Federal Bank is one of the major private sector banks in India that became the first Indian bank to computerize all its branches. With its international representative offices in Abu Dhabi, Oman, Kuwait, Dubai, and Qatar, the bank has more than 1,250 branches spread across different states in India. The Federal bank was founded in April 1931 under the Travancore Companies Regulation by the visionary banker, Late K.P. Hormis. It was first named Travancore Federal Bank Limited and the name was changed to Federal Bank Limited in December 1949. It finally became a scheduled commercial bank in 1970 under the Second Schedule of the Reserve Bank of India Act. The bank aims to become the most admired bank in the country that would be focused sharply on Small, Medium & Middle enterprises. The bank is listed in NSE, BSE, and London Stock Exchange, and provides a number of products & services, including phone banking, internet banking, credit cards & many more.
Amazon gift voucher worth Rs. 500.
3 Reward Points per Rs. 100 spent on electronics & apparel, 2 RPs per Rs. 100 spent on entertainment, and 1 RP per Rs. 100 spent on other categories.
Movies | Shopping |
Buy 1 Get 1 free offer on movie tickets, and up to 15% off on dining.
The earned Reward Points can be at Federal Rewards at a rate of 1 Reward Point = Re. 0.25.
See additional details for Federal Bank Visa Signet Credit Card
Amazon gift voucher worth Rs. 1,000
3 Reward Points per Rs. 100 spent on groceries & healthcare, 2 Reward Points per Rs. 100 spent on utility spends, and 1 Reward Point per Rs. 100 spent on other categories.
Movies | Travel | Shopping |
Buy 1 movie ticket and get 1 free on Inox, get up to 15% discount on dining through FedDelights Program.
The earned Reward Points can be redeemed at Federal Rewards at a rate of 1 Reward point = Re. 0.25.
See additional details for Federal Bank Visa Imperio Credit Card
Amazon gift voucher worth Rs. 2,000
3X Reward Points on travel & international spends, 2X Reward Points on dining spends, 1X rewards on all other categories
Movies | Travel |
But 1 Get 1 Free offer on movies & a discount of up to 15% on dining.
The reward points you earn can be redeemed at Federal Rewards at a rate of 1 Reward Point = Re. 0.25.
See additional details for Federal Bank Visa Celesta Credit Card
The Federal Bank recently started issuing 3 credit cards in partnership with Visa after RBI banned Mastercard against issuing new credit cards. Before that, the bank was issuing 3 cards (Federal Bank Mastercard Celesta Credit Card, Federal Bank Mastercard Imperio Credit Card, and Federal Bank Mastercard Signet Credit Card) with Mastercard. The credit cards issued by the Bank in partnership with Visa are:
Federal Bank Visa Celesta Credit Card is issued by the bank targeting high net worth individuals. This card comes with exclusive benefits over almost all the categories, including travel, dining, entertainment, reward offers, and many more. Moreover, with a very nominal joining fee, the card has all the advantages of a premium credit card that make it even more attractive. Some of the main features of this card include:
Federal Bank Visa Imperio Credit Card is also among the newly launched credit cards by the bank and targets family-oriented individuals. Keeping the requirements of its targeted audience in mind, the card provides all the exclusive benefits and reward offers that one can expect. From reward offers to shopping benefits to travel benefits, the card comes with exciting saving opportunities and offers. The key features of this card include:
The Federal Bank Visa Signet Credit Card targets young professionals and hence comes with the rewards and benefits suiting their requirements. It is a highly affordable credit card and has advantages over several categories, including shopping, travel, dining, entertainment, etc. Other than all the benefits, the card also allows you to save more and more through the fuel surcharge waiver & annual fee waiver provided with it. Following are some of the key features of the card:
|Credit Card||Annual Fee||Annual Fee Waiver Condition (spends within 12 months)|
|Federal Bank Visa Celesta Credit Card||Rs. 3,000||Rs. 3,00,000 or more|
|Federal Bank Visa Imperio Credit Card||Rs. 1,500||Rs. 1,50,000 or more|
|Federal Bank Visa Signet Credit Card||Rs. 750||Rs. 75,000 or more|
|Credit Card||Reward Points|
|Federal Bank Visa Celesta Credit Card||
|Federal Bank Visa Imperio Credit Card||
|Federal Bank Visa Signet Credit Card||
|Credit Card||Domestic Lounge Access||International Lounge Access|
|Federal Bank Visa Celesta Credit Card||4 every quarter||2 every year|
|Federal Bank Visa Imperio Credit Card||2 every quarter||NA|
|Federal Bank Visa Signet Credit Card||1 every quarter||NA|
|Credit Card||Interest Rate||Forex Markup Fee|
|Federal Bank Visa Celesta Credit Card||0.49% to 3.49% per month||2%|
|Federal Bank Visa Imperio Credit Card||0.49% to 3.49% per month||3.5%|
|Federal Bank Visa Signet Credit Card||0.49% to 3.49% per month||3.5%|
Other than the cards shown above, the Federal Bank also issues credit cards in partnership with SBI Card, which are: Federal Bank SBI Visa Platinum and Federal Bank Visa Gold ‘N More credit Card.
No, only the Federal Bank Celesta Credit Card provides complimentary international lounge access out of the three cards mentioned above. However, all of them provide domestic lounge access.
The Federal Bank Visa Celesta Credit Card comes with the lowest forex markup fee of 2% only.
The Federal Bank Imperio credit Card would be a great choice for you as it targets family oriented individuals.