Jupiter Debit Card

Just like credit cards, you can earn rewards on your transactions via Jupiter Debit Card. Besides this, it is popularly known for its zero forex markup fee, which is mostly offered on premium credit cards. Below mentioned are some of the major features and benefits of this debit card:

Reward Points: You can earn Jewels on your transactions and later redeem them against cash into your account. Here are the details regarding the same:

• 1% reward points (Jewels) on all the purchases
• You can redeem Jewels as cash straight into your account
• Earned Jewels do not have an expiry, you can redeem them till your card is active

Look out for Best Credit Cards for Reward Points if you want to earn better rewards on your transactions.

 Forex Markup Fee: This debit charges zero forex markup fee on your international spends. However, this is applicable only as per the below terms and conditions:

• For Pro Account: Transactions of up to Rs. 25,000 per month
• For Salary Account: Transactions of up to Rs. 1 lakh per month

Also read: Best Credit Cards for International Use

Jupiter Debit Card is offered only to people who are associated with the brand. It is must to have a Savings or Salary account with the Jupiter or Federal Bank to avail a debit card.

The fees and charges applicable to Jupiter Debit Card are mentioned in the table below:

Fee Type	Amount
Issuance  Fee	Rs. 299
Replacement Fee	Rs. 299
Annual Fee	Rs. 199*
Transaction Fee	No charges for Federal Bank ATMs Free for first 5 transactions per month After 5 transactions, Rs. 21 for cash withdrawal & Rs. 11 for balance check or mini statement per transaction

*Annual fee waiver is offered on any of the below-mentioned conditions:

• Applicable merchant spends* of minimum Rs. 25,000 in the succeeding 12 months from the card issuance date
• PRO & Salary account for any 6 out of 12 months from the card issuance date

You can apply for a Jupiter Debit Card online by visiting Jupiter’s official website. Follow the below-mentioned steps to apply for this debit card:

Step 1: Visit the official website of Jupiter.

Step 2: Log in to the mobile app using your credentials.

Step 3: Click on the “Apply Now” button to apply for the debit card.

Step 4: Fill out the required details like name, phone number and more. Also, if required you will be asked to submit a copy of your KYC.

Step 5: Pay the card issuance charges through UPI or any other online mode.

Step 6: You will receive a physical debit card which will be emailed to the address submitted by you in the application form.

Know about Federal Bank Credit Cards that allow you to save more on your transactions.

It is important to have an account with Jupiter or Federal Bank to avail this debit card. However, if you do not have an account with any one of these. You can open a Jupiter account online which allows you to automatically open an account with Federal Bank. Here are the steps that you need to follow to open a Jupiter account:

Step 1: Download the Jupiter Money app on your mobile phone.

Step 2: Enter the mobile number which is linked with your Aadhaar Card.

Step 3: After this, you are required to enter your PAN number.

Step 4: You will be redirected to a page where you will be required to enter your Aadhaar number and the OTP received on it.

Step 5: Enter additional details like email, mother’s name, father’s name, etc.

Step 6: Select your occupation, annual income and other details.

Step 7: Check the entered information and click on the “Continue” button to proceed with the application process.

Step 8: Create the MPIN of your choice which will be required every time you log in to the app.

Step 9: The bank will process your request and open your Jupiter account.

Q. How long does it take to get a physical Jupiter Debit Card?

A. After applying for the debit card, the bank will verify your details and process your request. You will receive the physical debit card within 7 days at the address submitted by you at the time of application.

Q. Is it necessary to submit PAN to apply for Jupiter Debit Card?

A. Yes, it is mandatory to submit PAN when you open an account with Jupiter. In order to avail a debit card, you must have an account with Jupiter or Federal Bank. Therefore, it is important to submit your PAN.

Q. Can I withdraw cash using my Jupiter Debit Card?

A. Yes, you can withdraw cash from any of the ATMs available across the country. However, all cash withdrawal transactions will be free for Federal Bank ATMs. Besides this, you will get only 5 free transactions in a month for any other ATM.

Q. How can I apply for a Jupiter Debit Card?

A. You can apply for a debit card offered by Jupiter through its mobile app. Besides this, you can also visit any of the Federal Bank branches and contact an executive to apply for Jupiter Debit Card. However, it is must to have a Savings or Salary account with Jupiter or Federal Bank to apply for this debit card.

Q. Is there any fee charged for cash withdrawal transactions through Jupiter Debit Card from any ATM outside India?

A. Yes, a cash withdrawal fee of Rs. 100 per transaction along with a forex markup fee of 3.5% will be charged on all international ATM withdrawals.