Jupiter's Rewards are changing, and you have to decide if its for the good or not

@Shawnpinto
Any update on this?

@shikharmakkar Yup. I’ll ping you.

Got an update on Jupiter reward system and it’s pretty much game over.

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Oh well. Here goes the rewards. 1% till 100 on select merchants only.

RIP

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I was expecting it. Cashback was a marketing tool only, whose utility is over now.

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I was not expecting it. But they did mention these rewards were not forever. Anyways, let’s see if they bring any better offers.

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They shouldn’t have reduced the monthly limit of jewels from 500 to 100 & 150 on UPI and debit card spend respectively

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What are those select merchants?

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Top merchants used by Power Users. It will be available after 1st Jan 2022

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I don’t understand what is top merchant and who are power users. I hope at least Amazon/Flipkart are top merchants.

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My assumption is the following:

Power Users: Users who have spent most from their Jupiter Accounts.

Top merchants: Top Merchants are where the above users have spent the most of their money on.

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Now since Jupiter has cut down on rewards and cashback, I’m expecting team will focus more on other things.

Specifically- better customer support and enhanced app with essential features like bill payments, recurring payments, etc.

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I would like a slice of that credit card rewards as well, dm at @DAjayPeter3 on Twitter.
Thanks and regards