Federal Bank VISA Signet Credit Card - Features, Benefits & Charges
The Federal Bank VISA Signet Credit Card is positioned as a basic-to-mid segment credit card offering reward points, lounge access, and lifestyle benefits. It is issued as a lifetime free credit card under a limited-period offer.
Key Features & Benefits
Annual Percentage Rate (APR)
- APR starts from 1.99% per month (equivalent to 23.88% per annum).
Reward Points Structure
- 3X Rewards: Electronics and Apparel categories
- 2X Rewards: Entertainment category
- 1X Reward: All other eligible categories
Welcome Benefit
- Amazon Pay e-Voucher worth Rs 200
- Minimum spend of Rs 3,000 within the first 30 days from card activation.
Airport Lounge Access
- 1 complimentary Domestic Lounge visit
- Eligibility: Spend Rs 20,000 or more in a quarter to avail access in the next quarter.
Movie Offers
- Buy One Get One (BOGO) offer on INOX movie tickets
- Available once per quarter.
Swiggy Benefits
- Complimentary Swiggy vouchers
- Subject to quarterly spend of Rs 20,000.
Visa Privileges
- Travel
- Dining
- Shopping
- Entertainment
- Lifestyle categories
Fees & Charges
- Joining Fee: Nil
- Annual Fee: Nil
- Offered as a Lifetime Free Credit Card
- Limited period offer, effective from 3rd April 2023
Additional Federal Bank Credit Card Services
- Credit Card EMI facility
- Contactless payments
- Balance transfer option
- Add-on cards
- Do Not Call (DNC) service
- Transaction alerts and e-statements
Summary
The Federal Bank VISA Signet Credit Card provides a basic rewards structure, quarterly spending-linked benefits, and entry-level lounge access. Its lifetime free nature makes it suitable for users seeking a no-fee card with standard lifestyle benefits.
Disclaimer
This content is provided for informational purposes only and does not represent official communication from Federal Bank. Features, fees, and eligibility criteria may change at the bank’s discretion. Users are advised to verify the latest details on the official Federal Bank website before applying.
