Scapia, launched in collaboration with Federal Bank, is a credit card that rewards its users for travelling spends. A lifetime free credit card that comes with zero forex markup fees, Scapia seems to be a strong option for frequent travellers. Consumers will earn Scapia Coins every time they swipe the card, along with extra earning on travel bookings made via the Scapia App. One can book flight tickets across all global airlines or choose from 5 lakh+ hotels, resorts and homestays across the world, using the accumulated Scapia Coins. You can apply for the Scapia credit card through the Scapia app.
Scapia Credit Card : Fees and Charges
| Joining/Annual Fee | Nil |
| Card Replacement Fee | Rs. 200 |
| Forex Mark-up Fee | Zero |
| Interest Rate for EMI Transactions | 16% |
| Finance Charges | 41.88% p.a. Or 3.49% per month |
| Cash Advance Fees | 2.5% of amount withdrawn or Rs. 500, whichever is higher |
| Late Payment Charges | On Outstanding Balance of –Less than Rs. 100: Nil Rs. 100 – Rs. 500: Rs. 100 Rs. 501 to Rs. 5,000: Rs. 500 Rs. 5,001 to Rs. 10,000: Rs. 600 Rs. 10,001 to Rs. 25,000: Rs. 750 Rs. 25,001 to Rs. 50,000: Rs. 950 More than Rs. 50,000: Rs. 1,000 |
Scapia Federal Bank Credit Card Rewards Program
Under the Scapia credit card rewards program, the card users are offered Scapia Coins as reward points on most of their spends. The detailed reward rate on your spends is as follows:
10% Scapia Coins: On all online as well as offline transactions, except rent, cash withdrawals, money transfer, EMI transactions, digital wallet loading and top-up transactions.
20% Scapia Coins: On all the travel bookings, including flights and hotels, made on the Scapia app.
Excluded Categories for Earning Scapia Coins
Transactions worth less than Rs. 20, international transactions, ATM cash withdrawal, education-related fees, crypto transactions, EMIs, gift cards, fuel surcharge, forex transactions, e-wallet loading, rent payments, Scapia card bill payment and any other credit card charges.
Rewards Redemption
The earned Scapia Coins can be redeemed instantly on the Scapia app for travel bookings. Here, 5 Scapia Coins are equal to Rs. 1. Moreover, there is no cap or limitation on reward redemption, hence the cardholders can pay full booking amount using their earned Scapia Coins as well. However, the coin redemption is limited to only Scapia travel bookings and cannot be used to make any other category spends.
Scapia Coins Validity: The earned Scapia Coins do not expire and have a lifetime validity. But, if you do not use your credit card for more than 365 days, then the previously accrued Scapia Coins are going to be nullified and hence cannot be redeemed.
Travel Benefits on Scapia Federal Bank Credit Card
In addition to offering 20% reward points on travel-related spends, Scapia Credit Card also offers the following travel benefits to its users:
Zero Forex Mark-up: No foreign currency exchange fees are charged on the international payments made via this Federal Bank Zero Forex Credit Card.
Lounge Access: Unlimited domestic airport lounge access in the form of milestone benefit on spending at least Rs. 5,000 per month via this travel card. The card provider may also offer international lounge access to the cardholders later.
No-Cost EMI: The feature of converting the travel spends made on the Scapia App into 3 month no-cost EMIs is expected to be offered to the cardholders soon.
” Scapia Credit Card holds a good value for international travellers when it comes to its zero forex mark-up feature. This means cardholders will not have to bear currency conversion charges when they use their cards to pay for transactions in foreign currency. Generally, forex mark-up fee on credit cards is 3.5% of the transaction amount. Though there are credit cards that charge a low forex mark-up fee, most of these are super-premium cards that usually have high income requirement and charge high annual fee. Zero forex mark-up on a lifetime-free credit card is truly an advantage. “
Scapia App: A Full-fledged Travel Platform
In addition to offering a digital travel booking experience, the Scapia App can be used to apply for as well as manage your Scapia Card online. From application and on-boarding to bill payment and limit control, everything can be done via the Scapia App. Here are some of the necessary actions that you can take to manage your Scapia Card:
- Activating your card
- Paying your credit card bill
- Setting/Managing the PIN for your Card
- Setting controls on your credit card limit and cash withdrawal limit
- Enabling or disabling online, domestic and international usage
- Raising disputes or queries related to your card
Should you apply for Scapia Credit Card?
Scapia Credit Card has come as a great option for those who are looking for a lifetime-free card offering substantial value-back on travel. The facility of zero forex charge on international spends is the main selling point for this card as this feature usually comes with premium or super-premium cards. However, you won’t be able to earn any Scapia coins on international transactions. So, even though you save on forex mark-up charges, you cannot earn any rewards on your foreign transactions which can be discouraging for frequent foreign travellers.
In addition to accelerated travel rewards in the form 20% Scapia Coins, cardholders can also avail unlimited domestic lounge access on spending Rs. 5,000 per month, which is easily achievable. Moreover, there is no capping on the number of Scapia Coins that you can earn which allows even the high spenders to get their money’s worth by getting high returns on their spends. The facility of converting travel spends into easy monthly EMIs is also available for the cardholders.
In a market where most travel credit cards come with high annual fees, Scapia comes a good challenger for such cards with its lifetime-free feature and substantial travel-centric benefits. As cardholders can use the Scapia Coins to make travel bookings via the Scapia App, it also eliminates the hassle of tracking reward points and choosing from multiple redemption options. This makes it a great choice for frequent travellers.
Eligibility Criteria for Salaried
Age Group : 23 to 60 Years
You must be an Indian Resident
CIBIL Score should be 720+
Documents Required
Identity Proof : Any one of the documents – Passport , PAN Card , Ration Card , Aadhar Card, Voter ID Card , Driving Licence or other government approved ID
Address Proof: Any one of the Documents – Telephone bill , Electricity bill , Passport , Ration Card , Rental Agreement , Aadhar Card or any other government approved ID
Eligibility Criteria for Self-employed
Age Group : 23 to 60 Years
You must be an Indian Resident
CIBIL Score should be 720+
Documents Required
Identity Proof : Any one of the documents – Passport , PAN Card , Ration Card , Aadhar Card, Voter ID Card , Driving Licence or other government approved ID
Address Proof: Any one of the Documents – Telephone bill , Electricity bill , Passport , Ration Card , Rental Agreement , Aadhar Card or any other government approved ID
How to apply for Scapia Credit Card Online?
The entire process of availing Scapia Credit Card is online. You can get an instant approval of Scapia Credit Card by following a few easy steps.
- You should apply for Scapia Federal Bank Credit Card using our Link given below
- Your mobile number should be linked with your Aadhar Card
Please keep the following documents and details handy to start the process
● Your PAN card
● Aadhaar card
Let’s Start!
Click on the link given below & start the application journey
Scapia Credit Card Apply Link:
Scapia Credit Card Related FAQ:
How long will it take to receive my physical Scapia card?
Once your application has been approved, you can expect to receive your physical Scapia card within 2-5 working
days