Scapia (Federal Bank) vs IDFC FIRST Mayura (2026)
Zero forex for free vs zero forex for ₹5,999 — Mayura's portal multipliers and open-ended lounges against Scapia's coin lock-in and ₹20k monthly bar.
Head to head
| Metric | Scapia (Federal Bank) | IDFC FIRST Mayura |
|---|---|---|
| Our rank | #24 | #11 |
| Annual fee | ₹0 + GST | ₹5,999 + GST |
| Fee waiver | None | None |
| Forex markup | Nil — 0% markup (official KFS) | Nil — 0% markup on foreign currency and DCC transactions |
| APR | 3.75%/mo (45%/yr), from date of transaction; same rate on cash advances (no interest-free period on cash) | Dynamic 0.71%–3.85%/mo (8.5%–46.2%/yr); overdue rate 3.99%/mo (47.88%/yr) on MAD non-payment |
| Effective reward rate | 2.0% | 1.7% |
| Currency | Scapia Coins | IDFC FIRST Reward Points |
| House value | ₹0.20/pt | ₹0.50/pt |
| Welcome benefit | None — lifetime free with no joining bonus; the 0% forex is the pitch | 12,000 RP — 4,000 on fee payment + 4,000 each on ₹20k in cycles 2 and 3 |
| Lounge doors opened | 72 of 644 | 128 of 644 |
| Income — salaried | not published | ~₹25L+/yr (community) |
| Income — self-employed | not published | ~₹25L+/yr (community) |
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Net annual value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. Tune it to your own spend in the calculator.
Scapia (Federal Bank) wins under ₹0.5L/month; IDFC FIRST Mayura takes over above it.
Transfer reach
Full route maps on each card page, best ₹/point routes on the optimizer →
The call
For the ₹1L/month spender, IDFC FIRST Mayura nets ₹44,933 against ₹26,400 — a ₹18,533 gap. At ₹5L/month, IDFC FIRST Mayura nets ₹2,53,441 against ₹1,32,000 — a ₹1,21,441 gap. Lounge chasers: IDFC FIRST Mayura opens 128 of 644 tracked doors to Scapia (Federal Bank)'s 72.
Our standing verdicts: Scapia (Federal Bank) — Keep; IDFC FIRST Mayura — Keep. On our board, IDFC FIRST Mayura sits at #11 to Scapia (Federal Bank)'s #24 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →