Credit Score powered by our Bureau Partners ® |
CreditMantri Finserve Private Limited
CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
1+ Offers
Nil joining fees, annual fees, subscription fees, renewal fees, and EMI conversion fees |
Auto-renewal of credit limit after the tenure ends, till 3 years |
Individuals can set up dynamic credit limits across various categories like shopping, travel, medical, etc. |
All transactions above INR 500 can be converted to EMIs |
Does not impact CUR and enhances credit score |
Zero processing fees |
Zero touch digital card |
You can prepay anytime at zero cost |
No charges on prepayments and part payments |
Everything right from application to approval of the Fibe credit card takes place on the mobile app. The process is hassle-free. You can obtain both the digital and physical versions of the card. The digital version of the card will be generated on the app itself post-approval. The physical card will be given on the cardholder’s request. The credit limit varies across categories of transactions like shopping, travel, medical etc. and the total credit limit on the card differs according to the income-to-expense ratio.
Bank statements | Bank statements for recent 3 months |
ID Proof | |
Address Proof | |
Photographs | Selfie |
Joining Fees | Nil |
Renewal Fees (From the second year onwards) | Nil |
APR | 24% per annum |
To apply for the Fibe credit card, you have to download the Fibe mobile app. The complete application and approval process of the Fibe Credit Card is through the mobile app.
Here are the simple steps to apply for the Fibe credit card:
You can block your Fibe credit card using the following ways:
Fibe
Office no. 404, The Chambers, (Samrat Chowk)
Clover Park, Near Ganpati Chowk,
Viman Nagar, Pune,
Maharashtra 411014.
Note: Blocking the Fibe Credit Card is permanent. Once you block the card, you cannot transact with it or unblock it. So, it is suggested that you block it only when the physical card is lost, stolen or damaged.
Criteria of Difference | Fibe Credit Card | Credit Card |
---|---|---|
Conversion of Spends into EMIs | No processing fee for converting your spends into EMIs. You can choose your tenure. | You will be charged for converting your spends into EMIs. |
How Does It Affect Your Credit Score? | Using 100% of your limit and making timely repayments enhances your credit score | Using more than 30% of your credit card limit has a negative impact on your credit score. |
Rate of Interest | You have the option to pay off your entire transaction amount on or Before the 1st EMI. The interest charged is zero. | Significantly higher interest rates |
Time taken to get your card | You can get this card instantly within minutes | It will take up till 14 days to get your card |
GST charged | No GST on the EMIs of Fibe Credit CArd | GST levied on the interest of EMI transactions |
Conversion of transactions into EMIs | You can convert any transactions over Rs. 500 into EMIs | You can convert transactions over Rs. 3000 into EMIs. |
Fibe credit card is a very useful card. It provides the cardholder with so many privileges while coming at Nil joining and renewal fees. So, apply for this card and enjoy the perks.
1. What are the disadvantages of using the Fibe credit card?
The disadvantages are as follows:
2. Is Fibe (formerly known as EarlySalary) approved by the RBI?
Fibe is one of the leading fintech startups in India approved by the RBI. It is best known for lending personal loans and instant loans.