Scapia Credit Card co-branded With Federal Bank Full Details.

[TechnoFino]

SCAPIA TECHNOLOGY PVT. LTD (a fintech company) and Federal Bank are set to launch a co-branded credit card. Let's examine its benefits and reward system:
[Apply for LTF Scapia Federal Bank Credit Card: https://bit.ly/TFSCF ]



Benefits:

1. Unlimited domestic lounge access (unlock after spending 5000 in a month)
2. Zero Forex Markup Charges

Fees: Lifetime Free Credit Card. No joining fees, No annual fees.

Reward System:
Online & Offline Spends: earn 10 Scapia coins for every Rs. 100 spent.
Travel Booking on Scapia App: 20 Scapia coins for every Rs. 100 spent.

No reward points on international spends

Redemption:
5 Scapia coins = Rs. 1
You can redeem them for booking flights and hotels on the Scapia app.

Reward Rate: Normal spends - 2%
Travel booking via Scapia - 4%

Opinion: The benefits offered by this card look impressive. The inclusion of unlimited domestic lounge access is quite unexpected for a lifetime free card. However, one need to spend Rs. 5000 in month to get unlimited domestic lounge access. We'll have to wait for the detail terms and conditions to get a better idea about the card.
Apply for LTF Scapia Federal Bank Credit Card: https://bit.ly/TFSCF

 

[anirban.choudhury]

Today just around 10 am

Great
I also joined the waitlist around that time
You received the code in app or through message

 

[adi654]

Great
I also joined the waitlist around that time
You received the code in app or through message

Through sms

 

[captaintorchtm]

Please share the experience of applying like instant card generation , CIBIL hit etc.

Im not applying yet. Just got my magnus today so will wait for another application.

 

[BeingIncog]

Im not applying yet. Just got my magnus today so will wait for another application.

what interval i should maintain for applying cc from different banks? applied apay icici, hdfc rupay virtual, idfc all under 20 days. lol.

 

[captaintorchtm]

what interval i should maintain for applying cc from different banks? applied apay icici, hdfc rupay virtual, idfc all under 20 days. lol.

Not sure. You can check in Cibil score forum for more info. Magnus approval got me down 7 points so will wait for some recovery.

 

[federer.reddevil]

When did you join the waitlist ?

How to join Waitlist?

 

[sivarock]

Does getting this card brings restriction on applying other Federal Bank credit cards ?
I read that people with OneCard were not eligible for applying other Federal Bank CCs.

Hey,
I registered waitlist today morning and got code noon.

I hold a federal bank account through fi money

I applied and asked for basic information and asked permission to check cibil with otp then says conditionally approved and requested some information to decide limit.

Then asked about my working details, staying place, and family details.

After that, it says can't provide credit card at this time and wait for 90 days.

also posted some typical reasons list for rejection. But, in that, one point says need to surrender all your federal bank CCs and loans and then try again after 90 days.

So, On the whole, the federal bank allows only one credit card.

No cibil enquiry alert till now after an hour. Maybe later. I don't know.

This is the first time I am applying for federal bank. cibil 765, self-employed, But, recently 4 enquires in cibil. 2 for shared limit card and 2 for new card. all are approved but not reflected in cibil. only enquires reflected in cibil. May more enquires may be the reason.

 

[federer.reddevil]

Hey,
I registered waitlist today morning and got code noon.

I hold a federal bank account through fi money

I applied and asked for basic information and asked permission to check cibil with otp then says conditionally approved and requested some information to decide limit.

Then asked about my working details, staying place, and family details.

After that, it says can't provide credit card at this time and wait for 90 days.

also posted some typical reasons list for rejection. But, in that, one point says need to surrender all your federal bank CCs and loans and then try again after 90 days.

So, On the whole, the federal bank allows only one credit card.

No cibil enquiry alert till now after an hour. Maybe later. I don't know.

This is the first time I am applying for federal bank. cibil 765, self-employed, But, recently 4 enquires in cibil. 2 for shared limit card and 2 for new card. all are approved but not reflected in cibil. only enquires reflected in cibil. May more enquires may be the reason.

How you applied for the waitlist?

 

[sivarock]

How you applied for the waitlist?

Download app in play store or appstore

 

[federer.reddevil]

Download app in play store or appstore

On downloading and opening app getting this screen

 

[sivarock]

On downloading and opening app getting this screen

Have you already entered name and mobile number to join wishlist?

 

[federer.reddevil]

Have you already entered name and mobile number to join wishlist?

I entered name and mobile number while registering

 

[sivarock]

I entered name and mobile number while registering

That part was for join wishlist. Now wait. You will get invite code through SMS and whatsapp. Once you got that then visit this app, you can see option to enter that invite code.

 

[sivarock]

That part was for join wishlist. Now wait. You will get invite code through SMS and whatsapp. Once you got that then visit this app, you can see option to enter that invite code.

The invite code may take one day or more based on their logic. so wait. You can't do anything after this.

 

[wolfdalalstreet]

I applied for Federal Bank LTF CC when they were launched, I already have a Fi Money Account. The ducking morons at Federal Bank made a CIBIL Hit and at the end said that they cannot provide a CC & did not mention the reasons. I am a bit skeptical now with this and will wait till the initial heat simmers down.

 

[PayKaroAbhi]

Just received the invitation code, Filled up all the necessary details and then It started showing ' We need more time to process your application, we'll get back to you ASAP' 🙃

 

[captaintorchtm]

I applied for Federal Bank LTF CC when they were launched, I already have a Fi Money Account. The ducking morons at Federal Bank made a CIBIL Hit and at the end said that they cannot provide a CC & did not mention the reasons. I am a bit skeptical now with this and will wait till the initial heat simmers down.

I have heard a lot about the hardships faced by people applying for a federal bank card. ill wait as well.

 

[krishc]

Just received the invitation code, Filled up all the necessary details and then It started showing ' We need more time to process your application, we'll get back to you ASAP' 🙃

existing customer of Federal?

 

[rahulsethi]

Any idea Federal bank credit card offers will be applicable on this co-branded card? If yes, this is a good card for people like me who did not get any offer from Federal bank credit cards while applying online for some strange reasons known only to them.

 

[SSMV]

I also got the invite code just now

let me know of there is any cibil enquiry after giving Pan details

When did you joined for waitlist?