First-year fee
Joining fee Nil
Annual fee
Annual fee Nil
What it gives back
1 reward point per ₹200 · everyday spends
How it compares
Compared with the cards we have read
Fees
Joining fee
Joining fee Nil
Annual fee
Annual fee Nil
Add-on card fee
Applicable Charges: ₹100 + GST per card; Up to 4 Add-On cards can be availed
Welcome offer
Welcome benefit
Amazon Pay e-Voucher worth ₹200 on minimum spend of ₹3,000 in first 30 days
Rewards
Reward rate
1 reward point per ₹200 · everyday spends1 reward point per ₹200 spent.
What one reward unit is worth
Each Federal Reward Point is valued at ₹0.25.
Statement-credit redemption
Redemption of Reward Points towards ‘Cash’ to the Card Account: 10 paise per point.
Card benefits
Domestic lounge access
Complimentary lounge access: Spend ₹20,000 or more in a quarter to enjoy 1 Domestic Lounge access in the next quarter.
Concierge
24*7 Concierge Services
Milestone benefits
Complimentary Swiggy vouchers on quarterly spend of ₹20,000.
Movie or entertainment ticket benefit
BOGO Offers (Buy One Get One) on INOX movie tickets, once a quarter.
Also included
Fuel surcharge waiver
Fuel surcharge waiver Benefits @1%.
Insurance benefit
Personal Accident insurance cover of ₹2 Lakhs.
Add-on card eligibility
Add-on Credit Card can be issued to Primary card holder’s family members, within the credit limits and liability of the primary card holder
Balance transfer terms
Balance transfer: transfer your existing other Bank Credit Card's outstanding balance to your Federal Bank Credit Card; available for Federal Bank Credit Card Customers based on eligibility.
Purchase to EMI conversion
You can convert your spends to flexible EMIs and repay in multiple tenures of your choice, either at the time of purchase or after the purchase.
Charges
Forex markup
3.5% on foreign currency transactions.
Cash advance fee
Cash advance fee 2.5% of amount withdrawn or ₹500, whichever is higher.
Interest on unpaid balance
Interest 45.00% a year (3.75% per month) when average monthly balance for the last quarter is less than ₹50,000.
Interest-free period
Up to 48 days
Late payment fee
Late payment fee by balance after due date: ₹0 on ₹0-250, ₹250 on ₹251-1,000, ₹500 on ₹1,001-5,000, ₹1,000 on ₹5,001-25,000, ₹1,250 on ₹25,001 and above.
Card replacement fee
₹200/
Reward redemption fee
₹99/- per redemption request
Wallet load charge
Wallet loading charges: With effect from 1 st May 2024, a fee of 1% of the transaction amount will be levied on wallet load transactions, along with the applicable taxes.
GST note
Goods & Service Tax (GST) will be applicable on all fees, interest and other charges at rates as notified by the Government of India from time to time.
Eligibility
Age the primary cardholder must be
Minimum 18 years for a Secured Federal Credit Card; minimum 21 years for an Unsecured Federal Credit Card
Eligibility
Applicants need to be an Indian resident or a Non-resident Indian (NRI)
Minimum age
Minimum age 18 years for a secured card, 21 years for an unsecured card
How we know - 4 documents from Federal Bank, checked 8 Nov 2026
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