Scapia

Scapia is the Indian travel-card answer, not a current account. Put it next to Niyo (forex prepaid) and a scheduled-bank salary account. Do not list it as a neobank deposit.

Scapia (often misspelt Scrapia) is a Bengaluru travel fintech. The Visa is issued by Federal Bank. That sentence is the product. UPI and in-app flights sit on top. Deposits, if any, are not what you are buying.

Scapia lists Credit card issued by a scheduled bank under RBI (Federal Bank) in India. On safeguarding we currently write: This is a credit card, not a deposit account — Federal Bank is the issuer. Holder / issuer line: Federal Bank. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Nil joining / annual on the core travel card (confirm live offer); FX 0% forex markup on the travel card — the whole pitch; ATM Credit cash advance, not a debit ATM product. This desk would open it for: Indians who want a travel credit card with a named scheduled-bank issuer.

What it does well: Issuer is Federal Bank, not a mystery NBFC; Zero forex is a real tariff, not a slogan; App is built for trips. What to watch: Credit, not a salary account; Rewards maths moves; Credit-limit anxiety on long trips. Desk score 7.5 / 10 (safety 7.4, fees 8.8, features 8.0, app 8.6). Last verified 2026-08-01. Headquartered in Bengaluru, India; founded 2022. None of this is advice — it is a file so you can read the entity before the card colour.