Federal Bank Credit Cards

You can apply for a Federal Bank credit card conveniently online through MybankingTips or directly from the Federal Bank website. Here’s how:

To qualify for a Federal Bank credit card, applicants must meet these criteria:

• Age: Between 21 and 60 years.
• Employment Type: Available for salaried and self-employed individuals.
• Income Requirement: Varies based on the selected credit card.
• Credit Score: A 750+ credit score increases approval chances.

• Annual Fee: Varies by card type.
• Finance Charges:
• Premium Cards: 2.99% per month (35.88% per annum)
• Other Cards: 3.99% per month (47.88% per annum)
• Late Payment Charges:
• Up to ₹500 – No charges.
• Above ₹500 – 10% of the outstanding amount (maximum ₹1,350).

Activation is simple and can be done via multiple channels:

1. Via Net Banking:
• Log in to Federal Bank Net Banking.
• Select Credit Cards > Register Credit Card.
• Set a PIN using OTP verification.
2. Via Mobile Banking:
• Download the Federal Bank Mobile App.
• Select Set/Reset PIN and complete verification.

To redeem reward points earned on your Federal Bank credit card:

1. Log in to the Federal Bank Rewards Portal.
2. Browse through redemption options like gift vouchers, travel bookings, and merchandise.
3. Select your preferred option and complete the redemption.

To access your credit card details online:

• Visit the Federal Bank's official website.
• Click on Net Banking and select Credit Card Banking.
• Register using your credit card details.

• Late Payments – If you miss your due date.
• Cash Withdrawals – Interest is charged from the withdrawal date.
• Balance Carry Forward – If you don’t clear the full bill amount.

Federal Bank offers cardholders an interest-free period of up to 50 days, as long as the full outstanding balance is paid by the due date. This benefit allows users to avoid interest charges, making it easier to manage their payments effectively.

How to Redeem Federal Bank Credit Card Reward Points: Federal Bank credit cardholders can redeem reward points online or offline:

• Online Redemption:
• Log in to the Federal Bank credit card portal.
• Select ‘Redeem Reward Points’.
• Choose from available redemption options, such as vouchers or statement credit.
• Confirm and complete the redemption process.
• Offline Redemption:
• Call Federal Bank customer service to request point redemption.

To track your Federal Bank credit card application status:

• Visit the Federal Bank website and go to the ‘Track Application’ section.
• Enter your application reference number or mobile number.
• Click on ‘Submit’ to check the status. Alternatively, you can call Federal Bank’s customer service for updates.

Federal Bank allows balance transfers from other bank credit cards to a Federal Bank credit card at attractive interest rates.

• Benefits of balance transfer:
• Lower interest rates compared to regular credit card interest.
• Flexible repayment tenure.
• Helps consolidate outstanding credit card debt.
• How to apply for a balance transfer:
• Contact Federal Bank customer service or visit a branch.
• Provide details of the existing credit card debt.
• Complete the balance transfer request form and submit the required documents.
• The balance transfer amount will be credited to your Federal Bank credit card.

For assistance or any issue with your credit card, contact Federal Bank’s customer care:

• Toll-Free Number: 1800-425-1199
• Email: creditcard@federalbank.co.in
• Website: www.federalbank.co.in