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CREDIT CARD

Federal Bank Mastercard Signet Credit Card

Federal Bank

3x rewards on Electronics & Apparel, 2x on Entertainment and 1x on other categories, with no joining or membership fee on a limited period offer.

Lounge access needs ₹20,000+ spend in a quarter and applies in the next quarter. Fee-free status is a limited period offer w.e.f. 3 April 2023. Interest is dynamic, linked to banking relationship.

Federal Bank Mastercard Signet Credit Card
ANNUAL FEE
No annual fee
JOINING FEE
Not stated
REWARDS
Not stated
Earning terms not yet recorded
KEY BENEFIT
3x rewards on Electronics & Apparel; 2x on Entertainment; 1x on other categories
BEST FOR
Included: May suit spenders who can reach ₹20,000 a quarter for the lounge and Swiggy voucher benefits
Included: May suit spends on electronics and apparel, which earn 3x rewards.
Included: May suit entertainment spends and INOX movie ticket offers, once a quarter.
Included: May suit those who spend ₹20,000 or more each quarter.
Limitation: Those who would not reach ₹20,000 quarterly spend, which unlocks lounge access may wish to compare other cards.
Limitation: Those who want a published value per reward may wish to compare other cards.
Limitation: Those spending under ₹20,000 a quarter who want lounge access may wish to compare other cards.
Limitation: Those who carry a balance may wish to compare other cards.
Typical fit only. This is not personalised advice and not an indication of approval.
GOOD TO KNOW
Condition: 1 domestic lounge access in the next quarter after spending ₹20,000 or more in a quarter.
Condition: BOGO offer on INOX movie tickets, once a quarter (T&C apply).

Rewards & real value

What the card earns, and what changes that figure in practice.
WHAT THE CARD EARNS
EVERYTHING ELSE
Not stated
No earning rate recorded for this card
REWARD POINT VALUE
Not stated
Effective return cannot be calculated without it

Eligibility

Minimum income
Not stated
Minimum age
Not stated
Maximum age
Not stated

Fees & ownership

Joining fee
Not stated
Annual / renewal fee
No annual fee
Fee waived at
Not stated
Forex markup
Not stated
Finance charge
1.99% per month
Cash withdrawal fee
Not stated
Late-payment charge
Not stated
Interest-free period
Not stated

Benefits & privileges

TRAVEL
Domestic airport lounge
1 visit per quarter — 1 domestic lounge access in the next quarter · Unlock: ₹20,000 or more spend in a quarter. Guest and other terms sit in the Airport Lounge Offer T&C (not captured). · ₹20,000 or more in a quarter
International airport lounge
Not stated
Railway lounge
Not stated
Lounge spend requirement
Not stated
Lounge programme
Not stated
EVERYDAY
Fuel
Not stated
Dining
Not stated
RuPay / UPI
Not stated

Caps, exclusions and redemption

Major excluded categories
Not stated
Categories earning nothing
Not stated
Monthly reward cap
Not stated
Annual reward cap
Not stated
Reward point value
Not stated
Points expiry
Not stated
Redemption fee
Not stated
Minimum redemption
Not stated
Credited automatically
Not stated

Who this card may suit

MAY SUIT
Included: 3x rewards on Electronics & Apparel; 2x on Entertainment; 1x on other categories
Included: 3-2-1 rewards structure: 3x on Electronics & Apparel, 2x on Entertainment, 1x on other categories.
Included: Swiggy vouchers on quarterly spend of ₹20,000 and a BOGO INOX movie ticket offer once a quarter (T&C apply).
Included: Ongoing cashback offers across brands through the Federal Bank Mastercard Shop Perks program (T&C apply).
MAY NOT SUIT
Not stated
Typical fit only, based on the card’s own published terms. This is not personalised advice and not an indication of approval.
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Figures last checked 31 Oct 2026 against the issuer’s published terms.