The Jupiter Edge Credit Card is a digital-first credit card launched by Jupiter, a neobank known for its tech-driven approach to banking. This card is designed to offer a seamless, transparent, and rewarding experience to modern consumers who prefer managing their finances through digital platforms. With its user-friendly app, attractive reward structure, and no joining or annual fees, the Jupiter Edge Credit Card is an appealing choice for young professionals and tech-savvy individuals looking for a straightforward, value-driven credit card.
Overview
| Feature | Details |
|---|---|
| Card Type | Fintech Credit Card |
| Reward Rate | Up to 1.5% cashback on all transactions |
| Reward Value | Cashback is credited directly to your account |
| Joining Fee | Nil |
| Unique Selling Points | Digital-first experience, no annual fees, real-time spend tracking |
| Rating | ★★★★☆ (4.4/5) |
Jupiter Edge Credit Card Fees and Charges
| Fee Type | Details |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Finance Charges | 3.5% per month (42% per annum) |
| Foreign Transaction Fee | 3.5% + GST |
| Cash Advance Fee | 2.5% of the amount withdrawn (min ₹300) |
| Late Payment Fee | ₹100 to ₹1,000 depending on the outstanding balance |
Jupiter Edge Credit Card Benefits
Digital-First Experience
- App-Based Management: The Jupiter Edge Credit Card is managed entirely through the Jupiter app, allowing you to track spending, make payments, and manage your card with ease.
- Instant Notifications: Receive real-time alerts for every transaction, helping you stay on top of your spending and avoid any fraudulent activity.
Rewards Program
- Up to 1.5% Cashback: Earn up to 1.5% cashback on all your transactions, making this card highly rewarding for everyday spending.
- Direct Cashback: The cashback earned is credited directly to your account, offering immediate value without the need to accumulate points.
No Hidden Fees
- No Joining or Annual Fees: The Jupiter Edge Credit Card comes with no joining or annual fees, ensuring you enjoy all the benefits without any hidden costs.
- Transparent Charges: All fees and charges are clearly communicated, promoting transparency and helping you avoid unexpected expenses.
Smart Spend Insights
- Spend Tracking: The Jupiter app provides detailed insights into your spending patterns, helping you manage your finances more effectively.
- Budgeting Tools: Set spending limits and receive alerts when you are close to exceeding them, helping you stay within your budget.
Security Features
- Instant Card Lock: If you lose your card or detect suspicious activity, you can instantly lock your card through the app to prevent unauthorized transactions.
- Virtual Card Option: Use a virtual version of your Jupiter Edge Credit Card for online transactions, adding an extra layer of security.
Rewards
| Spending Category | Rewards |
|---|---|
| All Purchases | Up to 1.5% cashback on every transaction |
Redemption
- Direct Cashback: Cashback is automatically credited to your account, so there’s no need to worry about redeeming points or navigating complex rewards programs.
Jupiter Edge Credit Card Usage
- Online and Offline Shopping: Use the Jupiter Edge Credit Card at any merchant that accepts Visa cards, both online and offline.
- Bill Payments: Pay your utility bills, mobile recharges, and other regular expenses using the Jupiter Edge Credit Card and earn cashback on every transaction.
Airport Lounge Access
The Jupiter Edge Credit Card does not currently offer airport lounge access, focusing instead on providing strong cashback rewards and a seamless digital experience.
Foreign Transaction Fee
| Feature | Details |
|---|---|
| Foreign Transaction Fee | 3.5% + GST |
Eligibility
- Age: 18 years and above.
- Income: Minimum annual income of ₹3 lakh.
- Employment: Available to salaried and self-employed individuals.
How to Apply?
Online Application
- Download the Jupiter app from the Google Play Store or Apple App Store.
- Complete the KYC process within the app.
- If eligible, you’ll receive instant approval and a virtual card for immediate use.
- The physical card will be delivered to your address.
Jupiter Edge Credit Card Review
Editor’s Rating
Summary
The Jupiter Edge Credit Card is a modern credit card designed for individuals who prefer managing their finances digitally. With no joining or annual fees and up to 1.5% cashback on all transactions, it offers excellent value for money. The ability to manage everything through the Jupiter app, combined with instant notifications and smart spending insights, makes this card particularly attractive to young professionals and digital-savvy users. While it lacks premium features like airport lounge access, it excels in providing everyday financial rewards and convenience, making it an ideal choice for those who prioritize simplicity and transparency in their banking experience.
Pros and Cons
| Pros | Cons |
|---|---|
| No joining or annual fees | No airport lounge access or premium travel benefits |
| Up to 1.5% cashback on all transactions | Foreign transaction fee of 3.5% + GST |
| Fully app-based management with instant notifications | Limited to domestic use and rewards |
| Smart spending insights and budgeting tools | No traditional credit card benefits like insurance coverage |
Similar Cards to Jupiter Edge Credit Card
| Feature | Jupiter Edge Credit Card | OneCard | Fi-Federal Bank Credit Card |
|---|---|---|---|
| Annual Fee | Nil | Nil | Nil |
| Reward Rate | Up to 1.5% cashback on all transactions | 1 Reward Point per ₹50 spent | 5% reward rate in Fi-Coins |
| Card Material | Plastic | Metal | Plastic |
| Eligibility | Available to individuals with a minimum income of ₹3 lakh | Based on credit profile | Available to individuals with a minimum income of ₹3 lakh |
| Foreign Transaction Fee | 3.5% + GST | 1% + GST | 3.5% + GST |
Comparison
OneCard vs Jupiter Edge Credit Card
The OneCard is a popular choice for users who prefer a premium feel with its metal design and a straightforward rewards structure. While the Jupiter Edge Credit Card offers up to 1.5% cashback, OneCard’s reward structure of 1 Reward Point per ₹50 spent with a metal card design might appeal more to those who value aesthetics and premium build quality. Both cards are fee-free and cater to digital-savvy users, so the choice between them comes down to personal preference for cashback versus reward points.
Fi-Federal Bank Credit Card vs Jupiter Edge Credit Card
The Fi-Federal Bank Credit Card offers a higher reward rate of 5% in Fi-Coins but focuses heavily on digital banking and financial insights. The Jupiter Edge Credit Card, with its straightforward cashback structure and no fees, is more suitable for those who prefer simplicity and immediate rewards. If you’re looking for a higher reward rate and are comfortable with Fi-Coins, the Fi-Federal Bank Credit Card might be a better option. However, for easy-to-understand cashback rewards, the Jupiter Edge Credit Card stands out.
FAQ
What is the annual fee for the Jupiter Edge Credit Card?
The Jupiter Edge Credit Card has no annual fee, making it a cost-effective option for users.
How do I earn cashback with the Jupiter Edge Credit Card?
You earn up to 1.5% cashback on all transactions, and the cashback is credited directly to your account.
Does the Jupiter Edge Credit Card support international transactions?
Yes, the card supports international transactions with a foreign transaction fee of 3.5% + GST.
How do I manage my Jupiter Edge Credit Card account?
You can manage your card entirely through the Jupiter app, which offers real-time tracking, spending insights, and budgeting tools.
Are there any hidden fees with the Jupiter Edge Credit Card?
No, the Jupiter Edge Credit Card has no hidden fees, and all charges are transparently communicated through the app.
