Unveiling the Features of the Federal Bank Stellar Savings Account

Key Features of the Stellar Savings Account:

1. Milestone Rewards:

  • Earn rewards by meeting specific goals with your account, making saving money even more rewarding.
  • Achieve milestones like making a ₹10,000 deposit within 30 days or using the Fedmobile app for bill payments to earn reward points.
  • Enjoy additional rewards on special occasions, such as your birthday month.

2. Milestone Reward Breakdown:

  • Remit ₹10,000 within 30 days: 100 Reward Points
  • 1st Bill payment through Fedmobile within 60 days: 100 Reward Points
  • Open RD within 90 days: 100 Reward Points
  • Spend ₹50,000 with Debit Card within 180 days: Gift Voucher
  • Spend ₹2,000 in your B’day month: Gift Voucher

3. Free One-Year Wellness Plan:

  • Enjoy a complimentary wellness plan focusing on fitness, mental health, telemedicine, and offline care for the first year.
  • Includes access to fitness tracking, psychologist consultations, and virtual healthcare services for comprehensive well-being.

4. Insurance Coverage:

  • Benefit from a special insurance plan with coverage exceeding ₹10 lakhs at no additional cost.
  • Provides up to ₹10 lakh for accidents or permanent disability and ₹1,000 per day for hospital stays up to 10 days.

5. Eco-Friendly Stellar Debit Card:

  • A debit card that lets you save money and care for the environment with offers that save you up to ₹50,000 annually.
  • Withdrawal Limit: ₹50,000
  • Shopping Limit: ₹3,00,000
  • Issuance Fee: ₹300
  • Annual maintenance charges waived with ₹75,000 annual spending.

6. Reward Points on Debit Card Spends:

  • Earn reward points faster on various purchases, including travel, gadgets, and fashion.
  • 5X Reward Points on travel-related spending
  • 3X Reward Points on gadgets and electronics
  • 2X Reward Points on fashion purchases
  • Maximum of 1,000 Reward Points per month

Why Choose the Stellar Savings Account?

  • Perfect for those looking to maximize their savings potential while enjoying lifestyle and wellness benefits.
  • A minimum Average Monthly Balance of ₹10,000 is required to avail of these benefits.