Welcome Benefit: Users will get an Amazon Pay e-Voucher worth INR 600 on a minimum spend of INR 10,000 in the first 30 days.
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Federal Bank Visa Celesta
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get an Amazon Pay e-Voucher worth INR 600 on a minimum spend of INR 10,000 in the first 30 days.
Milestone Benefits
None.
Cashback Rate
1 Federal Reward Point = INR 0.25.
You will get 1 reward point on a spend of INR 100.
General Cashback Rate: 0.25%
3x rewards on spending for travel and international categories.
Travel And International Cashback Rate: 0.75%.
2x rewards on spending for dining categories,
Dining Cashback rate: 0.50%.
Movie Benefits
Buy One Get One offer on INOX movie tickets, once a month.
Dining Benefits
2x rewards on spending for dining categories,
Dining Cashback rate: 0.50%.
Other Benefits
None.
Lounge Access
Complimentary lounge access at airports, twice a year at International airports and 4 times per quarter at domestic airports. Subject to a minimum spend of INR 60,000 in previous quarter.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get an Amazon Pay e-Voucher worth INR 600 on a minimum spend of INR 10,000 in the first 30 days.
Milestone Benefits
None.
Cashback Rate
1 Federal Reward Point = INR 0.25.
You will get 1 reward point on a spend of INR 100.
General Cashback Rate: 0.25%
3x rewards on spending for travel and international categories.
Travel And International Cashback Rate: 0.75%.
2x rewards on spending for dining categories,
Dining Cashback rate: 0.50%.
Movie Benefits
Buy One Get One offer on INOX movie tickets, once a month.
Dining Benefits
2x rewards on spending for dining categories,
Dining Cashback rate: 0.50%.
Other Benefits
None.
Lounge Access
Complimentary lounge access at airports, twice a year at International airports and 4 times per quarter at domestic airports. Subject to a minimum spend of INR 60,000 in previous quarter.
Fees & Charges of
Federal Bank Visa Celesta
Joining Fee
INR 0
Annual Fee
Annual membership fee: INR 0.
Cash Advance Fee
2.5% of amount withdrawn or Rs. 500 whichever is higher.�
Interest rate
41.88% (3.49% per month)
Late Payment Fee
Late payment charges - Less than Rs. 100 0 Rs. 100- Rs. 500 100 Rs. 501 to Rs. 5,000 500 Rs. 5,001 to Rs. 10,000 600 Rs. 10,001 to Rs. 25,000 750 Rs. 25,001 to Rs. 50,000 950 More than Rs. 50,000/- 1000.
Foreign Currency Transactions Fee
International Forex Markup: 2%
Other Fees
Cash withdrawal charges 2.5% of amount withdrawn or Rs. 500 whichever is higher. | Redemption Fee Rs. 99/- per redemption request. | EMI Processing charges : 2.5% of loan amount subject to minimum of Rs. 500. | 1% Fuel surcharge on all fuel transactions (waiver on spends between Rs.400/- to Rs.5000/- on all petrol pumps for Celesta category up to Rs.150/- per month).
Joining Fee
INR 0
Annual Fee
Annual membership fee: INR 0.
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
41.88% (3.49% per month)
Late Payment Fee
Late payment charges - Less than Rs. 100 0 Rs. 100- Rs. 500 100 Rs. 501 to Rs. 5,000 500 Rs. 5,001 to Rs. 10,000 600 Rs. 10,001 to Rs. 25,000 750 Rs. 25,001 to Rs. 50,000 950 More than Rs. 50,000/- 1000.
Foreign Currency Transactions Fee
International Forex Markup: 2%
Other Fees
Cash withdrawal charges 2.5% of amount withdrawn or Rs. 500 whichever is higher. | Redemption Fee Rs. 99/- per redemption request. | EMI Processing charges : 2.5% of loan amount subject to minimum of Rs. 500. | 1% Fuel surcharge on all fuel transactions (waiver on spends between Rs.400/- to Rs.5000/- on all petrol pumps for Celesta category up to Rs.150/- per month).
Fee and Charges of
Federal Bank Visa Celesta
Special Features
Interst rate depends on your bank balance maintained in Federal Bank Saving Account: Average Monthly Balance (1) less than Rs.50,000 41.88% (3.49% per month) (2) Rs.50,000 - 3,00,000 30.00% (2.49% per month) (3) Rs.3,00,001- 10,00,000 18.00% (1.49% per month) (4) More than Rs.10,00,000 5.88% (0.49% per month).
Eligibility Criteria
Minimum age of the card holders should be 18.
Only Indian residents can apply.
Speical Feature, Eligibility and Benefits of
Federal Bank Visa Celesta
How to apply for Credit Card?
Online:
Visit the Federal Bank website and go to the Credit Cards section.
Click on the Apply Now button for the Federal Bank Visa Celesta credit card.
Fill in the online application form with your personal and financial details.
Submit the application form and wait for approval.
Required documents:
Proof of identity (Aadhaar card, PAN card, or passport).
Proof of income (salary slips, bank statements, or income tax returns).
Proof of address (Aadhaar card, bank statement, or utility bill).
Contact Details
Account Opening and Procedure of
Federal Bank Visa Celesta
Overall, the Federal Bank Visa Celesta Credit Card offers a well-rounded package of rewards, benefits, and features suitable for premium lifestyle seekers and frequent travelers. However, the high annual fee, limited reward rate on non-focused categories, and high interest rate are limitations to consider. If you have lower spending, prioritize specific features like travel insurance or wider redemption options, or prefer lower annual fees, explore other premium cards in the market.
Overall, the Federal Bank Visa Celesta Credit Card offers a well-rounded package of rewards, benefits, and features suitable for premium lifestyle seekers and frequent travelers. However, the high annual fee, limited reward rate on non-focused categories, and high interest rate are limitations to consider. If you have lower spending, prioritize specific features like travel insurance or wider redemption options, or prefer lower annual fees, explore other premium cards in the market.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai