Reliance Jio now announced a Surprise Cashback offer for its 160 million subscribers in the country. This new Suprise cashback offer is similar to the Triple Cashback offer, which has been effective for more than 45 days now. The newly introduced Surprise offer provides the user with similar benefits as the Triple cashback offer, albeit the extra value coupons from e-commerce websites.
Under the Reliance Jio Surprise Cashback, the new entrant is offering up to Rs 3,300 cashback in the form of vouchers onto the MyJio application, partner wallets, and e-commerce vouchers. Also, this offer is applicable only for Reliance Jio customers recharging with more than Rs 399 or above. Customers going with a blow priced recharge value won't be eligible for the offer.
If a customer recharges with Rs 399 or above, he will receive Rs 400 cashback vouchers onto his Jio account in the form of eight Rs 50 vouchers. These vouchers can be used for future recharges above Rs 399, and only one voucher can be used per recharge. These vouchers will be credited to MyJio application in 48 hours from the time of recharge.
Secondly, Jio has partnered with several digital payment apps such as Paytm, Freecharge, Mobikwik, etc. to offer up to 100% instant cashback onto the wallet. Do make a note that the cashback differs with every wallet. For example, recharging with Paytm will give the user only a Rs 15 cashback, while for users recharging with Mobikwik will receive up to Rs 300 SuperCash.
Lastly, we have the e-commerce vouchers thing. Jio is offering Rs 2,600 worth vouchers from its e-commerce partners. Previously in the Jio Triple Cashback offer, the operator provided Rs 1,899 worth vouchers from its e-commerce partners, and the same value is now increased to Rs 2,600. However, the value of the vouchers is not divided by the operator yet.
That said, Jio has added more e-commerce partners, which can be seen in the offer image. The e-commerce partners are Grofers, OYO, Paytm Mall, Big Basket, Yatra, and Zoom Car. Lastly, this offer is valid until January 15, 2018, which of course will extend beyond that date.
There's no doubt that Reliance Jio is feeling the heat set by incumbent telecom operators. It is interesting to see how rival telecom operators such as Airtel, Vodafone, and Idea Cellular react to this Surprise Cashback from Jio.