Federal Bank Imperio Credit Card: Fees, Rewards & Real Value

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Verified against Federal Bank (June 2026): Lifetime-free card with a 3-2-1 reward structure — 3X on healthcare & grocery, 2X on utilities, 1X on other spends (1 RP = ₹0.25). Welcome: ₹400 Amazon Pay e-voucher on ₹5,000 spend in 30 days; ₹300 BigBasket vouchers on ₹50,000 quarterly spend. 2 domestic lounge visits next quarter on ₹40,000 quarterly spend. INOX BOGO movie (up to ₹100 off, once/quarter). 1% fuel surcharge waiver. Points valid 3 years. Confirm terms on federalbank.co.in before applying.

Federal Bank Imperio Credit Card Review

Federal Bank · Lifetime-free everyday rewards · Visa / Mastercard
Our score: 7.0 / 10
Lifetime-free
3X healthcare & grocery
Lounge on spends
Movie BOGO

The Federal Bank Imperio is a lifetime-free everyday card with a simple 3-2-1 reward structure tilted toward healthcare, grocery and utilities, plus welcome vouchers and lounge access on spends. Here is the verified review.

TL;DR: A lifetime-free card earning 3X on healthcare and grocery, 2X on utilities and 1X elsewhere (1 RP = ₹0.25), with an Amazon Pay welcome voucher, BigBasket quarterly vouchers, 2 domestic lounge visits (on ₹40k quarterly spend), an INOX movie BOGO and a fuel waiver. A sensible no-fee everyday card for households with regular healthcare/grocery spends.
What we like
  • Lifetime-free — no joining or annual fee
  • 3X on healthcare & grocery, 2X on utilities
  • ₹400 Amazon Pay welcome voucher
  • 2 domestic lounge visits on ₹40k quarterly spend
  • INOX movie BOGO; fuel surcharge waiver
Watch out for
  • Point value modest (1 RP = ₹0.25)
  • Lounge is spend-gated (₹40k/quarter)
  • 1X base on non-bonus categories
  • Movie BOGO only once a quarter
  • Reward caps may apply

Rewards & benefits

ItemDetail
FeeLifetime-free
Healthcare & grocery3X reward points
Utilities2X reward points
Other spends1X (1 RP = ₹0.25)
Welcome₹400 Amazon Pay voucher (₹5k/30 days)
Lounge2 domestic on ₹40k quarterly spend

Eligibility & documents

Fee

Lifetime-free

Points validity

3 years

Network

Visa / Mastercard

Best for

Healthcare/grocery everyday spenders

Recommended CIBIL

~720+

Documents

PAN, Aadhaar, income & address proof

Who this card is for

  • Best fit: households with regular healthcare and grocery spends who want a no-fee everyday card.
  • Skip if: you want a high flat-rate or premium travel card.

How to apply & how to cancel

Apply: via federalbank.co.in. Cancel: call Federal Bank customer care after clearing dues; redeem points first.

Final verdict

The Federal Bank Imperio is a tidy lifetime-free everyday card — 3X on healthcare and grocery, useful welcome vouchers, spend-based lounge access and a movie BOGO at no annual cost. The base rate and modest point value mean it’s a complementary everyday card rather than a primary high-rewards engine.

Frequently asked questions

Is it free?

Yes — the Federal Bank Imperio is a lifetime-free card.

How does the 3-2-1 structure work?

3X reward points on healthcare and grocery, 2X on utilities, and 1X on all other spends (1 RP = ₹0.25).

What’s the welcome benefit?

A ₹400 Amazon Pay e-voucher on ₹5,000 spend within 30 days, plus BigBasket vouchers on ₹50,000 quarterly spend.

Does it offer lounge access?

Yes — 2 domestic lounge visits the next quarter on ₹40,000 of spend in a quarter.

Data current as of June 2026, cross-checked against Federal Bank and aggregators. Confirm current terms on federalbank.co.in before applying.

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