The Scapia federal bank Scapia credit card is a co-branded travel credit card launched by federal bank in partnership with Scapia Technology Pvt. Ltd., a fintech firm. Designed for frequent travelers and shoppers, this card offers a unique blend of rewards, benefits, and flexibility. With no joining or annual fees, zero forex markup, and attractive rewards on spending, it has gained popularity among users looking for a cost-effective credit card solution.
Below is a detailed overview of the Scapia Credit Card covering its features, benefits, eligibility criteria, fees, and more.
Key Features of the Scapia Credit Card
The Scapia federal credit card stands out for its travel-centric benefits and user-friendly features:
1. Lifetime Free Card: There are no joining or annual fees associated with this card.
2. Reward System:
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- Earn 20% Scapia Coins on travel bookings made through the Scapia app.
- Earn 10% Scapia Coins on all other transactions.
- General purchases yield a reward rate of 2%, while travel bookings through the app offer a 4% reward rate.
3. Unlimited Lounge Access:
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- Enjoy unlimited domestic airport lounge access if you spend ₹5,000 in the previous billing cycle.
- Lounge access is available across 54 lounges in 31 cities in India.
4. Zero Forex Markup: Ideal for international travelers as there are no additional charges on foreign currency transactions.
5. No Limit on Point Redemption: Redeem your Scapia Coins without restrictions for travel bookings through the Scapia app.
Benefits of the Scapia federal bank Scapia Credit Card
The card is tailored to meet the needs of travelers and frequent shoppers by offering multiple benefits:
- Travel Rewards: Earn up to 4% rewards on travel spends via the Scapia app. This makes it an excellent choice for booking flights and hotels.
- Shopping Rewards: Get 2% cashback on regular purchases, making everyday shopping more rewarding.
- Forex Transactions: With zero forex markup fees, you save significantly on international transactions.
- Easy Redemption: Use accumulated Scapia Coins to book travel services directly through the app without any hidden fees.
Eligibility Criteria
To apply for the Scapia federal bank Scapia credit card, you must meet these requirements:
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- Age: Applicants must be between 21 to 60 years old.
- Income: Minimum annual income requirement is ₹5 lakhs.
- Residency: Only Indian residents are eligible to apply.
- Exclusion Clause: If you already hold another co-branded federal bank Scapia credit (e.g., OneCard), you are not eligible for this card.
Fees and Charges
| Fee Type | Details |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Interest Rate (Revolving Credit) | 45% p.a. (3.75% per month) |
| Interest Rate (EMI Transactions) | 16% p.a. |
| Forex Markup | Zero |
| Lounge Access Condition | Spend ₹5,000/month</span> |
Rewards Structure
The rewards system of the Scapia Credit Card is straightforward and lucrative:
| Type of Spend | Reward Rate | Scapia Coins Earned |
| General Spends | 2% | 10% of transaction value |
| Travel Bookings via Scapia App | 4% | 20% of transaction value |
| Forex Transactions | Zero | No rewards |
| Fuel Surcharge Waiver Transactions | Zero</span> | <p>No rewards |
How to Apply for the Scapia Credit Card
Applying for the card is simple and entirely digital:
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- Visit the official website or download the Scapia app from Play Store.
- Fill out the application form with accurate details such as name, email ID, phone number, PAN card details, etc.
- Complete video KYC if required by federal bank.
- Submit recent passport-sized photographs along with supporting documents like Aadhaar card, utility bills, bank statements, etc.
- Wait for approval and activation after successful submission.
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Pros and Cons
Pros:
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- Lifetime free card with no hidden charges.
- High reward rates (up to 4%) on travel spends via the Scapia app.
- Unlimited domestic lounge access with minimal spending requirements.
- Zero forex markup makes it ideal for international travelers.
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Cons:
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- Rewards redemption is restricted to travel bookings through the Scapia app only.
- No milestone benefits or additional perks beyond basic rewards.</li>
- Limited eligibility due to federal bank card’s one-card policy.
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Comparison with Other Travel Credit Cards
Here’s how the Scapia Credit Card compares with similar cards:
| Feature | Scapia Credit Card | Axis Atlas | SBI Cashback |
| Annual Fee | Nil | ₹500 | Nil |
| Reward Rate (Travel Spends) | 4% | Up to 10% | Up to 5% |
| Lounge Access | Unlimited | Limited | Limited |
| Forex Markup | Zero | Up to 3.5% | Up to 3.5% |
While Axis Atlas offers higher discounts on travel spends, its annual fee makes it less appealing compared to the lifetime-free nature of the Scapia federal credit card.
Conclusion
The Scapia federal bank Scapia credit card is an excellent choice for frequent travelers who value rewards and convenience without worrying about annual fees or forex charges. Its unique features like unlimited lounge access and zero forex markup make it stand out in the crowded credit card market.
However, its limitations in reward redemption and eligibility criteria may deter some potential users. If you frequently book travel services through apps like Cleartrip or MakeMyTrip instead of Scapia federal platform, you might find better alternatives elsewhere. Overall, if your lifestyle aligns with its offerings—especially if you’re a traveler—it’s worth considering this card as your go-to financial tool!
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