Federal Bank Wave Credit Card
MyRupaya Ratings
उत्पाद विवरण
क्रेडिट कार्ड का नाम
Federal Bank Wave Credit Card
Bank Name :
Federal Bank
प्रकार
Cashback Credit Card
ब्याज दर
41.88% (3.49% per month)
पात्रता
Age: You must be at least 18 years old to apply.
Citizenship: You should be a resident Indian citizen.
पेशेवरों
Reward System: For every Rs. 200 you spend, you will earn 1 reward point. 1 RP = 0.25 Paisa. Effective cashback rate: 0.125%. You can also get 10% cashback on your first five UPI transactions with this card.
Milestone Benefit: If the user spends Rs.50,000 in a quarter, then he will receive 1000 bonus reward points.
दोष
No airport lounge access or travel benefits.
Limited acceptance.
Very low reward rates.
पक्ष विपक्ष
Welcome Benefits
None
पुरस्कार प्रणाली
Reward System: For every Rs. 200 you spend, you will earn 1 reward point. 1 RP = 0.25 Paisa. Effective cashback rate: 0.125%. You can also get 10% cashback on your first five UPI transactions with this card.
अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
3.5%
स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
UPI enable card.
Eligibility Criteria
Age: You must be at least 18 years old to apply.
Citizenship: You should be a resident Indian citizen.
फ़ायदे
Lifetime free card.
UPI compatibility.
Milestone benefits.
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
Login to the FedMobile app.
Tap Click on Wave Credit Card banner.
Accept T&C & verify with MPIN.
Your Wave Credit Card is ready to use.
सम्पर्क करने का विवरण
1800-420-1199
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
Reward System: For every Rs. 200 you spend, you will earn 1 reward point. 1 RP = 0.25 Paisa. Effective cashback rate: 0.125%. You can also get 10% cashback on your first five UPI transactions with this card.
Milestone Benefit: If the user spends Rs.50,000 in a quarter, then he will receive 1000 bonus reward points.
No airport lounge access or travel benefits.
Limited acceptance.
Very low reward rates.
The Federal Bank Wave Credit Card is a decent option for those looking for a free, no-frills credit card for domestic transactions with a focus on utility bill payments through UPI. However, if you travel internationally frequently, require a wider range of reward redemption options, consider other cards.
Federal Bank Wave Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
उत्पाद समीक्षा
फीस एवं प्रभार
Lifetime free credit card.
Interest Rate: 41.88% (3.49% per month).
Cash Advance Charges: NIL.
Late Payment Charges: INR 100 to INR 1000.
Reward Redemption Fees: Rs. 99/- per redemption request.
Foreign Currency Mark-up Fees: 3.5%
ईंधन अधिशुक्ल
N/A
Billing Cycle
30 Days