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SBM Onecard Credit Card
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
None.
Cashback Rate
The value of 1 reward point = INR 0.10 Paisa.
Users will get 2 reward points for every INR 100 spent on fuel, dining, and travel.
Dining+ Cashback Rate: 0.2%
Cardholders will get 1 reward point for every INR 100 spent on other purchases.
General Cashback Rate: 0.1%.
Cardholders will get 5x reward points on top two categories of spends such as travel, groceries, and entertainment.
Special Cashback Rate: 1%.
Movie Benefits
None.
Dining Benefits
Dining+ Cashback Rate: 0.2%
Other Benefits
Lifetime free card.
Shopping and dining offers from Onecard from time to time.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
None.
Cashback Rate
The value of 1 reward point = INR 0.10 Paisa.
Users will get 2 reward points for every INR 100 spent on fuel, dining, and travel.
Dining+ Cashback Rate: 0.2%
Cardholders will get 1 reward point for every INR 100 spent on other purchases.
General Cashback Rate: 0.1%.
Cardholders will get 5x reward points on top two categories of spends such as travel, groceries, and entertainment.
Special Cashback Rate: 1%.
Movie Benefits
None.
Dining Benefits
Dining+ Cashback Rate: 0.2%
Other Benefits
Lifetime free card.
Shopping and dining offers from Onecard from time to time.
Lounge Access
None.
Fees & Charges
Joining Fee
NIL
Annual Fee
Annual membership fee: NIL
Cash Advance Fee
Cash advance fee: 2.5% of the amount withdrawn.
Interest rate
Interest rate: 3.75% per month, 45% per annum.
Late Payment Fee
Late payment charges: Up to INR 1250
Foreign Currency Transactions Fee
Foreign currency markup fee: 1%
Other Fees
Fuel surcharge: 1%.
Fees & Charges
Joining Fee
NIL
Annual Fee
Annual membership fee: NIL
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest rate: 3.75% per month, 45% per annum.
Late Payment Fee
Late payment charges: Up to INR 1250
Foreign Currency Transactions Fee
Foreign currency markup fee: 1%
Other Fees
Fuel surcharge: 1%.
Special Features
5X reward on top 2 categories spent.
Eligibility Criteria
Users shall be required to create and maintain a fixed deposit of minimum Rupees Five Thousand only (₹5,000/-) or as decided by Bank through the OneCard Mobile Application (“OneCard App”).
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
1. Download the OneCard App: Download the app from the Google Play Store or Apple App Store.
2. Apply through the App: Open the app and follow the on-screen instructions to submit your application.
3. Complete Video KYC: Undergo a video KYC process to verify your identity.
4. Receive your Card: Once approved, you'll receive your virtual card instantly and your physical card will be delivered to your address.
Contact Details
Tel No: +91 22 4007 1500
Email : customercare@sbmbank.co.in
Account Opening and Procedure
The credit card gives a low general cashback rate of .2%. However, for top 2 categories, it provides a cashback rate of 1 %. The card offers limited-value add features
The credit card gives a low general cashback rate of .2%. However, for top 2 categories, it provides a cashback rate of 1 %. The card offers limited-value add features
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai