CardIQIndia
Unverified draft. Fees, reward rates, and perks below are LLM-generated seed data pending admin verification. Cross-check on the bank's official page before relying on them.
44
#30 of 173 in credit
Federal Bank

Federal Bank Kaleido Credit Card

creditVisa

Unverified draft. Details auto-drafted; run admin cross-check to verify.

Score breakdown

Data completeness: 80% · Last verified: 06 Jul 2026

Reward value31/100 · weight 65%
≈ 1.52% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +2.6% score bonus — earns broadly without narrow category restrictions.
Fee efficiency100/100 · weight 11%
Redemption flexibility92/100 · weight 8%
Perks0/100 · weight 8%
Devaluation risk70/100 · weight 8%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
—
Annual fee
Lifetime free
Forex markup
3.5%

Lounge access

Domestic (per year)
0
International (per year)
0

Confirmed devaluation alerts

No confirmed devaluations tracked for this card. That doesn't mean none exist — see the neutral 70/100 devaluation-risk sub-score above.

Reward structure

CategoryTypeRateCapNotes
online_spendscashback3%——
fuelcashback1%——
diningcashback1%——
travelcashback1%——
groceriescashback1%——
all_spendscashback1%——

Welcome offer

Amazon Pay e-Voucher worth ₹400 on a minimum spend of ₹5,000 within the first 30 days.

Milestone benefits

  • Complimentary Big Basket vouchers

Pros

  • Lifetime free credit card
  • Accelerated points on healthcare, groceries, and utility bill payments
  • Complimentary domestic airport lounge access
  • BOGO movie ticket offers at INOX

Cons

  • Nominal convenience fee of ₹99 for each reward redemption request
  • Relatively high foreign currency markup of 3.5%
  • High interest rates up to 45% p.a. depending on Average Monthly Balance

Small print

Redemption fee
₹99 / redemption