Introducing XtraBoost: The smarter way to make your money work harder

News from Jupiter
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For years, we’ve all done the same thing — parked our extra cash in a savings account. For rent. For bills. For “just in case.”

It’s safe. It’s familiar. It’s easy.

But here’s the quiet truth: it doesn’t grow.
While our lives move faster than ever, our money just… waits.

Most savings accounts earn barely 2.75%, while inflation quietly chips away at our hard-earned value.

At Jupiter, we asked ourselves a simple question: “What if our balances in savings accounts could give us way more — without us doing anything extra?”

And that’s exactly what we built.

Introducing XtraBoost

The smarter, simpler way to earn higher returns on idle money lying in savings accounts.

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XtraBoost is a new feature that helps you earn up to 7% returns — while keeping your money instantly accessible.

No complex investments.
No manual transfers.
No “wait-for-redemption” moments.

Just your money, working harder — automatically.

How it works

You maintain a ₹50,000 balance in your Federal Savings Account on Jupiter for daily needs.

Any amount above ₹50,000 gets automatically invested in SEBI-approved liquid mutual funds that earn up to 7% returns at 11:00 AM.

Spend or transfer something big?
Your account instantly redeems what you need — up to ₹1 lakh/day or 90% of your XtraBoost balance — and moves it back into your savings account, seamlessly.

Every transaction is visible in your Jupiter app. You stay in control, always.
No effort. No lock-ins. Just smart automation behind the scenes.

Why you’ll love it

  • 2x better returns: Earn up to 7% vs. the usual 2.75%

  • Instant access: Redeem instantly whenever you need

  • Zero effort: Fully automated

A simple example

Let’s say you have ₹80,000 in your account.
XtraBoost automatically invests ₹30,000 in SEBI-approved liquid mutual funds at 11:00 AM while keeping ₹50,000 accessible for bills, UPI payments, or emergencies.

If tomorrow your balance drops to ₹40,000, ₹10,000 is instantly added back — no action needed.

And if you need more money, you can instantly redeem up to ₹1 lakh/day or 90% of your XtraBoost balance — and the money gets added to your savings account, seamlessly.

Your money quietly grows in the background — every single day.

Safe. Simple. Transparent.

XtraBoost invests only in liquid mutual funds from top fund houses. Your investments remain in your name, fully visible and redeemable anytime.

Every sweep-in and sweep-out is tracked inside your Jupiter app. You’re always in control. Always informed.

The future of saving

We designed XtraBoost for a new generation — one that values flexibility, speed, and smarter choices.

Your money should work as intelligently as you do.
Not sitting idle, but silently growing — in the background of your digital life.

With XtraBoost, your savings finally catch up with your ambitions.

Be among the first to experience XtraBoost

We’re rolling out XtraBoost in phases for Federal Savings Account users on Jupiter.

:backhand_index_pointing_right: Join the waitlist today

because your savings deserve more than 2.75%.
They deserve to grow with you.

@trust_level_0

5 Likes
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I had recently asked how does it beat inflation and you all introduced this. Nice!

Though 1 question - Say I want to keep more than 50k in my account at a time or increase or decrease the balance I want to keep in my account? How will that work?

Example 1: I want to decrease my minimum balance in the account to only 20k and rest should be invested for the boost.

Example 2: I want to increase my minimumbalance in the account to 1 lakh so anything after a lakh will only be invested for boost.

I think we should add a 5 parts switch to every savings account which can look like this..

|🪙| |💵| |🚫| |💶| |💰|

If first is selected, the minimum balance threshold will be 25k.

If second selected, the minimum balance will be as you have mentioned..the default 50k.

If the third is selected, the xtraboost option will turn off.

If fourth is selected, the minimum balance is 75k.

If last is selected, the minimum balance is 1 lakh.

You can add an extra option to contact your team in case someone wants to keep a larger amount in their account for some reason but these should suffice Ig.

Naturally people would want to save their money from inflation and opt in but for some reason if at any time they need more cash in hand for whatever reason, they can toggle on and off.

Just a suggestion, rest glad you all gave thought to my question and worked on solving it​:pinched_fingers::100::new_moon_face:

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Love how Jupiter is implementing all the ideas I suggested, one by one.

Making it more useful for me personally :slight_smile: Thanks!

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Thanks for your feedback and suggestions!

Currently, the minimum Savings Account balance for XtraBoost is set at ₹50,000 and cannot be changed by users. However, we’ll consider user feedback like yours when reviewing this limit in the future.

Currently, users can instantly redeem up to ₹1,00,000 or 90% of their XtraBoost balance — whichever is lower. We’re also working on increasing the instant redemption limit to ₹2.5 lakh/day.

Users can also redeem more than the instant withdrawal limit; however, the money will be credited to the savings account on the next business day (T+1).

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Thanks for the clarification :grinning_face:

I’ll get the minimum balance in my account probably by November end- December start. Let’s see this in action!:handshake:

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Looks very promising. Have signed up for the wailist. Investing in MF is a new concept. Right now, from what I have seen, the other players are putting the money in flexible FDs.

I would like to benchmark it against the following:

1)Kotak 811 AutoSweep ( Automatically Sweeps in money when the balance is above 25000 at 5.75% pa )

  1. AU Finance Bank ( Interest rate depends on the bank balance)

  2. Niyo SBM Bank ( Again, here, the interest rate depends on the bank balance)

1 Like
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This will be great if it works. SEBI requires OTP authentication for mutual fund transactions. I’m curious to see how you’ll work around this requirement and whether SEBI will be okay with you or the partnering AMCs sidestepping two-factor authentication.

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Based on what I understand from the example, I can’t spend anything from the ₹50k in my account. If I do, the difference is credited back to my account. Please explain this - is this credited as a loan or from the ₹30k invested?

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Here is an example to explain how XtraBoost works:

  1. You have ₹30,000 in your Federal Savings Account with Jupiter.
  2. Activation: While activating XtraBoost, you deposit an additional ₹30,000 into your Federal Savings Account from another bank. Your balance is now ₹60,000.
  3. Investment: After activation, ₹10,000 is automatically transferred from your Federal Savings Account to XtraBoost, where it is invested in Axis Overnight/Liquid funds.
  4. Buffer: The remaining ₹50,000 stays in your Federal Savings Account, acting as a buffer for payments.
  5. Auto-sweep: If your Federal Savings Account balance drops below ₹50,000 on any given day, the difference (shortfall) will be automatically transferred back from your XtraBoost investment to your Federal Savings Account to restore the ₹50,000 balance.
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Why didn’t Xtraboost pool in the surplus money I had on day 2?