Cash Back Rewards Archives - Grasshopper

How do I qualify for unlimited 1% cash back?

Brana Webb — Sun, 12 Nov 2023 23:16:28 +0000

To participate in the Cash Back Program, you must be an Innovator Business Checking or Accelerator Checking account holder and maintain an average monthly balance of $10,000 or more in your account. Your account must also remain open, active and in good standing, and your purchases must be made with a debit card issued by Grasshopper Bank.

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What is considered a qualified purchase?

Brana Webb — Sun, 12 Nov 2023 23:15:39 +0000

Qualified purchases are limited to online and signature-based purchases made with a debit card issued by Grasshopper Bank from an Innovator Business Checking or Accelerator Checking account. The payment transaction type is ultimately decided by the merchant and how the transaction is transmitted to Grasshopper Bank at the time of processing. Any goods and services purchased with a Grasshopper Business Debit Card that are returned or otherwise credited to the account are not eligible for cash back. Unlawful purchases and purchases of currency, cash or cash equivalents are also not considered qualified purchases.

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How do I make a signature-based purchase?

Brana Webb — Sun, 12 Nov 2023 23:12:13 +0000

To make a signature-based purchase, select “credit” at point-of-sale kiosks. Typically, the “credit” option is often pre-selected when making purchases online using a debit card, however, the payment transaction type (signature-based or other) is ultimately decided by the merchant and how the transaction is transmitted to Grasshopper Bank at the time of processing. Online subscription payments may not be considered signature-based purchases.

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How do I redeem my cash back?

Brana Webb — Sun, 12 Nov 2023 23:11:37 +0000

At Grasshopper we believe in making your business banking experience as smooth and frictionless as possible, which is why we do not require account holders to redeem their cash back. As a benefit of being our client, we automatically apply your unlimited 1% cash back rewards each month in the form of a credit to your account.

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How can I maximize my cash back rewards?

Brana Webb — Sun, 12 Nov 2023 23:10:58 +0000

There are several different ways to maximize your cash back rewards, but the easiest way to increase your earnings is by switching your primary banking functions to Grasshopper Bank! You can also start maximizing your unlimited 1% cash back rewards by adding your Grasshopper Business Debit Card to your favorite digital wallet and ensuring that you’re using the right card for as many everyday purchases and transactions as possible. Always choosing your Grasshopper Business Debit Card at checkout will ensure that you get the most value from your rewards as long as you remember to select “credit” rather than debit when completing a purchase at point-of-sale kiosks. You can also enjoy the benefit of unlimited 1% cash back when you pay monthly bills by using your Grasshopper Business Debit Card to set up automatic and/or recurring payments.

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