Important! Annualised Percentage Rates Applicable on Your Federal Credit Cards Will Be Revised w.e.f 10th Jan 2026.
Below are the revised rates:
|
Federal Bank Organic Credit Cards (Signet, Imperio, Celesta and Wave) |
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|
Average Monthly Balance for last Quarter |
Existing Annualised Percentage Rate (%) |
Revised Annualised Percentage Rate (%) |
|
less than ₹ 50,000 |
45.00% (3.75% per month) |
45.00% (3.75% per month) |
|
₹50,000 - ₹3,00,000 |
32.28% (2.69% per month) |
|
|
₹3,00,001- ₹10,00,000 |
20.28% (1.69% per month) |
23.88% (1.99% per month) |
|
More than ₹10,00,000 |
8.28% (0.69% per month) |
|
AMB - Average Monthly Balance in Operative account maintained with Federal Bank i.e. Average of all the closing-day balances in a given month. To calculate AMB, you need to add each day's end-of-the-day balance and divide it by the number of days of that month. AMB for a quarter will be average of AMB maintained in the 3 months of that quarter. APR will be updated on 10th of beginning of every calendar quarter.
Quarters are defined as follows: January, February and March as Quarter 1; April, May and June as Quarter 2; July, August, and September as Quarter 3 and October, November and December as Quarter 4. APR for Quarter 2 will be considered on the basis of average monthly balance for Quarter 1. For eg. The APR (Annualized Percentage Rate) of the quarter 1st April-30th June will be updated on 10th July.