“50% bonus cash back on purchases” – could you... - Cash Back Rewards Questions

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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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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.

All credit cards terms, fees and rates mentioned in this article/post are actual on the posting date. See the current products’ Terms & Conditions on the issuing banks' websites.
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INTRO OFFER: Discover will match ALL the cash back earned at the end of your first year, automatically.
For Excellent, Good Credit
Get a $200 cash rewards bonus after you spend $1,000 in purchases in the first 90 days after account opening
For Excellent Credit
Receive 1% cash back on eligible purchases, terms apply
For Fair Credit

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