Federal Bank Scapia

Fees

Waiver: Genuinely lifetime free by product design per Federal Bank's own fee disclosures (Joining Fees: Nil, Annual Membership Fees: Nil) — no promotional expiry or spend-based condition attached, unlike some other Federal Bank co-branded cards. Same fee schedule applies across both the Visa and RuPay Scapia variants.

Rewards

Perks

• ✓Domestic lounge access: unlimited/yrUnlimited complimentary domestic lounge access, but it must be unlocked each billing cycle: per Federal Bank's own Card Holder Agreement (v7, updated for statements generated on/after 27 Feb 2026) and Federal Bank's own product page, the qualifying spend is ₹20,000 in card spend in the preceding billing cycle — for cardholders who hold both the Visa and RuPay variants, this ₹20,000 is aggregated across both cards; for those holding only this Visa card, ₹20,000 on it alone unlocks access. (This raised and unified an earlier, lower two-tier threshold of ₹10,000 for Visa / ₹15,000 for RuPay that multiple aggregator reviews still describe, reflecting the pre-Feb-2026 terms.) Access activates 3–5 working days after the qualifying billing date and must be re-earned every cycle — there is no permanent/lifetime unlock. Entry requires a QR code generated in the Scapia app at the airport. Separately, at least two independent reviews (LiveFromALounge, CardMaven) describe a distinct, smaller 'Airport Privileges' perk — up to ₹1,000 back per domestic trip on airport dining/shopping/spa, at a lower ~₹10,000 spend tier — that is not the same benefit as lounge access itself; this record only covers the lounge-access benefit since it is the one confirmed directly against Federal Bank's own official documents.
• ✓Fuel surcharge waiver: 1%1% fuel surcharge is waived on qualifying fuel transactions, capped at ₹500 of total waiver per month (aggregator reviews describe the per-transaction qualifying range slightly differently — roughly ₹400–₹5,000 — so treat the exact per-transaction band as approximate pending a direct read of the current fee schedule PDF). Separately, any fuel spend beyond ₹50,000 in a calendar month attracts a 1% + GST convenience fee (capped at ₹3,000 per transaction) — this is a fee, not a waiver. Fuel transactions never earn Scapia rewards at all, regardless of amount.
• ✓Forex markup: 0%
• ✓Card is co-branded and issued by Federal Bank in partnership with Scapia Technology Pvt. Ltd., a fintech that markets/distributes the card and manages the reward-point (Scapia Coin) ledger via the Scapia app; Federal Bank is the sole regulated issuer, underwriter, and credit-limit decision-maker. Scapia does not have access to cardholder transaction data (per the official Card Holder Agreement).
• ✓The card is issued on two separate networks with different reward rates, not identical twins of one product: this Visa variant earns 10% rewards on any eligible spend of ₹20 or more per transaction (no UPI requirement, works as a standard physical Visa card); the RuPay variant earns 5% rewards, but only on eligible UPI, online, and offline spend of ₹500 or more per transaction. At least one detailed independent review (LiveFromALounge) describes the RuPay card as issued as a virtual, UPI-app-only floater/add-on rather than a primary physical swipe card, with this Visa card being the primary physical card — that distinction is not confirmed on Federal Bank's own site, so treat it as directional rather than fully verified.
• ✓Real redemption value is materially lower than the headline reward-rate suggests: rewards convert 1:1 into Scapia Coins, but Scapia Coins are only worth 5 coins = ₹1 when redeemed against flights/hotels/buses on the Scapia app. So this Visa card's 10% headline reward rate is worth roughly 2% of spend in actual redemption value, not a 10% cashback-equivalent card, despite how the headline number reads.
• ✓A materially higher 20% reward rate applies specifically to travel (flights/hotels/buses) booked and paid for inside the Scapia app itself — this is a channel bonus for booking through Scapia, not a blanket 'travel category' bonus that applies at any travel merchant.
• ✓No Scapia Coins are earned on international/foreign-currency transactions on this Visa card, even though the 0% forex markup itself does apply to those transactions — confirmed independently by at least two reviews (CardInsider, Wise). So international spend is markup-free but reward-free.
• ✓Reward exclusions (per the official MCC classification table, shared across both variants): no rewards on fuel, rent payments, money transfers, cash withdrawals, EMI transactions, forex transactions, education/school fees, gift cards, credit card repayments, crypto/digital-asset transactions, digital-wallet loading/top-ups, government services, or business services. Utility/telecom/cable and insurance-premium spends also stopped earning rewards entirely with effect from 27 Feb 2026 (previously they earned up to a ₹20,000/month cap before losing eligibility).
• ✓Scapia Coins expire after 36 months, and are also fully forfeited if the card sits unused for more than 365 days, or immediately upon account closure/termination or the cardholder's death.
• ✓Revolving credit and cash-advance interest is charged at 45% p.a. (3.75%/month) per Federal Bank's own fee disclosures — this is on the higher end of the Indian credit card market. Cash advance fee is 2.5% of the amount withdrawn or ₹500, whichever is higher, with no interest-free period on cash.
• ✓No-cost EMI is offered specifically for flight/hotel bookings made on the Scapia app when converted to a 3-month EMI (interest is rebated back by Scapia); EMI on other purchases carries standard interest (roughly 15–20% p.a. post-purchase EMI, per independent reviews) plus a processing fee (reported as ₹99–₹399 + GST depending on the source — not independently pinned down to one figure) and a foreclosure charge if closed early.
• ✓Late payment fees are tiered by statement balance, from ₹0 (balance under ₹100) up to ₹1,000 (balance over ₹50,000); overlimit fee is 2.5% of the excess (min ₹500); cash withdrawal/advance limit is capped at 10% of the credit limit.
• ✓Mail order/telephone order (MOTO) transactions are blocked entirely on this card by design — the card network shares transaction data with Federal Bank specifically to decline any attempted MOTO transaction.
• ✓No complimentary travel insurance, purchase protection, or other insurance cover is disclosed in the official Card Holder Agreement, Key Fact Sheet, or any independent review found for either variant.
• ✓Regulatory history worth flagging explicitly: in March 2024, RBI directed Federal Bank (and South Indian Bank) to pause issuance of new co-branded credit cards, which halted new Scapia Federal Credit Card sign-ups for a period. Independent reporting (TechnoFino, LiveFromALounge) indicates Scapia resumed onboarding new customers on the Federal Bank platform in 2025 after regulatory remediation. As of this record's verification date, Federal Bank's own apply page shows an active 'Apply Now' flow with no pause notice. In 2026 Scapia also expanded to a second issuing bank (Bank of Baroda/BOBCARD), with the app reportedly routing applicants to whichever bank partner is more likely to approve them; this multi-issuer safety net is itself informal, third-party-reported context rather than an official Federal Bank disclosure, so treat it as directional, not confirmed fact.
• ✓Minimum monthly/annual income eligibility is not stated anywhere in Federal Bank's own official disclosures for this card; only age (21–65 salaried, 25–65 self-employed) and Indian residency are specified officially. Any specific income figure seen elsewhere is not corroborated by an official Federal Bank source and has been deliberately left out of this record rather than backfilled from an aggregator.