Federal Bank
Credit Card

Based in Kerala, the Federal Bank is one of the leading banks in the private sector today with branches across all major states of India. The Federal Bank offers an array of services across verticals such as personal banking, corporate banking, NRI banking, as well as agricultural banking. In addition to these, the Federal Bank also offers quality services associated with the personal banking segment. These include ? debit cards, gift cards, Federal Bank credit cards, and travel cards.

The credit cards offered by the Federal Bank are sponsored jointly by the State Bank Of India and are operating in association with VISA. With highly competitive interest rates of their credit cards, the Federal Bank offers several interesting rewards and benefits on its credit cards to make them a lucrative option for the customer. These cards find global acceptance across several online and on-ground shopping or payment destinations.

The Federal Bank offers two types of credit cards. These are -

• Federal Bank SBI - VISA Gold 'N More
• Federal Bank SBI VISA Platinum

Also Check: Cibil score for credit card 

Here are some of the most prominent features and benefits of the Federal Bank SBI Credit Cards:

• Global Acceptance - Both Federal Bank Credit Cards are international cards and therefore, are usable across 24 million global outlets. You can use them across outlets showing the sign confirming Visa/Master card acceptance at the payment counter. This includes over 3,25000 outlets in India alone.
• Easy Drafts Option - With the Federal Bank SBI Credit Cards you can order to get a bank draft made anytime simply by calling up the helpline. The draft amount is billed to your Federal Bank SBI Credit Card and can be paid off as convenient. This option helps make payments with ease.
• Extended credit option - The Federal Bank SBI Credit Cards lend flexibility to pay through the option of extended credit. This way you can easily plan paying off all outstanding amounts as per your convenience. You can choose to either pay the minimum amount or any other amount, up to the total amount due as outstanding. The unpaid amount can be carried forward with negligible financing charges to the next billing cycle.
• Easy-to-get Add-on Cards - You can easily apply for additional cards for your family members with any of the Federal Bank SBI Credit Cards. The add-on card can be taken for any of your family members above the age of 18 years.
• Fuel Surcharge waiver - With the Federal Bank SBI Credit Cards, you can avail the benefit of 0% fuel surcharge. This gets waived off if you use any of these cards to purchase fuel or lubricants worth 500 - 3000 per transaction at any petrol pump across the country.
• Cash On The Go - The Federal Bank SBI Credit Cards allow you to easily withdraw a certain amount of cash across MasterCard/VISA ATMs world over, with 18000 such ATMs in India alone.
• Flexipay Installment option - With this option you can easily convert any of your purchases into comfortable monthly installments and pay off the amount over several monthly credit card bills instead of feeling the financial burden of the purchase in one month. The option can be availed by simply calling the helpline and picking a plan that suits you best. All plans come at nominal rates of interest.
• Railway Ticket Booking - You can easily book railway tickets using your Federal Bank SBI Credit Cards and the same will be delivered at the address of your choice. To avail this convenient service, follow the steps as given below -
• Register at the website of the Indian Railways. It is a free registration on www.irtc.co.in
• Once you have registered, login using your username and password
• Complete your booking according to the instructions given on the website
• Pay using your Federal Bank SBI Credit Card
• Fill in your address and your tickets will get delivered to you
• Balance Transfer Facility - Available at reasonable rates of interest the Federal Bank SBI Credit Cards give you the option of transferring your outstanding amount from any other card to the Federal Bank SBI Credit Card for ease of use and payment.
• Easy Payment Of Utility Bills - The Federal Bank SBI Credit Cards feature the Easy Bill Pay Facility through which you can easily make payment of your phone, electricity, gas, and insurance bills. You can even set reminders and auto deductions.
• Prompt customer service and helpline ? For any security concern, technical or payment related assistance, the Federal Bank SBI Credit Cards come with 24-hours Global Customer Assistance Services.
• Prompt E-statements - With the Federal Bank SBI Credit Cards the monthly statement comes right into your email inbox. This does away with the fear of lost or delayed statements leading to late payments and penalties. You can also access www.sbicard.com to manage your Federal Bank credit cards online. This gets you ?
• Last 12 months card statements instantly
• Access to spends analyzer to keep a tab on your credit card spendings and plan accordingly
• Hotlist any of your Federal Bank credit cards that have been stolen or are lost
• Put in a request for duplicate statement for your card

Elaborated below are both the Federal Bank SBI Credit Cards along with their features:

#1. Federal Bank SBI - VISA Gold 'N More

The Federal Bank SBI - VISA Gold 'N More card is an international, co-branded credit card that comes with attractive offers as well as reward points. It finds its use across more than 24 million outlets world over with 25000 of them in India alone.

Here are some of the most important features of this card:

#2. Federal Bank SBI VISA Platinum

This is another good option of credit card from the Federal Bank. It features special offers and a high credit limit. It is an international credit card that finds usage across 24 million global outlets with over 3 lakh of them within India. The card also offers attractive reward points against money spent and the same are redeemable later.

Here are some of the most important features of this card:

Additional Reading: Cibil score check free online by pan number

Here are some important terms and conditions to remember with respect to the Federal Bank Credit Cards -

• Extended credit - You can avail interest free credit for duration of 20 to 50 days provided the previous bills are paid fully. In addition, this is allowed only on retail purchases.
• Cash Advance - You can avail a cash advance of 80% of your credit limit not exceeding 15000/day. However, there is no free credit period.
• Cheque fee - A cheque fee ( 100) is applicable on all payments of up to 10000 made through cheques.
• The bank does not accept cheques that are payable out of their respective clearing zones. Payments must be made only through local cheques. Drafts must be payable only at Delhi.

Here is a list of rewards you get from the Federal Bank -

Additional Reading: How to calculate credit score?

Here are some ways to apply for the Federal bank Credit Card. However, it is available only for the bank's select customers.

Applying at the branch: In order to apply for the Federal bank credit cards customers must contact the nearest Federal bank branch.

Applying online: Alternatively you can log into the associated bank website - www.sbicard.com for further assistance or call the customer care helpline number given below for help. Here are the steps to apply through www.sbicard.com:

• Visit the website
• Go to the credit card menu
• Pick your card from those given there and click on 'apply now'
• Now fill the form given, verify your mobile, fill in the OTP, and press ?next step?.
• Your details will be shared and the status of your application will be indicated.
• You can keep checking the status of your application on the website. If approved, it will read ?approved status? upon tracking. If you get disapproved due to some reasons you can reapply only after three months.

Applying Through MyMoneyMantra: If you want to apply for your Federal Bank Credit Card through MyMoneyMantra follow the steps given below ?

• Visit www.MyMoneyMantra.com
• Choose the credit card option from the drop down menu. Select the card of your choice and press submit.
• To proceed with the application process you will be required to fill some required information.
• Once all information has been filled and the application process will be initiated and you will soon be contacted by someone from the MyMoneyMantra team to help you through the remaining process.
• On approval, the card will be dispatched to your address.
• Please remember that the card and the PIN are always dispatched separately.

Additional Reading: How to improve cibil score immediately?

Here are the eligibility criteria to apply for a Federal Bank SBI Credit Card ?

• You must be an Indian citizen to apply for a Federal Bank SBI Credit Card.
• You should be 18 years or above in age at the time of applying and not over 65 years old.
• You should not be a habitual defaulter in your past credit card payments and should have a good credit score

Here is a list of documents required to apply for any of the Federal Bank SBI Credit Cards:

• Identity proofs - Voter's ID, Driving license, ID cards issued by PSUs, Government Organisations, Adhaar Card, etc.
• Address proofs - Adhaar Card, Passport, Voter's ID, Valid Driving License, PAN card, and Utility Bills.
• PAN Card
• Passport size photographs
• Last two months' income tax return proofs or salary slips

Your credit card bills are generated on a monthly basis. You must make the payment of the same before the due date so that there is no late fee. can make your Federal Bank SBI Credit Card bill payment through the following means:

• Leave an auto-debit instruction in your savings bank account with the Federal Bank for a specified date every month so that the amount gets deducted on its own every month.
• Use the Federal Bank?s net banking facility 'FedNet' to make the credit card payment via Net Banking through your Savings/Current Account. For this having an account with the bank is a must.
• You can pay your credit card bill via NEFT/RTGS. For this you will have to add the Credit Card number as a beneficiary.
• You can also make the payment through cheque at any of the Federal bank branches or ATMs close to you. It takes three days for the payment via cheque to get processed, therefore make sure you keep a margin of those many days to avoid penalties.
• It is possible to make cash payment of your credit card bill as well. This can be done by visiting the bank branch. However, most cash payments invite a minor processing charge.
• You can use Bill Desk to make payment from any other bank using net banking.
• You can also install any of the online payment apps such as BHIM etc, to make payment to your Federal Bank Credit card.

Additional Reading: Top Credit rating agencies in India

For any kind of assistance related to your Federal bank SBI credit cards you can either call do any of the following -

• Either call the SBI Card helpline by dialing - 39 02 02 02 (by prefixing the local STD code) or call 1860 180 1290
• Alternatively you can contact Federal Bank through their pan India number 1800 - 425 - 1199Or 1800 - 420 - 1199. It is a 24 x 7 toll free number to get in touch with their customer care center. Customers calling from abroad are required to call on 080-61991199.