Fi accounts getting revamped

[SnowLucifer]

From 1st of march fi is making some changes in accounts and adding a new account variant. Fi coins are getting discontinued sadly but now we can earn 1000 rs per month. What do you think about the changes?

 

[supermohit]

Where did you get all this details ?

 

[SnowLucifer]

Where did you get all this details ?

Got it from email.

 

[Beyond]

Beware of their partner bank ie Federal Read past experiences of users...

 

[SnowLucifer]

Beware of their partner bank ie Federal Read past experiences of users...

i have earned approximately 20k cashback. No complain from me 😆 😆 😆

 

[Anupama_Jha]

i have earned approximately 20k cashback. No complain from me 😆 😆 😆

One day suddenly u will receive a sms containing "Dear customer debit restrictions has been applied on account no ending XYZ as per LEA instructions. Pls call customer care for info."

and that time ur account bal must be 40k

 

[BhaiyaJi]

Cashback badha diya to badiya hai

 

[SnowLucifer]

One day suddenly u will receive a sms containing "Dear customer debit restrictions has been applied on account no ending XYZ as per LEA instructions. Pls call customer care for info."

and that time ur account bal must be 40k

Already two times freezed 😂 😂. Just said all transaction are legit you can check so they unblocked.

 

[SureShot]

did anyone other than OP got this mail? I didn't receive yet, just checking!

 

[drvenkat]

i did not get any email.fi account is my main account

 

[crazyuploader]

Meanwhile I got this, tsk!

 

[crazyuploader]

And here I am having few Mutual Funds through them

 

[BhaiyaJi]

And here I am having few Mutual Funds through them

You need not to worry about your mutual funds. As they don't / get to keep you units. Its with either CAMS / KFinTech. So you can use any other platform import your all mutual funds and start investing from there.

 

[SureShot]

Meanwhile I got this, tsk!
View attachment 83151

Looks like your salary program is downgraded due to their new changes wheras the OP’s current plan is standard.

Don’t think there will be any changes to the existing infinite and prime users, let’s wait and see.

 

[sarcasm99]

I am already having federal Bank account opened by ind money for trading in US stocks ... Is there any benefits of fi account ? I saw an ad and clicked on apply now getting these options ...only benefit for me can be Zero forex card

 

[anonymuos]

So if we upgrade to Prime (3% cashback), and cashback per txn is still capped at ₹30 and max. 3 txns per day, then it means we've to pay ₹1000 x 33 times in a month to get ₹1000 cashback. 3 txn per day so 11 days we have to make payment. 🥵 Is that right?

 

[Half Human]

So if we upgrade to Prime (3% cashback), and cashback per txn is still capped at ₹30 and max. 3 txns per day, then it means we've to pay ₹1000 x 33 times in a month to get ₹1000 cashback. 3 txn per day so 11 days we have to make payment. 🥵 Is that right?

Is it shown that max cap per txn on cb is 30rs? Couldnt see that

 

[BhaiyaJi]

So if we upgrade to Prime (3% cashback), and cashback per txn is still capped at ₹30 and max. 3 txns per day, then it means we've to pay ₹1000 x 33 times in a month to get ₹1000 cashback. 3 txn per day so 11 days we have to make payment. 🥵 Is that right?

100% right ....

 

[anonymuos]

Is it shown that max cap per txn on cb is 30rs? Couldnt see that

In Fi app's abominable UI insult/joke, click the F button/icon on the top right (the middle one) between the card button/icon and the bell icon. Then tap Earn more rewards. It will take you to a page that lists all the offers where one of them will be "Earn cashback on UPI via Fi and Fi-Federal Debit", where it says up to ₹30 per spend. Tap it for detailed Terms and Conditions. Note that the Fi jerks randomly can change it any time or reduce it as they have done several times in 2024. First there was no cap, then ₹50, now ₹30. No 30-day notice either for bank accounts unlike credit cards where RBI has mandated 30-day advance notice. So you can go to sleep one day and find Fi's T&C/offers silently/secretly changed next day.

 

[SnowLucifer]

So if we upgrade to Prime (3% cashback), and cashback per txn is still capped at ₹30 and max. 3 txns per day, then it means we've to pay ₹1000 x 33 times in a month to get ₹1000 cashback. 3 txn per day so 11 days we have to make payment. 🥵 Is that right?

i am doing 1k transaction 3 times and 333 rs 1 time per day. Max 100 rs acheived