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

 

[D7162]

Federal core card is not serving at my location - they hit limit and then rejected
So should I try for this card ? Brother have one card with federal so co branded is serviceable

 

[federer.reddevil]

Federal core card is not serving at my location - they hit limit and then rejected
So should I try for this card ? Brother have one card with federal so co branded is serviceable

I would say dont try as it is from Federal bank only whereas OneCard has multiple partners

 

[ltf4ever]

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 ..

I don't know, Federal bank does this kind of bkchdi.

my application was rejected for one of their cards and looking at other's replies on that thread, I think number of enquiries matters for federal.

in addition, they also asked me to submit my bank account statements for last 3 months before rejecting. the bank account had more than enough salary credit that was required for the card.

 

[V360V360 is verified member.]

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 ..

CIBIL enquiry for a current account - is that normal?

 

[Deathsnatcher]

CIBIL enquiry for a current account - is that normal?

I guess yes with credit limit they provide they do check cibil

 

[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

VKYC also done, told that within 4 to 24 hrs will get update and card dispatched in 4-6 days

At approval page I was shown Credit Limit of 10 lakhs !! If indeed true, it would be highest to me from PSU backed Credit Card

 

[haroldh]

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 ..

Same with me, high enquiries, it asked all the information and then rejected at the last moment

 

[0xfallup]

VKYC also done, told that within 4 to 24 hrs will get update and card dispatched in 4-6 days

At approval page I was shown Credit Limit of 10 lakhs !! If indeed true, it would be highest to me from PSU backed Credit Card

how much enquiries did u had past 6 months

 

[V G]

I have onecard from Federal. If I use different mobile number but same PAN, will it get rejected due to one card policy?

 

[anirban.choudhuryanirban.choudhury is verified member.]

VKYC also done, told that within 4 to 24 hrs will get update and card dispatched in 4-6 days

At approval page I was shown Credit Limit of 10 lakhs !! If indeed true, it would be highest to me from PSU backed Credit Card

Federal is a private bank as far as I know

 

[palen]

How can Scapia check cibil without pan? While joining, I only input my name + number. There was no mention of pan card.

 

[ᏰᏋᎥᏁᎶᎥᏁፈᎧᎶ]

How can Scapia check cibil without pan? While joining, I only input my name + number. There was no mention of pan card.

did it check though?

 

[federer.reddevil]

I have onecard from Federal. If I use different mobile number but same PAN, will it get rejected due to one card policy?

It will get rejected Cibil based on PAN

 

[mgforce]

how much enquiries did u had past 6 months

4

 

[mgforce]

Federal is a private bank as far as I know

Yes - I stand corrected.

But somehow their app and experience gives me vibes of PSU

 

[0xfallup]

4

ah wont be applying now then...have too many enquiries

 

[palen]

did it check though?

No idea, I'm asking. Some say they got rejected even with high cibil.

 

[SSMV]

No idea, I'm asking. Some say they got rejected even with high cibil

No idea, I'm asking. Some say they got rejected even with high cibil.

I have 780 cibil score and no Federal card even then they have rejected after taking all the necessary information from me at final step

 

[0xfallup]

I have 780 cibil score and no Federal card even then they have rejected after taking all the necessary information from me at final step

multiple enquiries would be the reason

 

[ᏰᏋᎥᏁᎶᎥᏁፈᎧᎶ]

I have 780 cibil score and no Federal card even then they have rejected after taking all the necessary information from me at final step

Enquiries? Fi or Jupiter account?