Beyond benefits like free monthly transfers, we want to reward you for the trust you place in us every day.
You trust us to send, spend, and save your money, so we created Kuda Premium as a simple way to say thank you.
Let’s tell you how it works.
What is Kuda Premium?
Kuda Premium is our rewards program for customers with Tier 3 accounts who have earned up to 50 Coins by using the Kuda app.
What do I get on Kuda Premium?
Cashback on airtime purchases and bill payments
Priority support whenever you need our help
Discounts from brands you know
Lower interest rates on Overdraft (terms and conditions apply)
How many coins do I need to unlock Kuda Premium?
You need to earn 50 coins in a month to unlock Premium.
What do I get on Kuda Premium?
Cashback on airtime purchases and bill payments
Priority support whenever you need our help
Discounts from brands you know
Lower interest rates on Overdraft (terms and conditions apply)
How do I earn coins?
You get coins by doing the things you already do on Kuda - spending and saving.
By spending: You earn 1 coin for every transaction of ₦1,000 or more. This could be transfers, bill payments, or airtime purchases. Each coin will be added to your account 24 hours after the transaction.
By saving: You get 25 coins every month if you keep an average balance of at least ₦50,000 in your account for the month.
Please, note that you can only earn a maximum of 250 coins each month.
How do I keep my Premium status?
To keep your Premium status, you need to earn 50 coins each month.
If you don't earn 50 coins in a month, you'll lose access to the Premium benefits, but you will keep any coins you've already stored as cashback.
There’s an exception for first timers: Your Premium status will last for two full months, even if you don't meet the coin goal in the second month.
Where do I find my coins?
You’ll find your coin balance in the top right corner of your home screen.
Can I lose my Premium status?
Yes. If you don't earn 50 coins in a month, you’ll lose your Premium status at the start of the next month. You'll lose access to the benefits, but you get to keep any coins you have already earned as cashback.
Do my coins expire?
Coins you earn before you reach the 50-coin monthly goal will expire at the end of that month.
Coins you earn after you’ve hit the 50-coin goal are stored in your cashback wallet and do not expire.
What is 1 coin worth?
1 coin = ₦1.
Once you've earned 50 coins in a month, we’ll add ₦50 to your cashback wallet. Every extra coin you earn also becomes cashback.
What can I use my coins for?
Your coins are converted to cashback, which can be used to buy airtime or pay a bill.
Can I lose coins?
Yes. If you earn less than 50 coins in a month, those coins will be lost at the end of the month.
What if I don’t get a coin after a transaction?
You should get the coin within 24 hours of making the transaction. If you don't, please chat with us on your Kuda app.
That's everything you need to know about Kuda Premium. If you have any other questions, chat with us on your Kuda app, send an email to [email protected], or call 0700022555832.