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Kiwi Yes Bank Credit Card Devolution 2024

ImKushal

TF Select
Hello Guys

Wanted to share Something important about Kiwi Yes Bank Credit card Silent Devolution.

I received the card at the end of September and used it extensively because it offered generous Kiwi rewards. For example, if I paid ₹10 for parking, I earned ₹12 worth of Kiwi points. For transactions under ₹50, I still got points, and for amounts above ₹50, I could easily earn points worth ₹4 to ₹20 or even ₹30. Overall, I earned rewards worth ₹900 in total.

Even for UPI transactions made through my bank account, I earned substantial Kiwi rewards.

However, in November, there was an update. I updated the Kiwi app, and now the entire rewards system is completely messed up.

Now, I don’t earn any rewards for bank UPI transactions. For Yes Bank Credit Card UPI payments, I get ₹1 worth of rewards for spending ₹50. Sometimes, even for spending ₹100 or above I barely get ₹1 or none at all.

I’m extremely frustrated. I spoke to customer service, and they said the earlier system was bugged, and now they have “debugged” it.

Previously, I used to get rewards worth ₹10 to ₹40 effortlessly for transactions of ₹50, ₹100, or more.

I’m considering closing the card.
What should I do?
 
Earlier rewards system isn't sustainable model anyways. It was bound to stop one day or other.

You should look at the new rewards scheme and continue if it still makes sense to you
 
Take it in a way that what you enjoyed, many even didn't get a chance to ... so, that was a golden era for you and now going forward, they've patched the bug ... despite that, it's still the better platform for rewards.
 
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