- Joining fee
Lifetime Free
- Annual fee
Lifetime Free
- Best suited for
Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
Earn 20 Fi Points/₹100 on Weekend Spending. 2 Fi Points/₹100 Weekday Spending
- Reward redemption
Redeem Fi Points on the Fi Money App
Benefits
- Movie & dining
20% Off on all Weekend Spending up to ₹100 Once a Month
Fees & charges
- Foreign currency markup
3.49%
- Interest rates
3.75% Per Month (45% Per Annum)
- Cash advance charges
2.5%, Subject to a Minimum of ₹500
Product highlights
- Earn 20 Fi Points per ₹100 spent on weekends and 2 Fi Points per ₹100 spent on weekdays.
- 20% discount on weekends spent on BookMyShow, Zepto, Amazon, and Zomato.
- Fi points can be used for air miles, bill payments, and gift vouchers. If eligible, you may also get 50% off on-air vouchers.
- A maximum of 2,000 Fi-points can be earned per statement cycle using this weekday reward.
Pros & cons
Pros
- It’s very useful for anyone who spends a lot of money on weekends and weekdays, as it has a solid, rewarding system that gives ₹1 for every 4 Fi points.
- Consumers who need an entry-level card can use this basic card to build their CIBIL and save extra money on weekdays and weekends.
Cons
- On weekdays, the maximum number of Fi points that can be earned per statement cycle is just 2,000, which limits point-earning capacity.
- A flat 20% off online and in-store is capped at ₹100, with a minimum order value of ₹500, once a month. This once-a-month feature could be a turn-off for those who like to spend every weekend.
FAQs
Is the AU Fi MagniFi Credit Card lifetime free?
Yes. The card has no joining fee and no annual fee. There are also no fees associated with renewals.
Does the card offer airport lounge access?
No, the card does not offer domestic or international lounge access.
How many reward points do you earn on weekends?
You earn 20 Fi points per ₹100 spent on weekends.
What is the value of Fi points?
4 Fi points are equal to ₹1.
Is there a welcome bonus on this card?
No. The card does not offer any joining or welcome benefits.
Who is this card not for?
Frequent travellers, premium lifestyle seekers, and high international spenders may find better value on the other cards.