Fees
Annual feeINR 0 (Lifetime Free - Limited Period Offer)
Joining feeINR 0 (Lifetime Free - Limited Period Offer)
Renewal feeINR 0 (Lifetime Free - Limited Period Offer)
Fee waiverLifetime free (limited period offer)
Spend waiverLifetime Free (limited period offer)
Interest rate1.99% - 3.75% p.m. (dynamic, linked to avg. savings balance)
Late paymentINR 0 (TAD ? INR 250); INR 250 (INR 251-INR 1,000); INR 500 (INR 1,001-INR 5,000); INR 1,000 (INR 5,001-INR 25,000); INR 1,250 (>INR 25,000)
Forex markup2%
Cash advance2.5% of amount withdrawn or INR 500, whichever is higher
Eligibility
Min income (salaried)INR 30,000/month (premium card, indicative)
Min income (self-emp.)INR 4 lakh/year (indicative)
Credit score700 or above (CIBIL) (Good to Excellent)
Age range21 to 60
Employment typeBoth
Resident typeIndian Resident & Non-Resident Indian (NRI)
Rewards & cashback
Accelerated rateYes - 3x on Travel & International; 2x on Dining
Cashback %NA (reward points, not direct cashback)
Redemption optionsFlights & Hotels (via Federal Rewards), Gift Vouchers, Merchandise, Statement Credit
Points expiry2 Years
Travel & lounge
Domestic lounge2 visits/quarter (on spend of INR 60,000 in previous quarter)
International lounge2 visits/year (no spend criteria)
Lounge conditionsYes - domestic lounge access requires INR 60,000 quarterly spend
Insurance coverageYes
Hotel/flight offersVia Mastercard Offers & FedDelights dining program
ConciergeYes - via Mastercard concierge
Forex waiver1.5% - 2.0%
Lifestyle
Dining discountsYes - FedDelights program (up to 15% at partner restaurants)
Fuel surchargeYes - 1% surcharge waiver
OTT subscriptionsNo
E-commerce offersYes - Amazon Pay e-Voucher INR 2,000; Buy One Get One (BOGO) INOX movie ticket (monthly)
Credit limit & EMI
Default limitINR 75,000 - INR 1.5 lakh (indicative)
Max limitINR 5 - INR 10 lakh (subject to eligibility)
Cash withdrawal25% of credit limit
EMI conversionAt Purchase, Post-purchase
Min EMI amountINR 1,500 - INR 2,000 (indicative)
Balance transferYes
BT interest rate0.83% p.m. (9.99% per annum (p.a.))
Insurance & protection
Purchase protectionYes
Lost card liabilityYes - Zero liability if fraud reported within 3 working days
Digital & security
ContactlessYes
Virtual cardYes
App featuresReal-time Spend Alerts, Card Lock/Unlock, Set/Modify Limits, View Statements & Due Dates, Convert to Equated Monthly Instalment (EMI), Rewards Tracking & Redemption, Autopay Setup, Download Credit Card Statement, Raise Service Requests, Block Lost/Stolen Card, Virtual Card View, Add-on Card Management
Card controlsBlock/Unblock Card, Enable/Disable International Usage, Enable/Disable Online Transactions, Enable/Disable Contactless (Near-Field Communication (NFC)), Set Transaction Limits, Card PIN Reset
Fraud protectionReal-time Transaction Alerts, Tokenization (RBI Mandated), OTP for Online Transactions, Instant Card Block Option, Zero Liability Guarantee
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportYes - via Feddy