We group merchant that is similar into groups for purposes of making reward provides for your requirements.

We group merchant that is similar into groups for purposes of making reward provides for your requirements.

Base Rewards Tier: Earns (i) one (1) point for every single dollar you may spend for net shopping purchases (gross retail acquisitions less any returns or credits), (ii) three (3) points for every single buck you may spend for web retail acquisitions into the follow benefits category: gasoline stations (2 additional points in addition to the 1 point per dollar obtained on web retail acquisitions), (iii) two (2) points for every single buck spent for web retail acquisitions when you look at the after benefits categories: restaurants and travel (airlines, automobile leasing, and lodging) (1 extra point on the top of 1 point per dollar obtained on web retail purchases).

Rewards groups: Merchants who accept Visa credit cards are assigned a vendor rule, which will be decided by the vendor or its processor relative to Visa procedures on the basis of the forms of products they mainly offer. We group merchant that is similar into groups for purposes of making reward provides for your requirements. Continue reading “We group merchant that is similar into groups for purposes of making reward provides for your requirements.”