Jio announces triple cashback offer up to Rs 2,599 for Prime subscribers

Reliance Jio on Thursday introduced a variety of 'Prime Benefits for all JIO Prime customers, including triple cashback of up to Rs 2,599 on every recharge of Rs 399 or above.

The triple cashback offer includes 100 per cent cashback vouchers of JIO worth Rs 400 on every Jio tariff plan recharge of Rs 399 or above and instant cashback of up to Rs 300 on every recharge by JIO's partner wallets including leading digital payment wallets like AmazonPay, AxisPay, FreeCharge, Mobikwik, PayTM and PhonePe.

The exclusive Jio Prime benefits will be available during the offer period from November 10-25, 2017.

The cashback redemption availability will have three categories -- the Jio cashback vouchers worth Rs 400 (Rs 50 x 8) will be provided instantly in MyJio, for redemption from November 15, 2017; the instant cashback from partner wallets will be credited to user wallets instantly and the ecommerce vouchers will be available from November 20, 2017 onwards.

The triple cashback Jio Prime Benefit is the first set of exclusive offers announced for Jio Prime members. These offers go beyond the special tariff benefits that are already available to Jio Prime members.

Jio Prime is a membership for customers who have joined Jio and enrolled for Jio Prime at a one-time annual membership fee of Rs 99.

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Reliance Jio added a whopping 5,839,734 subscribers and controlled 9.29 per cent of the telecom market as of March 31, shows the latest report by the Telecom Regulatory Authority of India (Trai). In March, Airtel led in terms of overall telecom market share, with 23.39 per cent of all subscribers. It was followed by Vodafone with a 17.87 per cent share, and Idea with 16.70. Reliance Jio was a distant fourth with 9.29 per cent subscribers. According to the report, the telecom industry saw a net addition of 5.98 million customers in March