Jupiter Debit Card review, charges and fees

The Jupiter Debit Card is a financial product offered by Jupiter Money, an Indian neobank that provides a range of banking services, including savings accounts, investments, and loans. Here is a review of the Jupiter Debit Card, its charges, and fees:




Features:
  1. The Jupiter Debit Card is a Visa card that can be used to make purchases at any merchant that accepts Visa payments.
  2. The card can be used to withdraw cash from ATMs in India and abroad.
  3. It comes with a contactless payment feature, which allows you to make payments by simply tapping your card on a payment terminal.
  4. You can control your card's security features, such as locking or unlocking it, setting spending limits, and disabling certain types of transactions, through the Jupiter mobile app.
  5. You can also use the app to view your transaction history and get real-time notifications for all card transactions.
  6. Charges and Fees:
  • The Jupiter Debit Card is issued for free to all Jupiter customers who open a savings account with the neobank.
  • There are no annual maintenance fees or minimum balance requirements for the card.
  • The card can be used for free at all Visa-enabled ATMs in India for the first five transactions per month. After that, a fee of ₹20 plus GST is charged per withdrawal.
  • For international ATM transactions, a fee of ₹150 plus GST is charged per withdrawal.
  • There are no charges for making purchases with the card within India or abroad.
  • The card comes with a default daily transaction limit of ₹2 lakh, which can be increased or decreased as per your preference through the Jupiter app.
  • There are no charges for replacing a lost or damaged card, although a delivery fee of ₹100 plus GST may apply if the replacement card is delivered to an address outside of India.

Overall, the Jupiter Debit Card is a feature-rich card that comes with a range of security features and is issued for free to all Jupiter customers. The charges and fees associated with the card are reasonable and competitive with other similar cards in the market.


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