Home / Business and Economy / Banks Unveil Exciting Festive Offers: EMI-Linked Purchases, UPI Credit, and Weekend Discounts
Banks Unveil Exciting Festive Offers: EMI-Linked Purchases, UPI Credit, and Weekend Discounts
17 Nov, 2025
Summary
- Unity Bank and BharatPe launch credit card with EMI and UPI features
- Federal Bank introduces "Weekends With Federal" discount program
- Banks expand digital payment options as consumer spending rises
On November 17, 2025, Unity Small Finance Bank and BharatPe unveiled the details of their new Unity Bank BharatPe Credit Card, issued on the RuPay network. The card automatically converts eligible high-value purchases into equated monthly installments (EMIs) and allows early closure of EMIs without penalty. Users can also link the card to UPI via the BharatPe app, enabling QR-based and handle-based payments using the credit limit. The issuers stated that the card carries no joining, annual or processing fees and offers rewards on both card and UPI transactions.
Separately, Federal Bank introduced "Weekends With Federal," a set of recurring Friday-Sunday offers for its debit and credit card customers. The discounts, ranging from 5% to 10%, apply to purchases in categories like food delivery, quick commerce, apparel, electronics, dining, and entertainment. Partner platforms include Swiggy, Swiggy Instamart, EazyDiner, Croma, Ajio, and Zomato District.
Banks are expanding their product features and merchant tie-ups as consumer spending is expected to increase during the October-December period, when purchases on travel, gadgets, electronics, dining, and apparel typically rise. Industry analysts anticipate continued competition among issuers around EMI-linked products, UPI-enabled credit card usage, and merchant-led weekend discounts as digital transaction volumes surge.
