◉
DhanChakshu
Aapke Paise Ke Liye Sahi Nazar
Verified — 16/16 categories
Federal Bank

Federal Bank Signet Credit Card

Best forShopping & Education
Earns3 RP/₹200 on shopping
1st Year / Joining Fee
₹0
Renewal Fee
₹0
Lifetime free
Fee waiver
None
Network
Not recorded

Why this card may suit you

Based on the card's verified terms.

  • Best suited to spending on shopping and education, where it earns 3 RP/₹200
  • No annual fee

How you earn

Reward rates at a glance — exactly as recorded for this card.

Shopping3 RP/₹200
Education1 RP/₹200
Insurance1 RP/₹200
Utilities1 RP/₹200
Groceries1 RP/₹200
All 16 reward categories · 16 of 16 categories verified
CategoryRateCapCondition
RentNo reward——
Details
Status
Verified — no reward
Issuer note
Rent excluded from rewards; 1% fee applies
Education1 RP/₹200—1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Insurance1 RP/₹200—1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Utilities1 RP/₹200—1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
FuelNo reward——
Details
Status
Verified — no reward
Issuer note
Fuel excluded from rewards; 1% surcharge waiver applicable
Groceries1 RP/₹200—1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Dining1 RP/₹200—1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Food Delivery1 RP/₹200—1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Shopping3 RP/₹200—3X accelerated reward on Electronics & Apparel (3 RP/₹200 = 0.375% value via VAL-FED-01)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
3X accelerated reward on Electronics & Apparel (3 RP/₹200 = 0.375% value via VAL-FED-01)
Travel1 RP/₹200—1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1X base reward (1 RP/₹200 = 0.125% value via VAL-FED-01)
GovernmentNo reward——
Details
Status
Verified — no reward
Issuer note
Government transactions excluded from rewards
WalletNo reward——
Details
Status
Verified — no reward
Issuer note
Wallet loads excluded from rewards; 1% fee applies
Railways1 RP/₹200—1 RP per ₹200 spend on Railway transactions (MCC 4112)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1 RP per ₹200 spend on Railway transactions (MCC 4112); 0.125% value via Federal Rewards catalog.
FASTagNot a good fit—FASTag toll transactions (MCC 4784) excluded from reward points accrual per Federal Bank reward schedule effective Jan 1, 2024
Details
Status
Verified — not a good fit for this category
Issuer note
FASTag toll transactions (MCC 4784) excluded from reward points accrual per Federal Bank reward schedule effective Jan 1, 2024.
Jewellery1 RP/₹200—1 RP per ₹200 spend on Jewellery transactions (MCC 5944)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1 RP per ₹200 spend on Jewellery transactions (MCC 5944); 0.125% value via Federal Rewards catalog.
Telecom1 RP/₹200—1 RP per ₹200 spend on Telecom bills and recharges (MCC 4814)
Details
Status
Verified
Source
FED-SRC-001
Issuer note
1 RP per ₹200 spend on Telecom bills and recharges (MCC 4814); 0.125% value via Federal Rewards catalog.

“—” means not established. “Research pending” is not zero: it means DhanChakshu has not finished verifying that category, so it is not counted.

Cost & caps

What it costs to hold, and where rewards stop.

1st Year / Joining Fee
₹0
Renewal Fee
₹0
Lifetime free
Fee waiver
None
Reward caps

No reward cap is recorded in DhanChakshu's verified data. Check the issuer terms for any additional limits.

Key benefits

Rewards
3 RP/₹200 on shopping
Lounge access
1 domestic lounge/qtr on ₹20k spend
Fuel surcharge waiver
fuel surcharge waiver 1%
Foreign-currency markup
3.50% forex markup

Important to know

Limits and exclusions that change what you earn.

  • No reward on: Rent, Fuel, Government, Wallet
  • Not recommended for: FASTag

Who should consider this card

✓ Good fit if
  • Your spending is concentrated in shopping, education, insurance
  • You want a card with no annual fee
△ Less useful if
  • Much of your spending is in rent, fuel, government, which earn nothing
Compare with another card →Read card guides →

Full details

Everything else, expanded on demand.

Caps & exclusions · 0 caps · 5 no-reward categories
Caps

No cap recorded.

Categories with no reward or not eligible
  • Rent — No reward.
  • Fuel — No reward.
  • Government — No reward.
  • Wallet — No reward.
  • FASTag — Not a good fit. FASTag toll transactions (MCC 4784) excluded from reward points accrual per Federal Bank reward schedule effective Jan 1, 2024.
Milestones · none recorded

No milestone benefit is recorded for this card.

Eligibility

Subject to Federal Bank's underwriting and eligibility criteria. See the issuer's terms for current requirements.

Specifications
  • Payment network: Not recorded
  • Airport lounge: 1 domestic lounge/qtr on ₹20k spend
  • Fuel surcharge waiver: fuel surcharge waiver 1%
  • Foreign-currency markup: 3.50% forex markup
What DhanChakshu couldn't fully verify · 1 area

1 area needs further verification. None of these are counted as zero.

  • • Payment network — not recorded

Sources & verification

Verification & sources · last checked 2026-09-27

Verification coverage: All 16 categories verified

Card record last checked: 2026-09-27

Documents used
Official product portfolio overview and card specifications · FED-SRC-001
Retail schedule of charges, rental processing fee and fuel surcharge terms · FED-SRC-006
Most Important Terms and Conditions (MITC) and cardholder agreement · FED-SRC-002
Federal Bank Signet Credit CardLifetime free