Jupiter Savings Account Basic info queries

Hey,

I would like to know following informations

Is this a ZERO BALANCE A/C?

Debit card comes with Zero Issuance & Annual fees?

What’s the forex markup rate? Zero?

Where I can see the SoC?

1 Like

Yes it’s a zero balance account.
Debit card comes with no cost it’s lifetime free.
Wait for an official update on forex markup charges.

3 Likes

Jupiter is expecting customers to keep ₹25K+ in order to enjoy all the features they are supposed to offer.

That’s a different things. The account is zero MAB

Any other charges like SMS charges?

Hey Ashish, not sure how did you get this information.

But @piyush just clarified to us here about the FCY on Jupiter Debit card

3 Likes

Done with the edit. My bad this time!

It’s Federal Bank Account with 2.5% savings a/c interest rate p.a…
Now compare with the following:-

  1. SBI: 2.7%
  2. HDFC: 3.5%
  3. Kotak : 4%
  4. IDFC: 4.5%

Why do I need a Federal Bank account?

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