Monies are your new currency on slice. For every ₹1 you spend, you get 1 monies. You can convert these monies into real cash anytime you want 🤗. The conversion rate is:
|monies accumulated (range)||conversion rate to cash (%)|
|0 to 299,999 monies||1% Cashback|
|3,00,000-4,99,999 monies||1.5% Cashback|
|5,00,000 monies +||2% Cashback|
So, for example - If you’ve accumulated 6,00,000 monies and decide to convert all of it to cash, you’ll receive a cashback of ₹12,000 at 2% conversion rate. Similarly if you have 4,00,000 monies and you convert all of it to cash, you’ll receive a cashback of ₹6,000 at a 1.5% conversion rate.