By Ankur Mittal
Updated On October 20, 2021

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.

Welcome Benefits

Amazon gift voucher worth Rs. 500.

Rewards Rate

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.

Best Suited For

Movies | Shopping |

Movie & Dining

Buy 1 Get 1 free offer on movie tickets, and up to 15% off on dining.

Reward Redemption

The earned Reward Points can be at Federal Rewards at a rate of 1 Reward Point = Re. 0.25.

Joining Fees

Rs. 750

Product Details

  • You get 3X Reward Points on your spends on electronics and apparel using your Federal Bank Visa Signet Credit Card.
  • You get 2X Reward Points on your spends on entertainment categories and 1X Reward Points elsewhere.
  • Welcome gift voucher worth Rs. 500.
  • Get Buy 1 Get 1 Free offer on movie tickets on Inox.
  • Complimentary domestic lounge access.
  • 1% fuel surcharge waiver.
  • Complimentary Swiggy vouchers every quarter on the basis of quarterly spends.
  • Spend-based annual fee waiver.

See additional details for Federal Bank Visa Signet Credit Card

Welcome Benefits

Amazon gift voucher worth Rs. 1,000

Rewards Rate

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.

Best Suited For

Movies | Travel | Shopping |

Movie & Dining

Buy 1 movie ticket and get 1 free on Inox, get up to 15% discount on dining through FedDelights Program.

Reward Redemption

The earned Reward Points can be redeemed at Federal Rewards at a rate of 1 Reward point = Re. 0.25.

Joining Fees

Rs. 1,500

Product Details

  • Get 3X Reward points on groceries and healthcare-related spends with your Federal Bank Visa Imperio Credit Card.
  • 2X Reward Points on utility spends and 1X Reward Points on all other spends.
  • Welcome benefit worth Rs. 1,000.
  • Buy 1 Get 1 free offer on movie tickets on Inox.
  • Complimentary domestic airport lounge access.
  • Up to 15% off on dining through FedDelights.
  • Complimentary gift vouchers based on quarterly spends.
  • 1% fuel surcharge waiver.
  • Spend-based annual fee waiver.

See additional details for Federal Bank Visa Imperio Credit Card

Welcome Benefits

Amazon gift voucher worth Rs. 2,000

Rewards Rate

3X Reward Points on travel & international spends, 2X Reward Points on dining spends, 1X rewards on all other categories

Best Suited For

Movies | Travel |

Movie & Dining

But 1 Get 1 Free offer on movies & a discount of up to 15% on dining.

Reward Redemption

The reward points you earn can be redeemed at Federal Rewards at a rate of 1 Reward Point = Re. 0.25.

Joining Fees

Rs. 3,000

Product Details

  • Get 3X Reward Points on travel and international categories.
  • 2X Reward Points on dining using your Federal Bank Visa Celesta Credit Card.
  • 1X Reward Points on all other categories.
  • Welcome gift of amazon voucher worth Rs. 2,000.
  • Buy 1 Get 1 Free offer on movie tickets on INOX once every month.
  • A discount of up to 15% on dining.
  • 1% fuel surcharge waiver.
  • Low forex markup fee.
  • 4 complimentary domestic lounge access every quarter.
  • 2 complimentary international lounge access every year.

See additional details for Federal Bank Visa Celesta Credit Card

Top Federal Bank Credit Cards

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

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:

  • Amazon gift voucher worth Rs. 2,000 as a welcome benefit.
  • Up to 3 Reward Points on every Rs. 100 you spend.
  • Buy 1 Get 1 Free offer on movie tickets every month.
  • Complimentary domestic and international airport lounge access.
  • Lowest forex markup fee of 2% only.

Federal Bank Visa Imperio Credit Card

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:

  • Amazon Gift voucher worth Rs. 1,000 as a welcome benefit.
  • Up to 3 Reward Points on every Rs. 100 you spend.
  • Buy 1 get 1 free offer on movies once every quarter.
  • Complimentary domestic lounge access.
  • Up to 15% discount on dining.

Federal Bank Visa Signet Credit Card

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:

  • Amazon gift voucher worth Rs. 500 as a welcome gift.
  • Up to 3 Reward Points on every Rs. 100 spent using the card.
  • Buy 1 Get 1 Free offer on movie tickets once every quarter.
  • Complimentary domestic lounge access.
  • A discount of up to 15% on dining.

Annual Fee of Federal Bank Credit Cards

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

Reward Points

Credit Card Reward Points
Federal Bank Visa Celesta Credit Card
  • 3 Reward Points on every Rs. 100 spent on international and travel categories
  • 2 Reward Points on every Rs. 100 spent on dining
  • 1 Reward Point on every Rs. 100 spent elsewhere.
Federal Bank Visa Imperio Credit Card
  • 3 Reward Points on every Rs. 100 spent on groceries and health care
  • 2 Reward Points on every Rs. 100 spent on utility bills
  • 1 Reward Point on every Rs. 100 spent elsewhere.
Federal Bank Visa Signet Credit Card
  • 3 Reward Points on every Rs. 100 spent on electronics and apparel
  • 2 Reward Points on every Rs. 100 spent on entertainment
  • 1 Reward Point on every Rs. 100 spent elsewhere.

Airport Lounge Access Provided by Federal Bank Credit Cards

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

Other Fees & Charges

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.

FAQs:

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.

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