Enjoy Simple Rewards Every Day With Federal Bank VISA Imperio Credit Card

Bio

Sandipan Mitra is the CEO and co-founder of Pice. He boasts eight years of experience in the B2B and fintech sector. Sandipan's journey includes significant roles at multiple Indian Unicorns Including Product at PayU, and as founding member / VP, Product at Open Financial Technologies.

15 Apr 26
3 mins

Sandipan Mitra

08 Mins
15-04-26

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Table of Contents

Federal Bank VISA Imperio Credit Card Benefits
Federal Bank VISA Imperio Credit Card Charges

Earn 3X rewards on grocery and healthcare expenses.
Earn 2X rewards on utility bill payments.
Get a ₹400 Amazon voucher when you spend ₹5,000.
Enjoy 2 lounge visits per quarter by spending ₹40,000.

The Federal Bank VISA Imperio Credit Card, which initially has a joining and annual fee of ₹1,500, is currently available under a lifetime-free offer for a limited period starting April 2023. The card is designed for everyday spending needs.

It offers simple rewards and is a practical choice for regular use. Cardholders also get access to a wide range of Visa offers across travel, dining, shopping, entertainment, and lifestyle, which adds extra value to daily transactions.

Federal Bank VISA Imperio Credit Card Benefits

The card follows a 3-2-1 reward structure, offering 3X rewards on grocery and healthcare, 2X on utility payments, and 1X on other spends.

This helps you earn rewards easily on regular expenses. But what other features of the Federal Bank VISA Imperio Credit Card should you know?

Welcome Benefit: Get an Amazon Pay voucher worth ₹400 when you spend ₹5,000 within the first 30 days of card activation.
Movie Offer: Enjoy BOGO on INOX tickets every month and receive ₹100 off on the second ticket for extra savings.
BigBasket Benefit: Receive complimentary BigBasket vouchers when you spend ₹50,000 in a quarter using your credit card.
Lounge Access: Spend ₹40,000 in a quarter to unlock 2 complimentary domestic lounge visits in the following quarter.
Fuel Waiver: Get 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, with a maximum benefit of ₹150 per month.

Federal Bank VISA Imperio Credit Card Charges

The Federal Bank Imperio Credit Card international transaction charges include a foreign currency markup fee of 3.5% on all overseas spending.

Below are the other key charges applicable to this credit card:

Parameters	Charges
Cash Advance Fee	2.5% or ₹500 (whichever is higher)
Fee for Cash Payment	₹100
Overlimit Charges	2.5% or minimum ₹500
Cheque Dishonour Charges	2% or min. ₹450
Rewards Redemption Fee	₹99
Card Replacement Charges	₹200
Late Payment Charges	Till ₹250: NIL₹251 - ₹1,000: ₹250₹1,001 - ₹5,000: ₹500₹5,001 - ₹25,000: ₹1,000Above ₹25,000: ₹1,250

💡Do you own multiple credit cards, and paying the bills gets messy and chaotic? Don't stress! Simply download the Pice app and pay in 3 simple steps! Link all your credit cards, choose from the list, enter details and amount and pay smoothly through the secure platform!

Footnotes

The Federal Bank Imperio Credit Card is also available on RuPay and Mastercard networks for better acceptance.
Each reward point is worth ₹0.25 and is valid for 36 months, while partner points are valid for 12 months.
The cash advance limit of the Federal Bank Imperio Credit Card is set at 20% of your total credit limit.

FAQs

What are the fee waiver conditions for this card?

Though currently lifetime free under a limited offer, if and when the fees apply, you can waive the joining fee by spending ₹20,000 in 3 months and the annual fee by spending ₹1,50,000 yearly.

What is the add-on card limit and fee?

You can add up to 4 add-on cards for your family members. Each add-on card comes with a fee of ₹100.

What are the Federal Bank VISA Imperio Credit Card application criteria?

To apply for a Federal Bank Imperio Credit Card, applicants must be 21+ for unsecured or 18+ for secured cards. You must be an Indian resident or NRI with a good credit history.