फेडरल बैंक सिग्नेट क्रेडिट कार्ड
जारीकर्ता बैंक / संस्था: Federal Bank Ltd.
Entry-level rewards card offering 3X points on apparel & electronics, 4 domestic lounge visits, and ₹75,000 spend-based fee waiver.
💳कार्ड विवरण एवं मुख्य लाभ (Card Overview & Benefits)
कार्ड का संक्षिप्त विवरण
Federal Bank Signet Credit Card is an entry-level shopping and electronics card for first-time salaried employees. It provides 3X points on apparel and electronic purchases, 4 domestic airport lounge visits, and an accessible ₹75,000 annual spend fee waiver.
Amazon gift voucher worth ₹750 credited upon payment of joining fee and spending ₹3,000 within 30 days.
1 complimentary domestic airport lounge visit per calendar quarter (up to 4 visits annually) at participating lounges in India.
1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹400 and ₹5,000.
Buy 1 Get 1 free movie ticket discount on INOX up to ₹100 once a month. Annual fee reversal on ₹75,000 spend. RuPay variant supports UPI payments.
📋पात्रता मानदंड एवं नियम (Eligibility & Requirements)
पात्रता की शर्तें
Salaried Indian individuals aged 21 to 65 with monthly salary exceeding ₹25,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹3,00,000.
न्यूनतम वार्षिक आय आवश्यकता
₹25,000/month (Salaried) / ₹3,00,000/year ITR (Self-Employed)
📂आवश्यक दस्तावेज (Required Documents)
1. PAN Card (statutory requirement) 2. Proof of Identity & Residence: Aadhaar Card, Passport, or Voter ID 3. Proof of Income: Last 3 months' salary slips with bank statement OR Latest ITR with Computation Sheet 4. Passport-size photograph.
⚠️क्या कमी है / महत्वपूर्ण शुल्क चेतावनियां (Honest MITC Disclosures & Hidden Costs)
Only 1 lounge visit per quarter. Base reward rate is 0.25% on general spending. Forex markup is 3.50%.
🚀आवेदन के चरण (How to Apply)
Step 1: Visit federalbank.co.in/signet or open FedMobile app. Step 2: Enter PAN and mobile number for instant eligibility check. Step 3: Select Federal Bank Signet Card (choose RuPay for UPI payments). Step 4: Enter employer details and monthly salary. Step 5: Complete online Video KYC session with bank official. Step 6: Card is approved and dispatched via courier within 3 to 5 business days.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What happens if I miss the minimum payment due on Federal Bank Signet Credit Card?
If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹500 for ₹501–₹1,000; ₹750 for ₹1,001–₹5,000; ₹900 for ₹5,001–₹10,000; ₹1,000 for ₹10,001–₹25,000; ₹1,200 for above ₹25,000 (+ GST).. In addition, revolving finance charges at 3.49% per month (41.88% per annum) on revolving balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.
Can I convert transactions on Federal Bank Signet Credit Card into EMI?
Yes, Federal Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.
How do I track and redeem reward points or cashback on Federal Bank Signet Credit Card?
You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into Federal Bank Ltd.'s official mobile banking application or web portal. 1 Reward Point = ₹0.25 against shopping vouchers or statement credit. Please note: Reward points expire 3 years (36 months) from the date of accrual.
What is the interest-free grace period on Federal Bank Signet Credit Card and how does it work?
The interest-free period on Federal Bank Signet Credit Card is Up to 48 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (3.49% per month (41.88% per annum) on revolving balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.