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: the Celesta card’s value lies in its lounge access and forex benefits, rather than its rewards program. If you’re a Federal Bank customer looking for a card with lounge benefits, the Celesta may be worth considering. However, if you’re looking for a card with a strong rewards program, you may want to explore other options.