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

 

[federer.reddevil]

That got approved much faster than I expected, nice.

How many enquiries you have in last 6 months?

 

[repertoire]

How many enquiries you have in last 6 months?

775 cibil with 3 enquiries.

 

[federer.reddevil]

I have around 7 enquiries so going to wait before applying eventhough I have invite

 

[krishc]

775 cibil with 3 enquiries.

did you get any CIBIL hit for this Federal Scapia ?

 

[repertoire]

did you get any CIBIL hit for this Federal Scapia ?

I did. But oddly, it shows up as a personal loan enquiry and not a credit card one.

 

[Rkr]

Federal core card is not serving at my location - they hit limit and then rejected
So should I try for this card ? Brother have one card with federal so co branded is serviceable

First check whether your one card is issues by federal or some other bank. If from federal bank then don't go ahead for application.

 

[njnish]

Got invite for scapia,Applied & got rejected.Cibil 756.

 

[sinew]

Physical card looks like this, the box is a gem Ill see if I can upload an unboxing vid

 

[armat]

D

Download app and give your precious private information and they will comeback with the invite later

Is the invite Through phone SMS ? How did you get the invite ?

 

[BeingIncog]

Is the invite Through phone SMS ? How did you get the invite ?

both sms and whatsapp.

 

[armat]

I don't know, Federal bank does this kind of bkchdi.

my application was rejected for one of their cards and looking at other's replies on that thread, I think number of enquiries matters for federal.

in addition, they also asked me to submit my bank account statements for last 3 months before rejecting. the bank account had more than enough salary credit that was required for the card.

Did they ask to upload bank statement in scapia app ? What are the things you uploaded for Scapia card ?

 

[armat]

Bad news for all who got no offers from Federal bank cards, Scapia also outright rejects your application. Got rejected at a CIBIL of 786.

What are the details you provided ? Is there any documents to upload?

 

[armat]

both sms and whatsapp.

I have the card, here's my quick review

App:
Clean and functional

Benefits:
0% forex markup on credit. (Really good as forex card) Rate will be https://www.visa.co.in/support/consumer/travel-support/exchange-rate-calculator.html
Lounges (Unlimited domestic for primary on spend of 5k in previous cycle)

Target audience
Travelers

Points system
You earn scapia coins where each coin is worth 0.2 Rs
2% regular spends
4% on booking travel via scapia app
No rewards on rent/forex/crypto/taxes/education. That includes foreign spends

Redemption
Booking Hotel/Flights using an integration with an aggregator. Interface works well

Card:
The design of the card is a youthful orange with a traveler graphic. Will get a second look at the POS machine. Unboxing fans will really love the packaging


Future expansion
They are bringing BNPL for travel

Things they need to do
Onboard booking and rewards for IRCTC, Redbus, outstation cab providers

In all if you are a young travel enthusiast, APPLY for this card.

did they ask any documents? What are things you filled for the application?

 

[BeingIncog]

did they ask any documents? What are things you filled for the application?

not applying. i don't if invite works if shared.

 

[V G]

I have the card, here's my quick review

App:
Clean and functional

Benefits:
0% forex markup on credit. (Really good as forex card) Rate will be https://www.visa.co.in/support/consumer/travel-support/exchange-rate-calculator.html
Lounges (Unlimited domestic for primary on spend of 5k in previous cycle)

Target audience
Travelers

Points system
You earn scapia coins where each coin is worth 0.2 Rs
2% regular spends
4% on booking travel via scapia app
No rewards on rent/forex/crypto/taxes/education. That includes foreign spends

Redemption
Booking Hotel/Flights using an integration with an aggregator. Interface works well

Card:
The design of the card is a youthful orange with a traveler graphic. Will get a second look at the POS machine. Unboxing fans will really love the packaging


Future expansion
They are bringing BNPL for travel

Things they need to do
Onboard booking and rewards for IRCTC, Redbus, outstation cab providers

In all if you are a young travel enthusiast, APPLY for this card.

Bhai Tumhe itni jaldi card kaisa mila? When did this launch?

 

[rahulsethi]

What are the details you provided ? Is there any documents to upload?

Normal income details, they didn't ask for any document upload.

 

[Akash Topder]

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.

Same question but not going to apply now since I have FI and Jupiter accounts and have ton of enquiries in the last 6 months.

 

[Salvo08]

but they've chosen one of worst possible banking partner for credit card

That's because Federal Bank is probably the only malleable bet in the banking sector. They are with Fi, One Card, Ind Money and now Scapia. I must have missed out some

 

[krishc]

That's because Federal Bank is probably the only malleable bet in the banking sector. They are with Fi, One Card, Ind Money and now Scapia. I must have missed out some

yes, and Federal have put one card per customer policy 🤣🤣🤣

 

[mgforce]

I did. But oddly, it shows up as a personal loan enquiry and not a credit card one.

Yes

did you get any CIBIL hit for this Federal Scapia ?

Indeed... Did a Personal Loan enquiry for Rs 5000/-

Need to get this changed to reflect as Credit Card enquiry