Hello everyone, I have been using Jupiter from the beginning & I have always used it as my secondary bank account for purchases & expenses but I am thinking to use Jupiter as my main bank account since it provides complete online service & I do not have to go to the branch for some tiny issues & all.
currently, I am using Canara Bank & DBS as my main bank accounts & the service is decent in Canara Bank but again I have to visit a branch for every issue from minor to major & even if I wanna open an FD I can’t do it like I can do it in Jupiter & DBS.
My plan is to use DBS & Jupiter from now on & I am planning to close my Canara Bank account soon, so please tell me your views on this so I can take a better decision.
@SayanBhowmick23 Nice to meet you. I would second your decision to use Jupiter as your primary account. I have been using it as my primary account since Nov 2022 and the experience has been seamless. With the introduction of online banking, the little I had to rely on HDFC or Bank Of Baroda is also no more a concern.
If I choose to use Jupiter & DBS for the rest of the time that will be a good move, is that what you are trying to say?
and how is your overall experience using Jupiter cause I am very satisfied with it so far
My opinion would be to use jupiter for some time (before closing other accounts, see if jupiter can fullfill all your use cases), get a feel out of it and do transition then.
My experience with jupiter is really good so far, I have been using multiple banks and none had matched the customer care experience I have with jupiter. My main point for choosing jupiter is the customer care,the pots feature and the complete online experience.
I have only visited the federal bank branch 2 times (one for getting passbook and other for depositing some amount), while for other accounts I had visited multiple times even for silly reasons. “Go to your home branch” was something I used to hear regularly from traditional banks
If your focus is complete online experience. I would prefer jupiter
You might have issues with deposting liquid money you have to jupiter (You may not have that requirement). I solved it by depositing it in SBI (lots of branches near my area) and then doing a transfer to jupiter.
Well I see your point & TBH I hate visiting branches for silly reasons as well & I have one more question since I only have done debit card transactions (The tap to pay is the thing I use all the time with the debit card mostly) so far since I have opened my account
how good is the UPI & QR scan feature of Jupiter (within app QR scan & pay feature)?
Frankly speaking, UPI scan and pay was not really good to me previously until the last update. (Not sure if the update was public or for testers only)…
Now it is really good, qr code detection is really pro now. Some cases I have found it to be better than paytm and gpay in terms of speed of detection. You can also access qr code scanner of jupiter quickly if you long press jupiter’s app icon for some time (depends on launcher of your device).
You can also you jupiter in gpay, paytm or other upi apps by selecting federal bank.(you might already know this one)
Like what is the other charges of the canara bank. I also have a account in the pnb but I’m keeping it because the some services like cash deposit and cheque have a good free limit.
canara charges 100+gst to close account congratulations for your decision I mainly use jupiter for day today transactions upi infrastructure is really good in federal bank also tracking transactions help me develop a good financial discipline.
Canara Bank charge almost for every service, for example, any kinda SMS alert, debit card AMC & even for registered mobile number or email updation
As a consumer, I felt these are absurd charges after using Jupiter since in Jupiter we can bypass the AMC charges of debit card if the NRV is 10k & many more advantages here that is why I created this thread so I can get a clear idea what to do
Ya, you need to be careful and not do things which costs in the canara. Like I know that there is a AMC for the debit card in the pnb I have not taken the debit card from pnb. The federal have a limit of the 10k per month which is minuscule in comparison to the pnb. The pnb have a 1 lakh rupees free cash deposit limit per day. So, collectively it’s 30lakhs per month free cash deposit. And with per day it’s pretty high that I have never even reached the half of the free cash deposit limit like I might need to max 20-30k in the bank so I can do that easily for the pnb bank and then transfer it my federal bank account via upi. I know they charge too much they even charge for the online rtgs and neft. So, I have simply divided everything like what I do with my pnb bank and what I do with my jupiter bank account.
that’s exactly what I am doing with my funds haha
1 week ago I had to visit the branch to update my mobile number & after updation, they charged me flat 59 Rs which is absurd IMO
In 2020, I opened a regular savings account with Canara Bank specifically for fellowship purposes. I have only visited the branch on two occasions. The first visit was, of course, on the day I opened the account, and the second visit was to inquire about a delay in receiving my ATM card.
I can see them improving on various aspects, and I rate their application Ai1 (earlier called CANDI) above SBI YONO.
This is quite a problem with the government banks that they don’t tell that if you are doing this then this amount will be charged I had lost 236 rupees because of me updating the nominee in the pnb one app and I was no where written in app that the any update is going to cost that much.
Ya, the government bank have the problem of the delivery of the atm cards,ny father got his atm card after 4 months and many of my friend had to just reapply the card cause it didn’t reached and the bank had no info of the atm card.
