Federal Bank has launched wave rupay credit card. It is provided only to existing users on shared limit with existing card.
At the moment I don't know much about this card but I have received it as I was getting it ltf.
Anyone know features of this card?
Virtual and Floater: This card is digital (no physical card) and its credit limit is shared with your existing Federal Bank credit card. You can use it for UPI transactions.
Rewards:
- Get 10% cashback on your first five UPI transactions.
- Earn 1 reward point for every Rs. 200 spent, which can be redeemed for benefits.
- Achieve Rs. 50,000 spending in a quarter to get 1000 bonus reward points.