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

 

[ᏰᏋᎥᏁᎶᎥᏁፈᎧᎶ]

What's the rewards rate of scalpia card for international transaction ?

Someone please help clarify this as I am not seeing clear information on Scalpia card.

I have world safari with larger limit but no rewards on international spend, if its the same on scalpia then might aswell close it.

it's SCAPIA not scalpia

 

[|V|]

it's SCAPIA not scalpia

Thank you. I correctly myself.

Now answer my query please

 

[anirban.choudhuryanirban.choudhury is verified member.]

What's the rewards rate of scapia card for international transaction ?

Someone please help clarify this as I am not seeing clear information on scapia card.

I have world safari with larger limit but no rewards on international spend, if its the same on scapia then might aswell close it.

Reward rate for forex transaction is 0
Neither they charge markup nor they give rewards

 

[telescope]

What's the rewards rate of scapia card for international transaction ?

Someone please help clarify this as I am not seeing clear information on scapia card.

I have world safari with larger limit but no rewards on international spend, if its the same on scapia then might aswell close it.

No points for international transactions

 

[|V|]

Then it would make sense to close this card with just mere 20K limit.

 

[telescope]

Then it would make sense to close this card with just mere 20K limit.

Yes better to close it. 20k limit for a cc with USP of 0 markup is nonsense.