At a Glance
Key Benefits
2X base rewards, 3X on online spends, fuel surcharge waiver
Lounge Access
No lounge access
Eligibility
Salaried: Rs 30,000+/month, Age: 21-60 years, CIBIL: 700+
Quick Details
Annual Fee
₹1,000
#183
Joining Fee
₹1,000
#183
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹0.50 - ₹0.75
#219
Reward Type Reward Points
Reward Currency Points
Min Credit Score
700+
#54
Min Monthly Income ₹25
Network VISA
Late Payment Fee ₹600
Cash Advance Fee 2.50% (min ₹400)
Fee Waiver on Spend ₹75,000/yr
Reward Structure
Base
All Spends
₹0.50 /₹100
Cat
Online
₹0.75 /₹100
Reward Calculator
₹
Allocate by Category100%
Your Rewards
Points Earned550
Cash Value₹138
Breakdown
Online150
Other Spends400
Total Value₹138
Quick amounts:
Insurance Coverage
Lost Card
₹0
Zero liability.
Fraud
₹0
Zero liability.
Quick Analysis
The Federal Bank Federal Bank Visa Platinum is a solid credit card option. With an annual fee of ₹1000, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.
Pros
- Annual fee waiver on spending ₹75000
- Extended interest-free period of 50 days
- Contactless payment enabled for quick transactions
- Easy EMI conversion facility available
- Add-on cards available for family members
Cons
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
- High interest rate of 42.00% on revolving credit
Frequently Asked Questions
What is Federal Bank Visa Platinum annual fee?
Rs 1,000 annual fee, waived on Rs 75,000 annual spend.
What rewards does Visa Platinum offer?
2X rewards on all spends, 3X on online transactions.
Does Visa Platinum have lounge access?
No, this card does not offer lounge access.
Is there fuel surcharge waiver?
Yes, 1% fuel surcharge waiver on fuel purchases.
What is the credit limit on Visa Platinum?
Credit limit ranges from Rs 50,000 to Rs 3 lakhs based on eligibility.
User Reviews
Ready to Apply for Federal Bank Visa Platinum?
Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.
Apply Now on Federal Bank Apply Now