Federal Bank Rupay Signet Credit Card

Apply for the best credit card of Federal Bank

Last updated:28-Dec-24 Writen by Narendra User Profile
Federal Bank Rupay Signet Credit Card
  • Best suitable for: Rupay
  • Joining Fee: ₹ Lifetime Free + GST
  • Annual Fee: ₹ Lifetime Free + GST
  • Welcome Benefits: We welcome you with early benefits too! Get Amazon Pay e-Voucher worth 200 on minimum spend of Rs.3000 in first 30 days.
Federal Bank Rupay Signet Credit Card

Federal Bank Rupay Signet Credit Card: Fees & Charges

Type of fee or charge Amount (Rs.)
Joining Fee:₹ Lifetime Free
Annual/Renewal Fee:₹ Lifetime Free
Finance Charges:2.69% per month (32.28% annually)
Spend Based Waiver:Lifetime Free
Over Limit Penalty:2.5% of overlimit amount, subject to a minimum of 500/-
Rent Payment charges1% Processing fee transaction amount
Forex Charges:3.5% of the transaction value
Minimum Repayment Amount:5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI
Cheque Return Fees:2% of Payment amount subject to minimum of 450
Late Payment Charges:
Total Amount Due/Statement BalanceLate Payment Charges
Less than or equal to 250NIL
Above 250/- and up to 1000250
Above 1000/- and up to 5,000500
Above 5,000/- and up to 25,0001000
Above 25,000/-1250

Federal Bank Rupay Signet Credit Card: Eligibility & Documentation

Eligibility:-
Age: Applicants should be at least 18 years old.
Income: A stable annual income is essential, typically a net monthly income of 30,000/- or more and Self-employed individuals may need to show higher income proof
Credit Score: A good CIBIL score, ideally between 750 and 900, can significantly boost approval chances
The applicant must be an Indian citizen and valid address proof

Documentation:- 1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof

Federal Bank Rupay Signet Credit Card: Cash Advance and Charges

Cash Advance or Withdrwan Fee: 2.5% (Min. INR 500) of the cash amount
Cash Advance Withdrwan Limit: 10% of the card limit
Cash Payment at Bank Branch: Rs. 100/- for every Cash payment

Federal Bank Rupay Signet Credit Card: Customer care and helpline

Customer care : 1800 420 1199
Email Address :  [email protected]
Mailing Address: The Federal Bank Ltd. Federal Towers, Aluva, Kerala, India – 683101.

Add-on Card facility: NIL

Card replacement fee: Rs 200 + GST

Rewards Redemption Fee: Rs. 99/- per redemption request

Domestic lounge:

International Lounge:

Fuel Surcharge:1% fuel surcharge refunded for transactions between 400 to 4,000 and Maximum of 100 per month.

FAQ of Federal Bank Rupay Signet Credit Card

Q1. What is the annual fee of Federal Bank Rupay Signet Credit Card?
The Federal Bank Rupay Signet Credit Card offers lifetime-free annual fees. The joining fee is also free for life!

Q2. What is the interest rate on the Federal Bank Rupay Signet Credit Card?
The Federal Bank Rupay Signet Credit Card has an interest rate of 2.69% per month (32.28% annually)

Q3. Are there foreign transaction fees on the Federal Bank Rupay Signet Credit Card?
Yes, The Federal Bank Rupay Signet Credit Card charges a 3.5% fee for all transactions in foreign currency .

Q4. What is the credit limit of Federal Bank Rupay Signet Credit Card?
The credit limit for the Federal Bank Rupay Signet Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. Federal Bank does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. Federal Bank offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.

Credit Cards by Bank
Credit Cards by Category