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Travel Rewards Lifetime Free Premium Dining Airport Lounge Entertainment

4.3/5 Editorial Score

Federal Bank Mastercard Celesta Credit Card

Premier Lifestyle Credit Card with Global Airport Lounges & 2% Forex

Best Suited For

High-net-worth retail banking customers, executive flyers, and premium online shoppers seeking low forex fees and complimentary airport lounge access.

Travel Rewards Lifetime Free Premium

Joining Fee

Free

One-time upfront

Annual Fee

Free

Lifetime Free — no renewal fee

Base Rewards

Federal Rewards

On eligible spends

Airport Lounge

2 Domestic visits/quarter + 2 International visits/year · ₹60k quarterly spend required (Domestic)

Complimentary visits

Apply Now Compare Card Official Terms

See where this card gets lounge access

Last verified 3 Oct 2026

Why Consider This Card?

Objective editorial assessment, ideal spender profile, and primary trade-offs

Editorial Verdict

4.3/5 Editorial Score

The Federal Bank Mastercard Celesta Credit Card serves as the flagship credit card offering for Federal Bank's premier retail banking clientele. Issued with zero joining fees and zero annual charges for qualifying priority customers, it provides exceptional high-tier amenities without recurring costs. Operating over the elite Mastercard World network rail, cardholders earn 3 reward points per ₹100 spent on online transactions and 2 reward points per ₹100 on offline in-store purchases. Reward points can be redeemed against statement credit or gift vouchers via the Federal Bank Rewards portal. On travel, the card delivers 2 complimentary domestic airport lounge visits per calendar quarter across major Indian airports, alongside 1 complimentary international airport lounge visit per year via LoungeKey / Priority Pass. Cardholders also benefit from a discounted foreign exchange markup fee of only 2.00%, making international travel and overseas e-commerce purchases significantly cheaper than standard cards. Entertainment perks include a Buy 1 Get 1 free movie ticket discount on Inox/PVR up to ₹100 once a month, alongside a 1% fuel surcharge waiver up to ₹150 monthly. For Federal Bank loyalists, Mastercard Celesta is a refined, cost-free lifestyle asset.

Ideal For:High-net-worth retail banking customers, executive flyers, and premium online shoppers seeking low forex fees and complimentary airport lounge access.

Travel Rewards Lifetime Free

Card Strengths

Lifetime Free credit card with zero joining fee and zero annual charges for premier banking clients
Preferential 2.00% foreign exchange markup on international transactions
2 complimentary domestic airport lounge visits per calendar quarter across India
1 complimentary international airport lounge visit per year via LoungeKey
Buy 1 Get 1 free movie ticket on Inox/PVR up to ₹100 once per month

Things to Keep in Mind

Offered selectively to qualifying Federal Bank premier and high-relationship banking clients
Base reward return is moderate at approximately 0.50% to 0.75%
International lounge visits are limited to a single visit per calendar year
Fuel, rent, and government transactions do not accrue reward points

Additional Cardholder Privileges

Rewards

Federal Rewards

Cashback

- No merchant refund/cashback/credit due to transactions converted to EMI / cancelled transactions / reversals / promotional cashback will be considered as a payment towards the outstanding of the card.

Fuel

Fuel surcharge waiver

- Fuel surcharge and applicable taxes (including GST) if any, are levied by the fuel merchant/acquiring bank.

Rewards & Cashback Structure

Base earning rates, partner merchant acceleration, redemption options, and exclusions

Reward Program Name: Federal Reward Points
Reward Currency: Federal Reward Points
Base Earn Rate: Federal Rewards
Point Value (INR): ₹0.2500 per point
Redemption Channels: Refer to bank rewards portal
Reward Point Expiry: Refer to bank rewards program terms

Category Accelerated Earn RatesPublished Terms

Spend Category	Earn Rate	Reward Cap	Conditions
International Spends	3X Reward Points on international transactions (6 RP per ₹100 spent; 1.50% value; 1 RP = ₹0.25)	No Cap	Standard terms apply
Travel & Dining Spends	2X Reward Points on travel and dining (4 RP per ₹100 spent; 1.00% value)	No Cap	Standard terms apply
Other Retail Spends	2 Reward Points per ₹100 spent on other purchases (0.50% value)	No Cap	Standard terms apply

Featured Merchant HubsAll Merchants

Swiggy Hub Federal Rewards Hub INOX Hub

Estimate Your Custom Monthly Rewards

Calculate estimated net cashback and points across your actual spending pattern.

Open Rewards Calculator

Reward Exclusions: Fuel transactions, wallet loading, cash withdrawals, rent payments, educational payments, and government services are generally excluded from base and accelerated reward point accrual across all Indian card issuers.

Reward Calculator

Estimate Your Annual Rewards

Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.

Verified Rates & Caps

Quick Select:

Total Monthly Spend:₹30,000 / month

₹5,000 / mo₹1 lakh / mo₹2 lakh / mo

Category Spend Allocation

Customize monthly spend in each category. Category amounts sum directly to your monthly spend.

Assumed spend distribution

International Spends1.50%

No published cap

₹

Travel & Dining Spends1.00%

No published cap

₹

Other Retail Spends0.50%

No published cap

₹

Excluded / Non-Reward Spends0%

Fuel, rent, wallet, govt, cash

₹

Category / Reward Bucket	Monthly Spend	Rate	Effective Rate	Cap Period	Eligible Reward	Cap Status
International Spends	₹6,000	3X Reward Points on international transactions (6 RP per ₹100 spent; 1.50% value; 1 RP = ₹0.25)	—	None	Calculating...	Under cap
Travel & Dining Spends	₹6,000	2X Reward Points on travel and dining (4 RP per ₹100 spent; 1.00% value)	—	None	Calculating...	Under cap
Other Retail Spends	₹18,000	2 Reward Points per ₹100 spent on other purchases (0.50% value)	—	None	Calculating...	Under cap
Total Monthly Cashback	₹30,000	-	—	-	₹0 / mo	Zero cap loss

Annual Spends

₹3.6 lakh

12 billing cycles

Annual Capped Rewards

₹0

0% blended return

Effective Fee

₹0

Standard renewal

Net Annual Value

+₹0 / yr

Rewards - Fee

*Calculation based on verified card reward rates, applicable monthly caps, and fee-waiver thresholds (fee waived).

Multi-card comparator

Airport Lounge Access

Domestic and international lounge privileges, spend hurdles, and participating terminals

Domestic Lounge Access

Airports within India

Included

Complimentary Visits: 2 complimentary visits per quarter
Spend Requirement: ₹60,000 per Previous Calendar Quarter

1 complimentary domestic airport lounge visit per calendar quarter, subject to ₹20,000 spend in preceding calendar quarter

International Lounge Access

Global airports outside India

Included

Complimentary Visits: 2 complimentary visits per year
Spend Requirement: No spend requirement
Access Type: Priority Pass

1 complimentary international airport lounge visit per calendar year via Priority Pass

Planning an upcoming departure?

Verify this card against live departure gates and specific terminal lounges across India.

Check airport coverage →

Where can I use this card for airport lounge access?

This card includes complimentary admission across verified Indian airport terminals. Check individual terminal lounges and spend criteria before you travel.

See where this card gets lounge access

Airport Lounge Checker

Domestic Allowance2 Domestic visits/quarter + 2 International visits/year · ₹60k quarterly spend required (Domestic)

Airport Coverage40+ Major Indian Airports

Lounge DirectoryView All Lounge Coverage

Representative Major Airport Lounges:

Delhi (DEL)Mumbai (BOM)Bengaluru (BLR)Hyderabad (HYD)Chennai (MAA)Kolkata (CCU)All 40+ Airports →

Fees & Charges

Complete breakdown of joining, renewal, forex, financing APR, and transaction charges

1. Card Membership Fees

Joining Fee (1st Year): Free
Annual / Renewal Fee (2nd Year Onwards): Free
Annual Spend Fee Waiver: Lifetime Free — no renewal fee
Fee Terms Notes: Mastercard World premium credit card; lifetime free for new onboarded customers; 2.00% low forex markup; 4 domestic + 1 intl lounges

2. International Spends

Foreign Currency Markup (Forex): 2.00% + GST
Dynamic Currency Conversion (DCC): Standard 1% mark-up on cross-currency INR transactions where applicable

3. Borrowing & Financing

Monthly Interest Rate (Finance Charges): 2.99% per month
Annualized Interest Rate (APR): Refer to official schedule of charges
Cash Advance / ATM Withdrawal Fee: Refer to official schedule of charges
Interest-Free Period: Up to 50 Days

4. Other Charges & Taxes

Late Payment Charges: Late Payment Charges
Fuel Surcharge Waiver: Fuel surcharge and applicable taxes (including GST) if any, are levied by the fuel merchant/acquiring bank.

Regulatory Tax Notice: Goods and Services Tax (GST) of 18% is applicable on all card fees, interest charges, and milestone fees as mandated by the Government of India.

Verified Terms & Exclusions Summary

• Joining Fee: ₹0; Annual Renewal Fee: ₹0 (Complimentary for qualifying premier banking clients). • Rewards Structure: 3 reward points per ₹100 spent online; 2 reward points per ₹100 on offline POS spends. • Preferential Forex: Low 2.00% foreign exchange markup on international transactions. • Domestic Lounge Access: 2 complimentary domestic airport lounge visits per calendar quarter. • International Lounge Access: 1 complimentary international airport lounge visit per calendar year via LoungeKey. • Movie Privileges: Buy 1 Get 1 free movie ticket on Inox/PVR up to ₹100 once per calendar month. • Fuel Surcharge: 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 (maximum waiver of ₹150 per month).

Is the Annual Fee Worth It?

Evaluate whether this card's perks and waiver threshold justify its Free renewal fee.

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Eligibility & Application Requirements

Income criteria, minimum age, CIBIL score benchmark, and verification checklist

Age Requirement: Not specified
Employment Status: Not specified
Recommended Credit Score (CIBIL): Not specified
Residency: Indian resident or NRI
Special Eligibility Notes: - Quarterly Spend-Based Eligibility: - Additional provisions applicable to Non-Resident (NR) Customers: For Non-Resident (NR) customers, registration and maintenance of an Auto Debit mandate through a designated NRE or NRO account with the Bank shall be mandatory for servicing the Credit Card account. - NRI Documents required: - PAN - Aadhaar

Mandatory Verification Documents

1. Identity ProofPAN Card (Mandatory), Aadhaar Card, Passport, or Voter ID.

2. Address ProofAadhaar (DigiLocker), Utility Bill (Electricity/Piped Gas), or Rental Agreement.

3. Income ProofLatest 3 months salary slips, Form 16, or latest 2 years ITR computation.

Frequently Asked Questions

Common questions regarding Federal Bank Mastercard Celesta Credit Card application, fees, reward redemption, and eligibility

What is the annual fee of Federal Bank Mastercard Celesta?

The card is complimentary with zero joining fee and zero annual renewal fee for eligible Federal Bank premier banking customers.

What is the foreign currency markup on this card?

The card features a reduced foreign currency markup fee of 2.00% plus GST on international transactions, lower than the standard 3.50% industry benchmark.

How many airport lounge visits are included?

You receive 2 complimentary domestic airport lounge visits per calendar quarter, plus 1 complimentary international airport lounge visit per year.

How many reward points do I earn on online purchases?

You earn 3 reward points for every ₹100 spent on online shopping and digital payments.

What movie benefits are available on this card?

Cardholders receive Buy 1 Get 1 free movie tickets on Inox and PVR with a discount of up to ₹100, usable once per calendar month.

What is the joining and annual renewal fee for Federal Bank Mastercard Celesta Credit Card?

The joining fee for Federal Bank Mastercard Celesta Credit Card is Free (one-time), and the annual renewal fee is Free from the second year onwards. GST of 18% is applicable on all fee charges.

Can the annual fee on Federal Bank Mastercard Celesta Credit Card be waived?

Federal Bank Mastercard Celesta Credit Card is a Lifetime Free credit card with no annual renewal fee, so no spend-based waiver is required.

What are the primary rewards and cashback earn rates on Federal Bank Mastercard Celesta Credit Card?

Federal Bank Mastercard Celesta Credit Card offers Federal Rewards. Cardholders also enjoy accelerated reward rates on partner merchants and selected digital spend categories.