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.
You'll get 1x rewards on spends from Monday to Friday and 3x rewards on Saturday to Sunday.
But for these categories, you can get 1x rewards every day:
You can get a maximum of 10,000 Fi-Coins in one billing cycle
The rewards will be generated 10 days after every billing cycle.
There aren't any rewards on wallet reloads.