Federal Bank Worknomic Card - Business Expense Rewards

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Features of the Federal Bank Worknomic Visa Credit Card

Contactless Payment Technology: The Federal Bank Worknomic Visa Credit Card incorporates advanced contactless payment technology, allowing cardholders to make quick and secure payments by simply tapping the card at compatible POS terminals. For transactions under Rs. 5,000, no PIN is required, making it ideal for small, frequent purchases like coffee, groceries, or online subscriptions. This feature is particularly useful for remote workers who rely on quick, hassle-free payments while managing their daily tasks.
Enhanced Security with EMV Chip: The card is equipped with an EMV chip, ensuring robust security for both contactless and swiped transactions. The chip encrypts transaction data, reducing the risk of fraud and unauthorized use, which is critical for professionals making frequent online payments for software subscriptions, cloud services, or e-commerce purchases.
Reward Redemption Flexibility: Points can be redeemed via the Federal Rewards Portal for flight tickets, hotel bookings, electronics, and gift vouchers. Each point equals ₹0.25, with a minimum redemption of 250 points and a ₹99 nominal fee per request.

- Reward Points Structure – 3-2-1 Rewards Program:
  The Worknomic Visa Credit Card offers a tailored rewards structure designed to maximize savings on work-related and lifestyle expenses:
  - 3x Reward Points: Earn 3 points for every ₹100 spent on work-from-home essentials like electronics (laptops, monitors), software subscriptions, and internet services.
  - 2x Reward Points: Earn 2 points per ₹100 on online shopping and dining, catering to professionals ordering food or shopping online.
  - 1x Reward Points: Earn 1 point per ₹100 on all other eligible spends, including groceries and utilities.
- Complimentary Lounge Access:
  Domestic and international airport lounge visits are included:
  - 4 complimentary domestic lounge visits per quarter (16 annually).
  - 2 complimentary international lounge visits per year.
  - Priority Pass program integration for access to 700+ lounges worldwide.
  This feature is perfect for professionals traveling for work or leisure.
- Fuel Surcharge Waiver:
  Enjoy a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 at all fuel stations in India, with a maximum waiver of ₹250 per billing cycle.
- Low Annual Percentage Rate (APR):
  Dynamic APR ranges from 0.69% per month (8.28% per annum) to 3.75% per month (45% per annum), based on your banking relationship. Interest-free period of up to 48 days.
- Zero Liability Protection:
  Protects you from unauthorized transactions if reported promptly via FedMobile, FedNet, SMS, or customer care (1800-425-1199).
- Contactless EMI Options:
  Convert transactions above ₹2,500 into EMIs over 3, 6, 12, or 24 months through the FedMobile app or customer care.
- Add-On Cards:
  Up to 3 add-on cards allowed for family or colleagues, sharing the primary card’s credit limit.
- Global Acceptance:
  Accepted at 24 million outlets worldwide including 250,000+ in India, with Verified by Visa (VbV) for secure online payments.
- Security and Convenience Features: Includes Visa’s 3D Secure for online transactions and digital card management via FedMobile and FedNet, allowing statement checks, bill payments, rewards redemption, and card blocking.
- Advanced Fraud Protection: The card employs Visa’s global security standards, including 3D Secure authentication for online transactions, ensuring protection against cyber threats. This is crucial for remote workers purchasing cloud-based tools or digital services.
- Digital Card Management: Through the FedMobile app or FedNet internet banking, cardholders can manage their Worknomic Visa Credit Card with ease. Features include checking statements, paying bills, redeeming rewards, and blocking the card in case of loss or theft, all from a smartphone or computer.
- No Joining or Annual Fees: The Federal Bank Worknomic Visa Credit Card is lifetime free, with no joining or annual fees for a limited period, reducing the cost of ownership for cardholders. This makes it an attractive option for cost-conscious professionals.
- Technical Specifications:
  - Card Variants: The Worknomic Visa Credit Card is available in Visa Classic and Visa Platinum variants, with the Platinum variant offering higher credit limits (up to Rs. 5 lakh) and enhanced rewards for premium users. The choice of variant depends on the applicant’s eligibility and income profile.
  - Foreign Currency Markup Fee: For international transactions, the card applies a 3.5% forex markup fee, which is competitive but higher than premium cards like the Federal Bank Visa Celesta (2%). Cardholders should plan international spends strategically to minimize costs.
  - Credit Limit: The credit limit ranges from Rs. 1 lakh to Rs. 5 lakh, based on the applicant’s income, credit score, and banking relationship with Federal Bank. Existing customers may qualify for higher limits, enhancing flexibility for work-related expenses.

Benefits of the Federal Bank Worknomic Visa Credit Card

Amazon Pay e-Voucher: As a welcome benefit, cardholders receive an Amazon Pay e-Voucher worth ₹600 upon spending ₹10,000 within the first 30 days of card issuance. This voucher can be used for purchasing work-from-home essentials like ergonomic chairs, headsets, or software subscriptions on Amazon, providing immediate value.
Milestone Swiggy Vouchers: By spending ₹20,000 in a quarter, cardholders earn complimentary Swiggy vouchers, redeemable for food deliveries. This is particularly beneficial for remote workers who rely on food delivery services during busy workdays, offering savings on dining expenses.

- Entertainment and Lifestyle Perks:
- BOGO Movie Ticket Offer: Includes a Buy One, Get One (BOGO) offer on INOX movie tickets, available once per month. The discount is capped at ₹100 per ticket.
- FedDelights Dining Program: Up to 15% discounts at partner hotels and restaurants across India for client meetings or dining experiences.
- Travel-Related Advantages:
- Complimentary Lounge Access: 4 free visits/quarter to domestic lounges (16/year) and 2 free visits/year to international lounges.
- Visa Global Offers: Access to discounts on hotels, car rentals, and dining under Visa’s travel and entertainment deals.
- Financial Savings and Flexibility:
- Fuel Surcharge Waiver: 1% waiver (up to ₹250 per billing cycle) on transactions between ₹400–₹4,000, ideal for daily commuters.
- Low APR and Interest-Free Period: APR between 0.69%–3.75% per month and 48-day interest-free period to support variable income management.
- EMI Conversion: Transactions above ₹2,500 can be converted into 3–24 month EMIs, easing large work-from-home purchases.
- Security and Convenience Benefits:
- Zero Liability on Fraud: Cardholders are protected from unauthorized transactions if reported promptly.
- Contactless Payment: Enables fast, tap-and-go payments for everyday purchases, secured by EMV chip and 3D Secure authentication.
- Digital Management Tools: Manage the card using the FedMobile app or FedNet portal. View statements, redeem rewards, convert EMIs, set limits, or block the card instantly.
- Lifestyle and Work-from-Home Benefits:
- Tailored for Remote Workers: 3x rewards on electronics, internet, and software subscriptions used for work-from-home.
- Add-On Card Benefits: Up to 3 cards for family or team members sharing the credit limit and rewards.
- No Annual Fees: Lifetime free for a limited period, suitable for freelancers and early-career professionals.
- Reward Points Optimization:
- Accelerated Rewards: 3x reward points on work essentials like laptops and tools.
- Versatile Redemption: Redeem via Federal Rewards Portal for electronics, travel, gift vouchers, etc.
- Additional Perks:
- Visa Network Benefits: Global offers across travel, dining, shopping from the Visa platform.
- Insurance Coverage: Includes purchase protection and travel insurance (delays/lost baggage).
- Overdraft Facility: Temporary credit extension available via SBI Cards (Federal Bank partner).

How to Apply for the Federal Bank Worknomic Visa Credit Card

Online Application via Federal Bank Website:
- Visit Federal Bank’s official website and go to the ‘Credit Cards’ section.
- Select the Worknomic Visa Credit Card and click ‘Apply Now’ to begin the application.
- Enter your personal, employment, and income details accurately.
- Upload scanned copies of the required documents (PDF/JPEG, max 2MB each).
- Complete the video KYC (vKYC) if you are a new customer.
- Submit the application and note the reference number for status tracking.
Application via FedMobile App:
- Log in using your FedMobile credentials.
- Navigate to the ‘Cards’ section and select the Worknomic Visa Credit Card.
- Fill in the required details and upload documents digitally.
- Complete vKYC directly within the app, if applicable.
- Track your application in real time.
Branch-Based Application:
- Visit the nearest Federal Bank branch and request the Worknomic Visa Credit Card form.
- Fill in all details and submit with self-attested copies of identity, address, and income proof.
- Carry originals for verification.
- Bank staff will help with submission and initial checks.
Customer Care Assisted Application:
- Call toll-free 8885545255 for guided support.
- Representative will assist with eligibility checks and document submission methods.
Eligibility Criteria:
- Age: 21–65 years for unsecured cards; 18+ for secured (FD-backed) cards.
- Income: ₹3.6 lakh p.a. for salaried; self-employed must show stable income through ITRs.
- Credit Score: Preferred CIBIL score of 750+; leniency for existing Federal Bank customers.
- Nationality: Resident Indians and NRIs with valid documentation can apply.
Required Documents:
- Identity Proof: Aadhaar, PAN, Passport, Voter ID, Driving License.
- Address Proof: Utility bills, Aadhaar, Passport, Rental Agreement, Bank statement.
- Income Proof:
  - Salaried: Last 3 salary slips, Form 16, 3-month salary account statement.
  - Self-Employed: ITRs (2 years), audited financials, 6-month bank statement.
- Others: 2 recent passport-size photographs, existing credit card statements (if any).
Application Review and Approval:
- Federal Bank verifies all details, credit history, and documents.
- Processing typically takes 7–10 working days.
- Get updates via email, SMS, or through the FedMobile app.
Tracking Application Status:
- Track online using your application ID, PAN, or mobile number.
- Use the FedMobile app or call customer care for real-time updates.
Card Activation:
- Activate via FedMobile app, internet banking, or customer care helpline.
- Set a secure PIN for all transaction modes (ATM, POS, UPI).

Eligibility Criteria for the Federal Bank Worknomic Visa Credit Card

Age Requirements:
- Primary Cardholder: Must be at least 21 years old and not older than 65 years.
- Add-On Cardholders: Must be at least 18 years old. Applicable for immediate family members.
Income Requirements:
- Salaried Individuals: Minimum annual income of ₹5 lakh is typically expected.
- Self-Employed Professionals: Annual income of at least ₹6 lakh, supported by business or professional documents.
Employment Status:
- Salaried: Should have at least 1 year of continuous employment with the current employer.
- Self-Employed: Business or professional practice must be operational for a minimum of 2 years.
Residency and Nationality:
- Indian Residents: Must reside in a Federal Bank serviceable location with verifiable address proof.
- NRIs: Eligible if maintaining an NRE/NRO account and submitting required supporting documents.
Credit Profile:
- Credit Score: A score of 700 or above is preferred, based on credit reports from CIBIL/Experian.
- Limited History: Applicants with no credit score may still qualify if income and stability are proven.
Banking Relationship:
- Existing Federal Bank customers with savings accounts, FDs, or loans may have enhanced approval chances.
- Maintaining a fixed deposit of ₹25,000+ may strengthen eligibility (especially for secured card variants).
Debt-to-Income Ratio:
- A DTI ratio below 40% is generally preferred to ensure creditworthiness and repayment capability.
Geographic Eligibility:
- Applicants must reside in a city/region covered by Federal Bank’s branch network.
- Applicants in non-serviceable areas may be disqualified or asked to provide an alternate address.
KYC Compliance:
- Aadhaar and PAN are mandatory.
- NRIs may need to provide a valid passport and visa or PIO/OCI card.
How to Check Eligibility:
- Use the Federal Bank website or visit a nearby branch.
- Applicants can input age, income, and job type to receive instant eligibility feedback.
Educational Background:
- Graduation or equivalent education is preferred, especially for salaried applicants in formal employment.
Existing Loan Repayment History:
- Applicants must not have any current loan defaults or recent missed EMIs/credit card dues.
Mobile and Email Verification:
- Applicants must provide an active mobile number and email ID for communication and KYC verification.
Document Authenticity:
- All submitted documents must be current, valid, and verifiable. Forged or outdated documents may lead to rejection.

Documents Required for the Federal Bank Worknomic Visa Credit Card

Identity Proof
- Aadhaar Card: Must include the full 12-digit number and be linked to the applicant’s mobile number for verification.
- PAN Card: Essential for tax purposes and mandatory for all credit card applications.
- Passport: Valid for both residents and NRIs, especially for international transactions.
- Voter’s ID: A widely accepted identity proof for Indian residents.
- Driving License: Must be valid and include a clear photograph.
Address Proof
- Utility Bills: Electricity, water, or gas bills issued within the last three months.
- Rental Agreement: A registered agreement with the landlord’s details.
- Aadhaar Card: If not used as identity proof, it can serve as address proof.
- Bank Statement: A recent statement from a recognized bank showing the applicant’s address.
- Passport: Valid for address verification if it includes the current residential address.
Salaried Individuals
- Salary Slips: Last three months’ payslips showing consistent income.
- Bank Statement: Last three months’ statements from the salary-crediting account, reflecting regular deposits.
- Form 16: Issued by the employer, detailing annual income and tax deductions.
- Employment Certificate: Offer letter or letter confirming job stability, if required.
Self-Employed Individuals
- Income Tax Returns (ITR): Last two years’ ITR filings with computation of income.
- Business Financials: Profit and loss statements or balance sheets for the last two years.
- Bank Statement: Last six months’ statements from the business or personal account showing consistent transactions.
- Business Registration Proof: GST certificate or shop license as applicable.
Additional Requirements for NRIs
- Indian Address Proof: Bank statement or utility bill of linked NRE/NRO account.
- Overseas Address Proof: Recent utility bill, rental agreement, or government ID.
- Passport and Visa: Valid passport with applicable visa or work permit.
Secured Card Applicants
- Fixed Deposit Receipt: FD of at least ₹25,000 with a minimum 6-month tenure.
- Savings Account Details: Must hold an active savings account with Federal Bank.
Existing Credit Card Holders
- Latest Credit Card Statement: To assess credit utilization and repayment behavior.
- Front Copy of the Credit Card: To verify the issuer and cardholder’s name.
Photographs
- Two recent passport-sized photographs with plain background, taken within the last six months.

Factors Affecting Eligibility for Federal Bank Worknomic Visa Credit Card

Credit Score and History
- Federal Bank generally prefers a CIBIL score of 700 or higher, indicating strong creditworthiness and timely repayments.
- Applicants with scores below 700 or negative credit history (defaults, late payments) may face rejections or be offered secured card variants.
- Credit history is assessed via major bureaus like CIBIL, Equifax, and Experian over a 12–24 month window.
Income Stability
- Salaried individuals should have a minimum annual income of ₹5 lakh; self-employed individuals should have ₹6 lakh or more.
- Stable and consistent income ensures the ability to handle monthly credit card dues responsibly.
- Income thresholds may vary based on the applicant’s location—metro city applicants may need higher income due to cost of living differences.
Employment Status and Continuity
- Salaried applicants must have at least 1 year at their current job; self-employed applicants should show 2+ years of stable business operations.
- Applicants in stable sectors like IT, healthcare, or government are considered lower risk.
- Applicants with senior roles and higher salaries may receive faster approval and higher limits.
Debt-to-Income Ratio
- A DTI ratio below 40% is ideal. It reflects the applicant’s ability to handle new credit responsibly.
- Applicants with heavy ongoing EMIs or high credit card balances may face lower approval odds.
- Reducing outstanding debt improves both credit score and eligibility.
Location and Accessibility
- Card issuance is restricted to locations within Federal Bank’s serviceable areas.
- Applicants in non-serviceable or blacklisted zones may be ineligible or need to provide alternate proof of address.
- Urban applicants might need to meet higher income benchmarks but benefit from better branch and service access.
Number of Credit Enquiries
- Multiple hard enquiries within 3–6 months negatively affect the score and raise red flags with underwriters.
- Limit credit applications and space them apart strategically.
Existing Relationship with Federal Bank
- Holding a savings account, fixed deposit, or loan with the bank can ease approval by showing financial discipline.
- Applicants with FDs (e.g., ₹25,000 or more) may even qualify for unsecured variants or higher limits.
- Cross-selling programs may offer relaxed criteria to existing customers.
Application Accuracy
- All submitted information (income, KYC, employment details) must match official records.
- Discrepancies or false information may lead to rejection or blacklisting.
- Ensure updated contact details for smooth VKYC, document collection, and verification.

Frequently Asked Questions (FAQs) – Federal Bank Worknomic Visa Credit Card

1. What is the Federal Bank Worknomic Visa Credit Card?

It is a co-branded credit card offered by Federal Bank in partnership with Worknomic, designed for professionals and salaried individuals. It offers benefits such as reward points, discounts, lifestyle perks, and more.

2. What are the key features of this card?

Reward points on spends, 1% fuel surcharge waiver, discounts on dining, shopping, and travel, complimentary airport lounge access (if applicable), and contactless payment technology.

3. What is the eligibility criteria?

The card is open to salaried individuals or self-employed professionals. Minimum age is 21 years, and maximum age is typically 60–65 years. Minimum income requirements apply and may vary based on applicant profile.

4. How can I apply for the Worknomic Visa Credit Card?

You can apply online via the Federal Bank website or Worknomic’s portal, or offline by visiting your nearest Federal Bank branch.

5. What are the fees and charges?

The joining fee and annual fee may vary depending on the card variant (e.g., ₹X joining fee and ₹Y annual fee). Some fees may be waived based on spending thresholds. Interest is usually ~3%–3.5% per month (~42% p.a.), and late payment/cash advance charges apply.

6. How do I earn reward points?

Typically, you earn X reward points per ₹100 spent. The earning rate may vary based on spending categories like groceries, travel, fuel, etc. Bonus points may be available for specific transactions.

7. Is there a fuel surcharge waiver?

Yes, cardholders receive a 1% fuel surcharge waiver at petrol pumps, subject to minimum and maximum transaction limits as per terms and conditions.

8. Does this card offer airport lounge access?

Select variants of the Worknomic Visa Credit Card offer complimentary lounge access at airports, typically 2 to 4 visits per year. Please check the exact terms with the bank.

9. What is the credit limit for this card?

The credit limit depends on various factors such as your income, credit history, and Federal Bank’s internal policies. It generally starts from ₹50,000 and may go higher.

10. How can I redeem reward points?

Reward points can be redeemed via Federal Bank’s rewards portal for gift vouchers, flight and hotel bookings, cashback, or statement credits.

List of Federal Bank Worknomic Visa Credit Card Branches in Karnataka

Bangalore - Vignana Nagar
Bangalore - Bannerghatta
Bangalore - Bidadi
Bangalore - Billapura
Bangalore - Chambenahalli

Bangalore - Channapatna
Bangalore - Balagaranahalli
Bangalore - CCSC Bangalore
Mysore - J P Nagar
Mysore - V V Mohalla

Mysore - Devanur
Mysore - Siddarthanagar
Mysore - Jayalakshmipuram
Karnataka - Mysore
Mangalore - Hampankatta

Mangalore - Bejai
Mangalore - Kankanady
Mangalore - Surathkal
Karnataka - Mangalore
Hubli - Deshpande Nagar

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