KAST will not launch a token for Points. Points earning ends on 30 November 2026, and in the first week of December 2026 eligible Points convert into KAST Pioneer Units (KPUs). Some users who are not eligible get KAST reward vouchers instead. This comes from KAST's official FAQ, which we read on November 5, 2026.
KPUs are not shares. They cannot be sold or transferred, and they have no guaranteed cash value. If you get KPUs, you must complete an in-app acknowledgement by a December deadline or lose them. USD cashback continues.
KAST had not published the conversion formula, the voucher amounts, or any cash-out date as of November 5, 2026.
What happens and when
| Date | What KAST says happens |
|---|---|
| Until 30 November 2026 | Users who currently earn Points can keep earning through eligible activity. The change does not expand who can earn. |
| 30 November 2026 | Points earning ends. Points earned up to and including this date count toward the final calculation. |
| First week of December 2026 | Eligible Points convert to KPUs. Balances, program terms, and voucher details are shared. The KPU balance appears under Rewards in the app. |
| By the deadline in your December update | Eligible users complete a short in-app acknowledgement to keep their KPUs. |
| Later (no date given) | KAST plans periodic cash-out options. |
KPUs or vouchers: which one do you get?
Your email and in-app announcement say which pathway applies to you. KAST says eligibility depends on your Points balance, your KAST balance, your country of residence, and legal and regulatory requirements. It does not publish a list of excluded countries.
| KPUs | Reward vouchers | |
|---|---|---|
| Who gets them | Eligible users | Some users who are not eligible for KPUs |
| What they are | Contractual rights with a notional value that can rise or fall | Credit for eligible spending |
| Can you withdraw them? | No. Not cash you can withdraw | No. Not cash |
| Can you sell or transfer them? | No | Terms come in December |
| What you must do | Complete the in-app acknowledgement by the deadline | Details come in December |
| Unknown so far | Conversion formula, value method, cash-out dates | Amount, limits, expiry |
US users are handled separately. KAST says KPUs are available to them only through a separate US program with its own terms, verification, and timing. US users who are not eligible for it, or who do not complete it, receive vouchers.
You also need an open account in good standing to receive either one. Closing your account before conversion can cost you the reward.
What to check before 30 November
- Find your announcement. Look for the KAST email and in-app message that names your pathway.
- Check your country of residence. KAST warns that out-of-date account details may change what applies to you.
- Save your current Points balance. A dated screenshot helps if the December figure looks wrong.
- Keep the account open. Don't close it while you wait for the update.
- Watch for the December update. The acknowledgement deadline is the one step that can cost you the KPUs.
The easiest mistake here is ignoring the December message. The deadline had not been published on November 5, 2026, so check your email and the app in the first week of December.
Is it worth spending or upgrading for final Points?
We don't think so. Points earned from Premium and Private card spend still count until 30 November 2026, but KAST hasn't said how Points turn into KPUs, and KPUs have no guaranteed value. Paying $1,000 a year for Premium mainly to earn Points for a few weeks is a bet on terms nobody can read yet.
Standard card spend does not earn Points under the current program, so nothing changes for new Standard users. Judge KAST on what continues: 1.5% USD cashback on the first $2,000 a month on Standard, 2% on $10,000 on Premium, and 3% on $40,000 on Private, plus FX and ATM costs. Our KAST cashback guide has the break-even math.
Ad: "Open KAST" is a referral link. We may earn a commission if you sign up. Your cost doesn't change. Eligibility and rewards aren't guaranteed.
FAQ
When do KAST Points end?
KAST's FAQ says Points earning ends on 30 November 2026. Points earned up to and including that date count toward the final conversion calculation in early December 2026.
What are KAST Pioneer Units (KPUs)?
KPUs are contractual rights issued by a special purpose vehicle linked to KAST under program terms. KAST says they are not shares, carry no ownership or voting rights, cannot be sold, transferred or traded, and have no guaranteed cash value or payment. KAST says it plans periodic cash-out options in the future, without giving dates.
Is the KAST token launch cancelled?
Yes. KAST's FAQ says a token generation event "simply isn't the path KAST was conceived to take" and that Points will move to KPUs or vouchers instead.
Do I need to do anything now?
KAST says there is nothing you need to do yet. Keep your account in good standing and make sure your country of residence is correct, because it can change which pathway applies. In December, eligible users must complete a short in-app acknowledgement by the deadline in their December update.
What happens if I miss the KPU acknowledgement deadline?
Under the standard program terms, KAST says your KPU balance will be cancelled, your former Points will not be reinstated, and no replacement reward will be provided, subject to applicable law.
Can I choose vouchers instead of KPUs?
No. KAST says you cannot choose vouchers instead or exchange KPUs for vouchers. Vouchers go to some users who are not eligible for KPUs. They are not cash and cannot be withdrawn.
Does cashback continue after Points end?
Yes. KAST's FAQ says cashback continues, subject to the applicable cashback terms. Standard card spend does not earn Points under the current program, so its 1.5% USD cashback is the main reward either way.
Should I upgrade to Premium to earn more Points before 30 November?
We would not upgrade for that reason alone. Premium costs $1,000 a year, Points earning ends on 30 November 2026, the KPU conversion formula has not been published, and KPUs have no guaranteed cash value. Judge Premium on its 2% USD cashback and other benefits.
Sources
Read on November 5, 2026. Your December update and program terms override this page for your own account.