No. Hubble is a revolutionary and unique online wallet platform that helps you plan smarter and get rewarded before your every purchase. We are improving upon the age-old banking system without compromising on security & safety, allowing you, our users, to plan efficiently.

We've built this app so that our friends and families could also have a better savings experience, and we'd never ever not take security of money seriously. All your money is stored in RBI regulated banks from the moment you transfer it to one of your plans. We use a RBI licensed payment aggregator, Cashfree (https://cashfree.com/), to park money in their escrow account with Indian Banks. We're also funded by Sequoia Capital (a reputed venture capital firm) that has funded companies like Google, Zomato, etc. Our founders are IIT + ISB alumni and we take the security of user funds very seriously.

We have partnered with various trusted brands to bring you the best deal when you purchase with them. These brands reward you for the planning and allegiance that you show towards them.

Choose your purchase goal and transfer the amount into your Hubble account. You can instantly redeem the 5% along with your deposit amount as a voucher and complete your purchase right away.

You can save for your purchase goals in instalments. Each time you save, 10% of your savings amount is credited to your Hubble account in 30 days. You can claim your 10% rewards at the end of each month and use them for a purchase with your favourite brands. You can choose to opt for brand gift vouchers at merchant stores when you decide to shop.

You can withdraw your original deposit anytime - 24/7. However, we encourage you to complete your plan so that you can use your rewards as well.

When you save with Hubble, you save with a brand. Therefore, you can use your savings + rewards to purchase anything from the brand you saved with.

The rewards are completely tax-free and you do not have to worry about declaring them anywhere.