Federal Bank RuPay Signet Credit Card- Launge access & Review

If you are someone who loves shopping and has a habit of using a credit card rather than cash, the Federal Bank RuPay Signet Credit Card is the perfect choice for you and your shopping. This Federal bank credit card is made for people who love to get rewards and benefits for using the credit card to purchase their loved items. 

Let us see how this credit card benefits its cardholders and why you need the Federal Bank RuPay Signet Credit Card.

Fees regarding Federal Bank RuPay Signet Credit Card

• Fee for using rewards: You have to pay Rs. 99 every time you want to use your rewards.
• Interest rates: Lowest dynamic Annual Percentage Rate (APR) starting from 0.69% p.m. (5.88% p.a.) to 3.49% p.m. (41.88% p.a.)* depending on your Banking relationship.
• Fuel savings: You don’t have to pay the 1% fuel surcharge when you buy fuel between Rs. 400 and Rs. 5,000.
• Charges for taking out cash: If you take out cash with your Federal Bank RuPay Signet Credit Card, you pay 2.5% of the amount you take. But you always have to pay at least Rs. 500.

Federal Bank RuPay Signet Credit Card Details

• Amazon gift when you join: When you first get your Federal Bank RuPay Signet Credit Card, you’ll receive an Amazon e-voucher worth Rs. 200 as a welcome gift. This is like a little reward just for starting to use the card.
• Get Reward Points every time you spend: For every Rs. 100 you spend with your Federal Bank RuPay Signet Credit Card, you can earn up to 3 Reward Points. The more you use the card, the more points you can collect, which you can later use for cool rewards.
• Buy 1, Get 1 free for movies: If you love going to the movies, this card is great because it gives you a Buy 1, Get 1 Free offer on movie tickets. So when you buy one movie ticket, you can get another one for free. That means you can take a friend or family member to the movies without paying extra.
• Free lounge access at airports: The Federal Bank RuPay Signet Credit Card gives you complimentary access to airport lounges. Whether you’re traveling within India or to another country, you can relax at these lounges for free, which makes waiting at the airport more comfortable.
• Swiggy vouchers for spending more: If you reach a certain spending milestone with your card, you’ll get complimentary Swiggy vouchers. This means you can order food from Swiggy without paying for it, just by using the card enough times.
• Cool discounts when you eat out: Whenever you dine out at restaurants, the Federal Bank RuPay Signet Credit Card offers exciting discounts on your meals. So, not only do you get great food, but you also save money while doing it.

Reward Offers | Federal Bank RuPay Signet Credit Card

• Movie & Dining Treats: You can enjoy a special Buy 1 Get 1 Free offer at PVR Inox theaters once every quarter. So, every three months, you can get a free movie ticket when you buy one, making your movie nights even more fun and affordable.
• Earning Reward Points on Every Spend: For every Rs. 100 you spend with your Federal Bank RuPay Signet Credit Card, you earn 1 reward point. But if you spend on entertainment like movies, you get 2x reward points, and when you buy electronics or clothes, you earn 3x reward points. This means you can collect even more points for things you love to buy.
• How to use your rewards: The reward points you earn can be used at Federal Rewards, the bank’s special rewards platform. For every 1 reward point, you get Re. 0.25. So, as you keep earning points, you can trade them in for cool stuff.
• Free access to domestic airport lounges: Every quarter, you get 1 free pass to a domestic airport lounge. This means once every three months, you can relax in a lounge while waiting for your flight, enjoying the comfort for free.
• Insurance benefits for safety: The Federal Bank RuPay Signet Credit Card also comes with a Personal Accident Insurance Cover of Rs. 2 lakhs. This gives you extra peace of mind in case something unexpected happens.

Pros and Cons of the Federal Bank RuPay Signet Credit Card

Pros

• No annual fee, ever: This credit card is lifetime free, which means you don’t have to pay any yearly fees for keeping the card. You can use it as long as you want without worrying about extra charges.
• Link to UPI: You can link the Federal Bank RuPay Signet Credit Card to UPI (Unified Payments Interface). This makes it super easy to make payments through UPI apps using your credit card.

Cons

• No international lounge access: While the card offers free domestic lounge access, it doesn’t provide any international lounge access. So, if you travel outside the country, you won’t get to use free lounges at airports abroad.

Benefits of Federal Bank RuPay Signet Credit Card

• Welcome Benefits: If you spend Rs. 3,000 or more within the first 30 days of getting your card, you’ll receive an Amazon e-voucher worth Rs. 200. This is a nice little bonus for using your Federal Bank RuPay Signet Credit Card right after you get it.
• Milestone Benefits: When you spend Rs. 20,000 or more in a quarter, you get free Swiggy vouchers. This means that if you keep spending regularly, you get rewarded with free food deliveries through Swiggy.
• Movie & Dining Benefits: You can enjoy a Buy 1 Get 1 Free offer on movie tickets once every quarter at PVR Inox theaters. Plus, under the FedDelights program, you get up to a 15% discount when dining at many restaurants, making it easier to save while enjoying good meals.
• Airport Lounge Access: Every quarter, you get 1 free access to a domestic airport lounge, which adds up to 4 free visits every year. It’s a nice way to relax before your flight without spending extra money.
• Fuel Surcharge Waiver: You get a 1% waiver on fuel surcharges when you spend between Rs. 400 and Rs. 5,000 on fuel. But, you can only save up to Rs. 150 per month with this benefit. This makes filling up your car a little cheaper when using your Federal Bank RuPay Signet Credit Card.

Federal Bank RuPay Signet Credit Card | Eligibility Requirements

• Age: You must be at least 18 years old to apply for a secured federal credit card. If you want an Unsecured Federal Credit Card, you need to be at least 21 years old.
• Credit history: Having a good credit history can help you get your credit card more easily. 
• Nationality: When applying for a credit card in India, you need to be an Indian resident or a non-resident Indian (NRI). 

Apply Procedure for Federal Bank RuPay Signet Credit Card 

If you want to get the Federal Bank RuPay Signet Credit Card, you have two easy ways to apply:

• Visit a bank branch

You can go to the nearest Federal Bank branch to talk to someone there about getting the card. They will help you with everything you need.

• Apply online

If you want to do it from home, you can apply online by following these steps:

1. Click on the “Apply Now” button on your screen.
2. Start filling out the application by entering your details, like your name and contact information.
3. Finally, submit your application.

Conclusion

The Federal Bank RuPay Signet Credit Card is a great option for people who enjoy shopping and want to earn rewards while spending. With no annual fees and a variety of benefits, like welcome gifts, movie discounts, and dining offers, this card provides many ways to save money and enjoy life. Whether you love watching movies, dining out, or simply want to earn rewards on your everyday purchases, this credit card has something for everyone. Just remember to use your reward points wisely and keep track of them before they expire.

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