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Is the OneCard Credit Card Worth It?

Enter what you spend where this card pays more, and the benefits you would use. See what it is worth to you in rupees, after its fee.

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OneCard Credit Card
OneCard Credit CardView card →
  • Shopping card
  • No annual fee
  • 0.2% base, up to 1% on online shopping
  • Pays in reward points
Good for
  • online shopping: 1% back
  • anyone who wants no annual fee, ever
  • spending abroad: 1% markup, most cards add 3.5%
Skip it if
  • most of your spending is fuel, utility bills, rent or wallet top-ups: those earn nothing on this card
  • you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
  • you spend a lot on government payments: the card's terms do not state a rate there, so we count nothing
  • you rarely spend on online shopping: the 1% rate applies only there, everything else earns 0.2%
  • you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward

Your spend a month, by kind

Terms on the normal rate: 1X reward points on all spends (1 pt per ₹50 = 0.2% eff at 10p/pt)

Also earns nothing on: Money transfers earn no reward points.

Total on the card: ₹0 a month

Abroad and benefits

Every rate on this card, and what your spend earns

Earns nothing onRentFuelCash withdrawalsWallet loadsUtility billsMoney transfers earn no reward points

Spend categoryRateMonthly capWhere it appliesYour spend earns
UPI payments (scan and pay)Earns nothing-a Visa or Mastercard card cannot pay by UPI-
Online shopping1%No capAll merchants in the categoryTerms: 5X on your top 2 categories (effective ~1%), since 2025 only with ₹750+ spent in each of 3+ categories a month; 5X in education and insurance stops at 25,000 points; bills and utilities earn nothing from 29 Aug 2026; 1X base on all-
Dining and food delivery0.2%No capThe card's normal rate-
Groceries0.2%No capThe card's normal rate-
Travel: flights, hotels, trains0.2%No capThe card's normal rate-
FuelEarns nothing-earns nothing on this card-
Bills and rechargesEarns nothing-earns nothing on this card-
RentEarns nothing-earns nothing on this card-
Insurance premiums0.2%No capThe card's normal rate-
School and college fees0.2%No capThe card's normal rate-
Wallet top-upsEarns nothing-earns nothing on this card-
Taxes and government paymentsNot stated-the card's terms state no rate here; many cards pay nothing on these-
Spend abroad or in a foreign currency0.2%No capThe card's normal rate-
Everything else0.2%No capThe card's normal rate-

Common Questions

When is a credit card worth its annual fee?

When the rewards you actually earn in a year are more than the fee plus 18% GST, or when you spend enough for the bank to waive the fee. This calculator works out both from the card's own published terms.

Why is GST added to the fee?

Card fees carry 18% GST, so a ₹1,000 fee costs ₹1,180. Where the bank already quotes the fee with GST, it is not added twice.

What does 'capped' mean?

Many cards limit the reward you can earn in a month in a category. Spending above the cap earns nothing extra, so the calculator stops counting there.

Is a lifetime free card always better?

Not always. A paid card with higher rewards can leave you with more once you spend enough. The break-even line shows the monthly spend where that starts.

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