What is the KuCard Cashback Program?

The KuCard Cashback Program is a reward initiative that allows you to earn cashback on qualifying purchases made with your KuCard. It’s our way of saying thank you for being a valued customer. KuCard is currently only available to citizens and residents of the European Economic Area (EEA).

 

How do I enroll in the program?

Enrollment is not required. Existing customers are already enrolled. New customers will be enrolled automatically upon card activation.

 

 

How do I earn cashback?

You earn cashback by making qualifying purchases with your KuCard. Qualifying purchases include everyday transactions such as groceries, dining, fuel, and online shopping. Certain purchases such as ATM withdrawals, balance transfers, cash advances, and banking services do not qualify for cashback. Additionally, transactions made with EUR are not entitled to cashback.

For more information, please visit the T&Cs here

 

No cashback will be accrued for transactions made on following categories.

MCC Code 

Name 

4829 

Money Transfer 

6011 

Automated Cash Disbursements 

Identifies cash disbursement transactions occurring at automated teller machines (ATMs) 

6012 

Financial Institutions – Merchandise, Services, and Debt Repayment 

6051 

(Non-Financial Institutions – Foreign Currency, Non-Fiat Currency, Money Orders, Account Funding, Travelers Cheques, and Debt Repayment) 

6211 

Brokers/Dealers: 

6532 

Customer Financial Institution 

6540 

Non-Financial Institutions – Stored Value Card Purchase/Load 

7995 

Gambling Transactions 

8999 

Professional Services 

Examples of such merchants include mortgage brokers, research firms, financial planners, etc 

9399 

Government Services 

In this category fall merchants that provide general support services to the government such as personnel, auditing 

9402 

Postal Services—Government Only 

 

How much cashback can I earn?

The cashback redemption rate varies depending on the VIP level of your account. For example, you enjoy up to 1.7% redemption rate if you’re a VIP 0. Check our website or mobile app for the latest rates and eligible categories. 

 

Cashback Earning

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The earning percentage is 1% for all tiers

 

Redemption

Market value of BTC/ETH/KCS

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* In USDT or any other currency with an equivalent value over a 30-day period.

** For users with KCS holding ≥ 100

***Refers to the maximum amount of a monthly cap

 

Scenario 1:

As a VIP0 user with cashback earning EUR 10 in a month,

the user gets: 0.00015 BTC (= EUR 10 * 1)

b1.png

 

Scenario 2:

As a VIP0 user with cashback earning EUR 20 in a month,

the user gets: 3.6 KCS (= EUR 20 * (1.2+0.5))

b2.png

 Fiat to crypto conversion rate is taken at the date of writing this document

 

What is the KCS holding? 

The total amount of KCS in both your Savings and Spot account on KuCoin

 

How and when is the cashback credited to my account?

The Cashback earned for the month’s transactions will be credited to your cashback account on the 15th day of the following month. You can track your earned cashback through our mobile app or online portal. Please note that pending orders can only be redeemed after settlement. 

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