Joining Fee
Free
Annual Fee
Rs. 0 + Taxes
Forex Markup
3.5% + GST
Add-on Card Fee
₹100 per supplementary card
Late Payment Charges
| Total amount due | Late fee |
|---|---|
| ₹0 to ₹250 | Nil |
| ₹251 to ₹1,000 | ₹250 |
| ₹1,001 to ₹5,000 | ₹500 |
| ₹5,001 to ₹25,000 | ₹1,000 |
| Above ₹25,001 | ₹1,250 |
Rupay Signet
Rewards Structure
Base Reward Rate
1% on spends
Point Value
1 Point = ₹0.25
Pros
- Lifetime free with zero joining and annual fee
- 3x rewards on Electronics and Apparel
- UPI linking enabled
- BOGO movie offer on INOX quarterly
- Personal Accident insurance cover of INR 2 Lakhs
- 24x7 Concierge Services
- Complimentary domestic lounge access on quarterly spend milestone
Cons
- Lounge access is conditional on INR 20,000 quarterly spend
- Cash advance limit only 10% of credit limit
- Foreign currency markup of 3.5%
- APR starts at 1.99% p.m. (23.88% p.a.) and can go up to 3.75% p.m. for low balance holders
Hidden Catches (Transparency Policy)
To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.
Lounge access requires INR 20,000 spend in the previous quarter
Swiggy voucher requires INR 20,000 quarterly spend
APR is dynamic and linked to average monthly balance in operative account
Lifetime free is a limited period offer
Key Benefits & Features
RuPay Signet Credit Card can be linked to a UPI ID for safe and secure payment transactions.
Eligibility Criteria
Age Requirement
21+ Years
Occupation
Required Documents
IDENTITY Proof
INCOME Proof
These details are based on information updated on . Fees and benefits change often - confirm on the issuer's own page before applying.
About Rupay Signet
The Federal Bank RuPay Signet Credit Card is designed for young, energetic individuals seeking a feature-rich digital payment experience. Tailored for those who love gadgets, fashion, and entertainment, this lifetime free card comes with zero joining fee and zero annual membership fee, making it an accessible choice for modern spenders. The card can be linked to a UPI ID, enabling seamless and secure payment transactions directly through the RuPay network. At the heart of the Signet card is a bespoke 3-2-1 rewards structure that rewards cardholders with 3x points on Electronics and Apparel purchases, 2x points on Entertainment spending, and 1x points on all other categories. New cardholders are welcomed with an Amazon Pay e-Voucher worth ₹200 on a minimum spend of ₹3,000 within the first 30 days. Quarterly perks include BOGO offers on INOX movie tickets and complimentary Swiggy vouchers on spending ₹20,000 or more. Beyond rewards, the card offers meaningful lifestyle and security benefits. Cardholders who spend ₹20,000 or more in a quarter unlock complimentary domestic lounge access for the following quarter. Additional protections include a Personal Accident Insurance cover of ₹2 Lakhs and round-the-clock Concierge Services. The card also provides access to an extensive range of RuPay offers spanning travel, dining, shopping, sports, and entertainment.
Our Verdict
Lifetime free RuPay card with 3x rewards on electronics & apparel, BOGO movies, and UPI linking.
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