GUIDESCREDIT CARDS
How to Apply for the Fi-Federal co-branded Credit Card?
4 MIN • 
LAST EDITED BY PRANAV KARNAD ON JANUARY 2, 2026.
LAST EDITED BY PRANAV KARNAD ON JANUARY 2, 2026.
GUIDES LAST EDITED BY PRANAV KARNAD ON JANUARY 2, 2026.
The MagniFi Co-branded Credit Card is a new, lifetime-free credit card issued by Federal Bank and AU Small Finance Bank, and is available exclusively through the Fi Money app. It offers a variety of weekend-focused rewards, catering to everyone, whether you are a traveler, shopper, foodie, or simply looking to earn 5% back on all your weekend expenses.
The MagniFi Co-branded Credit Card is one of the best lifetime-free cards of 2026! In this blog, we will cover the steps required to apply for it, along with its key benefits.
Requirements for MagniFi Co-branded Credit Card online include:
These simple steps will help you obtain your MagniFi Credit Card and start enjoying its many epic weekend benefits in no time.
As we mentioned earlier, there are many benefits to using the MagniFi Co-branded Credit Card issued by Federal Bank and AU Small Finance Bank.
Whether you are an avid weekend shopper who needs 5% back, or simply use it for everyday expenses, or someone who wants 20% off top brands each weekend, or gets 0.5% back on all days, the Fi-Point rewards are something to watch out for.
Benefits Breakdown | Estimated Savings |
Weekend rewards | ₹6,000 |
Weekday rewards | ₹6,000 |
Food order discounts | ₹1,200 |
Grocery discounts | ₹1,200 |
Shopping discounts | ₹1,200 |
Movie discounts | ₹1,200 |
Travel discounts | ₹10,000+ |
Your annual savings | ₹25,000+ |
Note:
-Monthly limits on weekend rewards (Sat-Sun): 2,000 Fi-Points (worth ₹500)
-Monthly limits on weekdays rewards (Mon-Fri): 2,000 Fi-Points (worth ₹500)
You can get all the details on the Fi app or right here on the official page: https://fi.money/credit-cards/magnifi
The MagniFi Co-branded Credit Card offers a variety of rewards for all your weekend spends. Here are the main rewards:
SPEND ₹1000 -> EARN 200 Fi-Points -> CONVERT TO ₹50
The MagniFi Co-branded Credit Card (issued by Federal Bank and AU Small Finance Bank) has:
The MagniFi Credit Card is a lifetime-free credit card, issued by Federal Bank and AU Small Finance Bank, designed to reward weekend spending.
With no joining fees, no annual charges, and no minimum spend requirements, this credit card rewards you when most people actually spend more on Saturday and Sunday, on shopping, dining, travel, grocery hauls, and other weekend plans.
MagniFi is the ultimate weekend credit card. It offers 20% discounts on brands like Zomato, Zepto, BookMyShow, and Amazon, and provides an assured 5% back on all weekend spends, both online and in-store purchases.
What's more? This credit card also offers 0.5% back on all weekday spends.
To apply for the MagniFi Co-branded Credit Card, you must meet specific eligibility criteria, including providing proof of address, KYC documents such as Aadhaar or PAN card, income verification, and a good credit score.
Once you meet these criteria, you can apply for the card on the Fi app.
If you are an existing Fi user, follow these steps to apply:
If you are new to Fi and want to apply, follow these steps:
Once approved, your MagniFi Credit Card (issued by either Federal Bank or AU Small Finance Bank) will be delivered to your doorstep.
MagniFi Credit Card (issued by Federal Bank and AU Small Finance Bank) stands out among the best lifetime free credit card options because it combines a ₹0 annual fee forever with meaningful rewards, 5% back on eligible weekend spends, and steady weekday rewards, plus brand discounts on Zomato, Amazon, Zepto, and BookMyShow.
Nearly 70% of Indians spend more on weekends than on weekdays; yet, most credit cards don't reward this behavior. MagniFi Credit Card (issued by Federal Bank and AU Small Finance Bank) is built to change that.
It is designed to maximise weekend spends, recognising that your weekend lifestyle involves more plans, more spending, and a greater need for value.
With 20% off on top brands like Zepto, Zomato, Amazon, and BookMyShow, plus 5% back on all weekend purchases–online or in-store, MagniFi truly delivers. And for everything else? You still earn 0.5% back on weekday spends. It's more than just a credit card: it's the Ultimate Weekend Credit Card.
Yes. MagniFi, issued by Federal Bank and AU Small Finance Bank, is a lifetime free credit card with no joining fee and no annual fee. Additionally, there’s no minimum spend condition to maintain its lifetime free status.
