OneCard (Indian Bank): fees and charges

• “Joining Fee for Primary or add-on Nil”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Schedule of Charges, 01.

• “Annual Membership fee for primary or Nil”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Schedule of Charges, 02.

• “Forex Markup fee 1% of the transaction amount”
• “A forex markup fee will also be levied in case of an Indian Rupee (INR) transaction done at a merchant or payment gateway that is based out of India.”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Transaction-based service charges.

• “Interest Rate 3.75% per month”
• “45% per annum”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Schedule of Charges, Interest Rate.

• “Up to 48 days”
• “Interest free period could range from 18 to 48 days.”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Interest-Free Period.

• “₹0 – 250 ₹0”
• “₹251-1000 ₹250”
• “₹1001-5000 ₹500”
• “₹5001 - 25000 ₹1000”
• “₹ 25001 and above ₹1250”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Schedule of Charges, Late Payment Charges.

• “5% of the outstanding amount or ₹100 (whichever is greater)”
• “Previous unpaid minimum amount dues, if any”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Minimum Amount Due.

• “2.5% of overlimit amount (Min”
• “₹500)”
• “will be charged every time the Cardmember breaches the assigned credit limit”
• “Transaction over limit will be allowed only if the Cardmember has enabled the overlimit”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Transaction-based service charges.

• “Rent Transaction fee”
• “2% of the transaction amount”
• “Third-party merchants”
• “over and above the convenience fee charged by these”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Transaction-based service charges.

• “2% of the transaction amount”
• “spends of ₹10,000 or more per month”
• “to wallets or bank accounts”
• “The fee is charged on the full amount.”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Transaction-based service charges.

• “1% of the transaction amount and”
• “capped till ₹400 per month”
• “lowest of 1% of the transaction amount or actual surcharge levied (excluding of GST)”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Transaction-based service charges.

• “First Plastic Card - Nil”
• “Second Plastic Card -₹145”
• “Third Plastic Card onwards - ₹500”
• “Metal Card- ₹3,000”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), Card Replacement Fee.

• “Currently, you will get 1 Reward Point on every purchase of Rs. 50.”
• “To qualify, you must make purchases across at least 3 categories in a month”
• “the top 2 categories would be eligible for 5X rewards”
• “minimum spend of Rs. 750 in each of the 3 categories”
• “credited to your points balance on the 10th”
• “Reward points do not expire and have lifetime validity”
• “not used for more than 365 days”

From Indian Bank One Co-Branded Credit Card Terms and Conditions (W.E.F.: 24th October, 2025), Reward Points, I. Earn Reward Points.

• “if you use 500 reward points, either Rs. 50 will”

From Understanding One Credit Card Benefits & Rewards Programme (OneCard blog) (Blog post dated September 22, 2021), How to redeem reward points (example).

• “Reward points can be earned in categories such as Education, Bills & Utilities”
• “Education, Bills & Utilities, and Insurance”
• “if eligible for 5X rewards, incremental rewards will only be offered subject to the total rewards under these categories not exceeding 25,000 points”

From Indian Bank One Co-Branded Credit Card Terms and Conditions (W.E.F.: 24th October, 2025), Reward Points, I. Earn Reward Points.

• “Reward points will not accrue for money transfers, rent payments, fuel purchases, cash withdrawals and digital wallet loading or top-up transactions”

From Indian Bank One Co-Branded Credit Card Terms and Conditions (W.E.F.: 24th October, 2025), Reward Points, I. Earn Reward Points.

• “will not be eligible for any rewards for any transactions made on the RuPay Virtual Card”

From Indian Bank One Co-Branded Credit Card MITC (W.E.F.: 27th August, 2026), RuPay Virtual Card.