A travel card from Federal Bank on the Visa network, issued with Scapia. Lifetime free, zero forex markup, unlimited domestic lounge access on meeting a spend condition. Best for international travellers who want zero forex markup without paying a fee.
At a glance
| Joining fee | Nil |
|---|---|
| Annual fee | Lifetime free |
| Effective return | 3.0% |
| Forex markup | 0.00% |
| Lounge access | Unlimited domestic · 0 international |
| Minimum income | ₹3,00,000/yr |
| Minimum credit score | 730+ |
| Credsir rating | 3.9 / 5 |
Our verdict
On a ₹3 lakh overseas trip, zero forex markup saves about ₹12,400 against a standard 3.5% card — on a card that costs nothing to hold. Worth carrying purely as a travel card even if you never redeem a coin. If you want to check that saving against your own trip budget, the forex markup calculator does the arithmetic.
How we scored it
| Component | Score (out of 5) |
|---|---|
| Rewards | 3.0 |
| Fees | 5.0 |
| Perks | 4.4 |
| Accessibility | 4.0 |
| Credsir rating | 3.9 |
Rewards carry 40% of the weight, perks 25%, fees 20% and accessibility 15%. The score is computed from the fields above, not assigned.
What works, what does not
What works
- Zero forex markup on a lifetime-free card — almost unique in India.
- Unlimited domestic lounge access on meeting a modest monthly spend.
- No annual fee at any spend level.
What does not
- Rewards can only be redeemed for travel bookings inside the Scapia app.
- Coins expire, and the redemption catalogue is narrower than an airline programme.
- No fuel surcharge waiver.
The full cost
| Charge | Amount |
|---|---|
| Joining fee | Nil |
| Annual fee | Nil |
| GST on annual fee (18%) | Nil |
| Total annual cost | Nil |
| Fee waiver threshold | No waiver offered |
| Forex markup | 0.00% + GST on the markup |
| Fuel surcharge waiver | No |
| Finance charge if you revolve | Typically 3.5%/month — about 42% a year |
Updated 15 Aug 2026 · federalbank.co.in
The 18% GST on the annual fee is the number most comparisons quietly omit. A ₹2,500 card actually costs ₹2,950 a year. It does not bite here, because the card is lifetime free — but it is the reason a free card with a 3.0% return beats several fee-charging cards on net value.
Compare with
| Card | Rating | Effective return | Annual fee |
|---|---|---|---|
| Axis Bank Atlas Credit Card | 3.6 / 5 | 4.5% | ₹5,000 |
| HDFC Bank Regalia Gold Credit Card | 3.1 / 5 | 2.6% | ₹2,500 |
| HDFC Bank Infinia Credit Card (Metal) | 2.8 / 5 | 3.3% | ₹12,500 |
Effective reward rate is our own blended estimate for a typical spend mix — not the accelerated rate an issuer advertises on one category. Annual fees are shown before the 18% GST that is charged on top.
The other Federal Bank cards we review are listed on Federal Bank cards compared.
Eligibility
| Age | 21–60 years (typical) |
|---|---|
| Income | ₹3,00,000/yr |
| Credit score | 730+ |
| Documents | PAN, Aadhaar, income proof |
The 730+ requirement is above the level most issuers will consider, so it is worth checking where you stand before applying — a rejected application is a hard enquiry on your report. If you are short of the band, improving your credit score first costs nothing but time.
Welcome benefit
Scapia coins on first transaction.
Terms change without notice. Confirm the current figures with Federal Bank before you apply.
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