Federal Bank Add-On Credit Cards

Federal Bank, like many other banks and financial institutions, offers add-on credit cards that provide a simple way for families looking to manage their expenses together. These add-on cards allow family members to enjoy the benefits of credit cards while sharing the same credit limit as the primary holder. This setup makes budgeting and spending easier, helping you keep track of household expenses.

Having add-on credit cards comes with several advantages. Firstly, they enable family members to make purchases collaboratively while remaining within a shared credit limit. This helps in reducing the financial burden on the primary cardholder. Secondly, add-on cardholders can also enjoy discounts, Reward Points, and cashback offers similar to those available for primary cardholders. Finally, having an additional card can be a financial protection during emergencies, making sure that family members have access to credit when needed. In short, Federal Bank’s add-on credit cards help manage family finances and offer various attractive benefits.

Features of the Federal Bank Add-on Cards

Federal Bank add-on credit cards come with various features that make them appealing to families:

• Shared Credit Limit: The add-on card shares the credit limit of the primary card, making it easy to manage expenses within a set budget.
• Discounts and Offers: These cards typically come with various discounts on shopping, dining, online transactions, and travel bookings. Cardholders can benefit from exclusive deals that make their purchases more economical.
• Reward Points: Similar to primary cards, add-on credit cards often offer reward points for every transaction. These points can be redeemed for various products or services, adding value to your spending.
• Multiple Purchases: Family members can make purchases together; all transactions are consolidated under one account, simplifying tracking and management.
• Emergency Usage: Having an add-on card can come in handy during emergencies. Family members can use it when needed while keeping spending within the set budget.
• Online Access: Users of add-on cards can enjoy online access to their transactions, helping them track their spending in real-time.

Fees for Federal Bank Add-on Credit Cards

Categories	Fees
Issuance Fee	₹100 + GST
Interest	0.69% – 3.75%
Forex Markup Charges	3.5%
Cash Advance Fees	2.5% of the amount withdrawn or ₹500

Eligibility Criteria for Federal Bank Add-on Credit Cards

To apply for a Federal Bank add-on credit card, certain eligibility criteria need to be met:

• Age Requirements: The add-on cardholder must be above 18 years.
• Relationship with Primary Holder: The add-on card must be issued to a family member, such as a spouse, child, parent, or sibling.
• Primary Holder’s Good Credit Profile: The primary account holder must have a good credit history and a valid credit card account with Federal Bank.
• Income Documentation: Depending on the financial background, some banks may request proof of income from the primary cardholder.
• Documents: Necessary documents like identity proof, relationship proof, and income proof might be required.

Documents Required for Federal Bank Add-on Credit Cards

When applying for an add-on credit card, the following documents are generally needed:

• Identity Proof: A government-issued ID, such as Aadhaar Card, Passport, or Voter ID.
• Address Proof: Any valid document that proves residential address, such as utility bills, bank statements, or rental agreements.
• Relationship Proof: Documents that confirm the relationship with the primary cardholder (if not immediately recognizable from identity documents).
• Income Proof: For some applicants, proof of income like salary slips or bank statements may be required.

How to Apply for a Federal Bank Add-on Credit Card?

Applying for a Federal Bank add-on credit card can be done in a few simple steps:

• Visit the Federal Bank Website: Navigate to the Federal Bank website and locate the credit card section.
• Select Add-On Card: Find the add-on credit card option and click on it to view the different types available.
• Fill Out the Application Form: Provide your details, along with the primary cardholder’s information, in the online application form. You may also choose to apply via a physical form obtained at a Federal Bank branch.
• Submit Required Documents: Attach the necessary documents to support your application.
• Review & Submit the Application: Guarantee all the information is correct before submitting your application.
• Track Your Application: After submission, you can track your application status through the bank’s website or by contacting customer service.

Federal Bank Add-On Credit Cards PIN Generation

Upon receiving the add-on card, the cardholder will need to generate a Personal Identification Number (PIN) for secure transactions. This process usually includes:

• Online Generation: Users can log in to their internet banking account and follow the steps to generate a PIN.
• FedMobile App: Users can log in to the FedMobile app and navigate to the “Card Management” section, where they can select their add-on credit card and choose the option to “Set/Change PIN”.
• ATM Generation: Users can also visit any Federal Bank ATM, swipe their card, and follow the instructions to set a secure PIN.
• Security Measures: Make sure to choose a strong PIN that cannot be easily guessed and keep it confidential.

Best Federal Bank Add-On Credit Cards

Card	Fee Structure	Main Points
Federal Bank RuPay Signet Credit Card	Interest Rate: 0.69%-3.75% Forex Markup Fee: 3.5% Cash Advance Fee: 2.5% of the amount withdrawn or ₹500	3 RPs for every ₹200 spent on electronics & apparels 2 RPs for every ₹200 spent on entertainment 1 RP for every ₹200 spent on eligible categories
Federal Bank Imperio Credit Card	Interest Rate: 0.69%-3.75% Forex Markup Fee: 3.5% Cash Advance Fee: 2.5% of the amount withdrawn or ₹500	3 RPs for every ₹150 spent on groceries and health care 2 RPs for every ₹150 spent on utility bill payments 1 RP for every ₹150 spent on all eligible categories
Federal Bank Visa Celesta Credit Card	Interest Rate: 0.69%-3.75% Forex Markup Fee: 2% Cash Advance Fee: 2.5% of the amount withdrawn or ₹500	3 RPs for every ₹100 spent on travel and international spends 2 RPs for every ₹100 spent on dining 1 RP for every ₹100 spent elsewhere

Bottom Line

Federal Bank add-on credit cards are created for families who are looking to manage their expenses. These cards can improve how families shop together by offering a shared credit limit and special discounts. The add-on cards are designed to simplify tracking and consolidation of expenses. With shared limits, various rewards, and ease of usage, these cards can simplify managing expenses for family members. While they do come with certain fees, understanding the eligibility criteria, documentation, and application process can prepare you well for an easy application. Always remember to use your credit responsibly, keep track of your spending, and pay your dues on time to enjoy the full benefits of your add-on credit card without incurring unnecessary costs.