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Canara Bank RuPay Select Credit Card VS Federal Bank Imperio Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.
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Last updated: 1 May 2026

Both Canara Bank RuPay Select Credit Card and Federal Bank Imperio Credit Card suit shopping-focused spenders, but they earn and cost differently. Canara Bank RuPay Select Credit Card is lifetime-free and earns 2 points for every ₹100 spent (PoS/e-commerce), each point valued at ₹0.25. Federal Bank Imperio Credit Card is lifetime-free and earns bespoke 3-2-1 rewards structure on healthcare, groceries, and utility bill payments. Canara Bank RuPay Select Credit Card also brings 2 complimentary access per quarter for self. Covers 30 Lounges across 11 cities in India, while Federal Bank Imperio Credit Card counters with complimentary domestic airport lounge access. If shopping spending matters more, go with Canara Bank RuPay Select Credit Card; if utilities is the priority, Federal Bank Imperio Credit Card fits better.

Canara Bank RuPay Select Credit Card
Canara Bank RuPay Select Credit Card
Federal Bank Imperio Credit Card
Federal Bank Imperio Credit Card

Fees & Charges

Joining FeeLifetime Free
Joining FeeLifetime Free
Renewal FeeLifetime Free
Renewal FeeLifetime Free
Spend Based Waiver
Spend Based Waiver
Foreign Transaction FeesUpto 3% of the transaction amount.
Foreign Transaction Fees3.5% of the transacted amount.
Interest Rate (APR)2.50% per month (Annualized Percentage Rate 30%).
Interest Rate (APR)Dynamic APR from 1.99% p.m. (23.88% p.a.) up to 3.75% p.m. (45% p.a.).

Rewards & Benefits

Welcome Bonus
Welcome BonusAmazon Pay e-Voucher worth ₹400 on a minimum spend of ₹5,000 within the first 30 days.
Rewards RateEarn 2 points for every ₹100 spent (PoS/e-commerce), each point valued at ₹0.25.
Rewards RateBespoke 3-2-1 rewards structure on healthcare, groceries, and utility bill payments.
Reward TypeReward Points, Cashback
Reward TypeReward Points
Reward Redemption Fee
Reward Redemption FeeA nominal convenience fee of ₹99 (minimum) will be charged per redemption request.

Travel & Lifestyle

Domestic Lounge Access2 complimentary access per quarter for self. Covers 30 Lounges across 11 cities in India.
Domestic Lounge AccessComplimentary domestic airport lounge access.
International Lounge Access2 complimentary access per year for self. Covers 500+ Lounges across 300+ cities worldwide.
International Lounge Access
Travel BenefitsComplimentary domestic/international lounge access. 24X7 Concierge for hotel, dining, car rental, travel.
Travel Benefits
Movie Benefits
Movie BenefitsBuy One Get One (BOGO) offers on INOX movie tickets.
Dining Benefits5% cashback on eating places & restaurants, capped at ₹50 per month.
Dining Benefits
Golf Benefits
Golf Benefits
Fuel Surcharge Waiver1% of transaction (min ₹10) + taxes. Max ₹100/month reimbursement on ₹2500+ spend.
Fuel Surcharge Waiver

Security & Other

Insurance BenefitsComprehensive cover: Personal Accident (up to ₹8L), RuPay Insurance (₹10L), Lost Card Liability, Baggage & Purchase Protection.
Insurance Benefits
Cash Advance Charges3% of transaction (min ₹150 at Canara ATMs) or 3% of advance (min ₹30/₹1000) + finance charges.
Cash Advance Charges
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Apply Now(opens in new tab)
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

Canara Bank RuPay Select Credit Card

Federal Bank Imperio Credit Card

Who is it for?

The Canara Bank RuPay Select Credit Card is a lifetime free offering, ideal for new credit card users and those focused on shopping. It provides valuable benefits like complimentary domestic and international airport lounge access, comprehensive insurance coverage, and cashback on utility bills and dining. With a low interest rate and flexible reward redemption, it's a strong choice for everyday spending and travel perks.

Who is it for?

The Federal Bank Imperio Credit Card is a lifetime free card designed for family-oriented individuals. It offers a unique 3-2-1 rewards structure on essential categories like healthcare and groceries, along with complimentary domestic lounge access and BOGO movie offers. Cardholders also receive Big Basket vouchers on quarterly spending milestones, making it ideal for everyday family expenses and entertainment.

Pros

Key benefits and features.

Lifetime free card with no joining or annual fee, making it highly accessible.

Offers complimentary domestic and international airport lounge access.

Provides comprehensive insurance benefits including accident and purchase cover.

Features a competitive low interest rate of 2.5% per month on outstanding balances.

Earns high reward points on transactions and allows encashment against outstanding.

Pros

Key benefits and features.

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.

Lacks specific dining or entertainment benefits beyond general cashback offers.

The foreign currency markup fee of up to 3% is relatively high for international use.

An inactivity fee of ₹300 applies if annual card turnover is below ₹1,00,000.

Cons

Key drawbacks and limitations.

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.

How We Compare These Cards

Every comparison on CardsForYou is built from the same verified data set we use across the site - joining and renewal fees, reward rates, forex markup, lounge access, and insurance benefits - sourced directly from each issuer and refreshed regularly. We highlight the lower-cost option on fees automatically, but "best" always depends on your own spending pattern: a card that wins on annual fee may lose on reward rate for a heavy spender, and vice versa. Use the table above alongside your own typical monthly spend to judge real value, not just the headline numbers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.
Apply for Canara Bank RuPay Select Credit Card(opens in new tab)Apply for Federal Bank Imperio Credit Card(opens in new tab)