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

 

[krishc]

No one with any sort of existing Federal relationship got it AFAIK

 

[armat]

Thats a good decision as they have already mentioned those with Federal accounts will not get another thing is it will come as a personal loan

Did they mentioned about savings account specifically? If someone have just federal savings account, can’t we apply for Scapia card ?

 

[rp0703]

Did they mentioned about savings account specifically? If someone have just federal savings account, can’t we apply for Scapia card ?

Yes they have mentioned about savings account specifically in their tweet.

 

[armat]

Yes they have mentioned about savings account specifically in their tweet.

Fi money account also included?

 

[sivarock]

Fi money account also included?

Here, they didn't mentioned about savings ac, but, in tweet they have mentioned i think.

 

[Salvo08]

Fi money account also included?

Ya included.

 

[abhi₹hek]

Got scapia card with 1.09 L limit,

previously own sbi cashback card with 40k limit, no existing relationship with fed bank ,cibil score 775

 

[Creditcrduser]

It is clearly written that they are not issuing this card to existing Federal Bank Credit Card user. Existing user do not apply.

 

[SSMV]

Please don't apply if you have too many enquiries from last 3 month's as they are rejecting for having too many enquiries as they did in my case

 

[anirban.choudhuryanirban.choudhury is verified member.]

Fi money account also included?

You can have scapia if you have FII or Jupiter account
Only Federal core savings account are excluded

 

[alanabraham]

Latest update from Scapia for existing Fed customers

 

[anish1516]

Can Scapia be used to get the Federal Bank offers or FK, Amazon etc?

 

[anirban.choudhuryanirban.choudhury is verified member.]

Can Scapia be used to get the Federal Bank offers or FK, Amazon etc?

Most probably yes
The bin number given for scapia is same as that of federal cards is what I have heard
Not sure though

 

[Chaitanya-a]

Most probably yes
The bin number given for scapia is same as that of federal cards is what I have heard
Not sure though

I've checked in Swiggy Federal offer T&C. It clearly specifies Fi, Scapia cards not applicable. I think other websites would follow same. There must be slight difference in BIN.

 

[anish1516]

I've checked in Swiggy Federal offer T&C. It clearly specifies Fi, Scapia cards not applicable. I think other websites would follow same. There must be slight difference in BIN.

That's what I wanted to know. Thanks buddy.

 

[gamersgzb]

Started process yesterday was added to waitlist and today got the notification that now I can go ahead and apply. So I completed the application (was shown 8.49 Lakh limit) and VKYC process and card is issued with 8.49 Lakh limit.
This is my highest limit across cards, currently having DCB at highest limit of 7.7 lakh.

 

[federer.reddevil]

Started process yesterday was added to waitlist and today got the notification that now I can go ahead and apply. So I completed the application (was shown 8.49 Lakh limit) and VKYC process and card is issued with 8.49 Lakh limit.
This is my highest limit across cards, currently having DCB at highest limit of 7.7 lakh.

Do you have Fi/Jupiter account?
No of enquiries in past 3/6 months

 

[nik007rock]

just got the card , with nice packing along with some cool travel stickers.
🤣 Unfortunately i damaged the card while opening the package (kinda tough ), immediately applied for replacement via app

 

[gamersgzb]

Do you have Fi/Jupiter account?
No of enquiries in past 3/6 months

No i do not have FI/Jupiter account and 3 enquiries in last 10 days .. including one from Scapia.. and except these 3 enquiry there are no enquiry in last 2 years..

 

[avikrish]

Is it only applicable in metro cities?