Only Premium & Super Premium Cards Discussion

[phagocyte536]

Fi provides 2% cashback (max 50 per transaction, capped at 500 per month).

Well you can get this 500/month without any real expenditure.

How? Use any brokerage account (I use zerodha), add 2500 * 10 times into the funds. Withdraw them back to your bank.

 

[shubhamosy]

better to stay away from these fintech banks, they are expert in blocking account & holding funds for months & months.

 

[Wealth is my birth right!]

better to stay from these fintech banks, they are expert in blocking account & holding funds for months & months.

Hope u missed the word “away”
Yes small fintech companies we have to excise more caution

 

[rj_arora]

I tried this last month. Didn't get any CB

 

[bugmenot]

Fi provides 2% cashback (max 50 per transaction, capped at 500 per month).

Well you can get this 500/month without any real expenditure.

How? Use any brokerage account (I use zerodha), add 2500 * 10 times into the funds. Withdraw them back to your bank.

Is that 2% real cashback or some kind of points which you can convert as cashback/brand vouchers?

I checked fi website, it mentioned that there could be a time to time offer to convert your fi coins into cash. So I think it's not permanent cashback and eventually have to settle with vouchers.

 

[phagocyte536]

Is that 2% real cashback or some kind of points which you can convert as cashback/brand vouchers?

I checked fi website, it mentioned that there could be a time to time offer to convert your fi coins into cash. So I think it's not permanent cashback and eventually have to settle with vouchers.

This month they gave 2 options
1) 500 rs in account
2) 22500 fi coins - they are equivalent to 650 Apay vouchers in their catalogue.

 

[shubhamosy]

Hope u missed the word “away”
Yes small fintech companies we have to excise more caution

haha, typo. Corrected 🫣

 

[phagocyte536]

better to stay away from these fintech banks, they are expert in blocking account & holding funds for months & months.

Don't need to make them the primary account to avail the benefits