Federal Bank Credit Cards

Federal Bank Credit Card Features and Benefits

Federal Bank has a limited number of credit cards, but these cards offer the best features and perks for your financial spending. Here’s to the brief on the features and benefits of Federal Bank credit cards.

1. Dynamic APR: Federal Bank credit cards come with functions which guarantee and offer fixed APR and are highly competitive to the card holder’s personal details.

2. Reward Programs: Offer tempting customer bonuses like the 3-2-1 bonus plan, where you gather points or cashback on every purchase, which definitely makes your general spending more exciting.

3. Exclusive Offers: Products and Services offer you great value that you can easily save through rebate coupons, including all category spending from food and beverages, apparel, electronics, travel, and much more to entertainment.

4. Complimentary Benefits: Additional perks that are often companions of the card include free travel insurance as well as airport lounge or concierge services in providing a superior travel and leisure experience.

5. Contactless Payments: Get the convenience along with the security of using contactless payment. Forget the inconvenience of swiping and enter the world of instant payment options with the conduct of a simple tap on the card.

6. EMI Options: The Federal Bank credit cards also provide customers with the ability to select varying EMI choices on purchases that are made and pay easily on flexible monthly installments suitable for their schedule.

7. Bill Payment Rewards: This lets some credit cards offer back cash incentives or allowances for timely payment of bills, which helps in encouraging efficient financial practices and, in addition to this, avails higher gains to the cardholder.

8. Global Acceptance: Make your purchasing easier with accepted Federal Bank credit cards that will give you operating money when at home or when conducting business in other parts of the world.

Federal Bank Credit Card Rewards and Cashback

Federal Bank credit cards offer various reward points on the purchase of products under the reward section. You can also earn cashback using your credit card for paying utility bills, making transactions on groceries, and more. Let’s see in detail about the rewards and cashback:

1. Visa Celesta Credit Card: You can enjoy Federal Bank’s bespoke 3-2-1 rewards structure – 3x reward points on spending for travel and international flights and other categories. You can earn 2x rewards on spending on food and 1x on spending for other random stuff.

2. Visa Imperio: Get and earn a 3:2:1 reward structure for a Federal Bank Visa Imperio credit card. You can earn 3x reward points on spending for healthcare and groceries. Get 2x rewards on paying utility bills such as gas bills, Tv recharge, and more. Also, earn 1x reward points for spending on other random categories.

3. Visa Signet: Earn 3-2-1 credit card rewards with Visa Signet of Federal Bank. Earn 3x rewards on spending money for the electronics and apparel section, earn 2x rewards on the entertainment category and 1x for other categories.

4. Mastercard Celesta: With Mastercard Celesta of Federal Bank, you can now earn 3x reward points for spending on travel and international flights. You can earn 2x reward points in the dining category and 1x on other additional expenses.

5. Mastercard Imperio: With Mastercard Imperio, you can earn a 3:2:1 reward structure for a Federal Bank Visa Imperio credit card. You can earn 3x reward points on spending for healthcare and groceries. Get 2x rewards on paying utility bills such as gas bills, Tv recharge, and more. Also, earn 1x reward points for spending on other random categories.

6. Mastercard Signet: Earn 3-2-1 credit card rewards with Visa Signet of Federal Bank. Earn 3x rewards on spending money for the electronics and apparel section, earn 2x rewards on the entertainment category and 1x for other categories.

7. Rupay Signet: Earn 3-2-1 credit card rewards with Visa Signet of Federal Bank. Earn 3x rewards on spending money for the electronics and apparel section, earn 2x rewards on the entertainment category and 1x for other categories.

How To Earn and Redeem Federal Bank Credit Card Reward Points?

There is a structured process to be followed to earn and redeem Federal bank credit cards. Here’s how you can earn it:

Earn Credit Card Rewards:

• As a part of the promotion, the customer gets up to 2X Reward Points when he/she completes the target spends.
• The customers will receive a notification of the number of reward points credited to them through the shortened URL by sending them an SMS/Email after 60 days from the end date of the campaign. 
• Target Spends will differ, and according to the subject customer, the details will be explained to the customer.

Redeem Credit Card Rewards:

• Step 1 : Customers can redeem reward points earned through Federal Bank through the official website and Fedmobile App
• Step 2 : Choose the category under which you wish to redeem reward points.
• Step 3 : Then, click the desired checkbox as per the product you want to purchase.
• Step 4 : Now, add the product to the “Add to Cart” option.
• Step 5 : Log in with your user ID and password to complete the transaction.

Federal Bank’s Credit Card Eligibility Criteria

Federal Bank holds some checks upon which customers are provided with approval for the issue of their credit cards. Here’s the list of complete eligibility criteria for Federal Bank credit cards:

• Age Requirement: Applicants must be at least 18 years old to qualify for a Secured Federal credit card and 21 years of age for an Unsecured Federal Credit card.
• Credit History: The Applicant has to make sure that they have a good credit history since this gives a boost in approval of the Federal Bank Credit Card. On the same note, it is beneficial to be religious with payments and have a good credit rating.
• Nationality: Any interested individual, with or without Indian residency, must be a Non-Resident Indian (NRI) to qualify for a Federal Bank Credit Card in India.

In order to get a Federal Bank Credit Card, one has to meet the following requirements. If the above requirements are met, the probability of being approved for a Federal Bank Credit Card will be high.

Documents Required For Federal Bank Credit Cards Approval

The following documents need to be handy for you when you are willing to apply for a Federal Bank Credit Card.

• Proof of Identity: The credit card user needs to hold valid government-issued identification proof for the card approval, such as a PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas, Citizen of India Card, and Person of Indian Origin Card.
• Proof of Address: For address proof, users need to hold documents such as an Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card, Bank Account Statement.
• Income Proof: Under income proof, you need to have bank statements, salary slips, and income tax returns for verification. 
• Recent Photographs: Passport-size photographs are required for identification.
• KYC Documents: You can either provide a PAN card, Aadhaar card, or Voter ID card.

Federal Bank Credit Card Annual Fees and Charges

Here’s the complete report on Federal Bank Credit Card annual fees for its customers:

1. Federal Bank Visa Celesta Credit Card

Annual Fee:

No annual fees on the card

2. Federal Bank Visa Imperio Credit Card

Annual Fee:

No annual fees on the card

3. Federal Bank Visa Signet Credit Card

Annual Fee:

No annual fees on the card

4. Federal Bank Mastercard Celesta Credit Card

Annual Fee:

No annual fees on the card

5. Federal Bank Mastercard Imperio Credit Card

Annual Fee:

No annual fees on the card

6. Federal Bank Mastercard Signet Credit Card

Annual Fee:

No annual fees on the card

7. Federal Bank Rupay Signet Credit Card

Annual Fee:

No annual fees on the card

How To Activate Federal Bank’s Credit Cards?

To activate a federal bank credit card, you have two options. You can either do it through the assistance of phone banking or through ATM:

1. Phone Banking:

This is a way through which you can activate your Federal Bank credit card. You have to connect with the customer care of the bank and dial 1860 425 1199. You can now request to change your credit card PIN.

2. Activate via ATM

• Drop in at the Federal Bank ATM nearest from here.
• Insert your ATM card into the machine
• Now, choose the main menu.
• Select the option regarding changing or setting a new ATM pin.
• Follow the instructions on the screen.
• Your new PIN will be generated, and you can use your credit card. It will be active.

Federal Bank Credit Cards Login/Net banking

• Step 1: Visit Federal Bank’s Website: Visit Federal Bank through its link: http://www.federalbank.co.in
• Step 2: Locate the Login Section: Try visiting the website of Federal Bank, and when you are inside the homepage, go to a section labelled login. Some of the options that are likely to appear under this tab include credit card login and/or net banking login. These options are normally located at the very top of the page or in the several horizontal bars labelled “Menu”.
• Step 3: Enter Your Credentials: If this is done, then at the relevant spaces, type in your ID and password to allow the user entry to his/her account. If this is your first time logging in, then it is possible that you will need to register to have a username and password that you use to log in.
• Step 4: Complete Authentication: When working with a specific account, users may be asked to enter a code to increase the level of protection of an account. This could require the user to input an OTP that is sent to the phone number or email linked to the account.
• Step 5: Access Your Account: After that, you should be allowed to sign in to your Federal Bank Credit Card login account. With the applications, you will be able to see your account statements, your balance, the list of transactions that have been made in two weeks, being able to pay bills, and more.
• Step 6: Troubleshooting and Assistance: In the event of any issue concerning the login or problems with the Federal Bank Credit Card, one can contact the concerned authorities. It is a major advantage that they can assist you in the matter if you happen to have some problems. Most organisations today have a website for their customers; this may contain the contact details of the customer support for Federal Bank.

How To Compare Federal Bank Credit Cards and Choose The Best One?

When comparing Federal Bank credit cards and in the effort to identify the credit card that will adequately meet your needs, look at the rewards, the interest rates, charges as well as other benefits. 

To begin with, self-evaluation of one’s spending patterns and establish which of the rewards programs best suits him/her. Federal Bank provides cashback, travel reward and point card systems for its customers, and to use it, one needs to find which type of card best suits his recurring expenses.

Moving on, look at the possible interest rates and charges on every particular card. Check for the APRs offered, annual fees, and foreign transaction fees since people who like to travel are advised to avoid credit cards with high fees for international transactions. Low fees and attractive rates are the drawing features of the credit card that can help to minimise costs.

Last of all, it is crucial to mention any accompanying benefits in the Federal Bank credit cards including insurance, airport lounge usage or concierge services. These extras can be of great value to your card and would help give you even more satisfaction. Thus, making a comparison of these factors, the best Federal Bank Credit Card that can fit your needs and wants is picked.

Conclusion

Federal Bank of India, being one of the top private banks in the nation, offers a wide range of products for its customers. Among all the banking products, Federal Bank’s credit cards are best for their usage and offers. You can get 3x reward points on usage of the cards for various purposes.
Get 1x reward points on paying bills for anything using the credit cards. Each card has its own features and rewards, and therefore you need to be sure about your preferences to choose the best card offered by the bank.

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