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About Us
Cards
Features
Pay with Fi
Automate
Rewards
Borrow
Accounts
Salary Accounts
Scan QR to get the Fi app
Frequently Asked Questions
SimpliFi Fi-Federal Credit Card
How does an FD-backed Credit Card work?
A Fixed Deposit-backed Credit Card works like any other Credit Card and can be used for online & offline purchases, bill payments, and more.
The only difference is that you’ll need to open an FD to get the SimpliFi Fi-Federal Credit Card issued by our partner, Federal Bank, and you will earn up to 7.40% p.a. interest on your Fixed Deposit. The FD serves as a security deposit against your Credit Card. You get a credit limit against your FD amount. This also helps in building a credit history.
Fi partners with the best to secure your money
ISO 27001:2013
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.
Scan QR to get the Fi app