Changes in Jupiter rewards

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Deal Cadet
whyred

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


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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!

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Deal Cadet Deal Cadet
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some1anywhere wrote:

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How devaluation ? Earlier 1% on 100 was 1 Jewel and it was worth 1 Rupee.

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.
Flame Flame
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Is there any trick working to loot 1% jewel cashback on dc & upi?

Benevolent Benevolent
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whyred wrote:
How devaluation ?
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.
Analyst Analyst
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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

Benevolent Benevolent
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Oh ok. I missed reading the line "Earn 5 Jewel on Rs. 100 spent" so thought reward rate had decreased. My bad.

Like Magnet Like Magnet
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Doesn't make any sense.

Just tell me how much i will get .

And what will be value.

Cool Cool
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Is there any trick to utilize the 1% offer on upi and debit card spends in jupiter?

Deal Cadet Deal Cadet
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they could have done a 500x and made the jewels number look even bigger

Deal Cadet Deal Cadet
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Shubham_G wrote:

Is there any trick to utilize the 1% offer on upi and debit card spends in jupiter?

some cc bill pay
Cool Cool
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raknaz wrote:
some cc bill pay
Amazon one stopped working some time ago. Can you dm if its working someplace else
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