Just received this email. Any idea if Fi account is impacted? I hold Fi account and got this email.
We are writing this communication to inform you about the revisions made to the Reward Points Program on your Federal Bank Credit/ Debit Card, which comes in to effect from 1st Jan 2024. |
Kindly note that transactions done on categories/MCCs like Fuel & Government Services will not be eligible for reward points. As a matter of fact, Federal Bank does not define the merchant category and the transactions for each category are identified through Merchant Category codes (MCC), defined by the Network, e.g., Visa, MasterCard and RuPay. |