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Fi and Federal Bank launch no-fee credit card with weekend cashback and app discounts for Indian urban professionals.
Fi and Federal Bank have launched the MagniFi Federal Fi Credit Card, targeting urban professionals aged 25 to 40 in India.
The card offers 5% cashback on weekend spending for dining, shopping, travel, cabs, and groceries, along with 20% discounts on Amazon, Zomato, Zepto, and BookMyShow.
It provides 0.5% back on weekdays, has no annual or joining fees, and enables users to earn Fi-Points redeemable for gift cards, flights, miles, or bill payments.
The card is available online and is part of Fi’s integrated financial platform.
The launch reflects a shift toward lifestyle-focused credit products for digitally engaged consumers.
Fi y Federal Bank lanzan una tarjeta de crédito sin cargo con reembolso de fin de semana y descuentos en aplicaciones para profesionales urbanos indios.