OneCard adds 1% fee on third-party app loads — a 1% toll
OneCard now charges a 1% fee on rent or wallet loads via third-party apps like Paytm and Cred, and caps the fuel surcharge waiver at ₹400/month. This adds a new cost for cardholders who use these services.
OneCard has introduced a 1% fee on rent or wallet loads made through third-party apps like Paytm, Cred, and PhonePe. Additionally, the fuel surcharge waiver is now capped at ₹400 per month. This change affects cardholders who use these apps to load funds or pay rent. The 1% fee on third-party app loads is a new cost for cardholders, on top of any existing convenience fees charged by the apps themselves. For example, in-app rent payments already carry a 1.5% convenience fee. The fuel surcharge waiver cap of ₹400 per month may also impact cardholders who previously enjoyed unlimited waivers. Our take: OneCard holders should review their usage patterns and consider alternative loading methods or cards with more favorable fee structures. If you frequently load funds or pay rent through third-party apps, you may want to explore other options to minimize the impact of this new fee.