Earned on your spend. Never on your fee.
Funded by supplier margin, at the rate printed beside each Stamped supplier's name.
KP 100 = £1
One hundred Kivo Points is one pound on your card
A supplier's rate change applies to invoices dated after the change. Your Ledger keeps the rate that applied on each invoice date.
Rate bands by category.
| Category | Rate band | Stamped suppliers |
|---|---|---|
| Finance | Printed beside each supplier | 2 Stamped · 1 region |
| Legal | Printed beside each supplier | 1 Stamped · 1 region |
| Marketing | Printed beside each supplier | 2 Stamped · 2 regions |
| Digital and IT | Printed beside each supplier | 3 Stamped · 3 regions |
| People and HR | Printed beside each supplier | 1 Stamped · 1 region |
| Insurance and Risk | Printed beside each supplier | 2 Stamped · 2 regions |
| Property and Energy | Printed beside each supplier | 1 Stamped · 1 region |
| Growth | Printed beside each supplier | 0 Stamped · 0 regions |
Where Points go
The Kivo Card
KP 100 = £1, from KP 1,000, at once. GBP, EUR and USD balances.
Airline points
Airline points conversion opens when the airline agreement is signed, at the rate printed then. No rate is quoted before that.
Other travel currencies
Other travel currencies are added one agreement at a time. No route is printed before its contract is.
A 20-person firm, one year
| Category | Spend | Rate | Kivo Points | On the card |
|---|---|---|---|---|
| Accountancy | £6,000.00 | KP 5 / £1 | KP 30,000 | £300.00 |
| Insurance | £4,000.00 | KP 8 / £1 | KP 32,000 | £320.00 |
| Energy | £5,000.00 | KP 4 / £1 | KP 20,000 | £200.00 |
| IT | £9,000.00 | KP 6 / £1 | KP 54,000 | £540.00 |
| Marketing | £3,000.00 | KP 8 / £1 | KP 24,000 | £240.00 |
| Legal | £3,000.00 | KP 5 / £1 | KP 15,000 | £150.00 |
| Year total | £30,000.00 | KP 5.8 / £1 blended | KP 175,000 | £1,750.00 |
Membership fees on application.
Bench for up to 9 staff, Works for 10 to 250, Board by invitation. Each fee and its VAT are printed beside the tier before you apply.
Tax
Kivo Points are your firm's trading receipt. They are earned at published rates, load only onto your firm's own Kivo Card and are never paid to directors personally. Kivo provides the Ledger, not tax advice; your accountant can read every line of it.
Earned only on settled invoices with Stamped suppliers, at the printed rate. KP 100 = £1. Nothing on the fee.