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Federal Bank

Platinum · Signet

Visa Platinum credit

Federal Signet Credit Card

Federal Bank

Premium Visa Platinum with 3X rewards and lounge access

Annual Fee
₹999
Joining Fee
₹999
Reward Rate
0.8%
Forex Markup
3.5%

Value Analysis

Annual Net Value
₹10,821
Total Annual Benefits
₹12,000
Total Annual Charges
₹1,179
ROI
1019%
Fee Waiver Available

Annual fee waived on spending ₹3 Lakh in a membership year — ₹3,00,000 annual spend

Card Analytics

Visual breakdown of value, benefits, and limits

Value Breakdown

Benefits Distribution

Transaction Limits

Card Scorecard

Charges Breakdown

Benefits & Perks

Airport Lounge Access (1)
Domestic Lounge Access
4 complimentary domestic airport lounge visits per year
  • 1 visit per quarter at domestic lounges
4 visits/year
₹8,000/yr
Reward Points (1)
3 Reward Points per ₹100
Earn 3 reward points on every ₹100 spent
  • Excluded: fuel, rent, wallet loads
3 RP/₹100
Fuel Benefits (1)
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between ₹400–₹5,000
  • Valid on transactions ₹400–₹5,000
  • Max ₹250 per statement cycle
1% waiver
₹3,000/yr

Reward Program

Program
Federal Reward Points
3 RP per ₹100 on all spends
Effective cashback: 0.75%
Points expire: Valid for 3 years
Redemption Options
  • Products & Vouchers via Federal Rewards Portal
  • Flights & Hotels
  • Cashback (1 RP = ₹0.25)
Milestone Bonuses
Annual fee waiver on spending ₹3 Lakh in a year
Spend ₹3,00,000 annual
Annual fee waiver

Fees & Charges

Charge Amount
Joining Fee ₹999 Plus GST
Annual Fee ₹999 Plus GST, waived on ₹3L annual spend
Add-on Card Fee Free Free

Transaction Charges

Forex Markup
3.5%
Interest Rate (Monthly)
3.5%
Late Payment Fee
₹1,000
Cash Advance Fee
2.5%

ATM Charges

Own Bank Withdrawal
Free
Other Bank Withdrawal
₹250
Intl. Withdrawal Fee
2.5% + ₹250

Fuel Surcharge Waiver

1% waiver on transactions between ₹400 – ₹5,000. Max waiver: ₹250/cycle.

Eligibility

Requirements

Min. Monthly Income
₹50,000
Min. Annual Income
₹6,00,000
Min. Credit Score
720
Age Range
21 – 65 years
Employment
Salaried, Self-Employed

Notes

  • Salaried: Net Monthly Income > ₹50,000
  • Self-Employed: ITR > ₹6 Lakh p.a.
  • Age 21–65 years

Insurance Coverage

Accidental Death
₹20.0 L
Permanent Disability
₹20.0 L
0
Lost Card Liability
₹5.0 L
Report within 24h
0
Purchase Protection
₹50,000
60 days
  • Personal accident cover: ₹20 Lakh
  • Lost card liability: ₹5 Lakh

Airport Lounge Access

Domestic

4 visits/year

1 per quarter

~₹2,000/visit

International

0 visits/year

Not available

Dreamfolks
  • 4 complimentary domestic lounge visits per year (1 per quarter)

Transaction Limits

ATM Withdrawal / Day
₹50,000
POS & E-Commerce / Day
₹5,00,000
Contactless / Txn
₹5,000

Features

Visa Platinum privileges Contactless payments EMV chip security Domestic acceptance Add-on cards available EMI conversion facility Fuel surcharge waiver

EMI Options

Min. Transaction
₹2,500
Interest / Month
1.5%
Tenure Options
3, 6, 9, 12 months
Processing Fee
1%

Ready to Apply?

The Federal Signet Credit Card is a premium Visa Platinum card offering 3 reward points per ₹100 spent. With 4 complimentary domestic lounge visits pe...

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