Federal RuPay Wave Credit Card

With the same credit limit as your primary credit card, the Federal RuPay Wave Credit Card is a floater card. It makes UPI payments even more advantageous by providing a unique set of advantages and incentives. The simplicity and worthwhile benefits offered by the Federal Bank RuPay Wave Credit Card improve your overall transaction experience. You can get cashback and unrivalled benefits on your purchases when you use this card.

Features of Federal RuPay Wave Credit Card

The features of Federal RuPay Wave Credit Card are:

  1. Cashback Bonuses: Get 10% cashback on your first five card-based UPI transactions. This makes your purchases even more satisfying by allowing you to recoup a portion of your expenditure.
  2. Points for Rewards: Receive 1 reward point for each 200 rupees that you spend. Gain more value for your money by accumulating these points and using them to redeem for thrilling advantages.
  3. Redefining Convenience with UPI: Using the Federal RuPay Wave Credit Card makes using UPI transactions easier. You can complete payments quickly and easily by scanning a QR code.
  4. Milestone Advantage: Reach quarterly spending goals to receive additional reward points. Your points balance will be greatly increased when you spend Rs. 50,000 in a quarter because you will receive 1,000 bonus reward points.
federal bank wave rupay credit card

The benefits of Federal RuPay Wave Credit Card

The benefits of Federal RuPay Wave Credit Card are:

  1. Differential Invoicing and Payment: The Federal RuPay Wave Credit Card has its own billing statement even if it is connected to your primary card. For each card, you will receive a separate bill, and each payment must be paid separately to allow for easy tracking of your spending.
  2. Using a credit card on UPI: With the Federal RuPay Wave Credit Card, your UPI transactions will be improved. Your card will be configured for UPI payments instantly upon issuance, so you may connect it to well-known UPI apps and take advantage of safe, easy transactions.

How to apply for Federal RuPay Wave Credit Card?

The steps to apply for Federal RuPay Wave Credit Card are:

  1. Download the FedMobile app.
  2. Log in and click on Wave Credit Card banner.
  3. Accept the terms and conditions and provide your MPIN.
  4. You will be able to have the Wave Credit Card in a few days' time for use.

FAQs on Federal RuPay Wave Credit Card

  • What is the RuPay Wave Credit Card, or floater card?

    An extra credit card given to current primary cardholders is known as a floater card. Access a plethora of advantages with the Federal Bank RuPay Wave Credit Card, which is issued within the RuPay network. You can use this card to link to UPI apps and earn reward points and cashback on UPI transactions. It's the secret to easy and profitable payments.

  • How can I apply for a credit card called the Federal Bank RuPay Wave?

    There are just two easy steps to get the RuPay Wave Credit Card through the FedMobile app. Applying is open to current MasterCard or Visa credit cardholders. The card offers a distinctive and practical payment experience by facilitating UPI transactions within the RuPay network.

  • What is the RuPay Wave Credit Card's maximum available limit?

    Your primary card and the RuPay Wave Credit Card have the same credit limit. For instance, your RuPay Wave Credit Card will have the same "X" limit if you already have a Visa Signet/Imperio/Celesta card with the same limit. Having this agreed limit makes managing your finances easier.

  • How can I use my Federal Bank RuPay Wave Credit Card on UPI to pay a retail offline merchant?

    You can make easy payments by linking your Federal Bank RuPay Wave Credit Card to a UPI app. To begin the payment procedure, just open your UPI app, select "Scan," and utilise the QR scanner. Enter the amount, choose your Federal Bank RuPay Wave Credit Card, then use your UPI PIN to validate the transaction. A payment confirmation will be sent to you after the transaction is finished.

  • How can I use my Federal Bank RuPay Credit Card on UPI to pay an online retailer?

    You can use an intent request or a collect request from the vendor for online purchases. On the merchant website or app, choose the UPI app as your payment method. Then, log in to your UPI app, select your Federal Bank RuPay Wave Credit Card, and use your UPI PIN to confirm the payment. You'll receive a payment confirmation and be taken to the merchant page once the payment has been successfully processed.

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