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FPL Technologies / Federal Bank (OneCard)

OneCard (Federal Bank)

Visa

OneCard (Federal Bank)

OneCard was the card that popularized the numberless-metal, app-only credit card in India, and its Federal Bank variant remains a strong lifetime-free option for people who want a genuinely modern app experience over a traditional bank's clunky net banking portal. It auto-detects your top spend category each month and rewards it at 5X, which suits people with variable spending patterns better than a card with fixed bonus categories.

Rates and fees last verified 15 July 2026 · No bank pays us to rank higher.

Annual fee

₹0

Joining fee

₹0

Reward type

points

Base reward rate

1%

Card network

Visa

Card tier

Mid

Who this card fits

Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in online shopping, dining. It's a lifetime-free card with no fee to track.

Benefits by category

  • 🍽️ Dining & food delivery

    5% reward rate

  • 🛍️ Shopping

    5% reward rate

  • 🌍 Forex / international spend

    2% forex markup on international transactions

Eligibility

  • Minimum credit score: 700
  • Employment: salaried, self-employed
  • Age: 2160

Benefits

  • 5X rewards on the top spending category each billing cycle, auto-detected by the app rather than fixed by the issuer
  • Fully numberless metal card controlled entirely through the OneCard app — freeze/unfreeze, spend limits and virtual card generation in-app, no physical CVV/number printed on the card
  • Instant digital card issuance and usable virtual card within minutes of approval, physical metal card shipped separately

Pros

  • + Lifetime free — zero joining and annual fees for life
  • + 5X reward points on your single highest-spend category every month, chosen automatically
  • + Fully app-controlled: instant limit changes, freeze/unfreeze, and virtual card details, with no card number or CVV printed on the physical card
  • + Fast, largely digital approval and onboarding process

Cons

  • No airport lounge access or premium travel benefits
  • Reward point redemption catalog is narrower than large-bank programs
  • Only one dynamic 5X category per cycle; other spends earn a flat, modest rate
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