Federal Bank
Federal Bank Mastercard Signet Credit Card
Your rating
Community rating
Joining Fee
Free
Annual Fee
—
Reward Rate
1% – 3%
Forex Markup
3.5%
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Key Benefits
Rewards
How you earn back on every swipe
points
Reward type
1% – 3%
Earn rate
Fees & Charges
Programme fees we track below. Interest on cash withdrawals or revolving balances, late-payment slabs and other charges are set by the bank and spelled out in their Most Important Terms and Conditions (MITC). Use the official product page for those details.
Travel & Lounge Access
Airport perks included with this card
1 per quarter
Domestic lounge visits
0 per year
International lounge visits
Things to Keep in Mind
- cash withdrawals excluded from annual fee waiver
- cash transactions not counted for lounge eligibility
- wallet loading attracts fee
- rent payments attract fee
Card Features
Tips & reviews
Community comments — not financial advice. Bank terms still apply.
Eligibility
Employment type
Pros & Cons
- 3x rewards on electronics and apparel
- 2x rewards on entertainment
- 1x rewards on other spends
- Complimentary domestic lounge access
- Amazon Pay voucher (Rs. 200 on minimum spends of Rs. 3000 on first 30 days)
- Swiggy voucher on quarterly spend
- Low reward rate
- Only 1 lounge visit per quarter
- No international lounge access
- No travel or lifestyle premium benefits
Who is this card for?
First-time credit card users and Federal Bank account holders who want a lifetime-free card with basic rewards and an introductory taste of lounge access without any annual commitment.
Quick Links
Data last updated 24 Mar 2026