"India's most popular lifetime-free metal card โ 5X rewards on top 2 monthly spend categories, 1% forex markup, instant virtual issuance and fully app-managed"
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Quick Summary
๐ณ Joining Fee
Nil โ Lifetime Free
๐ Renewal Fee
Nil โ Lifetime Free
Waived: No fee โ lifetime free card
๐ฏ Best Suited For
First-time card users who want a premium metal card without fees; digital-first users who prefer managing everything via app; those who want low forex markup for international online shopping
๐ Reward Type
Reward Points (1 RP = approx โน0.10 based on OneCard blog examples; 5X on top 2 spend categories; RPs never expire; fractional RPs earned)
๐ Welcome Benefit
Instant virtual card on approval within 5 minutes; metal physical card delivered free; no welcome bonus points or vouchers
๐ฐ Reward Rate
1 RP per โน50 on all eligible spends (base ~0.2% effective); 5X RPs on top 2 spend categories each month โ categories auto-detected (not user-selectable); fractional RPs earned (eg โน175 spend = 3.5 RPs); excludes wallet loads, rent payments, cash withdrawals; RPs never expire
Truly lifetime free metal card โ only entry-level metal card in India
1% forex markup โ among the lowest in India
Instant virtual card in under 5 minutes
5X rewards on top 2 monthly spend categories
Fractional reward points โ earn on every rupee
Reward points never expire
Available as secured card for low/no credit score users
Excellent app with granular card controls
Issued by RBI-regulated partner banks
โ Cons
Very low base reward rate (~0.2% effective)
1 RP = โน0.10 โ much lower than the โน1 per RP often quoted by aggregators
No airport lounge access
No dining, movie or travel benefits
Top 2 categories auto-detected โ not user-selectable
โน3,000 cancellation fee within 6 months
โน3,000 metal card re-issuance fee
Customer service complaints about delayed balance updates
Rent and wallet surcharge being introduced
๐ Rewards & Benefits
Reward Type
Reward Points (1 RP = approx โน0.10 based on OneCard blog examples; 5X on top 2 spend categories; RPs never expire; fractional RPs earned)
Welcome Benefits
Instant virtual card on approval within 5 minutes; metal physical card delivered free; no welcome bonus points or vouchers
Reward Rate
1 RP per โน50 on all eligible spends (base ~0.2% effective); 5X RPs on top 2 spend categories each month โ categories auto-detected (not user-selectable); fractional RPs earned (eg โน175 spend = 3.5 RPs); excludes wallet loads, rent payments, cash withdrawals; RPs never expire
Reward Redemption
OneCard app: swipe right to redeem instantly; cashback to card account; 1 RP = approx โน0.10 based on OneCard's own examples (2,000 RPs = โน200 cashback); no redemption fees; instant redemption
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions โน400 to โน5,000
Lounge Access
No complimentary airport lounge access
Spend Based Fee Waiver
Not applicable โ lifetime free
Milestone Benefits
No specific milestone benefits; continuous earning with never-expiring points
Other Benefits
Metal card at zero cost โ only entry-level metal card in India; 1% forex markup โ among lowest in India; instant virtual card issuance in under 5 minutes; full card control via OneCard app (set limits, lock/unlock, enable/disable international/online/contactless); available as secured card against FD for those with low or no credit score; issued by partner banks: Federal Bank, BOBCARD, CSB Bank, SBM Bank, South Indian Bank, Indian Bank, IDFC FIRST Bank; UPI payments via OneCard app with RuPay credit card
โจ Special Perks & Exclusive Offers
Memberships
Details coming soon
Insurance Cover
Zero liability on unauthorized transactions; no additional insurance covers
Add-on Cards
Free add-on cards with same benefits
Concierge Services
Details coming soon
Special Offers
5X on top 2 categories (auto-detected monthly); 1% forex markup; free metal card; instant virtual card; fractional reward points
๐ณ Fees & Interest Rates
Joining Fee
Nil โ Lifetime Free
Annual Fee / Renewal Fee
Nil โ Lifetime Free โ Waived on: No fee โ lifetime free card
Interest Rate (APR)
๐กPay your balance in full each month and this never applies to you.
3.75% per month (45% per annum); interest-free period up to 48 days
ATM Cash Withdrawal / Cash Advance
2.5% of withdrawn amount (CSB Bank); facility not available on some partner banks like Federal Bank
Late Payment Charges
2.5% of total amount due as late payment fee
Over Limit Charges
2.5% of overlimit amount, minimum โน500
Cheque Bounce / Auto-Debit Return
Details coming soon
Other Charges
Card cancellation within first 6 months: โน3,000 fee; metal card re-issuance fee: โน3,000 (plastic replacement free first time, โน145 onwards); 1 to 2% surcharge on rent and wallet payments being rolled out across partner banks in 2025-2026; EMI processing fee 1% (min โน99); EMI foreclosure fee 3% (min โน99)
๐ Eligibility & Credit Limit
Eligibility Criteria
Age 18 to 60 years; Indian resident; salaried or self-employed; apply via OneCard app only; available as secured (FD-backed via SBM Bank) or unsecured card; CIBIL 750+ for unsecured; no minimum income for secured variant
Credit Score Requirement
750+ CIBIL for unsecured; no score needed for secured variant (FD-backed)
Credit Limit
Based on income and credit assessment; secured variant: up to 80 to 90% of FD value
๐ EMI, Balance Transfer & Debt Management
EMI Conversion
Available via OneCard app; processing fee 1% (min โน99); foreclosure fee 3% (min โน99)
Balance Transfer Facility
Not available
Balance Transfer Interest Rate
Not applicable
Balance Transfer Charges
Details coming soon
๐ Security & Fraud Protection
Card Block Feature
Instant lock/unlock via OneCard app
Instant Fraud Alerts
Real-time push notifications and SMS on every transaction
Purchase Protection
Zero liability on unauthorized transactions
Virtual Card Numbers
Instant virtual card on approval โ use immediately for online shopping
Zero Liability Protection
Zero liability on unauthorized transactions
๐ Customer Service & Digital Experience
Phone Support
Email: help@getonecard.app; in-app support
Chat / Email Support
In-app chat support via OneCard app; email: help@getonecard.app
Mobile App
OneCard app: full card management, lock/unlock, set transaction limits, enable/disable international/online/contactless, track rewards, redeem points, EMI dashboard, UPI payments
Online Banking
Managed entirely via OneCard app โ no separate internet banking portal
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