Federal Bank launches Celesta — 10 lounge visits
Federal Bank's Celesta card offers 2 international and 8 domestic lounge visits, with a rewards rate of 1 point per ₹100 at ₹0.25 per point. The card is launched on Visa with 3-click digital issuance and dynamic interest from 0.49% a month.
Federal Bank has launched its first in-house credit cards, including the Celesta, Imperio, and Signet, on the Visa network. The Celesta card is positioned as the HNI flagship, offering instant issuance inside the FedMobile app, dynamic interest from 0.49% a month, and lounge access. The Celesta card brings 2 international and 8 domestic lounge visits, a rare offering at its price point. The rewards program offers 1 point per ₹100 spent, with each point valued at ₹0.25. Our take: 1 point per ₹100 at ₹0.25 a point is a 0.25% return — the Celesta’s rewards programme is decoration. What it actually sells is 8 domestic and 2 international lounge visits on a card that costs nothing to hold, and that combination is genuinely rare at ₹0. Keep it for the lounge doors and earn your points somewhere else.