Base reward rate: Earn 1X rewards on most spends, with accelerated 3X on grocery and health care, and 2X on utility bill payments.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 0
Annual fee: 1500
Pros
3X rewards on spends on health care and grocery categories
Vouchers for brands like Amazon Pay and Big Basket
Complimentary domestic airport lounge access
Fuel Surcharge Waiver: 1% fuel surcharge waiver at all fuel stations across India
Dining Discount: 15% discount on dining under FedDelights program
Earns rewards on utility bill payments (2X rate)
Cons
Lounge access is conditional on a high quarterly spend of ₹40,000, which significantly devalues the benefit as many competing cards offer this with no spend requirement.
Reward points have a very short validity, expiring just 1 year after the date of accrual, forcing users to redeem frequently and risk losing value.
The base reward rate is a low 1X on all other categories, making it uncompetitive for general spending compared to cards offering a flat 1-2% cashback.
The entertainment benefit is minimal, offering a maximum discount of only ₹100 on a second INOX movie ticket just once per quarter.
Key spending categories like fuel and e-wallet loading are explicitly excluded from earning any reward points, limiting the card's overall rewards potential.
Best Use Case
Consumers who frequently spend on groceries, healthcare, and utility bills, and seek domestic lounge access, dining discounts, and welcome/milestone vouchers.