Fed StarBiz Credit Card
Best for mSME proprietors paying business expenses from their OD/CC line. No rewards programme disclosed
Terms as of 2026-09-28 · Checked 28 September 2026Fed StarBiz Credit Card at a glance
Who it suits: MSME proprietors paying business expenses from their OD/CC line
Rewards & cashback
| Details | |
|---|---|
| How you earn | No rewards programme disclosed |
| Caps & exclusions | Daily limit Rs 3 lakh or available OD/CC balance |
Travel, lounge & fuel benefits
Fees & charges
| Charge | Amount |
|---|---|
| Joining fee | ₹275 + GST |
| Annual / renewal fee | ₹275 + GST |
| Fee waiver | — |
| Finance charge | Typically about 3.5%–3.75% per month on revolved balances (lower on some premium and secured cards) — see MITC |
| Cash withdrawal | Usually 2.5% (min ₹500) + interest from day one |
| Late payment | Slab-based, only if unpaid more than 3 days past due |
| GST | 18% on all fees and interest |
Is it worth it for you?
Eligibility & documents
| Criterion | Details |
|---|---|
| Income / criteria | Individuals/sole proprietors registered under MSMED Act with active Federal Bank OD/CC account (limit up to Rs 50 lakh) |
| Age | 18+ secured / 21+ unsecured (Celesta page: 18-70) |
| Credit score | 750+ improves approval chances |
Similar cards
| Card | Issuer | Joining / annual fee | Reward rate | Best for |
|---|---|---|---|---|
| HDFC Bank Biz Power | HDFC Bank | ₹2,500 / ₹2,500 | 1.73% base value | Growing businesses with large digital/utility spends |
| HDFC Bank Biz Grow | HDFC Bank | ₹500 / ₹500 | 0.25% base value | Small business owners paying GST/tax and software bills |
Frequently asked questions
What is the annual fee of the Fed StarBiz Credit Card?
Joining fee ₹275 and annual fee ₹275 (plus 18% GST).
What rewards does it offer?
No rewards programme disclosed Caps/exclusions: Daily limit Rs 3 lakh or available OD/CC balance
Who is eligible?
Individuals/sole proprietors registered under MSMED Act with active Federal Bank OD/CC account (limit up to Rs 50 lakh). A CIBIL score of 750+ improves approval chances.
Is the Fed StarBiz Credit Card good for me?
Best for: MSME proprietors paying business expenses from their OD/CC line. Compare the net value after fees with how and where you actually spend — the calculator on this page helps.
Source: www.federal.bank.in, 2026-09-28. Card benefits change frequently — confirm the latest Most Important Terms & Conditions (MITC) on Federal Bank’s website before applying. FinancePortal is not affiliated with the issuer.