Federal Bank Celesta Credit Card

Federal Bank · Open to apply

Federal's top own-brand rewards card, aimed at travel, luxury hotels and golf. It is free for customers onboarded since 2023-04-03 and earns 1 Federal Reward Point per ₹100 (1x), with a low 2% forex markup, 2 international lounge visits a year and 2 domestic visits a quarter on ₹60,000 of quarterly spend. Under its 3-2-1 structure it earns 3 points per ₹100 on travel and international spends and 2 on dining. Points are worth ₹0.10 as cash and ₹0.25 through the rewards portal.

Annual fee
Lifetime free
Joining fee
None
Base rate
1 Federal Reward Point per ₹100: 1 Federal Reward Points per ₹100 (about 0.1% at cash value)
Lounges
Domestic: 2 visits a calendar quarter after ₹60,000 spend; International: 2 visits a calendar year
Forex markup
2%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • Travel, 3x (3 Federal Reward Points per ₹100): 3 Federal Reward Points per ₹100 (about 0.3% at cash value)
  • International spends, 3x (3 Federal Reward Points per ₹100): 3 Federal Reward Points per ₹100 (about 0.3% at cash value)
  • Dining, 2x (2 Federal Reward Points per ₹100): 2 Federal Reward Points per ₹100 (about 0.2% at cash value)

Earns nothing on

  • No rewards on fuel
  • No rewards on government services and tolls
  • No rewards on e-wallet loading
  • No rewards on rent paid by card
  • No rewards on cash, financial institutions and quasi-cash

Where the sources disagree

  • reward multipliers (3-2-1): The MITC's reward table lists only 1 point per ₹100 for Celesta (₹150 Imperio, ₹200 Signet). The current Mastercard and Visa Celesta pages give 3x on travel and international, 2x on dining and 1x elsewhere, and Federal's FAQ calls this the "Accelerated Rewards point structure of 3x-2x-1x". The MITC rate is the 1x tier, so we model 3, 2 and 1 point per ₹100. The listing page's "3, 2, or 1 point per ₹100 across all card variants" matches Celesta but not Imperio or Signet, whose MITC base is per ₹150 and ₹200.
  • fuel surcharge waiver scope: The MITC limits the waiver to spends of ₹400 to ₹5,000 at petrol pumps in India, up to ₹150 a month; the product pages say "1% fuel surcharge waiver at all fuel stations across India". The MITC is used.
  • Mastercard Celesta welcome voucher: The Mastercard and Visa Celesta pages say an Amazon Pay e-voucher worth ₹600 on ₹10,000 spend in the first 30 days; Federal's listing page still says ₹2,000. The product pages are used.
  • lounge programme end date: The airport lounge terms page (updated 2026-06-15) says the programme is available "till 31st March 2026 (extendable upon Bank's discretion)"; the MITC (2026-07-31) and the product pages still list the lounge benefits as current.

Terms the calculator does not value

  • Federal does not publish the MCC lists behind its 3-2-1 categories ("Travel", "International", "Dining"), how a spend in two of them is treated, or any cap on the multiplied points. We map them to flights, hotels, other travel, spends abroad and dining (including food delivery); a merchant Federal codes differently earns 1x.
  • Lounge quarters run on Federal's 21st-to-20th cycle; the calculator uses calendar quarters and cannot check the settled-in-cycle rule.
  • Invitation-only bonus-point campaigns with per-customer spend targets (for example 2026-03-03 to 2026-04-05), a "10x welcome rewards" of up to 500 bonus points on the first transaction of ₹500 or more (terms not found), and a campaign of 10,000 points on ₹1.5 lakh cumulative spend between 2026-08-01 and 2026-10-31 (eligibility not fetched).
  • The APR depends on the average monthly balance in the cardholder's Federal operative account; interest is not part of the calculator's value.

Sources

Compare this card · Find the best card for your spending