Federal Bank RuPay Signet Credit Card
Federal Bank · RuPay · Entry card
Adds a lifetime-free Federal Bank RuPay option with category rewards and a spend-gated lounge visit.
UPI users wanting a no-fee Federal Bank card with occasional category and lounge benefits.
Terms checked 23 Sept 2026
- Annual fee
- Lifetime free
- Joining fee
- ₹0
- Base reward rate
- 0.1%
- Forex markup
- Not published
Reward rates by spending category
Published catalogue rates before caps and merchant-category exclusions.
| Category | Recorded rate |
|---|---|
| Entertainment & movies | 0.3% |
| Online shopping | 0.1% |
| Groceries & essentials | 0.1% |
| Dining & delivery | 0.1% |
| Travel & hotels | 0.1% |
| Bills & utilities | 0.1% |
| Beauty & wellness | 0.1% |
| Education & family | 0.1% |
| Healthcare & pharmacy | 0.1% |
| Subscriptions & streaming | 0.1% |
| Offline store shopping | 0.1% |
| International spending | 0.1% |
| Gold & jewellery | 0.1% |
| Insurance premiums | 0.1% |
| Other miscellaneous | 0.1% |
| Fuel & commute | 0% |
| House rent | 0% |
Caps and fee waiver
- Reward caps
- No general cap recorded
- Annual fee waiver
- Not needed
- Monthly income requirement
- Not listed
Airport lounge access
4 domestic airport lounge visits per year
1 domestic airport lounge visit per quarter · Issuer card
Guest access: Not available
Requires ₹20,000 per Calendar quarter for the following calendar quarter
Spend condition: Spend ₹20,000 in a calendar quarter to unlock one domestic visit in the next quarter.
Benefits & conditions
Expand a category to see recorded benefits, fees and eligibility, with conditions and links to the sources. Categories without recorded details are grouped below; missing information does not mean a benefit is unavailable.
Rewards and cashback · 4 items
Electronics and apparel rewards
Usage-based valueThree points per ₹200 only when the transaction is identified as eligible electronics or apparel spend.
Conditions: Three points per ₹200 only when the transaction is identified as eligible electronics or apparel spend.
Entertainment rewards
Usage-based valueTwo points per ₹200 on eligible entertainment purchases.
Other eligible rewards
Usage-based valueOne point per ₹200 on other eligible retail transactions.
Three points per ₹200 on eligible electronics and apparel, and two on entertainment
Shown without a cash value
Fees · 1 item
Lifetime-free annual fee
Recorded value ₹-0No annual card fee is recorded under the currently reviewed terms.
Welcome benefits · 1 item
₹200 Amazon Pay voucher
Recorded value ₹200Welcome voucher after the introductory spend target.
Conditions: Spend ₹3,000 on eligible purchases within 30 days of card issuance
Spend milestones · 1 item
Swiggy voucher after ₹20,000 eligible calendar-quarter spend; voucher face value is not published on the current page
Shown without a cash value
Airport lounge access · 1 item
Domestic lounge access
Usage-based value1 visit per quarter through Issuer card. Guest access: not available.
Conditions: Spend ₹20,000 per calendar quarter
Movies and entertainment · 1 item
Quarterly INOX buy-one-get-one offer under current issuer terms; no unsupported rupee cap is assumed
Shown without a cash value
Insurance and protection · 1 item
Personal-accident cover up to ₹2 lakh under RuPay programme terms
Shown without a cash value
Concierge · 1 item
24-hour concierge and RuPay merchant offers
Shown without a cash value
Foreign-currency charges · 1 item
Forex markup not established
Usage-based valueThe current product-specific source does not establish a forex rate; recommendations use a conservative cost allowance when international spend is entered.
Conditions: Applies to eligible foreign-currency transactions
Eligibility and availability · 1 item
Application eligibility
Shown without a cash valueApplication availability: open. No universal verified numeric income threshold is used as a hard filter. Federal Bank publishes age and documentation criteria but no universal numeric income threshold for Signet.
Other benefits · 2 items
1% fuel-surcharge waiver under issuer terms
Shown without a cash valueLifetime-free RuPay card with merchant-UPI support
Shown without a cash value
Other categories (7)
These categories have no detailed entries. We distinguish confirmed absences from information that still needs review.
Fee waiver
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Card tiers
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Travel privileges
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Dining
Details not yet availableThe reviewed issuer sources publish this benefit; its exact conditions are retained in the card benefit profile.
Official source 1 ↗Official source 2 ↗Golf
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Fuel benefits
Details not yet availableThe reviewed issuer sources publish this benefit; its exact conditions are retained in the card benefit profile.
Official source 1 ↗Official source 2 ↗Memberships
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗
What stands out
- ✓ Lifetime-free RuPay card with merchant-UPI support
- ✓ Three points per ₹200 on eligible electronics and apparel, and two on entertainment
- ✓ One domestic lounge visit in the next quarter after ₹20,000 quarterly spend
- ✓ ₹200 Amazon Pay welcome voucher, quarterly Swiggy voucher and quarterly INOX offer
What to watch
Federal Bank does not publish one numeric income threshold or product-specific forex markup. Reward redemption starts at 500 points and carries a fee from ₹99; the lounge and Swiggy benefits require ₹20,000 quarterly spend.
Recorded exclusions
Fuel Commute · Rent · Wallet load · Cash withdrawal
How GainFair evaluates this card
The personal card advisor applies your monthly spending to category rates, limits rewards at the applicable caps, adds eligible movie, milestone and lounge value, and subtracts annual fees plus foreign-currency markup and GST. It can recommend keeping your current cards when a new card does not create enough incremental value.
Compare against
These cards have the closest mix of purpose, reward style, fee model and tier. They are suggestions for comparison, not rankings.
Issuer sources
Open the sources used for this card's product details, rewards, fees and eligibility.
Sources checked 23 Sept 2026 · Latest recorded change effective 3 Apr 2023