Frequently Asked Questions

FAQarrow iconCredit Cardsarrow iconSimpliFi Fi-Federal Credit Card
SimpliFi Fi-Federal Credit Card
What’s the difference between secured credit cards and unsecured credit cards?

The primary difference is that you need to open a Fixed Deposit to get a secured Credit Card. Think of it as a security deposit. You’ll earn up to 7.40% p.a. interest on your FD. 

To get an unsecured Credit Card, you don’t need to open a Fixed Deposit. All you need to have is a good credit score and a healthy credit history.

If you’re new to the world of credit and don’t have a credit score, you can get your hands on the SimpliFi Fi-Federal Credit Card issued by our partner, Federal Bank through the Fi app.

Fi partners with the best to secure your money

Federal Bank
VISA
NPCI
PCI
EPIFI WEALTH
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.
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