M16S / South Indian Bank / South Indian SIB One Co-Branded Credit Card (SIB OneCard)
mid · cobrand, rewards, lifetime-free
South Indian SIB One Co-Branded Credit Card (SIB OneCard)
The South Indian SIB One Co-Branded Credit Card (SIB OneCard) charges no annual fee and no joining fee. Its base return is 0.2% (1 RP per Rs 50 (fractional points earned)). The forex markup is 1%. It lists no airport lounge access. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Free
- Fee waived at
- —
- Base return
- 0.2%
- Forex markup
- 1%
- Interest
- 3.75%a month
What changed on this card
- SIB OneCard stops reward points on bills and utilities, Sep 2026
From 15 September 2026 bills and utilities payments earn no reward points and do not count for 5X rewards. Source: South Indian Bank, southindianbank.bank.in, read 28 Oct 2026
- SIB OneCard sets 2% fee on rent and wallet transfers from Feb 2026
From 1 February 2026 rent payments on third-party apps carry a 2% transaction fee over the app's own convenience fee. Monthly transfers to wallets or bank accounts above Rs 10,000 carry a 2% fee on the full amount. The MITC does not state the earlier rate. Source: South Indian Bank, southindianbank.bank.in, read 28 Oct 2026
- SIB OneCard needs Rs 750 in each of 3 categories for 5X rewards, Jan 2025
From 6 January 2025 the 5X reward points on the top 2 spend categories of a month need a minimum spend of Rs 750 in each of the 3 categories used to qualify. The base earn stays 1 reward point per Rs 50. Source: South Indian Bank, southindianbank.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Free |
| Fee notes | Lifetime free. Replacement: 2nd plastic Rs 145, 3rd onward Rs 500, metal Rs 3,000. Add-on issuance Rs 3,000 per KFS. |
Rewards
| Reward currency | Reward Points |
|---|---|
| Base earn | 1 RP per Rs 50 (fractional points earned) |
| Base return | 0.2% |
| Point valueunverified | 1 RP = Rs 0.10 (aggregator figure; bank terms say the conversion rate may change without notice) |
| Accelerated earn | 5X RP on the top 2 spend categories of the month when spending in at least 3 categories; bonus credited on the 10th of the next month |
| Spends that earn nothing | Money transfers, rent, fuel, cash withdrawals, wallet loads and top-ups; referral points do not qualify for 5X. |
| Points expiry | No expiry; nullified if card unused for 365 days |
| Reward notes | base_return_pct = 1 RP / Rs 50 x Rs 0.10; about 1% on the 5X categories. No redemption fee. |
Travel and perks
| Domestic loungeunverified | None |
|---|---|
| International loungeunverified | None |
| Forex markup | 1% |
| Fuel surcharge waiver | 1% waiver, cap Rs 400 per calendar month |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | Nil up to Rs 250 outstanding; Rs 250 for Rs 251-1,000; Rs 500 for Rs 1,001-5,000; Rs 1,000 for Rs 5,001-25,000; Rs 1,250 above Rs 25,000 |
| Fine-print notes | Metal Visa Signature card, applied for and run in the OneCard app. KFS effective 15 Sep 2026: rent payments carry a 2% fee and wallet loads 2% (on cumulative Rs 10,000+ a month) from 1 Feb 2026; over-limit 2.5% min Rs 500 (only if enabled in app). Cancelling within 6 months of virtual card activation costs Rs 3,000 (metal) or Rs 500 (plastic). ATM cash withdrawal is described as currently unavailable. South Indian Bank also sells SIB SBI Platinum and SIB SimplySAVE SBI cards, which are issued by SBI Card and excluded here. |
Questions
- What is the annual fee of the South Indian SIB One Co-Branded Credit Card (SIB OneCard)?
- No annual fee.
- Does the South Indian SIB One Co-Branded Credit Card (SIB OneCard) give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the South Indian SIB One Co-Branded Credit Card (SIB OneCard)?
- 1% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the South Indian SIB One Co-Branded Credit Card (SIB OneCard)?
- Money transfers, rent, fuel, cash withdrawals, wallet loads and top-ups; referral points do not qualify for 5X.