Looking for a credit card with no joining fee, great cashback, and exciting rewards? The Federal Edge Co-Branded Credit Card could be the perfect choice for you! Here’s a breakdown of its features and benefits.
1. No Joining Fee
Start using your card with zero upfront costs! Unlike other credit cards, there’s no joining fee required to activate the Federal Edge Credit Card.
2. Annual Fee Waiver
- First-year annual fee? None!
- From the second year onward, if you spend ₹1.2 lakhs in the previous year, your annual fee will be waived.
3. Cashback Offers
Enjoy generous cashback benefits:
- 2% cashback on travel, dining, and shopping.
- 0.4% assured cashback on international transactions.
4. Reward Programme
Earn Jewels for your spending:
- 2 Jewels/₹100 spent on regular transactions.
- 10 Jewels/₹100 spent at selected merchants (up to 15,000 Jewels/billing cycle).
Redemption: - 5 Jewels = ₹1.
- Redeem for cash via Federal Bank or digital gold via Jupiter App.
5. Airport Lounge Access
- Get 1 free domestic lounge access every 3 months!
- Eligibility: Spend ₹90,000 in the quarter.
- How it works: You’ll receive a lounge access voucher via SMS/email. Valid for 3 months.
6. User-Friendly Controls
Manage your card with ease! The 1 Click Card Controls feature lets you:
- Track spending.
- Turn off your card instantly if lost/stolen.
7. Instant Repayment
Say goodbye to deadlines and late payments! The in-app instant repayment feature allows you to clear transactions anytime, anywhere.
8. Why Choose the Federal Edge Credit Card?
It’s perfect for those seeking:
- No joining fee.
- Cashback on regular spending.
- Easy rewards redemption.
- Lounge access perks.
- User-friendly controls.