Federal BankFederal Bank Imperio Credit Card – Benefits, Fees & Eligibility
Is the Federal Bank Imperio Credit Card Right for You?
The Federal Bank Imperio Credit Card is best suited for users who prioritize Utilities, Movies, Shopping. With a joining fee of Nil and a renewal fee of Nil, this card offers free entry for new applicants. It offers Reward Points as its primary reward mechanism, with a rewards rate of Bespoke 3-2-1 rewards structure on healthcare, groceries, and utility bill payments..
Key Card Details
Nil
Nil
Reward Points
3.5% of the transacted amount.
Notable Perks
Domestic Lounge Access
Complimentary domestic airport lounge access.
Movie Benefits
Buy One Get One (BOGO) offers on INOX movie tickets.
Things to Consider
A nominal convenience fee of ₹99 is charged for each reward redemption request.
The card has a relatively high foreign currency markup of 3.5% on international spends.
Interest rates are dynamic and can be as high as 45% p.a. based on AMB.
Benefits & Features
Welcome Offer
Amazon Pay e-Voucher worth ₹400 on a minimum spend of ₹5,000 within the first 30 days.
Rewards Rate
Bespoke 3-2-1 rewards structure on healthcare, groceries, and utility bill payments.
Reward Type
Reward Points
Domestic Lounge Access
Complimentary domestic airport lounge access.
Movie Benefits
Buy One Get One (BOGO) offers on INOX movie tickets.
Fees & Charges
Joining Fee
Nil
Renewal Fee
Nil
Foreign Currency Markup
3.5% of the transacted amount.
Interest Rates
Dynamic APR from 1.99% p.m. (23.88% p.a.) up to 3.75% p.m. (45% p.a.).
Rewards Redemption Fee
A nominal convenience fee of ₹99 (minimum) will be charged per redemption request.
Pros & Cons
Pros
Key benefits and features of this card.
Enjoy a lifetime free credit card with no joining or annual renewal fees.
Earn accelerated reward points on essential family spends like groceries and utilities.
Benefit from complimentary domestic airport lounge access for comfortable travel.
Get Buy One Get One offers on INOX movie tickets, perfect for entertainment.
Receive valuable Big Basket vouchers upon reaching quarterly spending milestones.
Cons
Key drawbacks and limitations of this card.
A nominal convenience fee of ₹99 is charged for each reward redemption request.
The card has a relatively high foreign currency markup of 3.5% on international spends.
Interest rates are dynamic and can be as high as 45% p.a. based on AMB.
Lounge access is limited to domestic airports only, with no international benefits.
Specific dining and general travel benefits beyond lounge access are not detailed.
Product Details
Lifetime free credit card with no joining or annual renewal fees.
Bespoke 3-2-1 rewards structure on healthcare, groceries, and utilities.
Complimentary domestic airport lounge access for cardholders.
Enjoy Buy One Get One offers on INOX movie tickets.
Earn Big Basket vouchers on achieving quarterly spend milestones.
Designed specifically for family-oriented individuals.
Benefits & Features
Welcome Offer
Amazon Pay e-Voucher worth ₹400 on a minimum spend of ₹5,000 within the first 30 days.
Rewards Rate
Bespoke 3-2-1 rewards structure on healthcare, groceries, and utility bill payments.
Reward Type
Reward Points
Domestic Lounge Access
Complimentary domestic airport lounge access.
Movie Benefits
Buy One Get One (BOGO) offers on INOX movie tickets.
What matters, explained clearly
Introduction
The Federal Bank Imperio Credit Card, issued by Federal Bank, is a lifetime free credit card designed for family-oriented individuals. It offers a bespoke 3-2-1 rewards structure, providing accelerated points on essential categories like healthcare, groceries, and utility bill payments. Key differentiating benefits include complimentary domestic airport lounge access, Buy One Get One (BOGO) offers on INOX movie tickets, and complimentary Big Basket vouchers on achieving quarterly spending milestones.
Welcome Benefits
- Receive an Amazon Pay e-Voucher worth ₹400 on a minimum spend of ₹5,000 within the first 30 days of card issuance.
Fees
- Joining Fee: Nil (Lifetime Free Credit Card).
- Renewal Fee: Nil (Lifetime Free Credit Card).
- Rewards Redemption Fee: A nominal convenience fee of ₹99 (minimum) will be charged per redemption request. The actual fee will be displayed at the time of redemption.
- Foreign Currency Markup: 3.5% of the transacted amount.
- Interest Rates (Annual Percentage Rate - APR):
- Dynamic APR starting from 1.99% p.m. (23.88% p.a.) up to 3.75% p.m. (45% p.a.), linked with the Average Monthly Balance (AMB) in the operative account.
- For AMB less than ₹50,000: 45.00% p
Frequently Asked Questions
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