OneCard Metal Credit Card
- Updated On: 30 April, 2026
One Card is an entry-level credit card issued by fintech startup FPL Technologies Pvt. Ltd. in partnership with its banking partners, including Federal Bank, BOBCARD, CSB Bank, Indian Bank, SBM Bank, and South Indian Bank. The card can be issued as either a secured credit card or an unsecured credit card (if you are deemed ineligible for the card based on your credit score/income, you can get the card against a fixed deposit with SBM Bank).
You earn Reward Points for all purchases made with One Card- 1 Reward Point per ₹50 spent and 5x Reward Points on the top two spend categories of the month. One unique feature of One Card is that, unlike other credit cards, you can also earn fractional Reward Points against your spends (more on this later in the article). Along with all of these benefits, OneCard regularly brings out new offers and discounts on popular Indian brands. Read on to learn more about the One Card Credit Card.
OneCard Metal Credit Card
( 4.3 / 5 )
- Joining Fee
- Annual Fee
- Best Suited For
- Reward Type
Rewards Rate
1 Reward Point per Rs. 50 spent, 5x Reward Points on top two spend categories of the month
Welcome Benefits
N/A
Rewards and Benefits
Movie & Dining
N/A
Rewards Rate
1 Reward Point per Rs. 50 spent, 5x Reward Points on top two spend categories of the month
Reward Redemption
Redeem RPs for Cashback. 1 Reward Point = ₹0.10
Travel
N/A
Domestic Lounge Access
N/A
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
N/A
Fees & Charges
Spend-Based Waiver
N/A
Rewards Redemption Fee
Nil
Foreign Currency Markup
1%
Interest Rates
3.75% Per Month or 45% Per Annum
Fuel Surcharge Waiver
1% Waiver on Fuel Transactions Up to ₹400 Each Month
Cash Advance Charges
2.5% of the transaction amount, subject to a minimum amount of Rs. 300
Product Details
- Metal credit card issued on the Visa Signature payment network.
- Lifetime free credit card- no joining/annual fee applicable.
- 1 Reward Point per ₹50 spent and 5x Reward Points on the top two spend categories.
- Reward Points are redeemable for cashback, 1 Reward Point = ₹0.10.
- Lower forex mark-up fee of just 1% of the transaction amount and a lower interest rate of 3.75% per month.
Best OneCard Credit Cards List
As mentioned earlier, OneCard offers credit cards in partnership with some of the popular banks/credit card issuers in India. Following is the list of the best OneCard Credit Cards:
- Federal Bank OneCard Credit Card
- BOBCARD OneCard Credit Card
- CSB OneCard Credit Card
- SBM OneCard Credit Card
- Indian Bank OneCard Credit Card
- South Indian Bank OneCard Credit Card
One Card Credit Card Rewards
- You earn 1 Reward Point/₹50 spent with your One Card Credit Card.
- You can also earn fractional Reward Points on One Card. For example, if you spend ₹175, you will earn 3 Reward Points against ₹150 and 0.5 Reward Points for the remaining ₹25. Therefore, in total, you actually earn 3.5 Reward Points on the expenditure of ₹175 with your One Card Credit Card.
- You earn 5x Reward Points on the top two spend categories of the month. For example, if the top two spending categories for a given month are travel and grocery, you earn 5x Reward Points on travel and grocery spends in that month. The top two spend categories are calculated for every month separately- that is, your top two spend categories for the month of February may be grocery and travel, and for the month of March, they may be bill payments and online shopping. This 5x Reward Points benefit on the top spend categories is applicable only if you use your One Card for purchases in at least three different spend categories.
- OneCard also offers periodic offers and discounts on popular brands and e-commerce websites like Amazon, Flipkart, and Levi’s. You can check all offers here.
Reward Redemption
The Reward Points earned on the One Card Credit Card can be redeemed against cashback at a value of 1 Reward Point = ₹0.10.
OneCard Credit Card Features & Benefits
The following are some of the most significant features and benefits of the OneCard Credit Card:
- It is a lifetime-free credit card with no additional hidden charges.
- You can get the digital card activated immediately and get the physical card in 3-5 business days once your application is approved.
- The cardholders earn accelerated rewards on their top two spend categories.
- The reward points you earn on your spends are redeemable against the card’s outstanding balance.
- The card’s foreign currency markup fee is 1%, which is very low compared to most of the credit cards available in the Indian market.
OneCard Fees and Charges
- Annual Fee: One Card is a lifetime free credit card. Therefore, you do not pay a yearly membership fee for the card.
- Interest Rate: If you fail to pay the amount due on your One Card statement by the payment due date, you are charged an interest rate of 3.75% per month (45% annually) on the due amount.
- Forex Mark-up: The forex mark-up fee applicable to transactions made in a foreign currency with your One Card credit card is 1% of the transaction amount (lower than the usual 2.5%).
- Cash Advance Charge: You are charged a cash advance fee of 2.5% of the withdrawn amount on cash withdrawals with your One Card Credit Card (subject to a minimum fee of ₹300).
How to Apply for OneCard Credit Card Online?
You can apply for the One Card Credit Card online on the One Card website or through the One Card mobile app. All you need to do is enter your mobile number and provide some basic details like ID proof, PAN Card, and proof of income. In case your application is rejected due to a bad credit score or low income, you can also get One Card against a fixed deposit with SBM Bank, which is one of One Card’s banking partners.
Click on Apply Now to get your Metal OneCard now.
Should You Apply for OneCard?
Unlike BNPL (Buy Now Pay Later) cards by Fintech startups like Slice and Uni Card, One Card is a full-fledged credit card by FPL Technologies, launched in collaboration with its banking partners- Federal Bank, SBM Bank, Indian Bank, CSB Bank, BOBCARD, and South Indian Bank. You should consider applying for One Card if-
- You want an entry-level metal credit card. One Card is the only entry-level credit card that comes in a metal form factor.
- You like the reward structure of One Card that allows you to earn fractional Reward Points (as explained earlier).
- You have a bad credit score or no credit score at all (due to a lack of credit history) and want a secured credit card with a decent reward rate. OneCard is available as both a secured (issued against a fixed deposit) and an unsecured credit card.
- You want an entry-level credit card with a lower foreign currency markup fee.
OneCard Credit Card Eligibility Criteria
The eligibility criteria that need to be fulfilled in order to get a One Card Credit Card have not been defined clearly by the card issuer. However, the following are some basic eligibility requirements that you might need to fulfill:
- The applicant’s age should be at least 18 years.
- The applicant should have a stable source of income.
- To get a secured OneCard against a fixed deposit, no credit score will be required. However, if you want to get an unsecured card, you should have a decent credit score (preferably above 750).
Bottom Line
Considering that it is a lifetime free entry-level credit card, One Card offers a decent reward rate between 0.2% and 1%. If you want to flaunt a metal credit card but can not afford a super-premium card, One Card can definitely be a good pick for you. Another positive aspect of One Card is that it allows you to earn fractional reward points, which means that even if a transaction is not a multiple of 50, you still earn reward points against the entire amount.
Suppose you are eligible for an unsecured credit card. Before you make up your mind, compare the features and benefits of One Card with those of mainstream entry-level credit cards like Amazon Pay ICICI Bank Credit Card, Flipkart Axis Bank Credit Card, and HDFC Bank Millennia Credit Card.
FAQs:
Is OneCard a credit card?
Yes, One Card is a credit card issued by FPL Technologies Pvt. Ltd. in collaboration with its banking partners – Federal Bank, BOBCARD, SBM Bank, Indian Bank, CSB Bank, and South Indian Bank.
What are fractional Reward Points?
One unique feature of One Card is it allows you to earn fractional Reward Points- for example, if you spend Rs. 175 with your One Card, you will earn Reward Points not only against the Rs. 150 spent but also for the remaining Rs. 25- 3 Reward Points against Rs. 150 and 0.5 Reward Point against the remaining Rs. 25 (3.5 Reward Points in total).
Do I get airport lounge access with a One Card Credit Card?
No, as it is an entry-level credit card, you do not get any domestic/international airport lounge access with a One Card credit card.
Can I get the OneCard physical card for free?
Yes, the OneCard Metal Credit Card can be availed for a lifetime free without paying any charges or fees.
What is the reward rate of One Card?
You earn 1 Reward Point per Rs. 50 spent with One Card and 5x Reward Points on the top two spend categories of the month. 1 Reward Point is equivalent to Rs. 0.10
Can One Card be used for making international transactions?
Yes, One Card can be used for making international transactions at all merchants that accept Visa credit cards. A forex mark-up fee of 1% of the transaction amount is applicable on transactions made in foreign currencies.
22 comments
Deepak
I just applied for the OneCard Metal Credit Card after reading your review, and I’m really excited about the benefits it offers! The design looks sleek, and I appreciate the transparent fees mentioned.
Kiran
Can I buy international flight tickets or book hotels in India ??
Kartik Kanwar
You can but you shouldn’t. Honestly the reward rate is too poor.
Dipak Parmar
I have card but not able to use it
Siva
How do I redeem my rewards points?
Thirupathi
I have used one card co-branded by South Indian Bank, every month i have paid before due date, I have not paid 1 month that is also informed to the customer care team, they send, 30 days due payment they are sent bad messages, what is the meaning of that word, Team leader shouting at me he said come Pune, will send the person they will collect the assets, one message received from WhatsApp we are already generated notices sign it send it back and one more person sent message we are already sent legal notice to your current organization HR and management the will address you regarding payment, One customer does not paid 30 days they are behave like this, what happen here that is RBI approved or not?
The grievance team giving 3 months wave off I am not interested that wave the grievance team closed SR, why required grievance team presence in this case?…
And I am asking show your protocol, code of conduct and RBI guidelines the customer is not paid 30 days only … I have visited Hyderabad office twice noone show protocol, code of conduct and RBI guidelines, what is the problem? I have sent mail they closed SR. One person behaves like I am ready to accept apology, many people behave like this this called intention or not? That’s why I escalated.
Kartik Kanwar
Well this should not happen. You should report such behaviour to RBI Ombudsman.
Jyoti soni
I am unable to fill in KYC, Which is still pending since many many days. Please advise.
Kartik Kanwar
You shall have to contact OneCard Customer Support.
Madhu
New account opening this onecarsd account
Thomas Anderson
There is a 100% fuel surcharge waived off on fuel purchases. NOT 1%.
Nirmala Patel
My one card app not open. And one card history not seen, customer care response very poor
Prince Vivek jain
Dear,
There is 100% Surcharge Waived off upto Rs 400 per month ( and surcharge rate is @1% on fuel)
PLUS
if your spend on Fuel in highest 2 categories out of 3 or more. You will be rewarded for 5x RP I e. 1% cash back on Fuel.
Suppose you spend you spend Rs.40000 in a calender month.
You will get Refund of Rs.400 as SURCHARGE WAIVER and additionally Rs. 400 as 5x Rewards programme Benefit
Kartik Kanwar
There is a fuel surcharge waiver up to Rs. 400 per month.
Aneel Kulkarnii
I am unable to fill in KYC, Which is still pending since many many days. Please advise.
Kartik Kanwar
You can click on the Apply now button and try again.
Debasis Patra
Airport lounge access facility is there in metal on card?
Sk
Help one card apply problem video KYC
Kartik Kanwar
Many people are facing these issues. Nothing you can do, except retrying.
Kartik Kanwar
No.
Bharat Jaisingh
Mr Karthik, you meant one credit card of Visa signature issues by SIB is not acceptable at any airport lounge?
Kartik Kanwar
Yes. It has no lounge access.