Federal Bank
Federal Bank Visa Platinum Credit Card
Mid-tier Visa Platinum with rewards, lounge access, and fuel waiver
₹1,500/yr annual fee · 3x rewards
By FinWiz24 Research Desk · Last reviewed · How we review
FinWiz24 Research Desk
Verified independently against issuer Terms & Conditions
Editorial Team
-
Best for
- Mid-tier Visa user
- Traveller
-
What we like
- Domestic lounge access
- 3x rewards on retail spend
- Global Visa Platinum acceptance
-
Watch out for
- ₹1,500 non-waiver joining fee
- Standard 3.5% forex markup
- Spend threshold of ₹2 lakh/year required to waive annual fee
Annual fee
₹1,500/yr
Reward rate
3x
Min. income
₹5,00,000
Forex markup
3.5%
Lounge access
Domestic only
Eligibility
₹5 lakh/yr · CIBIL 720+
Reward cap
Not explicitly stated
Welcome benefit
₹1,000 voucher on annual spends ≥ ₹1,50,000; ₹2,000 voucher on ≥ ₹3,00,000.
Federal Bank Visa Platinum Credit Card review: mid-tier Visa Platinum with rewards on retail and dining spend, complimentary domestic lounge access, fuel surcharge waiver, and milestone vouchers for mid-tier spenders.
Who is this for
- Mid-tier Visa user
- Traveller
What we like
- Domestic lounge access
- 3x rewards on retail spend
- Global Visa Platinum acceptance
Watch out for
- ₹1,500 non-waiver joining fee
- Standard 3.5% forex markup
- Spend threshold of ₹2 lakh/year required to waive annual fee
Issuer
Federal Bank is an RBI-regulated entity. See RBI's Master Directions on Credit Cards for the regulatory framework.
Fees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Joining fee | ₹1,500 | Not waivable |
| Annual fee | ₹1,500 | Waived on annual spends ≥ ₹2,00,000 |
| Renewal fee | ₹1,500 | Waived on annual spends ≥ ₹2,00,000 |
| Forex markup | 3.5% | Not waivable |
| Late payment | ₹1,000 | Not waivable |
| Cash advance | 2.5% of amount | Not waivable |
| Fuel surcharge | 1% | 1% surcharge waived on fuel transactions between ₹400 and ₹4,000 (max ₹500/month) |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 3 Reward Points per ₹100 on retail spend; 2 Reward Points per ₹100 on dining; 1 Reward Point per ₹100 on utility & in… | Not explicitly stated | Redeemable via Federal Bank rewards portal |
| DINING | 2.00 | — | 0.50 |
| SHOPPING | 3.00 | — | 0.50 |
| TRAVEL | 3.00 | — | 0.50 |
Benefits
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Domestic Lounge Access Highlight
2 complimentary domestic airport lounge visits per quarter.
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Global Visa Platinum Acceptance
Accepted at all Visa merchants worldwide.
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Fuel Surcharge Waiver
1% surcharge waiver on fuel transactions between ₹400 and ₹4,000 (max ₹500/month).
-
Milestone Vouchers
₹1,000 voucher on annual spends ≥ ₹1,50,000; ₹2,000 voucher on ≥ ₹3,00,000.
Eligibility
- Age
- 21–65 years
- Min. income
- ₹5,00,000
- Min. credit score
- 720+
- Score note
- Good credit card required
- Employment
- Salaried, self-employed
- Documents
- PAN, Aadhaar (DigiLocker sufficient), salary slip / ITR for self-employed
Federal Bank Visa Platinum Credit Card is the mid-tier Visa Platinum tier. It targets mid-tier spenders with global acceptance and lounge access.
Fees and rewards
- Joining fee: ₹1,500 (non-waiver)
- Annual fee: ₹1,500, waived on annual spends ≥ ₹2,00,000
- Rewards: 3 Reward Points per ₹100 on retail spend; 2 Reward Points per ₹100 on dining
- Forex markup: 3.50%
Benefits
- 2 domestic lounge visits per quarter
- Global Visa Platinum acceptance
- ₹1,000 milestone voucher on ₹1.5 lakh spend; ₹2,000 on ₹3 lakh
- 1% fuel surcharge waiver (max ₹500/month)
Eligibility
Minimum annual income ₹5,00,000 (salaried) / ITR-based for self-employed. Good credit score required.
Card data is compiled from the issuer’s published fee schedules. Last reviewed 2026-09-26.
Step-by-step application guide: Read the Federal Bank Visa Platinum Credit Card apply walkthrough →
Apply for Federal Bank Visa Platinum Credit Card
Last reviewed · How we review
FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.
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Frequently asked questions
Is the Federal Bank Visa Platinum Credit Card worth it?
What is the annual fee for the Federal Bank Visa Platinum Credit Card?
How does the Federal Bank Visa Platinum Credit Card reward rate work?
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Does the Federal Bank Visa Platinum Credit Card offer airport lounge access?
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