Edge Federal Bank Visa Credit Card (Jupiter)

Federal Bank · Discontinued

A Jupiter-app co-brand card issued by Federal Bank that paid Jewels (5 Jewels = ₹1): 2 Jewels per ₹100 on most spends and 10 per ₹100 at a chosen category with a booster pack. Annual fee ₹999, waived at ₹1.2 lakh of spend. No cash withdrawal. Federal now lists it as discontinued.

Annual fee
₹999 + GST a year
Joining fee
None
Fee waiver
Annual fee waived on ₹1,20,000 spend per card year
Base rate
2 Jewels per ₹100 on qualifying transactions of ₹100 or more: 2 Jewels per ₹100 (about 0.4% at cash value)
Lounges
Domestic: 1 visit a calendar quarter after ₹90,000 spend
Forex markup
2%
Data
From bank documents, checked 6 Nov 2026

Earns nothing on

  • No Jewels on wallet loads and rent
  • No Jewels on cash, money transfers, crypto and brokers
  • No Jewels on betting, lotteries and online gambling, or on digital games

Where the sources disagree

  • add-on card fee: Federal's April 2026 charges schedule lists an additional card fee of ₹249; Jupiter's MITC says the add-on annual fee is Nil. No add-on fee is recorded.
  • late payment fee: Jupiter's MITC says 2% of the outstanding amount due, minimum ₹100, plus GST, with no fee under ₹500 outstanding; Federal's April 2026 schedule lists a flat ₹2,000.

Terms the calculator does not value

  • Category booster: 10 Jewels per ₹100 (2% in value) at merchants in the cardholder's chosen category, "depending on the booster pack purchased", with its own cap of up to 15,000 Jewels a cycle depending on the pack. The categories and the pack prices are not in the sources read, so the booster is not valued.
  • The terms' list of MCCs that earn no Jewels also names some codes that cover only part of our categories, so these are not modelled as exclusions: 5983 (fuel oil, wood, coal and LPG dealers; petrol stations 5541 and 5542 are not listed), 9211 (court costs), 9222 (fines) and 9223 (bail and bonds; tax payments 9311 and government services 9399 are not listed), and 5933 (pawn shops), 5935 (salvage yards), 8651 (political organisations) and 8661 (religious organisations), which fall in no category of ours.
  • The card is discontinued. What happened to existing cardholders' Jewels and cards (including the unverified report of a move to Imperio) is not known.
  • Insurance: the monthly cap of Federal's MITC, section 6 ("The Reward Points accrued for Insurance transactions (6300 & 5960) will have a monthly capping of 250 points per card per calendar month"), does not apply to this card. That section's table covers Federal Reward Points on "Signet", "Imperio", "Celesta" and "Wave" (and a separate list for VALUEMAX); this card earns Jupiter Jewels under its own MITC ("You will automatically receive 2 Jewels on every ₹100 spent ... You can earn a maximum of 15,000 Jewels per billing cycle"), which names no insurance cap or exclusion. Insurance premiums earn the base rate here, within the 15,000-Jewel cycle cap. The card is also discontinued.

Sources

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