Scapia Federal Bank Credit Card
About Scapia Federal Bank Credit Card
The Federal Bank Scapia Credit Card has disrupted the travel credit card segment in India by removing the 3.5% cross-currency conversion markup completely with zero annual fee. For frequent overseas travelers and international shoppers, this single feature represents massive guaranteed savings.
Rewards and Benefits
Verified privileges, welcome benefits, movie discounts, and airport lounge schedules.
| Category | Details & Conditions |
|---|---|
| 🌐Zero Forex Markup | 0.00% foreign exchange markup on all international payments worldwide. Zero currency conversion surcharge |
| 💳Supported Networks | Available across both Visa and RuPay payment networks with instant virtual card setup |
| 🛋️Domestic Airport Lounge Access | Unlimited domestic lounge access unlocked upon spending ₹20,000 combined across Visa/RuPay cards in the previous calendar month |
| ✈️Travel Spends Rewards | 10% Scapia Coins on eligible flight and hotel bookings made within the Scapia app (equivalent to 2% value back) |
| ⚡Everyday Retail Spends | 5 Scapia Coins per ₹100 spent on all eligible domestic retail purchases (equivalent to 1% value back) |
| 💰Instant Travel Redemption | 5 Scapia Coins = ₹1 value back. Redeemable 100% against flights and hotels on Scapia app with zero convenience or redemption fee |
| 🛋️International Lounge Access | N/A (Focuses on domestic airport lounges and zero forex markup) |
| 🛡️Insurance & Security | Complimentary lost card liability and real-time transaction control via Scapia app |
Fees & Charges
Transparent schedule of annual charges, spend-based reversals, finance APR, and cash advance rates.
| Fee / Charge | Amount & Conditions |
|---|---|
| Joining Fee | Nil (₹0)Unconditionally Lifetime Free onboarding. |
| Annual Renewal Fee | Nil (₹0 Forever)Zero annual maintenance fees for life. |
| Spend-Based Waiver | Unconditionally Lifetime FreeNo annual spend milestones required to keep the card free. |
| Foreign Currency Markup | 0.00% (Zero Forex)Zero markup on international online and offline POS payments. |
| Lounge Spend Milestone | ₹20,000 Monthly Spend ConditionSpend ₹20,000 in previous calendar month across Visa/RuPay to unlock lounge passes. |
| Rewards Redemption Fee | ₹0 (Zero Fees)Zero booking or redemption fee when using Scapia coins for travel. |
| Interest Rates | 3.49% Per Month (41.88% Annually)Finance charges apply on unpaid revolving statement balances. |
| Cash Advance Charges | 2.5% of transaction amount or minimum ₹500Standard cash advance charge. |
Product Details
Pros & Cons
Scapia Federal Bank Credit Card Features and Benefits
Comprehensive overview of welcome benefits, quarterly spend bonuses, dining privileges, and renewal fee waiver milestones.
0% Foreign Currency Markup
Spend internationally without the punitive 3.5% + GST fees charged by traditional banks. Ideal for overseas holidays and foreign currency online shopping.
Spend-Linked Lounge Access
Achieve ₹20,000 in monthly spends across Visa/RuPay cards to generate complimentary domestic airport lounge passes directly in the Scapia app.
Dual Network Support
Choose between Visa and RuPay network issuance, enabling tap & pay abroad and merchant UPI scan & pay domestically.
Seamless Travel Redemption
Redeem your Scapia coins instantly at 5 Coins = ₹1 with no convenience fee, seat selection lock, or point expiration on active accounts.
Scapia Coins Earning & Valuation
Coins are awarded on every eligible transaction and credited to your Scapia account. 5 Scapia Coins equals ₹1 in travel redemption value.
Cashback Settlement Schedule
Direct monthly statement adjustment and value realization rates.
| Settlement Channel | Cashback Realization | Notes |
|---|---|---|
| Scapia Travel Bookings (Flights & Hotels) | ₹0.20 per Coin (5 Coins = ₹1) | Direct booking against domestic and international airlines and hotels in Scapia app with zero convenience fee |
Exclusions on Rewards Points / Cashback
In compliance with regulatory terms, the following spending categories are not eligible to earn reward points:
Eligibility Criteria for Scapia Federal Bank Credit Card
The following table illustrates the income-based and age-based underwriting criteria:
| Criteria | Salaried Employees | Self-Employed Individuals |
|---|---|---|
| Age | 21 – 60 Years | 21 – 65 Years |
| Income Proof | Minimum ₹25,000 Per Month | Minimum ₹3,60,000 Per Annum |
| Credit Score (CIBIL) | 730+ recommended | |
How to Apply for Scapia Federal Bank Credit Card
Simple 4-step digital application process directly on the official issuer portal:
Check Eligibility
Click "Apply Now" to open the official bank application portal.
Enter Details
Provide your mobile number, PAN, and employment information.
Complete Video KYC
Verify your identity via paperless Aadhaar OTP or a quick 2-minute Video KYC.
Receive Card
Get instant virtual card access and physical card delivery within 5-7 working days.
CardIntel Score v1.1
Objective Card Quality Breakdown
CardIntel Score v1.1 measures structural card quality against a fixed ₹6 lakh annual benchmark. It evaluates 9 factors including Net Ownership ROI, without affiliate commission, editorial preference, or card slug heuristics.
2.00% effective benchmark return
Zero ownership cost with exceptional net return
No monthly or category ceilings
Travel Portal
Domestic (5/5) + Intl (0/3) + Terms (1/2)
0% forex markup
Open retail availability
0 benefit pillars qualified
Zero material reward conditions (7/7 pts)
Why this score?
Excellent forex terms, exceptional net ownership ROI and unrestricted reward cap headroom. The score is reduced by the restricted redemption options and modest base reward yield.
Scapia Federal is immediately cost-positive from ₹0 spend (Lifetime Free or welcome benefits exceed initial fee).
4-Layer Financial Intelligence
Card Economics & Net ROI
Evaluating real economic return after accounting for benchmark spending (₹6,00,000/yr), effective annual fee, and verified category caps.
Calculate Your Real Returns
What You'll Actually Earn
Calculated using CardIntel's deterministic reward rules, fee waivers, and merchant accelerated caps.
Frequently Asked Questions (FAQs)
Official guidance on applications, reward redemptions, credit limit assignments, and customer support.
Yes, the Scapia Federal Bank Credit Card is 100% Lifetime Free with zero joining fee and zero annual maintenance fee forever.
Verified Bank MITC Provenance
All reward percentages, exclusions, and annual fee waiver rules for Scapia Federal Bank Credit Card are verified directly against official bank regulatory filings and Most Important Terms and Conditions (MITC).
CardIntel may earn referral fees from eligible application links. These fees never influence CardIntel Scores, rankings, or recommendations.
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