Federal RuPay Select Debit Card

Name: Federal Bank Federal RuPay Select Debit Card
Brand: Federal Bank
Price: 413 INR
Rating: 2.89 (1 reviews)

Ranked #28 of 66 in debit

debitRuPayPremium

Federal Bank's premium RuPay debit card offering a low forex markup and concierge services — lounge access benefit is now uncertain following the April 2026 NPCI policy revision affecting all RuPay debit cards nationally.

Score breakdown

Data completeness: 70% · Last verified: 09 Jul 2026

Reward value9/100 · weight 71%

≈ 0.46% effective on the standard basket (eligible spend only)

Wide-coverage rewards: +0.4% score bonus — earns broadly without narrow category restrictions.

Fee efficiency97/100 · weight 12%

Redemption flexibility92/100 · weight 9%

Perks32/100 · weight 9%

Fees

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

Joining fee: ₹350 + 18% GST
= ₹413 total
Annual fee: ₹350 + 18% GST
= ₹413 / year total
Forex markup: 2%

Lounge access

Domestic (per year): 2
International (per year): 2

Reward structure

Category	Type	Rate	Cap	Notes
utilities	cashback	5%	₹250 / monthly	5% periodic cashback drives on UPI payments leveraging RuPay rails selectively
all_spends	points	0.25%(1 pts @ ₹0.25)	—	Accumulate fixed Federal Rewardz passively

Welcome offer

None specified

Milestone benefits

Pros

RuPay/UPI-linkable
low forex markup (2%) for a debit card
concierge and 24/7 customer service

Cons

DEVALUATION: lounge access uncertain following April 2026 NPCI RuPay debit card policy change nationwide

Insurance cover

text: ₹NaN

Eligibility

text: Standard Federal Bank savings account holder

Small print

Fuel surcharge:Not a highlighted benefit