Kiwi: A revolutionary virtual credit card

Kiwi Rewards Terms and Conditions

This Kiwi Rewards Programme (hereinafter referred to as the “Kiwi Rewards”) stipulates various reward schemes offered by Gokiwi Private Limited, a private limited (hereinafter referred as “Kiwi”) company having its registered office at registered office at A-101, Tower 5, Plot 8P-T, T-5, Diero, Lodha new cuffe parade, Antop Hill, Mumbai – 400037 and Principal office at – Urban Vault, HSR Layout 1608, 7th Cross road, sector 1, HSR layout,Agara Village, Bangalore - 560102 India(hereinafter referred to as “We”, “Us”, “Our”, “Company” or “Gokiwi”), to its end user (hereinafter referred to as “You”, “Your”, “Customer”) in relation to the use of the website www.gokiwi.in and/or the mobile application ‘Kiwi App’ available at Android/ iOS platforms (collectively referred to as the “Online Platform”).

1.Eligibility

Customer will become eligible for Kiwis (as defined below) from their first transaction. The transaction to be undertaken by the Customer will be in the multiples of Rs 50.

2.Kiwi Rewards

The points that the customers will earn will be called as “Kiwis”.
These Kiwis can be redeemed into their "goaxb" UPI ID linked account at any time.
Each "Kiwis" will be currently worth Rs 0.25/-.

3.Kiwi Reward Programme shall include the following programmes:

Rewards for Onboarding for the Axis Bank Kwik Credit card –
Transaction rewards for merchant payments using the Axis Bank Kwik Credit card
Exisiting Axis Bank Kwik Card holders are not eligible for this offer
Transaction rewards for using your other accounts –
Referral Rewards
other offers

200 "Kiwis" on in principle approval for the card.
400 "Kiwis" For completing the KYC process for the card.
400 "Kiwis" For completing the first transaction on the card.
Kiwis can only be redeemed after completion of the step 3 - completion of a transaction.
This offer is not valid if the customer is been onboarded through a third- party agent.
Offer will be on the sole discretion of Gokiwi and can be changed at their discretion.

“Kiwis” for every Rs 50 spent on the card – “Kiwis” are calculated on multipliers of Rs 50/- i.e.

Transaction of Rs 100/ - 2 “Kiwis” earned.
Transaction of Rs 75/- - 1 “Kiwis” earned.
Transaction of Rs 175/- - 3 “Kiwis” earned.

2X “Kiwis” on Scan and Pay transactions. i.e. Customer earns 2 “Kiwis” for Every Rs 50 spent on the card by Scanning a UPI QR.
Max monthly cap on “Kiwis” is 1% of the total credit limit on the card,
Customers who have joined the Waitlist will be eligible for higher rewards for a period of 6 Months from the date of onboarding.

Waitlist customers who complete the onboarding for the Axis Bank Kwik Card within 15 days of getting access to the product will be eligible for Higher rewards.
Waitlist customers will earn 4X “Kiwis” on Scan & Pay transactions i.e customers will earn 4 “Kiwis” for every Rs 50 spent the card by scanning a UPI QR.
Waitlist customers will earn 2X “Kiwis” on online transactions i.e customers will earn 2 ”Kiwis” for every Rs 50 spent the card through Collect / Intent transactions.
Max monthly cap on “Kiwis” is 2% of the total credit limit on the card for a period of 6 months from the date of onboarding.

Kiwis earnings cap for transaction rewards gets reset at the start of every month and the monthly cap is calculated for the period between 1st to 30th/31st of every month.
Excluded categories
1. Repayments
2. Fuel
3. Jewellery
4. Cash Withdrawal
5. Wallet Load
6. Insurance
7. Education
8. Government Services
9. Rent
10. Utilities
11. EMI
12. Purchases converted to EMI Post-Facto
13. Payment of Card Fees & Other Charges
14. Service Stations
The Category of the merchants will be defined by the Merchant category code received by us in the transaction.

Other Rupay Credit Cards are defined as Credit Cards other than Axis Bank Kwik Credit Card.
“Kiwis” for every Rs 100 spent on the card – “Kiwis” are calculated on multipliers of Rs 100/- i.e.
1. Transaction of Rs 100/ - 1 “Kiwis” earned.
2. Transaction of Rs 235/- - 2 “Kiwis” earned.
3. Transaction of Rs 375/- - 3 “Kiwis” earned.
Max monthly cap on “Kiwis” earned with other Rupay Credit Cards is 400 “Kiwis”.
Kiwis earnings cap for transaction rewards gets reset at the start of every month and the monthly cap is calculated for the period between 1st to 30th/31st of every month.
Excluded categories

Repayments
Fuel
Jewellery
Cash Withdrawal
Wallet Load
Insurance
Education
Government Services
Rent
Utilities
EMI
Purchases converted to EMI Post-Facto
Payment of Card Fees & Other Charges
Service Stations

The Category of the merchants will be defined by the Merchant category code received by us in the transaction.
Exisiting Axis Bank Kwik Card holders are not eligible for this offer

Other accounts are defined as any of the Savings Accounts at any Bank.
Customers will receive rewards in the form of “Kiwis” for transactions done using their other accounts on the Kiwi app.
The Rewards Program is not open to residents of the states of Tamil Nadu, West Bengal Sikkim, Nagaland, or any other state where such contest/offer may be prohibited.
The Reward you receive may be determined basis factors such Rewards that You may have received in the past, payment methods that You may use, how often You use the Kiwi Platform, etc.
In case there is more than one offer available simultaneously, no two offers can be combined.
The rewards are provided at the sole discretion of Kiwi and the final decision on the value of “Kiwis” to be provided will be with Kiwi.
You will be eligible for “Kiwis” only on Transactions above Rs 50/- (Rupees Fifty only)

Invite your friends to link RuPay Credit Cards and they enjoy rewards on every transaction
1. ₹100 cashback over first 10 RuPay transaction for min transaction amount of ₹50
2. 1 Kiwi on every RuPay card transaction of ₹100
Eligibility
1. Axis Kwik Credit Card will not be eligible for these rewards
2. All Other RuPay Cards will be eligible
Reward will be won in the form of “Kiwis”, and 4 Kiwis equal ₹1.
Excluded Categories from this offer:
1. Repayments
2. Fuel
3. Jewellery
4. Cash Withdrawal
5. Wallet Load
6. Insurance
7. Education
8. Government Services
9. Rent
10. Utilities
11. EMI
12. Purchases converted to EMI Post-Facto
13. Payment of Card Fees & Other Charges
14. Service Stations
The Category of the merchants will be defined by the Merchant category code received by us in the transaction.
Further, we also reserve the right to disqualify any Customer, who does not meet the offer requirements or in case of reasons including but not limited to any misuse or fraud or suspicious transaction/activity or under any legal requirement or applicable rules and regulations.
In case of a dispute, the final decision lies with the Company.
Nothing contained herein shall be construed as a binding obligation on Kiwi to continue the offer.
Customers selected are on the sole discretion of Kiwi.
Participation in any offer is completely voluntary. Users may choose to not participate in any offer. Kiwi does not guarantee any prize to any winner.
Kiwi is not responsible for any tax implications on the User from their participation in any offer. Users should obtain independent tax advice before entering any offer.
The Customer shall not hold the Company responsible for any actions, claims, demands, liabilities, losses, damages, costs, charges or expenses, which a Customer incurs, in normal course of availing the “Kiwis” Rewards.
We also reserve the right to discontinue the Kiwi Rewards without assigning any reasons or without any prior intimation whatsoever. Nothing contained herein shall amount to a commitment or representation by us to continue the “Kiwis” Rewards.

1. Eligibility

Customer will become eligible for Kiwis (as defined below) from their first transaction using Rupay credit cards issued by Partner Banks. The transaction to be undertaken by the Customer will be in the multiples of Rs. 100

2. Partner Banks

A) Yes Bank

Offer Validity: for customers who have done their 1st Scan & Pay transaction from their Yes Bank Credit Card linked on Kiwi between 16th Jan'2024 to 15th Apr'2024
Eligible BINs: 356139, 356140 and 356165

3. Kiwi Rewards

The points that the customers will earn will be called as "Kiwis"
These Kiwis can be redeemed into their "goaxb" UPI ID linked savings account at any time
Each "Kiwis" will be currently worth Rs 0.25/-
Customers using Axis Bank Kwik Card rewards programme will not be eligible for this offer

4. Offer Terms

A) First Transaction Reward

1,000 Kiwis on successfully completing the first scan & pay transaction on Kiwi using a Rupay credit card issued by a Partner Bank

B) Transaction Reward

1 “Kiwi” for every Rs 100 spent on the card – “Kiwis” are calculated on multipliers of Rs 100/- i.e

Transaction of Rs 100/ - 1 “Kiwi” earned
Transaction of Rs 200/- 2 “Kiwis” earned
Transaction of Rs 275/- 2 “Kiwis” earned
Transaction of Rs 325/- 3 “Kiwis” earned

Maximum rewards that can be earned in a month is capped to 2,000 “Kiwis” per calendar month
Kiwis earnings cap for transaction rewards gets reset at the start of every month and the monthly cap is calculated for the period between 1st to 30th/31st of every month
Excluded categories

Repayments
Fuel
Jewellery
Cash Withdrawal
Wallet Load
Insurance
Education
Government Services
Rent
Utilities
EMI
Purchases converted to EMI Post-Facto
Payment of Card Fees & Other Charges
Service Stations

The Category of the merchants will be defined by the Merchant category code received by us in the transaction
The Kiwi’s offer is valid for 3 months from date of the 1st transaction of the user

5. Terms & Conditions

Customers' participation in any offer constitutes their understanding and agreement to the complete terms and conditions associated with each offer
We reserve the right to change, modify or prematurely remove an offer at our own discretion
Further, we also reserve the right to disqualify any Customer, who does not meet the offer requirements or in case of reasons including but not limited to any misuse of the offer or fraud or suspicious transaction/activity or under any legal requirement or applicable rules and regulations, from receiving any reward or cancel any reward already earned or credited
In case of a dispute, the final decision to credit / modify the reward lies with the Company
Nothing contained herein shall be construed as a binding obligation on Kiwi to continue the “Kiwis” Rewards or to substitute the “Kiwis” Rewards by a similar or a new programme
The Customer shall not hold the Company responsible for any actions, claims, demands, liabilities, losses, damages, costs, charges or expenses, which a Customer incurs, in normal course of availing the “Kiwis” Rewards
We also reserve the right to discontinue the Kiwi Rewards without assigning any reasons or without any prior intimation whatsoever. Nothing contained herein shall amount to a commitment or representation by us to continue the “Kiwis” Rewards
Further, we reserve the right, at its sole discretion, to change the mode of the accrual of one or any of the programme
These “Kiwis” Rewards Terms and Conditions shall be in addition to and not in substitution/derogation of any or all other terms and conditions. No two offers can be clubbed. In case there is more than one offer(s) available simultaneously, then only one offer can be availed by the Customer
Participation in any Reward Promotion is completely voluntary. Users may choose to not participate in any Reward Promotion. Kiwi does not guarantee any prize to any winner
The Reward Promotions are offered to the Users on an “as is” basis and without warranty or condition. The Reward Promotions may not be uninterrupted or error- free. Users waive all claims against Kiwi
Kiwi is not responsible for any tax implications on the User from their participation in any Reward Promotion. Users should obtain an independent tax advice before entering any Reward Promotion

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4.Terms and Conditions

Customers' participation in any offer constitutes their understanding and agreement to the complete terms and conditions associated with each offer.
Kiwi reserves the right to change, modify or prematurely remove an offer at our own discretion.
Kiwi reserves the right to determine customers’ eligibility for Kiwi rewards, and disqualify any customer who fails to meet the offer requirements or is suspected of misusing rewards, engaging in fraud, participating in suspicious transactions/activities, or violating fair usage of credit cards, legal requirements, or applicable rules and regulations.
The Kiwi rewards shall be valid only on successful transactions via the Kiwi platform and transactions where refund has been initiated will not be considered. In case Kiwi learns that a cardholder is involved in malpractices relating to refund, Kiwi shall disqualify such cardholders from all further offers/ programs and benefits provided by Kiwi.
In case of a dispute, the final decision to credit / modify the reward lies with the Company.
Nothing contained herein shall be construed as a binding obligation on Kiwi to continue the “Kiwis” Rewards or to substitute the “Kiwis” Rewards by a similar or a new programme.
The Customer shall not hold the Company responsible for any actions, claims, demands, liabilities, losses, damages, costs, charges or expenses, which a Customer incurs, in the normal course of availing the “Kiwis” Rewards.
Transaction rewards will not be applicable on the below category/type of merchants:
1. Repayments
2. Fuel
3. Jewellery
4. Cash Withdrawal
5. Wallet Load
6. Insurance
7. Education
8. Government Services
9. Rent
10. Utilities
11. EMI
12. Purchases converted to EMI Post-Facto
13. Payment of Card Fees & Other Charges (bill payments)
14. Service Stations
15. Any merchant which as per internal records of the Bank or Kiwi is promoting/ enabling unfair usage of credit cards or cash encashment.
The Category of the merchants will be defined by the Merchant category code received by us in the transaction.
Kiwi reserves the right to withdraw Kiwi Rewards and nothing contained herein shall be construed as a binding obligation on Kiwi to continue the same. We also reserve the right to discontinue the Kiwi Rewards without assigning any reasons or without any prior intimation whatsoever. Nothing contained herein shall amount to a commitment or representation by us to continue the “Kiwis” Rewards.
Further, we reserve the right, at its sole discretion, to change the mode of the accrual of one or any of the programmes.
These “Kiwis” Rewards Terms and Conditions shall be in addition to and not in substitution/derogation of any or all other terms and conditions. No two offers can be clubbed. In case there is more than one offer(s) available simultaneously, then only one offer can be availed by the Customer.
Participation in any Reward Promotion is completely voluntary. Users may choose to not participate in any Reward Promotion. Kiwi does not guarantee any prize to any winner.
The Reward Promotions are offered to the Users on an “as is” basis and without warranty or condition. The Reward Promotions may not be uninterrupted or error-free. Users waive all claims against Kiwi.
Kiwi is not responsible for any tax implications on the User from their participation in any Reward Promotion. Users should obtain independent tax advice before entering any Reward Promotion.