Federal Bank Credit Card

Features and Benefits of Federal Bank Credit Cards

Federal Bank Credit Cards offer a combination of convenience, flexibility, security, and rewards to enhance your everyday spending experience.

Key Features

These cards come with several digital and payment-related features designed to simplify card usage and management.

• Instant Virtual Card: Start using your card online immediately after approval without waiting for the physical card.
• EMI Conversion Facility: Convert eligible high-value purchases into convenient EMIs with flexible repayment tenures.
• Global Acceptance: Accepted at millions of merchant outlets worldwide through Visa, Mastercard, and RuPay networks.
• Digital Card Controls: Manage card limits, change PINs, enable or disable transactions, and monitor spending through digital banking platforms.
• Contactless Payments: Enjoy secure tap-and-pay transactions with tokenization support on compatible devices.

Additional Benefits

Cardholders can also enjoy a range of savings, security, and convenience benefits.

• Up to 48 Days Interest-Free Credit Period on eligible purchases.
• Fuel Surcharge Waiver at select fuel stations.
• Emergency Cash Withdrawal Facility through ATMs.
• Zero Lost Card Liability after promptly reporting a lost or stolen card.

Rewards, Offers, and Deals

Federal Bank Credit Cards provide attractive rewards and exclusive offers across various spending categories.

Welcome and Promotional Offers

New cardholders can earn additional rewards through introductory and targeted spending offers.

• Welcome Bonus Rewards: Earn bonus reward points on eligible first transactions.
• Additional Online Spend Rewards: Get extra reward points on qualifying online purchases.

Reward Programme Highlights

The reward structure is designed to maximize value across different spending categories.

• Higher Reward Points on travel and international transactions.
• Accelerated Rewards on dining, entertainment, electronics, and apparel purchases, depending on the card variant.
• Reward Points on all other eligible spends.
• Voucher and Travel Redemptions through the rewards platform.

  Additional Lifestyle Benefits, such as:  

• Shopping and food delivery vouchers  

• Buy-One-Get-One movie offers  

• Airport lounge access  

• Fuel surcharge waivers  

How to Earn and Redeem Rewards?

Cardholders can easily accumulate and redeem reward points for various benefits.

1. Choose a Suitable Card Variant based on your spending preferences.
2. Activate and Use the Virtual Card immediately after approval.
3. Meet Eligible Spend Requirements to unlock welcome and bonus rewards.
4. Track Reward Points through the rewards portal or mobile application.
5. Redeem Points for travel bookings, vouchers, and other lifestyle benefits.
6. Convert Large Purchases into EMIs for flexible repayment options.

Eligibility Criteria for Federal Bank Credit Cards

To apply for a Federal Bank Credit Card, applicants must meet certain age, residency, credit profile, and income-related requirements. 

Age Criteria 

• 18 years or above: Eligible for a secured Credit Card backed by a Fixed Deposit.  

• 21 years or above: Eligible for an unsecured Credit Card.  

Residency Requirements 

• Indian Residents can apply for both secured and unsecured Credit Cards.  

• Non-Resident Indians (NRIs) are also eligible, subject to applicable terms and conditions.  

Credit Profile 

• A good credit history improves the likelihood of approval.  

• Maintaining a healthy credit score can help in obtaining better credit card offers and limits.  

Employment and Income Requirements 

Applicants should have a stable source of income to demonstrate repayment capacity. 

• Salaried and self-employed individuals are eligible to apply.  

• Certain premium Credit Cards may require a minimum monthly income of Rs.30,000 or more.  

• Eligibility is assessed based on the applicant's overall financial profile and repayment ability. 

Documents Required for Federal Bank Credit Cards 

Applicants must provide valid identity, address, and income documents as part of the credit card application process. 

• Identity Proof: PAN Card, Aadhaar Card  

• Address Proof: Aadhaar Card, Passport, Driving Licence, or Voter ID  

• Income Proof:  

• Salaried applicants: Last 3 months' bank statements  

• Self-employed applicants: Latest Income Tax Return (ITR) 

Fees and Charges on Federal Bank Credit Cards

No joining fee or annual fee is required to be paid by the customers to apply for Federal Bank credit cards which are applicable for a limited period. The following are some of the other charges related to various credit cards offered Federal Bank:

How to Apply for a Federal Bank Credit Card

Here is the process to apply for a Federal Bank credit card online:

Step 1: Go to the credit card section of Federal Bank's official website.

Step 2: Review the various credit cards that are offered along with their features.

Step 3: Select the credit card you want to apply for and click the 'Apply Now' button.

Step 4: Enter your financial and personal information in the online application form.

Step 5: Upload the necessary paperwork including your identity, proof of income, bank statement, etc.

Step 6: Make sure that all the information on the application form is correct.

Step 7: Click on the 'Submit' button.

Step 8: You will receive an email or a confirmation message from the bank.

Step 9: If you are a new customer, you may have to provide a vKYC.

Step 10: Upon approval of the application, you will receive the physical credit card in a few days and the virtual credit card through FedMobile immediately.

List of Federal Bank Credit Cards

Federal Bank Visa Signet Credit Card

Key Highlights: The Federal Bank Visa Signet Credit Card offers a variety of benefits on entertainment, travel and shopping.

Annual Fee: Nil (via BankBazaar)

Features and Benefits:

• You get 3x reward points on electronics and apparel spends.
• You get 2x reward points when you spend on entertainment.
• You get one complimentary domestic lounge visit every quarter on minimal quarterly spend of Rs.20,000.
• You get Swiggy e-vouchers when you spend Rs.20,000 in one quarter.

Federal Bank Visa Celesta Credit Card

Key Highlights: This is a Federal Bank Visa Celesta Credit Card with which you can earn points on entertainment, travel, and lifestyle spends.

Annual Fee: Rs.3,000 (zero from 3 April 2023)

Features and Benefits:

• You get 2x reward points on dining spends.
• You earn 3x reward points on your travel spends.
• Avail 2 complimentary international lounge visits in one year.
• You get up to 15% discounts at partner hotels under the FedDelights programme.

Federal Bank Imperio Credit Card

Key Highlights: The Federal Bank Imperio Credit Card allows you to enjoy benefits on entertainment, travel and lifestyle. You will earn reward points every time you swipe the credit card.

Annual Fee: Rs.1,500 (zero from 3 April 2023)

Features and Benefits:

• You get an Amazon Pay e-voucher worth Rs.1,000 as a welcome gift.
• You get 3x reward points on your grocery spends.
• Get 3x reward points on health care spends.
• Spend more than Rs.1.5 lakh in a year, and the annual fee of Rs.1,500 will be waived off for the next year.
• You get two complimentary domestic lounge visit every quarter on minimal quarterly spend of Rs.40,000. 

Federal Bank SBI - VISA Gold and More Credit Card

Key Highlights: Curated for daily spends, this Federal Bank SBI - VISA Gold 'N More Credit Card offers a wide range of benefits and reward points on dining and shopping spends.

Joining Fee: Rs.499

Annual Fee: Rs.499

Features and Benefits:

• Get one reward point for every Rs.100 spent.
• Accelerated reward points on dining and shopping spends.
• 1% fuel surcharge waived at all petrol pumps.
• Get 2,000 reward points on spending Rs.2,000 within the first two months of card issuance.

Federal Bank SBI VISA Platinum Credit Card

Key Highlights: The Federal Bank SBI VISA Platinum Credit Card offering many benefits across various categories such as dining, shopping and travel.

Joining Fee: Rs.2,999

Annual Fee: Rs.2,999

Features and Benefits:

• A gift voucher worth Rs.3,000 from partner merchants as a joining gift.
• For every Rs.100 spent, get 2 reward points.
• Accelerated reward points of 5X on dining, departmental and international spends.
• 1% fuel surcharge waived off.
• Get 500 reward points on shopping for more than Rs.1,000 in a single transaction within one month.
• International lounge access offered.
• Golf course access given with the card.

Federal Bank Rewards

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