If you're an existing Fi user, follow these steps to apply for the MagniFi Fi-Federal Credit Card:

• Open the Fi app
• Go to the Credit Cards section
• Check your credit card eligibility
• Click on Apply

If you are new to Fi and want to apply for the MagniFi Fi-Federal Credit Card, follow these steps:

• Download the Fi app. During signup, select Credit Card
• Fill in your basic details and complete KYC digitally
• Once approved, your MagniFi Fi-Federal Credit Card will be delivered to your doorstep

MagniFi Fi-Federal Credit Card is a Lifetime-Free Credit Card with no joining fees, no annual fees, and no minimum spends.

If you’re someone who spends more on weekends-think shopping, dining, travel, and catching up on plans-this card is made for you. Especially if you live and work in Tier 1 or Tier 2 cities, where weekends are packed with activity and spending, the MagniFi Fi-Federal Credit Card is a no-brainer.

Why?

Because it’s specifically designed to reward weekend behaviour, when most people tend to spend the most. You get:

• 5% back on all eligible weekend spends (both online and in-store) unmatched by any other lifetime-free credit card
• 20% off on top brands like Zomato, Zepto, Amazon, BookMyShow, and more–covering grocery haul, shopping, entertainment, and essentials
• 0.5% back on weekday spends, so you're always earning

What's more? MagniFi Fi-Federal Credit Card is a lifetime-free credit card with Zero joining fees. Zero annual charges. Zero minimum spends.

If you want real, direct rewards without overthinking categories or fees, MagniFi Fi-Federal Credit Card is the ultimate weekend card–especially for the urban, always-planning, always-spending user.

Because it's the ultimate weekend credit card designed to reward you exactly when and where you spend the most—WEEKENDS.

• Get 5% back on all eligible weekend spends–both online and in-store. This unmatched reward rate makes MagniFi one of the most generous lifetime-free credit cards in the market.
• Enjoy 20% off on top brands like Zomato, Zepto, Amazon, BookMyShow, and more covering your groceries, shopping, dining, entertainment, travel, and more.
• Earn 0.5% back on all weekday spends too, so you’re always getting something back.

And the best part?
MagniFi Fi-Federal Credit Card comes with zero joining fees, zero annual charges, and no minimum spends giving you all the rewards, with none of the usual conditions. Plus, it gives 0.5% back on eligible weekday spends too!

With the MagniFi Fi-Federal Credit Card, your rewards are simple and generous:

Weekend rewards: Get 5% back on all eligible spends between Saturday 00:00:01 IST and Sunday 23:59:59 IST.
[Spend ₹100 → Earn 20 Fi-Points → Worth ₹5]

Weekday rewards: Get 0.5% back on all eligible spends from Monday to Friday.
[Spend ₹100 → Earn 2 Fi-Points → Worth ₹0.5]

All rewards are credited as Fi-Points, where 4 Fi-Points = ₹1.

These points can be converted into cash, used to pay card bills, buy discounted gift vouchers, or even converted to air miles.

Let’s say you spend ₹100 using your MagniFi Fi-Federal Credit Card on weekend (Saturday 00:00:01 IST to Sunday 23:59:59 IST): You earn 20 Fi-Points (because you’re getting 5% back in rewards). These 20 Fi-Points = ₹5 in value.

Let’s say you spend ₹100 using your MagniFi Fi-Federal Credit Card on weekdays (Monday to Friday): You earn 2 Fi-Points (because you’re getting 0.5% back in rewards). These 2 Fi-Points = ₹0.5 in value.

For every eligible weekend spend, you get assured rewards worth 5% of the transaction value as Fi-Points.

Rewards are given as Fi-Points, which can be converted into cash, gift vouchers, or air miles–all at a value equivalent to 5%.

Example: Spend ₹100 → Earn 20 Fi-Points → Worth ₹5.

In simple terms, it’s just like getting 5% back–straightforward and rewarding.

Fi-Points earned using your MagniFi Fi-Federal Credit Card can be easily redeemed.

• Convert them to Air Miles and get discounts on flight bookings.
• Pay card bills using Fi-Points
• Use them to get up to 50% off on gift vouchers

For existing Fi users, no additional documents or income proof are needed.

The entire process is 100% digital, and your eligibility is assessed via a credit score check–no paperwork or uploads needed.

You can apply online using just your PAN and Aadhaar details.
There’s no need to submit any physical documents.

Note: If you’re new to Fi, you’ll be required to complete a quick video KYC (vKYC) as part of onboarding. During this call, you may need to present your physical PAN card for verification.

Fi-Points are calculated per transaction and rounded down to the nearest whole number. Example: Spend ₹120 → Earn 2 Fi-Points.

4 Fi-Points = ₹1. You can convert them to Gift cards, cash or air miles at the exact same conversion rate.

All eligible rewards for a billing cycle are credited together, 10 days after bill generation date.

For example, if your bill is generated on the 4th of the month, your Fi-Points will be credited on the 14th.

A maximum of 2000 Fi-Points per statement cycle can be earned using this Weekday reward.

Wallet reloads, jewellery and gold purchases, rental payments and real estate, insurance payments, education, government services, fuel, utility payments, agricultural services, horticultural and veterinary services, and business services are not eligible for rewards.

Also, you will earn a max of 2000 points for weekend spends in a month & another 2000 points for weekday spends in a month.

You will earn a max of 2000 points for weekend spends in a month & another 2000 points for weekday spends in a month.

You have an interest-free period of 48 days. But if you fail to pay within this time, you'll be charged basis an Annual Percentage Rate (APR) of 3.75% per month i.e. 45% annually.

Here's how you can pay your Credit Card bill through your Federal Bank Savings Account via Fi:

• Go to the credit card bill section
• Choose your repayment amount (total due, minimum due, current outstanding, or enter a custom amount)
• Tap on proceed to pay
• Enter secure PIN or UPI PIN

You can also pay via other bill payment apps, NEFT, IMPS etc.

Yes, you can use it outside India to make international payments.

A 3.5% forex fee will be applied to international transactions, in addition to the forex conversion applied to relevant currencies.

To enable international usage on your Credit Card:

• Go to the Card Controls section of the app
• Tap on Card Usage
• Tap on the toggle Enable International Usage

No, the Magnifi Federal Credit Card is a lifetime free credit card with no joining fees, no annual charges, and no minimum spends.

MagniFi Fi-Federal Credit Card is a lifetime free card.

Here are some charges related to it.

Joining fee: ₹0

Annual fee: ₹0

Forex fee: 3.5%

Card re-issuance: ₹250+GST

If a transaction is cancelled, earned Fi-Points will be deducted from your balance.