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Credit Card Applications » Questions » User Questions » Cash Back Rewards » “50% bonus cash back on purchases” – could you please explain what it means in detail. If ...

“50% bonus cash back on purchases” – could you please explain what it means in detail. If I have a purchase of 10,000.00 on the card I get a bonus of 5,000.00 cash back? I think I need an explanation. Send me a scenario. Thank You.

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Leo Zhu

It’s a bonus equal to 50% of your prior year’s cash backs earnings. For example, if you make purchases with your credit card and earn $200 cash back for it in one year, at the end of the year you will receive a bonus equal to 50% of what you earned that year, which equals to $100. So the total amount of cash back you get for that year is $200+$100=$300. Do note that the end of the year means your membership anniversary, not the end of a calendar year.

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Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
For Excellent/Good Credit
2X points on gas, utility and grocery store (excluding Target® and Walmart®) purchases and 1X points on all other purchases
For Fair Credit
Earn 1% cash back on gas and grocery purchases. Terms apply.
For Fair Credit

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