Federal RuPay Wave Credit Card is a floater card linked to your primary Federal Bank Credit Card, sharing the same credit limit. Available exclusively to existing cardholders, this RuPay card allows you to earn up to 10% cashback on UPI transactions, in addition to a base reward rate of 1 point per Rs. 200 spent. Additionally, the card also offers bonus reward points as milestone benefits. While it’s an add-on credit card with basic benefits like reward points and cashback, it’s a great option for those looking to extend their credit limit. Read on to know about the detailed features and benefits of this credit card.
Key Highlights of Federal RuPay Wave Credit Card |
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| Joining Fee | Nil |
| Annual Fee | Nil |
| Cahsback Benefit | 10% cashback on first 5 UPI transactions |
| Reward Benefit | 1 reward point for every Rs. 200 spent |
| Milestone Benefit | 1,000 bonus reward points on spending Rs. 50,000 in a quarter |
Note: This Card is not available on Paisabazaar.com. The content on this page is for information only. To express interest in this card, please visit Federal Bank’s website.