India
closedNeobank
- HQ
- Bengaluru
- Fee
- Free core
Jupiter
Indian money app on a partner-bank current account.
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6.9Mixed
AlternativesFive questions
At a glance
Is it a bank?
No. Jupiter is not a bank. Your money sits with Federal Bank (confirm current partner on the card).
If it fails?
DICGC on the partner scheduled bank, up to ₹5 lakh — not on the Jupiter brand
Salary?
Not listed. An IBAN or sort code is not automatically a salary account.
Open from abroad?
Residency and KYC are gated. An App Store listing is not proof you can onboard.
Monthly fee
Free core · metal/credit extras paid
Account number
No IBAN-class local rail on this file.
NeoBankDB Verdict
Licence first · score second
6.9
/10 · Mixed
Buy Jupiter for the app. Read the partner-bank line for the deposit. Same rule as Fi.
What it is
Jupiter is a Bengaluru fintech. Deposits sit at a scheduled commercial bank partner (historically Federal Bank). DICGC follows that bank. UPI already made transfers free, so Jupiter sells UX, cards, and credit.
Best for: Urban Indian users who want a prettier Federal Bank account.
Last checked 2026-08-01. Not advice.
What it does well
- +Design-forward Indian money app
- +UPI native
- +Metal card as lifestyle object
What to watch
- −Not an RBI bank
- −Partner can change
- −Credit/rewards complexity
Who holds the money
The account
- Platforms
- iOS · Android
- Account types
- Savings · credit · UPI
- Partner bank
- Federal Bank
- Minimum balance
- ₹0
- Lowest monthly fee
- ₹0
- Who can open
- Indian residents
- Availability
- India
How money actually moves
- Who holds the cash
- Current account at a partner bank
- How money moves
- UPI / INR
- Built for
- Personal
- Settlement
- App-ledger instant; bank rails per corridor
- Freeze risk
- Fintech reviews can pause inbound while they check a transfer
- Card
- Jupiter lists a physical card and a virtual card and a metal card on visa, plus Google Pay. Confirm the live product in the app — a card is not a current account.
Licence first
Safety
DICGC on the partner scheduled bank, up to ₹5 lakh — not on the Jupiter brand
Who holds the money: Federal Bank (confirm current partner on the card)
- RBI (partner bank)Partner-bank / NBFC stack · India
Fees
- Monthly
- Free core · metal/credit extras paid
- FX markup
- N/A on domestic UPI; card FX on overseas spend
- ATM
- Partner-bank ATM rules
Features
- –IBAN
- ✓Fee-free core
- –Multi-currency
- –Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- ✓Metal card
- –Crypto
- –Stocks
- –Business
- –Kids
- –Halal
- Partner-bank savings/current
- UPI
- Debit and metal cards
- Rewards and credit products
- Invest and save pots
Score
- Safety25%
- 7.0
- Fees20%
- 8.0
- Features15%
- 7.8
- App15%
- 8.4
- Global15%
- 3.0
- Support10%
- 6.4
Change log
Full logNo dated notes yet. When the licence, fees, or status moves, it lands here.
Available in
Straight answers
FAQ
01Is Jupiter a bank?
No. Jupiter is filed as Partner-bank / NBFC stack. The money sits with Federal Bank (confirm current partner on the card).
02What happens to money in Jupiter if it fails?
DICGC on the partner scheduled bank, up to ₹5 lakh — not on the Jupiter brand
03What does Jupiter charge each month?
The monthly fee on this file is Free core · metal/credit extras paid. Fees change — open the operator's pricing page if it is linked.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
Alternatives
activeNeobank
- HQ
- Bengaluru
- Fee
- Product-dependent; forex cards often zero annual
activeFeaturedNeobankBusiness banking
- HQ
- London
- Fee
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