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Uni card has launched credit card

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tanvi.dhotre...

Uni card will be blocking its 1/3 card and new credit card will be issued

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Deal Subedar Deal Subedar
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which bank they tie up with and source?
Deal Newbie Deal Newbie
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Tie up with SBM

Received notification on app regarding credit card

Benevolent Benevolent
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SBM ? Never heard it before 😧
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Deal Newbie Deal Newbie
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SmartSelect20221112-132235

Benevolent Benevolent
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Yelog ko license kab mila vapas?
RBI ne to Slice aur Uni ka license band krwadia tha na o.O

Comrade Comrade
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Now I guess its a proper credit card like one card... Earlier it was credit line... Like loan amount could be used by card... Which rbi banned

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Talk-Of-The-Town Talk-Of-The-Town
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Looks like my existing unincard will be suspended.
Deal Cadet Deal Cadet
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My existing unicard is also with SBM, didn't receive any notification
Post Mogul Post Mogul
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Things are changing at Uni. Here’s what you need to know… To stay compliant with the latest RBI guidelines, we will have to make certain changes. And it impacts how you use your Uni Card. To give you a quick summary, services for the Pay 1/3rd Card will be suspended starting 1st December ‘22. Your SBM Bank card will be suspended but do keep it safe with you. Your credit line continues to be active. And hence, Uni Cash works as usual. The quickest way to transfer your credit line to your bank account.
Deal Cadet Deal Cadet
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https://www.uni....s/

An important update for you → things are changing at Uni

📌To stay compliant with the latest RBI guidelines, we will have to make certain changes. And it impacts how you use your Uni Card.

What's happening?

➡️Services for the Pay 1/3rd Card will be suspended starting 1st December ‘22. Your SBM Bank card will be suspended but do keep it safe with you.

Your credit line continues to be active. And hence, Uni Cash works as usual. The quickest way to transfer your credit line to your bank account.

What’s next..?

⚡️We’re creating some new, first-of-its-kind products. And you can experience them right away.

Is this recession hitting financial startups in India ?

Deal Cadet Deal Cadet
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The new NX Wave card was replaced instead of the old UNI 1/3 card, but now the waiting list there
Deal Cadet Deal Cadet
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https://www.uni....s/

An important update for you → things are changing at Uni

📌To stay compliant with the latest RBI guidelines, we will have to make certain changes. And it impacts how you use your Uni Card.

What's happening?

➡️Services for the Pay 1/3rd Card will be suspended starting 1st December ‘22. Your SBM Bank card will be suspended but do keep it safe with you.

Your credit line continues to be active. And hence, Uni Cash works as usual. The quickest way to transfer your credit line to your bank account.

What’s next..?

⚡️We’re creating some new, first-of-its-kind products. And you can experience them right away.

Is this recession hitting financial startups in India ?

Deal Cadet Deal Cadet
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It's RBI hitting credit-line based card offering startups
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Savings Mentor Savings Mentor
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Yup NX Wave CC by SBM Bank (Unsecured) as per Uni customer care. 1% cashback (except on fuel, rent, wallet, ATM and international transactions although you get fuel surcharge waiver), 0% forex markup, LTF. I am 1,12,588 on the waitlist because I was taking a Saturday evening nap when the message arrived. smile

Helpful Helpful
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If this is a proper credit card like one card then I'm interested. Currently onecard won't give airport lounge access or any other premium features that is included in a normal visa signature card. Hope Unicard bring a super premium Visa Infinite or Mastercard World Elite cc with Airport lounge access, Airport meet & greet, spa,golf,hotel memberships etc for LTF and easy chargebacks with 1 phone call. 

Deal Cadet Deal Cadet
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Totally agree!
Additionally, the same benefits should pass on to addon cards for whole extended family and friends. And unlimited lounge access anywhere should be without needing to carry any extra cards like priority pass. 
Finance Mentor Finance Mentor
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I will also take if it's a proper credit card after some reports and CIBIL entries appearing in early adopters.

Currently no existing relationship with UNI BNPL.

Generous Generous
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Some 1.5L ppl in waitlist(those who hv applied already) 

Deal Newbie Deal Newbie
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Now Card will be automatically issued or again KYC process even for old users ,!!?

Finance Mentor Finance Mentor
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They still have the old 1/3 1/2 cards showing on official website and shows mobile number entry for signup... shouldn't have they blocked this? How to register interest for real credit card?

Deal Cadet Deal Cadet
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tHEY MIGHT DO IT ON dEC 1
Generous Generous
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charges/benefit of this credit card?

Deal Cadet Deal Cadet
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Whether it's for serviceable for all pincodes or serviceable only to metro cities 

Finance Mentor Finance Mentor
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Uninstall and reinstall unicrds app, should ask for the pincode while eligibility check... @beawre1

Trailblazer Trailblazer
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Did u applied not showing any eligibility check just logging automatically

Finance Mentor Finance Mentor
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I wasn't registered or used app before. Yesterday, had put in mobile number on website and it told to download app. Installed and it started taking info like name, pan, pin, email for card eligibility check. Now showing, it's being processed and I will be informed when next step is available in a few days (if eligible then KYC). @beawre1 @Dileep_kumar

Trailblazer Trailblazer
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Oh I'm already unicard user joined in waitlist few days back
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Finance Mentor Finance Mentor
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The point is they have updated the site offering only NX wave CC now and have phased out the 1/3 and 1/2 programs officially... so things must be moving now. @satraghav @Dileep_kumar

Finance Mentor Finance Mentor
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I got this after giving data for eligibility check on app:

IMG20221209141324

Deal Newbie Deal Newbie
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Existing users are able to apply?

replyuser
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