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Kiwi Neon subscription launched, 5% online, 2% UPI

doomlord

TF Premier
**Kiwi NEON Subscription Benefits**

**Flat 2% Cashback**
- On Scan & Pay transactions

**5% Cashback**
- On annual spends of ₹1.5L

**Airport Lounge Access**
- And other benefits

Cashback Plan:

**Annual Spend ₹50K**
- 3% cashback on all spends up to ₹50K

**Annual Spend ₹1L**
- 4% cashback on all spends up to ₹1 Lakh

**Annual Spend ₹1.5L**
- 5% cashback on all spends up to ₹1.5 Lakh

**Notes:**
- Milestone rewards will be credited by the end of the next month.
- Select merchant categories are excluded from the Reward Program.
 

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Also with Magnus Burgundy 4.8% is a guaranteed minimum return for any spend of any amount and you can go up to 14% also.
Also 24% on flights and hotels on Traveledge.
 
it is clear according to tittle
2% on upi spends
3% cashback on online spends up to ₹50K
4% cashback on online spends between 50K up to ₹1 Lakh
5% cashback on online spends between 1L up to ₹1.5 Lakh.
2% on upi spends
50k online gets 1500 cashback or 3% cashback
1 lac online gets 1500+2000=3500 or 3.5% cashback
1.5 lac online gets 1500+2000+2500=6000 or 4% cashback
Over 1.5 lakhs get zero cashback (Max cashback is 6000)
 
The Kiwi Neon is an annual subscription programme currently available only for select users, and allows for multiple benefits when the customer uses the Kiwi app for UPI transactions

Annual Fee of the Kiwi Neon subscription is available at Rs. 999. This offer is waived for users who are issued a credit card via the Kiwi app between 1st Jul’24-30th Oct’24, provided such customers subscribe to the offer within 15 days from linking their Credit Card to Kiwi UPI

Offer details as below:

  1. For credit cards issued via the Kiwi app:
    1. 5% cashback on spends of Rs.1,50,0000 on the credit card
      1. Base earn: 0.5% on collect+ intent; 2% on scan & pay on large merchants
      2. Milestone 1: 3% cashback on achieving eligible spends of Rs.50,000 (incl. Base) + 1 lounge access
      3. Milestone 2: 4% cashback on achieving eligible spends of R.1,00,000 (Incl. Base) + 1 lounge access
      4. Milestone 3: 5% cashback on achieving eligible spends of Rs.1,50,000 (Incl. Base) + 1 lounge access
    2. Milestone will be calculated as follows:
      1. Milestone 1: 3%* (Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
      2. Milestone 2: 4%*(Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
      3. Milestone 3: 5%*(Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
 
The Kiwi Neon is an annual subscription programme currently available only for select users, and allows for multiple benefits when the customer uses the Kiwi app for UPI transactions

Annual Fee of the Kiwi Neon subscription is available at Rs. 999. This offer is waived for users who are issued a credit card via the Kiwi app between 1st Jul’24-30th Oct’24, provided such customers subscribe to the offer within 15 days from linking their Credit Card to Kiwi UPI

Offer details as below:


  1. For credit cards issued via the Kiwi app:
    1. 5% cashback on spends of Rs.1,50,0000 on the credit card
      1. Base earn: 0.5% on collect+ intent; 2% on scan & pay on large merchants
      2. Milestone 1: 3% cashback on achieving eligible spends of Rs.50,000 (incl. Base) + 1 lounge access
      3. Milestone 2: 4% cashback on achieving eligible spends of R.1,00,000 (Incl. Base) + 1 lounge access
      4. Milestone 3: 5% cashback on achieving eligible spends of Rs.1,50,000 (Incl. Base) + 1 lounge access
      1. Milestone 1: 3%* (Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
      2. Milestone 2: 4%*(Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
      3. Milestone 3: 5%*(Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
So this is a sasta version of sbi cashback cc
 
The Kiwi Neon is an annual subscription programme currently available only for select users, and allows for multiple benefits when the customer uses the Kiwi app for UPI transactions

Annual Fee of the Kiwi Neon subscription is available at Rs. 999. This offer is waived for users who are issued a credit card via the Kiwi app between 1st Jul’24-30th Oct’24, provided such customers subscribe to the offer within 15 days from linking their Credit Card to Kiwi UPI

Offer details as below:


  1. For credit cards issued via the Kiwi app:
    1. 5% cashback on spends of Rs.1,50,0000 on the credit card
      1. Base earn: 0.5% on collect+ intent; 2% on scan & pay on large merchants
      2. Milestone 1: 3% cashback on achieving eligible spends of Rs.50,000 (incl. Base) + 1 lounge access
      3. Milestone 2: 4% cashback on achieving eligible spends of R.1,00,000 (Incl. Base) + 1 lounge access
      4. Milestone 3: 5% cashback on achieving eligible spends of Rs.1,50,000 (Incl. Base) + 1 lounge access
      1. Milestone 1: 3%* (Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
      2. Milestone 2: 4%*(Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
      3. Milestone 3: 5%*(Total spends on Kiwi - spends on exclusion categories - refunds) net of rewards accumulated up under Kiwi Neon subscription for the year
what about list of exclusions ?
 
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