Abhishek012
TF Pioneer
Effective 15th Jul'24, Federal bank Credit/Debit Card Devalue:
Link:
www.federalrewards.in
W.e.f 1st June'24 for all redemptions, instore & online, a maximum of 70% of the transaction amount can be paid through Federal Reward Points and the balance amount has to be paid via Federal Bank Debit/Credit cards.
Link:
Federal Rewards
- Effective 15th Jul'24, the transactions related to Financial institutions (6012), Insurance (6300 &5960) & Quasi Cash (6051 & 6050) will not earn federal reward points.
- Effective 15th Jul'24, the reward points accrued for Insurance transactions will have a monthly capping of 250 points per card per calendar month.
- Effective 15th Jul'24, Redemption of Federal points towards ‘Cash’ to Credit Card account will be computed at 10 paise per point.
- Effective 15th Jul'24, Reward points accrued for Internet Banking transactions will have a monthly capping of 100 points per calendar month.
- Effective 15th Jul'24, Reward points accrued for Mobile Banking transactions will have a monthly capping of 100 points per calendar month.
W.e.f 1st June'24 for all redemptions, instore & online, a maximum of 70% of the transaction amount can be paid through Federal Reward Points and the balance amount has to be paid via Federal Bank Debit/Credit cards.
