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Federal Bank (Fi Money)

Fi Federal Simplify Credit Card

RuPay

Fi Federal Simplify Credit Card

Fi Money, the neobank built on a Federal Bank savings account, offers this no-fee RuPay credit card mainly for existing Fi app users who want a unified view of savings, investments and credit spend in one place, rather than as a standalone rewards-maximizing product.

Rates and fees last verified 15 July 2026 · No bank pays us to rank higher.

Annual fee

₹0

Joining fee

₹0

Reward type

cashback

Base reward rate

1%

Card network

RuPay

Card tier

Entry

Who this card fits

Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in online shopping. It's a lifetime-free card with no fee to track.

Benefits by category

  • 🛍️ Shopping

    2% reward rate

Eligibility

  • Minimum credit score: 700
  • Minimum monthly income: ₹25,000
  • Employment: salaried, self-employed
  • Age: 2160

Benefits

  • Rewards and spend tracking managed inside the Fi Money neobank app, alongside its savings account and investment features
  • RuPay credit-on-UPI enabled for scan-and-pay use

Pros

  • + No joining or annual fees
  • + RuPay credit-on-UPI support for everyday scan-and-pay
  • + Unified money-management view alongside Fi's savings account and investing features

Cons

  • Cashback rate is modest and category coverage narrow
  • No lounge access, travel or insurance benefits
  • Best value only realized by existing Fi Money app users
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