About Federal Bank Visa Signet Credit Card
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| Cash advance fee | 2.5% of the amount that has been withdrawn or Rs.500 (whichever is higher) |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 |
Apply for a Credit Card & Get Instant Approval
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
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
Federal Bank Visa Signet Credit Card Highlights
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.)
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.
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
- Helpline (24x7): 1800 420 1199 (Toll-Free) +91 484 263 0994 (For international users
- Simply SMS: Send "CREDITCARD" to 5676762 from your registered mobile number
Apply for a Credit Card & Get Instant Approval
Frequently Asked Questions
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.
