Federal Bank RuPay Signet Credit Card
Updated 3 Jul 2026Source-linked
The Federal Bank RuPay Signet Credit Card is a mid credit card from Federal Bank, with a joining fee of ₹999 + GST.
It earns up to 9 pts per ₹150 (≈1.2% value) on electronics apparel spends in the form of reward points (points).
Cardholders get 1 quarterly domestic airport lounge access, plus amazon pay e-voucher worth ₹200 as a welcome benefit.
Federal Bank RuPay Signet Credit Card
- Joining Fee₹999
- Annual Fee₹999
- Best Suited ForEveryday spends
- Reward TypeReward Points (points)
Rewards Rate
- 9 pts per ₹150 on electronics apparel
- Base 0.40% on other spends
Welcome Benefits
- Amazon Pay e-Voucher worth ₹200
FederalplatinummidRewards and Benefits
Rewards Rate
9 pts per ₹150 on electronics apparel
Base 0.40% on other spends.
Reward Redemption
FedRewards: Redeem at ₹0.25 per unit.
Welcome Benefits
Amazon Pay e-Voucher worth ₹200
Milestone Rewards
N/A
Domestic Lounge Access
1 visit each quarterly.
International Lounge Access
N/A
Travel
N/A
Movie & Dining
N/A
Golf
N/A
Insurance Benefits
N/A
Other Benefits
N/A
Fees & Charges
Spend-Based Waiver
₹2,00,000 in the preceding year
Rewards Redemption Fee
N/A
Foreign Currency Markup
1.50%
Interest Rates
3.49% per month (41.9% annualised)
Fuel Surcharge Waiver
1.0% waiver on transactions between ₹400 and ₹4,000.
Cash Advance Charges
2.5% or ₹300 (whichever is higher)
Product Details
- mid card issued by Federal Bank.
- Joining / annual fee of ₹999 + GST, waived on annual spends of ₹2,00,000.
- Available on the RuPay network.
- Complimentary airport lounge access: domestic (1/quarterly).
Pros & Cons
Pros
- Annual fee waivable on ₹2,00,000 spend.
- Low forex markup of 1.50% — suited to international spends.
- Complimentary domestic airport lounge access (1/quarterly).
Cons
- No rewards on fuel spends.
₹200 welcome benefit
- Amazon Pay e-Voucher worth ₹200Spend ₹3,000 within first 30 daysWindow: 30 days from issuance.
Accelerated rewards
- 9 pts per ₹150 on electronics apparel3x rewards on Electronics & Apparel; 2x on select categories; 1x on other (base 3 RP/₹150).
Exclusions
The following spend categories earn no rewards on this card:
- fuel
- wallet loads
- rent
- insurance premiums
- emi
Airport lounge access
Domestic
1 visit(s) / quarterly. Via rupay.
1 domestic lounge visit next quarter on ₹20,000 quarterly spend.
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹400 and ₹4,000.
Sources
- : www.federal.bank.in · retrieved 3 Jul 2026
Last verified 3 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 21–65
- Credit score
- 730+
- Income (salaried)
- ₹6,00,000 p.a.
- Income (self-employed)
- ₹6,00,000 p.a.