Federal Bank Scapia Credit Card
MyRupaya Ratings
उत्पाद विवरण
क्रेडिट कार्ड का नाम
Federal Bank Scapia Credit Card
Bank Name :
Federal Bank
प्रकार
Travel Credit Card
ब्याज दर
41.88% (3.49% per month)
पात्रता
Age –Minimum 18 years of age to apply for a Secured Federal Credit Card. & minimum 21 years of age to apply for a Unsecured Federal Credit Card.
Credit history – A good credit history will help you in getting you a Credit Card easily.
Nationality – While applying for a Credit Card in India, you need to be an Indian resident or a Non-resident Indian (NRI)
पेशेवरों
0 joining fee,
0% forex mark-up. 10% scapia coins on all your normal purchases and 20% scapia coins on all travel purchases through the scapia app.
Unlimited domestic lounge visit on spending a minimum of INR 5000 per month.
3-month no-cost EMI on travel spends.
24x7 support.
20% Scapia coins on travel bookings done on the Scapia App
Instant in-app repayment
दोष
No welcome benefit is provided to the customers
Cashback offers only available on travel transactions.
पक्ष विपक्ष
Welcome Benefits
None.
पुरस्कार प्रणाली
Reward System- 10% scapia coins on all your normal purchases and 20% scapia coins on all travel purchases through the scapia app. Value of 5 coins is INR 1. Effective cash back rate on normal transactions is 2% and effective cashback rate on travel transactions is 4%.
अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
0%.
स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
Unlimited lounge visits.
Eligibility Criteria
Age –Minimum 18 years of age to apply for a Secured Federal Credit Card. & minimum 21 years of age to apply for a Unsecured Federal Credit Card.
Credit history – A good credit history will help you in getting you a Credit Card easily.
Nationality – While applying for a Credit Card in India, you need to be an Indian resident or a Non-resident Indian (NRI)
फ़ायदे
Zero joining and annual fees: Unlike many other travel credit cards, the Federal Bank Scapia Credit Card does not charge any joining or annual fees.
Earn Scapia Coins on every spend: Earn 10% Scapia Coins on all online and offline transactions, except for rent, cash withdrawals, money transfers, EMI transactions, digital wallet loading, and top-up transactions. Earn 20% Scapia Coins on all travel bookings, including flights and hotels, made on the Scapia app.
Redeem Scapia Coins instantly: Redeem your Scapia Coins for a variety of rewards, including flight tickets, hotel stays, and merchandise.
Unlimited domestic lounge access: Enjoy unlimited domestic lounge access on a minimum spend of ₹5,000 per month.
No forex markup: Make international purchases without incurring any forex markup fees.
No cost EMI for travel transactions: Convert your travel bookings into easy EMIs with zero interest.
Fully digital onboarding: Get your card in just minutes through a fully digital onboarding process on the Scapia app.
Contactless payments: Make secure and contactless payments using your card.
Chip technology: Your card is equipped with a chip for added security.
24/7 customer support: Get help from Federal Bank's 24/7 customer support team whenever you need it.
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
Online:
Visit the Federal Bank website and go to the Credit Cards section.
Click on the Apply Now button for the Scapia credit card.
Fill in the online application form with your personal and financial details.
Submit the application form and wait for approval.
Required documents:
Proof of identity (Aadhaar card, PAN card, or passport).
Proof of income (salary slips, bank statements, or income tax returns).
Proof of address (Aadhaar card, bank statement, or utility bill).
सम्पर्क करने का विवरण
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
0 joining fee,
0% forex mark-up. 10% scapia coins on all your normal purchases and 20% scapia coins on all travel purchases through the scapia app.
Unlimited domestic lounge visit on spending a minimum of INR 5000 per month.
3-month no-cost EMI on travel spends.
24x7 support.
20% Scapia coins on travel bookings done on the Scapia App
Instant in-app repayment
No welcome benefit is provided to the customers
Cashback offers only available on travel transactions.
Overall, the Federal Bank Scapia Credit Card is a strong option for frequent travelers who primarily book their flights and hotels through the Scapia app. Its high travel rewards, zero forex markup, and unlimited domestic lounge access offer significant value. However, the limited reward earning on non-Scapia bookings, app dependency, and focused redemption options might be drawbacks for travelers with more diverse booking preferences. Consider your preferred booking platforms and travel habits before making a decision.
Federal Bank Scapia Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
उत्पाद समीक्षा
फीस एवं प्रभार
Joining fee: INR 0
Annual membership fee: INR 1500
Cash Advance Charges- 2.5% of amount withdrawn or Rs. 500 whichever is higher.
Late payment charges - Less than Rs. 100 0 Rs. 100- Rs. 500 100 Rs. 501 to Rs. 5,000 500 Rs. 5,001 to Rs. 10,000 600 Rs. 10,001 to Rs. 25,000 750 Rs. 25,001 to Rs. 50,000 950 More than Rs. 50,000/- 1000.
EMI Processing charges : 2.5% of loan amount subject to minimum of Rs. 500.
0% International Forex markup.
ईंधन अधिशुक्ल
1%, no fuel surchage waiver is offerred.
Billing Cycle
30 Days.