Reliance Jio is taking a fresh plunge into the tariff war to up the competition for its rivals. After the ‘More than 100% Cashback offer’, Jio has now launched a new cashback offer called ‘Get up to 200% Cashback offer’. The new Jio cashback offer entitles the users a cashback of double the value of recharge pack, instead of the maximum cashback of Rs 700 that they could avail earlier. To be eligible to receive the cashback benefits, Jio users will have to make a recharge of Rs 398 or above, after which cashback worth Rs 799 can be availed. The new Jio cashback offer is currently live and will end on Wednesday, February 15.
Jio ‘Get up to 200% Cashback offer’
Under the new offer, the customers will have to recharge their Jio number with a minimum value of Rs 398. As soon as they recharge, the customers will be offered a cashback value of Rs 799. However, the cashback will be offered in two parts – 100 percent cashback in the form of 8 vouchers of Rs 50 each totalling Rs 400; and 100 percent instant cashback from the online wallets up to Rs 399.
The Jio vouchers of Rs 50 each can be used in subsequent recharges, thereby reducing the recharge value by Rs 50, as per the Jio website. The wallets that will offer cashback of up to Rs 399 are Amazon Pay, MobiKwik, Paytm, PhonePe, FreeCharge, and Axis Pay.
Customers opting for Amazon Pay to recharge their Jio numbers will get Rs 50 cashback (both old and existing users). MobiKwik will offer Rs 399 as SuperCash to the customers along with a Rs 2,500 hotel discount voucher, however, the customers will have to apply a promo code – JIOFULL – to receive the benefits. Paytm customers will be able to avail a cashback of Rs 50 in case of new users (on applying promo code – NEWJIO) and Rs 20 in case of existing users (on applying promo code – PAYTMJIO). Moreover, the Paytm customers will also be entitled with a 50 percent discount offer on their first movie booking.
PhonePe customers will get Rs 75 cashback if they are doing their first recharge on the platform while the existing customers will receive Rs 30 in their wallet. Axis Pay will offer Rs 100 cashback to the new customers and Rs 30 to the existing customers. And lastly, FreeCharge will give Rs 50 as cashback amount to the new users on applying promo code – 50JIO while the existing customers will receive Rs 30 on applying the promo code – FCJIO.
This new Jio ‘Get up to 200% Cashback’ offer is the fourth successive cashback offer for Jio customers. The previous offers came with various shopping site discounts as well. The last day of the offer is February 15, after which it will be interesting to see what Jio has up its sleeves to counter its rivals.