OneCard Metal vs Scapia (Federal Bank) (2026)
Two lifetime-free forex cards: OneCard's 1% markup with zero lounges vs Scapia's 0% markup, unlimited domestic lounges and 2% coins — the free card that does more wins easily.
Head to head
| Metric | OneCard Metal | Scapia (Federal Bank) |
|---|---|---|
| Our rank | #56 | #24 |
| Annual fee | ₹0 + GST | ₹0 + GST |
| Fee waiver | None | None |
| Forex markup | 1% + GST | Nil — 0% markup (official KFS) |
| APR | Varies by issuing bank; OneCard app quotes a dynamic rate (~1.5%–3.5%/mo) set per issuer | 3.75%/mo (45%/yr), from date of transaction; same rate on cash advances (no interest-free period on cash) |
| Effective reward rate | 0.2% | 2.0% |
| Currency | OneCard Reward Points | Scapia Coins |
| House value | ₹0.10/pt | ₹0.20/pt |
| Welcome benefit | None — lifetime free with no joining bonus; the 1% forex is the pitch | None — lifetime free with no joining bonus; the 0% forex is the pitch |
| Lounge doors opened | 0 of 644 | 72 of 644 |
| Income — salaried | not published | not published |
| Income — self-employed | not published | not published |
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Net annual value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. Tune it to your own spend in the calculator.
Scapia (Federal Bank) out-earns OneCard Metal at every spend level we model, from ₹25k to ₹5L a month.
Transfer reach
Full route maps on each card page, best ₹/point routes on the optimizer →
The call
For the ₹1L/month spender, Scapia (Federal Bank) nets ₹26,400 against ₹3,840 — a ₹22,560 gap. At ₹5L/month, Scapia (Federal Bank) nets ₹1,32,000 against ₹19,200 — a ₹1,12,800 gap. Lounge chasers: Scapia (Federal Bank) opens 72 of 644 tracked doors to OneCard Metal's 0.
Our standing verdicts: OneCard Metal — Keep; Scapia (Federal Bank) — Keep. On our board, Scapia (Federal Bank) sits at #24 to OneCard Metal's #56 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →