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.

 

[Rahul Gupta]

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?

You need to have a bank account with federal in order to get fed cc.

 

[alanabraham]

You need to have a bank account with federal in order to get fed cc.

Not really. NTB can get as well.

 

[alanabraham]

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?

Number of Credit enquiries is also taken consideration.

 

[stoptomove]

Just activated. Collecting cards just for satisfaction. Upi linkung showing two cards of same number both selected by default. May be because it gave error when i first clicked apply then clicking second time card generated

 

[unkemptdreamer]

Got mine too just now

 

[Sathishmani]

Thank you. I got the offer and activated

 

[Krishna Kumar]

Just activated. Collecting cards just for satisfaction. Upi linkung showing two cards of same number both selected by default. May be because it gave error when i first clicked apply then clicking second time card generated

For me also it is showing two cards on Gpay. Not able to link to UPI still.

 

[gowthamselvam]

Holding Celesta and not showing yet on the CC section of Fedbank app yet for me

I have got the card instantly

 

[gowthamselvam]

Thank you @alanabraham ! Got it instantly.

 

[unkemptdreamer]

For me also it is showing two cards on Gpay. Not able to link to UPI still.

Showed 2 cards for me as well but I was able to link it successfully.

 

[Akshay Ajmera]

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.

What's the meaning of virtual floater card

 

[ccgeek07]

what's the use of this card if you already have a Federal Bank CC?

 

[Akshay Ajmera]

what's the use of this card if you already have a Federal Bank CC?

Federal card are of no use compared to cards in market.
Rupay card s UPI toa karr lenge hum m s kuch log

 

[Recon]

Number of Credit enquiries is also taken consideration.

Till how much months back or past enquiries is taken into consideration?

 

[alanabraham]

What's the meaning of virtual floater card

Sharing limit with primary card. If primary card relationship closes, this card will Also get deactivated.

 

[alanabraham]

Till how much months back or past enquiries is taken into consideration?

6 months AFAIK

 

[pradeepG]

6 months AFAIK

max how many number of enquiries can get approval?

 

[Strange]

If you have set UPI PIN for Fi, Jupiter, or any other Federal Bank account, then use the same UPI PIN to do transactions through this Federal RuPay credit card.

Federal Bank sets the same UPI PIN for all your Federal Bank accounts.

 

[pradeepG]

If you have set UPI PIN for Fi, Jupiter, or any other Federal Bank account, then use the same UPI PIN to do transactions through this Federal RuPay credit card.

Federal Bank sets the same UPI PIN for all your Federal Bank accounts.

That's Strange, Strange.

 

[aries]

Will this card be reported in CIBIL as separate card with limit? Or will it be only existing Fed CC as usual?