Federal Bank offers a diverse portfolio of credit cards in India, with several lifetime-free options like Celesta, Signet, and Scapia. As of 2026, the bank has over 2 million credit card customers, including a recent acquisition of 450,000 Indian credit cards from Standard Chartered.
| Option | Annual Cost / Fee (₹) | Key Benefit / Rate | Best For |
|---|---|---|---|
| Federal Bank Visa Celesta Credit Card | Lifetime Free | Lowest dynamic APR, 3-2-1 rewards, Amazon Pay e-Voucher worth ₹2,000, BOGO Offers on INOX movie tickets, Complimentary Lounge Access, FedDelights dining offers, 1% fuel surcharge waiver | Lifestyle, Entertainment, Travel |
| Federal Bank Mastercard Celesta Credit Card | Lifetime Free | Lowest dynamic APR, 3-2-1 rewards, Amazon Pay e-Voucher worth ₹2,000, BOGO Offers on INOX movie tickets, Complimentary Lounge Access | Lifestyle, Entertainment, Travel |
| Federal Bank Signet Credit Card | Lifetime Free | Lowest dynamic APR, 3-2-1 rewards, Complimentary Swiggy vouchers, Amazon Pay e-Vouchers, Fabulous dining offers, Complimentary Lounge Access | Young individuals, Gadgets, Apparel, Entertainment |
| Federal Bank Imperio Credit Card | Lifetime Free | General lifestyle benefits, rewards, cashback | General spending, Maximizing savings |
| Scapia Federal Bank Credit Card | Lifetime Free | Zero forex mark-up fee, up to 20% Scapia coins on travel bookings via Scapia app, unlimited domestic lounge access | Frequent international travelers |
| Federal Bank OneCard Credit Card | No Joining Fee, No Annual Fee (verify with lender) | Reward points on multiple categories, instant virtual card, EMI options | New to credit, Basic benefits |
| AmpliFi Fi-Federal Credit Card | No Joining Fee, No Annual Fee (verify with lender) | Shopping focused benefits (vouchers, rewards, discounts) | Shopping |
| MagniFi Fi-Federal Credit Card | No Joining Fee, No Annual Fee (verify with lender) | Shopping focused benefits (vouchers, rewards, discounts) | Shopping |
| Federal Bank Credit Card Balance Transfer | Zero processing fee | Transfer existing credit card debt to Federal Bank at no processing cost | Debt consolidation, Lowering interest burden |
| Federal Bank Cash Advance | 2.5% of transaction amount or ₹500, whichever is higher (as of 2026) | Instant cash access from ATM | Emergency cash needs (high cost) |
Many Federal Bank credit cards are lifetime free, helping users maximize savings by avoiding annual fees. The bank also offers co-branded cards through partnerships with platforms like Scapia and Fi.
Federal Bank Credit Card Fees & Charges
Federal Bank offers several lifetime-free credit cards, eliminating both joining and annual fees for many popular options like Scapia, Signet, and Celesta. However, other charges such as cash advance fees and interest rates apply, with the Annual Percentage Rate (APR) ranging from 8.28% to 45% annually, effective from January 10, 2026.
| Option | Upfront / Joining Cost (₹) | Ongoing / Annual Cost (₹) | Interest / Charges (APR) |
|---|---|---|---|
| Federal Bank Credit Cards (General) | Varies (some are lifetime free) | Varies (some are lifetime free) | 8.28% to 45% annually (effective from Jan 10, 2026) |
| Federal Bank Scapia Credit Card | Lifetime Free | Lifetime Free | Lower mark-up fee on international travel expenses |
| Federal Bank Signet Credit Card | Lifetime Free | Lifetime Free | Lowest dynamic APR (as of 2026) |
| Federal Bank Celesta Credit Card | Lifetime Free | Lifetime Free | Lowest dynamic APR (as of 2026) |
| Federal Bank Imperio Credit Card | Lifetime Free | Lifetime Free | Dynamic APR (as of 2026) |
| Cash Advance | Not applicable | Not applicable | 2.5% of transaction amount or ₹500 (whichever is higher) + high interest rate from date of withdrawal |
| Wallet Load Transactions | Not applicable | Not applicable | 1% of transaction amount + applicable taxes (effective from May 1, 2024) |
| Credit Card Balance Transfer | Zero processing fees | Not applicable | Around 0.83% per month |
| Fuel Surcharge Waiver (Visa Celesta) | Not applicable | Not applicable | 1% waiver of the fuel surcharge |
Understanding these charges is for managing your credit card expenses effectively and avoiding unexpected costs.
Federal Bank Credit Card Rewards & Features
Federal Bank credit cards offer a range of benefits across spending categories like travel, shopping, and dining. Many cards provide dynamic Annual Percentage Rates (APR) and reward programs to maximise savings for cardholders. The bank also offers co-branded cards with partners like Scapia, Onecard, and Fi.
- Dynamic APR: Federal Bank credit cards, including Visa Signet and Visa Celesta, feature a dynamic APR, which can be as low as 1.99% per month (23.88% p.a.) as of 2026. This rate adjusts based on the cardholder’s credit profile and repayment behaviour.
- 3-2-1 Rewards Program: Several Federal Bank credit cards offer a tiered 3-2-1 rewards structure. This typically means higher reward points for specific spending categories, such as 3x points on online spends, 2x points on specific categories, and 1x point on all other retail spends.
- Welcome Vouchers: New cardholders often receive welcome benefits. For example, the Visa Celesta Credit Card offers an Amazon Pay e-Voucher worth ₹2,000, while the Signet Credit Card provides complimentary Swiggy vouchers and Amazon Pay e-Vouchers.
- Movie Ticket Offers: The Visa Celesta Credit Card includes Buy One Get One (BOGO) offers on INOX movie tickets, allowing cardholders to save on entertainment expenses.
- Complimentary Lounge Access: Select Federal Bank credit cards, such as the Visa Celesta and Signet, provide complimentary lounge access at airports. This benefit the travel experience for frequent flyers.
- Dining Offers: Cardholders can access fabulous dining offers at partner hotels through the FedDelights program. This program provides discounts and special privileges at various restaurants.
- Fuel Surcharge Waiver: The Federal Bank Visa Celesta Credit Card offers a 1% waiver on fuel surcharges. This benefit helps reduce costs for vehicle owners on fuel purchases.
- Global Acceptance: Federal Bank credit cards are accepted globally at over 24 million outlets and at over 3 lakh outlets within India. This ensures convenience for both domestic and international transactions.
These features are designed to provide significant value-back and convenience to Federal Bank credit card users across various lifestyle and spending needs.
Federal Bank Credit Card Eligibility Criteria
Federal Bank sets specific eligibility criteria for its credit cards, with minimum age requirements of 18 years for secured cards and 21 years for unsecured cards. Applicants must be Indian residents or Non-Resident Indians (NRIs) and demonstrate a steady income source to qualify.
A good credit history is generally preferred for unsecured credit cards, while existing Federal Bank account holders may find the application process smoother. The bank also specifies a maximum age of 60 years for general applicants and 65 years for self-employed individuals.
| Criteria | Requirement |
|---|---|
| Age for Secured Credit Card | Minimum 18 years |
| Age for Unsecured Credit Card | Minimum 21 years |
| Age for Add-on Credit Card | Minimum 18 years |
| Maximum Age for Applicant | 60 years (for general applicants), 65 years (for self-employed) |
| Nationality | Indian Resident or Non-Resident Indian (NRI) |
| Income | Steady source of income; varies by card type and relationship with the bank |
| Credit History | Good credit history preferred for unsecured cards |
| Existing Bank Relationship | Holding accounts or deposits with Federal Bank may boost chances |
| Fixed Deposit for Secured Card | Minimum FD amount ₹25,000 & Minimum FD tenure 6 months |
| Identity Proof (Documents) | Aadhaar card, Driving Licence, PAN card, Passport, Voter ID |
| Address Proof (Documents) | Passport, Aadhaar card, Driving Licence, PAN card, Utility bill (not older than 3 months) |
| Income Proof (Documents) | Most recent Form 16, last 3 months’ pay slips, last 3 months’ bank statements |
Meeting these criteria is for a successful application, with specific documentation required to verify identity, address, and income.
How to Apply for Federal Bank Credit Card
Applying for a Federal Bank credit card involves a straightforward process, available both online and offline. Applicants must meet specific age and residency criteria, along with providing necessary documentation for income and identity verification.
Federal Bank offers various credit cards, including secured and unsecured options, each with slightly different eligibility requirements. The application process typically includes submitting an application form and supporting documents.
- Online Application: Visit the Federal Bank website and to the credit card section. Select your desired credit card and click “Apply Now” to fill out the online application form with personal and financial details.
- Offline Application: Visit your nearest Federal Bank branch with all required documents. You will need to fill out a physical application form at the branch.
- Age and Nationality: Applicants must be at least 18 years old for a secured card and 21 years for an unsecured card. Indian residents or Non-resident Indians (NRIs) are eligible.
- Income Proof: Salaried individuals need recent pay slips (not older than three months) and bank statements for the past three months. Self-employed individuals may require Income Tax login credentials.
- Address Proof: Acceptable documents include Passport, Aadhaar card, driving licence, PAN card, or a utility bill no older than three months.
- Identity Proof: Valid identity proofs include Aadhaar card, driving licence, PAN card, Passport, or Voter ID.
After submitting the application, Federal Bank will conduct a verification process based on the provided documents and internal eligibility criteria. This process ensures all regulatory guidelines are met before card issuance.
Federal Bank Vs. Other Top Credit Cards
Federal Bank offers competitive credit cards in India, with options like the Celesta providing lifetime free benefits and dynamic APRs. As of 2026, the Indian credit card market features over 100 million active cards, with major players like HDFC Bank and ICICI Bank offering diverse features.
| Parameter | Federal Bank Celesta | HDFC Bank Regalia | ICICI Bank Amazon Pay |
|---|---|---|---|
| Joining Fee | Lifetime Free | Varies by offer (verify with lender) | Varies by offer (verify with lender) |
| Annual Fee | Lifetime Free | Varies by offer (verify with lender) | Varies by offer (verify with lender) |
| Key Features | Lowest dynamic APR, 3-2-1 rewards, Amazon Pay e-Voucher worth ₹2,000, BOGO Offers on INOX movie tickets, Complimentary Lounge Access, FedDelights dining offers | Lifestyle credit card, rewards, lounge access, dining privileges | Cashback on online shopping, Amazon Prime benefits |
| Eligibility Age | Minimum 21 years (for unsecured cards) | Minimum 21 years (typically) | Minimum 21 years (typically) |
| Nationality | Indian resident or NRI | Indian resident or NRI | Indian resident or NRI |
| Cash Advance Limit | 25% of credit limit | Varies by card (typically 20-40%) | Varies by card (typically 20-40%) |
| Interest-Free Period | Up to 48 days | Up to 50 days (typically) | Up to 48 days (typically) |
| Typical Minimum Income (Unsecured) | ₹15,000–₹25,000 per month (as of 2026) | ₹25,000–₹50,000 per month (as of 2026) | ₹20,000–₹40,000 per month (as of 2026) |
While Federal Bank focuses on lifetime free options and dynamic APRs, other banks like HDFC and ICICI offer cards with strong reward programs and lifestyle benefits. Applicants should compare specific features and eligibility criteria directly with each lender.
Choosing the Right Federal Bank Credit Card
Selecting a Federal Bank credit card in 2026 involves matching card features to your spending habits and financial goals. Federal Bank offers various cards like Celesta, Signet, and Imperio, each with distinct benefits for travel, shopping, or dining.
Consider these factors to choose the most suitable Federal Bank credit card:
- Spending Patterns: If you frequently travel, cards like Celesta offer complimentary lounge access and travel benefits. For daily spending, Signet provides Swiggy and Amazon Pay e-vouchers.
- Reward Programs: Evaluate the 3-2-1 rewards structure across different cards. Some cards offer accelerated points on specific categories, maximizing your returns.
- Annual Fees: Several Federal Bank credit cards, including Scapia, Signet, and Celesta, are lifetime free, meaning no joining or annual fees. This reduces your overall cost of ownership.
- Interest Rates: As of 2026, the Annual Percentage Rate (APR) for cards like Visa Signet is 1.99% per month (23.88% p.a.). A lower APR is beneficial if you carry a balance.
- Eligibility Criteria: Secured cards require a minimum age of 18, while unsecured cards typically require a minimum age of 21, along with a good credit history and steady income.
- Co-branded Options: Federal Bank partners with platforms like Scapia, Onecard, and Fi for co-branded cards, offering tailored benefits for specific user bases.
Aligning your financial needs with the card’s features ensures you get the most value from your Federal Bank credit card.
RBI Guidelines for Credit Cards 2026
The Reserve Bank of India (RBI) issues full guidelines for credit card operations in India, ensuring consumer protection and fair practices. As of 2026, these regulations cover aspects from card issuance to billing and grievance redressal.
- Card Issuance: Banks and NBFCs must obtain explicit consent from customers before issuing a credit card. Unsolicited cards are prohibited, and any such issuance requires the issuer to pay a penalty.
- Billing and Statement: Credit card statements must be clear, transparent, and provided in a timely manner. Any changes to interest rates or charges must be communicated to the cardholder at least one month in advance.
- Interest Rates and Charges: Lenders must clearly disclose all fees, charges, and interest rates, including the Annual Percentage Rate (APR). Penal interest for late payments should be reasonable and disclosed upfront.
- Grievance Redressal: The RBI mandates a strong grievance redressal mechanism for credit card customers. Banks must address complaints within 30 days, and unresolved issues can be escalated to the RBI Ombudsman.
- Credit Limit and ments: Credit limits can only be increased with the explicit consent of the cardholder. Any pre-approved limit ments must also be accepted by the customer.
These guidelines aim to standardize practices and protect cardholders from unfair terms and hidden charges in the Indian credit card market.
Key Takeaways
- RBI regulations for 2026 mandate explicit customer consent for credit card issuance and limit ments.
- All credit card fees, charges, and interest rates, including APR, must be transparently disclosed to cardholders.
- Banks are required to resolve customer grievances within 30 days, with escalation options to the RBI Ombudsman.
Review the detailed terms and conditions of any Federal Bank credit card and confirm compliance with current RBI guidelines before applying.
Frequently Asked Questions (FAQs)
What are the eligibility criteria for a Federal Bank credit card in 2026?
To apply for an unsecured Federal Bank credit card in 2026, you generally need to be an Indian resident or NRI, at least 21 years old, and possess a good credit history. Federal Bank also considers your income stability and existing banking relationship when assessing your application.
Which are the top Federal Bank credit cards available in India?
Federal Bank offers several popular credit cards, including the Visa Celesta and Mastercard Celesta, known for dynamic APR, 3-2-1 rewards, and benefits like Amazon Pay e-Vouchers worth ₹2,000. The Signet Credit Card also provides similar rewards and complimentary Swiggy vouchers. These cards often include airport lounge access and dining offers.
What rewards and benefits do Federal Bank credit cards offer?
Federal Bank credit cards like Celesta and Signet provide a 3-2-1 rewards program, Amazon Pay e-Vouchers (e.g., ₹2,000 with Celesta), and complimentary Swiggy vouchers with Signet. Cardholders can also receive BOGO offers on INOX movie tickets, complimentary airport lounge access, and dining discounts through the FedDelights program.
What is the dynamic APR on Federal Bank credit cards?
Federal Bank credit cards feature a dynamic Annual Percentage Rate (APR), meaning the interest charges depend on your outstanding balance and your savings account balance from the previous quarter. Revised rates are applicable from January 10, 2026, so IT’s advisable to check the latest terms.
How can I apply for a Federal Bank credit card online?
You can apply for a Federal Bank credit card through their official website by completing a digital application process. The bank offers instant credit card approvals for eligible applicants. You will need to provide necessary documents for identity, address, and income verification.
What is the process for resolving billing disputes on a Federal Bank credit card?
If you disagree with charges on your Federal Bank credit card statement, you must contact their Customer Care at 1800 420 1199 / 1800 425 1199 or email creditcards@federal.bank.in within 30 days of receiving the statement. Failure to do so will result in acceptance of all charges. The bank’s complete postal address for written communication is also available on their website.
Did Federal Bank acquire credit card customers from another bank in 2026?
Yes, Federal Bank acquired a portfolio of 450,000 Indian credit cards from Standard Chartered Bank. This deal, expected to close by the end of 2026, significantly expands Federal Bank’s retail credit franchise, adding to its existing base of over 2 million credit card customers.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.