Federal Bank RuPay Wave Credit Card: fees, rewards & benefits

Rewards, as stated by the issuer

Unlock 10% cashback on your first 5 UPI transactions made within the first 30 days of card issuance (upto Rs. 200/-). This means you will get a portion of your spending back, making your purchases even more rewarding.
Reward Points
For every Rs. 200 you spend, you will earn 1 reward point. These points can be accumulated and redeemed for exciting benefits, effectively giving you more value for your money.
Milestone Benefit
Achieve quarterly spending milestones and be rewarded with bonus reward points. When you spend Rs.50,000 in a quarter, you will receive 1000 bonus reward points, boosting your points balance significantly.
Cashback Rewards: Earn 10% cashback on your first five UPI transactions, making your initial spending even more rewarding.
Reward Points: For every Rs. 200 spent, you'll receive 1 reward point, which can be redeemed for exciting offers.
Milestone Bonuses: Achieve quarterly spending milestones of Rs.50,000 and be rewarded with 1000 bonus reward points.

Your lifetime-free RuPay Wave Credit Card opens doors to unlimited spending power through UPI. With just a scan and pay, you can unlock:
The RuPay Wave Credit Card is exclusively available through the FedMobile app in two simple steps. Existing Visa or MasterCard Credit Cardholders can apply, and the card enables UPI transactions in the RuPay network, offering a unique and convenient payment experience.

None listed.

Milestone Benefit
Achieve quarterly spending milestones and be rewarded with bonus reward points. When you spend Rs.50,000 in a quarter, you will receive 1000 bonus reward points, boosting your points balance significantly.
Milestone Bonuses: Achieve quarterly spending milestones of Rs.50,000 and be rewarded with 1000 bonus reward points.

No airport lounge rule is listed on this card's page.