Federal Bank Wave Credit Card Reviews, Features and details – Private Lender Federal Bank has launched the Rupay based UPI-enabled credit card with many features. Federal Bank’s cardholders can now link their RuPay Wave credit card to their preferred UPI applications like PhonePe, Paytm, BHIM etc. This is the simplest and easiest option for credit card users.
The Wave Credit Card is the Virtual Credit Card and will not be issued in the physical form. It will share the existing credit card limit for the existing users.
Also Read – How To Link Canara Rupay Credit Card For UPI Payments?
Features of Federal Bank Rupay Wave Credit Card
• Simple 2 click journey via the Fed Mobile application (Mobile Banking application).
• No AMC or joining fees.
• 10% cashback on the first five UPI transactions made using the Wave Credit Card.
• 1,000 bonus reward points upon quarterly spends of Rs 50,000, as a milestone benefit.
How to apply ?
- Existing Federal Bank credit card holders can apply for the Wave Credit Card through the FedMobile application.
- Customers can log in to their credit card account, apply for the Wave Credit Card, accept the terms and conditions, and verify their application with their MPIN.
- Those customers who do not own a Federal Credit Card can apply for a primary credit card and apply for a Wave credit card subsequently.