How many cashback points you earn per dollar spent will vary based on the merchant. It can also depend on the various types of deals offered by the merchant and what you purchase. For example, a merchant may offer 3% back (3 points per $1 spent) on clothing and 5% back (5 points per $1 spent) on shoes.
Merchants offer two main types of deals:
- Percent rate: The reward amount is being calculated as a % of the qualified transaction amount, e.g.: “5% back at Target”
- Fixed: The reward amount is a fixed amount for every transaction, usually in points, e.g.: “25 points per Lyft ride”
While some merchants offer a single cashback rate on all of the brand’s eligible products, some merchants may also have multiple cashback rates for different purchase categories, e.g.: 2% on Electronics, 7% on Health, 10% on Clothing.
These rates can change at any time and can vary from user to user. Each deal has specific Eligibility Criteria, Exclusions & Limitations, as well as Specific Terms, so make sure to read a deal’s details before using it. You’ll find all the info you need in the Rewards tab of the app.