Niyo Global Card vs. Jupiter Forex Card: Which One Will Win Your Wallet?

Here, we’ll tell you about both cards in detail with a point-to-point analysis. So, keep reading to get that.

Firstly, let’s take a look at the features of each card.

Jupiter Money

Jupiter Forex card is a zero balance account card provided for a lifetime free based on the Neo banking system in partnership with the Federal Bank.

It is a debit card with mobile and internet banking facilities and ATMs to deposit and withdraw funds. You can keep track of your transactions by providing periodic bank statements and transfer funds through Electronic fund transfers via Real-time Gross Settlement (RTGS), National Electronic Fund Transfer (NEFT) and Immediate Payment Service (IMPS).

You can open two types of accounts with Jupiter money:

1. Regular savings account 
2. Pro-salary account – As the name suggests, the pro-salary account is for salary employees.

Features of Jupiter Forex card

Let’s discuss the features you will experience while using this card based on our practical experience.

1. DICGC protection:

It means your bank balance up to an amount of ₹500,000 is safe. You get insurance coverage from DICGC, Deposit Insurance and Credit Guarantee Corporation Act.

2. Zero balance account:

Maintaining monthly, quarterly, or annual amounts in your bank account is unnecessary.

3. Reward:

Jupiter Forex card provides you one percentage of rewards for any transaction done with this card, and then Jupiter money can be converted into real money and used further.

 

4. Charges on fund transfer:

Jupiter Forex card charges no amount in case of fund transfers, making it attractive to have from any other card. However, Jupiter’s Forex Charges include 3.5% on transactions above the mentioned limits. However, there are zero forex charges on all spends up to ₹25,000 per month for a pro account. For a salary account, Jupiter Forex charges no forex charges up to ₹1,00,000 per month. 

Niyo Global Card

It provides the best digital savings account with a VISA Signature debit card.

Features of the Niyo Global Card

A set of advantages of using this card based on our practical experience is here below:

1. Worldwide acceptance:

Niyo Global card is acceptable in over 150 countries and can be loaded with over 130 currencies.

2. Visa powered:

Unlike Ru pay and Mastercard, Visa is acceptable everywhere, so you can apply for Niyo Forex Card and use it anywhere in the world. 

3. App:

The Niyo Global App is a simple app providing a currency converter and ATM locator. Enjoy ATM services not only in India but use them internationally too.

4. Safety feature:

In case of loss, theft, damage or blockage of a Niyo Global card, the card can be unblocked and blocked again. You can do this through the app, which is available on the app store and Google Play Store.Some other benefits of the Niyo Global Card which will ensure that you opt for this card only- 

• Zero forex markup 
• Complimentary airport lounge access at selected international terminals
• Load in INR and use in 150+ countries and 130+ currencies
• Easy ATM withdrawals globally
• Earn global coins on domestic spends
• Swift card delivery
• 24/7 chat support
• You can live stress-free with a super-secure card system
• No hidden fees
• Zero balance accounts
• Ease in the opening of account 
• One year free debit card
• Replacement of old or lost cards
• Controls like ‘Sleep’ and ‘Freeze’

You can also read: Niyo Global Card vs. YES BANK Forex Card

Jupiter VS Niyo Global Cards

Based on some essential points, let’s have a key difference between Jupiter Money and Niyo Global Card.

<td style=“background-color:

fff;">No

<td style=“background-color:

fff;">A fee of ₹21 will apply for each cash withdrawal and ₹11 for non-financial transactions, exclusive of GST, once the limit for free transactions is over at non-Federal ATMs<td style=“background-color:

fff;">Niyo Global Credit Card by SBM Bank - ₹300+GST Niyo Global Debit Card by Equitas Bank - ₹110+GST Niyo Global Debit Card by DCB bank - ₹300+GST

<td style=“background-color:

fff;">PRO and Salary account holders: Up to ₹ 25,000 per month (for PRO Account) Upto ₹ 1,00,000 per month (for Salary Account) Beyond the mentioned limits, there will be 3.5% Forex Fees<td style=“background-color:

fff;">Nil

<td style=“background-color:

fff;">₹299+GST<td style=“background-color:

fff;">None

<td style=“background-color:

fff;">₹299+GST<td style=“background-color:

fff;">

<td style=“background-color:

fff;">₹199 + GST There is no annual fee for the first year and is applicable from 2nd year onwards.<td style=“background-color:

fff;">No

Basis of Difference	Jupiter Money	Niyo Global Card
Transaction Fee	fff;">No
ATM withdrawal charges
Cross Currency Fees
Issuance Fee
Replacement Fees
Annual Maintenance Fee