👉 Wrong phone format
👉 Wrong email format
👉 Required field
Our QR-cat sent you an SMS with a link to install the application. Please check your inbox. 😉
Thanks
Sorry, could not send message. Please use the QR code
Close
Sorry, could not send message. Please try again later
Close
aircraftCreated with Sketch.72х72-cardCreated with Sketch.72х72-giftCreated with Sketch.72х72-heartCreated with Sketch.heartCreated with Sketch.moneyCreated with Sketch.72х72-percentsCreated with Sketch.ticketCreated with Sketch.icons / free-tickets / 1-cardCreated with Sketch.icons / mastercard / 1-fast-lineCreated with Sketch.icons / visa / 1-hotelCreated with Sketch.icons / mastercard / 2-loungekeyCreated with Sketch.icons / free-tickets / 2-milesCreated with Sketch.icons / visa / 2-uberCreated with Sketch.icons / visa / 3-baggageCreated with Sketch.icons / mastercard / 3-carsCreated with Sketch.icons / free-tickets / 3-twenty-milesCreated with Sketch.icons / free-tickets / 4-exchangeCreated with Sketch.icons / visa / 4-guaranteeCreated with Sketch.icons / mastercard / 4-helpCreated with Sketch.icons / mastercard / 5-duty-freeCreated with Sketch.icons / visa / 5-london-eyeCreated with Sketch.icons / visa / 6-water-parkCreated with Sketch.icons / visa / 7-visa luxuryCreated with Sketch.aircraftCreated with Sketch.icons / both / go-to-siteCreated with Sketch.heartCreated with Sketch.moneyCreated with Sketch.icons / deposits / template depositsCreated with Sketch.ticketCreated with Sketch.

Why the bank gives the miles?

The miles are the reward from the bank for your paying by the card.


To understand why the bank gives them, let’s follow the money.

A monobank customer pays by the card in a shop’s terminal.

The terminals belong to a separate acquiring bank.

Since the payment goes through the terminals, the shop pays the acquiring bank a fee for every purchase paid for by the card

This money is used by the acquiring bank to pay fees to payment systems — MasterCard or Visa.

The fees vary, but about 20 UAH from each 1,000 UAH you spend go to the acquiring bank and the payment system.

The bank credits the customer with the miles in return for them using its cards and not another bank’s cards.

This is how banks and payment systems share their profit with the buyers.

You receive 20 miles for every 1,000 in the receipt.