Update: Just got the latest app update and starting July 31st this MAB requirement for rewards is now necessary for basic accounts too
No but they should keep everything in mindā¦, MAB should include savings, pot accounts, gold savings and coming investments.
Jupiter should not be like we donāt care if you have 1Lac in investments but we want your 10k in savings ā¦.
Thatās a good idea to consider. We will discuss and come back on this. May need some time to implement as idea has merit
Also when we are here, you can rethink how Pro account can be offered to more people through the MAB process. Like 10,000 for basic, 25,000 for Pro account?
Right now problem with Pro account is not every company provides this choice to individuals to chose the bank.
But if you have one more clause added to get Pro account that MAB / Investment over 25,000 to retain Pro benefits would help more to Jupiterā¦ in this case, you will have more money to handleā¦ win win for both .
In short , more the customer is willing to trust with his money with you, you provide more exclusive benefits in return.
All accounts
Please implement this asap, the pots and investments counting as MAB makes more sense than just simply keeping money in savings account.
Agreed. @cric_freak
Having the balance in Pots is a fair ask. Check this out - Now we need to maintain MAB to get 1% rewards - #40 by Shawnpinto
I can only see downgrade in jupiter and people start losing interest in jupiter after these changes