Today, we will talk about Fi money.
The Fi money is part of Neon Banking. This type of bank operates virtually rather than physically.
Below is a detailed review of the Fi money platform.
What is the Fi Money App?
Fi is a Financial platform. The founders of this platform are former employees of Google. You can use the Fi App to make a payment, pay bills, and make payments. You can create a zero-balance saving account on this app. After the account creation, you will get a Debit Card from the Fi team.
Benefits of Fi App
- RBI insured money up to 5akhs.
- 0 minimum balance.
- No hidden charges.
- ATM Withdrawal Support.
- 24×7 Customer Service.
- Smart Fixed Deposits & Savings.
- Money Plant Coins to earn rewards.
Read More: What is MobiKwik?
Is it Legit?
In India, neon banks are not as popular as in other countries. So people consider these types of things as fake.
How to Open an Account on Fi Money?
It is entirely digital to open an account with Fi. Account creation requires a video KYC, along with identification and address verification.
- Firstly, open the Fi website.
- Then click on the Download button.
- Their app is available for both Android and iOS devices. So you can download the app according to their device.
- After that, open the application.
- Enter your mobile number to sign up.
- After that, Enter your name and Email.
- Then follow the screen instructions to complete the account creation.
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You will get a referral reward if you sign up using a friend’s referral Fi.nite code. To qualify for a reward, you must have added ₹3,000 within 7 days of opening the account. You can use my Fi.nite code(bit.ly/30GeUoq) to get benefits.
Fi Money Features
There are several ways to earn rewards on the Fi Money app. Below are the following examples:
The more you use Fi, the more Fi Coins you will earn. With these coins, you can redeem offers.
If you purchase products and services, you will get cashback.
Fi offers two deposit options, just like any other bank.
Fixed Deposit: You can open a Fixed Deposit account on the Fi app. You can open a Fixed Deposit account for just ₹1,000. You will get a higher rate of interest than a Savings account.
Smart Deposit is another Deposit option on the Fi app. You can open a Smart Deposit account on Fi for just ₹300. Smart Deposit enables you to withdraw money whenever you like.
Whenever a friend joins the Fi app through your referral code, you get a small amount of money. Not only you but your friend also get benefits from the referral.
Fi Money Debit Card
After creating your account, you will receive Fi Debit Card. No forex markup fees apply to international transactions. No extra charges are required, and there are no hidden fees. You can activate and deactivate your Debit Card through the Fi money app. If you lose it, you will receive another one free of charge.
Watch Fi Debit Card Unboxing video:
Fi platform assists you in keeping track of your spending, growing your money, and organizing your finances. Using it, you can experience Digital Banking.
Do you use Fi? I’d like to hear about your experience.
I hope you like the article. Comment below if you have any thoughts.