The Federal Bank Visa Signet Credit Card provides a range of travel, entertainment, and lifestyle benefits. Cardholders earn reward points on every transaction and can enjoy welcome perks like complimentary Amazon Pay e-vouchers. Keep reading to learn more about this card, including its features, fees, and charges.
The Federal Bank VISA Signet Credit Card is a lifestyle-focused card with no joining or annual fees, offering accelerated rewards on electronics, apparel, and entertainment. It also provides perks like domestic lounge access, dining offers, and a low interest rate, making it ideal for everyday spending.
Federal Bank Visa Signet Credit Card Rewards Program
Up to 3X Rewards Earn up to 3X rewards with the Federal Bank 3-2-1 structure:
Earn 3X reward points on electronics and apparel
Earn 2X reward points on entertainment
Earn 1X reward points on all other categories
Other Features and Benefits
Welcome Benefit
Get an Amazon Pay e-voucher worth Rs. 200 on spending a minimum of Rs. 3,000 within the first 30 days of card issuance.
Milestone Benefits
Receive complimentary Swiggy vouchers on spending Rs. 20,000 in a quarter.
Entertainment Benefits
Buy one INOX movie ticket and get another free, once every quarter.
Travel and Airport Lounge Access
Enjoy one complimentary domestic airport lounge visit every quarter on a minimum quarterly spend of Rs. 20,000.
Other Benefits
Annual fee waiver on spending Rs. 75,000 in a year
15% discount on dining under the FedDelights program
BOGO movie offers on INOX movies, once per quarter
Low Annual Percentage Rate
APR starts as low as 0.69% per month (equivalent to 8.28% p.a.)
Fees and Charges
Type of Charge
Fee
Annual fee
Nil (lifetime free)
Add-on credit card
Rs.100 per add-on card (Maximum of four cards)
Cash advance fee
2.5% of the amount that has been withdrawn or Rs.500 (whichever is higher)
Cash advance limit
10%
Late payment charges
Up to Rs.250 - Rs.0
Rs.251 to Rs.1,000 - Rs.250
Rs.1,001 to Rs.5,000 - Rs.500
Rs.5,001 to Rs.25,000 - Rs.1,000
Rs.25,001 and above - Rs.1,250
Note: Charges are applicable w.e.f. 20th August 2024
Returned cheque
2% of the cheque amount, subject to minimum of Rs.450
Outstation cheque processing fee
Cheque value up to Rs.5,000- Rs.25
Cheque value above Rs.5,000- Rs.50
Foreign currency mark-up fee
3.50%
Rewards redemption fee
Rs.99 per redemption request
Re-issue of credit card
Rs.200
Things to Know Before you apply
Get this card if:
You are looking for a credit card with lifestyle and entertainment benefits.
You want complimentary domestic airport lounge visits.
You frequently watch movies and want discounts or BOGO offers on INOX tickets.
You prefer a credit card with a low annual fee of Rs. 750.
You want to earn reward points on selected categories, even if not across all spends.
Eligibility Criteria
Age: 21 to 70 years
Occupation: Salaried or Self-employed
Credit Score: Should have a good credit history
Document Required For Federal Bank Visa Signet Credit Card
Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
Proof of Address: Aadhaar Card, Driver’s License, Passport
Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Federal Bank Visa Signet Credit Card Hilights
What do we like about this card?
Lifetime free or low annual fee card (Rs. 750)
Earn up to 3X rewards on selected categories (electronics, apparel, entertainment)
Welcome benefit: Amazon Pay e-voucher worth Rs. 200 on minimum spend of Rs. 3,000
Milestone benefit: Complimentary Swiggy vouchers on spending Rs. 20,000 in a quarter
Buy One Get One (BOGO) movie tickets at INOX, once per quarter
Complimentary domestic airport lounge access once per quarter on minimum spend
15% dining discount under the FedDelights program
Low Annual Percentage Rate (APR) starting at 0.69% per month (8.28% p.a.)
Pros
Low annual fee of Rs. 750.
Earn 3X reward points on electronics & apparel, 2X on entertainment, 1X on other categories.
Complimentary domestic airport lounge access once per quarter.
Buy One Get One (BOGO) movie tickets at INOX, once per quarter.
15% dining discount under the FedDelights program.
Cons
Reward points only on selected categories, not on all spends.
Complimentary lounge access limited to domestic airports and once per quarter.
BOGO movie offer applicable only once per quarter.
Federal Bank Credit Card Contact Details
Contact Address: Federal Bank Ltd. Federal Towers, Aluva, Ernakulam – 683101, Kerala, India
Simply SMS: Send "CREDITCARD" to 5676762 from your registered mobile number
Frequently Asked Questions
Everything you need to know about this credit card
You can use the BOGO offer once per quarter at INOX. The maximum discount is Rs. 100; if the ticket price exceeds this, the cardholder must pay the remaining amount.
Yes, a reward redemption fee of Rs. 99 per request is applicable.
A cash advance fee of 2.5% of the transaction amount is charged. It is recommended to avoid withdrawing cash as it incurs fees and may affect your credit score.
A forex mark-up fee of 3.5% of the transaction amount applies to international transactions.
Immediately contact Federal Bank customer care at 1800 425 1199 or 1800 420 1199 to block your card and request a reissue.
No, this card does not provide a fuel surcharge waiver.
How Can I Apply for a Credit Card Online?
✔Step 1: Enter your mobile number in the application form
✔Step 2: Provide your personal details
✔Step 3: Enter OTP to verify your mobile number
✔Step 4: Select the credit card
✔Step 5: Compare offers and apply for the best-suited credit card
Federal Bank
Airport Lounge Access
Entertainment
Reward Points
