RuPay Platinum Credit Card
Rs 0Annual fee
0Domestic lounge
3.5%Forex markup
Best for
Rupay, UPI, Lifetime Free, Rewards, Fuel
Top rewards
UPI Spends: 2 Reward Points / ₹150 spent; Other Eligible Spends: 2 Reward Points / ₹150 spent
Wave RuPay Credit Card
Rs 0Annual fee
0Domestic lounge
3.5%Forex markup
Best for
UPI, Rupay, Lifetime Free
Top rewards
UPI Spends: 1 Reward Point / ₹200 spent; All Other Retail Spends: 1 Reward Point / ₹200 spent; Insurance Premium Spends: 1 Reward Point / ₹200 spent (capped at 250 points per month)
| Feature | RuPay Platinum Credit Card | Wave RuPay Credit Card |
|---|---|---|
| Issuer | HSBC Bank | Federal Bank |
| Network | RuPay | RuPay |
| Joining fee | Rs 0 | Rs 0 |
| Annual fee | Rs 0 | Rs 0 |
| Reward type | Reward Points | Reward Points |
| Best for | Rupay, UPI, Lifetime Free, Rewards, Fuel | UPI, Rupay, Lifetime Free |
| Top reward categories | UPI Spends: 2 Reward Points / ₹150 spent; Other Eligible Spends: 2 Reward Points / ₹150 spent | UPI Spends: 1 Reward Point / ₹200 spent; All Other Retail Spends: 1 Reward Point / ₹200 spent; Insurance Premium Spends: 1 Reward Point / ₹200 spent (capped at 250 points per month) |
| SmartBuy / accelerated caps | Not Listed | Not Listed |
| Domestic lounge | 0 | 0 |
| International lounge | 0 | 0 |
| Forex markup | 3.5% | 3.5% |
| Milestone benefits | Not Listed | Not Listed |
| Redemption | Air miles: upto ₹ 0.5 per point | Statement credit: upto ₹ 0.25 per point |
| Key exclusions | Fuel transactions, Rent payments, Wallet loading transactions, Educational spends, Government-related transactions, Insurance premium payments | Fuel transactions, Cash advance transactions, Rent payments, Wallet loading transactions, EMI transactions, Government transactions |