jupiter savings account -- Revised schedule of fees and charges

139°
Deal Lieutenant
itsmejerry

This is to inform you about the revised fees and balance requirements for your Federal Bank Savings Account on Jupiter. These were also communicated by Federal Bank on 30 April, 2024 and will be effective on 1 October, 2024.

  1. Average monthly balance requirement
  2. Debit Card annual fee
  3. Requirements for upgrading to PRO

1. Average monthly balance requirement - 5000

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    2. Debit Card annual fee

    The fee has been revised to ₹299 (excl. taxes) and will be applicable to you on your next due date.

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    3. Requirements for upgrading to PRO

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      Disclaimer
      We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
      19 Comments  |  
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      Deal Lieutenant Deal Lieutenant
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      The revised fees for non-maintenance of balance and requirements for PRO will be updated on the app and website by 31st September 2024

      Why do I need to maintain balances?

      Maintaining incremental balances helps you save for the future, earn interest on your balance, and make payments easily.

      When will these charges be implemented?

      Rest assured, these changes are not being implemented immediately and you can maintain balances or upgrade to PRO by the end of October, 2024. In case of low balance, a fee will be charged in November 2024.

      How can I know if I’m meeting the balance requirement?

      You can track your average monthly balance in real-time on Jupiter.

      Deal Cadet Deal Cadet
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      Can I close the Jupiter savings account and keep the CSB card?

      Cool Cool
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      I think it's time to close the Jupiter bank account

      Deal Cadet Deal Cadet
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      ++

      Spearhead Spearhead
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      Mene to jupiter csb credit card hi band krwa dia, kya bekar ka chhoth paal lia tha 🤣

      Helpful Helpful
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      Same, got it closed last month, saving account and credit card both. 

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      Comrade Comrade
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      Maine to first rewards only on pro upgrade wale din hi close kar diya tha

      Generous Generous
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      Abhi 10k ka fd hai.. jantak rahega pro hi rahega na... And 20k ya 40k.fd. kaun sa sahi hai?

      Helpful Helpful
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      Now to maintain pro status you need FD of 40k

      Deal Cadet Deal Cadet
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      I litreally have made a fd of 10,000 yesterday so do I need to increase it or I qualify under old rules ?

      Happy to close my account ...

      Deal Subedar Deal Subedar
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      Jupiter wale hai september 31 ko hi close karnge😂😂😂

      Comrade Comrade
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      card or bank account dono close kar dunga card block kar diya without reason

      Deal Cadet Deal Cadet
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      Card close nahi karna hai sirf bank account close kar sakta hu kya?

      Deal Newbie Deal Newbie
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      pahle zero balance bol kar account open karvaye hai aur bad me minimum amount balance maintain karne ko bol rahe hai

      Deal Cadet Deal Cadet
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      charged 345rs annual fee for virtual debit card 🥲

      replyuser
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