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New Variant of Fi Money Account- Fi MONEY PRIME

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Pho3nix said:
I did not understand these points. Could you please elaborate a bit?
Click to expand...

Ok, here is my best shot at explanation. Applies to both Infinity and Prime.

If you make an UPI/DC payment of 5000(1500x3+500) on Infinite or 3333(1000x3+333) on Prime plan in a day, you will get ₹100 (equivalent coins).

If you make this payment for the first time in month, it will show ₹100/₹1000 on rewards page. Consider you made the similar payment next day, your rewards will show ₹200/₹1000.

Ideally, the reward counter should stop at daily limit of ₹100, but in Fi (a bug or not yet a feature) doesn’t stops for a day, but stops at monthly limit.

Consider you made a payment of ₹10000 in multiple transactions on any day. Now the per transaction limit of ₹30 will apply, but say your daily reward which should have stopped at ₹100 and reward counter should show ₹300/₹1000 ideally, it will show ₹500/₹1000, but daily limit of ₹100 atill applies when Fi pays you on 5th of next month. So instead of ₹1000 you will get ₹800 because counter was inflated by ₹200 extra on a single day, which never gets paid.

They need to fix this, and stop at ₹100 for the day even though we make more payments.
 
indianets said:
Ok, here is my best shot at explanation. Applies to both Infinity and Prime.

If you make an UPI/DC payment of 5000(1500x3+500) on Infinite or 3333(1000x3+333) on Prime plan in a day, you will get ₹100 (equivalent coins).

If you make this payment for the first time in month, it will show ₹100/₹1000 on rewards page. Consider you made the similar payment next day, your rewards will show ₹200/₹1000.

Ideally, the reward counter should stop at daily limit of ₹100, but in Fi (a bug or not yet a feature) doesn’t stops for a day, but stops at monthly limit.

Consider you made a payment of ₹10000 in multiple transactions on any day. Now the per transaction limit of ₹30 will apply, but say your daily reward which should have stopped at ₹100 and reward counter should show ₹300/₹1000 ideally, it will show ₹500/₹1000, but daily limit of ₹100 atill applies when Fi pays you on 5th of next month. So instead of ₹1000 you will get ₹800 because counter was inflated by ₹200 extra on a single day, which never gets paid.

They need to fix this, and stop at ₹100 for the day even though we make more payments.
Click to expand...
Well I reached me ₹1000/₹1000 counter for this month paying 3 x ₹1000 daily and boy was it more hectic than when I was on Fi Infinite. I had to set Alexa to remind me daily 😆
 
indianets said:
Ok, here is my best shot at explanation. Applies to both Infinity and Prime.

If you make an UPI/DC payment of 5000(1500x3+500) on Infinite or 3333(1000x3+333) on Prime plan in a day, you will get ₹100 (equivalent coins).

If you make this payment for the first time in month, it will show ₹100/₹1000 on rewards page. Consider you made the similar payment next day, your rewards will show ₹200/₹1000.

Ideally, the reward counter should stop at daily limit of ₹100, but in Fi (a bug or not yet a feature) doesn’t stops for a day, but stops at monthly limit.

Consider you made a payment of ₹10000 in multiple transactions on any day. Now the per transaction limit of ₹30 will apply, but say your daily reward which should have stopped at ₹100 and reward counter should show ₹300/₹1000 ideally, it will show ₹500/₹1000, but daily limit of ₹100 atill applies when Fi pays you on 5th of next month. So instead of ₹1000 you will get ₹800 because counter was inflated by ₹200 extra on a single day, which never gets paid.

They need to fix this, and stop at ₹100 for the day even though we make more payments.
Click to expand...
You are right. The real figure can be determined by counting the transactions in the statement, but this is a major hassle.
 
SureShot said:
anybody who didn't get money plant till now? I am on prime since Aug'24 but didn't receive any rewards for Feb month so far.
Click to expand...
Same here and the reply I got back is we need to maintain 1lac bal and since I didn't maintain it I'm not eligible to receive the cashback. I have gone back saying that this new changes were effective 1st March and waiting for the response now.
 
Anybody facing issue with redeeming fi coins to purchase gift cards? I tried to purchase amazon pay gc using fi coins through the fi app and got an 'internal server error'. The coins got deducted even though it didnt go till payment page. Anyone else facing this issue?
 
For cash redemption, it's 60000 points to get ₹1000 for me. 10000 points ka cheating kar liya Fi ne. It showed ₹1000 won/projected and now we can only get ₹1000 as Amazon GV if we buy ₹1100 GV and pay 50000 with coins (90% off) and ₹100 extra via Fi UPI/debit card. For direct cash, it's showing 60000 coins required (but max rewarded only 50000 coins). Typical Fi cheating, this isn't the first time the cheaters have randomly violated their own T&C/promises. Their email clearly said "up to ₹1000 back as Fi coins which can be converted to cash or vouchers. Fi offers/T&C of the bank account change on-the-fly because unlike for a credit card, they are not legally bound to announce changes to T&C 30 days in advance

When ₹1000 goes as Amazon voucher, you don't earn interest on that amount as you would have had it been in the savings account. They should be transparent about such things before deceiving everyone with the Fi Prime upgrade.
 
Last edited:
Gau₹av said:
For cash redemption, it's 60000 points to get ₹1000 for me. 10000 points ka cheating kar liya Fi ne. It showed ₹1000 won/projected and now we can only get ₹1000 as Amazon GV if we buy ₹1100 GV and pay 50000 with coins (90% off) and ₹100 extra via Fi UPI/debit card. For direct cash, it's showing 60000 coins. Typical Fi cheating, this isn't the first time the cheaters have randomly violated their own T&C/promises. Their email clearly said "up to ₹1000 back as Fi coins which can be converted to cash or vouchers. Fi offers/T&C of the bank account change on-the-fly because unlike for a credit card, they are not legally bound to announce changes to T&C 30 days in advance

When ₹1000 goes as Amazon voucher, you don't earn interest on that amount as you would have had it been in the savings account. They should be transparent about such things before deceiving everyone with the Fi Prime upgrade.
Click to expand...
how do you redeem into cash?
 
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