# News about Neo Banks 🗞️

**URL:** <https://community.jupiter.money/t/news-about-neo-banks/564>\
**Category:** Fintechs\
**Tags:** news, qna\
**Created:** [1 June 2020 14:28 UTC](https://community.jupiter.money/t/news-about-neo-banks/564 "2020-06-01T14:28:18Z")\
**Posts on this page:** 20\
**Page:** 46

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**Author:** ![Aswin\_Benny](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/aswin_benny/32/13053_2.png) [@Aswin\_Benny](https://community.jupiter.money/u/Aswin_Benny)\
**Post date:** [7 February 2023 10:55 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/933 "2023-02-07T10:55:19Z")

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Never had any until now. (Federal bank fees page shows fees i think 🤔)

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**Author:** ![Aswin\_Benny](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/aswin_benny/32/13053_2.png) [@Aswin\_Benny](https://community.jupiter.money/u/Aswin_Benny)\
**Post date:** [7 February 2023 10:57 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/934 "2023-02-07T10:57:04Z")

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I expected this before joining fi. I expect same for jupiter too. 😅

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**Author:** ![sani](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/sani/32/14931_2.png) [@sani](https://community.jupiter.money/u/sani)\
**Post date:** [7 February 2023 14:39 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/935 "2023-02-07T14:39:37Z")

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To much confusion 😅 no Bank updated their fees page updates regularly 😒 and there t and c most complicated,

Fed bank take charges but fi don’t take i think.

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**Author:** ![sani](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/sani/32/14931_2.png) [@sani](https://community.jupiter.money/u/sani)\
**Post date:** [7 February 2023 14:40 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/936 "2023-02-07T14:40:16Z")

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It’s called business 😂

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**Author:** ![sani](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/sani/32/14931_2.png) [@sani](https://community.jupiter.money/u/sani)\
**Post date:** [7 February 2023 15:17 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/937 "2023-02-07T15:17:53Z")

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![Screenshot_2023-02-07-19-58-08-970_com.google.android.gm](https://us1.discourse-cdn.com/flex020/uploads/jupiter/original/2X/8/81eb9ed1fe31be5ee84f9d0f414ba929c089504b.jpeg)

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**Author:** ![Surojit\_Ghosh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/surojit_ghosh/32/19406_2.png) [@Surojit\_Ghosh](https://community.jupiter.money/u/Surojit_Ghosh)\
**Post date:** [7 February 2023 17:12 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/938 "2023-02-07T17:12:40Z")

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I just opened account today.  
How is your experience with this ?

I am little worried about my personal data, although i opened through voter id(giving pan/aadhar is too risky).

When i saved this card on paytm, it shows BBK bank, after doing some research on Google I find that it’s a kuwait bank 😯.

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**Author:** ![Biswabiology](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/biswabiology/32/8511_2.png) [@Biswabiology](https://community.jupiter.money/u/Biswabiology)\
**Post date:** [9 February 2023 08:50 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/939 "2023-02-09T08:50:47Z")

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Anyone tried  
[https://niyocc.indialends.in/](https://niyocc.indialends.in/)

Niyo Credit card ?

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**Author:** ![Aswin\_Benny](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/aswin_benny/32/13053_2.png) [@Aswin\_Benny](https://community.jupiter.money/u/Aswin_Benny)\
**Post date:** [14 February 2023 02:13 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/940 "2023-02-14T02:13:41Z")

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![Screenshot_20230214-073651](https://us1.discourse-cdn.com/flex020/uploads/jupiter/original/2X/9/9769b5d8835084047709a43f288cc7b18604773b.jpeg)

cheQ, Looks like a new alternative to cred 🤔.  
Gives 1% cashback on cc repayments as cheq coins.  
1 cheq coin= 1 re

App link: ~~[https://app.cheq.one/3UIC/1qp8ds6g](https://app.cheq.one/3UIC/1qp8ds6g)~~ (_Help someone else by choosing other referal links from below. I already got access, thanks_)

Site link: [https://www.cheq.one/](https://www.cheq.one/)

Has anyone tried this app?

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**Author:** ![Satyajit\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/satyajit_singh/32/9174_2.png) [@Satyajit\_Singh](https://community.jupiter.money/u/Satyajit_Singh)\
**Post date:** [14 February 2023 03:30 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/941 "2023-02-14T03:30:31Z")

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I got early access to this application and if anyone wants to join- [Click Here](https://app.cheq.one/3UIC/9fqlthv8)

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**Author:** ![Shawnpinto](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/shawnpinto/32/7656_2.png) [@Shawnpinto](https://community.jupiter.money/u/Shawnpinto)\
**Post date:** [14 February 2023 05:22 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/942 "2023-02-14T05:22:01Z")

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CheQ, That’s a really good name! 🐈

I can imagine people using these phrases -

“Bro! I CheQ’ed my credit report. It was good”  
Or  
It’s the end of the month, My rent is due. I need to CheQ it.

Hmm.

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**Author:** ![bikesh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/bikesh/32/2120_2.png) [@bikesh](https://community.jupiter.money/u/bikesh)\
**Post date:** [14 February 2023 05:29 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/943 "2023-02-14T05:29:50Z")

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![Screenshot_20230214-105754_CheQ](https://us1.discourse-cdn.com/flex020/uploads/jupiter/original/2X/d/d6e2a666f6661f915a44b40b57eb20ed18a403d5.jpeg)

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**Author:** ![nateavi](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/nateavi/32/10064_2.png) [@nateavi](https://community.jupiter.money/u/nateavi)\
**Post date:** [14 February 2023 05:54 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/944 "2023-02-14T05:54:57Z")

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M curious how cheq will work tho.

Tired of cred’s unending slow as molasses games and wacky animations. Hope cheq is better.

I just need an app to pay my cc bills. And maybe score some points while at it. Cred just goes way overboard.

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**Author:** ![nateavi](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/nateavi/32/10064_2.png) [@nateavi](https://community.jupiter.money/u/nateavi)\
**Post date:** [14 February 2023 05:57 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/945 "2023-02-14T05:57:52Z")

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Welp, guess I’ll have to wait a bit more longer.

 ![image](https://us1.discourse-cdn.com/flex020/uploads/jupiter/original/2X/c/c83d2f0678dd4ee2b6b8c69a9eb21fb6d144405e.jpeg)

I shall stick to Cred until then.

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**Author:** ![Shawnpinto](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/shawnpinto/32/7656_2.png) [@Shawnpinto](https://community.jupiter.money/u/Shawnpinto)\
**Post date:** [14 February 2023 06:35 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/946 "2023-02-14T06:35:38Z")

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They too have a rocket 🤔  
Booooo.

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**Author:** ![Devansh\_Bartwal](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/devansh_bartwal/32/13133_2.png) [@Devansh\_Bartwal](https://community.jupiter.money/u/Devansh_Bartwal)\
**Post date:** [14 February 2023 07:39 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/947 "2023-02-14T07:39:24Z")

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Maybe a rocket to send their users to Jupiter hahah

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**Author:** ![Aswin\_Benny](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/aswin_benny/32/13053_2.png) [@Aswin\_Benny](https://community.jupiter.money/u/Aswin_Benny)\
**Post date:** [14 February 2023 09:11 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/948 "2023-02-14T09:11:42Z")

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How do you use the cred coins? Other than quiz and bid?

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**Author:** ![Satyajit\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/satyajit_singh/32/9174_2.png) [@Satyajit\_Singh](https://community.jupiter.money/u/Satyajit_Singh)\
**Post date:** [14 February 2023 09:27 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/949 "2023-02-14T09:27:41Z")

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A great competition is going to happen between Cred vs CheQ

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**Author:** ![nateavi](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/nateavi/32/10064_2.png) [@nateavi](https://community.jupiter.money/u/nateavi)\
**Post date:** [14 February 2023 09:28 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/950 "2023-02-14T09:28:55Z")

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I like stacking them up, so I don’t spend my coins much…. Except for the occasional “spin” game or whatever the call it.

Kabhi I loose coins for ₹3. Kabhi I get a paltry 40% coins back. It’s lame.

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**Author:** ![Shawnpinto](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/shawnpinto/32/7656_2.png) [@Shawnpinto](https://community.jupiter.money/u/Shawnpinto)\
**Post date:** [14 February 2023 09:39 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/951 "2023-02-14T09:39:41Z")

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I’ve collected so many coins, to the point I’m not sure where to spend them anymore :blob_sweat:  
We don’t have many options tbh, it’s just the daily rewards (10 spins) and Assured vouchers.

I claimed all the badges under Cred Pay too. It doesn’t do anything, but it does allow you to exchange coins for badges. Costs between 1000 to 50,000 coins.

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**Author:** ![Aswin\_Benny](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/aswin_benny/32/13053_2.png) [@Aswin\_Benny](https://community.jupiter.money/u/Aswin_Benny)\
**Post date:** [14 February 2023 10:15 UTC](https://community.jupiter.money/t/news-about-neo-banks/564/952 "2023-02-14T10:15:21Z")

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@nateavi Felt the same…

@Shawnpinto Looks like cred is not trying to add any more features. I am spenting all coins on quiz these days.

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