OneCard Metal Credit Card
Fees
Free
Joining & annual
1st year freeReward Rate
1% cashback on your top 2 auto-detected spend categories; 0.25% on other spends
Welcome Bonus
Welcome gift benefit on card activation & setup
Lounge
4 Domestic/Qtr (Visa Signature)
Our Expert Take
The OneCard Metal Credit Card from Federal Bank offers Metal Card Experience & 5X Reward Categories with an annual fee of Lifetime Free (₹0).
Pros & Cons
Key Advantages
- 1% cashback on your top 2 spend categories, auto-detected by the app
- 4 domestic lounge visits/quarter via Visa Signature
- Reward points never expire once earned
- Fee waiver threshold (Lifetime free metal credit card)
Limitations
- Base reward rate outside top categories is a low 0.25%
- Lounge access reporting varies by source; confirm current terms with OneCard
- Only 2 spend categories qualify for the 1% rate at a time
Key Perks & Spending Milestones
Accelerated reward earn rate on rewards purchases
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Zero lost card liability protection
Spend milestone
Lifetime free metal credit card
Fees & Charges
Joining fee
Free
Annual fee
Free 1st year free
Lifetime free metal credit card
Interest rate
3.5% per month (42% per annum)
Late payment fee
- Up to ₹500
- Nil
- ₹501 to ₹1,000
- ₹500
- ₹1,001 to ₹5,000
- ₹600
- ₹5,001 to ₹10,000
- ₹750
- ₹10,001 to ₹25,000
- ₹900
- ₹25,001 to ₹50,000
- ₹1,100
- Above ₹50,000
- ₹1,300
Insurance & Protection Benefits
air accident cover
Up to ₹50 Lakh
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹25,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 65 years
Credit score & income
Good (730+)
Compare OneCard Metal Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| OneCard Metal Credit Card This Card | Free | 1% cashback on your top 2 auto-detected spend categories; 0.25% on... | 4 Domestic/Qtr (Visa Signature) | 4.6/5 |
| Tata Neu Infinity SBI Card | ₹1,499 + Taxes | 5% NeuCoins on Tata Neu App/Website + partner brands, up to 10% on... | 2 Domestic/Qtr (₹75K Spend) + 4 Int'l/yr | 4.7/5 |
| American Express Membership Rewards® Credit Card | ₹1,000 + Taxes | 1 Membership Rewards Point per ₹50 spent (excl. fuel, utility,... | No Lounge Access | 4.6/5 |
| IDFC FIRST Business Multiplier Credit Card | ₹2,999 + Taxes | 10 Reward Points per ₹200 spent, up to ₹1 Lakh monthly spend; 5... | 8/yr Domestic + International (₹20K Spend) | 4.6/5 |