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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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Itna kon dimag lagayega. Use 5% SBI Cashback credit card, world's Best Credit Card Ever Ever Ever Ever

Offline use - load to Ebixcash Wallet and use Ebixcash Wallet UPI (full 5% Cashback on SBI Cashback credit card)

Bhai sbi cashback nhi milraha koi trick hain jisse mile? Already have 12+ cc cibil 770+
 
Itna kon dimag lagayega. Use 5% SBI Cashback credit card, world's Best Credit Card Ever Ever Ever Ever

Offline use - load to Ebixcash Wallet and use Ebixcash Wallet UPI (full 5% Cashback on SBI Cashback credit card)

Lol what happened here 😲. Am I in some parallel world 🤣. Rupay guy recommending visa over rupay😜.
 
For purposes of illustration:

View attachment 61798

  1. Milestone spends will be calculated from date of enrollment to Kiwi Neon
  2. Reward points will be credited after 30 days, on the last day of the subsequent month.
Don't get fooled by the percentage returns, because lounge visit has to be considered zero value because so many cards give it free.

Then the returns are nothing special, this card is not even worth considering or wasting your time on
 
Last edited:
For purposes of illustration:

View attachment 61798

  1. Milestone spends will be calculated from date of enrollment to Kiwi Neon
  2. Reward points will be credited after 30 days, on the last day of the subsequent month.

They have tried explaining it in pretty detailed manner. But it is still very confusing. At one place, it also seems to indicate that milestone is calculated monthly basis, but another place says annual milestone.

If I understand correctly, here is what u get. I have assumed few things not mentioned explicitly.

1. No base or milestone for exclusions - All usual categories utility, wallet, rent, education, nps, tax etc.
2. 0.5% for online (collect and intent) and 2% for scan and pay as base cashback.
3. When you cross 50K spends in a year, u get residual cashback in next month end making total 1500 minus cashback in point-2.
4. When you cross 1L spends in a year, u get residual cashback in next month end making total 4000 minus cashback in point-2 and 3.
5. When you cross 1.5L spends in a year, u get residual cashback in next month end making total 7500 minus cashback in point-2, 3 and 4.
6. U get 2/200 yes bank points for yes bank non UPI spends i.e. 0.25% value. But looks like non UPI spends will not be part of 5% milestone benefits.

Source - https://gokiwi.in/rewards-policy-v2/
What do you mean by the last point (point 6) I see 0.5% for online spends, 2% for upi spends, and zero for catogeries they excluded so 0.25% is for what
 
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