What Readers Should Know
SkyroCredit’s updated cashback program lets eligible users choose four of seven spending categories monthly and earn up to 30% on eligible purchases. Cashback can be applied to future SkyroCredit purchases.
Key Takeaways
- Advertised cashback reaches up to 30% on eligible purchases.
- Users choose four of seven categories each month.
- Available categories and rates may change monthly.
- The new announcement states there is no minimum purchase requirement.
- Cashback has a peso value for future SkyroCredit purchases.
Skyro has introduced an updated SkyroCredit Cashback program that lets eligible customers choose where they earn rewards, with advertised rates of up to 30% on eligible purchases.
The program allows users to select four of seven spending categories each month. Available categories and rates can change, giving customers the option to adjust their selections as their spending priorities shift.
Rewards based on monthly spending choices
Category options may include groceries, restaurants and fast food, drugstores, online shopping, fuel, bills, and education.
For example, a customer anticipating more grocery and fuel spending can consider those categories when making their monthly selections. The advertised 30% is a maximum rate; the applicable rate depends on the options available to the customer.
Skyro’s October 5 announcement says the updated program has no minimum purchase requirement to earn cashback.
Cashback for future purchases
Every ₱1 earned in cashback is equivalent to ₱1 that can be applied to a future SkyroCredit purchase.
This gives the reward a peso value within the product’s purchase-payment process. Customers can review the categories, rates, and applicable reward conditions displayed in their app before paying.
Skyro Head of Product Dmitriy Vavulidi said the program is intended to give customers greater choice and control over where they earn rewards.
Paying through QR Ph
Eligible customers can use SkyroCredit by scanning or uploading a merchant’s QR Ph code in the Skyro Philippines app, then paying with their available credit limit.
The credit line is reusable: as customers repay what they have used, credit becomes available again for subsequent purchases.
Skyro also advertises up to 45 days at 0% interest when customers pay the required interest-free amount by the due date. Cashback and repayment obligations are separate features, so customers should check their bill and payment schedule alongside their rewards.
For current product information, visit Skyro’s official announcement.
Frequently Asked Questions
How much cashback can users earn?
Up to 30%, depending on the eligible category and applicable rate.
How many categories can users choose?
Four of seven each month.
Is there a minimum purchase requirement?
Skyro’s October 5 announcement says there is none under the updated program.
How is cashback used?
Every ₱1 earned can be applied as ₱1 toward a future SkyroCredit purchase.
How does the interest-free period work?
Skyro advertises up to 45 days at 0% interest when the required interest-free amount is paid by the due date.
Gabriel
Introvert, wanderer, blogger, foodie, a hip-hop music writer, and one of the co-founders of a tech start-up company called GigsManila.
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