Uni Cards offers a digital credit card that provides 1% cashback on purchases and 5x rewards at the Uni Store, with zero foreign exchange markup for international transactions. The platform enables users to manage their spending limits and card security through a mobile app, addressing the need for a straightforward, cost-effective credit solution without hidden fees.
Funding
$99.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SVFounders
Product
Problem
Traditional credit cards often come with complex fee structures, including foreign transaction fees, and lack user-friendly controls for managing spending and security. Many users seek a straightforward and transparent credit solution without hidden charges or complicated reward systems.
Solution
Uni Cards offers a digital credit card designed for simplicity and transparency, providing users with a clear and cost-effective credit solution. The card provides a flat 1% cashback on most purchases, and enhanced rewards at the Uni Store, without any foreign exchange markup on international transactions. Users can manage their card settings, including spending limits and security features, directly through the Uni Cards mobile application. Uni aims to provide a seamless and user-centric credit experience, eliminating hidden fees and offering readily accessible customer support via WhatsApp.
Target Audience
Uni Cards targets individuals seeking a straightforward, transparent, and digitally managed credit card with clear rewards and no hidden fees, particularly those who value ease of use and readily available customer support.
Features
- 1% cashback on most purchases, excluding fuel, utility bills, rent, wallet transfers, ATM withdrawals, and international transactions.
- Enhanced rewards (5x value) at the Uni Store.
- Zero foreign exchange markup on international transactions.
- Mobile app for instant card management, including setting spending limits and locking/unlocking the card.
- 24/7 customer support via WhatsApp.
- Lifetime free with no joining fee or annual charges.
- Instant, paperless application process.
- 100% money-back guarantee for unauthorized charges.