CardAgent
Verified by CardAgent admin · last checked 08 Jul 2026
Federal Bank

Signet Debit Card

22
Ranked #59 of 66 in debit
debitVisaEntry-Youth

Federal Bank's entry-level youth-oriented Signet debit card offering basic contactless payment features and modest rewards.

Score breakdown

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

Reward value5/100 · weight 71%
≈ 0.27% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +0.6% score bonus — earns broadly without narrow category restrictions.
Fee efficiency97/100 · weight 12%
Redemption flexibility75/100 · weight 9%
Perks3/100 · 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
Waiver: Not detailed as waivable; standard fee applies
Forex markup
3%

Lounge access

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

Reward structure

CategoryTypeRateCapNotes
travelpoints0.50%(2 pts @ ₹0.25)——
all_spendspoints0.25%(1 pts @ ₹0.25)——

Welcome offer

None specified

Milestone benefits

Pros

  • Low fee entry-level card
  • contactless tap-to-pay
  • targeted at young/energetic customer segment (gadgets, apparel, entertainment)

Cons

  • No lounge access
  • limited premium benefits at this tier

Insurance cover

text
₹NaN

Eligibility

text
Standard Federal Bank savings account holder, youth-oriented

Small print

Fuel surcharge:Not a highlighted benefit