So, In short, this is the rebirth of Jupiter Edge BNPL
Right!
I wonder if they will check and report to CIBIL
Would love to have it, if it is like Simpl!
Nothing to do with CIBIL, limit on the basis of usage!
But with 45 days payment period, I think CIBIL will be involved!
They did not provide me any number for it. wailist number
@Devansh_Bartwal You will get the waitlist number only when you have applied through the link/website. There is no waitlist number if applied through the app
@Devansh_Bartwal Waitlist number comes only when we register through the website.
I didn’t have the “Join the waitlist” option in the app. So I had to register for the waitlist from the website. And I got the waitlist number.
I think this was a slide of Jupiter bullet bnpl.
20000 credit will do nothing to users mostly.
@specter I don’t think so. I went to the same timeline of that YouTube video again to confirm. Even in the application process video played on the back screen, showed "Congratulations your pre-approved limit is 5000 "
Timeline 1:18:52
Yeah I had seen that too but was hoping it was just a sample.
If it’s a microcredit card, they would have mentioned I think that it’s a micro credit card because some other bank launched it today and they mentioned it specifically.
On a positive note, many users who had no access to credit cards can get this one easily I think. The formalities may be somewhat simple and easy. I had a limit of 8000 on the Jupiter Edge BNPL app.
Hope, they fixed the limit for some testing purposes which can be modified or increased later.
I have just seen the videos again. If you look at 1:11 timeline @Jiten showing a slide of bullet which was there 2 yrs before.
I hope someone from the team can confirm this.
Yes, the boss even made a reference to Edge BNPL/bullet in his speech saying "Two years back, we had an unauthorized non-compliant product bullet money "
and the response from Dilip Asbe, CEO and MD of NPCI was
@specter You could be right. The theme of this slide is a bit different from the rest of the presentation and it’s reminiscent of the 2021 Bullet era of Jupiter.
Hope there’s no CIBIL hit for joining the waitlist
Anyone has idea on this 5% thing, is it similar to the main edge credit card or different?
I don’t think it’s the same as the Edge Visa Credit Card. That’s 5X vs 5% here.
But I don’t think we’ll get 5% for everything. Might be select merchants or categories.
But I am excited to see Jupiter’s take on UPI with this RuPay credit card.
@Shawnpinto @Jiten Give us something already…
Definitely no CIBIL hit for joining the waitlist!
Wow this is amazing!!! I joined the waitlist, hope the card starts getting issued very soon! @Shawnpinto @Jiten
The “Greatest Rupay Card” (Consumer Wishlist)
Core Requirements:
- Lifetime Free (LTF)
- No CIBIL Required (FD-Backed / Alternative Scoring)
Exceptional Rewards & Savings:
- Flat 5-10% Cashback on Various Categories
- 1.5%-2% Flat Cashback on All Other Spends
- Welcome Bonus with Low Spend Threshold
Enhanced Convenience & Accessibility:
- Seamless UPI Integration (Credit on UPI)
- Widest Domestic Acceptance
- Contactless Payment (Tap & Pay)
- Virtual Card Instant Issuance
- EMI Conversion Options
- ATM Cash Withdrawal at 0% Interest (Limited Period)
Premium Benefits (Even for entry-level cards):
- Complimentary Domestic Lounge Access
- Complimentary Railway Lounge Access
- Personal Accident and Purchase Protection Insurance
- Fraud Protection & Zero Liability
- Exclusive Merchant-Specific Discounts
Transparency & Simplicity:
- Clear and Simple Fee Structure
- Intuitive Mobile App for Management
- Proactive Alerts & Notifications
Additional Desired Features:
- Flexible Reward Redemption: Points convertible to:
- Hotels & Flights
- Cash Credit to Statement
- Digital Gold
- Bill Payments
- Gift Cards (across major brands)
- Donations to Charities
- Dynamic Spends Tracker & Budgeting Tools: In-app features for categorizing expenses, setting budgets, and visualizing spending patterns.
- Personalized Offers & Promotions: AI-driven offers based on spending habits and preferences.
- Gamified Rewards & Milestones: Earning badges, unlocking higher reward tiers, or receiving bonus points for reaching spending milestones.
- Virtual Card Customization: Ability to generate multiple virtual cards for different online merchants for enhanced security, with individual spending limits.
- Financial Wellness Integration: Access to credit score tracking, financial literacy resources, and savings goal features within the app.
- Priority Customer Service: Dedicated and expedited support channels (e.g., chat, call) for premium cardholders.
- Global Acceptance via Alliance: Strong tie-ups with international networks (e.g., Discover, JCB) for seamless global usage without exorbitant conversion fees.
- “Freeze/Unfreeze” Card Option: Instant control over card usage for security.
- Temporary Limit Increase Option: Ability to request a temporary increase in credit limit for specific large purchases via the app.