India
activeNeobank
- HQ
- Bengaluru
- Fee
- Free core
Jupiter
Indian money app on a partner-bank current account.
Rate this app
6.9Mixed
AlternativesOur take
Desk verdict
Buy Jupiter for the app. Read the partner-bank line for the deposit. Same rule as Fi.
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.
Jupiter lists Partner-bank / NBFC stack under RBI (partner bank) in India. On safeguarding we currently write: DICGC on the partner scheduled bank, up to ₹5 lakh — not on the Jupiter brand. Holder / issuer line: Federal Bank (confirm current partner on the card). An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Free core · metal/credit extras paid; FX N/A on domestic UPI; card FX on overseas spend; ATM Partner-bank ATM rules. This desk would open it for: Urban Indian users who want a prettier Federal Bank account.
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. Desk score 6.9 / 10 (safety 7.0, fees 8.0, features 7.8, app 8.4). Last verified 2026-08-01. Headquartered in Bengaluru, India; founded 2019. None of this is advice — it is a file so you can read the entity before the card colour.
Best for: Urban Indian users who want a prettier Federal Bank account.
Pros
- +Design-forward Indian money app
- +UPI native
- +Metal card as lifestyle object
Cons
- −Not an RBI bank
- −Partner can change
- −Credit/rewards complexity
Account facts
- 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 it actually works
- Custody
- Insured bank deposit
- Local rails
- UPI / INR
- Built for
- Personal
- Settlement
- App-ledger instant; bank rails per corridor
- Review risk
- Fintech reviews can pause inbound while they check a transfer
- Pay surface
- visa · physical · virtual · metal · Google Pay
Safety
DICGC on the partner scheduled bank, up to ₹5 lakh — not on the Jupiter brand
Holder / issuer: 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
FAQ
Is Jupiter a bank?+–
Jupiter is not a licensed deposit-taker in the classic sense. Money, if any, sits with Federal Bank (confirm current partner on the card).
How is money protected?+–
DICGC on the partner scheduled bank, up to ₹5 lakh — not on the Jupiter brand
Where is Jupiter available?+–
We list 1 market desk on the desk. Residency and onboarding rules still sit with Jupiter.
Card and wallets?+–
visa · physical · virtual · metal · Google Pay
Ratings and reviews
No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.
Alternatives
Full alternatives page
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- HQ
- Bengaluru
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- HQ
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- Fee
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