Levels are unlocked based on how much spend/how many points you collected for the month. Meanwhile, the next level will be unlocked immediately when you hit the minimum spend/total points collection criteria for the next level without waiting for the next month. If your total monthly spend/points collection do not meet the minimum spend/total points collection criteria for the particular level, you will be downgraded by 1 level in the following month.
Example:
Jan : I earned 20 points and I am at level 2
Feb: I earned 0 point anda I am at level 1 in March
Mar: I earned 100 points and I will immediately unlock level 5
Apr: I earned 0 points and I will be downgraded level 4 (1 level lower than previous)
To maintain your current level, you will need to make spend the same amount/collect enough points per requirement of your current level.
The bonus points you earn may be different for every transaction that you make. The more you spend, the faster you unlock the next level, the more bonus points you get.
