Kiwi 🥝 Yesbank. How to maximize my Reward?

[Ekavya]

I need to make two transactions of ₹50,000 each using my Yes Bank Kiwi Credit Card. The merchant is eligible for rewards, and the MCC is 5734.

My credit limit is ₹2.25 lakh.

To maximize my rewards, should I get the Neon subscription? Also, do I need to make these payments in two different months to avoid breaching the cashback cap? Please advise.

 

[hiraktalukdar]

Your CB Limit would be 2.25K/M. So, 2.25K/0.02 = 112.5K. So, you can do two payments in a month only.
Yes, NEON membership will bring you 4% CB up to 1L spend.

 

[Ekavya]

Your CB Limit would be 2.25K/M. So, 2.25K/0.02 = 112.5K. So, you can do two payments in a month only.
Yes, NEON membership will bring you 4% CB up to 1L spend.

Thanks man!

So Capping isn't applicable for Milestone Benefits?

 

[moglibhai]

I need to make two transactions of ₹50,000 each using my Yes Bank Kiwi Credit Card. The merchant is eligible for rewards, and the MCC is 5734.

My credit limit is ₹2.25 lakh.

To maximize my rewards, should I get the Neon subscription? Also, do I need to make these payments in two different months to avoid breaching the cashback cap? Please advise.

see brother for 1lakh payment you will get flat 2% cashback instantly ( if you had taken neon membership) I would suggest you to take neon membership before making payment as it will cover up your fees because without neon u would be getting only 1.5%. You can do your full payment of 1lakh in one month( I would suggest not to use your card for any small payment before that 1lakh payment as kiwi is unpredictable so better to be in safe zone) as you had the limit of 2.25 lakh so monthly capping is 1% of your cc limit ( excluding milestone) and the milestone benefit of 50k and 1lakh which you will be crossing u would be getting milestone reward separately at the end of respective month.