{
  "id": "federal-rupay-wave-credit-card",
  "locale": "hinglish",
  "name": "Federal RuPay Wave Credit Card",
  "bank": "Federal Bank",
  "cardType": "cashback",
  "cardTier": "entry",
  "annualFee": "₹0 (Lifetime Free)",
  "loungeAccess": "No lounge access",
  "rewardsRate": "10% Cashback on First 3 UPI Transactions · 1 Reward Point / ₹100 spent · 1% Fuel Surcharge Waiver",
  "bestFor": "Everyday merchant UPI payments, Google Pay & PhonePe QR scanning aur zero-fee banking",
  "officialLink": "https://www.federal.bank.in/rupay-wave-credit-card",
  "aiVerdict": {
    "score": 4.1,
    "summary": "Its modest reward rate and lifetime-free pricing offset the lack of lounge access.",
    "tradeOffs": [
      "Modest reward rate relative to the market's best cashback cards",
      "No extracted lounge benefit"
    ],
    "confidence": 1
  },
  "rewardRatePercent": 0.25,
  "affiliateId": "federal-rupay-wave-credit-card",
  "dataQuality": "PARTIAL",
  "legacyDataQuality": "LIVE_VERIFIED",
  "evidence": {
    "version": 4,
    "asOf": "2026-10-16",
    "dataQuality": "PARTIAL",
    "verifiedAt": null,
    "unresolvedItems": [
      "fees.joining",
      "fees.annual",
      "fees.taxes",
      "fees.waiver",
      "fees.waiverEligibleSpend",
      "fees.waiverExclusions",
      "rewards.base",
      "rewards.accelerated",
      "rewards.channels",
      "rewards.caps",
      "rewards.capPeriods",
      "rewards.sharedLimits",
      "rewards.exclusions",
      "lounge.domestic",
      "lounge.international",
      "lounge.qualifyingSpend",
      "lounge.qualifyingPeriod",
      "lounge.guests",
      "lounge.issuerNetwork",
      "redemption.value",
      "redemption.minimum",
      "redemption.charges",
      "redemption.expiry",
      "redemption.transfers",
      "redemption.restrictions",
      "eligibility",
      "availability",
      "effectiveDates"
    ],
    "calculation": {
      "status": "unavailable",
      "reason": "Claim-level evidence review incomplete"
    }
  },
  "sources": [
    "Federal Bank — Federal RuPay Wave Credit Card official schedule of charges and MITC",
    "National Payments Corporation of India (NPCI) — RuPay Credit on UPI terms & Federal Wave cashback policy"
  ],
  "feeWaiver": "Lifetime Free with zero joining or annual maintenance charges",
  "networks": [
    "RuPay"
  ],
  "quickFacts": [
    {
      "key": "Annual Fee",
      "value": "₹0 (100% Lifetime Free)"
    },
    {
      "key": "UPI Payments",
      "value": "Google Pay, PhonePe, Paytm, BHIM se link karein"
    },
    {
      "key": "Welcome Cashback",
      "value": "First 3 merchant UPI transactions par 10% cashback"
    },
    {
      "key": "Base Reward Rate",
      "value": "1 Reward Point / ₹100 spent"
    },
    {
      "key": "Card Type",
      "value": "Virtual + Optional Physical RuPay Credit Card"
    },
    {
      "key": "Fuel Surcharge",
      "value": "₹400 se ₹5,000 par 1% waiver"
    }
  ],
  "earnRates": [
    {
      "category": "UPI Merchant QR Scan & Pay Spends",
      "rate": "1 Point / ₹100 (0.25% return)",
      "monthlyCap": "Uncapped",
      "perLakhSpent": "1,000 Points (~₹250 value)"
    },
    {
      "category": "Online & Offline Retail Transactions",
      "rate": "1 Point / ₹100 (0.25% return)",
      "monthlyCap": "Uncapped",
      "perLakhSpent": "1,000 Points (~₹250 value)"
    },
    {
      "category": "Fuel Purchases",
      "rate": "0%",
      "monthlyCap": "Excluded",
      "perLakhSpent": "0 Points"
    }
  ],
  "hasAccelerated": true,
  "acceleratedEarn": [
    {
      "channel": "Initial 3 UPI Transactions",
      "multiplier": "10% Cashback",
      "rate": "10% Cashback",
      "monthlyCap": "Max ₹250 welcome bonus",
      "dailyCap": "—",
      "note": "Card activation ke 30 din ke andar first 3 merchant UPI transactions par."
    },
    {
      "channel": "All Other Spends",
      "multiplier": "1×",
      "rate": "1 Point / ₹100",
      "monthlyCap": "Uncapped",
      "dailyCap": "—",
      "note": "Online shopping aur offline swipes par 1 point per ₹100."
    }
  ],
  "redemptionRoutes": [
    {
      "route": "Statement Cash Credit",
      "value": "₹0.25 / Reward Point",
      "minPoints": "500 pts",
      "ceiling": "None",
      "fee": "Nil",
      "isBest": true
    },
    {
      "route": "FedRewards Brand Vouchers",
      "value": "₹0.20 to ₹0.25 / Reward Point",
      "minPoints": "1,000 pts",
      "ceiling": "None",
      "fee": "Nil",
      "isBest": false
    }
  ],
  "exclusions": [
    "Person-to-person (P2P) UPI money transfers.",
    "ATM cash withdrawals aur digital wallet loads."
  ],
  "feesDetail": [
    {
      "item": "Joining Fee",
      "value": "₹0 (100% Lifetime Free)",
      "warn": false
    },
    {
      "item": "Annual Renewal Fee",
      "value": "₹0 (Lifetime Free)",
      "warn": false
    },
    {
      "item": "Finance Charges (Interest Rate)",
      "value": "3.49% per month (41.88% per annum)",
      "warn": false
    },
    {
      "item": "Foreign Currency Markup",
      "value": "3.50% + GST",
      "warn": true
    },
    {
      "item": "Fuel Surcharge Waiver",
      "value": "₹400 se ₹5,00,0 ke transactions par 1% waiver (Max ₹150/month)",
      "warn": false
    }
  ],
  "eligibilityDetail": [
    {
      "criteria": "Age Requirement",
      "requirement": "18 se 65 saal"
    },
    {
      "criteria": "Minimum Monthly Income",
      "requirement": "₹20,000+ per month (Salaried) ya ₹3L+ ITR (Self-Employed)"
    },
    {
      "criteria": "Credit Score (CIBIL)",
      "requirement": "700+ recommended for smooth approval"
    }
  ],
  "timelineEvents": [],
  "pointsValuation": null
}