Earn Rewards with Ease with the Federal Bank VISA Signet Credit Card

Bio

Shreyansh Singh, an IIT Kanpur alumnus, has eight years of experience in the finance industry. He has spent 5 years at American Express developing mid to long-term strategies for multiple markets including US, Europe and India. Shreyansh currently leads Growth and Strategy initiatives at Pice.

15 Apr 26
4 mins

Shreyansh Singh

08 Mins
15-04-26

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Table of Contents

Federal Bank VISA Signet Credit Card Benefits
Federal Bank VISA Signet Credit Card Lounge Access Cycle
Federal Bank VISA Signet Credit Card Charges

Earn 3X rewards on expenses on electronics and apparel.
Get a ₹200 Amazon voucher on spending ₹3,000.
Enjoy complimentary lounge access on spending ₹20,000 quarterly.
Get ₹100 off on your 2nd INOX ticket every quarter.
Add up to 4 add-on cards at ₹100 each for the family.

The Federal Bank VISA Signet Credit Card is designed to match modern spending needs with flexible rewards. It comes with a lifetime free offer for a limited period, while the usual joining and annual fee is ₹750.

Cardholders earn 3X rewards on electronics and apparel, 2X rewards on entertainment and 1X on all other spends. You can also add up to 4 add-on cards for family use.

Federal Bank VISA Signet Credit Card Benefits

The Signet VISA Credit Card welcomes you with an Amazon Pay e-voucher worth ₹200 when you spend ₹3,000 within the first 30 days of card usage.

Curious to know what other key perks the Federal Bank VISA Signet Credit Card offers?

Lounge Access: Spend ₹20,000 in a quarter to enjoy 1 complimentary domestic lounge visit in the next quarter.
Movie Offer: Enjoy BOGO on INOX tickets once a quarter. Get ₹100 off on the second movie ticket purchase.
Swiggy Vouchers: Receive complimentary Swiggy vouchers when you spend ₹20,000 in a quarter using your credit card.
Visa Offers: Access exclusive Visa deals across travel, dining, shopping, entertainment, and lifestyle for added savings and benefits.

Federal Bank VISA Signet Credit Card Lounge Access Cycle

To avail lounge access on the VISA Signet Credit Card, meet the spend requirement in one cycle to unlock complimentary access in the following quarter, as outlined below.

Quarterly Spend Cycle	Complimentary Lounge Access Availability
21st September - 20th December	1st January - 31st March
21st December - 20th March	1st April - 30th June
21st March - 20th June	1st July - 30th September
21st June - 20th September	1st October - 31st December

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Federal Bank VISA Signet Credit Card Charges

The Federal Bank Signet Card charges an APR starting from 1.99% monthly (23.88% annually) for higher balance ranges above ₹3,00,001. For balances below ₹3,00,000, the rate is 3.75% monthly (45% annually). These rates have been applicable from 10th January, 2026.

Here is a list of other important charges you should know:

Parameters	Charges
Cash Advance Fee	2.5% or ₹500 (whichever is higher)
Fee for Cash Payment	₹100
Overlimit Charges	2.5% or min. ₹500
Cheque Dishonour Charges	2% or min. ₹450
Rewards Redemption Fee	₹99
Foreign Currency Markup	3.5%
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

Stay on top of your payments and make the most of the 48-day interest-free period on your VISA Signet Credit Card.

💡Forget your worries about late payment charges by using the Pice App to get monthly bill payment reminders. Also, make credit card bill payments and track their status through the platform. Download the Pice App today!

Footnotes

The Federal Bank Signet Credit Card is also available on Mastercard and RuPay networks for wider usability.
Each reward point equals ₹0.25 and stays valid for 36 months, while partner reward points remain valid for 12 months.
Get an instant digital card after approval, while the physical card is delivered within 2–5 business days.
Cash advance limit for the Federal Bank Signet Credit Card is set at 10% of your total credit limit.

FAQs

What are the fee waiver conditions on the VISA Signet card?

The card is currently lifetime free, but the standard joining fee can be waived on spending ₹10,000 in 3 months. To waive the Federal Bank VISA Signet Credit Card annual fee, you must spend ₹75,000 yearly.

What is the basic eligibility for the Signet VISA card?

The Federal Bank VISA Signet Credit Card eligibility requires age 21+ for unsecured cards or 18+ for secured cards. Applicants must be Indian residents or NRIs with a good credit history, preferably 700+.