Federal Bank RuPay Wave Credit Card: Features & Apply

Summary

The Federal Bank RuPay Wave Credit Card is a contact card that offers you a quick, secure, and rewarding payment experience. You can make easy payments using the tap-and-pay feature without keying in the PIN for amounts up to ₹5,000.

This Credit card provides rewarding reward points, where you earn 2 reward points for each ₹100 shopping, dining, and travel. You are also entitled to a waiver of 1% fuel surcharge when you spend on petrol between ₹400 and ₹4,000, reducing your cost of fuel expenditure.

One of the greatest benefits of this card is exclusive RuPay offers and cashback on platforms like Amazon, Flipkart, Myntra, Swiggy and Zomato. Accidental insurance of up to ₹2 lakh is also offered by the card for financial security in the event of any untoward mishap.

For big buys, the card offers convenient EMI facility to enable you to pay for heavy purchases in easy monthly instalments. The Federal Bank RuPay Wave Credit Card also functions at home and overseas and offers a convenient mode of payment wherever you may be.

Introduction

In the present age, it’s not merely a matter of shopping with a credit card; it’s a matter of convenience, security, and rewards. Such a card which provides an uninterrupted and rewarding experience is the Federal Bank RuPay Wave Credit Card. Specifically for today’s user, this credit card is associated with various benefits, such as contactless payment, rewarding benefits, and special offers.

Whether you shop online, eat at your favorite restaurant, or purchase travel tickets, this credit card guarantees you get excellent offers and convenient transactions. As it is RuPay-powered, it can be used anywhere in India and has additional benefits such as cashback, discounts, and insurance coverage. Also, the Federal Bank provides secure transactions, so it is a risk-free option for customers.

It is easy to apply for the Federal Bank RuPay Wave Credit Card and can be done online or by visiting the branch nearest to you.With a minimal documentation process and quick approval, you can start using your card without hesitation. If you are looking for a credit card that is rewarding, convenient, and secure, this card could be the best one for you. 

In this article, we will talk about its key features, benefits, eligibility criteria, and how to apply for it simply.

What is the Federal Bank RuPay Wave Credit Card?

Federal Bank RuPay Wave Credit Card is a contactless card where you can shop securely and with ease. Federal Bank issues this card and it runs on RuPay, which is India’s own payment network. It’s for individuals seeking comfort while shopping, eating, traveling, or browsing online.

With this card, you can tap and pay for shopping at stores without entering your PIN for small-value purchases, enabling you to pay quickly and easily. It also offers exciting cashback, rewards, offers, and insurance benefits. And being a RuPay card, you get special deals on Indian brands, online shopping portals, and government schemes.

What is the design of the Federal Bank RuPay Wave Credit Card?

Federal Bank RuPay Wave Credit Card is stylish and trendy in look and comes across as professional and elegant. The card displays the Federal Bank logo on the front side and the RuPay logo, symbolizing that it is a part of India’s secure payment system.

One of its most significant design features is the contactless payment symbol, which allows you to make quick and secure payments by tapping the card against a machine. The card also has an EMV chip for extra security, so transactions are safe from fraud.

What are the benefits of the Federal Bank RuPay Wave Credit Card?

These are the major advantages, along with reward points in real life:

1. Contactless Payments

• Make payments through your phone or card at retailers without a PIN of up to ₹5,000.

• Safer and quicker payments.

2. Reward Points on Every Spend

• 2 reward points for every ₹100 spent on dining, shopping, and travel.

• Additional reward points for payment of bills and online shopping.

3. Fuel Surcharge Waiver

• Get a 1% fuel surcharge waiver at fuel pumps all over India.

• Eligible on transactions between ₹400 to ₹4,000.

4. RuPay Exclusive Benefits

• Cashback and offers on websites such as Amazon, Flipkart, Swiggy, Zomato, and Myntra.

• Off on hotel reservations and travel websites.

5. Insurance Cover

• Free accidental cover of up to ₹2 lakh.

• Extra protection from fraud transactions.

6. Easy EMI Facility

• Make large purchases small EMIs.

• Available for online and offline transactions.

7. Global Acceptance

• Use the card at millions of merchants in India and overseas.

What are the fees for the Federal Bank RuPay Wave Credit Card?

Here is a simple Federal RuPay Wave Credit Card fee breakup.

Joining Fee	Nil
Annual Fee	Nil
Add-on Card Fee	There are no charges for additional cards for family members.
Finance Charges	If you don’t pay your bill in full, a 3.5% per month (42% annually) charge on the outstanding balance.
Cash Advance Fee	3.5% of the amount withdrawn or ₹300, whichever is higher.
Late Payment Fee	For Statement Balance Less than Rs. 101 – Nil Rs. 101 – Rs. 500 – Rs. 150 Rs. 501 – Rs. 5,000 – Rs. 500 Rs. 5,001 – Rs. 20,000 – Rs. 750 Rs. 20,000 & above – Rs. 1,000

What are the criteria for getting a Federal Bank RuPay Wave Credit Card?

1. Age Requirement:

• You should be between 18 to 65 years of age.

2. Income Requirement:

• You must have a stable monthly income (The exact amount may vary based on Standard Chartered’s policy).

3. Employment Status:

• You should have a regular job or business with a fixed income source.

4. Credit Score:

• A CIBIL score of 700 and above is preferred for sanction.

5. Residency:

• You should be an Indian resident and have a valid address proof.

What documents are required to get a Federal Bank RuPay Wave Credit Card?

The documents that you will have to submit to Get a Federal RuPay Wave Credit Card are as below:

Identity Proof	Aadhaar card, Passport, Voter ID, Driving license, PAN card
Address Proof	Utility bills like electricity, water, etcRent agreement, Bank statement, or passbook with your address
Income Proof	Salary slip for the last 3 months if you are a salaried employee Bank statement for the last 3 months ITR for self-employed persons
Photograph	The latest passport-sized photograph

Where can the Federal Bank RuPay Wave Credit Card be used?

Here is the list of places where you can use it:

• With the Federal Bank RuPay Wave Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.

• You can also use it on websites like Amazon, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.

• You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.

• You can use it to book flight, train, or bus tickets, as well as to pay for taxi, Uber, Ola, or hotel bookings.

• You can use your credit card to pay electricity and water bills, mobile bills, and internet services.

• You can use your Federal RuPay Wave Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).

• The  Federal RuPay Wave Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.

What is the credit limit of the Federal Bank RuPay Wave Credit Card?

The credit limit of the Federal Bank RuPay Wave Credit Card will rely on your income, credit score, and banking relationship. Subject to eligibility, this is a high-end credit card, typically ranging from ₹5 lakh to ₹25 lakh or more.

If you hold a Priority Banking account, you may be extended a higher credit limit. You are also allowed by the bank to request a limit upgrade based on your spending and repayment record. To ascertain your actual limit, you may call Federal Bank once you have made your application.

How do you apply for a Federal Bank RuPay Wave Credit Card?

Apply it through both these modes: 

Online Application Process

• Visit the official website of Federal Bank, i.e. 

• Go to ‘Cards’, followed by ‘Credit Cards’.

• On that page, you can see numerous options for credit cards issued by Federal Bank; for instance, you can choose the Federal RuPay Wave Credit Card.

• Just hover your cursor on the Federal RuPay Wave Credit Card, followed by selecting ‘Apply Now‘ from there.

• You will be asked to fill out your details, including your name, contact information, income details, and employment status.

• Be accurate and updated with the information provided.

• You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.

• After filling out the details and uploading the documents, review your application to make sure everything is correct.

• Apply online through the application form.

• The bank will check your application after you submit it. They can ask for extra documents or information if required.

• You will be informed about the status of your application, and if approved, your card will be delivered to you.

Offline Application Process

• You can walk into the nearest Federal Bank branch to apply for the Federal RuPay Wave Credit Card.

• Request for the credit card application form for the Federal RuPay Wave Credit Card. They will provide you with the form and proceed accordingly.

• Fill in the details in the application form wherever it is required. Care should be taken that all the information about personal details, income, and jobs provided by the applicant should be correct.

• Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and a passport.

• Your application will be processed, and your information will be cross-checked at the bank level.

• In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.

• You will receive the Federal RuPay Wave Credit Card by post at the same postal address.

• Once you receive your card, you need to activate it by following the instructions given in the envelope, either through the Federal Bank Card website or mobile app or by calling customer service.

• For security purposes, you must set your PIN (Personal Identification Number) before you can start using your credit card.

Would getting a Federal Bank RuPay Wave Credit Card in 2025 be right?

Yes, getting a Federal Bank RuPay Wave Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility. 

Federal Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and have good credit, it might be a very good option in 2025.

Conclusion

The Federal Bank RuPay Wave Credit Card is a great option for a person who wants to have a hassle-free, secure, and rewarding credit card experience. With its contactless payment feature, you can easily pay bills quickly without swiping or entering a PIN for small transactions. This simplifies shopping, dining out, and travel payments to be quicker and easier.

Another of the card’s strongest benefits is the reward points program. Each time you use this card to make a purchase, you earn points which can be exchanged to acquire many benefits. Shopping online, paying bills, or dining out at restaurants, you get to have nice rewards. Added to this, the fuel surcharge waiver saves you on petrol charges.

Since the card is RuPay-enabled, you enjoy exclusive discounts and cashback offers on major websites like Amazon, Flipkart, Myntra, Swiggy, and Zomato. And RuPay cards are accepted anywhere in India, which makes it an ideal choice for both online and offline purchases.

Frequently Asked Questions (FAQ’s)