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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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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
Does anyone have any info if the free neon subscription offer has been extended after Oct 2024?
 
So is it like this?
50 k first milestone extra 1% ie 500
1L second milestone extra 2% ie 1000
1.5L third milestone extra 3% ie 4500
Yes actually as per the TnC you should get the following:

1. 3% cashback on spends upto 50K
2. 4% cashback on spends upto 100K
3. 5% cashback on spends upto 150K

But seems like 3% cashback is calculated on the entire amount post 50K and not just on exact 50K.
 
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