Federal Bank / Jupiter (Amica Financial Technologies) devaluation history — every nerf and buff, dated.

Federal Bank issued co-branded credit cards with Europa Neomarketing (Federal Edge, sold as Jupiter Edge) and Fi Brand (AmpliFi, SimpliFi, MagniFi). Both programmes discontinued. Federal's co-branded index carries two support mailboxes for existing holders and nothing else.

Federal Bank's co-branded credit-card index, stamped "Last Updated On : 23 Aug 2026", says it plainly: the programmes run with Europa Neomarketing and Fi Brand "have been discontinued". The three Fi siblings were already carried as closed on this board; the Jupiter Edge was the row nobody flipped, and it sat at `availability: open` until today. Recorded as a launch-class event because what changed is the PROGRAMME, not a price — no fee moved and no rate was cut. The card simply stopped being something a reader could get, which is the one fact a shelf must never be wrong about. Note the disagreement rather than resolving it: jupiter.money still sells the card with a live apply funnel, so a reader can currently apply for a product the issuing bank says is discontinued. The issuer's word governs the shelf; the partner's page is recorded in the card's watchOut. Federal's notice does NOT name the CSB-issued Edge cards, so nothing here reaches them.

Federal Bank issued three co-branded credit cards with Fi Brand — AmpliFi, SimpliFi and MagniFi — earning Fi-Points on every spend. The programme is discontinued. Reward accruals stop the same day, and the Fi Coins redemption option goes with them.

Federal Bank's own Most Important Terms and Conditions for the AmpliFi Fi-Federal card opens with it, before a word about fees: "The Federal Fi Credit Card program has been discontinued with effect from 20 March 2026. All reward accruals have been stopped with effect from 20 March 2026. The Fi Coins redemption option has also been discontinued with effect from 20 March 2026." Fi's own AmpliFi page says the same to holders — "Your AmpliFi Federal Fi Credit Card will be discontinued from 20 March 2026" — and still did when this row was written. Dated here to the day the programme actually ended, which is the date a reader looking up when their card died needs. This desk logged the closure five months late, on 23 Aug 2026, bundled into the Jupiter Edge row below; that row is the day Federal updated its co-branded index and is correct for the Jupiter Edge half, but it was the only Fi chronology this tracker carried. All three Fi cards were already carried as closed.

Unlimited 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.

Complimentary domestic airport lounge access on all three Federal credit cards, with no spend condition attached. Access is earned, not granted: only primary cardholders who hit a minimum spend in the IMMEDIATELY PRECEDING calendar quarter get visits in the next one — Signet ₹20,000 for 1 domestic visit a quarter, Imperio ₹40,000 for 2, Celesta ₹60,000 for 2. Celesta's 2 international visits a year stay ungated. Add-on cardholders get nothing regardless of the primary's spend, and unused visits do not carry forward.

Federal turned a benefit into a reward, in its own words: "Effective from October1, 2025, complimentary airport lounge access will be governed by the following revised terms" — thereafter "available only to primary Card Holders who meet the minimum spend requirement as stated hereunder during the immediately preceding calendar quarter." The lag is the part that bites: a quarter's spend buys the NEXT quarter's visits, so a new cardholder waits a full quarter before any door opens, and a light-spending quarter switches the benefit off months later. Two of these cards are lifetime free and were held almost entirely for the lounge access, which makes this a bigger cut than the fee schedule suggests. Logged here in Aug 2026 because the desk had modelled the gates on all three card pages but never entered the event on the tracker — so the change was visible to anyone reading a card page and invisible to anyone watching /tracker or subscribed to alerts.

Zero-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.

Federal customers had no in-house credit card Celesta, Imperio and Signet launch on Visa with 3-click digital issuance; Celesta brings 2 international + 8 domestic lounge visits

Federal Bank's September-2021 entry put three Visa cards in front of its existing customers, with Celesta as the HNI flagship — instant issuance inside FedMobile, dynamic interest from 0.49% a month, and lounge access rare at the price. The rewards were an afterthought then and remain one now (1 point per ₹100 at ₹0.25), but the free international lounge visits and 2% forex gave Celesta a reason to exist that the points never did.