Federal Bank Credit Cards

Federal Bank's consumer credit-card presence in the PerkPilot corpus is carried by the Scapia Federal Bank Credit Card — a lifetime-free, zero-forex travel-first co-brand built on a fintech app layer. Federal itself issues a house-brand lineup on the bank's direct product page (Celesta, Imperio, Signet on Visa/Mastercard plus Wave and StarBiz on RuPay) but those own-brand variants are not yet in the PerkPilot card corpus, so the hub page picks and overview are anchored around Scapia.

Scapia's value proposition is narrow and travel-concentrated. ₹0 joining and ₹0 annual, ₹0 forex markup, 10% rewards on travel bookings through the Scapia app, 20% rewards on international spends — all denominated in Scapia Coins at a 10:1 conversion (10 Coins = ₹1) redeemable against in-app flight, hotel and travel bookings. The base earn rate on non-travel, non-international spends is not cleanly surfaced on Scapia's public pages and remains best-effort in the card record, which means the domestic non-travel math on the card is less transparent than the travel-category headline suggests.

Lounge access is the card's biggest behavioural constraint. Unlimited domestic lounges are available but gated to ₹10,000 in spends in the preceding calendar month, and each individual lounge-access transaction must clear ₹5,000. Users who don't spend heavily on the card in a given month lose the lounge benefit entirely for the next month — a structure that is more volatile than the fixed-quarter lounge allowances on HDFC, ICICI or SBI premium cards.

The practical limitation on the Scapia product is distribution. The Federal Bank product page reviewed on 2026-04-18 emphasises Celesta, Imperio and Signet as the bank's three consumer variants and mentions Scapia only in passing in the rewards-redemption context; Scapia onboarding is managed through the Scapia app rather than through Federal Bank branches, and availability has historically fluctuated by cohort. For anyone considering the card in 2026, the first question is whether the Scapia waitlist is open for their profile — not whether the economics work.