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

 

[PayKaroAbhi]

existing customer of Federal?

Nope existing customers aren't getting it quickly, non federal customers are getting it.

 

[RkrRkr is verified member.]

I have the card, here's my quick review

App:
Clean and functional

Benefits:
0% forex markup on credit. (Really good as forex card) Rate will be https://www.visa.co.in/support/consumer/travel-support/exchange-rate-calculator.html
Lounges (Unlimited domestic for primary on spend of 5k in previous cycle)

Target audience
Travelers

Points system
You earn scapia coins where each coin is worth 0.2 Rs
2% regular spends
4% on booking travel via scapia app
No rewards on rent/forex/crypto/taxes/education. That includes foreign spends

Redemption
Booking Hotel/Flights using an integration with an aggregator. Interface works well

Card:
The design of the card is a youthful orange with a traveler graphic. Will get a second look at the POS machine. Unboxing fans will really love the packaging


Future expansion
They are bringing BNPL for travel

Things they need to do
Onboard booking and rewards for IRCTC, Redbus, outstation cab providers

In all if you are a young travel enthusiast, APPLY for this card.

When did you get this card ?
How is onboarding experience and card uses experience?
Customer care service experience..

 

[sinew]

Did u get any cibil enquiry from federal Bank after applying for this card ??kindly let me know ..federal Bank is notorious for rejection if enquiries are more

Cibil enquiry yes

 

[sinew]

When did you get this card ?
How is onboarding experience and card uses experience?
Customer care service experience..

Got it pre launch
Onboarding good, card experience good
customer service could do better

 

[sivarock]

Cibil enquiry yes

cibil enquiry happened after enter cibil otp or later? I also applied today at noon and was rejected. Still, now no enquiry reported in cibil.

 

[sinew]

cibil enquiry happened after enter cibil otp or later? I also applied today at noon and was rejected. Still, now no enquiry reported in cibil.

after providing enquiry authorization yes.
It was sometime ago, so dont remember exact details

 

[alanabraham]

Those who have fed credit cards don't apply for it. You will hit with straight rejection.
Fed Bank have a policy of One Card per customer.

 

[krishc]

Those who have fed credit cards don't apply for it. You will hit with straight rejection.
Fed Bank have a policy of One Card per customer.

what about people with Federal Savings account but no credit card ?

 

[ccgeek07]

what about people with Federal Savings account but no credit card ?

I don't think there'll be restrictions for savings accountholders.

 

[RkrRkr is verified member.]

Those who have fed credit cards don't apply for it. You will hit with straight rejection.
Fed Bank have a policy of One Card per customer.

For existing Federal Credit card users ,this card seems to be Scrapia not Scapia.😂😂😂

 

[RkrRkr is verified member.]

I don't think there'll be restrictions for savings accountholders.

you will get.Download the app and fill the details and then wait for invite.

 

[mgforce]

I joined for wailtlist 2 days back and today got the invite via whatsapp (remeber opting for communication via whatsapp at time of registering)

I don't have any Federal Card issued to me (directly or via One Card, FI etc) and hence applied.

Now waiting for V-KYC which seems to be the slowest step! Here V-KYC has to be done from within the app only unlike other cases where one gets a link to do V-KYC and can go via PC or Chrome browser.

Edit: Waited for 10 mins or so, but still at queue position 3 and then suddenly said no agents available. Will later

 

[It_is_Naruto]

Got invite today...but since already having onecard from Federal bank....not going ahead... No benefit of getting a unnecessary enquiry only to get rejected or on waiting later 😀

Existing customers ( direct or onecard from Fedral bank) wala issue resolve hoga to dekhte h

 

[federer.reddevil]

Got invite today...but since already having onecard from Federal bank....not going ahead... No benefit of getting a unnecessary enquiry only to get rejected or on waiting later 😀

Existing customers ( direct or onecard from Fedral bank) wala issue resolve hoga to dekhte h

When you joined waitlist?

 

[It_is_Naruto]

When you joined waitlist?

Yesterday morning....currently at last page where it asks for Pan no for cibil enquiry...

 

[Deathsnatcher]

I joined for wailtlist 2 days back and today got the invite via whatsapp
I don't have any Federal Card

After everything in d end it said rejected
have cibil 800+ and yea cibil enquiry was made
what a waste

 

[It_is_Naruto]

I joined for wailtlist 2 days back and today got the invite via whatsapp
I don't have any Federal Card

After everything in d end it said rejected
have cibil 800+ and yea cibil enquiry was made
what a waste

Now I feel...I made the right decision to Escape the Scapia 😀

 

[ltf4ever]

I joined for wailtlist 2 days back and today got the invite via whatsapp
I don't have any Federal Card

After everything in d end it said rejected
have cibil 800+ and yea cibil enquiry was made
what a waste

did you have 5-6 or more enquiries in the last 6 months?

 

[Deathsnatcher]

did you have 5-6 or more enquiries in the last 6 months?

Yes i have
what does the enquiries have to do with anything ? as long as i maintain cibil
recent enquired is due to fllowing
applied neu last month
took a car loan last month
opened an current account with RBL
created a merchant gateway lol
small things and enquiries keep on going ..

 

[anirban.choudhuryanirban.choudhury is verified member.]

For existing Federal Credit card users ,this card seems to be Scrapia not Scapia.😂😂😂

Existing federal bank credit card is already a big crap
Atleast scrapia one offers 0 forex that too LTF
Max core federal card gives is 100 Rs discount on Swiggy .