The Union Bank Rewards Visa Credit Card has an offer for 10,000 bonus points when you spend $1,000 on purchases within the first three months. According to Union Bank, this introductory offer is worth $100 as statement credit. It’s a sweet deal considering the card doesn’t cost anything to carry. See our list for more reward cards such as the Capital One VentureOne Rewards Credit Card.
The Union Bank Rewards card offers multiple bonus categories on everyday spending, but they’re capped. You’ll earn 5x points on mobile wallet purchases, 3x points on dining, and 2x points on gas and groceries. Once you hit the spending limits, you’ll receive the base rate of 1x points.
Those who are Union Bank customers get a 25% reward bonus when you redeem to a Union Bank checking, savings or money market account, or a 50% reward bonus if you use your points towards your Union Bank mortgage payment.
*Check out Union Bank bonuses for checking & savings accounts.
|Bonus Available||10,000 bonus points after you spend $1,000 on purchases in the first 3 months from account opening.|
|Ongoing Rewards/Benefits||5 points for every $1 spent on mobile wallet purchases. On up to $6,000 the first year after account opening.|
3 points for every $1 spent on restaurant purchases. On up to $6,000 annually.
2 point for every $1 spent on gas and grocery purchases. On up to $6,000 annually.
1 point for every $1 spent on all other purchases.
25% reward bonus when you redeem your points in the form of a deposit to your Union Bank checking, savings or money market account
50% reward bonus when you redeem your points as a principal reduction payment to your Union Bank mortgage.
|Foreign Transaction Fees?||3%|
*Bonus value is an estimated value calculated by MoneysMyLife and not the card issuer. Read our card review for more details.
View our latest valuations here.
- No annual fee
- Welcome bonus
- Relationship bonus
- Good-Excellent credit needed to qualify
- Capped bonus categories
- Foreign transaction fees
Union Bank Rewards Card 10,000 Bonus Points Offer
Take advantage of the Union Bank Rewards card’s 10,000 bonus points offer. These points are worth $100 as statement credit (more on that later).
To qualify, charge at least $1,000 to your card within the first three months of opening your account.
Here are some ideas on meeting the spending requirement:
What Are Union Bank Rewards Points Worth?
Like many other points-based cards, the value of your rewards depends on how you redeem them:
- Statement credits (standard $0.01 per point)
- Travel (varies)
- Gift cards (varies)
- Merchandise (varies)
If you are a Union Bank accountholder, you have additional redemption options:
- Deposits into a Union Bank checking, savings or money market account ($0.125 per point)
- Principal reduction payments to your Union Bank mortgage account ($0.015 per point)
So 10,000 bonus points are worth:
|Union Bank account deposit||$125|
|Union Bank mortgage payment||$150|
*Union Bank Rewards points expire on the third anniversary of the date earned.
The Union Bank Rewards card is a solid choice if you already have a relationship with Union Bank, especially if you took out a mortgage with the issuer. But this rewards card has caps on its bonus categories, so it’s not ideal for big spenders. If that’s your case, you’ll want to opt for a card with unlimited rewards instead.
What’s The Competition?
Below are some of the top competitors to the Union Bank Rewards Visa credit card you should consider.
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