1 pt / ₹100 · Up to 3 pts / ₹100 on Indigo
Strong data Pairwise comparison
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Axis Bank IndiGo vs Federal Bank Signet Credit Cards – Fees, Lounge, Forex
Side-by-side comparison of the Axis Bank IndiGo and the Federal Bank Signet. Verify fees, lounge access, forex markup, and base rewards before you apply.
The short answer
VerdictNo decisive winner on the core dimensions — the head-to-head below shows where the small differences are.
Head-to-head
Three core metrics- Annual fee Signet saves ₹799/yrIndiGo ₹799 Annual-fee waiver not offeredSignet ₹0
- Forex markup IndiGo 3.5%Signet 3.5%
- Domestic lounge IndiGo 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹50,000 spend in the previous 3 calendar monthsSignet 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹20,000 spend in the previous calendar quarter (unlocks the following quarter)
Reward earning explained
Per card0.5 pts / ₹100 · Up to 1.5 pts / ₹100 on Electronics Apparel
Strong dataPick based on what matters
3 dimensionsStart with the constraint you care about most: annual fee (Axis Bank IndiGo: ₹799 vs Federal Bank Signet: ₹0), forex markup (3.5% vs 3.5%), or lounge access (4/year (1 per quarter) vs 4/year (1 per quarter)).
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Forex markup Tie Both cards are similar for forex
Forex markup is 3.5%.
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Lounge access Tie Both cards are similar for lounge access
Domestic lounge access is 1 per quarter.
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Rewards Insufficient data Insufficient data to compare rewards
Available evidence is incomplete: Axis Bank IndiGo is not safely INR-comparable (no usable point value). Federal Bank Signet conservative base value ~0.05% per ₹100.
All fields
Example usage at this monthly spend
At ₹50k/month spend:
- Signet: ~₹30/month at base rate
- IndiGo Axis Bank: Base earn not clearly specified
Illustrative only, using current base rates before caps.
| Field | IndiGo Axis Bank | Signet Federal Bank |
|---|---|---|
| Lounge Access | ||
| Domestic lounge visits spend-gated on some cards — see caveats | 4/year (1 per quarter) | 4/year (1 per quarter) |
| International lounge visits Only available for Signet | Not specified | 4 per year |
| Forex / International Use | ||
| Forex markup | 3.5% | 3.5% |
| Fees | ||
| Recurring annual fee ₹799 vs ₹0 | ₹799 | ₹0 |
| Annual-fee waiver Only available for IndiGo Axis Bank | Not offered | Not specified |
| Interest-free period Up to 50 days vs Up to 48 days | Up to 50 days | Up to 48 days |
| Monthly interest rate | 3.75% / month | 3.75% / month |
| Late-payment charge Only available for Signet | Not specified | ₹250–₹1,250 depending on outstanding balance |
| Fuel benefit Only available for IndiGo Axis Bank | 1% surcharge waiver · ₹400–₹4,000 transactions · ₹400/month waiver cap | Not specified |
| Rewards | ||
| Points per ₹100 1 pt / ₹100 vs 0.5 pts / ₹100 | 1 pt / ₹100 | 0.5 pts / ₹100 |
| Conservative base value Not safely INR-comparable vs ~0.1% | Not safely INR-comparable | ~0.1% |
| Earn ceiling 750 points per statement cycle; at 2 pts / ₹100, this lane reaches the cap at ₹37,500 of eligible spend vs Not stated | 750 points per statement cycle; at 2 pts / ₹100, this lane reaches the cap at ₹37,500 of eligible spend | Not stated |
| Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. Only available for Signet | Not specified | ₹0.25 |
| Point validity Only available for Signet | Not specified | 3 years |
Notes
- IndiGo Axis Bank Credit Card: Condition: ₹50,000 spend in the previous 3 calendar months
- Federal Bank Signet Credit Card: Condition: ₹20,000 spend in the previous calendar quarter (unlocks the following quarter)
- Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.
Axis Bank IndiGo
Verify with issuer , opens external siteFederal Bank Signet
Verify with issuer , opens external site