Unquestionably, a credit card is valuable, especially if you’re an adult who works. You can budget your monthly expenses with the assistance of your credit card. In addition, it will lend you money as a buddy if you run out of cash.
Frequently, those who occasionally offer benefits and freebies are well-wishers. For example, the OneCard app offers the same functions and issues you a metal credit card with no enrollment costs.
OneCard, which uses the Visa (Signature) network and runs on the IDFC bank infrastructure, was introduced by FPL Technologies.
This guide will assist you in locating the top 12 OneCard alternative so you can choose the one that best suits your needs.
Paytm’s Credit Card-
One of India’s first online payment apps, Paytm, gives its users access to credit with several benefits. Paytm offers credit cards from many companies, each of which has its discounts and perks.
A flat 1% reward is given on all purchases made with Paytm credit cards.
Key Elements:
- You can get incentives from it up to Rs 70,000, which includes your initial Paytm membership.
- It offers 3% cashback on Paytm travel, movies, and retail purchases.
- Any additional purchases made at millions of physical and online merchants are eligible for 1% Cashback.
- With a $1,000,000 cybercrime insurance cover, you can add an extra layer of protection to your Paytm credit card.
- Any payment between $500 and $3,000 is exempt from the 1% fuel surcharge.
- The cutting-edge capabilities of the Paytm app can be used to manage your Paytm credit card.
Slice-
Slice is a different app with features similar to those of OneCard. Slice has been on the market for some time. However, it has recently received positive attention due to compelling transaction offerings. For example, students can pay their bills with credit using an only available app.
Customers may pay in three installments without incurring any additional expenses. More than 1.2 billion people in the country use Slice, which provides a credit of about Rs. 10 lakhs.
Slice accepts users with or without a CIBIL score. Therefore, anyone older than 18 can readily apply and use its services.
Key Elements:
- Slice provides credit to you without any initiation or yearly fees.
- Slice provides a 3-month EMI with no fees for all transactions.
- Slice presents “money” to you. You will receive one “coin” for every one you spend, which you can subsequently exchange for cash.
UNI Card-
The UNI Pay 1/3rd card was launched by Uniorbit Technologies (UNI) in association with RBL Bank and Liquiloans. You also receive a virtual credit card as soon as you sign up for the program, which you can use until your physical card is delivered.
It differs from a typical credit card in that interest is not charged until the first billing cycle’s payment due date.
A Uni card also allows you to pay a third of the cost of party expenditures, clothing purchases, unexpected expenses, and debts.
So, you can easily pay your monthly payments in three equal payments spread out over three months without paying any extra money.
Key Elements:
- You won’t have to pay joining or yearly fees without a UNI card subscription.
- You have 30 days to finish your purchase and collect a 1% incentive in the form of cashback, but you can choose to do neither.
- If UNI charges fees without your permission, you will be given a complete refund.
Wizi-
Wizi offers its users a variety of credit cards from India’s biggest banks. Thanks to its user-friendly design, it helps with both getting a new credit card and keeping your current credit card active.
The Chennai-based start-up, Acsz Technologies, developed the AI-based credit card management solution. Wizi not only helps credit card users keep track of their spending but also provides a clear indication of whether a certain transaction would improve or harm their credit score.
Key Elements:
- For your payments, Wizi offers the quickest approval rate.
- You don’t need to fill out any papers to use the card. Everything is done online.
- No exclusions or conditions apply.
- Wizi has teamed up with several of India’s top banks to give its customers more choices and benefits.
Lazy pay-
You can get advance money when you need it with the excellent software Lazy Pay. The best way to pay for your online purchases is with lazy pay.
Using Lazy Pay, you can make an advance payment of up to 1,000,000 and repay the money within 15 days. One of the key advantages of the app is that you can instantly obtain a loan up to your credit limit of $10,000 or $20,000.
Only the interest on the amount you borrowed must be paid. This program is easier to use and more fun because it is easy to make payments.
Key Elements:
- This card seeks to serve everyone. It provides you with the quickest approval without any paperwork.
- You may borrow up to Rs. 5 lakh.
- Its subscription is free for a limited time.
- You receive benefits like welcome bonuses and rebates.
ICICI Amazon Pay Credit Card–
One of India’s most well-known credit cards is the Amazon Pay ICICI Card, which provides a flat 1% reward on all other payments and up to 5% cash back on purchases made through Amazon. The card, made in partnership with one of the biggest online stores, Amazon, quickly became popular in India, mostly because it had “No hidden costs.”
A partnership between ICICI Bank and Amazon Pay called the {{ICICI Bank Credit Card offers significant discounts and benefits. The number of problems that can be earned with this card is unlimited, and one reward point equals one rupee (100).
Key Elements
- One of the greatest credit cards for shopping, in my opinion.
- Every transaction receives 1% cashback from them.
- You will receive 5% cashback if you are an Amazon Prime member and make purchases on Amazon.
Bajaj FinServ Card-
The Bajaj FinServ Credit Card, also known as the “Bajaj FinServ EMI card,” is a special line of credit available through a card with a pre-approved amount of up to Rs. 4 lakhs.
You can buy anything with this credit line, including groceries and home appliances, offline and online. The card can also be used to make interest-free EMI purchases in partner stores.
Key Elements:
- Instant loans with lower interest rates are available.
- No fees for shopping.
- Fees are not charged for withdrawals made within 50 days.
- If you purchase from Bajaj linked stores, you will receive a 5% discount.
- A Peer Review
PostPe-
You can order any item using Post Pe, a Bharat Pe-owned buy now, pay later (BNPL) service and pay for it later.
You can apply for this service by downloading the Post Pe app on your mobile device. The application process is simple to use and intuitive. You have been given a virtual credit card with a limit of up to Rs. 10 lakhs that you can use to make transactions. In addition, you can keep tabs on your spending on the app itself.
Key Elements:
- The amount of money you can borrow, up to 10 lakhs, will depend on your CBIL rating.
- You won’t be charged anything if you use post pe for online or offline transactions.
- You can use convenient EMIs to repay the borrowed money.
- You will receive a personalized dashboard on the PostPe app where you can manage your PostPe profile and view your transactions.
Ola Cash Card-
The Ola Cash Card is a co-branded credit card best suited for commuters who frequently use Ola. The card doesn’t have an annual fee and offers an unlimited number of rewards on standard OLA trips, flights, and hotel bookings purchased through Cleartrip.
It also has other benefits. For example, you will get 7% cash back on all Ola trips, 10% cashback on hotel bookings, 5% on flights, and 1% cash back on all other transactions.
Key Elements:
- When you download the app, there are no costs.
- On OLA cab journeys, they give you 7% cashback points.
- At Indian petrol stations, 1% of the fuel surcharge is waived, up to a maximum of 100 every cycle.
RBL Bank’s VCard-
An excellent digital mobile solution that combines a credit card and a smartphone app is the RBL Bank vCard. With the vCard Mobile Platform, you can make payments to your bank account and do many financial transactions with businesses.
Converting credit card purchases into equal monthly installment payments is simple. The vCard gives you a lot of benefits when you shop and can be exchanged for any product in the RBL Bank store.
When you buy groceries, you also get extra reward points and rebates. For example, significant cashback is offered on milestone purchases, which can be transferred to gift certificates worth hundreds of rupees. There are also reductions on movie tickets and fuel surcharges.
Key Elements:
- For every 100 you spend, one reward point will be awarded.
- You will receive 4000 bonus points if you spend 1.2 lakhs per year.
- The RBL bank vCard is free for the first year; after that, a fee of 500 is applied to purchases above 1 lakh.
The Flipkart Credit Card from Axis Bank-
One of the biggest banks in India, Axis Bank, offers various credit and debit cards to meet the needs of its customers in retail, leisure, and transportation, among other industries.
The Axis Bank Flipkart credit card is a shopping credit card jointly provided by Axis Bank and Flipkart with a long list of benefits and features, such as rewards on purchases, access to airport lounges, and fuel advantages.
Key Elements:
- They provide cashback when customers shop on Flipkart and welcome freebies worth Rs. 3300.
- If you make purchases from Myntra or Flipkart, you will receive 5% cashback.
- With a Flipkart credit card, you can benefit from a free membership at Gaana.com.
Aspire-
Aspire offers one of the first digital credit cards in India and several other services to clients. The card can be used anywhere to make a quick purchase. Even better, you can divide your purchase into four interest-free payments.
You can view your credit limit by logging onto the app using a mobile device connected to UPI. A valid credit card and a CIBIL score are not required to utilize the app.
Key Elements:
- You have not assessed any fees in connection with a security deposit.
- Additionally, it offers a means of conducting international business.
- Some of these BNPL applications let you make purchases everywhere, while others only let you make purchases at affiliated businesses.
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FAQ – Top OneCard Competitors and Related Apps
1. What are OneCard competitors and related apps?
These are financial apps and services that offer features similar to OneCard, such as digital payments, expense tracking, budgeting, and credit card management.
2. Can you name some popular OneCard competitors?
Sure, some prominent competitors and related apps include CRED, Slice, Paytm First Credit Card, SBI Card, Zeta, Niyo, Kotak 811, Simpl, Capital Float, InstaCred, StashFin, and Amazon Pay ICICI Bank Credit Card.
3. How do I choose the right alternative to OneCard?
Consider factors like rewards, credit limits, annual fees, interest rates, user experience, security features, and available offers when comparing these apps.
4. Are these apps safe to use for financial transactions?
Most of these apps prioritize security with features like encryption, two-factor authentication, and secure payment gateways. However, it’s advisable to research their security measures before using them.
5. Do these alternatives offer similar features to OneCard?
Yes, many alternatives provide features like virtual credit cards, rewards programs, bill splitting, and spending insights. Compare features to find the ones that suit your needs.
6. Can I track my expenses and manage my finances with these apps?
Absolutely, these apps often include expense tracking, budgeting tools, and detailed transaction history to help you manage your finances effectively.
7. Which apps offer better rewards and cashback programs?
Apps like CRED, Slice, and some credit card offerings from established banks often provide attractive rewards, cashback, and discounts on various transactions.
8. Are there apps suitable for students and young professionals?
Yes, apps like Slice, Niyo, and Kotak 811 offer tailored services for students and young professionals, including easy credit access and financial management tools.
9. Can I get customer support for these apps?
Most of these apps offer customer support through various channels, such as in-app chat, email, or phone, to assist with queries and issues.
10. How do I apply for credit cards through these alternatives?
Applying for a credit card on these platforms typically involves providing necessary documents, meeting eligibility criteria, and going through a verification process within the app.
11. Do these apps cater to different financial needs?
Yes, these apps are designed for various financial needs, from credit card management and expense tracking to budgeting and contactless payments.