BOBCARD / Federal Bank / SBM Bank (multi-issuer)OneCard Credit Card

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BOBCARD / Federal Bank / SBM Bank (multi-issuer)

OneCard Credit Card

4.3

Lifetime free

How this card earns

Reward rates by category, with caps and an estimated yearly value.

Spend category	Reward rate	Monthly cap	Est. value/yr
Everything else 5X Reward Points on the cardholder's top two spend categories each month (auto-detected). Base earn = 1 RP per Rs.50 (0.2% at ~Rs.0.10/point); 5X => 5 RP per Rs.50 = ~1% value-back on the top-2 categories. 1 OneCard RP ~= Rs.0.10 per OneCard's own redemption examples. No category accelerator on offline spends beyond the top-2 logic.	1%	—	₹1,200
All other spends	0.2%	—	₹240

Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.

Joining feeLifetime free

Annual feeLifetime free

Annual fee waiverLifetime free - no joining or annual fee

Foreign currency markup1%

Finance charge (p.a.)45%

Lifetime free metal credit card with no joining or annual fee
5X reward points on your top two spend categories each month
Among the lowest forex markups in India at ~1%
Instant issuance/redemption of points via app; no redemption fee or minimum threshold
Full app-based card controls and real-time transaction notifications
Up to 48 days interest-free period