Federal Bank Visa Celesta Credit Card Review

The Federal Bank Visa Celesta Credit Card is a low-cost lifestyle credit card offered by the Federal Bank of India. This card is designed to offer premium lifestyle benefits at a relatively low cost. It comes with a powerful credit card rewards program that will make your every transaction rewarding. You will also get free access to airport lounges, exclusive deals on dining, etc. The most interesting feature of the federal bank credit card is the interest rate, it comes with a dynamic interest rate, which means the monthly interest rate on your card will be determined according to your average monthly balance. More details about federal bank credit card benefits are discussed below.

Federal Bank Credit Card Eligibility Criteria:

Federal bank has not clearly mentioned the required eligibility criteria for this card, but as per our experience, we can say that it should be like this.

  • Resident Type: Indian
  • For salaried person:
    • Age: 21 to 60 years. 
    • Income: the average monthly income of the application should be Rs. 30,000 or more.
  • For self-employed person:
    • Age: 21 to 65 years. 
    • Income: The annual income tax return should be Rs. 5 lakh. 
  • An excellent credit score (760 or more) will help you to get a higher credit limit on this card.

You can apply for federal bank credit card from the online federal bank card application portal, once you have submitted your application successfully, you can track the status of your credit card application from the federal credit card application tracking page. 

Documents Required To Apply For Federal Bank Celesta Card:

  • Photocopy of Address proof (any 1)
    • Last 6 months bank account Statement
    • Aadhar Card
    • Driving License
    • Passport
    • Utility bills
  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Two recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Salary Slip of last 3 months
      • ITR (Income Tax Return)
    • Self-employed person
      • Income tax return of the last year
      • Proof of business

As per the new credit card rules, all new federal bank cards are delivered in an inactive state, and to start using the cards the users need to activate them manually by generating a new PIN. You can get some help on the credit card activation process from the 100xGain faq page

Federal Credit Card Fees:

  • Federal bank credit card joining fee: Rs. 3000 + GST (One time)
  • Federal bank credit card annual fee: Rs. 3000 + GST (Per year)

Federal Bank Visa Celesta Credit Card Benefits:

  • Get an exclusive e-gift voucher with the activation of your card:

On spending Rs. 10,000 within the first 30 days of the card’s activation, you will get an Rs. 2000 amazon e-gift voucher. You can use this federal bank gift card for shopping at the Amazon e-commerce site.  

  • A very powerful reward scheme that will make your every transaction rewarding:

On this credit card federal bank offers a very unique reward structure, where your every transaction will be rewarded. The details of the federal bank reward points scheme are specified in the table below. 

Category of transaction Rate of earning rewards 
Travel and International transactions 3x federal bank rewards
Spends made on the dining categories 2x reward points
All other transactions made using this card 1x reward points
  • Enjoy free access to domestic and international airport lounges:

This federal bank visa card gives you free access to most of the premium domestic and international airport lounges. You will get a maximum of 4 access per quarter at domestic lounges and 2 free accesses in a year at international lounges.

  • Get free movie tickets every month:

If you use this federal bank credit card to book a movie ticket from the Inox cinemas, you will get another one completely free. You can get a maximum of 1 free ticket per federal bank credit card statement cycle. 

  • Great deals on dining that will make a perfect evening for you:

Under the “FedDelights” program, federal bank offers up to a 15% discount on your dining bill. This offer is applicable only at some partners restaurants.

  • Get freedom from fuel surcharges:

If you use this visa platinum credit card to purchase fuel, you will get a 1% discount on fuel surcharges. This offer is applicable at any fuel station in India. 

  • Make your card fee for a lifetime:

On spending Rs. 3,00,000 with your card within a year, you will get a complete waiver on your next year’s credit card annual fee. So, if you want to make your card free for a lifetime, you just have to keep spending Rs. 3,00,000 per year.

  • Get access to all the Visa offers and deals:

This federal bank verified by visa credit card will also give you access to all the latest Visa offers and deals on various categories like food, dining, travel, lifestyle, etc. 

  • Feel more secure with the advanced EMV chip:

This card has a built-in EMV chip in it. The EMV chips are designed to store your data using a very strong encryption method. It makes your card nearly impossible to clone.  But fraudulent transactions can happen anytime, and if you notice something suspicious with your account, you should immediately inform it by calling the Federal bank helpline number. You can also temporarily block your card from your federal bank online net banking account

Federal Bank Visa Celesta Credit Card Charges:

Particulars Payable amount
Charges for cash withdrawal by credit card 2.5% against the withdrawn amount, min Rs. 500 (applicable once per withdrawal, also check o  your federal bank credit card limit before making a withdrawal)
Finance Charges
Average monthly balance  Rate of interest
Rs. 10,00,000 0.49% monthly
Rs. 3,00,001 to 10,00,000 1.49% monthly
Rs. 50,000 to Rs. 3,00,000 2.49% monthly 
Rs. 50,000 or lower 3.49% monthly
Federal bank international transaction charge 2% against the transaction amount (applicable once per withdrawal)
Add-on card fee Rs. 100 per card (Max 3 card)

Federal Bank Credit Card Customer Care Contact Details:

  • Call the federal bank credit card customer care number: 1800 425 1199 or 1800 420 1199
  • Write to the federal bank credit card email id: contact@federalbank.co.in 

100xGain Ratings: 

7/10

Federal Bank Celesta Credit Card Advantages and Disadvantages:

Celesta credit card advantages  Celesta credit card disadvantages 
  • Powerful reward program
  • Dynamic interest rate
  • Annual fee waiver option
  • Add-on cards are not free of cost
  • Lack of benefits on shopping

Final Opinion:

As said before it is a low-cost lifestyle credit card. This card would be best for those who want to have a budget credit card. It is also a very good credit card for earning reward points and getting free access t airport lounges. The most unique feature of this card is the dynamic interest rate that varies depending on your average quarterly balance. So, if you are looking for a good lifestyle credit card on budget, then this card will be a good option for you. But if you are looking for a more premium option, then I would recommend you take a look at the 100xGain top 10 credit card page

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