Federal Bank Platinum Visa Card - Travel & Shopping Rewards

Select your profession

Salaried

Business

Doctor

NRI

School

College

Student

Enter Pincode

Personal Details

Features of the Federal Bank Platinum Visa Credit Card

Core Card Features: The Federal Bank Platinum Visa Credit Card boasts a dynamic rewards program, making it a standout choice for reward-focused cardholders. For every ₹100 spent, cardholders earn 2 reward points across general categories. The card accelerates rewards with 5X reward points on specific categories, including dining, departmental store purchases, and international transactions, capped at a maximum of 15,000 accelerated points annually. This structure ensures that frequent spenders in these categories maximize their earnings, which can be redeemed for travel, merchandise, or gift vouchers.
International Lounge Access: One of the standout features of this lifestyle credit card is its complimentary international airport lounge access. Cardholders receive 2 complimentary visits per year to select international lounges, enhancing the travel experience with access to premium amenities like gourmet meals, Wi-Fi, and comfortable seating. Additionally, the card offers domestic lounge access, typically 1-2 visits per quarter at participating airports in India, making it ideal for frequent flyers.

- Contactless Payment Technology: The card is equipped with contactless payment technology, allowing cardholders to make quick and secure transactions by tapping the card at NFC-enabled POS terminals. For transactions under ₹5,000, no PIN is required, streamlining payments at retail outlets, restaurants, and fuel stations. This feature aligns with modern payment trends, offering convenience and speed for everyday purchases.
- Fuel Surcharge Waiver: The Federal Bank Platinum Visa Credit Card includes a fuel surcharge waiver of up to 1% on transactions between ₹500 and ₹3,000 at fuel stations across India. This feature is particularly beneficial for cardholders who frequently drive, as it reduces the cost of fuel purchases, a common expense for urban professionals.
- High Credit Limit: With a maximum credit limit of up to ₹5 lakh, the card caters to high-net-worth individuals who require substantial purchasing power. The credit limit is subject to the applicant’s income, credit score, and banking relationship with Federal Bank, ensuring flexibility for premium spenders.
- Flexible Payment Options: The card offers a revolving credit facility, allowing cardholders to pay any amount between the minimum due (typically 5% of the outstanding balance) and the total outstanding amount. This flexibility helps manage cash flow, especially for large purchases, with one of the lowest finance charges in the market, starting at approximately 0.69% per month (8.28% per annum), depending on the cardholder’s profile.
- Security Features:
- EMV Chip and PIN: The Federal Bank Platinum Visa Credit Card is equipped with an EMV chip, ensuring enhanced security for transactions. The chip encrypts payment data, reducing the risk of fraud compared to traditional magnetic stripe cards. PIN-based authentication is required for high-value transactions, adding an additional layer of protection.
- Zero Liability Protection: In case of card loss or theft, cardholders are protected with zero liability coverage for unauthorized transactions, provided the loss is reported within 24 hours. This feature, backed by Visa’s global security standards, offers peace of mind for international travelers and online shoppers.
- 24/7 Global Customer Assistance: The card provides access to Visa’s Global Customer Assistance Services, available 24/7 worldwide. Cardholders can report lost cards, request emergency card replacements, or seek assistance for transaction disputes, ensuring support regardless of location.
- Add-On Card Facility: The Federal Bank Platinum Visa Credit Card allows cardholders to issue add-on cards for family members above 18 years, such as spouses, parents, or siblings. Add-on cards share the primary card’s credit limit and benefits, making it convenient for families to manage expenses while enjoying perks like lounge access and reward points.
- Digital Integration: The card integrates seamlessly with digital platforms, supporting UPI payments via apps like Google Pay for Android users. Cardholders can also manage their accounts through Federal Bank’s FedMobile app or FedNet internet banking, enabling real-time tracking of transactions, bill payments, and reward redemptions.
- Additional Features:
- Milestone Benefits: Cardholders can unlock milestone benefits, such as a ₹3,000 gift voucher from partner merchants upon joining, provided they spend ₹2,000 within the first 60 days. Additionally, spending ₹1,000 in a single transaction within 30 days earns 500 reward points, enhancing the card’s value proposition.
- Emergency Card Replacement: In case of card loss, Federal Bank offers emergency card replacement within 3 days worldwide, ensuring cardholders are not stranded during travel. This feature is particularly valuable for frequent international travelers.
- Customizable Alerts: Cardholders can set up SMS and email alerts for transactions, due dates, and promotional offers through FedMobile or FedNet. This feature helps track spending and avoid missed payments, which could incur late fees or affect credit scores.
- Technical Specifications:
- Card Network: Visa.
- Annual Fee: Lifetime free (subject to promotional periods).
- Interest Rate: Dynamic APR starting from 0.69% per month (8.28% p.a.) to 3.75% (45% p.a.).
- Foreign Currency Markup Fee: Approximately 3.5% on international transactions.
- Cash Advance Fee: ₹300 or 2.5% of the withdrawn amount, whichever is higher.
- Validity: Typically 5 years, renewable upon expiry.
- Summary: The Federal Bank Platinum Visa Credit Card combines premium features with practical benefits, making it a versatile choice for travelers, shoppers, and lifestyle enthusiasts. Its robust rewards program, lounge access, and security features position it as a competitive offering in the premium credit card segment.

Benefits of the Federal Bank Platinum Visa Credit Card

Complimentary Airport Lounge Access: One of the most coveted benefits of the Federal Bank Platinum Visa Credit Card is its complimentary lounge access. Cardholders enjoy 2 international lounge visits per year through the Visa Priority Pass program, providing access to over 1,300 lounges worldwide. Domestically, cardholders receive 1-2 complimentary lounge visits per quarter at major Indian airports like Delhi, Mumbai, and Bengaluru. These lounges offer amenities such as free Wi-Fi, gourmet dining, and comfortable seating, elevating the travel experience.
Fuel Surcharge Waiver: For cardholders who drive, the card offers a 1% fuel surcharge waiver on transactions between ₹500 and ₹3,000 at fuel stations across India. With rising fuel costs, this benefit can lead to significant savings over time, especially for frequent commuters or long-distance travelers.

- Zero Forex Markup on Select Transactions: While the standard foreign currency markup fee is 3.5%, certain promotional offers may provide zero forex markup on specific international transactions.
- Lifestyle and Shopping Benefits:
- Welcome Gift Voucher: New cardholders receive a ₹3,000 gift voucher from partner merchants upon spending ₹2,000 within the first 60 days. This welcome benefit adds immediate value, encouraging early card usage.
- Accelerated Reward Points: The card’s 5X reward points on dining, departmental store, and international spends make it a top choice for lifestyle-focused cardholders.
- Exclusive Visa Offers: Cardholders gain access to Visa’s global offers, including discounts on travel, dining, shopping, and entertainment.
- Buy One Get One (BOGO) Movie Tickets: The card offers a BOGO offer on INOX movie tickets once per quarter, with a maximum discount of ₹250 per ticket.
- Financial Benefits:
- Low Interest Rates: The Federal Bank Platinum Visa Credit Card features a dynamic APR starting at 0.69% per month (8.28% p.a.), one of the lowest in the premium card segment.
- Balance Transfer Facility: Cardholders can transfer outstanding balances from other credit cards to the Federal Bank Platinum Visa Credit Card at a lower interest rate, starting at 10.99% p.a.
- Flexipay EMI Option: For high-value purchases, the Flexipay EMI plan allows cardholders to convert transactions into affordable monthly installments. Available within 30 days of purchase, this feature offers low interest rates.
- Convenience and Security Benefits:
- 24/7 Concierge Services: The card provides access to Visa’s 24/7 concierge services, assisting with travel bookings, restaurant reservations, and event planning.
- Zero Liability for Lost Cards: In case of card loss or theft, cardholders are protected with zero liability for unauthorized transactions reported within 24 hours. This benefit, combined with Visa’s global emergency assistance.
- Digital Wallet Integration: The card supports UPI payments through apps like Google Pay, enabling seamless online and offline transactions. Cardholders can also manage their accounts via FedMobile or FedNet.
- Milestone and Reward Benefits:
- Milestone Rewards: Spending ₹1,000 in a single transaction within 30 days earns 500 reward points, equivalent to ₹125 when redeemed. Quarterly spends of ₹20,000 unlock Swiggy e-vouchers, adding value for food..
- Reward Redemption Flexibility: Reward points can be redeemed for a variety of options, including air miles conversion with leading airlines, gift vouchers, merchandise, or charitable donations.
- Exclusive Offers for Cardholders: FedDelights programme offers up to 15% discounts at partner hotels and restaurants across India. Seasonal promotions such as cashback on online shopping during festive seasons.
- Benefits for NRIs and Frequent Travelers: Tailored benefits including international lounge access, zero liability protection, and emergency card replacement.
- Long-Term Value: As a lifetime free credit card (subject to promotional periods), it eliminates annual fees, making it cost-effective for long-term use.

How to Apply for the Federal Bank Platinum Visa Credit Card

Online Application via Federal Bank Website:
- Visit Federal Bank’s official website and go to the ‘Credit Cards’ section.
- Select the Platinum Visa Credit Card and click ‘Apply Now’ to begin the application.
- Enter your personal, employment, and income details accurately.
- Upload scanned copies of the required documents (PDF/JPEG, max 2MB each).
- Complete the video KYC (vKYC) if you are a new customer.
- Submit the application and note the reference number for status tracking.
Application via FedMobile App:
- Log in using your FedMobile credentials.
- Navigate to the ‘Cards’ section and select the Platinum Visa Credit Card.
- Fill in the required details and upload documents digitally.
- Complete vKYC directly within the app, if applicable.
- Track your application in real time.
Branch-Based Application:
- Visit the nearest Federal Bank branch and request the Platinum Visa Credit Card form.
- Fill in all details and submit with self-attested copies of identity, address, and income proof.
- Carry originals for verification.
- Bank staff will help with submission and initial checks.
Customer Care Assisted Application:
- Call toll-free 8885545255 for guided support.
- Representative will assist with eligibility checks and document submission methods.
Eligibility Criteria:
- Age: 21–65 years for unsecured cards; 18+ for secured (FD-backed) cards.
- Income: ₹3.6 lakh p.a. for salaried; self-employed must show stable income through ITRs.
- Credit Score: Preferred CIBIL score of 750+; leniency for existing Federal Bank customers.
- Nationality: Resident Indians and NRIs with valid documentation can apply.
Required Documents:
- Identity Proof: Aadhaar, PAN, Passport, Voter ID, Driving License.
- Address Proof: Utility bills, Aadhaar, Passport, Rental Agreement, Bank statement.
- Income Proof:
  - Salaried: Last 3 salary slips, Form 16, 3-month salary account statement.
  - Self-Employed: ITRs (2 years), audited financials, 6-month bank statement.
- Others: 2 recent passport-size photographs, existing credit card statements (if any).
Application Review and Approval:
- Federal Bank verifies all details, credit history, and documents.
- Processing typically takes 7–10 working days.
- Get updates via email, SMS, or through the FedMobile app.
Tracking Application Status:
- Track online using your application ID, PAN, or mobile number.
- Use the FedMobile app or call customer care for real-time updates.
Card Activation:
- Activate via FedMobile app, internet banking, or customer care helpline.
- Set a secure PIN for all transaction modes (ATM, POS, UPI).

Eligibility Criteria for the Federal Bank Platinum Visa Credit Card

Age Requirements:
- Primary Cardholder: Must be at least 21 years old and not older than 65 years.
- Add-On Cardholders: Must be at least 18 years old. Applicable for immediate family members.
Income Requirements:
- Salaried Individuals: Minimum annual income of ₹5 lakh is typically expected.
- Self-Employed Professionals: Annual income of at least ₹6 lakh, supported by business or professional documents.
Employment Status:
- Salaried: Should have at least 1 year of continuous employment with the current employer.
- Self-Employed: Business or professional practice must be operational for a minimum of 2 years.
Residency and Nationality:
- Indian Residents: Must reside in a Federal Bank serviceable location with verifiable address proof.
- NRIs: Eligible if maintaining an NRE/NRO account and submitting required supporting documents.
Credit Profile:
- Credit Score: A score of 700 or above is preferred, based on credit reports from CIBIL/Experian.
- Limited History: Applicants with no credit score may still qualify if income and stability are proven.
Banking Relationship:
- Existing Federal Bank customers with savings accounts, FDs, or loans may have enhanced approval chances.
- Maintaining a fixed deposit of ₹25,000+ may strengthen eligibility (especially for secured card variants).
Debt-to-Income Ratio:
- A DTI ratio below 40% is generally preferred to ensure creditworthiness and repayment capability.
Geographic Eligibility:
- Applicants must reside in a city/region covered by Federal Bank’s branch network.
- Applicants in non-serviceable areas may be disqualified or asked to provide an alternate address.
KYC Compliance:
- Aadhaar and PAN are mandatory.
- NRIs may need to provide a valid passport and visa or PIO/OCI card.
How to Check Eligibility:
- Use the Federal Bank website or visit a nearby branch.
- Applicants can input age, income, and job type to receive instant eligibility feedback.
Educational Background:
- Graduation or equivalent education is preferred, especially for salaried applicants in formal employment.
Existing Loan Repayment History:
- Applicants must not have any current loan defaults or recent missed EMIs/credit card dues.
Mobile and Email Verification:
- Applicants must provide an active mobile number and email ID for communication and KYC verification.
Document Authenticity:
- All submitted documents must be current, valid, and verifiable. Forged or outdated documents may lead to rejection.

Documents Required for the Federal Bank Platinum Visa Credit Card

Identity Proof
- Aadhaar Card: Full 12-digit Aadhaar number is required; masked Aadhaar is not accepted.
- PAN Card: Mandatory for all applicants to link credit and tax records.
- Passport: Must be valid for at least six months; acceptable for both residents and NRIs.
- Voter ID: Official proof of identity issued by the Election Commission of India.
- Driving License: Valid and issued by a recognized authority, with a clear photo.
Address Proof
- Utility Bills: Recent electricity, water, or gas bill issued within the last 3 months.
- Rental Agreement: Registered rental agreements accepted as valid address proof.
- Bank Statement: Latest statement showing your name and residential address.
- Passport or Voter ID: Must show your current address for verification.
Salaried Individuals
- Salary Slips: Latest three months showing regular salary credits.
- Bank Statement: Three months of statements from the salary account reflecting credits.
- Form 16: Annual Form 16 issued by the employer for income proof.
- Employment Letter: Optional letter confirming job stability and designation.
Self-Employed Individuals
- Income Tax Returns (ITR): Last two years’ filed returns with income computation.
- Business Financials: Profit & loss statements or balance sheets for the last two years.
- Bank Statements: Six months’ transactions from business/personal account showing income flow.
- Business Registration Proof: Valid GST certificate, shop license, or other registration.
Additional Documents
- Photographs: Two recent passport-sized photos with a plain background.
- Existing Credit Card Details: Latest credit card statement or front-side copy (if applicable).
- Fixed Deposit Receipt: Required for secured card variant; minimum ₹25,000 FD with 6+ months tenure.
NRIs (if applicable)
- Indian Address Proof: NRE/NRO bank statement or recent utility bill.
- Overseas Address Proof: Valid foreign utility bill, rental agreement, or official ID.
- Passport and Visa: Must include valid visa or work/residence permit.

Factors Affecting Federal Bank Platinum Visa Credit Card Approval

Credit Score and History
- A credit score of 750+ on a 300–900 scale significantly improves approval chances.
- Federal Bank evaluates your payment history, utilization ratio, and credit inquiries.
- Defaults, late payments, or a low credit score may lead to rejection or require a secured card.
Income Stability and Level
- Salaried applicants should earn ₹50,000+ per month, while self-employed need ₹7 lakh+ annual income.
- Regular income over 1–2 years and a low debt-to-income ratio (under 40%) enhance eligibility.
- Higher income may result in higher credit limits and greater benefits.
Employment and Professional Background
- Salaried applicants must have stable jobs, preferably with reputed employers.
- Self-employed individuals need at least 2 years of business continuity with verifiable income.
- Applicants from low-risk sectors (IT, healthcare, govt.) are preferred.
Existing Relationship with Federal Bank
- Having a savings account, fixed deposit, or loan with Federal Bank improves trust and approval odds.
- Secured card options are available against FDs (e.g., ₹25,000 and above).
Credit Utilization and Debt Obligations
- Lower credit utilization (<30%) is preferred to demonstrate financial discipline.
- High utilization or multiple loans/EMIs may indicate financial stress and reduce eligibility.
Age and Residency Factors
- Preferred age range: 21–65 for salaried, 25–65 for self-employed applicants.
- Applicants must have a permanent address in a Federal Bank serviceable location.
Application Accuracy and Completeness
- Ensure all application details and documents are consistent and up to date.
- Discrepancies can lead to delays or rejection.
- Too many simultaneous credit applications may reduce approval chances.
Tips to Improve Approval Chances
- Pay off outstanding dues and maintain on-time payments for at least 6 months.
- Consolidate or reduce EMIs to lower the debt-to-income ratio.
- Open a savings account or fixed deposit with Federal Bank to build a relationship.
- Apply for credit strategically — avoid multiple applications in a short time.
- Double-check all application data for accuracy and completeness.

Frequently Asked Questions (FAQs) – Federal Bank Platinum Visa Credit Card

1. What are the key features of the Federal Bank Platinum Visa Credit Card?

Cashback & reward points on spends
Fuel surcharge waiver
Complimentary airport lounge access
Contactless payments
EMI conversion options

2. What is the annual fee for this card?

The card may have an annual fee (varies based on the variant). Some variants may offer a waiver on annual charges if you meet spend criteria.

3. What is the interest rate on unpaid dues?

Typically ranges between 3%–3.5% per month (varies based on bank policies).

4. Is there a fuel surcharge waiver?

Yes, usually 1% fuel surcharge waiver at petrol pumps (subject to terms like minimum transaction amount).

5. Does this card offer reward points?

Yes, you earn reward points on eligible spends (e.g., 1 point per ₹100 spent). Points can be redeemed for gifts, vouchers, or cashback.

6. How can I redeem reward points?

7. Does the card offer airport lounge access?

Yes, some variants provide complimentary lounge access (e.g., 2–4 visits per quarter).

8. What is the credit limit offered?

The limit varies based on income, credit score, and bank policies (usually starts from ₹25,000 and above).

9. Can I convert purchases into EMIs?

Yes, you can convert large transactions into EMIs (interest rates apply).

10. How do I check my balance or pay the bill?

Via Federal Bank’s mobile app, net banking, or ATMs. Payments can be made via UPI, NEFT, or auto-debit.

List of Federal Bank Platinum Visa Credit Card Branches in Andhra Pradesh

Andhra Pradesh - Anakapalle
Andhra Pradesh - Ananthavaram
Andhra Pradesh - Atmakur
Andhra Pradesh - Bhimavaram
Andhra Pradesh - Budampadu

Andhra Pradesh - Chittoor
Visakhapatnam - Gajuwaka
Andhra Pradesh - Gosala
Andhra Pradesh - Guntur
Andhra Pradesh - Kakinada

Andhra Pradesh - Koppuravuru
Andhra Pradesh - Krishnayapalem
Andhra Pradesh - Lingayapalem
Andhra Pradesh - Machilipatnam
Andhra Pradesh - Narasaraopet

Andhra Pradesh - Narukullapadu
Andhra Pradesh - Nellore
Andhra Pradesh - Nidumukkala
Andhra Pradesh - Ongole

Create Account

Sign In

Welcome Back!

Hello, Friend!

Reset Password

Reset Your Password

Change Password

Update Your Password

Logintoloans Assistant