Federal bank interest rate changes

[ghost of sparta]

https://www.federalbank.co.in/documents/10180/81307/Service%20charges%20and%20Fees-%20Credit%20Card.pdf/3722aab2-bb67-63da-6e71-8e2eca5b7868?t=1717240257567

 

[athul]

I just recieved an e-mail saying the same. With those rates they should bring in more offers tbh.

 

[real_name_hidden]

eral bank published revised charges today on their website.

Signet card - 750 JF, 750 Af
Imperio card - 1500 JF, 1500 Af
Celesta card - 3000 JF, 3000 Af

Applicable from July 21st, 2024

https://www.federalbank.co.in/docum...7-63da-6e71-8e2eca5b7868?t=1717240257567[/URL

Can you point out where it is written that offer ending on July 21st.
Or you're going by 1 month period for notice[/url]

 

[ghost of sparta]

Can you point out where it is written that offer ending on July 21st.
Or you're going by 1 month period for notice[/url]

Sorry forgot to attach, it's written in the email I received. I updated the post.

 

[real_name_hidden]

Sorry forgot to attach, it's written in the email I received. I updated the post.

Will apply for this tomorrow then. Hoping for celesta LTF😅

 

[shashankverma]

The fee is only for customers who got Credit Card before Apr 2023.
For the customers who joined later and those who will join in future it’s still LTF

 

[PRIYANSHU_]

I didn’t get it. Old LTF card will also become chargeable??

 

[ghost of sparta]

The fee is only for customers who got Credit Card before Apr 2023.
For the customers who joined later and those who will join in future it’s still LTF

Yeah that’s what I meant. If we apply after 21st July it will not be LTF

 

[shashankverma]

Can you point out where it is written that offer ending on July 21st.
Or you're going by 1 month period for notice[/url]

Only interest rates have changed. Cards will continue to be offered LTF

 

[athul]

I didn’t get it. Old LTF card will also become chargeable??

No. Their LTF offer is ending. If your card is LTF it'll stay LTF.

 

[shashankverma]

Yeah that’s what I meant. If we apply after 21st July it will not be LTF

That’s not true. Please don’t misunderstand and provide unverified info.

 

[gauravbhati]

Will apply for this tomorrow then. Hoping for celesta LTF😅

What are the features of Celesta ?
Do they offer c2c process??

 

[athul]

Only interest rates have changed. Cards will continue to be offered LTF

W.e f July 21 they'll be charged joining fee and annual fee.

 

[ghost of sparta]

That’s not true. Please don’t misunderstand and provide unverified info.

What is there to misunderstand? The document said JF & AF applicable after July 21st

 

[shashankverma]

What is there to misunderstand? The document said JF & AF applicable after July 21st

Where exactly in document?
Please paste a snapshot

 

[AlgoTrader]

And here I'm, whose application got rejected last month and cool off period ends only on August

 

[ghost of sparta]

Where exactly in document?
Please paste a snapshot
View attachment 58251

 

[Premium]

Yes, just got the mail. Good thing got the card last month.

Fees would be applicable for new cards applied after 21 July 2024.

 

[Fini7777]

The card will be LTF for the customers onboarded between apr 2023 and till july 21st 2024
after july 21st the new applicants have to pay JF and AF
This is what they mentioned in that document

 

[stoptomove]

It says changes in annual intrest rate