Our partner bank hosts your Savings Account and follows all security standards per applicable regulations.
Your money is always safe with our banking partner - Federal Bank, is covered under the Deposit Insurance and Credit Guarantee Corporation Scheme. This insures your money up to ₹5 lakh.
Fi itself is not a bank and doesn’t hold or claim to have a banking license.
Fi is a money management platform that re-imagines the banking experience in India. The Federal Bank Account offered through our App, is a digital bank account that gives you the fastest way to open a bank account online.
You can do everything from the Fi App, including p2p payments, fund transfers, bill payments, and more, with features to automate every action. You also get a Debit Card, spends insights and tools to grow your investment and earn rewards.
With the 20% weekend cashback & discounts on Zomato, BookmyShow, Blinkit, , and Ajio — you can save up to ₹1,000.
With 4X weekend rewards on Flipkart, Uber, DMart, Urban Company, and Reliance Digital — you can earn 20 Fi-Coins on every ₹100 spent.
On weekdays, you get 1X Fi-Coins on all spends— that is 5 Fi-Coins on every ₹100 spent.
You can earn up to 1,000 Fi-Coins on every transaction.
You can redeem them for instant cash transfer to your account, brand gift vouchers, and other exclusive offers. The rewards will be generated 10 days after every billing cycle.
You will not receive any rewards on spends on wallet reloads, gold purchases, rental payments, cash advances and card fees & charges.