Base reward rate: Earn 20 Fi-coins per ₹100 on most spends, with an accelerated 3% value-back on 20+ popular brands.
Redemption options: airmiles
Redemption value: 1 Pt = ₹100.00
Fees & Charges
Joining fee: 2000
Annual fee: 2000
Pros
Exceptional for international travel and transactions due to a 0% foreign currency markup fee, a significant saving compared to the industry standard of 2.5-3.5%.
High-value welcome bonus worth ₹4,249 (from Zomato, Uber, Myntra, SonyLiv, Croma), which is more than double the joining fee of ₹2,000.
Strong accelerated rewards program offering 3% value-back on 20+ popular brands, providing tangible savings on frequent purchases.
Uniquely earns rewards (20 Fi-coins per ₹100) on categories like rent payments and fuel, which are often excluded by other credit cards.
Good monthly lifestyle perks, including a Buy One Get One movie ticket on BookMyShow (up to ₹300/month) and a 20% discount on EazyDiner (up to ₹1,200/month).
The annual fee of ₹2,000 is waived on a relatively achievable annual spend of ₹2.5 Lakhs.
Cons
Very restrictive domestic lounge access, limited to only 1 visit per quarter and conditional upon meeting a minimum spend of ₹10,000 in that quarter.
Complete absence of any complimentary insurance benefits, such as air accident cover or purchase protection, which is a significant omission for a card in this fee segment.
The base reward rate is ambiguous as the redemption value of 'Fi-coins' for cash or miles is not specified, creating uncertainty about the actual return on general spending.
Weak high-spend milestone benefits; the reward for spending ₹4 Lakhs annually are vaguely defined perks like 'Baggage assistance' (valued at ₹2K) instead of more tangible rewards like bonus points or significant vouchers.
Best Use Case
Consumers seeking high rewards on popular brands, zero forex markup, and lifestyle benefits like dining and entertainment.