Federal Bank RuPay Signet Credit Card
Joining Fee: No Joining Fee
Renewal Fee: No Annual Fee
Reward Type: Earn Reward Points on purchases
Welcome Benefits:
Amazon Voucher: Receive an Amazon e-gift voucher worth Rs. 200 after spending Rs. 3,000 within the first 30 days of card issuance.
Rewards:
Standard Spending: 1 Reward Point for every Rs. 100 spent on general purchases.
Entertainment: 2x Reward Points for every Rs. 100 spent on entertainment.
Electronics & Apparel: 3x Reward Points for every Rs. 100 spent on electronics and apparel.
Reward Redemption:
Redeem points at the Federal Rewards Portal, with 1 Reward Point equaling Re. 0.25.
Reward Points expire after 1 year from accrual, so ensure timely redemption.
Milestone Benefits:
Earn Swiggy vouchers quarterly by spending Rs. 20,000 or more in a quarter.
Movie & Dining Benefits:
Movies: Buy 1 Get 1 Free offer on movie tickets at PVR and Inox, valid once every quarter.
Dining: Enjoy up to 15% discount through the FedDelights program at participating restaurants.
Airport Lounge Access:
Domestic: 1 complimentary lounge access per quarter, giving you 4 visits annually.
Fuel Surcharge Waiver:
Receive a 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 5,000, with a maximum waiver of Rs. 150 per month.
Insurance Benefits:
Personal Accident Cover: Complimentary insurance coverage of Rs. 2 Lakhs.
Summary
The Federal Bank RuPay Signet Credit Card offers a range of benefits designed to maximize savings across various spending categories. New cardholders can enjoy a welcome benefit of an Amazon e-gift voucher worth Rs. 200 after spending Rs. 3,000 within the first 30 days. The card offers 1 Reward Point for every Rs. 100 spent on general purchases, 2x points on entertainment, and 3x points on electronics and apparel. Points can be redeemed at the Federal Rewards Portal, with 1 Reward Point valued at Re. 0.25, though they expire after a year. Additional perks include quarterly Swiggy vouchers for spending Rs. 20,000, Buy 1 Get 1 Free movie tickets at PVR and Inox, and up to 15% discounts on dining through the FedDelights program. The card also provides 1 complimentary domestic lounge access per quarter, a 1% fuel surcharge waiver, and personal accident insurance of Rs. 2 Lakhs. With these features, the Federal Bank RuPay Signet Credit Card is an excellent option for individuals looking to save across multiple spending categories.