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Fi Prime Account Devalued

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
 
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