M16S / Federal Bank / Edge Federal Bank Visa Credit Card (Jupiter)
entry · rewards, cobrand, shopping
Edge Federal Bank Visa Credit Card (Jupiter)
Federal Bank · with JupiterVisaLast checked 11 Oct 2026closed to new applicants
The Edge Federal Bank Visa Credit Card (Jupiter) costs Rs 999 a year, waived if you spend Rs 1,20,000 in a year. Its base return is 0.4% (2 Jewels per Rs 100 (min transaction Rs 100)). The forex markup is 2%. Lounge visits in India: 1 per 3 months (spend-gated, voucher). Read from the issuer's own documents on 11 Oct 2026.
Card design: jupiter.money
Annual fee
Rs 999+ GST
Fee waived at
Rs 1,20,000annual spend
Base return
0.4%
Forex markup
2%
Interest
3.75%a month
Fees
Joining fee
Free
Annual fee
Rs 999
Annual spend that waives the fee
Rs 1,20,000
Fee notes
No joining fee. Annual fee Rs 999, waived on eligible spends of Rs 1.2 lakh in the preceding year. Replacement Rs 249.
Rewards
Reward currency
Jupiter Jewels
Base earn
2 Jewels per Rs 100 (min transaction Rs 100)
Base return
0.4%
Point value
5 Jewels = Rs 1 (Rs 0.20 each); redeem as cash to a Federal Bank account or as digital gold in the Jupiter app
Accelerated earn
10 Jewels per Rs 100 (2%) in one chosen category: shopping, travel or dining (category 'booster'; a one-time booster fee is mentioned, amount not stated)
Caps
15,000 Jewels per billing cycle on base earn; booster earn up to 15,000 per cycle depending on pack.
No expiry, but Jewels are nullified if the card is unused for 365 days and lapse if dues are unpaid for 90 days
Reward notes
base_return_pct = 2 Jewels per Rs 100 x Rs 0.20 = 0.4%. Earning and redemption are locked while the minimum amount due is unpaid.
Travel and perks
Domestic loungeunverified
1 per 3 months (spend-gated, voucher)
International lounge
None
Lounge conditionsunverified
Minimum eligible spends of Rs 90,000 in the previous 3 months; voucher sent by SMS/email. The T&C page carries a voucher validity date in 2024, so the benefit may have lapsed.
Forex markup
2%
Fuel surcharge waiver
Surcharge 1% or Rs 10; waived on fuel spends up to Rs 4,000 per billing cycle
Charges and eligibility
Interest per month
3.75%
Late payment fee
2% of outstanding amount due, minimum Rs 100; nil if total outstanding under Rs 500
Cash advance fee
Not available (no cash withdrawal)
Eligibility
Age 21+, good credit score; issued only in the Jupiter app.
Fine-print notes
Federal Bank's co-branded cards page lists the Federal Edge programme (with Europa Neomarketing) as discontinued. Jupiter's page shows a 'limited access' banner and Jupiter now issues its Edge+ card on CSB Bank. Terms above are from Jupiter's MITC (interest effective 1 Sep 2024).
Questions
What is the annual fee of the Edge Federal Bank Visa Credit Card (Jupiter)?
Rs 999 a year, before GST. It is waived if you spend Rs 1,20,000 in a year.
Does the Edge Federal Bank Visa Credit Card (Jupiter) give airport lounge access?
Yes. In India: 1 per 3 months (spend-gated, voucher). Outside India: none listed. Conditions: Minimum eligible spends of Rs 90,000 in the previous 3 months; voucher sent by SMS/email. The T&C page carries a voucher validity date in 2024, so the benefit may have lapsed.
What is the forex markup on the Edge Federal Bank Visa Credit Card (Jupiter)?
2% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Edge Federal Bank Visa Credit Card (Jupiter)?
