{"id":84791,"date":"2026-01-23T12:09:28","date_gmt":"2026-01-23T06:39:28","guid":{"rendered":"https:\/\/piceapp.com\/blogs\/?p=84791"},"modified":"2026-01-23T12:09:32","modified_gmt":"2026-01-23T06:39:32","slug":"scapia-credit-card-interest-rate","status":"publish","type":"post","link":"https:\/\/piceapp.com\/blogs\/scapia-credit-card-interest-rate\/","title":{"rendered":"Scapia Credit Card Interest Rate: A Guide"},"content":{"rendered":"\n<div class=\"wp-block-group has-background\" style=\"background-color:#f2f5f9\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\" id=\"key-takeaways\">Key Takeaways<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Scapia Federal Credit Card offers a competitive interest rate of 3.75% per month, making it affordable for travellers.<\/li>\n\n\n\n<li>With zero joining and annual fees, the Scapia credit card stands out as a cost-effective choice.<\/li>\n\n\n\n<li>Even with premium travel perks, the Scapia credit card interest rate remains transparent and clearly defined.<\/li>\n\n\n\n<li>Compared to many travel cards, the Scapia credit card&#8217;s interest rate balances rewards and borrowing costs well.<\/li>\n\n\n\n<li>Frequent travellers benefit most as the interest rate complements high rewards and zero forex markup.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>Looking for a credit card that rewards your travel bookings without drowning you in interest rates? The Scapia Federal credit card could be just what you are looking for.&nbsp;<\/p>\n\n\n\n<p>This travel credit card is offered by Scapia Technologies Pvt. Ltd., a fintech company, in collaboration with Federal Bank. At just 3.75% Scapia credit card interest rate, you can get benefits like free airport lounge access, zero joining and annual charges and easy redemption.&nbsp;<\/p>\n\n\n\n<p>Want to know more about this credit card option? So, continue reading this blog for more information!<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#interest-rate-associated-with-the-scapia-federal-credit-card\">Interest Rate Associated with the Scapia Federal Credit Card<\/a><\/li><li><a href=\"#other-charges-applicable-for-scapia-federal-credit-card-holders\">Other Charges Applicable for Scapia Federal Credit Card Holders<\/a><\/li><li><a href=\"#benefits-for-scapia-federal-credit-card-holders\">Benefits for Scapia Federal Credit Card Holders<\/a><\/li><li><a href=\"#rewards-received-by-the-scapia-federal-bank-credit-card-holders\">Rewards Received by the Scapia Federal Bank Credit Card Holders<\/a><\/li><li><a href=\"#steps-to-apply-for-the-scapia-federal-credit-card\">Steps to Apply for the Scapia Federal Credit Card<\/a><\/li><li><a href=\"#important-updates-about-the-scapia-federal-credit-card\">Important Updates about the Scapia Federal Credit Card<\/a><\/li><li><a href=\"#conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"interest-rate-associated-with-the-scapia-federal-credit-card\"><strong>Interest Rate Associated with the Scapia Federal Credit Card<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"533\" src=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/Scapia-credit-card-interest-rate.jpeg\" alt=\"Interest Rate of Scapia Federal Credit Card\" class=\"wp-image-84843\" style=\"width:840px;height:auto\" title=\"\" srcset=\"https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/Scapia-credit-card-interest-rate.jpeg 800w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/Scapia-credit-card-interest-rate-300x200.jpeg 300w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/Scapia-credit-card-interest-rate-150x100.jpeg 150w, https:\/\/piceapp.com\/blogs\/wp-content\/uploads\/2026\/01\/Scapia-credit-card-interest-rate-768x512.jpeg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption><\/figcaption><\/figure>\n\n\n\n<p>Whether you are booking hotels or flights, the Scapia Federal Bank Credit Card is a true blessing for frequent travellers. Here are the different Scapia credit card interest rates and charges:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Charges<\/strong><\/td><td><strong>Rates and Details<\/strong><\/td><\/tr><tr><td>Annual Membership Fees<\/td><td>Nil (0%)<\/td><\/tr><tr><td>Joining Fees<\/td><td>Nil (0%)<\/td><\/tr><tr><td>Grace Period (Interest Free)<\/td><td>Up to 48 days<\/td><\/tr><tr><td>Interest Rate for Withdrawals\/ Cash Advances<\/td><td>45% p.a. (3.75% per month) from the withdrawal date&nbsp;<\/td><\/tr><tr><td>Interest Rate for Revolving Credit<\/td><td>45% p.a. (3.75% per month) from the transaction date<\/td><\/tr><tr><td>Interest Rate for Post-Purchase EMI Transactions<\/td><td>16% p.a.&nbsp;<\/td><\/tr><tr><td>Interest Rate for In-Store EMI Transactions (at the time of purchase)<\/td><td>Online Platforms:-PayU15.99% p.a.&nbsp;Offline Stores:-Pinelabs16% p.a.&nbsp;<\/td><\/tr><tr><td>Annual\/ Joining Fee for Add-on Card<\/td><td>NA<\/td><\/tr><tr><td>Card Replacement\/ Reissuance Fees<\/td><td>\u20b9200\/- + GST<\/td><\/tr><tr><td>ATM Withdrawal Fees\/ Cash Advance Fees<\/td><td>2.5% of the amount withdrawn or \u20b9500\/- whichever is higher<\/td><\/tr><tr><td>Cash Advance Limit<\/td><td>Up to 10% of the total card limit<\/td><\/tr><tr><td>Minimum Amount Due<\/td><td>5% of purchases (POS, E-com) + cashwithdrawals (100% of EMIs due, charges, interest and fees or a minimum of \u20b9200).<\/td><\/tr><tr><td>Overlimit Charges<\/td><td>2.5% of the overlimit amount (minimum \u20b9500\/-)<\/td><\/tr><tr><td>Service Charges Applicable to Transactions<\/td><td>Nil (0%)<\/td><\/tr><tr><td>Foreign Currency Mark-up<\/td><td>Nil (0%)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Notes:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>There is no interest-free period for cash.<\/li>\n\n\n\n<li>The interest rate for post-purchase EMI transactions and In-Store EMI transactions is applicable for 3, 6, 9, 12, 15, 18, 21 and 24 months tenure. Also, the tenure might vary based on the amount.<\/li>\n\n\n\n<li>The card add-on facility is currently unavailable for the Scapia Federal credit card.&nbsp;<\/li>\n\n\n\n<li>The auto debit feature is yet to be introduced for this card.&nbsp;<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"other-charges-applicable-for-scapia-federal-credit-card-holders\"><strong>Other Charges Applicable for Scapia Federal Credit Card Holders<\/strong><\/h2>\n\n\n\n<p>Apart from the regular Scapia credit card interest rates and charges, there are certain other applicable charges for different types of transactions. Let us take a look:<\/p>\n\n\n\n<p><strong>Utility Transaction<\/strong><\/p>\n\n\n\n<p>If you spend more than \u20b950,000 in a month, then a convenience fee of 1% + GST is applicable. The maximum amount is \u20b93,000 per transaction.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Fuel Transaction Surcharge<\/strong><\/li>\n<\/ul>\n\n\n\n<p>For transactions of \u20b95,000 and below, a surcharge waiver of 1% will be applicable. However, the maximum wavering amount per month is \u20b9500.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Failure of Auto Debit<\/strong><\/li>\n<\/ul>\n\n\n\n<p>You need to pay 2% of the payment amount, subject to a minimum of \u20b9450, in case a scheduled automatic debit fails.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Wallet and Rent Load<\/strong><\/li>\n<\/ul>\n\n\n\n<p>A convenience fee of 1% + GST is applicable for spending on rent. The maximum amount is \u20b93,000 per transaction.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Late Payment Charges<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The table below shows the late payment charges:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Statement Balance<\/strong><\/td><td><strong>Amount in (\u20b9)<\/strong><\/td><\/tr><tr><td>More than \u20b950,000<\/td><td>1,000<\/td><\/tr><tr><td>\u20b925,001 to \u20b950,000<\/td><td>950<\/td><\/tr><tr><td>\u20b910,001 to \u20b925,000<\/td><td>750<\/td><\/tr><tr><td>\u20b95,001 to \u20b910,000<\/td><td>600<\/td><\/tr><tr><td>\u20b9501 to \u20b95,000<\/td><td>500<\/td><\/tr><tr><td>\u20b9100 \u2013 \u20b9500<\/td><td>100<\/td><\/tr><tr><td>Less than \u20b9100<\/td><td>0<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\ud83d\udca1For your bill payments and tracking business transactions, use<a href=\"https:\/\/piceapp.com\/\"> the PICE App<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"benefits-for-scapia-federal-credit-card-holders\"><strong>Benefits for Scapia Federal Credit Card Holders<\/strong><\/h2>\n\n\n\n<p>If you are rethinking about getting this card because of the Scapia credit card interest rates,<strong> <\/strong>consider the following benefits it offers:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Airport Privileges<\/strong><\/li>\n<\/ol>\n\n\n\n<p>You can get unlimited domestic lounge access, with complimentary spa, shopping or dining. However, you have to spend \u20b915,000 on your RuPay card or \u20b910,000 on your Mastercard or Visa card.&nbsp;<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Zero Forex Markup Fees<\/strong><\/li>\n<\/ol>\n\n\n\n<p>No forex markup fees are applicable for international transactions with this card. In other words, no foreign exchange charges are applicable if you use this card for your international holiday expenses.&nbsp;<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>No Cost EMI<\/strong><\/li>\n<\/ol>\n\n\n\n<p>There are no extra charges applicable for flight and hotel bookings through the Scapia app. However, this benefit is valid only for the first 3 months after getting the card. After this, you will begin earning Scapia coin rewards as per the applicable slabs.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"rewards-received-by-the-scapia-federal-bank-credit-card-holders\"><strong>Rewards Received by the Scapia Federal Bank Credit Card Holders<\/strong><\/h2>\n\n\n\n<p>The Scapia credit card is designed for modern and frequent travellers who prefer to get additional rewards for using the card. Here are the different reward schemes offered for this credit card:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A 2% base reward is awarded for all types of transactions.<\/li>\n\n\n\n<li>10% of Scapia coins are offered for all online and offline transactions above the base reward.&nbsp;<\/li>\n\n\n\n<li>20% of Scapia coins are offered for all travel bookings, like hotels, flights, cars, etc., through the app above the base reward.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Notes:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Spending more than \u20b920,000 per month on cable, telecom or utility will not earn any reward points.<\/li>\n\n\n\n<li>No rewards are awarded for spending on EMI transactions, business services, government services, education, wallet reloads, gift cards, forex, crypto, rent or fuel.&nbsp;<\/li>\n\n\n\n<li>5 Scapia Coins = \u20b91<\/li>\n\n\n\n<li>Scapia coins are reusable for travel bookings.&nbsp;<\/li>\n\n\n\n<li>These coins are valid for 36 months.&nbsp;<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"steps-to-apply-for-the-scapia-federal-credit-card\"><strong>Steps to Apply for the Scapia Federal Credit Card<\/strong><\/h2>\n\n\n\n<p>You can follow simple steps to apply for this credit card after becoming satisfied with the Scapia credit card interest rates. These steps are:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-1-download-the-scapia-app\"><strong>Step 1: Download the Scapia App<\/strong><\/h3>\n\n\n\n<p>You can easily download the <a href=\"https:\/\/www.scapia.cards\/\" target=\"_blank\" rel=\"noopener\">Scapia app<\/a> on both iOS and Android.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-2-carry-out-the-digital-onboarding\"><strong>Step 2: Carry Out the Digital Onboarding<\/strong><\/h3>\n\n\n\n<p>After downloading the app, you need to verify your mail ID and mobile number. Then, enter your basic details, including your name, gender, PAN number and income.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-3-submit-kyc-details\"><strong>Step 3: Submit KYC Details<\/strong><\/h3>\n\n\n\n<p>Submit all the necessary documents to complete the digital KYC process. Since the process is digital, it is less consuming and gets completed almost instantly.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-4-receive-card-approval\"><strong>Step 4: Receive Card Approval<\/strong><\/h3>\n\n\n\n<p>Once the digital KYC is verified and completed, you will receive instant approval, along with a virtual card sent directly to you through the app.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"step-5-receive-the-credit-card\"><strong>Step 5: Receive the Credit Card<\/strong><\/h3>\n\n\n\n<p>You will receive your physical Scapia credit card within 2 to 5 business days.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"important-updates-about-the-scapia-federal-credit-card\"><strong>Important Updates about the Scapia Federal Credit Card<\/strong><\/h2>\n\n\n\n<p>While you need to know about the recent Scapia credit card interest rates, here are certain other important updates about this card:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Goods and Services Tax<\/strong><\/li>\n<\/ol>\n\n\n\n<p>The following GST regulations apply to all Scapia Federal credit cards:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>GST will apply to all fees, interest and other charges as per recent notifications of the Indian Government.&nbsp;<\/li>\n\n\n\n<li>All GST rates will be applicable on the place of supply and supplier, which is Federal Bank in this case.&nbsp;<\/li>\n\n\n\n<li>If the place of supply is in Kerala, then CGST and SGST (intra-state) will be applicable. Otherwise, IGST will be applicable (inter-state). However, if the customer&#8217;s mailing address is not available, intra-state GST rates will be applicable.<\/li>\n\n\n\n<li>The cardholder is responsible for providing timely and correct information. This will enable them to get the benefits of input tax credit.<\/li>\n<\/ul>\n\n\n\n<p><strong>Note: <\/strong>All GST collected is irreversible on charges, interest and fees or on any other concession.&nbsp;<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Withdrawal Limits<\/strong><\/li>\n<\/ol>\n\n\n\n<p>The cash withdrawal limit with the Federal Scapia credit card is 10% of the credit amount. Subsequently, the available credit limit is as per the approval during onboarding.&nbsp;<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Credit Card Network<\/strong><\/li>\n<\/ol>\n\n\n\n<p>From March 2025, the Federal Bank Scapia credit card is available on the RuPay network. It will be internationally acceptable and cardholders will be able to earn up to 5% reward points on amounts spent over \u20b9500 through UPI.<\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Compliance<\/strong><\/li>\n<\/ol>\n\n\n\n<p>As of February 2025, the Reserve Bank of India (RBI) has lifted the ban imposed on Scapia credit cards.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>The Scapia Federal credit card is an ideal option for modern and frequent travellers who are looking for better rewards on all their travel bookings. <\/p>\n\n\n\n<p>This credit card helps you bring savings and luxury together. You can enjoy free access to domestic airport lounges, zero-cost bookings, no forex markups and flexible reward points with every transaction. Hence, at a Scapia credit card interest rate of 3.75%, ensure your travel dreams come affordably!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"fa-qs\">FAQs<\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1769075348743\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the Scapia credit card interest rate?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The Scapia credit card interest rate is 3.75% per month (45% per annum) on revolving credit.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1769075371445\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Is there an interest-free period on the Scapia card?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, purchases get up to 48 days interest-free, excluding cash advances under the Scapia credit card interest rate rules.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1769075405433\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Does the Scapia card charge interest on cash withdrawals?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, cash advances attract immediate interest as per the Scapia credit card interest rate of 3.75% per month.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1769075423981\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Does late payment affect the Scapia credit card interest rate?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Late payments don\u2019t change the Scapia credit card interest rate but do attract penalty charges.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1769075457070\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Are there any annual fees linked to the interest rate?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No, the card has zero annual fees regardless of the Scapia credit card interest rate.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Looking for a credit card that rewards your travel bookings without drowning you in interest rates? The Scapia Federal credit card could be just what you are looking for.&nbsp; This travel credit card is offered by Scapia Technologies Pvt. Ltd., a fintech company, in collaboration with Federal Bank. At just 3.75% Scapia credit [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":84842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-84791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-card"],"_links":{"self":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/84791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/comments?post=84791"}],"version-history":[{"count":2,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/84791\/revisions"}],"predecessor-version":[{"id":84844,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/84791\/revisions\/84844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media\/84842"}],"wp:attachment":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media?parent=84791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/categories?post=84791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/tags?post=84791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}