some1anywhere wrote:How devaluation ? Earlier 1% on 100 was 1 Jewel and it was worth 1 Rupee.Content has been removed!
Now 5 jewels on 100 and 5 jewel also worth 1 Rupee.
So 1 rupee on 100 spent both in earlier and proposed reward program.
At Jupiter, we strive to make everything money easy and rewarding. There are already millions of users earning Rewards on Jupiter with more and more joining us every day.
To create more opportunities to earn Rewards in the future, we are making a few changes to how you earn and redeem Jewels.
We are also going to be launching new ways to redeem your Jewels in
exchange for higher-value brand vouchers, offers, and discounts
Rewards Feature | Till May 31st, 2023 | From June 1st, 2023 |
---|---|---|
Jewel Earning |
For eligible users - PRO & Salary Account 1% Jewels on Debit Card Spends (monthly limit of 150 Jewels) 1% on select UPI merchants (monthly limit of 100 Jewels) Example: Earn 1 Jewel on Rs. 100 spent |
For eligible users - PRO & Salary Account 5X Jewels on Debit Card Spends (monthly limit of 750 Jewels) 5X Jewels on select UPI Merchants (monthly limit of 500 Jewels) Example: Earn 5 Jewel on Rs. 100 spent |
Jewel Redemption | Redeem as Cash or Digital Gold 1 Jewel = 1 Rupee | Redeem as Cash or Digital Gold or brand vouchers (coming soon) 5 Jewels = 1 Rupee (for Cash redemption only) |
Jewel Balance | Your current Jewel Balance | Your current Jewel Balance + One-Time Bonus Credit Example: Existing Balance: 100 Jewels New Balance: 500 Jewels |
All brand and other promotional offers will also be updated to the new Jupiter Rewards structure
The new Jupiter Rewards will be available starting 1st June, 2023. During migration from June 1st 12:00 AM to 5:00 AM,
jewel earning and redemption will be paused. All rewards eligible
transactions done during this period, will be credited with jewels
within a couple of days.
Thank you for using Jupiter for everything money!
some1anywhere wrote:How devaluation ? Earlier 1% on 100 was 1 Jewel and it was worth 1 Rupee.Content has been removed!
Is there any trick working to loot 1% jewel cashback on dc & upi?
some1anywhere wrote:
When redeeming jewels for cash, earlier ₹1=₹Jewel. Now ₹1=5 Jewels. So 5 jewels katenge but just ₹1 you will get in account. Unless you buy gift/brand voucher in which case ₹1=still 1 jewel.
Did you read the description properly?
From 1st June onwards, we'll get 5x Jewels instead of 1x. So, reward rate will be same as yet during earning and redemption of jewels to cash, i.e., 1% in monetary value of the transaction amount rounded to lowest 100.
And it's written nowhere that 1 Jewel = ₹1 during Voucher purchasing 1st June onwards.
It's same like Paytm earlier changing its 10 CB Points = ₹1 to 100 CB Points = ₹1.
Cc. @whyred
Oh ok. I missed reading the line "Earn 5 Jewel on Rs. 100 spent" so thought reward rate had decreased. My bad.
Doesn't make any sense.
Just tell me how much i will get .
And what will be value.
Is there any trick to utilize the 1% offer on upi and debit card spends in jupiter?
they could have done a 500x and made the jewels number look even bigger