Now the reward for voucher is totally waste ,
For salary account holder the rewards for voucher were like 50x, 30x for some brands .
Today morning all the the above reward structure is reduced to 5x, 3x.
@Jiten , what’s this, your experience for banking and reward is getting worst each day.
Please stick on with your promises as the trust is key for all.
Kindly notify for any changes you are getting into the system.
As having an interactive community is helpful for business.
Kindly provide a better experience for the user.
Feedback & Ideas Help General
This was bound to happen. Nothing lasts forever.
Jupiter is going from growth stage to profitability stage. So they will cut the losses and expenses.
It started with Debit card charges. Now this…
@Devansh_Bartwal I feel you… But I am thinking this is a good thing. The business is getting confident that they are producing value and so rewards are not important. People who would generate revenue would stick with it.
There is no point in giving out rewards for 2 years and then the business goes under. I think we have multiple examples of that. It’s our time and effort wasted too. Instead the business gets customers, then it makes money, flourishes and adds value to your life. Now that’s mo…
Means? in the event of closing down?
Yes, its absolutely safe since its insured with RBI
The thing is Jupiter doesn’t handle our money. Federal Bank does and Federal Bank is regulated by RBI and hence your money upto Rs.5 lakhs (including savings, fixed deposits, Pots, Super Pots, recurring deposits, etc) is insured by DICGC.
Deposit Insurance and Credit Guarantee Corporation (DICGC) is a specialised division of Reserve Bank of India which is under the jurisdiction of Ministry of Finance, Government of India. It was established on 15 July 1978 under the Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities.
DICGC insures all bank deposits, such as saving, fixed, current, recurring deposit for up to the limit of Rs. 50...