• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Federal Bank Wave Rupay Virtual Credit Card Launched

alanabraham

TF Premier
VIP Lounge
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.
 

Attachments

  • Screenshot_20240515-091829.png
    Screenshot_20240515-091829.png
    77.6 KB · Views: 442
  • Screenshot_20240515-091623.png
    Screenshot_20240515-091623.png
    44.4 KB · Views: 433
  • Screenshot_20240515-091917.png
    Screenshot_20240515-091917.png
    55.2 KB · Views: 405
  • Screenshot_20240515-091843.png
    Screenshot_20240515-091843.png
    58.2 KB · Views: 428
It showed "10% cashback for first 5 transactions" in the offer banner. Yet to get full details.
They've confirmed on call as well. But they're not saying if there is any capping or restrictions.. not able to understand what to do. Also they say the cb will be instant or posted within 24hrs... Thinking to do 1 Txn to find out how it works..
 
They've confirmed on call as well. But they're not saying if there is any capping or restrictions.. not able to understand what to do. Also they say the cb will be instant or posted within 24hrs... Thinking to do 1 Txn to find out how it works..
Let the dust settle down.
They will update their website.
 
I am from bangalore , and also I have home in Mumbai and kolkata.
I tried applying Federal bank cards using 3 different mobile and emails, but never got approved.

Ps: I have 20 other cards from different banks and not a single late payment till date.

Any idea why it is getting rejected?
 
Back
Top