Federal Bank Wave Rupay Virtual Credit Card Launched

[alanabraham]

Federal Bank launched Wave Rupay Virtual Credit Card for UPI transactions. It will act as a floater card linked to Primary card by sharing tue limit of Primary Card.

0 JF & AF
Virtual Floater Card
Shared Limit
UPI
No physical card will be sent.

NB:- In testing phase, public roll out not began yet. Those who have core cards may soon get preapproved link to apply.


On a side note, this may shows the change in bank's policy of one card per customer. Hope those who have Federal core card can take co-branded cards in future and vice versa.

 

[theflash]

Does Federal upgrade credit card based on manual requests?

I have a limit of 2.99L with Signet, called them to upgrade to celesta the agent took a service request on 23rd Sept (as per his confirmation on call no intimation received till now regarding SR).

 

[MOhit __]

Does Federal upgrade credit card based on manual requests?

I have a limit of 2.99L with Signet, called them to upgrade to celesta the agent took a service request on 23rd Sept (as per his confirmation on call no intimation received till now regarding SR).

Federal is extremely slow. Wait a few days.

 

[althafvly]

Does Federal upgrade credit card based on manual requests?

I have a limit of 2.99L with Signet, called them to upgrade to celesta the agent took a service request on 23rd Sept (as per his confirmation on call no intimation received till now regarding SR).

No they don't. I asked them before.

 

[Ram1]

I have received this card. I am already an existing user of federal Bank credit card.

I got this card, but unsure what are its features.

This card also reflecting in cibil?

Having Celesta. Got the Wave banner and card instantly generated. Thank you!

 

[Ram1]

I got the federal wave the very next day after getting Celesta Card approval (physical delivery is still pending).

Friday: Federal Celesta was approved and could see it on the Fed Mobile app

Saturday: Applied for Wave Card and got it instantly.

2 federal cards showing in cibil?

 

[BeingIncogBeingIncog is verified member.]

This card also reflecting in cibil?

2 federal cards showing in cibil?

Nope only one

 

[pprakash11]

2 federal cards showing in cibil?

Nope only one

It will show one day.
For mine, in CIBIL two accounts are there!

 

[Ram1]

Nope only one

Great, can you recheck pls

It will show one day.
For mine, in CIBIL two accounts are there!

Yeah this is concerning problem. It will increases overall limit in cibil. Causes overleverege problem

 

[Akshay Ajmera]

It will show one day.
For mine, in CIBIL two accounts are there!

Even for me, there are 2

 

[BeingIncogBeingIncog is verified member.]

Even for me, there are 2

oh demn this might be new. account details corresponding to wave applied details?

 

[theflash]

Nope only one

Same for me

 

[dvader]

I have the Virtual RuPay card for more than a year now and there is just one entry in my CIBIL report.

 

[drsel]

What is the big deal in this federal wave rupay card?
how is the better than Yes kiwi card?

 

[Ram1]

Even for me, there are 2

I have the Virtual RuPay card for more than a year now and there is just one entry in my CIBIL report.

Same for me

Omg why its different for different people

 

[theflash]

I have the Virtual RuPay card for more than a year now and there is just one entry in my CIBIL report.

That seems to be impossible afaik because it was launched in May if I'm not wrong...

Btw I took it at lauch too....

 

[theflash]

What is the big deal in this federal wave rupay card?
how is the better than Yes kiwi card?

It is not....

 

[Abhishek012]

What is the big deal in this federal wave rupay card?
how is the better than Yes kiwi card?

Offer bro offer.

Some people want extra card for ecom discount offers.

 

[Ram1]

Offer bro offer.

Some people want extra card for ecom discount offers.

These guy truly know people's intentions 🤣🤣🤣

 

[Ram1]

What is the big deal in this federal wave rupay card?
how is the better than Yes kiwi card?

Offer bro offer.

Some people want extra card for ecom discount offers.

Yup since federal not providing add ons to non federal acc holders.
This additional ltf card helps to avail bank offers twice. Federal has been appearing in many bank offers in amazon, fk, myntra, ajio

 

[dvader]

That seems to be impossible afaik because it was launched in May if I'm not wrong...

Btw I took it at lauch too....

You are correct, The first statement I can see is from May 2024. I thought I got it in 2023. But yeah Just one entry in CIBIL after all these months