Federal Business Rewards

Name: Federal Business Rewards
Brand: Federal Bank
Price: 1900 INR

Business card rewarding operational and utility spends.

Mid

Co-brand · Business

business

utilities

Annual fee

₹1,900/yr

Waived @ ₹2.22L spend

Joining fee

₹1,900

Forex markup

3.5%

Reward value

₹0.25/pt

Federal Reward Points

Earns Federal Reward Points (points) · 1 unit ≈ ₹0.25 · expires in 24 months

2x on business spends

Business spends

3 pts / ₹100 ≈ 0.8%

1% on utilities

Utilitiescap ₹2K/month

1% back

Base 1 pt / ₹100

1 pts / ₹100 ≈ 0.3%