Scapia Credit Card Review :
Scapia, a credit card developed in partnership with Federal Bank, stands out as a travel-focused rewards card. Positioned as a lifetime free credit card, Scapia offers the advantage of zero forex markup fees, making it an attractive choice for frequent travelers. Users can accumulate Scapia Coins with every card swipe, and additional rewards are earned when making travel bookings through the Scapia App. This credit card enables users to book flights across all major global airlines and select from a vast network of over 5 lakh hotels, resorts, and homestays worldwide using the accrued Scapia Coins.
|Scapia Credit Card Review
Scapia Federal Bank Credit Card Rewards Program
Within the Scapia credit card rewards program, users can earn Scapia Coins as reward points for the majority of their expenditures. The specific reward rates for different transactions are outlined below:
- 10% Scapia Coins: Earned on all transactions, both online and offline, excluding rent, cash withdrawals, money transfers, EMI transactions, and digital wallet loading and top-up transactions.
- 20% Scapia Coins: Accrued specifically for travel-related expenses, including flights and hotel bookings, made through the Scapia app.
|TYPE OF SPEND
|Travel Spends on Scapia app
|Fuel Surcharge Waiver Transactions
|Wallets, EMIs, Rent, Education and Gift Cards
Travel Benefits on Scapia Federal Bank Credit Card
Aside from providing a generous 20% reward points on travel-related expenses, the Scapia Credit Card extends a range of additional travel benefits to its users:
- Zero Forex Mark-up: This Federal Bank Zero Forex Credit Card imposes no foreign currency exchange fees on international payments, offering users a cost-effective solution for transactions abroad.
- Lounge Access: Users can enjoy unlimited access to domestic airport lounges through a milestone benefit. To qualify, cardholders need to spend a minimum of Rs. 5,000 per month using this travel card. Furthermore, there are indications that the card provider may extend international lounge access benefits to cardholders in the future.
- No-Cost EMI: In the pipeline is the upcoming feature of converting travel expenses made on the Scapia App into 3-month, no-cost EMIs. This forthcoming benefit is poised to provide added financial flexibility to cardholders, enhancing the overall appeal of the Scapia Credit Card.
- No joining fee
- No annual fee
- Zero Forex markup fees
- 20% coins on travel booking via the Scapia app
Features of Federal Scapia Credit Card
The Federal Scapia Credit Card boasts several noteworthy features:
- Unlimited Domestic Lounge Access: Cardholders enjoy unlimited access to domestic lounges with a minimum spend of Rs. 5000, enhancing their travel experience.
- 10% Scapia Coins on All Transactions: For every online and offline transaction, the card rewards users with 10% Scapia coins, providing a consistent earning opportunity.
- 20% Scapia Coins on Scapia App Travel Bookings: Users earn 20% Scapia coins when making travel bookings through the Scapia app, incentivizing the utilization of the platform for travel arrangements.
- No Joining and Annual Fee: Federal Scapia credit cardholders are exempt from any joining or annual fees, adding to the card’s affordability and value proposition.
- App-based Permission Management: The card facilitates convenient management of permissions and transaction settings through its dedicated app, giving users control over their card usage.
- Zero Forex Markup Charges: International transactions incur no forex markup charges, making the card an attractive choice for those who frequently engage in global transactions.
- Instant Redemption of Scapia Coins: Users can instantly redeem Scapia coins on the Scapia app for flights and hotel bookings, providing flexibility in utilizing earned rewards.
- In-App Repayment: The card offers the convenience of in-app repayment, allowing users to settle their dues seamlessly within the app.
- Extensive Options for Stays and Flights: With over 5 lakh stays and a wide range of global airlines available in-app, users have a plethora of choices when making travel arrangements.
- 24×7 Customer Service: Federal Scapia Credit Card ensures quality assistance by providing round-the-clock customer service, offering support whenever needed.
Also Read….. Reliance-SBI Credit Card Has Many Offers
Here are key details about Scapia offers:
- Merchant Discounts for Cardholders: Scapia cardholders can enjoy a range of discounts and offers from participating merchants, enhancing the overall value of the card.
- Limitations on Scapia Coins: Scapia coins may not be available on specific products, services, or merchandise that do not fall under the purview of the reward program.
- Fraudulent Activity Disqualification: Scapia reserves the right to disqualify cardholders from availing benefits in case any fraudulent activity is detected, ensuring the integrity of the program.
- Offer Terms and Eligibility Information: Comprehensive details about offer terms and eligibility criteria are available within the Scapia application, providing transparency to users.
- Non-Entertainment of Delay or Loss Claims: Scapia does not entertain claims related to the delay or loss in the delivery of goods and services through participating merchants, emphasizing the importance of timely and secure transactions.
Unlimited Domestic Airport Lounge Access
The Scapia Federal Bank credit card boasts unlimited access to domestic airport lounges as its second unique selling proposition (USP). Unlocking this feature is as simple as spending Rs 5000 in a month. This stands out as an exceptional feature for a lifetime free credit card, especially considering that many premium credit cards impose high spending conditions for access to airport lounges. The accessibility and ease of availing this benefit make it a highly welcomed feature within the realm of credit cards.
Scapia App: A Full-fledged Travel Platform
The Scapia App goes beyond serving as a digital travel booking platform; it provides a comprehensive suite of functionalities for applying for and managing your Scapia Card online. From the initial application and onboarding processes to handling bill payments and controlling credit limits, every aspect of card management can be conveniently executed through the Scapia App. Here are some essential actions you can undertake to efficiently manage your Scapia Card:
- Card Activation: Activate your card seamlessly through the Scapia App.
- Bill Payment: Easily pay your credit card bills through the app.
- PIN Management: Set and manage the PIN for your Scapia Card effortlessly.
- Credit Limit Control: Adjust and manage controls on your credit card limit and cash withdrawal limit as per your preferences.
- Usage Preferences: Enable or disable online, domestic, and international card usage based on your needs.
- Dispute Resolution: Lodge and track disputes or queries related to your Scapia Card directly through the app.
This comprehensive set of features within the Scapia App ensures a user-friendly and streamlined experience for Scapia Cardholders, covering the entire spectrum of card management tasks.
Scapia Vs. Other Popular Travel Credit Cards
|MMT ICICI Platinum
|Air India SBI Platinum
|Renewal Fee & Fee Waiver
|Up to 5,000 reward points
|Economy ticket, Vistara Base membership
|5,000 reward points, Air India Frequent Flyer membership
|Base Reward Rate
|10 Scapia Coins per Rs. 100 spent (5 Scapia Coins = Rs. 1)
|1 My Cash per Rs. 200 domestic spends (1 My Cash = Rs. 1)
|2 CV points per Rs. 200 spent
|2 reward point per Rs. 100 spent
|20 Scapia Coins per Rs. 100 travel spends on Scapia app
|1.25 My Cash per Rs. 200 international spends; 2 My Cash on flight & 3 My Cash on hotel spends via MMT
|15 points per Rs. 100 spent on Air India booking centres for self & 5 points per Rs. 100 spent for others
|Unlimited domestic lounge access on Rs. 5,000 spends per month
|1,000 My Cash on Rs. 50,000 annual MMT spends; 1,000 My Cash on Rs. 2.5 lakh annual spends
|1,000 CV Points on Rs. 50,000 spends within the 1st 90 days; Economy tickets on Rs. 1.25 lakh, Rs. 2.5 lakh & Rs. 6 lakh annual spends
|5,000 reward points on Rs. 2 lakh annual spends; 10,000 reward points on Rs. 3 lakh annual spends
|Spend based lounge access
|Domestic airport & railway lounge access
|2 domestic lounge access per quarter
|2 domestic Visa lounge visits in India per quarter
Why Should You Apply for Federal Scapia Credit Card?
Consider applying for the Federal Scapia Credit Card for the following compelling reasons:
- Maximized Reward Points for High Spenders: High spenders can significantly increase their reward points, unlocking greater benefits and value from their card usage.
- Ideal for Frequent International Travelers: If you are a frequent traveler, especially abroad, the Federal Scapia Credit Card offers tailored travel benefits, making it an ideal companion for your journeys.
- Specialized Focus on Travel Benefits: The card exclusively focuses on providing travel benefits, making it a perfect complement to other cards that may concentrate on different categories such as dining or shopping. This allows cardholders to build a diversified portfolio of credit card benefits tailored to their specific preferences and lifestyle.
How To Apply
Step 1: Download the Scapia App
Unlock a world of financial possibilities by downloading the Scapia app from your device’s app store. The user-friendly interface ensures a seamless experience for both iOS and Android users.
Step 2: Provide Your Details
Enter your mobile number, email, and basic information within the app. This initial step sets the foundation for a personalized credit experience tailored to your financial needs.
Step 3: Complete Your KYC
Ensuring security and compliance, complete your Know Your Customer (KYC) verification. This step is crucial for a transparent and trustworthy financial relationship, protecting both you and your financial assets.
Step 4: Instant Virtual Credit Card Approval
Once your application is submitted, if approved, Scapia rewards you with a virtual credit card instantly. This powerful financial tool opens the doors to a world of transactions, providing flexibility and convenience at your fingertips.
To be eligible for a Scapia Card, you must meet the following criteria:
- You must be an Indian citizen aged 18 or above.
- You must have a valid Aadhaar and PAN card.
- You must not already possess a credit card from Federal Bank.
- You should have a satisfactory credit score.
- Identity proof: Aadhar card, PAN card, Voter card slip, driver’s license.
- Address proof: Ration card, water bill, gas connection bill, electric bill.
- Income proof: Form 16 or last 2 months’ payslip.
Key Points :
🔰 You have to spend a minimum of Rs 5,000 in each billing cycle to avail this offer.
🔰 Customers should also be active on a monthly basis to retain the Unlimited Domestic Lounge free access.
🔰 Unlimited Lounge Access will be enabled in 5 working days post the Billing Date if the customer is eligible for the Access.
Pros and Cons
- Zero Forex Markup: Scapia Federal Bank credit card offers the advantage of zero forex markup, making it an attractive choice for international transactions.
- Minimum Reward Rate of 2%: Users benefit from a minimum reward rate of 2%, ensuring that they earn rewards on a variety of transactions.
- Unlimited Complimentary Airport Lounge Access: The credit card provides unlimited complimentary access to domestic airport lounges, and the spending condition to unlock this feature is minimal, enhancing its appeal.
- Difficulty in Card Acquisition: Securing this card may pose challenges due to Federal Bank’s restrictions, potentially limiting accessibility for interested individuals.
- Lower Reward Rate on Travel Spends: The reward rate of 4% on travel spends is comparatively lower, and users may find other cards offering more competitive rates in this category.
|2% cashback on all spends
|Limited redemption options
|4% cashback on all travel spends
|Low reward rate for travel spends
|Zero forex markup
|Co-brand bank restrictions
|Unlimited domestic airport lounge access
Scapia Credit Card Review : drawbacks
- Limited redemption options: Scapia Coins can only be redeemed for travel bookings on the Scapia app. This can be a drawback for cardholders who do not frequently travel or who prefer to have more flexibility in how they redeem their rewards.
- Low reward rate for travel spends: The 4% cashback rate on travel spends is not as high as some other travel credit cards. However, it is still a decent reward rate, especially when you consider that there is no forex markup on travel purchases.
- Co-brand bank restrictions: Federal Bank has a one credit card limit policy, which means that you cannot have more than one Federal Bank credit card at a time. This can be a drawback for cardholders who are already in the Federal Bank credit card ecosystem.
Overall, the Scapia Federal Bank credit card is a good option for frequent travelers who are looking for a card with a simple rewards structure and no forex markup. However, cardholders should be aware of the limited redemption options and the low reward rate for travel spends before applying for the card.
The Scapia Credit Card stands out as a revolutionary choice, particularly for those engaged in forex transactions. This credit card distinguishes itself by offering a unique feature that makes it exceptionally valuable for individuals who shop on foreign sites or frequently travel abroad. Unlike other credit cards that impose over 3% forex markup fees, the Scapia Credit Card boasts a zero forex markup fee, saving users a substantial amount of money.
A standout feature of this credit card is its provision of unlimited domestic airport lounge access, adding a touch of luxury to the overall package. This feature is not only impressive but also enhances the travel experience for cardholders.
In this blog post, a comprehensive overview of the Scapia Credit Card has been provided, covering essential aspects such as features, fees, charges, and reward rates. By offering insights into the unique benefits of this credit card, it aims to equip readers with valuable information for making informed financial decisions. If you find this Scapia credit card review helpful, consider sharing it on your social media platforms to assist others in navigating the dynamic landscape of credit card options.
Signet card vs Scapia Credit Card Review
The Signet card is a versatile credit card that offers a variety of benefits, including:
- 2% cashback on all spends
- Welcome bonus of 10,000 reward points
- Fuel surcharge waiver
- No joining or annual fee
The Signet card is a good option for cardholders who are looking for a simple rewards structure and no annual fee. However, the cashback rate is not as high as some other credit cards.
Scapia Credit Card
The Scapia Credit Card is a travel-focused credit card that offers a variety of benefits to frequent travelers, including:
- 2% cashback on all spends
- 4% cashback on all travel spends
- Zero forex markup
- Unlimited domestic airport lounge access
The Scapia Credit Card is a good option for frequent travelers who are looking for a card with a simple rewards structure and no forex markup. However, cardholders should be aware of the limited redemption options and the low reward rate for travel spends before applying for the card.
|Scapia Credit Card
|2% on all spends
|2% on all spends, 4% on travel spends
|Airport lounge access
What are the benefits of Scapia card?
Zero Forex Markup, Minimum Reward Rate of 2%, Unlimited Complimentary Airport Lounge Access
How much are Scapia points worth?
5 Scapia Coins are equal to Rs. 1