All cards / Federal Bank
Federal Bank
Fed StarBiz Credit Card
Visa
Fed StarBiz Credit Card
Not a rewards card — a transactional MSME business card issued on Visa and RuPay that rides on an existing Federal Bank OD/CC facility, aimed at cash-flow flexibility for sole proprietors rather than earning points.
Annual fee
₹275
Joining fee
₹275
Reward type
cashback
Base reward rate
0%
Card network
Visa
Card tier
Entry
Who this card fits
Best suited to business owners managing company spend who clear the standard eligibility bar. It's worth the annual fee mainly if your cashback value clears it.
Rewards & benefits
- Rewards rate: 0% base rate
Benefits by category
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Employment: self-employed
Fees & charges
- Foreign currency markup: 3.5%
- Cash advance charges: Not applicable — the card draws against an existing OD/CC facility rather than a standalone credit line
Benefits
- Linked to your existing Federal Bank Overdraft/Cash Credit account — limit up to ₹50 lakh, drawn from your OD/CC facility
- Supports POS, e-commerce and tap-and-pay transactions up to ₹3 lakh/day; all transactions reflect in your OD/CC statement
Pros
- + Taps into an existing OD/CC limit up to ₹50 lakh — no separate credit assessment
- + Low flat fee (₹275 + GST)
- + Available on both Visa and RuPay networks
Cons
- − Requires an existing Federal Bank OD/CC account
- − No meaningful rewards program
- − Restricted to individuals and sole proprietors, not larger businesses