# Zero Forex Markup

**URL:** <https://community.jupiter.money/t/zero-forex-markup/16780>\
**Category:** Jupiter app\
**Created:** [2 December 2021 17:50 UTC](https://community.jupiter.money/t/zero-forex-markup/16780 "2021-12-02T17:50:16Z")\
**Posts on this page:** 16\
**Page:** 1

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**Author:** ![divyrangan](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/divyrangan/32/1283_2.png) [@divyrangan](https://community.jupiter.money/u/divyrangan)\
**Post date:** [2 December 2021 17:50 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/1 "2021-12-02T17:50:16Z")

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I just noticed that Jupiter has stopped giving 5% Cashback on international transactions but has made them free. Is this a temporary policy change or it’s zero forex markup forever.

If this change is happening, I am really considering to close my Fi account.

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**Author:** ![goneo](https://avatars.discourse-cdn.com/v4/letter/g/e19b73/32.png) [@goneo](https://community.jupiter.money/u/goneo)\
**Post date:** [2 December 2021 18:19 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/2 "2021-12-02T18:19:25Z")

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Changed. Benefit of competition I guess.

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**Author:** ![alexnazy](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/alexnazy/32/18797_2.png) [@alexnazy](https://community.jupiter.money/u/alexnazy)\
**Post date:** [4 December 2021 13:34 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/3 "2021-12-04T13:34:03Z")

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@Shawnpinto Is this true? Can you confirm this?

If yes, wish Jupiter had done this 15 days back… I wouldn’t have opened Fi account. ☹

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**Author:** ![Jiten](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/jiten/32/72_2.png) [@Jiten](https://community.jupiter.money/u/Jiten)\
**Post date:** [4 December 2021 13:54 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/4 "2021-12-04T13:54:21Z")

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This is true. Sad part is that our earlier offering was more powerful but consumers didn’t understand the benefits well. So we made it more simpler now

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**Author:** ![Jiten](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/jiten/32/72_2.png) [@Jiten](https://community.jupiter.money/u/Jiten)\
**Post date:** [4 December 2021 13:55 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/5 "2021-12-04T13:55:18Z")

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This will continue . We might introduce few limits in future on quantum.

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**Author:** ![divyrangan](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/divyrangan/32/1283_2.png) [@divyrangan](https://community.jupiter.money/u/divyrangan)\
**Post date:** [4 December 2021 14:07 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/6 "2021-12-04T14:07:21Z")

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can you explain the limits that you are considering, because this particular decision by Jupiter is making me consider to close my Fi account and I really don’t want to regret on that.

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**Author:** ![alexnazy](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/alexnazy/32/18797_2.png) [@alexnazy](https://community.jupiter.money/u/alexnazy)\
**Post date:** [4 December 2021 14:33 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/7 "2021-12-04T14:33:05Z")

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Thanks @Jiten 🙂

I agree that the rewards (Jewels) was good. But with restricted categories (qualified purchases), it was getting very confusing. This is simpler indeed.

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**Author:** ![Krishnendu\_Chowdhury](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/krishnendu_chowdhury/32/7891_2.png) [@Krishnendu\_Chowdhury](https://community.jupiter.money/u/Krishnendu_Chowdhury)\
**Post date:** [6 December 2021 06:19 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/8 "2021-12-06T06:19:35Z")

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@Jiten @Shawnpinto  
The new offer is simpler and should be more marketable  
but even then I feel Jupiter is not doing good enough ‘promotion/marketing’ of this superb Zero Forex Mark-up offer  
It should appear in the front of home page as well as rewards page instead of being hidden under explore more within rewards page

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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:** [6 December 2021 06:56 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/9 "2021-12-06T06:56:05Z")

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**Author:** ![Anshul\_9](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/anshul_9/32/3955_2.png) [@Anshul\_9](https://community.jupiter.money/u/Anshul_9)\
**Post date:** [9 December 2021 05:40 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/10 "2021-12-09T05:40:49Z")

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Could someone shed some light on the currency conversion charges?  
For example if 1 USD = Rs. 75 (assuming that), and I spend $100 USD through the Jupiter card, approx. how much would it cost in rupees?

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**Author:** ![Anshul\_9](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/anshul_9/32/3955_2.png) [@Anshul\_9](https://community.jupiter.money/u/Anshul_9)\
**Post date:** [9 December 2021 05:49 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/12 "2021-12-09T05:49:37Z")

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Thanks a lot Divy! That’s way better than what I’ve been paying through Kotak, PayTM, and Paypal. Gotta try this out.

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**Author:** ![kneelesh48](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/kneelesh48/32/2576_2.png) [@kneelesh48](https://community.jupiter.money/u/kneelesh48)\
**Post date:** [10 December 2021 09:03 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/13 "2021-12-10T09:03:47Z")

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I like the new change better. Earlier you’d be charged 3.5% and get 5% back, essentially gaining 1.5% but I also have a NiyoX bank card which offers zero markup and I preferred that because it’s simpler. Also, I feared if Jupiter ever changes their rewards policy, I’d have to change the card on all my subscriptions back to NiyoX so I just kept using NiyoX card. If I can be assured that Jupiter won’t change the zero markup policy, I’d be willing to switch to Jupiter card for all my subscriptions

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**Author:** ![Gokul](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/gokul/32/4083_2.png) [@Gokul](https://community.jupiter.money/u/Gokul)\
**Post date:** [14 December 2021 01:23 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/14 "2021-12-14T01:23:52Z")

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@Jiten @JupiterTeam As Neelesh pointed, I am too ready to switch my Software, Cloud Storage, VPN Subscriptions etc. which charge in USD yearly to JUPITER Debit Card. I can get rid of an credit card from this yearly subscriptions. I’m fine with maintaining a good balance in account if that can provide zero forex throughout the year. What’s your view on providing zero forex if a decent balance in maintained in future?

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**Author:** ![Jiten](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/jiten/32/72_2.png) [@Jiten](https://community.jupiter.money/u/Jiten)\
**Post date:** [14 December 2021 01:30 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/15 "2021-12-14T01:30:35Z")

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We will have this benefit continued. As I said, we might have certain limits on basic account but no limits for premium account. Exact definition of premium account would be introduced in 4-6 months. But it won’t be onerous

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**Author:** ![cric\_freak](https://avatars.discourse-cdn.com/v4/letter/c/da6949/32.png) [@cric\_freak](https://community.jupiter.money/u/cric_freak)\
**Post date:** [14 December 2021 08:04 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/16 "2021-12-14T08:04:11Z")

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This makes sense i hope it won’t be a lot(MAB) and a decent interest on savings and auto sweep fds are available to ensure bothe Jupiter and consumers are happy in the end.

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**Author:** ![theaaradhyachauhan](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/theaaradhyachauhan/32/10708_2.png) [@theaaradhyachauhan](https://community.jupiter.money/u/theaaradhyachauhan)\
**Post date:** [11 October 2022 06:04 UTC](https://community.jupiter.money/t/zero-forex-markup/16780/18 "2022-10-11T06:04:12Z")

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Hi! I would like to know as of 2022, are zero forex charges applicable only for pro salary account or normal (KYC verified) account too?
