Introduction Federal Bank Scapia Credit Card: If you’re a frequent traveler and want a credit card that seamlessly complements your globetrotting adventures, the Federal Bank Scapia Credit Card might be your perfect travel companion. In this comprehensive guide, we’ll delve into the nitty-gritty details of this card, covering everything from its remarkable benefits and features to its fee structure, eligibility criteria, and how to apply. So, fasten your seatbelts as we embark on a journey through the world of the Federal Scapia Credit Card.
Table of Content
- Table of Content
- Federal Bank Scapia Credit Card Overview
- What Is the Federal Bank Scapia Credit Card?
- What Are the Benefits and Features:
- Other Features
- Travel Benefits of Federal Bank Scapia Credit Card:
- 4. Rewards Programs: Scapia Coins
- Scapia Offers:
- Features of Scapia Application:
- What Are the Charges And Fees
- Eligibility criteria for the Federal Bank Scapia Credit Card
- Conclusion
- Our Banking Calculators
- FAQs
Federal Bank Scapia Credit Card Overview
The Federal Bank Scapia Credit Card is a collaboration between Federal Bank and Scapia Technology Pvt. Ltd. Designed with travelers in mind, it offers a host of exclusive benefits and multiple reward programs that enhance your travel experience. What sets this card apart is its focus on travel perks, making it a top choice for those who are always on the go.
| Features | Benefits |
|---|---|
| Joining Fee | Nil (No joining fee) |
| Annual Fee | Nil (No annual fee) |
| Unlimited Lounge Access | Relax in domestic airport lounges with a minimum spend of Rs. 5,000. |
| Scapia Coins Rewards | Earn 10% Scapia Coins on all online and offline spending and 20% on travel bookings via the Scapia app. |
| No Joining and Annual Fees | Enjoy a lifetime-free card with zero joining and annual fees. |
| Transaction Management | Take control with the Scapia app: manage permissions, set transaction limits, and more. |
| Zero Forex Markup Charges | Pay in foreign currency with no additional fees on international transactions. |
| Instant Redemption | Redeem Scapia Coins instantly for flights and hotel bookings through the Scapia app. |
| In-App Repayment | Conveniently pay your bills within the app. |
What Is the Federal Bank Scapia Credit Card?
At its core, the Federal Bank Scapia Credit Card is a financial tool that empowers you to make the most of your travel experiences. Whether you’re a globetrotter or enjoy frequent domestic getaways, this card is tailored to cater to your specific needs. It combines seamless digital onboarding with immediate activation, ensuring that you’re ready to explore the world without delay. Moreover, your physical card will arrive within just two to five days, so you can begin reaping the rewards of your travels.
What Are the Benefits and Features:
The Federal Bank Scapia Credit Card is loaded with a plethora of benefits and features that make it an attractive choice for travelers. Here’s a closer look at what you can expect:
1. Unlimited Lounge Access: Imagine waiting for your flight in the comfort of a luxurious airport lounge. With a minimum spend of Rs. 5,000, this card grants you unlimited domestic lounge access. It’s your VIP pass to relaxation before takeoff.
2. Scapia Coins: Every transaction you make using the Federal Scapia Credit Card brings you rewards in the form of Scapia Coins. Earn 10% of Scapia Coins on every online and offline purchase, and an impressive 20% on travel bookings made through the Scapia app. These coins are your ticket to exclusive travel benefits.
3. No Joining and Annual Fees: The Federal Scapia Credit Card is exceptionally wallet-friendly. You won’t be burdened with any joining or annual fees. Travel enthusiasts can save more for their adventures.
4. Transaction Management: Take control of your card with the Scapia app. Manage permissions, set transaction limits, and enjoy the flexibility of hassle-free spending.
5. Zero Forex Markup Charges: International transactions often come with hefty forex markup fees. Not with the Federal Bank Scapia Credit Card. Say goodbye to these charges and enjoy worry-free spending abroad.
Other Features
6. Instant Redemption: Scapia Coins can be redeemed instantly on the Scapia app for flights and hotel bookings. Your rewards can be put to use without any delay, making your travel experiences even more convenient.
7. In-App Repayment: The Scapia app also allows you to make in-app repayments. Manage your card and your finances with ease, right from your smartphone.
8. Extensive Travel Options: The Federal Scapia Credit Card opens doors to a world of travel options. Choose from over 5 lakh stays and global airlines, all accessible through the app. You’ll have a vast array of choices for your next adventure.
9. Quality Customer Service: Travel sometimes comes with unexpected twists and turns. That’s why the Federal Scapia Credit Card ensures quality assistance with 24×7 customer service. Help is just a phone call away, no matter where you are.
Travel Benefits of Federal Bank Scapia Credit Card:
The travel benefits of the Federal Bank Scapia Credit Card are designed to enhance your journeys and save you money:
1. Zero Forex Mark-up Charges: When you shop abroad, you’ll enjoy the advantage of zero forex mark-up charges. This means you won’t incur additional fees when making international transactions. Your money stays in your pocket, where it belongs.
2. No-Cost EMI for Travel Transactions: The convenience of No-Cost EMI is extended to your travel transactions made on the Scapia app. This feature allows you to convert the amount into easy monthly installments. It’s an excellent way to budget for your travel expenses, with interest charges as per standard rates.
3. Complimentary Airport Lounge Access: Access to domestic and international airport lounges is a privilege reserved for Federal Bank Scapia Credit Card holders. Spend a minimum of Rs. 5,000 in a billing cycle to unlock this facility. Once eligible, you’ll enjoy unlimited lounge access within five working days of your billing date, ensuring a seamless travel experience.
4. Rewards Programs: Scapia Coins
The Federal Scapia Credit Card rewards you through Scapia Coins:
- Scapia Coins are credited to your card account based on your transaction value and purchase category. They can be redeemed for hotel and flight bookings through the Scapia app or used against various offers displayed in the app.
- Regular purchases across any category earn you Scapia Coins.
- Please note that Scapia Coins cannot be earned for certain transactions, such as money transfers, rent payments, cash withdrawals, EMI transactions, and digital wallet loading or top-up transactions.
- On every purchase of Rs. 10 and above, cardholders earn 10% Scapia Coins.
- Travel purchases made through the Scapia App earn cardholders 20% Scapia Coins.
- Bonus coins can be earned for non-financial transactions, such as activating a card or referring a friend.
- The redemption of Scapia Coins does not incur any additional charges and is deducted automatically from your accumulated Scapia rewards.
- Simply swipe the redemption switch to the right in the flight or hotel booking screen to redeem Scapia Coins.
- The value of each Scapia Coin is Re. 1.
Scapia Offers:
The Federal Scapia Credit Card also provides cardholders with access to various discounts and offers from partner merchants. While Scapia Coins are a fantastic way to earn rewards, they may not be available on specific products, services, or merchandise if reward programs are not offered. In the event of any fraudulent activity, Scapia reserves the right to disqualify cardholders from availing of these benefits. Detailed information about offer terms and eligibility is provided in the Scapia application. It’s important to note that Scapia does not entertain delays or losses in the delivery of goods and services through participating merchants.
Features of Scapia Application:
The Scapia app offers cardholders a range of features to help manage their cards effectively:
- Raise complaints or queries related to any card disputes.
- Pay your credit card bill securely through the app.
- Manage or set your credit card PIN.
- Enable or disable international, domestic, and online card usage.
- Activate your card conveniently via the app.
- Set credit card transaction and cash withdrawal limits according to your preferences.
What Are the Charges And Fees
| Fee Type | Amount |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Card Replacement Fee | Rs. 200 |
| Forex Markup Fee | Zero |
| Late Payment Charges | Vary based on outstanding balance |
| Cash Advance Fees | Rs. 500 or 2.5% of the withdrawn amount, whichever is higher |
| Interest Rate for EMI Transactions | 16.00% |
| Interest-Free Period | Up to 48 days |
| Interest for Cash Withdrawals | 41.88% from the date of withdrawal (3.49% per month) |
| Interest Rate for Revolve | 41.88% (3.49% per month) |
| Cash Advance Limit | Up to 10% of Card Limit |
| Payment Due Date | 18 days from the billing date |
| Preclosure Charges | If closed before the tenure, then 2.00% + GST would be charged on the remaining principal |
| Loan Processing Fee | Rs. 200 or 2.50%, whichever is more |
Eligibility criteria for the Federal Bank Scapia Credit Card
| Eligibility Criteria | Requirements |
|---|---|
| Age | Primary cardholder: 18-70 years |
| Income | Salaried: As per the bank’s requirement. Self-employed: As per the bank’s requirement. |
| Nationality | Indian residents and non-resident Indians (NRIs) with a valid Indian address. |
| Credit Score | A good credit score is typically required for approval. |
| Documentation | Valid KYC documents, income proof, and other documents as requested by the bank. |
Conclusion
In conclusion, the Federal Scapia Credit Card is a tailor-made financial tool for avid travelers. With a plethora of benefits, including unlimited lounge access, Scapia Coins rewards, no annual fees, and zero forex markup charges, it simplifies and enhances the travel experience. The card’s user-friendly features and attractive rewards make it a compelling choice for those with a passion for exploration. So, if you’re ready to embark on your next adventure, consider the Federal Scapia Credit Card as your ideal travel companion.
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FAQs
Yes, you can efficiently manage your Federal Scapia Credit Card through the Scapia mobile application. You can perform various activities within the app, including setting your card PIN, activating your card, managing transaction limits, making bill payments, enabling or disabling international, domestic, and online card usage, and raising disputes and queries.
For customers in India, you can reach the contact center via the toll-free numbers 1800-425-1199 or 1800-420-1199. If you are an international customer, the contact number is 080-61991199. These contact center numbers are available to assist you with any inquiries or issues related to your Federal Scapia Credit Card.
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