Discontinued (August 2022)
Uni Pay 1/3rd Card: What Happened and What Uni Offers Now
The Uni Pay 1/3rd Card let users split a month’s spending into three interest-free instalments. It was built on a prepaid instrument loaded with a credit line from a partner lender, rather than being a bank credit card.
In June 2022 the RBI clarified that prepaid instruments could not be loaded with credit lines. Uni suspended the Pay 1/3rd and Pay 1/2 cards in August 2022. This page explains what changed and what Uni offers today.
- (Historical) Split bills into three interest-free parts
- (Historical) Simple app-based experience
- Discontinued since August 2022
- No longer available to new or existing users as a card product
Fees and charges
| Item | Detail |
|---|---|
| Status | Discontinued |
| Reason | RBI June 2022 instruction barring credit lines on prepaid instruments |
| Uni’s current card | Uni GoldX credit card (bank-issued) |
Why the card was shut down
Fintech “split-pay” cards like Pay 1/3rd worked by loading a prepaid instrument (PPI) with a credit line from a non-bank lender. In June 2022 the RBI told PPI issuers that loading credit lines onto prepaid instruments was not permitted. Products built this way had to stop or move to a bank-issued credit card. Uni suspended Pay 1/3rd and Pay 1/2 in August 2022; its partner bank had already stopped onboarding new customers in June 2022.
What Uni offers now: Uni GoldX
Uni’s current product is the Uni GoldX credit card, issued by YES Bank and BOBCARD. According to Uni, it has no joining or annual fee, pays rewards in 24K digital gold, has no forex markup and can be used on UPI. Check the issuer’s current terms before applying.
Other benefits
| Benefit | Detail |
|---|---|
| Pay 1/3rd card | Discontinued |
| Uni GoldX | Bank-issued credit card; see issuer terms |
| Alternative for splitting payments | Credit card EMI or no-cost EMI offers (check total cost) |
Eligibility
Status
Not available
Current Uni card
Uni GoldX credit card
Issuer of GoldX
YES Bank and BOBCARD
Who this card is for
- Good fit: former Pay 1/3rd users looking for what replaced it.
- Skip if: you want a split-pay card today — this product no longer exists.
Alternatives worth comparing
- Is no-cost EMI really free?
- Credit card vs BNPL vs personal loan
- Best lifetime-free cards
- How the interest-free period works
Final verdict
Pay 1/3rd belongs to the 2021–22 wave of fintech split-pay cards that the RBI’s prepaid-instrument rules brought to an end. If you want similar flexibility today, a bank credit card paid in full gives you up to about 50 interest-free days, and EMI conversion is available for larger purchases — at a cost you should check.
Frequently asked questions
Is the Uni Pay 1/3rd card still available?
No. Uni suspended it in August 2022.
Why was it discontinued?
The RBI said in June 2022 that prepaid instruments could not be loaded with credit lines, which is how the card worked.
What does Uni offer now?
The Uni GoldX credit card, issued by YES Bank and BOBCARD, which Uni describes as lifetime free with rewards in digital gold.
Is splitting a bill into three still possible?
Not with this card. Credit card EMI conversion or no-cost EMI offers are the closest options; check processing fees and interest.
Last verified: October 2026, against Uni’s website and public reporting of the August 2022 suspension. Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.