Scapia Credit Card co-branded With Federal Bank Full Details.

[TechnoFinoTechnoFino is verified member.]

SCAPIA TECHNOLOGY PVT. LTD (a fintech company) and Federal Bank are set to launch a co-branded credit card. Let's examine its benefits and reward system:
[Apply for LTF Scapia Federal Bank Credit Card: https://bit.ly/TFSCF ]



Benefits:

1. Unlimited domestic lounge access (unlock after spending 5000 in a month)
2. Zero Forex Markup Charges

Fees: Lifetime Free Credit Card. No joining fees, No annual fees.

Reward System:
Online & Offline Spends: earn 10 Scapia coins for every Rs. 100 spent.
Travel Booking on Scapia App: 20 Scapia coins for every Rs. 100 spent.

No reward points on international spends

Redemption:
5 Scapia coins = Rs. 1
You can redeem them for booking flights and hotels on the Scapia app.

Reward Rate: Normal spends - 2%
Travel booking via Scapia - 4%

Opinion: The benefits offered by this card look impressive. The inclusion of unlimited domestic lounge access is quite unexpected for a lifetime free card. However, one need to spend Rs. 5000 in month to get unlimited domestic lounge access. We'll have to wait for the detail terms and conditions to get a better idea about the card.
Apply for LTF Scapia Federal Bank Credit Card: https://bit.ly/TFSCF

 

[Akashn]

they just started issuing cards from yesterday itself to the existing federal bank customers who has Fi or Jupiter account. But I applied two weeks ago that's why my application was on hold till today.

If i open fi or Jupiter account today would that be useful for scapia cc process?

 

[KingAAR]

If i open fi or Jupiter account today would that be useful for scapia cc process?

i dont think so much would help.. better apply without opening any fed bank accounta

 

[krishc]

Have Fi and Jupiter. Applied 2 weeks ago. Today got the card with 159600 limit without VKYC, just Adhaar OTP.

CIBIL hit ?
any option to update delivery address?

 

[rp0703]

CIBIL hit ?
any option to update delivery address?

Cibil Hit of 5K
Address updation option I didn't check. It automatically selected my home address, so I went ahead with application.

 

[rp0703]

If i open fi or Jupiter account today would that be useful for scapia cc process?

Not sure. You can try.

 

[haroldh]

Anyone applied after rejection?

 

[BUDHRAJ]

any fi or jupitor holder who applied in last 1-2 days after the new update in which they allow existing federal customer onboarding ?

 

[krishc]

Cibil Hit of 5K
Address updation option I didn't check. It automatically selected my home address, so I went ahead with application.

Hope the CIBIL hits is of CC and not PL

 

[krishc]

unfortunately for me, I need the address updation option
thanks to Jupiter (who doesn't think updating address is important enough), my old address is in Federal Bank records

 

[sdhabib]

any fi or jupitor holder who applied in last 1-2 days after the new update in which they allow existing federal customer onboarding ?

Pata nahi new update kab aaya lakin maine 27 june ko apply kiya tha mera aaj approved hua or mere pass jupiter account hai

 

[rp0703]

Hope the CIBIL hits is of CC and not PL

CC

 

[CardSeeker]

they just started issuing cards from yesterday itself to the existing federal bank customers who has Fi or Jupiter account. But I applied two weeks ago that's why my application was on hold till today.

proof required like ITR or Payslip ?

 

[rp0703]

proof required like ITR or Payslip ?

None. I got card within 5 minutes.

 

[BUDHRAJ]

unfortunately for me, I need the address updation option
thanks to Jupiter (who doesn't think updating address is important enough), my old address is in Federal Bank records

same issue here, fi is not in mood of address update.

well as far as i know, there is option in scapia application to update address while applying.

did you try applying for scapia yet ?

 

[krishc]

same issue here, fi is not in mood of address update.

well as far as i know, there is option in scapia application to update address while applying.

did you try applying for scapia yet ?

didn't try yet
don't want to risk a CIBIL hit until this address issue is addressed

 

[kowsikbabu]

scapia apparently started onboarding for existing federal savings account holders
according to app new update in google play

Federal Bank Savings account holder here:

I had decided to apply on July 10 after seeing this message.

I had 5 enquires in the last 6 months.

Installed app, got invite code, shown limit of 4.8L, Federal Bank hit CIBIL after entering PAN details, Verified with Aadhaar; all within 10 minutes.

In the end, received the static image of "Application under review... will respond within 3 days"

Opened the app just now to check status, and to my surprise, I got the Virtual card, and the notification that my Physical card is on its way. IMAGINE MY SHOCK

 

[Avijeet]

Any referral link for SCAPIA?

 

[StanRoute66]

Any referral link for SCAPIA?

dm me .

 

[kowsikbabu]

Any referral link for SCAPIA?

If you still haven't got it, you can DM me too!

 

[nirmalya]

You can DM me if you need a referral.