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)
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 markup3.50%
Cash advance2.5% of amount withdrawn or INR 500, whichever is higher
Eligibility
Min income (salaried)INR 30,000/month (indicative)
Min income (self-emp.)INR 4 lakh/year (indicative)
Credit score700 or above (CIBIL)
Age range21 to 60
Employment typeBoth
Resident typeIndian Resident & Non-Resident Indian (NRI)
Rewards & cashback
Accelerated rateYes - 3x on Healthcare & Grocery; 2x on Utility
Redemption optionsFlights & Hotels (via Federal Rewards), Gift Vouchers, Merchandise
Points expiry2 Years
Travel & lounge
Domestic lounge2 visits/quarter on INR 40,000 prior-quarter spend
International lounge0 visits (no lounge benefit)
Lounge conditionsYes - domestic lounge on INR 50,000 quarterly spend
Insurance coverageNo
Hotel/flight offersVia Visa Offers
ConciergeNo
Forex waiver3.5% (Standard Rate - no waiver)
Lifestyle
Dining discountsYes - FedDelights program (up to 15% at partner restaurants)
Fuel surchargeYes - 1% surcharge waiver
OTT subscriptionsNo
E-commerce offersYes - Complimentary BigBasket vouchers on quarterly spend INR 50,000; Amazon Pay e-Voucher on new card
Credit limit & EMI
Default limitINR 25,000 - INR 75,000 (indicative)
Max limitINR 3 - INR 5 lakh
Cash withdrawal20% of credit limit
EMI conversionAt Purchase, Post-purchase
Min EMI amountINR 1,500 - INR 2,000
Balance transferYes
BT interest rate0.83% p.m. (9.99% per annum (p.a.))
Insurance & protection
Purchase protectionYes
Lost card liabilityYes
Digital & security
ContactlessYes
Virtual cardYes
App featuresReal-time Spend Alerts, Card Lock/Unlock, Set/Modify Limits, View Statements, Convert to Equated Monthly Instalment (EMI), Rewards Tracking, Autopay Setup, Download Statement, Raise Service Requests
Card controlsBlock/Unblock Card, Enable/Disable International Usage, Online Transactions, Contactless (Near-Field Communication (NFC)), Set Limits, PIN Reset
Fraud protectionReal-time Transaction Alerts, Tokenization, OTP for Online Transactions, Instant Card Block
Zero liabilityZero liability if fraud reported within 3 working days
WhatsApp supportYes