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

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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 ]

Screenshot_20230615_092733_Samsung Internet.jpg

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
 
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when do federal banks start issuing 2nd cards for existing cardholders?
I want to apply for Scapia but dont want to close the existing LTF federal core card as well.
 
Hey,
I registered waitlist today morning and got code noon.

I hold a federal bank account through fi money

I applied and asked for basic information and asked permission to check cibil with otp then says conditionally approved and requested some information to decide limit.

Then asked about my working details, staying place, and family details.

After that, it says can't provide credit card at this time and wait for 90 days.

also posted some typical reasons list for rejection. But, in that, one point says need to surrender all your federal bank CCs and loans and then try again after 90 days.

So, On the whole, the federal bank allows only one credit card.

No cibil enquiry alert till now after an hour. Maybe later. I don't know.

This is the first time I am applying for federal bank. cibil 765, self-employed, But, recently 4 enquires in cibil. 2 for shared limit card and 2 for new card. all are approved but not reflected in cibil. only enquires reflected in cibil. May more enquires may be the reason.
Itne nakhre to home loan approval mein bhi nahi hain and this is just credit card of some startup company.
 
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