One Card Credit Card Apply | Lifetime Free Credit Card

 

Friends, in this concept, we will have a complete discussion about the One Card credit card This is such a credit card... I have attached the interface on the screen as well. Here, it is written in a big font that it charges neither joining fees nor annual fees and when we will redeem the reward points which we would have collected, then also, we won't need to pay any kind of charges. The company and the concepts on YouTube say that One Card credit card is a very fantastic credit card. This is such a credit card which can be taken by anyone, even if his CIBIL score is not that good. After taking this credit card, your CIBIL score can be improved a lot very quickly. We will see all of the facts in this concept that if we should take One Card credit card or not. We will compare each of the features in depth. I will show you the whole process of applying for this. Let me show you the whole process on the screen quickly as well. If someone wants to take One Card credit card, then we will see the whole process to apply for this. But we will see this process at the end of the concept. See, the process will take only 2 minutes. But before that, I would say that the features of the credit card we are going to take should be known to us that if those features are good or worthless. See, on its interface, it has a big advertisement where it is written that it is a metal credit card. This is a very good thing that we are not getting an ordinary card but a metal card which means the credit card given to us by One Card will be a bit heavy and be made of metal. Now, let's see its features. See, the first thing it says is that... Let me clarify something right from the start. Some concepts claim that you can get this credit card even with a bad CIBIL score. They suggest that using this credit card will gradually improve your CIBIL score. However, I want to make it clear upfront that this is just a misleading claim. None of the companies, NBFCs, banks or financial institutions will offer you a credit card for free, if your credit score is bad. Get a clear understanding of this thing from here only that this is said just to make us fool and it is not true that anyone can get it. If your CIBIL score is bad, any of the financial institutions will say that you will have to take this credit card against an FD. So, try to understand this simple logic, if I have lent some money to you... let's suppose, I have lent Rs. 10000 to you and you have not returned it to me, then would I lend money to you again? When even I am not lending money to you, then why these companies would do so? If someone has a bad credit score, then why they would issue a credit card to them So here, the first concept is that it says that if someone has a very good credit score, let's suppose, I am taking it as more than 750, then he will get this credit card unsecured. Unsecured means he won't need to open any FD and the company will give him the credit card directly and that credit card will be of metal. But if someone has a bad CIBIL score which means let's suppose, if someone has a CIBIL score of less than 700 or it is 650, if someone has a bad CIBIL score, then the first thing is that he won't get a credit card. from anywhere and if he visits the website of One Card credit card... Let me be clear-I will not be recommending this card. but still, if anyone wants to apply, then I will provide the link in the description box down below. Suppose, someone has a bad CIBIL score, then, in that case, the company asks him to open an FD and that is also of at least Rs. 5000. Against this FD only, the company will issue this One Card credit card to you. If someone opens an FD of Rs. 5000, then he will get a 100% limit which is a limit of Rs. 5000 and suppose that if you ask for the upper limit that to the maximum, how much amount of FD you can open, then it does not have any upper limit. And if someone opens a FD, then in that case, he won't get a metal credit card but a simple plastic credit card like a normal credit card issued by ICICI Bank or SBI. But this doesn't even matter. See, it has caused chaos that you will get a metal credit card, but what would I do with a metal credit card? No matter, if you give me a metal one or a plastic one, it doesn't matter. I mean, the whole advertisement is based on this thing only that the credit card is made of metal. So, what should I do? Am I supposed to lick the metal credit card? Rather if you say that the credit card is of gold or diamond, then I would say that this is very good. Now, no matter, if it is of plastic or metal, tell me the main thing that how much money I can save by using this credit card That is the main thing. Now, you will say that it is made of metal. The main advertisement is based on that thing only that the card is made of metal. The first thing is that you should keep this thing aside from your mind and then think about this credit card because this thing doesn't make any difference that if the card is made of metal or plastic. The thing which will matter is how much cashback I am getting which we will discuss further. Okay now, let's proceed further. You have got this thing. Another scenario is if someone with a bad CIBIL score opens an FD of Rs. 50,000 or more, and then applies for a One Card credit card against this FD. In this case, they will receive a metal credit card instead of a plastic one. So, you should know this point. Now, another question which comes up is that when you should open an FD. The first case will be that if you have a bad CIBIL score, then you will have to open an FD. The second case is that recently, this is active in 54 cities only which means that in India, there are only 54 cities, all of which are mentioned here and you can take a screenshot of this as well. This is active in these 54 cities only and there is an inside story that if you don't have a house in any of these cities, then in that case, even if your CIBIL score is 800, then also, you will have to take this credit card against an FD only. The reason behind this is that suppose, you had a good CIBIL score and you live in a small town and not in any of these cities. You have taken this credit card and you have used it with a limit of Rs. 50000 and now, you are not paying the bill. And suppose, they don't have any office in your town. Then, in that case, One Card says that they can't recover from that person who had made the default because they don't have any office in that town. That's why, as of now, they say that if they don't have an office at a place, then for that place, they will issue this credit card against an FD only. So that, if anyone makes a default tomorrow, then it will be very easy for them to recover the amount by deducting it from the FD. Another question which comes up is that if someone has opened an FD of Rs. 50000, then against that FD, he has got a limit of Rs. 50000. So, on that FD, how much rate of interest will I get from One Card? So, the answer to this is that One Card is a co-branded credit card. They don't issue credit cards on their own. They have tied up with 6 banks which are BOB, CSB, Federal Bank, Indian bank, SBM and South Indian bank. You can get a credit card from any of these banks. You might get a credit card with a tie-up with SBM bank or with South Indian Bank. So, whichever bank you get the credit card from, according to the rate of interest which that bank offers on FD, you will get that rate of interest on FD. So, these were all of the points. Is there anything left? Everything is covered. Now, let's come to another point. Let's discuss that quickly and then, we will see the cashback part. It says that suppose, by chance, you have taken this credit card and you have got it unsecured which means that you have got the metal credit card. Now, you say that the bank has given you the metal credit card which is the best thing according to them. However, if you request to stop the service within 6 months, the bank will charge a penalty of Rs. 3000 for closing the card within 6 months. Similarly, if your card is active and you are enjoying its benefits but lose it and request a new metal card, you will also be charged Rs. 3000. Another thing is that if you have a plastic card and you close it within 6 months, then you will be charged Rs. 145 and if you lose the plastic credit card and you want to have a new one, then also, you will be charged Rs. 145. Now, let's come to the main and the most important thing: how much cashback you will get. So far, everything we've discussed are the points the company is exaggerating about. In my opinion, all of those points are irrelevant Now, let's come to the main point which is the reward points where I can save some money because that is the only benefit of having this credit card. They say that if you spend Rs. 50 or let it be... If you spend Rs. 100, then you will get 2 reward points. After learning this, you will be shocked to know that the value of 1 reward point is only 10 paisa. That means, if I spend Rs. 100, then I will get a cashback of 20 paisa only. According to me, this is the worst cashback. Because on today's date, can you imagine 20 paisa which means that you will get only 0.20% as cashback? I would say that on today's date, even the worst of the worst credit cards also offer a cashback of 1%. And there are some credit cards like if you ask me the best credit card on today's date, then I would suggest the cashback credit card of SBI. Whenever you will make an online transaction, you will get a cashback of 5%. The only limitation it has is that you can earn a maximum cashback of Rs. 5000 in a month. When will you get a cashback of Rs. 5000? When you will spend Rs. 1 Lakh in a month, then 5% of that amount will be Rs. 5000 only. Not every person in India is spending Rs. 1 Lakh using a credit card. So, this is the best credit card. I will provide the link to this one in the description as well. It is a million times better than the One Card credit card. For the rest, it is your choice. I will provide the link for the One Card one as well. The person who chooses this and has more love towards metal can apply for this. But according to me, I didn't like this credit card much because it focuses much on one thing only which is that it is made of metal and is free for a lifetime. These are all of the things. Now, let's come to the cashback. I am getting a cashback of 0.2% only and there is another limitation of this one which is that if you spend on rent, fuel, transfer money to someone online, withdraw cash or deposit money to any digital wallet, then in any of these cases , you won't get a cashback. This is not something useless. Every credit card has this feature and this Term and Condition. Apart from this, it says that if you spend on 6-7 different categories in a month, forget about 6-7 categories, suppose, you have spent on 3 categories for example, let's suppose that you have spent Rs. 5000 on entertainment or at a place related to entertainment, Rs. 4000 on groceries and Rs. 2000 on clothes. So, the top two among these which are Rs 5000 and Rs 4000 because it won't come under the top two. On the top two categories, you will get 5X reward points. They have written 5X and people might think that how much more cashback they are getting. 5X is nothing much. Previously, we received a cashback of 0.2%. The new offer gives us 5 times more, totaling 1%. However, the presentation exaggerates the significance of this increase Now, the thing is that the categories on which you will spend in a month, on the top two categories among those, you will get a cashback of 1%. This means that their highest cashback offer is only 1% So, that is the thing. It has a drawback which is that suppose, you have spent on only two categories in a month, then you won't get any cashback of 1% but of 0.20% only. They mean that to qualify for the top two categories, you must spend in at least three categories. So, this is another drawback and very confusing, how you would define that you are spending on entertainment only and where you will calculate that? You just roughly assume that you will only get a cashback of 0.20% which means that if you spend in crores, then only, you will get a cashback in some thousands. So, this is a very low amount of cashback. They claim that the reward points you earn have no expiry date, meaning there is no upper limit or deadline for the reward you accumulate. it doesn't have any upper limit or expiry. So, the thing is how much amount of cashback I am getting, I can say that I have gathered a huge amount of cashback and I would ask you if those might expire. I mean if you are getting the point that you are getting almost nothing as cashback. This offer is good: you will get a 100% waiver on the fuel surcharge. For example, when you purchase petrol for Rs. 100 and pay with a credit card, some banks apply a 2% or 3% fuel surcharge. which means that if you purchase petrol for Rs. 100, Rs. 102 will be deducted from your credit card. However, with this offer, they will waive 100% of the surcharge. So, if you purchase petrol for Rs. 100, only Rs. 100 will be deducted from your credit card. And they have the option of contactless card payment. For the rest, some offers keep going on. Let me show you those for once. There's no problem at all. This one is a good thing which is offered by very few credit cards that if you make EMI for any product, then on that EMI also, you will get some cashback. Otherwise, few credit cards say that on an EMI, you won't get any cashback. Let me show you the offer segment once. I am opening the Google Chrome from here. You might see it from here only. Let me show you this thing. This is your One Card credit card. We have come to its interface which will look like this. If we visit this offer section, as it is shown here but there is a date written under every offer like this one is valid till 31st May, this one is valid till 30th April and this one is valid till 30th April. Now, what is written over here is that if it is BlinkIt, then you will be charged Rs.0 as delivery fees if you make the payment using One Card. In the same way, it is written in the food section that if you order from Zomato, then you will get a discount of 10% and this is valid till 30th April. So like this, there are a few different small offers. But if you notice carefully like it is shown here for Zomato, then in Zomato, a discount of 10-15% is always there if you visit the offer section. So, this is not something special as well, according to me. So, these were all of the things. If we see the main thing, then it is that this offers a cashback of 0.20% or if you talk about the top two categories, then it offers a cashback of 1%. The main thing is the cashback. Another main thing which they have added is that they offer metal credit cards and and there is a rumor in the market that everyone can get it. Everyone is not getting it. They are getting it against FDs only. If you are supposed to take a credit card against an FD, then you can get it from any bank like SBI, ICICI Bank, HDFC Bank or Axis Bank. Just name a bank. If you want it against an FD, then you can get it from any of the banks. So, this was the complete overview. And I would request one thing from you that see... Now, I am going to share the process with you on how you can apply for One Card, in case anyone still wants to get it. I would like to request that creating this detailed PPT required a lot of effort, and giving a genuine and honest review also takes considerable effort If you believe that we should continue making such detailed concepts, please like this concept, subscribe to the channel and leave a positive comment. Your support will motivate us to continue creating content like this. If I simply show you how to apply for the One Card credit card by clicking here and entering these details, we could easily make 10 concepts in a day and upload them to YouTube. These types of concepts also get views, so my earnings from YouTube would remain the same. However, creating such detailed content takes an entire day to make one PPT. I request your support in this endeavour. You only need to do three things, and they won't cost you anything. Like this concept, subscribe to this channel, and kindly leave a positive comment if you really like our work. Let's begin the process of applying for the One Card credit card from the comfort of your home. If you want to apply for One Card credit card, then I have provided the link to apply for this in the description box. As you will click on that link, you can see such kind of interface on your screen. At first, you will have to install the 'One Card: Metal Credit Card' application. After installing the application, you will have to open that. After that, on the next page, at first, you will need to enter your mobile number. After entering the mobile number, you will have to select the check box down below. After that, you will have to click on the 'Get OTP' option down below. After that, on the next page, an OTP will be sent to your mobile number for verification. You will simply need to enter that OTP here. After that, you will have to click on the 'Confirm' option down below. After that, on the next page, you will have to verify your Email ID. Whatever your Email ID is, simply, you just need to verify it. After proceeding to the next page, you will be asked to set your PIN So here, you will have to set a 4-digit PIN. When will you need this PIN? Suppose you have completed the entire application process and received the card So, to check your balance, outstanding balance, and reward points, you will need to log into this application repeatedly. The PIN you set here will now serve as your password. Whenever you log into the 'One Card: Metal Credit Card' application, this PIN will always be required. So, you will have to enter a 4-digit PIN. After that, you will have to click on the 'Confirm PIN' option down below. You will have to tick the check box down below, so that, your fingerprint will also get enabled. After that, you will have to click on the 'Confirm' option at the bottom. After that, on the next page, you will have to enter some of your basic details, like at first, it is asking that whoever is applying for this credit card, what his first name is. You will have to write the name as it is on your PAN card. So, you will have to enter the first name. In the same way, you will have to enter the last name as it is on your PAN card. For example, suppose, someone has the name Rahul Singh, he needs to enter Rahul as the first name and Singh as the last name. So, in the same way, after that, you will have to enter your date of birth down below. It is asking for your gender whether you are a male or a female. So, after entering all of these basic details, you will have to proceed to the next page. After that, on the next page, a small notification will pop up. You just need to click on the 'Got It' option. After that, the next page will display your address details. Sometimes, this information is auto-filled, and other times, you need to enter it manually. Ensure that the address matches the one you have. If you need to change it, you can do so. The address displayed might be auto-filled from your Aadhar card or require manual entry. Regardless, your address should be entered here. After that, simply, you need to click on the 'Confirm' option. After that, on the next page, you will be asked to enter your PAN card details, which means you will need to enter your PAN card number. Locate your PAN card to find the PAN number and enter it. Then you will also be asked to re-enter your PAN number below, so enter the same PAN number again. After entering the PAN number, you will simply have to click on the 'Confirm' option down below. After that, on the next page, it is requesting me to open an FD of at least Rs. 5000. Now, the same thing has come up that the city where I currently reside does not have an office for One Card credit card. In this case, I will have to open an FD. I can increase or decrease the FD amount. Like, if I want, then I can make it Rs. 50000 as well. You can open the FD with any amount of money whatever you want to. Remember, as I mentioned earlier, you will need to open an FD of at least Rs. 5000 After selecting the FD amount of your choice, you will need to click on the 'Confirm FD Amount' option below. After that, on the next page, for example, it also shows that if I had opened an FD of Rs. 5000, the amount would have grown to Rs. 5357 after one year with interest. This implies an interest rate of 6.50%. The rate of interest is subject to change. When you open an FD, the rate of interest may increase or decrease. These changes will be displayed to you. So, you don't need to do anything. You just need to proceed to the next page. After that, on the next page, it will ask to verify your account details So here, it is showing an option, 'UPI Quick Verify'. I will have to click on this option. After clicking on this option, on the next page, this kind of interface will be shown. Here, it is saying that at first, you will have to enter your bank account number. Then, you will have to re-enter your bank account number. After that, you will have to enter the IFSC code of your bank account. By this, Rs. 1 will be sent to your bank account for verification from their side. Soon after sending this Rs. 1, on the next page, they will show you that your bank account has been successfully verified. After verifying your bank account, on the next page, it is requesting you to initiate the FD amount of Rs. 5000 or Rs. 50000, whatever you want to. So that, they can get the money and after that, they can issue your credit card. After that, on the next page, Rs. 5000 will be deducted from your bank account and an FD of Rs. 5000 will get deposited to One Card credit card, on which, you will keep getting interest and against that, one credit card will get dispatched to your house. Within one week, you will receive that credit card along with the welcome kit. This was a simple process to apply for a One Card credit card. So, I have shared all of those things. For the rest, it's up to you to decide what you want to do." For a few people, it might be useful and for a few people, it might be worthless. I have shared my genuine feedback. I hope that you have found This concept is informative, please like this concept and leave a positive comment. As of now, this is the end of the concept. all.