The Scapia Federal Credit Card is a new offering that combines the strengths of Scapia, a travel-focused fintech company, and Federal Bank, one of India’s leading private banks. This credit card is designed for frequent travelers and those who enjoy earning rewards on their daily spending. The Scapia Federal Credit Card offers a unique blend of travel benefits, rewards, and seamless digital experience, making it a great choice for modern consumers who want a straightforward, value-driven credit card.
Overview
| Feature | Details |
|---|---|
| Card Type | Travel Credit Card |
| Reward Rate | Up to 5% cashback on travel bookings and other categories |
| Reward Value | Cashback credited directly to your account |
| Joining Fee | Nil |
| Unique Selling Points | Travel-focused rewards, no annual fees, seamless digital experience |
| Rating | ★★★★☆ (4.5/5) |
Scapia Federal Credit Card Fees and Charges
| Fee Type | Details |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Finance Charges | 3.5% per month (42% per annum) |
| Foreign Transaction Fee | 3.5% + GST |
| Cash Advance Fee | 2.5% of the amount withdrawn (min ₹500) |
| Late Payment Fee | ₹100 to ₹1,000 depending on the outstanding balance |
Scapia Federal Credit Card Benefits
Travel-Focused Rewards
- Up to 5% Cashback on Travel: Earn up to 5% cashback on travel bookings made through the Scapia platform, including flights, hotels, and holiday packages.
- Cashback on All Spending: Earn cashback on all other spending categories, with the cashback credited directly to your account.
Seamless Digital Experience
- App-Based Management: Manage all aspects of your Scapia Federal Credit Card through the Scapia app, including tracking spending, paying bills, and redeeming rewards.
- Real-Time Notifications: Receive instant alerts for every transaction, helping you stay on top of your spending and avoid any fraudulent activity.
No Hidden Fees
- No Joining or Annual Fees: The Scapia Federal Credit Card comes with no joining or annual fees, ensuring you enjoy all the benefits without any hidden costs.
- Transparent Charges: All fees and charges are clearly communicated, promoting transparency and helping you avoid unexpected expenses.
Smart Spend Insights
- Spend Tracking: The Scapia app provides detailed insights into your spending patterns, helping you manage your finances more effectively.
- Budgeting Tools: Set spending limits and receive alerts when you are close to exceeding them, helping you stay within your budget.
Security Features
- Instant Card Lock: If you lose your card or detect suspicious activity, you can instantly lock your card through the app to prevent unauthorized transactions.
- Virtual Card Option: Use a virtual version of your Scapia Federal Credit Card for online transactions, adding an extra layer of security.
Rewards
| Spending Category | Rewards |
|---|---|
| Travel Bookings | Up to 5% cashback |
| All Purchases | Cashback on all transactions |
Redemption
- Direct Cashback: Cashback is automatically credited to your account, offering immediate value without the need to accumulate points or navigate complex rewards programs.
Scapia Federal Credit Card Usage
- Online and Offline Shopping: Use the Scapia Federal Credit Card at any merchant that accepts Visa or Mastercard, both online and offline.
- Bill Payments: Pay your utility bills, mobile recharges, and other regular expenses using the Scapia Federal Credit Card and earn cashback on every transaction.
Airport Lounge Access
The Scapia Federal Credit Card does not currently offer complimentary airport lounge access, focusing instead on providing strong travel-related rewards and a seamless digital experience.
Foreign Transaction Fee
| Feature | Details |
|---|---|
| Foreign Transaction Fee | 3.5% + GST |
Eligibility
- Age: 18 years and above.
- Income: Minimum annual income of ₹3 lakh.
- Employment: Available to salaried and self-employed individuals.
How to Apply?
Online Application
- Download the Scapia app from the Google Play Store or Apple App Store.
- Complete the KYC process within the app.
- If eligible, you’ll receive instant approval and a virtual card for immediate use.
- The physical card will be delivered to your address.
Scapia Federal Credit Card Review
Editor’s Rating
- Benefits: 4.5/5
- Fees: 5/5
- Customer Service: 4.3/5
Summary
The Scapia Federal Credit Card is an excellent choice for frequent travelers and digital-savvy users who prefer managing their finances through a seamless app-based experience. With up to 5% cashback on travel bookings and no joining or annual fees, this card offers significant value for money. The real-time spending insights and instant notifications make it easy to track your expenses and manage your budget effectively. While it lacks premium features like airport lounge access, the Scapia Federal Credit Card excels in providing everyday financial rewards and convenience, making it an ideal choice for those who prioritize simplicity and transparency in their banking experience.
Pros and Cons
| Pros | Cons |
|---|---|
| No joining or annual fees | No airport lounge access or premium travel benefits |
| Up to 5% cashback on travel bookings | Foreign transaction fee of 3.5% + GST |
| Fully app-based management with instant notifications | Limited to domestic use and rewards |
| Smart spending insights and budgeting tools | No traditional credit card benefits like insurance coverage |
Similar Cards to Scapia Federal Credit Card
| Feature | Scapia Federal Credit Card | OneCard | Fi-Federal Bank Credit Card |
|---|---|---|---|
| Annual Fee | Nil | Nil | Nil |
| Reward Rate | Up to 5% cashback on travel bookings | 1 Reward Point per ₹50 spent | 5% reward rate in Fi-Coins |
| Card Material | Plastic | Metal | Plastic |
| Eligibility | Available to individuals with a minimum income of ₹3 lakh | Based on credit profile | Available to individuals with a minimum income of ₹3 lakh |
| Foreign Transaction Fee | 3.5% + GST | 1% + GST | 3.5% + GST |
OneCard vs Scapia Federal Credit Card
The OneCard is a popular choice for users who prefer a premium feel with its metal design and a straightforward rewards structure. While the Scapia Federal Credit Card offers up to 5% cashback on travel bookings, OneCard’s reward structure of 1 Reward Point per ₹50 spent with a metal card design might appeal more to those who value aesthetics and premium build quality. Both cards are fee-free and cater to digital-savvy users, so the choice between them comes down to personal preference for cashback versus reward points.
Fi-Federal Bank Credit Card vs Scapia Federal Credit Card
The Fi-Federal Bank Credit Card offers a higher reward rate of 5% in Fi-Coins but focuses heavily on digital banking and financial insights. The Scapia Federal Credit Card, with its strong travel-related cashback rewards and no fees, is more suitable for those who travel frequently and prefer straightforward cashback. If you’re looking for a higher reward rate and are comfortable with Fi-Coins, the Fi-Federal Bank Credit Card might be a better option. However, for easy-to-understand cashback rewards, the Scapia Federal Credit Card stands out.
FAQ
What is the annual fee for the Scapia Federal Credit Card?
The Scapia Federal Credit Card has no annual fee, making it a cost-effective option for users.
How do I earn cashback with the Scapia Federal Credit Card?
You can earn up to 5% cashback on travel bookings and cashback on all other transactions. The cashback is credited directly to your account.
Does the Scapia Federal Credit Card support international transactions?
Yes, the card supports international transactions with a foreign transaction fee of 3.5% + GST.
How do I manage my Scapia Federal Credit Card account?
You can manage your card entirely through the Scapia app, which offers real-time tracking, spending insights, and budgeting tools.
Are there any hidden fees with the Scapia Federal Credit Card?
No, the Scapia Federal Credit Card has no hidden fees, and all charges are transparently communicated through the app. for more details visit official website.
