Federal Bank Visa Celesta Credit Card
Apply for the best credit card of Federal Bank
Welcome Benefits
- We welcome you with early benefits too! Get Amazon Pay e-Voucher worth 600 on minimum spend of Rs.10000 in first 30 days.
Federal Bank Visa Celesta 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 charges | 1% Processing fee transaction amount |
| Forex Charges: | 3.49% of the transaction value |
| Minimum Repayment Amount: | 5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI |
| Cheque Return Fees: | 2% of Total Amount Due or Minimum of 500 whichever is higher |
| Total Amount Due/Statement Balance | Late Payment Charges |
|---|---|
| Less than or equal to 250 | NIL |
| Above 250/- and up to 1000 | 250 |
| Above 1000/- and up to 5,000 | 500 |
| Above 5,000/- and up to 25,000 | 1000 |
| Above 25,000/- | 1250 |
Eligibility criteria
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
Document Requirements
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
Other Information
Frequently Asked Questions
What is the annual fee of Federal Bank Visa Celesta Credit Card?
The Federal Bank Visa Celesta Credit Card offers lifetime-free annual fees. The joining fee is also free for life!
What is the interest rate on the Federal Bank Visa Celesta Credit Card?
The Federal Bank Visa Celesta Credit Card has an interest rate of 2.69% per month (32.28% annually)
Are there foreign transaction fees on the Federal Bank Visa Celesta Credit Card?
Yes, The Federal Bank Visa Celesta Credit Card charges a 3.0% fee for all transactions in foreign currency .
What is the credit limit of Federal Bank Visa Celesta Credit Card?
The credit limit for the Federal Bank Visa Celesta 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.
Card other Details
Federal Bank Visa Celesta Credit Card Credit Limit: Up to ₹10 Lakh