OneCard (issued via partner banks) devaluation history — every nerf and buff, dated.

getonecard.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.

OneCard 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.

Fuel 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.

No 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.

Metal 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.