FI Money Infinite account | 2% in UPI/Debit Card spends

[iamankit]

Does anyone upgraded to Infinite account variant by maintaining 50k? Share your practical experience on benefits like 2% cashback and their acceptable merchant transactions for those cashbacks.

Account Plans & Benefits | Fi Money

Fi Money offers 4 plans - Salary, Infinite, Plus, and Standard. Each has its own benefits, choose your plan and enjoy using Fi

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[kshitij_0]

Redeem here : https://www.gyftr.com/rewards/axisbankspendscampaign/
Not yet released for the Jan-Mar quarter

For me it's saying you are not eligible for the promotion?
I have spent more than 25k per month for 3 months in P2M category.

 

[hks789]

For me it's saying you are not eligible for the promotion?
I have spent more than 25k per month for 3 months in P2M category.

If its your first time, it will show
not eligible until your voucher is ready.
For existing users, it will show 0 balance.

 

[WhoU]

Can someone please help with a review of Fi? If there is any existing thread, can someone please help with the link?

 

[rj_arora]

so someone making payment of 2500 for 10 times in a month will get 500 Fi coins + 50 cashback per transaction , i.e. total of 5000 Fi coins and 500 cashback per month. Moreover 2% (per annum) interest on 50000 which is kept in Fi account, so practically we are losing on FD interest rate and gaining on cashback which is still better that FD rate loss.

2% (per annum) interest? WTH

 

[pprakash11]

Can you please tell if I do CC Bill payment on paytm/Mobikwik via this card, then also we'll get 2% Cashback? Or is there any category specific restriction?

I only know about ₹50 Cashback per txn restriction.

I can tell you this.
Paytm CC Bill Payment gives cashback as well as Fi Coins om Fi Debit Card. Not sure for Debit Card though.

Power Booster worth 1699 Fi Coins which gave ₹25 cashback twice, I did on paytm cc bill payment only.

Let Mobikwik only for HDFC Debit Cards 🤣

 

[Chaitanya-a]

I can tell you this.
Paytm CC Bill Payment gives cashback as well as Fi Coins om Fi Debit Card. Not sure for Debit Card though.

Power Booster worth 1699 Fi Coins which gave ₹25 cashback twice, I did on paytm cc bill payment only.

Let Mobikwik only for HDFC Debit Cards 🤣

I just did with Mobikwik 💀 worth ₹2500 coz we'll only get 50 cb. Got 20% fi coins. Should give cb as well. Let's see at the month end.

 

[Chaitanya-a]

Fi Debit card after this offer started:
"Ye kon hai jinke liye Mai Bhagwan bn gya hu" 😂

 

[Vaastav]

Is this 2% upto 500 On Both UPI and Debit Card i.e Total of 1k Or Is it combined with limit of 500 ??

 

[Chaitanya-a]

Is this 2% upto 500 On Both UPI and Debit Card i.e Total of 1k Or Is it combined with limit of 500 ??

Combined limit of ₹500 pm

 

[hellobois]

2% (per annum) interest? WTH

its 4% as told by CC agent yesterday

 

[BhaiyaJi]

@VISHESH_BANSAL plz explain more on the debit card, as per TnCs credit card bill payment is not eligible.

 

[VISHESH_BANSAL]

@VISHESH_BANSAL plz explain more on the debit card, as per TnCs credit card bill payment is not eligible.

For HDFC Platinum where it is mentioned that CC bill payment will give 1% but 1% mil raha hai na
Waise hi Entreprise Card m bhi milega if payment is done via Mobikwik only

 

[pprakash11]

For HDFC Platinum where it is mentioned that CC bill payment will give 1% but 1% mil raha hai na
Waise hi Entreprise Card m bhi milega if payment is done via Mobikwik only

Are you thing to upgrade to Enterprise?

 

[hellobois]

this was an e

If you have 50k idle for putting it in this shit account instead
Put 10k in five RBL Accounts and get Enterprise DC.
Which will give you net 4% if you use it for only 20k/Month for Credit Card bill payments on Mob***k.
Also RBL will give 4.25% per annum interest too on Savings Account Balance

this was an eye opener. I just added 10k to Fi for Plus account, ordered DC for free for some offline discount like 10% on Dmart and Judio. Pls tell me more about

 

[𝙇.𝙆. 𝐓𝐢𝕨𝐚𝐫𝚒]

No.
I am thinking to open a new RBL for getting Enterprise.

I will use signature+ and Enterprise simultaneously and will max out benefits

Can you please further elaborate this RBL account benefits.

Also what will be the MAB fot this.?
and what are the charges for enterprise and signature+ debit cards?

 

[pprakash11]

Can you please further elaborate this RBL account benefits.

Also what will be the MAB fot this.?
and what are the charges for enterprise and signature+ debit cards?

MAB will be ₹2500 for Rural Branches
& ₹5000 for Urban Branches.

Enterprise Debit Card link:

https://www.rblbank.com/convenience-banking/cards/debit-cards/enterprise-debit-card

 

[pprakash11]

No.
I am thinking to open a new RBL for getting Enterprise.

I will use signature+ and Enterprise simultaneously and will max out benefits

Oh. Okay.

 

[rj_arora]

Shitty offer. Put this money in FD instead, banks giving 7% interest now

 

[TheMentalist]

Shitty offer. Put this money in FD instead, banks giving 7% interest now

500 cb x 12 = 6000rs
7% x 50k = 3500rs
Atleast 12% FD is needed to match this

 

[Chaitanya-a]

Shitty offer. Put this money in FD instead, banks giving 7% interest now

Let's calculate on ₹50,000 principal with 7% FD rate and 3% Savings rate.

After 1 year difference would be of 4% i.e. you're losing ₹2000 if this money kept in Fi Savings account.

Whereas with this offer you're getting ₹500pm cashback on UPI & DC spends. After 1 year, you're getting ₹6000 Cashback.

Overall gain: ₹4000

And this is when I'm not considering 20% & 10% Fi coins on DC & UPI spends respectively.

Kuch cut krke iska half (2000) bhi aaye to b gain hi hai