• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

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

Apply For Lifetime Free IDFC First Credit Card
Sort by date Sort by votes
Do u people think the debit card offer and UPI offer for coins are worth?

999 coins for getting flat 15 two times using DC
Same way 149 and 249 coins for Upi offer with minimum 2 and 3 rs correspondingly
 
Upvote 0 Downvote
BhaiyaJi said:
yes received yesterday morning
Click to expand...
I was on the infinite plan and had spent as per the caping given by them. However, I was only able to maintain a balance of 50k at the end of the month. As a result, they transferred me to the prime plan, but I didn’t receive a single Fi coin. Is there any way to contact them directly, not through the chat bot?
 
Upvote 0 Downvote
Guys can someone help me convert my physical debit card to virtual as i want to move out all my funds and convert this into zero MAB standard account with no charges..
 
Upvote 0 Downvote
iamdhamo said:
inc42.com

After Raising $137 Mn, Neobank Fi Money Battles Existential Crisis

Once seen as a promising digital banking player, Fi Money now faces a weakening runway, product cutbacks, and an uncertain future
inc42.com

Is it time to close fi account?
Click to expand...
No. In March they had 10 months of runway. So, they would atleast continue operating till Jan26.

Secondly, the money is with Federal Bank so it's safe. Fi is just a front end for them.

As far as they are offering 3% cashback, we should continue using it. Although it's the same reason they face risk of winding up but who cares.
 
Upvote 0 Downvote
Fi Cashback is 2.4% now as 50000 Fi coins=4000 Fi points

That's because "Convert to cash" option lists 25000 Fi points=₹5000, NOT 24000 Fi points. 4000 Fi points can be earned max each month due to capping, in 6 months 24000 Fi points)

Daily max is 400 Fi points, which they FALSELY claim in new updated T&C is worth ₹100, it's actually ₹80. Since 25000 Fi points give ₹5K, 1 Fi point=₹0.20

If 400 Fi points were worth ₹100 as they claim, 4000 Fi points would be worth ₹1000 and 24000 would be worth ₹6000 (1 Fi point=₹0.25) which is not the case.

To earn the extra 1000 Fi points, additional spends of ₹8335 are required in the 7th month.

So 3% of 2,08,335 = ₹5000.04 which is what we are getting

I suggest everyone complain straightaway to RBI ombudsman after 30 days of initial complaint with Fi, after taking screenshots of FALSE calculations and FRAUD

This company is going down
 
Upvote 0 Downvote
You must log in or register to reply here.

Similar threads

pankaj_ji
  • Question Question
Fi Salary and Fi Infinite accounts giving 2% Cashback on UPI and Debit Card spends on P2M (person to merchant)
Replies
39
Views
8K
beast_boy
beast_boy
Back
Top