Federal (Fi, Jupiter) Revised charges

105°
Deal Cadet
krn.punjabi

1000097045

1000097046

Daily disappointments coming from banks. 😬


10048851click-here


Link for PDF - 

https://www.desidime.com/links?ref=discussion&a...



Mailed to Fi and Federal 


They confirmed the same. 



Their reply (( Hi Karan,
Thank you for your email.
With reference to your query, as of now there are no charges for virtual debit card and charges for account closure will be applicable from June 2024
It is a zero-balance Savings Account. If you are on the Standard, Plus, Infinite or Fi Salary Program, you don't need to maintain a minimum balance) 

My opinion - 

So basically the thing is no point in maintaining the account,even MAB for virtual accoun is not worth for FI as they lock randomly. 

Virtual DC is not worth paying single rupee, i think this is first bank who charges even for virtual debit card 


Close it this month itself to avoid any CHARGES. 




Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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Deal Lieutenant Deal Lieutenant
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Nothing is visible . If possible share link.

Flame Flame
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Super Stud Super Stud
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Is there anything concerning about changes?
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Helpful Helpful
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So in summary, there will be a mab for all accounts, charges even for just virtual cards, and charges to get the account closed? Even for old users? 

Deal Cadet Deal Cadet
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Their reply (( Hi Karan,
Thank you for your email.
With reference to your query, as of now there are no charges for virtual debit card and charges for account closure will be applicable from June 2024
It is a zero-balance Savings Account. If you are on the Standard, Plus, Infinite or Fi Salary Program, you don't need to maintain a minimum balance)

Deal Newbie Deal Newbie
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How to close the account?

Is it possible to close without visiting branch?

Deal Cadet Deal Cadet
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Yes, raise request by chatting with CS

Helpful Helpful
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I have virtual card + standard account ...

Will this attract any  maintenance charges

I hardly use this account now ...

Deal Cadet Deal Cadet
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vc + standard doesn't attract any fee AFAIK. 
As per my knowledge physical cards are charged.

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