A mid-level lifestyle and entertainment credit card with 3X rewards on electronics, BOGO movie offers, complimentary lounge access, and dining discounts.
Earn up to 3X points on electronics and apparel and 2X on entertainment.
Get ₹500 Amazon Pay voucher on spending ₹3,000 within 30 days.
Rs. 750 + GST (waived on Rs. 75,000 annual spends)
Enter your details to get started
| Benefit | Details |
|---|---|
| Welcome Benefit | Amazon Pay e-Voucher worth Rs. 500 on making a minimum spend of Rs. 3,000 within the first 30 days of card issuance |
| 3-2-1 Reward Structure | 3X rewards on electronics and apparel, 2X rewards on entertainment, and 1X rewards on all other categories |
| Airport Lounge Access | 1 complimentary domestic airport lounge visit per quarter |
| BOGO Movie Offer | Buy One Get One free movie ticket on INOX, once per quarter (maximum discount capped at Rs. 100 per offer) |
| Dining Discount | 15% discount on dining at partner restaurants under the FedDelights programme |
| Annual Fee Waiver | Annual renewal fee of Rs. 750 waived on achieving Rs. 75,000 in annual spends |
| Fuel Surcharge Waiver | Fuel surcharge waiver at petrol stations across India (terms and conditions apply) |
| Attribute | Classification |
|---|---|
| Issuer / Provider | Federal Bank |
| Bank / Non-bank | Bank-affiliated |
| Category | Mid-Level Lifestyle and Entertainment |
| Type of Card | Visa Credit Card |
| Free or Paid | Rs. 750 + GST annually (waived on Rs. 75,000 annual spends) |
The Federal Bank Visa Signet credit card is a mid-level lifestyle card designed for users seeking strong rewards on everyday spending without a high annual fee. Priced at ₹750, which is waivable on ₹75,000 annual spends, it offers a balanced mix of benefits. Cardholders earn accelerated rewards on electronics, apparel, and entertainment through a 3-2-1 reward structure, ensuring consistent value across spending categories. Additional perks include complimentary airport lounge access, BOGO movie offers on INOX, and dining discounts under the FedDelights programme. It is well-suited for young professionals and frequent shoppers looking for a reliable, value-driven credit card.
A Rewarding 3-2-1 Structure: The card follows a 3-2-1 reward structure, offering 3X points on electronics and apparel, 2X on entertainment, and 1X on other spends, ensuring higher returns on priority categories while still rewarding everyday purchases.
Amazon Pay Welcome Voucher: New cardholders who spend a minimum of Rs. 3,000 within the first 30 days of card issuance receive a complimentary Amazon Pay e-Voucher worth Rs. 500. This welcome benefit is easily achievable for any new cardholder making regular purchases and more than compensates for the first-year proportional fee.
Quarterly Airport Lounge Access: The card provides one complimentary domestic airport lounge visit per quarter, giving cardholders four lounge visits annually across airports in India. This benefit adds a comfortable and practical travel dimension to what is primarily a lifestyle-focused card, making it useful for occasional domestic travellers.
BOGO Movie Offer at INOX: Cardholders enjoy a Buy One Get One free movie ticket at INOX cinemas, once per quarter. The maximum discount is capped at Rs. 100 per offer, meaning the cardholder pays for any amount above Rs. 100 on the complimentary ticket. For movie enthusiasts who visit INOX quarterly, this benefit alone contributes up to Rs. 400 in annual savings.
FedDelights Dining Discount: Federal Bank's FedDelights programme extends a 15% discount at partner restaurants when paying with the Visa Signet card. This dining benefit rewards cardholders who regularly eat out, reducing the effective cost of restaurant bills at all participating FedDelights establishments.
Annual Fee Waiver on Rs. 75,000 Spends: The Rs. 750 annual renewal fee is waived when total card spends reach Rs. 75,000 in a year — an average monthly spend of just Rs. 6,250. This is a realistic threshold for any cardholder using this card for routine purchases, making the card effectively free for regular users.
Fuel Surcharge Waiver: The card offers a fuel surcharge waiver at petrol stations across India, providing savings on routine fuel transactions and making the card practical for daily commuters and vehicle owners.
Competitive Finance Charges: The Federal Bank Visa Signet Credit Card carries a notably low finance charge starting from just 0.49% per month (5.88% per annum) — one of the most competitive interest rates available on credit cards in India. This makes it a relatively cost-effective option for cardholders who occasionally carry a balance.
Contactless and Secure Payments: As a Visa credit card, the Federal Bank Visa Signet card supports contactless payments at retail outlets for fast, secure transactions. Standard Visa-network security features protect the cardholder against fraudulent transactions.
Zero Liability on Card Loss: In the event of card loss or theft, cardholders can contact Federal Bank's 24-hour customer care immediately to block the card. Federal Bank provides protection against fraudulent transactions once the loss is reported, ensuring peace of mind.
3X Reward Points on Electronics and Apparel
Earn 3X reward points on all spending in the electronics and apparel categories. This is the highest earning rate on the card, making it particularly rewarding for cardholders who make frequent purchases on gadgets, mobile phones, laptops, clothing, footwear, and fashion accessories both at physical stores and online retailers.
2X Reward Points on Entertainment
Earn 2X reward points on entertainment category spends. This applies to movie ticket bookings, OTT subscription payments, gaming, amusement parks, and other entertainment-related transactions. Combined with the BOGO movie offer at INOX, the entertainment benefits of this card are particularly well-rounded.
1X Reward Points on All Other Spends
Every other eligible retail transaction earns 1X reward points, ensuring consistent accumulation across daily expenses including groceries, utilities, dining, travel, and online shopping outside the accelerated categories.
Amazon Pay e-Voucher Worth Rs. 500
Upon making a minimum spend of Rs. 3,000 within the first 30 days of card issuance, new cardholders receive a complimentary Amazon Pay e-Voucher worth Rs. 500. This voucher can be applied to any purchase on Amazon.in, providing immediate, tangible value right from the start of the card relationship.
1 Complimentary Domestic Lounge Visit Per Quarter
Cardholders are entitled to 1 complimentary domestic airport lounge visit per quarter, amounting to 4 free visits annually. This benefit covers domestic terminals across participating airport lounges in India, offering a comfortable pre-flight experience with refreshments, Wi-Fi, and rest facilities. Simply present your Federal Bank Visa Signet Credit Card to avail the complimentary visit.
BOGO Movie Ticket on INOX Once Per Quarter
The Federal Bank Visa Signet Credit Card entitles cardholders to buy one get one free movie ticket at INOX cinemas, available once every quarter. The complimentary ticket carries a maximum discount cap of Rs. 100 if the ticket price exceeds Rs. 100. The cardholder pays the difference. Over four quarters, this benefit can deliver up to Rs. 400 in total savings annually for regular INOX moviegoers.
15% Discount Under FedDelights Programme
Federal Bank's exclusive FedDelights dining programme offers cardholders a 15% discount at partner restaurants across India when paying with the Visa Signet Credit Card. This discount applies at all participating FedDelights establishments and is redeemable directly at the time of payment, with no special voucher or code required.
Fuel Surcharge Waiver
The card provides a fuel surcharge waiver on fuel purchases at petrol stations in India. This ongoing benefit reduces the cost of routine fuel transactions for cardholders who regularly use their card at the pump. Terms and conditions as per Federal Bank's prevailing policy apply.
The Rs. 750 annual renewal fee is completely waived if total card spends reach Rs. 75,000 in the anniversary year. With an average monthly spend of just Rs. 6,250 required, this milestone is readily achievable for most regular card users, effectively making this a zero-cost card for consistent spenders.
Interest-Free Credit Period: Enjoy an interest-free credit period on purchases when the full outstanding balance is cleared by the due date on every billing cycle.
Cash Advance Facility: The card supports cash advances at ATMs and bank branches. A cash advance fee of 2.5% of the transaction amount is applicable on each withdrawal. Cash advances should be used only in emergencies due to the associated fee and immediate interest accrual.
Online and Offline Applications: The Federal Bank Visa Signet Credit Card can be applied for both online via Federal Bank's official website and offline by visiting the nearest Federal Bank branch and submitting the application form with required documents.
| Fee Type | Amount | Details |
|---|---|---|
| Annual / Renewal Fee | Rs. 750 + GST | Charged every year. Fully waived on achieving Rs. 75,000 in total annual card spends in the anniversary year. |
| Finance Charges | Starting from 0.49% p.m. (5.88% p.a.) | One of the most competitive interest rates available on credit cards in India. Applicable on outstanding balances carried past the payment due date. |
| Forex Mark-up Fee | 3.5% of transaction amount | Applicable on all international transactions. Standard forex mark-up in line with most mid-level credit cards. |
| Cash Advance Fee | 2.5% of transaction amount | Applicable on all ATM cash withdrawals and bank branch cash advances. Immediate interest accrual applies on cash advances. |
| Late Payment Charges | Tiered structure | Based on outstanding statement balance: Less than Rs. 100: Nil; Rs. 100 to Rs. 500: Rs. 100; Rs. 501 to Rs. 5,000: Rs. 500; Rs. 5,001 to Rs. 10,000: Rs. 600; Rs. 10,001 to Rs. 25,000: Rs. 750; Rs. 25,001 to Rs. 50,000: Rs. 950; Above Rs. 50,000: Rs. 1,000 |
| Criteria | Details |
|---|---|
Age | Minimum 18 years, Maximum 70 years |
Occupation | Salaried or Self-employed |
Citizenship | Must be a Resident of India |
Credit Score | Good CIBIL score (ideally 750+) recommended for approval |
Application Mode | Online via Federal Bank's official website or offline at the nearest Federal Bank branch |
| Document Type | Details |
|---|---|
| Identity Proof | Any one: Aadhaar Card, PAN Card, Passport, Driving Licence, Voter ID Card |
| Address / Residence Proof | Any one: Aadhaar Card, Passport, Driving Licence, Voter ID Card, Recent Utility Bill (not older than 2 months) |
| Income Proof | Latest salary slip (for salaried) / Latest 3-6 months' bank statements / Form 16 / IT return acknowledgment (for self-employed) |
| PAN Card | Mandatory for credit card issuance as per RBI guidelines |
| Photograph | Recent passport-size photographs |
Step 1: Click on Apply Now: Hit the "Apply Now" button to start your application.
Step 2: Fill in Your Detail: Enter your personal, contact, and financial details in the application form.
Step 3: Upload Required Documents: Upload your PAN Card, Aadhaar/Address Proof, and Income Proof.
Step 4: Submit Your Application: Review all the details and click Submit.
Step 5: Approval & Card Delivery: Once approved, your Federal Bank Visa Signet Credit Card will be delivered to your registered address.
| Usage Tips | Details |
|---|---|
Prioritise Electronics and Apparel Spends | Use the card for electronics and apparel purchases to earn maximum 3X rewards and maximise returns on high-value shopping. |
Use for Entertainment Spends | Earn 2X rewards on entertainment like movies and OTT, with added value from INOX BOGO offers for regular users. |
Claim the Welcome Voucher Early | Spend ₹3,000 within 30 days to unlock the ₹500 Amazon Pay voucher and recover the initial card cost quickly. |
Use the BOGO Offer Every Quarter | Utilise the INOX BOGO offer each quarter to maximise all four annual uses and achieve up to ₹400 yearly savings. |
Leverage FedDelights for Dining | Use the card at partner restaurants to get 15% discounts and check out eligible outlets in advance for better savings. |
Meet the ₹75,000 Annual Spend Threshold | Aim to spend ₹75,000 annually waive the fee, a realistic target with consistent everyday card usage. |
Use the Quarterly Lounge Access | Plan travel to use one lounge visit per quarter and fully utilise all four complimentary annual visits. |
Use for Fuel Purchases | Pay for fuel using the card to benefit from surcharge waivers and reduce recurring commuting expenses over time. |
Pay Bills in Full | Always pay the full outstanding amount before the due date to avoid interest and maintain a strong credit profile. |
Avoid Cash Advances | Avoid cash withdrawals due to high fees and immediate interest, using them only in emergencies and repaying quickly. |
Minimise International Use | Limit international usage due to forex markup and consider a zero-forex card for overseas transactions to reduce costs. |
The Federal Bank Visa Signet Credit Card is designed for users who want to maximize their credit card benefits effectively.
Disclaimer: The information provided on this page has been gathered from various reliable sources and is intended solely for general informational purposes. As details may change over time, we do not guarantee the accuracy or completeness of the content. Users are advised to verify the information with official or relevant sources before making any decisions or taking action.
No comments yet. Be the first.