Federal UPI RuPay Value

Name: Federal UPI RuPay Value
Brand: Federal Bank
Price: 700 INR

RuPay card with UPI payments and everyday category rewards.

Entry

Co-brand · RuPay

UPI

upi

groceries

Annual fee

₹700/yr

Waived @ ₹1.04L spend

Joining fee

Free

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

Fuel excluded

Fuel

Excluded

1% on UPI spends

upicap ₹500/month

1% back

2% on groceries

Groceriescap ₹500/month

3% back

1% base

1% back