Have you signed up on the Firstlist yet?

Hey folks, join here https://waitlist.jupiter.money/

to be amongst the few to get 10% cashback and early access to Jupiter .

This is how it works:

  1. Confirm your spot
  2. Start referring folks to reach the highest cashback slab
  3. The more people you refer, the more you earn🚀
6 Likes

I am dropping so fast on the list. I accuse of conspiracy :joy::joy:
Jokes apart it just shows the traction for Jupiter.

I am sure conspiracy is by fellow users :wink:

Just got to know about “the conspiracy”
My rank dropped too :sob:

3 posts were merged into an existing topic: When Jupiter goes live?

Bad marketing. Every product rewards early adopters. Here the people who had signed up early are lagging behind.
And what kind of marketing it is to share and tell the world and recruit others when the product has not been launched. And no one has used it yet firsthand.

At last but not the least. There is nothing so “wow” about the product. You are just selling Federal bank account with 2.5% interest rate. Is it worth all the gaga?

Niyo has done at least better. By tieing up with IDFC earlier and now Equitas. Until the honeymoon period (until the bank wanted to build CASA) they offered high interest. And people were interested. Today no one is loyal to a particular bank. Yes, for safety one has either SBI or HDFC. Apart from that, every other bank is for just need-based.

@rupeshmandal

Niyo was a total flop with their product Niyo IDFC First Bank Savings Account. Don’t know how well they do with thier new product NiyoX. From my experience Niyo is totally unreliable.

For those most priority is interest for their SB A/C, then Federal bank is not an ideal option because only offering 2.5% PA.

It seems Jupiter is planning to overcome this by their on Taylor made offers & reward system. Let’s see how it goes. Waiting to experience it.

1 Like

Forget Niyo. I am talking about the underlying banks.
IDFC app is good enough. I have never visited their bank after I opened the bank account. Also, now Govt./ RBI has also made things easier for account holder e.g. Video KYC to open account, KYC documents on emails are accepted .etc.
So I don’t know if there is a need for a Niyo account at all.

This as I have mentioned, people have multiple cards, bank account for different purpose and until and unless once collates the data and creates a profile it’s half-information and basis that you can’t judge a person.
And the way world is leading, “your data is your data only” is being applied by Apple and soon Google Play would follow and then Apps won’t be able to sneak through the user data. Everything falls flat then.

Still no compulsion to go with this. Those who are interested can enroll… :blush:

My views can differ here. But everything has it’s own value. Even if that’s not apparent. The value of losing interest rate by depositing amount in bank accounts is security. The value of buying pricey iPhones with way less features is interconnection or user experience for some people.

The crude numbers might let anyone question decisions of purchasing a certain product. So, there’s a room to question the intrinsic value you might be getting.

My views might be different. But losing out on some interest rates from Jupiter gives me the value of avoiding pesky ads, coupon codes promoting unnecessary consumerism, a hopefully intuitive UI, co-creation and getting an active community like this one.

So the intrinsic value of Jupiter might be making up better when you think about interest rates.
Or maybe the places you get high interests might actually find pesky ways to make you spend more.

To repeat myself again, my opinion might be different, but crude numbers can’t show the underlying value the product might have.

3 Likes

Talking about this marketing.
Every brand respects and appreciates and rewards the first few customers who sign up for their services. The early adopters. Here people who signed up for the service are lagging behind in the queue. I was in early 2000 and 5% cashback when I had signed up. And now I am in the 5000’s. I wonder if this marketing is good to retain customers. I am an early adopter than someone who came in late. I took the plunge to register. But someone else comes in later and mindlessly shares (or rather spams) their friends and other groups to get ahead in the queue. Is that the right strategy for the brand? How will I share with my friends, if I only haven’t experienced it yet. I hope the marketing team is taking note of it. It’s all noise. And the real early adopters who discovered it in early-stage would leave. That’s not good for the product. I hope they realize it before it is too late.

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