Recently Federal Bank - Fi Money and Jupiter also increased their Chares and the worst part is they are also charging for the Closure of Accounts and also ICICI increased. Bad LUCK
Do not believe in Fi, They are just tech Backend is Federal even last time they promised that Fi Debit Card is free LTF for People who opened their accounts in 2021 but in Jan 2024 they started debiting because Federal Bank increased there Charges on Debit Card. So,Fi is just the Front Face but...
Summary: Federal Bank & Fi Money customers will experience increased service charges from June 1st, 2024. This affects Virtual & Physical Debit Card issuance, account closure, and AMB requirements.
Article: In an email, Federal Bank notified customers of changes in service charges for Federal...