Kiwi Yes Bank Credit Card Q&A - Discussion

[Sobirvs]

Hello everyone,

I talked to kiwi customer support regarding their reward policy https://www.gokiwi.in/rewards-policy-v2/

and even did some trxns myself and some my friend did and I found much information on the credit card. Feel free to ask your questions too but from what I know I'll write here

My limit is 3L so I can get only 1% rewards. Now many confusion here, is this 1% in INR (Cashback claim) or Kiwi's? So my frnd confirmed this and also I confirmed from customer care too. These are in Indian rupees. So basically if your limit is 3L then you can get 12,000 kiwis per month max from your rupay card scan payments. 12k kiwis means 3k rs. (0.25 inr per kiwi or 1rs per 4 kiwis).

Now, I want to know from cc, are milestone benefits (3%/4%/5%) included in the per month 1% limit?? He said No. It is excluded. So let's say u did 1.5L trxn in a month. That means you will get 12k pts i.e 3k rs. Now as the 1.5L means you reached your 5% milestone, so you will get additional 3% next month. This 3% is extra benefit and it is not included in the month that you did the trxn on neither it is included in the month when you received the extra 3% (2% already given instantly and 3% later when milestone reach) benefit.

Additionally I asked CC, what does the term "month" constitutes?? is it like 1st to 30th or is it billing cycle?? He said it is monthly not billing statement cycle.

Also I asked CC, when we did normal upi trxns on kiwi app like bank to bank and sometimes we get kiwis on that too, are those included in that 1% limit per CL???? He asked seniors and then said No, that is excluded too. Means you get that extra benefit and he said anyways normal upi trxn from bank to bank "rarely" get benefit so it is excluded.

I asked him tons of other questions too, which he answered. The only downside of this card is we get 2% after milestone lapses. Also neon membership will prolly cost 1k next yr.

 

[sunit123]

Axis super money card would be more rewarding for monthly spends of upto Rs 16,666. 3% direct cashback.

Bhai...3% cashback is insane and It will be devalued in max 2/3 months like kiwi...Compnay cannot burn cash forever....I stopped collecting card just for 2/3 months promotional period...

 

[VISION]

Bhai...3% cashback is insane and It will be devalued in max 2/3 months like kiwi...Compnay cannot burn cash forever....I stopped collecting card just for 2/3 months promotional period...

i have reached the same conclusion..

 

[Hemang]

Bhai...3% cashback is insane and It will be devalued in max 2/3 months like kiwi...Compnay cannot burn cash forever....I stopped collecting card just for 2/3 months promotional period...

Supermoney ka juice niklte hi fir kiwi pe aa jayenge bhai.

 

[althafvly]

It's about to expire in 21 days. They really want us to renew.

 

[SonyTom]

It's about to expire in 21 days. They really want us to renew.

What happens if you click Renew? Is it free or some payment is there to be made?

 

[althafvly]

What happens if you click Renew? Is it free or some payment is there to be made?

999rs for renewal.

 

[SonyTom]

999rs for renewal.

After all the exclusions and increase in minimum spend to ₹100 per transaction, it is worth to renew by paying ₹999 + gst is the big question.

Who knows what devaluation they will do after we pay the renewal fee.

 

[althafvly]

After all the exclusions and increase in minimum spend to ₹100 per transaction, it is worth to renew by paying ₹999 + gst is the big question.

Who knows what devaluation they will do after we pay the renewal fee.

It's worth it if you have more than 1 lack spends.

 

[VISION]

After all the exclusions and increase in minimum spend to ₹100 per transaction, it is worth to renew by paying ₹999 + gst is the big question.

rs.100 & exclusions are common in most of the others card as well.. if ur spends are 1.5lak on upi in a year then you can consider renewal.. else it is okay to use it as it give 1.5% on upi.

 

[VISION]

999rs for renewal.

r u renewing ? ?

 

[VISION]

Who knows what devaluation they will do after we pay the renewal fee.

devalution is also a renewing process.. if the card is not worthy then we must move on

 

[SonyTom]

rs.100 & exclusions are common in most of the others card as well.. if ur spends are 1.5lak on upi in a year then you can consider renewal.. else it is okay to use it as it give 1.5% on upi.

100 limit is ok. But recently some transactions in range of 5000 at shops but didnt get any points be ause they were excluded category.

The shops where you can surely get rewards are the shops you have previously used and got rewards. With so many MCCs excluded, its a hit or miss with new shops. Cant say what MCC these shops are tagging

 

[althafvly]

r u renewing ? ?

No. Not considering atm.

 

[VISION]

100 limit is ok. But recently some transactions in range of 5000 at shops but didnt get any points be ause they were excluded category.

The shops where you can surely get rewards are the shops you have previously used and got rewards. With so many MCCs excluded, its a hit or miss with new shops. Cant say what MCC these shops are tagging

i haven't face such issues till now, ether i get points or merchant has disable rupay cc are two scenarios i faced..
But ,they should display weather we get points or not as we scan qr , like kredit.pe app.
kredit.pe app shows how much points we get as we scan and enter amount instantly before entering upi pin for both rupay cc(2%on kredit.pe cc unlimited) & (1% any rupay cc& accounts(0.5%) upto 15k/month).. so if merchant has disabled rupay cc we can pay from account and still get points.
i use kredti.pe to pay from account for merchant disable cc and get 0.5%.
let me know if want referral(then it would 2% for any rupay cc and 1% accounts till 15k for first month, then on 1%&0.5%).

 

[Hemang]

100 limit is ok. But recently some transactions in range of 5000 at shops but didnt get any points be ause they were excluded category.

The shops where you can surely get rewards are the shops you have previously used and got rewards. With so many MCCs excluded, its a hit or miss with new shops. Cant say what MCC these shops are tagging

Same thing happened with me, i paid for my yamaha bike service, it got excluded from reward points. We should get this exclusion shock after we scan and before we pay the amount.

 

[althafvly]

Anyone here holding more than one Yes Bank credit card?

I was thinking of asking Yes Bank to convert my Kiwi card to the Ace card or any other card ( for physical card), but I’m not sure if that’s even possible. The Ace card seems to offer 2% value back, which is nice, though they do charge ₹100 for each redemption.

Has anyone here done a card conversion with Yes Bank before or managed to hold multiple cards from them? Would love to hear your experience!