1 OneCard Reward point is worth ₹0.10 in India.
₹0.10₹100 per 1,000 points, our house mark
held at ₹0.10 · re-marked 10 Jul
How we got this ₹ figure
₹0.10 is our HOUSE value for a point — what a disciplined traveller actually clears, not the best redemption we have ever seen (₹0.10, the ceiling) and not the worst you can always fall back on (₹0.10, the floor). It is the number every route on this page is priced with.
The mark has 2 dated points in data/valuation-history.yaml, each one pinned to a quantified event in the tracker — no interpolation. The last move was re-marked 10 Jul. How we value a point →
Which of my cards reach it? — 1 do
One card earns OneCard Reward Points outright. The figure is the reward rate — what ₹100 of ORDINARY spend earns back at our house ₹/point, before milestones, accelerators and the annual fee. How we compute it →
OneCard Metal0.2%OneCard (issued via partner banks)OneCard Metal's currency — a flat ₹0.10/point instant app cashback (5 points = 50 paise). No transfer partners, no travel portal premium; the value is fixed. You hold OneCard for the 1% forex, not this. Points don't expire while the card stays active.
OneCard Reward Points has held — we grade its nerf risk stable Last cut Dec-2023 devaluation (minor) — quiet 2.8y since How we grade it →
Expiry: never — official; points are credited instantly and never expire
No corridor on our board prices a seat in OneCard Reward Points against a published chart — every option that reaches it is dynamic, and an estimate is not a seat. the 2,196 corridors that DO have a verified price →
What a point has been worth
Derived only from quantified, dated events in the tracker — no interpolation, no vibes.
- 10 Jul 2026 ₹0.10 current house value
- 1 Jan 2020 ₹0.10 program launch / coverage start — no recorded movement while indexed
The nerf log
Full tracker →Every tracked event that touches OneCard Reward Points.
- 29 Jul 2026IDFC FIRST quietly exits OneCard's partner-bank rostergetonecard.app's footer listed 7 issuing banks including IDFC Bank (still present in the 24-Jul-2026 archive snapshot) → Footer lists 6 — BOBCARD, CSB, Federal, SBM, South Indian, Indian; IDFC FIRST migrates its OneCard holders to its own FIRST Wealth / FIRST Select cards
Our T&C watchdog caught getonecard.app's partner-bank footer shrinking from seven banks to six between 24 and 29 July 2026 (Wayback pins the six-bank footer live by 29 July, 04:04 UTC): IDFC Bank is gone, and IDFC FIRST's own site now carries 'OneCard replaced by FIRST Wealth Without Limit' migration pages. For holders whose OneCard was issued through IDFC, the card is being swapped for IDFC's in-house product — a different rewards system entirely; everyone else's issuer routing is untouched. With new issuance already RBI-frozen since December, the roster is shrinking while the front door stays shut.
- 6 Dec 2025RBI freezes new OneCard issuance across every partner bankOneCard issued to new applicants via the app, routed to any of 7 partner banks (Federal, BOBCARD, CSB, SBM, IDFC FIRST, Indian, South Indian) → RBI letters direct all partner banks to pause NEW OneCard onboarding while it examines FPL's data-sharing under the Mar-2024 co-branded-card rules; existing cards keep working
The RBI wrote to every bank issuing OneCard and told them to stop onboarding new customers, part of its enforcement of the March-2024 co-branded card rules that require banks — not fintech partners — to own and control customer data. Existing cardholders keep swiping, earning and redeeming as before; the freeze is at the front door. An April-2026 unified audit of FPL's partnership and data-sharing framework put a restart three to six months out, and as of late July 2026 no resumption has been reported — so the country's favourite lifetime-free metal card is, for now, a card you can hold but not get.
- 15 Dec 2023OneCard stops earning points on fuelFuel earned 1 point per ₹50 like any other spend → Zero points on fuel; the 1% surcharge waiver survives
OneCard joins the industry pile-on: from 15 December 2023, fuel spends earn nothing, leaving only the 1% surcharge waiver. On a card that pays 0.2% base into ₹0.10 cashback points, the rupee loss is small — but it's one more excluded category on a rewards program that was already the thinnest excuse for holding the metal.
- 20 Feb 2022OneCard tolls app-routed rent and caps the fuel waiverNo OneCard fee on rent or wallet loads via third-party apps; uncapped fuel surcharge waiver → 1% fee on rent/wallet loads via Paytm, Cred, PhonePe and peers; fuel surcharge waiver capped at ₹400/month
The free metal card sprouts its first fees: routing rent or wallet loads through third-party apps now costs 1% on top of the apps' own charges (in-app rent payments carry a 1.5% convenience fee instead), and the fuel surcharge waiver gets a ₹400-a-month ceiling. Early proof that lifetime-free never means toll-free once the manufactured-spend crowd finds a card.
- 1 Jun 2020OneCard launches India's first mobile-first metal credit cardMetal cards were a super-premium, high-fee privilege → Lifetime-free Visa Signature metal via partner banks, app-first controls, 1 point per ₹50
Pune's FPL Technologies shipped a lifetime-free metal Visa Signature in June 2020 and had 75,000 people on the waitlist within two months — proof that Indians would queue for the feel of a card. The metal was the product: 0.2% base rewards into ₹0.10 cashback points, no lounges, no partners. What endured was the 1% forex markup, still the cheapest on any free Indian card.
Straight answers
The questions people actually type about OneCard Reward Points — answered from the same data as everything above, with the same numbers.
What is 1 OneCard Reward point worth in INR?
Our desk marks OneCard Reward Points at ₹0.10 a point — so 1,000 points are worth ₹100 and 10,000 are worth ₹1,000. That is the number every route on this page is priced with. The ₹0.10 floor is the redemption you can always fall back on; the ₹0.10 ceiling is the best sweet spot we have actually verified. The mark is holding flat, last reviewed 10 Jul 2026. The valuation index prices it against every other program we cover.
Which Indian cards earn OneCard Reward Points?
1 Indian card earns OneCard Reward Points outright. Best-ranked earner: OneCard Metal, at 0.2% reward rate. The card list above names each of them with its rank, its ratio and what one of its points becomes here.
When did OneCard Reward Points last devalue?
15 Dec 2023 — OneCard stops earning points on fuel. We logged it Fuel earned 1 point per ₹50 like any other spend → Zero points on fuel; the 1% surcharge waiver survives. That is the newest cut on our record. The nerf log below carries 5 tracked events touching OneCard Reward Points, and the program grades stable on nerf risk.
Verified against OneCard (issued via partner banks)'s own documents on · our house ₹/point, ₹0.10 today
Not published , and we will not invent it: how long posting takes · its award terms — surcharges and the booking window.
Every document behind this page — 2 of them, each with the day we read it
- official OneCard's own site is where the shape of the mark comes from — no redemption fee, points issued instantly into the app and no expiry, and 5X only on the month's top two categories.
- community CardInsider's review (updated 30-Apr-2026) carries the number OneCard does not print in rupees — 1 point earned per ₹50, redeemed for app cashback at ₹0.10 a point.