|
You can earn a cash back reward – up to 1% – on purchases made with your Elan Cash Rewards Visa Card. The reward is based on the customer's annual credit card purchases. See the example below.
| Annual Purchase |
|
Cash Back Rewards |
|
|
|
| $0 – 1,000 |
|
.25% |
| $1,001 – 2,000 |
|
.50% |
| $2,001 – 3,000 |
|
.75% |
| $3,000+ |
|
1.0% |
|
Example:
Annual expenses total $14,790. |
|
|
|
| First $1,000 in purchases times .25%= |
|
$2.50 |
|
| Next $1,000 in purchases times .50%= |
|
$5.00 |
|
| Next $1,000 in purchases times .75%= |
|
$7.50 |
|
| Last $11,790 in purchases times 1.0%= |
|
$117.90 |
|
| Total Cash Reward is |
|
$132.90 |
|
|
