Change in annual fees for your Jupiter Debit Card

[Stargod]

An annual fee of ₹199 + GST will be levied for the first time in March 2024. Going forward, this fee will be charged in March of every year for your virtual or physical Debit Card

How can you skip the Annual Debit Card Fee?
1. Spend ₹25,000 or more on eligible merchants using your Debit Card between April 2023 to March 2024, OR

2. Become a PRO or Salary Account user for any 6 months between April 2023 to March 2024

First Fi debit card AMC & Now Jupiter DC AMC. It was bound to happen.

 

[pjain2712]

I want to close but even for closure there are charges right?

 

[avishj]

An annual fee of ₹199 + GST will be levied for the first time in March 2024. Going forward, this fee will be charged in March of every year for your virtual or physical Debit Card

How can you skip the Annual Debit Card Fee?
1. Spend ₹25,000 or more on eligible merchants using your Debit Card between April 2023 to March 2024, OR

2. Become a PRO or Salary Account user for any 6 months between April 2023 to March 2024

First Fi debit card AMC & Now Jupiter DC AMC. It was bound to happen.

All these neobanks are going to have to do this eventually. Current model is not sustainable, someone has to pay the charges.

 

[Stargod]

I want to close but even for closure there are charges right?

Closure charges basis number of days from account opening date
Upto 14 days : No Charges
Between 14 and 180 days : Rs. 118 (includes GST)
More than 180 days : No Charges

 

[DarkKnight]

An annual fee of ₹199 + GST will be levied for the first time in March 2024. Going forward, this fee will be charged in March of every year for your virtual or physical Debit Card

How can you skip the Annual Debit Card Fee?
1. Spend ₹25,000 or more on eligible merchants using your Debit Card between April 2023 to March 2024, OR

2. Become a PRO or Salary Account user for any 6 months between April 2023 to March 2024

First Fi debit card AMC & Now Jupiter DC AMC. It was bound to happen.

If you have a sum of around rs 10,000 rotate it in jupiter acc for 15-20 days every mnth or just create a FD of the same.. You will be counted as PRO!

 

[Stargod]

All these neobanks are going to have to do this eventually. Current model is not sustainable, someone has to pay the charges.

Yes They will introduce more charges & more revenue stream in future to become profitable. Most of these neobanking & ppi startups are loss making.

 

[Strange]

An annual fee of ₹199 + GST will be levied for the first time in March 2024. Going forward, this fee will be charged in March of every year for your virtual or physical Debit Card

How can you skip the Annual Debit Card Fee?
1. Spend ₹25,000 or more on eligible merchants using your Debit Card between April 2023 to March 2024, OR

2. Become a PRO or Salary Account user for any 6 months between April 2023 to March 2024

First Fi debit card AMC & Now Jupiter DC AMC. It was bound to happen.

Fi virtual card is free but Jupiter is gonna charge for virtual card. I think it's time to close Jupiter account.

 

[pjain2712]

Closure charges basis number of days from account opening date
Upto 14 days : No Charges
Between 14 and 180 days : Rs. 118 (includes GST)
More than 180 days : No Charges

Any way we can check exact date of account opening?

 

[Stargod]

If you have a sum of around rs 10,000 rotate it in jupiter acc for 15-20 days every mnth or just create a FD of the same.. You will be counted as PRO!

Whats the benefit of Jupiter now? 1% jewels is not eligible in most merchants and also not attractive at all. I think. Anything am I missing?

 

[DarkKnight]

Whats the benefit of Jupiter now? 1% jewels is not eligible in most merchants and also not attractive at all. I think. Anything am I missing?

You can earn jewels by paying credit card bills on mobikwik!! There are tricks available

 

[Stargod]

Any way we can check exact date of account opening?

You can contact jupiter CC via in-app chat.
Or search email for first jupiter mail or federal bank aadhaar authentication mail.

 

[Stargod]

You can earn jewels by paying credit card bills on mobikwik!! There are tricks available

Understood thanks . But UPI or DC payment or both?

 

[pjain2712]

You can contact jupiter CC via in-app chat.
Or search email for first jupiter mail or federal bank aadhaar authentication mail.

Thanks, got it. It has been around 1 year since I opened so I am proceeding with closure.

 

[Stargod]

Thanks, got it. It has been around 1 year since I opened so I am proceeding with closure.

No charges then . Good

 

[Praveen Urimi]

You can earn jewels by paying credit card bills on mobikwik!! There are tricks available

can you please explain it in detail or share the link if you have any?

 

[korin]

1. Spend ₹25,000 or more on eligible merchants using your Debit Card between April 2023 to March 2024, OR

Anyone has idea what are these eligible merchants?
We can pay credit card bills using this debit card on cred. Will that be eligible?

 

[Enthusiastic]

Anyone has idea what are these eligible merchants?
We can pay credit card bills using this debit card on cred. Will that be eligible?

Check there website under "QUALIFIED MERCHENTS"

 

[Enthusiastic]

Anyone has idea what are these eligible merchants?
We can pay credit card bills using this debit card on cred. Will that be eligible?

 

[Enthusiastic]

You can do 25k transactions in 1 year
(Credit Card payments exclude but, indirectly it's free if you earn 250 Jwels on 25k transaction.)

Or
Keep account as Pro for 6 months

Or
Keep salary account for 6 months

USE REFERRAL LINK

‎Jupiter: UPI & Credit Cards

‎Get the lifetime free 3-in-1 switch credit card and switch between shopping, travel, and dining for 2% cashback. Scan any QR and pay with this credit card online, in-store, or with UPI. Track your UPI and credit spends to get monthly Insights. Get the Edge CSB Bank RuPay Credit Card exclusively...

jupiter.onelink.me

Thank you

 

[falcon007]

So, keeping FD of 10k, counts as PRO account?