Jupiter has changed rewards and way of redemption . The details are not known but got notification about it . In app reward section was cracked . Let see what happens now .
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Please tell me what changed now?.
We wanted to let you know that weโre making changes to our Rewards Terms & Conditions. These will affect the way Rewards are earned and redeemed on Jupiter.
Thereโs no action needed from you.
We encourage you to read more about these changes on our Terms & Conditions page. You can also view these changes by visiting the Rewards tab on the Jupiter app. Here are the highlights.
Whatโs changing
Rewards make your experience better, and weโve made them more secure and responsible. With these new changes, weโll be able to reward Qualified Purchases only.
Weโve seen some folks abusing Rewards on Jupiter. So weโve introduced the concept of โQualified Purchases for Rewardsโ . This means that some transactions, which arenโt Qualified Purchases , will not be eligible for Rewards anymore. Thatโll help prevent the misuse of Rewards, and will enable us to give more benefits to genuine users in the future.
These updated terms will apply to all transactions made 1st September 2021 onwards:
- Rewards for Domestic Qualified Purchases, made using Debit Card & UPI, will be redeemable 15 days after you earn them. On the app, youโll be able to see the date after which you can convert Rewards to cash. Weโre doing this to account for refunds/reversals of transactions and to prevent misuse.
- Rewards for International Qualified Purchases, made using Debit Card & UPI, will be redeemable 45 days after you earn them. Everything else will work the same way as for Rewards earned on Domestic spends.
- Payments for digital wallets, credit or loan products, or online gaming platforms will not be eligible for Rewards. In addition, transactions at gambling platforms, financial, legal or political institutions will also not be rewarded.
- Jupiter will have the sole and final discretion in identifying a purchase as a Qualified Purchase for Rewards.
Our commitment to giving you an amazing & transparent experience on Jupiter hasnโt changed. As we grow, we may take steps to prevent misuse of features. Just to make sure that genuine usage of the Jupiter app gets its fair share of benefits.
Thank you for being one of the first few Jupiter members, and please visit Jupiter Help if you have any questions.
Team Jupiter 
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