Which One Would you Prefer ?
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Jupiter money vs fi money which is better ?
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Jupiter Money vs FI Money which is better ?
The banking sector in India is undergoing a major transformation with the advent of Neo Banks in India. With so many Neo-banks in India, there has been confusion about which Neo-banks suit our requirements.
So, which is the best neo-bank in India? Fi money or Jupiter?
lets take a look in feature comparision Jupiter Money vs FI Money -
Jupiter Money vs FI Money
Features | Fi Money | Jupiter |
---|---|---|
Banking Partner (RBI licensed) | Federal Bank | Federal Bank |
Type of Account | -Salary Account. -Deposit Account. |
-Savings Account for all -Pro salary account for employees |
Minimum balance requirement | Zero Balance Account | Zero Balance Account |
DICGC Approval | Yes, upto ₹ 5 Lakhs | Yes, upto ₹ 5 Lakhs |
Health Insurance | No | Yes, upto ₹ 2 Lakhs |
Accidental Insurance | No | Yes, upto ₹ 2 Lakhs |
Debit Card Rewards | Yes | 1% |
On-Demand Salary | No | Yes |
Mutual Fund Investment (SIPs) | Yes | Yes |
US Stock Investing | No, but coming soon | No such features |
Instant Loan | Yes without pre-closure fee | No such features |
Peer-to-Peer Investing Platform | JUMP platform for peer-to-peer investing in partnership with Liquiloans. | No such features |
Rewards | Earn Fi-Coins while making payments, adding fund or opening salary accounts | 1 % reward on Debit card & UPI Purchase |
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.
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https://www.desidime.com/comments/permalink/9558308
Jupiter is like MobiKwik. You never know when your transaction of high value is going to get absolutely 0 rewards so it's not worth the time and risk. They regularly devalue rewards by changing value of jewels or excluding all categories eligible for rewards.
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Both have a habit of freezing the account,
you can see several posts for this freeze issue and also check there twitter page or consumer complaint website.