Federal Scapia Co-branded Credit Card

Joining feeAnnual fee

₹0

Add-on card fee

Add-on card joining/annual fee: Nil.

Reward rate

10% reward on every eligible online and offline spend on VISA; 5% reward on all eligible UPI, online and offline spend of ₹500 or more on Rupay; 1 reward = 1 Scapia Coin.

What one reward unit is worth

1 reward = 1 Scapia Coin; 5 Scapia coins = ₹1; instant redemption on flights, hotels and buses on the Scapia app.

Domestic lounge access

Unlimited domestic lounge, complimentary dining, shopping or spa: unlock by spending ₹20,000 every preceding month

Minimum spend rules

5% reward on all eligible UPI, online and offline spend of ₹500 or more on Rupay.

Fuel surcharge waiver

1% fuel surcharge waiver for transactions up to ₹5000 (max waiver ₹500 per month)

Purchase to EMI conversion

Post Purchase EMI interest rate 14% to 20% p.a. for 3, 6, 9, 12, 15, 18, 21 and 24 months tenure; processing fee of ₹399 + GST for EMI conversion

Forex markup

0% on foreign currency transactions.0% (Nil)

Cash advance fee

2.5% of amount withdrawn or ₹500, whichever is higher.

Interest on unpaid balance

3.75% per month (45% p.a.) from date of transaction.

Interest-free period

Up to 48 days

Late payment fee

Nil below ₹100; ₹100 for ₹100 to ₹500; ₹500 for ₹501 to ₹5,000; ₹600 for ₹5,001 to ₹10,000; ₹750 for ₹10,001 to ₹25,000; ₹950 for ₹25,001 to ₹50,000; ₹1,000 above ₹50,000 (by statement balance)

Over-limit fee

Overlimit charges 2.5% of the overlimit amount subject to a minimum of ₹500/

Wallet load charge

Rent and Wallet load Spends on rent, wallet load will attract a convenience fee of 1% + applicable GST (max ₹3,000 per transaction)

Utility transaction fee

Utility Transaction Spends over ₹50,000 in a month will attract a convenience fee of 1% + applicable GST (max ₹3,000 per transaction)

Minimum amount due

13 Minimum Amount Due 5% of purchases (POS, E-com) + cash withdrawals subject to minimum of ₹200/ + 100% of EMIs due, charges, interest & fees.

Age the primary cardholder must be

21 to 65 years if salaried, 25 to 65 years if self employed (primary card holder)

Eligibility

Resident Indian citizen