Uni GoldX Review: Gold Rewards + 0% Forex (Is it a Gimmick?)

The Comeback Kid

After the RBI ban on prepaid cards hit the fintech sector hard, Uni has reinvented itself. Partnering with YES Bank (and others), they have launched the Uni GoldX.

The pitch is simple: Instead of confusing reward points, you get Gold. Real, 24K Digital Gold. And for travelers, they threw in a 0% Forex Markup feature. Sounds perfect?

Feature 1: Rewards in 24K Gold (1% Rate)

Every time you swipe, you earn rewards. But instead of "Coins" or "Points", you see your gold locker grow.

• Reward Rate: Flat 1% value on spends.
• Reward Form: 24K Digital Gold.
• Redemption: Sell the gold for cash or get it delivered (if you accumulate enough).

The Honest Take: 1% is... okay. It's not great.
The SBI Cashback gives you 5%.
The Axis Ace gives you 1.5%.
So financially, earning 1% in Gold is mathematically equal to earning 1% cashback. But psychologically? It feels richer.

Feature 2: Zero Forex Markup (The Real Hero)

This is where the card shines. Most cards charge 3.5% + GST (approx 4.13%) when you spend abroad.

Uni GoldX charges 0%.

If you travel internationally or buy software/games in USD, this card instantly saves you ~4%. Combined with the Lifetime Free nature, this makes it an essential travel companion, right up there with Scapia.

Feature 3: RuPay Power & UPI

Since it's on the RuPay network, you can link this card to UPI apps (GPay, PhonePe, Bhim). This allows you to:

• Scan QR codes at small merchants.
• Pay using your Credit Limit.
• Earn Gold even on chai and groceries.

Note: UPI spends generally have lower reward caps or exclusions, but the convenience is unmatched.

Uni GoldX vs Scapia vs Niyo

The battle for the "Traveler's Pocket" is heating up.

Feature	Uni GoldX	Scapia	Niyo Equitas
Fee	Lifetime Free	Lifetime Free	Zero Balance Acc
Forex	0%	0%	0%
Rewards	1% (Gold)	10% / 20% (Coins)	Up to 1%
Lounge	No	Unlimited (Spend based)	No

Verdict: Is it worth it?

Yes, absolutely.

Why? Because it is Lifetime Free. There is literally no downside to keeping this card in your wallet.

• Use it for: International Trips, USD Payments, and UPI.
• Don't use it for: Big ticket shopping (use SBI Cashback instead).

The "Gold" feature is a nice gimmick that forces you to save, but the 0% Forex is the real financial utility here.