{"article":{"id":21920718844573,"url":"https://kinesissupport.zendesk.com/api/v2/help_center/en-gb/articles/21920718844573.json","html_url":"https://support.kinesis.money/hc/en-gb/articles/21920718844573-What-is-the-additional-1-Kinesis-contribution","author_id":374632073232,"comments_disabled":false,"draft":false,"promoted":false,"position":0,"vote_sum":0,"vote_count":0,"section_id":12351777737629,"created_at":"2024-09-30T09:38:09Z","updated_at":"2024-09-30T09:38:39Z","name":"What is the additional 1% Kinesis contribution?","title":"What is the additional 1% Kinesis contribution?","source_locale":"en-gb","locale":"en-gb","outdated":false,"outdated_locales":[],"edited_at":"2024-09-30T09:38:39Z","user_segment_id":null,"permission_group_id":824171,"content_tag_ids":[],"label_names":[],"body":"<p><span style=\"color: #444746;\">The Kinesis Virtual Card Paid Plan offers cardholders a </span><strong><span style=\"color: #444746;\">2% cashback</span></strong><span style=\"color: #444746;\"> on all transactions made with the Kinesis Virtual Card. Cashback is capped at the Paid Plan spending limit. </span><span style=\"color: #444746;\">The 2% cashback earnings will be credited in Kinesis gold (KAU).</span></p>\n<p><span style=\"color: #444746;\">Users can earn cashback on all qualifying purchases made with their Kinesis Virtual Card, whether online or in-store, provided they remain within the Paid Plan’s monthly spending limits.</span></p>\n<p><span style=\"color: #444746;\">Importantly, for every cashback transaction within the Paid Plan’s $2,000 spending cap, Kinesis additionally </span><strong><span style=\"color: #444746;\">contributes an additional 1% of the transaction value </span></strong><span style=\"color: #444746;\">to the Kinesis Master Fee Pool.</span></p>\n<p><span style=\"color: #444746;\">This </span><strong><span style=\"color: #444746;\">1% contribution is funded entirely by Kinesis </span></strong><span style=\"color: #444746;\">to promote system velocity and growth. It is not drawn from users' card transactions, does not impact users' earnings, and it is neither classified as a fee nor subject to any charges or deductions.</span></p>"}}