Federal Bank Scapia Credit Card

1. Reward Points (Scapia Coins)

• Travel Spends: Earn 20% Scapia Coins on bookings for flights, hotels, and buses via the Scapia app.

• Everyday Spends: Earn 10% Scapia Coins on all other eligible online and offline retail transactions.

• UPI Rewards: A complimentary Scapia Federal RuPay credit card variant allows users to earn 5% rewards on UPI transactions of ₹500 or more.

• Coin Value: The standard conversion rate is 5 Scapia Coins = ₹1.

• Reward Validity: Earned coins are valid for 36 months.

• Exclusions: No coins are earned on specific categories, including rent, fuel, insurance, and government payments.

2. Travel & Lifestyle Benefits

• Airport Lounges: Access unlimited domestic lounges, provided the cardholder spends at least ₹20,000 in the previous monthly billing cycle.

• Airport Privileges: Meeting the ₹20,000 monthly spend also unlocks up to ₹1,000 off on airport dining, shopping, or spa services.

• Forex Advantage: The 0% markup applies to both physical swipes at international terminals and online transactions on international websites.

• Fuel Surcharge Waiver: Enjoy a 1% surcharge waiver on fuel transactions between ₹500 and ₹5,000, with a maximum monthly waiver of ₹500.

3. Fees & Interest Rates

• Joining/Annual Fee: Nil (Lifetime Free).

• Interest Rate (APR): 45% per annum (3.75% per month).

• Cash Withdrawal Fee: 2.5% of the withdrawn amount or ₹500, whichever is higher.

• Forex Markup Fee: 0%.

PART 3: ELIGIBILITY CRITERIA

To apply for the Federal Bank Scapia Credit Card, applicants must meet the following general requirements:

• Nationality: Must be an Indian Resident.

• Age Limit: 21 to 65 years for salaried individuals and 25 to 65 years for self-employed individuals.

• Minimum Income: A minimum annual income of ₹5 Lakhs is typically required.

• Credit Score: A strong credit score, generally 720 or above, improves the chances of approval.

• Federal Bank Policy: Applicants must not hold any other co-branded credit card issued by Federal Bank.

• Application Process: Applications are processed exclusively through the Scapia mobile app.

Note: Bank policies, benefits, and eligibility requirements are subject to change. Please verify the latest terms directly on the Scapia app before applying.