these new-age products. No plans to actually use any entry level card as primary card.

  8. Rafe

    Applied right after reading your review. After a few hiccups, the card got approved. Physical card in printing as of now. Waiting for it to be delivered.
    Also sid, what’s your take on ‘one’ card? . Its the same category and still in beta. They are providing metal cards. Don’t know much about them.

  9. Shival

    Issues with Slice Card
    1.You will get only Three days to clear your bills.
    2.No advance Payment option .
    3.Two personal Loan accounts reflect in your Cibil.
    4.No credit card payment acceptance from cred,Amazon ,Phonepe and Paytm.
    Payment only throuth their app.
    5 .Any delay in payment,They will slice your Cibil.

    I told them to introduce advance payment option and increase Days between due date and bill generation date but no proper response.

    1. Nikhil

      I had applied for slice card in June. No cibil enquiry till now. Also it does not reflect yet in Cibil, no new account added yet. Strange. For unicard, there was an enquiry with name of NDXP, got 6 lakh limit, but still no new account in CIBIL for unicard also.

  10. hari

    Applied for both Uni and Slice cards last month in span of few minutes and was approved for both the cards. No CIBIL enquiry for Slice card. They fetch the score from CRIF. Got a handsome limit on Slice card.

  11. Priyansh

    Tried to load money on wallet with this?

    Wanted to see if that’s possible

      1. Bintoo

        Hi Sid, I tried to add UNI Card to Paytm but it was failed stating unusual transaction.

        1. Siddharth Post author

          Surprise. Maybe this is because my card is issued by SBM bank and yours probably by RBL?

          Either way, these wallet load issues with prepaid cards are expected to be sorted soon with the updated regulation by RBI.

          1. Gaurav

            Well mine is also issued by SBM, however, I am also getting a similar error on doing transaction at PayTm (loading wallet). Don’t know the reason why the transaction is going through with some people and some are facing errors!! 😀

  12. Mugunthan

    I have tried for this card during the launch time. My pincode was not serviceable at that moment. Have to try again.


    Could you make one single article with all such instant credit cards like Uni card, slice card, etc ?

  13. OP

    Hi Sid,
    each transaction gets 30(cashback)/90 days from the date of transaction?
    or its monthly statement?

      1. OP

        Thanks Sid,
        applied now as fee is waived, I am more interested in Scan and Pay feature. hope it will be live soon

        This is a personal loan where loan amount is same as card limit.
        Disbursement of money will happen when card is used.
        If Disbursed amount is paid back monthly, no interest and 1% reward.
        If paying back in 3 months, no interest and no reward

        Also there is condition of freeze.
        “Please note if the Loan is not utilized for a continuous period of 6 (six) months by the Borrower, the same will be frozen and will not be available for use till the Borrower activates the Loan by completing due diligence as mandated by the Lender.”

        Also there will be sub-limit for certain transactions:

        Scan and Pay, bank transfers, cash withdrawals or on other channels

        Yes. Can use upto Sublimit

        Pay in Full Upto X, there are no charges. If Outstanding Balance exceeds X, then charge upto 3% on Transaction Amount

        If such Transactions are converted to Pay 1/3rd , then charge of upto 3% of
        Transaction Amount

        1. vineel

          where did you get the piece of information which says, use upto X, they are no charges more than that it is 3%?
          And what in the world is X?

          1. OP

            It is mentioned in “LoanAgreement” document which they sent in email after approving card.

            2.7 Sublimit
            2.8 Charges
            Note: This exact sub limit, the value of X and the charges will be communicated to the Borrower electronically or in the Sanction Letter.

      2. Pramtesh

        After reading your post. Even now I am interested in applying UNI card.

        Also I want to know the statment can be spilt in 3. So does this act like EMI or revolving amount(as we pay partial/MAD) on CC

  14. Mahendra G

    I didn’t see any use of the card except auto emi conversation. I feel Axis Ace and icic amazo pay is better. On boarding is similar to OneCard.

  15. Sud

    Applied…got the card and then closed my account without even using it.

    Main issue was it is like a loan account, cant be used to load wallets, 3rd party apps cant be used to make payment…even at entry level one loose so much using this card.

    1. Nikhil

      Though they don’t allow 3rd party payment as of now. They do allow debit card payment allowing further 1% return on that. Also I can load wallets using my uni card. Till now no new account in cibil report, so can’t comment on that(using card > 3 months).

      1. AAJ

        Hi Nikhil, which wallet you could load pls? Unable to do at my end.. barring Paytm which is showing 4.65% charges!

        1. Nikhil

          I used it to load paytm, for me it shows no charges. I don’t use paytm frequently & never used transfer to bank. I tried at phonepe too & it worked. FYI- mine unicard is issued by SBM.

  16. Kayy

    I am confused between the two (Slice and Unicard), heard slice gives better offers where as Unicard gives better user experience. Could anyone please help me with this?

  17. HARIS

    I found slice much better, considering frequent offers (sparks) and separate monthly offers. They have 2% cashback slab for 5L spends too. Sparks are the reason i am more inclined towards Slice since offers like instant cash back on petrol refill, Swiggy amazon, Flipkart, phonepe, irctc etc are mouthwatering.

  18. Shiv

    Which option is better arithmetically? Pay in 3 interest free installments? Or take the 1% cashback?

  19. Shreyas

    Is there any element of GST charged due to splitting the purchase.. like in a zero interest Emi, there is Gst paid on the notional interest.

  20. S R

    Application stuck at trying to connect to CRIF to fetch your credit report. Tried everything including reinstallation of app but stuck at the same point.

    Mailed the customer services several times but NO answer from them either, however getting 8-9 mails and sms a day asking me to complete my application.

    Seems they need to sort out a lot of bugs, NO wonder they are clear that they are in beta !!


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