Earned on the spend you were making anyway. Not on the fee you pay us.
Earned only on settled invoices with Stamped suppliers, at the rate printed beside the name. Funded by supplier margin, never by your fee.
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.
Rates per category, as printed beside each supplier.
| Category | Rate band | Stamped suppliers |
|---|---|---|
| Finance | KP 3 to KP 6 / £1Sample. Not decided. | 2 Stamped · 1 region |
| Legal | KP 3 to KP 6 / £1Sample. Not decided. | 1 Stamped · 1 region |
| Marketing | KP 5 to KP 10 / £1Sample. Not decided. | 2 Stamped · 2 regions |
| Digital and IT | KP 4 to KP 8 / £1Sample. Not decided. | 3 Stamped · 3 regions |
| People and HR | KP 4 to KP 8 / £1Sample. Not decided. | 1 Stamped · 1 region |
| Insurance and Risk | KP 5 to KP 10 / £1Sample. Not decided. | 2 Stamped · 2 regions |
| Property and Energy | KP 2 to KP 5 / £1Sample. Not decided. | 1 Stamped · 1 region |
| Growth | KP 4 to KP 8 / £1Sample. Not decided. | 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 worked year: a 20-person firm buying from Register suppliers
| 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. A formal tax opinion is being taken before launch; your accountant can read every line of your Ledger.
Earned only on settled invoices with Stamped suppliers, at the printed rate. KP 100 = £1. Nothing on the fee.