I opened jupiter account on 9th May 2022 today completed its first year.I would like to share this one year experience of using Jupiter.
The main reason i opened jupiter was that my debit card from bank of india was getting delayed alot,one day suddenly i saw an ad and i got interested then i opened jupiter account.
After opening the Jupiter account, I see that it is much better than my BOI account, better rewards, no branch visit , onboarding process was smooth and quick.
Early on I used Jupiter for transactions, and to be honest I used it more for Jewel and even then I didn’t have much money, not more than 4-5 thousand.
Features Then vs Now:
I remember when i opened jupiter there was -
Delay in balance update
No Super Pots
No Investment ( Mutual fund,FD,Gold)
No Bill Payments
No Mobile Number Change option
No Tax Statement
No cheque book
No Nach payments
No international transfer
Only a typical savings and salary account.
Almost everything present and more on the way:muscle:
Things i use in Jupiter -
Savings account for savings, upi transaction, POTS for small targets and use FDs as well.
Jupiter UPI and card for 1% reward, i had auto payments through debit card.
Electricity bill payments.
Things i don’t use in Jupiter -
Mutual fund: as i already have a demat account in Groww thats why I don’t use jupiter.
Digital Gold: I don’t like digital gold as with every buy 3% gst, sometimes prices are different from actual price and much more.
Prepaid recharge: Actually i prefer credit card for most of recharge as I recharge the mobiles of my neighbors, friends and many others.So if I do all the recharges through bank then bank balance will be low and if I do it through credit card I get reward point and that moment the money is not leaving from my bank.I also had Jiopos lite and i top up it through credit card.
The annual charges on debit card. When i opened jupiter they said it’ll be free forever but now it is not. Although I don’t have any problem with charges.
Overall my experience with jupiter is great. I love jupiter and i am not going anywhere.
Everyone share his/her experience, we all are listening