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

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[TheMentalist]

Damn it.

Paid CC bill one shot and got Rs. 50 only. But still better since I earned 2% on other DC & UPI transactions. Will go for the kill in May

Which other DC & UPI tnx

 

[hellobois]

2L- Prime account

That too the txn should be above ₹750 to be eligible for 5%Cashback

very high mab.

 

[Chaitanya-a]

very high mab.

Yeah. But according to @VijayflyRaven , after 1 month we can downgrade the account to 25k MAB. Card would remain same till expiry unless lost.

 

[hellobois]

Yeah. But according to @VijayflyRaven , after 1 month we can downgrade the account to 25k MAB. Card would remain same till expiry unless lost.

i closed my 9 yr old account last month .....

 

[Chaitanya-a]

i closed my 9 yr old account last month .....

No worries. Fi is enough. We don't have to think about non maintenance charges here with almost same or even better benefits.

 

[DarkKnight]

Yep it seems they r processing cashback for all infinite holders!! I got it today !! Dunno how it works!! will have to calculate all the DC as well as UPI spends of the month!!

 

[VijayflyRaven]

Fi has risk of neo bank. SC does not have that risk. Also SC may not withdraw the benefit as easily as Fi.

 

[Avid_snake]

Got for cc bill payment.

Sweet spots:
1. Do 2500 * 10 to get 500 cashback and 10000 fi points, since this is the cap for infinite account.
2. Use cheq for extra 0.5%

How to pay CC bill through Fi Card. Using Mobikwik or is option in Fi App itself. Is physical debit card needed or can be done through the virtual card itself?

 

[xxScriptzxx]

How to pay CC bill through Fi Card. Using Mobikwik or is option in Fi App itself. Is physical debit card needed or can be done through the virtual card itself?

#2 in my thread, i used cheq. But you should get for mobikwik too. You can see virtual card details on app

 

[hellobois]

Fi has risk of neo bank. SC does not have that risk. Also SC may not withdraw the benefit as easily as Fi.

the only limit with SC and Fi is 500 cashback per month. Other banks like HDFC are providing 750+

 

[VISHESH_BANSAL]

For other banks you need to spend money like paying credit card bill. You cannot get that money back. Please understand that here you don’t spend any cash and get 6k per year. You get 500 per month for transferring money to your bank or wallet.

Then instead open two Savings Max with 25k each.
You will get 800/Month with two Millennia DC every month for wallet load.

Plus Smartbuy 5% upto 1000 for Smartbuy txns is seperate.

 

[VISHESH_BANSAL]

the only limit with SC and Fi is 500 cashback per month. Other banks like HDFC are providing 750+

HDFC 750 will give Cashback only for selected MCC.

Only Utility MCC gives 1% in HDFC EasyShop Visa Platinum .

Other selected MCC give 0.5%.

 

[VijayflyRaven]

Then instead open two Savings Max with 25k each.
You will get 800/Month with two Millennia DC every month for wallet load.

Plus Smartbuy 5% upto 1000 for Smartbuy txns is seperate.

Yes. These are not mutually exclusive. We can take them apart from what we have.

 

[VijayflyRaven]

No worries. Fi is enough. We don't have to think about non maintenance charges here with almost same or even better benefits.

Some food for thought on neo banks like Fi

Federal Bank Ac Freeze

My friend received this mail today, did someone else encountered the same thing? if yes how to proceed?

www.technofino.in

 

[Chaitanya-a]

Some food for thought on neo banks like Fi

Federal Bank Ac Freeze

My friend received this mail today, did someone else encountered the same thing? if yes how to proceed?

www.technofino.in

Yeah I've seen all this. Still dealing with SC customer service is worse than Fi. Fi customer service is already at worst. SC is even bad

 

[VijayflyRaven]

Yeah I've seen all this. Still dealing with SC customer service is worse than Fi. Fi customer service is already at worst. SC is even bad

I have 15 years + relationship (credit card) with SC. I have found peace with them. I do exactly the same thing every month, they keep paying me and we don’t trouble each other.

 

[cyan11]

Did anyone else receive the money plant today for 2% cashback for last month?
If yes, I have a question, I did not pay that much attention, but there were 2 branches on the plant, one with cashback and another with the fi coins, I just clicked on the cashback and now the cashback is showing up in my rewards history but not the fi coins, was it a choice thing or is it some glitch?
The question might sound juvenile but I would request y'all to humour me.

 

[Chaitanya-a]

Did anyone else receive the money plant today for 2% cashback for last month?
If yes, I have a question, I did not pay that much attention, but there were 2 branches on the plant, one with cashback and another with the fi coins, I just clicked on the cashback and now the cashback is showing up in my rewards history but not the fi coins, was it a choice thing or is it some glitch?
The question might sound juvenile but I would request y'all to humour me.

It was a choice between fi coins & Cashback. Fi coins had better monetary value.

 

[pointhacker]

Cashback came yesterday! This one is a proper loot and I have made infinite accounts for both myself and my wife. While there are other debit cards (SC) that give such cashback but 2% guaranteed cashback on UPI is VERY RARE!

One thing to note is that on UPI the cashback is applicable only if the payment is made from the Fi app

Time to enjoy the benefits of this plan! Hopefully the program won't end anytime soon

 

[cyan11]

It was a choice between fi coins & Cashback. Fi coins had better monetary value.

then i missed it. how many coins was it showing to you, it showed me 22.5K coins