- What Is The Eligibility Of The Scapia Federal Credit Card?
- How Can You Apply For The Federal Bank Scapia Credit Card?
- What Is The Joining And Annual Fees For Scapia Federal Credit Card?
- What Are The Reports And Redemptions For the Federal Scapia Credit Card?
- 1. Reward Points In Federal Scapia Credit Card
- a. Base Rewards
- b. Travel Rewards
- c. The Reword Redemption Options Of Secpia Credit Card
- Travel And Lounge Benefits Of Scapia Credit Card
- Things To Remember About The Scapia Credit Card
What Is Scapia Credit Card? What Are Its Main Benefits?
The Federal Scapia Credit card is generally a travel-focused credit card. This helps people to avoid paying annual fees. Hence, it does great for those who travel often by flight.
The card scores 55/100 on the 1 Finance Credit Card Scoring and Ranking. Thus, the card does great at the entry level. It is especially beneficial for those who regularly spend money.
This gives them rewards for the travel booking. Hence, in this article, we will learn about the Scapia Co-Branded credit card in detail.
In addition to this, we will learn about the fees, rewards, travel perks, redemption, charges, and most importantly, the drawbacks.
In this detailed review, we will also compare it with the other credit cards that are widely available in the market.
What Is The Eligibility Of The Scapia Federal Credit Card?
The eligibility of the Scapia Federal credit card generally depends on various factors. Here are some of the major factors you will need to meet.
- You should be an Indian aged 21-65 years. Hence, foreign nationals cannot be Scapia Federal Credit card holders.
- The bank has a one-card policy. Thus, you can not own multiple cards from different banks.
- To hold a credit card, you should be an Indian. Or you can also be a Non-Residential Indian.
How Can You Apply For The Federal Bank Scapia Credit Card?
To apply for the Federal Bank Scapia credit card, you will have to follow certain rules. Hence, here are the main rules that you should follow.
- First of all, you will have to download the Scapia App on your mobile device.
- Then you will have to open the app and tap on the “Apply Now” option. The app makes the entire process digital and paperless. Thus, the cardholders do not have to visit the bank for this.
- You should keep documents like Adhar Card, Pan Card really handy. Furthermore, you should also keep the bank statements ready.
- The purchase of the credit card generally requires a complete video KYC.
After filling in the details, you will have to go through a quick video KYC verification process through the app.
Generally, it takes around 48-60 hours after the submission. Generally, the virtual card activates quite instantly. Hence, you can start using it right away.
On the other hand, the physical card generally arrives within a span of 2-5 business days. However, in some cases it can even take 7 days depending on the location of the place.
What Is The Joining And Annual Fees For Scapia Federal Credit Card?
The Federal Scapia Credit Card is generally free for life. Hence, the applicant does not have to pay any annual charges or renewal fees under any circumstances.
In addition, the credit card charges absolutely zero in terms of annual fees, add-on card fees and Forex markup fees .
The purchasers should also learn about the fee structure of other cards, like the HDFC Infinia credit card.
What Are The Reports And Redemptions For the Federal Scapia Credit Card?
Here are the major rewards and redemptions of the Federal Scapia Credit Cards.
1. Reward Points In Federal Scapia Credit Card
The federal Scapia Credit card generally works on a Scapia Coin System. Hence, there are two earning levels. One is for day-to-day spending, the other is for making travel bookings.
a. Base Rewards
Purchasers earn up to 10% Scapia Coins on purchases of ₹20 or more. Hence, you will not receive coins for transactions below ₹20.
Thus, when you make a purchase of ₹100, you can earn up to 10 coins on the credit card. On the other hand, you will get 5% or more when you spend ₹500 or more with the Scapia Federal RuPay Credit Card.
Hence, any purchase below ₹500 should not qualify for any kind of reward.
b. Travel Rewards
The Scapia Credit card is a travel credit card. Thus, you get atleast 20% Scapia Coins on all the travel bookings made through the Scapia app.
Moreover, 5 Scapia coins are equivalent to ₹1. Hence, four Indian Rupees should be worth ₹0.20.
Let us understand this by an example. Suppose you have 100 scapia coins, then the value of that should translate to ₹20.
Moreover, people generally do not earn rewards on all types of transactions. Certain types of transactions do not provide you with any rewards.
These transactions include the transfer of money, payment of rent, purchase of an EMI, and payment of education fees.
Furthermore, cash withdrawals, gift cards, and other transactions also do not qualify for rewards.
There are no rewards for transactions exceeding ₹20000 per statement month. This generally includes the bills.
c. The Reword Redemption Options Of Secpia Credit Card
The things generally revolve around travel. Moreover, the card is primarily dedicated to travel-related needs and requirements.
Hence, this makes the travel experience more affordable. Several credit card providers try to get you to spend more money by offering travel vouchers and cash back.
On the other hand, the Scapia Credit card tries to help you save money. On the other hand, the Scapia Credit card generally helps you to save more money.
Moreover, most redemptions occur through the Scapia app. Thus, this serves as a one-stop solution for both using and earning coins.
Travel And Lounge Benefits Of Scapia Credit Card
The Scapia Credit Card makes the airport experience a lot more convenient and exciting. Hence, you do not just get access to the lounge.
But you also get certain perks at every level of the journey. Here are the major perks and benefits of the Scapia Credit Card.
Holders of the Scapia Credit card get unlimited access to more than 60 lounges all over India. Hence, you can easily relax and eat as you get fresh while you are traveling.
Furthermore, you also get complimentary dining, spa services, and others in more than 72 airports.
These are generally selected airports. The user will have to spend a total amount of ₹ 10000 per month on the Visa variant, and an amount of ₹ 15000 on the Visa
Things To Remember About The Scapia Credit Card
The Scapia Credit card does not provide people with international lounge access. However, it provides the users with something very valuable. This is the zero forex markup.
Hence, you will not be charged an additional 2-3% currency conversion fee when you add it to your purchase.
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