1 Scapia Coin is worth ₹0.20 in India.
₹0.20₹200 per 1,000 Coins, our house mark
held at ₹0.20 · re-marked 10 Jul
How we got this ₹ figure
₹0.20 is our HOUSE value for a Coin — what a disciplined traveller actually clears, not the best redemption we have ever seen (₹0.20, the ceiling) and not the worst you can always fall back on (₹0.20, the floor). It is the number every route on this page is priced with.
The mark has 2 dated points in data/valuation-history.yaml, each one pinned to a quantified event in the tracker — no interpolation. The last move was re-marked 10 Jul. How we value a point →
Which of my cards reach it? — 3 do
3 cards earn Scapia Coins outright. The figure is the reward rate — what ₹100 of ORDINARY spend earns back at our house ₹/point, before milestones, accelerators and the annual fee. How we compute it →
Scapia (Federal Bank)2.0%Federal BankScapia (Axis Bank)2.0%Axis BankScapia (BOBCARD)2.0%BOBCARD (Bank of Baroda)Fixed 5 coins = ₹1, but ONLY against flights and hotels inside the Scapia app — no cashback, no transfers, no partners. The value never moves; the lock-in is total. (Official Scapia terms.)
Scapia Coins has held — we grade its nerf risk stable 2 cuts in 24 months — latest: Apr-2026 fee hike (moderate) How we grade it →
Expiry: 36 months from accrual (official T&C)
No corridor on our board prices a seat in Scapia Coins against a published chart — every option that reaches it is dynamic, and an estimate is not a seat. the 2,196 corridors that DO have a verified price →
What a Coin has been worth
Derived only from quantified, dated events in the tracker — no interpolation, no vibes.
- 10 Jul 2026 ₹0.20 current house value
- 1 Jun 2023 ₹0.20 program launch / coverage start — no recorded movement while indexed
The nerf log
Full tracker →Every tracked event that touches Scapia Coins.
- 1 Apr 2026BOBCARD reprices rail, toll and app-routed educationNo processing fee on railway/toll/bus bookings; telecom (MCC 4814) earned zero points → 1% fee on railway bookings ≥₹30k, all toll & bus ≥₹5k, and education via Cred/Paytm/PhonePe-type apps; telecom now earns core points
BOBCARD's April-2026 notice gives with one hand and clips with the other. Telecom spends finally earn core points (3 RP/₹100 on Eterna), but big-ticket rail bookings, every toll and bus charge over ₹5,000, and tuition routed through third-party apps now carry a 1% fee — and the notice restates the long zero-earn MCC list, from supermarkets to hospitals. One, Uni and the Scapia co-brand are explicitly exempt.
- 27 Feb 2026Scapia doubles the lounge bar and kills its easiest earnUnlimited domestic lounges at ₹10k prior-month spend; insurance and utility payments earned coins and counted → Lounge gate doubled to ₹20k/month; insurance, utility, rent and fuel earn nothing and don't count toward the gate
Scapia's first real devaluation lands on both sides of the same trade: the unlimited-lounge threshold doubles to ₹20,000 a month just as the insurance and utility spends that most easily cleared it stop earning or counting at all. The card is still lifetime-free with 0% forex — but the era of paying your electricity bill for a lounge pass is over.
- 20 Jun 2023Scapia launches: 0% forex and unlimited lounges, for freeZero-forex travel cards were a paid, premium privilege → Lifetime-free Federal Bank co-brand: 0% forex, unlimited domestic lounges, 10–20% coins on spends
A fintech co-brand on Federal Bank rails resets the entry price of the zero-forex trade to nothing: no joining fee, no annual fee, 0% markup abroad and unlimited domestic lounge access. The 10% 'rewards' headline is really 2% in coins that only spend inside Scapia's own travel app — but as a free forex-and-lounge tool, nothing at launch came close, and half the fintech card industry spent the next two years copying it.
Straight answers
The questions people actually type about Scapia Coins — answered from the same data as everything above, with the same numbers.
What is 1 Scapia Coin worth in INR?
Our desk marks Scapia Coins at ₹0.20 a Coin — so 1,000 Coins are worth ₹200 and 10,000 are worth ₹2,000. That is the number every route on this page is priced with. The ₹0.20 floor is the redemption you can always fall back on; the ₹0.20 ceiling is the best sweet spot we have actually verified. The mark is holding flat, last reviewed 10 Jul 2026. The valuation index prices it against every other program we cover.
Which Indian cards earn Scapia Coins?
3 Indian cards earn Scapia Coins outright. Best-ranked earners: Scapia (Federal Bank), Scapia (Axis Bank) and Scapia (BOBCARD), the best of them at 2.0% reward rate. The card list above names each of them with its rank, its ratio and what one of its points becomes here.
When did Scapia Coins last devalue?
27 Feb 2026 — Scapia doubles the lounge bar and kills its easiest earn. That is the newest cut on our record. The nerf log below carries 3 tracked events touching Scapia Coins, and the program grades stable on nerf risk.
Verified against Scapia (Federal Bank / BOBCARD)'s own documents on · our house ₹/Coin, ₹0.20 today
Not published , and we will not invent it: how long posting takes · its award terms — surcharges and the booking window.
Every document behind this page — 2 of them, each with the day we read it
- official Federal Bank's Scapia page prices the coin itself — "5 Scapia coins = ₹1" — beside the 10% and 5% coin earn rates this ₹0.20 mark is the other half of.
- official BOBCARD's Scapia terms PDF carries the same price on the second issuer — 5 coins = ₹1, spendable only on Scapia-app travel, which is why the band has no spread.