Federal Bank Visa Celesta Credit Card Review

The Federal Bank of India offers the Visa Celesta Credit Card, which is a low-cost lifestyle credit card. This card is intended to provide excellent lifestyle features at a reasonable price. It includes a robust credit card rewards programme that will make every transaction worthwhile. You’ll also have access to airport lounges for free, as well as special food offers. The interest rate on the federal bank credit card is the most intriguing aspect; it has a dynamic interest rate, which means that the monthly interest rate on your card is decided based on your average monthly balance. The benefits of a federal bank credit card are explored in greater detail below.

Federal Bank Credit Card Eligibility Criteria:

The required qualifying criteria for this card have not been clearly stated by Federal Bank, but based on our experience, we believe they should be.

  • 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 a federal bank credit card online at the federal bank card application site, and you can check the status of your credit card application at the federal credit card application tracking page once you’ve submitted it successfully.

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

According to the new credit card laws, all new federal bank cards are delivered in an inactive condition, and users must manually activate them by generating a new PIN before using them. The Cashback beta faq page can assist you with the credit card activation process.

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:

You will receive a Rs. 2000 amazon e-gift voucher if you spend Rs. 10,000 during the first 30 days of the card’s activation. This federal bank gift card can be used to shop on the Amazon e-commerce site.

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

Federal Bank offers a very unusual reward structure on this credit card, where your every transaction will be rewarded. The table below contains the details of the federal bank reward points programme.

Category of transactionRate of earning rewards 
Travel and International transactions3x federal bank rewards
Spends made on the dining categories2x reward points
All other transactions made using this card1x reward points

Enjoy free access to domestic and international airport lounges:

Most premium domestic and international airport lounges are free to use with this federal bank visa card. Domestic lounge access is limited to four every quarter, and overseas lounge access is limited to two per year.

Get free movie tickets every month:

If you book a movie ticket at an Inox cinema using this federal bank credit card, you will receive a free second one. A limit of one free ticket is available every federal bank credit card statement cycle.

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

Federal Bank’s “FedDelights” programme gives you up to a 15% discount on your dining bill. This promotion is only valid at certain partner restaurants.

Get freedom from fuel surcharges:

You will receive a 1% discount on fuel surcharges if you use this Visa Platinum credit card to purchase fuel. This promotion is valid at any Indian petrol station.

Make your card fee for a lifetime:

You will receive a total waiver on your following year’s credit card annual fee if you spend Rs. 3,00,000 using your card within a year. So, if you want your card to be free for life, all you have to do is spend 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 provide you with access to all of the most recent Visa offers and promotions in areas such as food, dining, travel, and lifestyle.

Feel more secure with the advanced EMV chip:

This card has an EMV chip integrated in. The EMV chips are supposed to keep your information safe by encrypting it. It makes cloning your card nearly impossible. However, fraudulent transactions can occur at any time, so if you detect anything odd with your account, contact the Federal bank hotline right away. You can also disable your card temporarily through your federal bank online net banking account.

Federal Bank Visa Celesta Credit Card Charges:

ParticularsPayable amount
Charges for cash withdrawal by credit card2.5% 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 ChargesAverage monthly balance Rate of interestRs. 10,00,0000.49% monthlyRs. 3,00,001 to 10,00,0001.49% monthlyRs. 50,000 to Rs. 3,00,0002.49% monthly Rs. 50,000 or lower3.49% monthly
Federal bank international transaction charge2% against the transaction amount (applicable once per withdrawal)
Add-on card feeRs. 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: [email protected] 

Cashback beta Ratings: 

7/10

Federal Bank Celesta Credit Card Advantages and Disadvantages:

Celesta credit card advantagesCelesta credit card disadvantages 
Powerful reward programDynamic interest rateAnnual fee waiver optionAdd-on cards are not free of costLack 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 Cashback beta top 10 credit card page.