Onecard 5x rewards changes

Further restrictions:

We have updated the terms and conditions for the reward points on your Indian Bank One Credit Card. This will be implemented with effect from January 6th, 2025.

Key highlights :

- To be eligible for 5X rewards, you need to make a purchase in at least 3 categories. Further, a category wise spend of minimum Rs. 750 to unlock for 5X consideration

- Reward points can be earned in categories such as Education, Bills & Utilities, and Insurance, as defined by the Merchant Category Codes (MCCs) from our network partner or categorized by the bank.

For these categories, if eligible for 5X rewards, incremental rewards will only be offered subject to the total rewards under these categories not breach 25,000 points

- Merchant EMI will not be eligible for reward points

- Misuse of the reward program may lead to cancellation of reward points and any used reward points may be recovered by adding the corresponding amount to your outstanding balance and also reserves the right to reclassify the merchant category based on the transaction use case pertaining to the merchant


Regards,
Team Indian Bank One Credit Card