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Federal One Co-branded Credit Card
Federal Bank

Federal One Co-branded Credit Card

Checked against Federal Bank's 3 documents for this card on 02 Nov 2026
COFFER Safety Stars4 of 5See the five checks
Interest
0 of 1
Foreign spends
1 of 1
Spend fees
None1 of 1
Clarity
The bank's documents answer 9 of 9 cost questions1 of 1
Fine print
No gaps found1 of 1

Rated 09 Nov 2026 after reading every document the bank publishes for this card. Not a recommendation. How we rate

Open to new applications · Earns points

First-year fee

₹0

Annual fee

₹0

What it gives back

5X rewards on Top 2 spend categories each month; fractional points on spends, no rounding off.

Read from 3 Federal Bank documents, last checked 8 Nov 2026.

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How it compares

Compared with the cards we have read

No annual fee: one of 130 cards that state none, out of the 448 open cards whose annual fee we have read.

1% forex markup: of the 480 other open cards whose forex markup we have read, 47 state a lower one, 6 state the same and 427 state a higher one.

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Fees

  • Joining feeAnnual fee

    ₹0

  • Add-on card fee

    ₹3000.

Rewards

  • Reward rate

    5X rewards on Top 2 spend categories each month; fractional points on spends, no rounding off.

  • Reward exclusions

    Reward Points will not be accrued on fuel transaction.

  • Statement-credit redemption

    Reward points can be accumulated and used to repay other purchases or redeemed for offers shown in the OneCard App.

  • Point expiry

    Once the Federal Bank One Co-Branded Credit Card account is closed, reward points not redeemed stand nullified.

Also included

  • Fuel surcharge waiver

    Fuel surcharge waiver of 1% of the transaction amount or the actual surcharge levied (excluding of GST), whichever is lower; capped at ₹400 per calendar month per account

Charges

  • Forex markup

    1% on foreign currency transactions.1% forex fee

  • Cash advance fee

    Cash Advance Fee/Cash withdrawal fee: NA.

  • Interest on unpaid balance

    3.75% per month (45% per annum)

  • Interest-free period

    Up to 48 days

  • Late payment fee

    ₹0 for ₹0 - 250; ₹250 for ₹251-1,000; ₹500 for ₹1,001-5,000; ₹1,000 for ₹5,001 - 25,000; ₹1,250 for ₹25,001 and above.

  • Minimum amount due

    Minimum Amount Due: When you get your Federal Bank One Co-Branded Credit Card statement, you can choose to pay the full amount (Total Amount Due) or pay just 5% of the Total Amount Due.

Eligibility

  • Eligibility

    Resident Indian over 18 years of age.

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How we know - 3 documents from Federal Bank, checked 8 Nov 2026

3 documents from Federal Bank, checked 8 Nov 2026.

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₹0 for life

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