With the Bold Visa® Debit Card, your everyday spending can earn you Bold Points,¹ which can be redeemed for cashback or student loan payments. Follow this step-by-step guide to learn how to redeem your Bold Points.
Step-By-Step Guide for Redeeming Bold Points
1. Log Into Bold.org Account
You will be directed to your account dashboard.
Click on the "Banking" tab at the top of the page.
2. Navigate to Rewards Tab
In the Banking dashboard, click on the "Rewards" tab to view your Bold Points balance and redemption options.
3. Choose How to Redeem
In the "Rewards" tab, you will see:
Total Bold Points pending redemption
Bold Points earned for the month
Bold Points earned all-time
Choose one of the two redemption options:
Cashback
Student loan payment
4. Confirm the Process
You'll be asked to confirm your redemption of Bold Points. Once you click through, you'll receive a notification through your Bold.org Banking dashboard that the redemption has been completed.
Redeeming Bold Points for Cashback
Redeeming Bold Points for cashback is straightforward. For example, if you had 2,000 Bold Points, you could redeem all of them for $10 cashback. This cashback is transferred directly to your account, meaning it will increase the amount of money in your account.
Redeeming Bold Points for Student Loan Payments
Redeeming Bold Points for student loan payments offers you a better Bold Points conversion rate. For example, 2,000 Bold Points can be redeemed for $15 toward a student loan payment, a 50% increase from the cashback rate.
Ways to Earn Bold Points
Bold Points don't just come from spending. You can also earn them by completing tasks on Bold.org and applying for scholarship opportunities. Here are the top three ways to earn Bold Points:
Daily Spending: By simply spending on things you would normally buy, you can earn Bold Points at a 1:1 rate. So every $1 spent is equal to 1 Bold Point.
Taking Surveys: Bold.org partners with many organizations to provide the best opportunities for students. Taking one survey can earn you 100 BP and can be done in a matter of minutes.
Applying for Scholarships: Applying for scholarships not only puts you in the running for massive rewards, but it also earns you Bold Points to use for cashback and student loan payments.
Frequently Asked Questions About How to Redeem Bold Points
1. Is cashback or student loan payments better?
The better choice for you depends on your financial situation and spending habits. Cashback can be beneficial if you don’t have student loans and prefer extra funds for everyday expenses. On the other hand, redeeming toward student loan payments may provide more value if you have outstanding student loans. Ultimately, the decision is yours and depends solely on your financial goals, priorities, and how you prefer to use your rewards.
2. What happens if my Bold Debit Card is damaged, lost, or stolen?
If your Bold Debit Card is damaged, lost, or stolen, you should report it immediately by contacting Bold.org customer service. We recommend locking your debit card right away to help prevent unauthorized transactions and that you request a replacement card.
Bold.org Visa® Debit Card is a demand deposit account provided by Pathward®, N.A., Member FDIC. Bold.org Visa Debit Card is issued by Pathward, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. Card can be used everywhere Visa debit cards are accepted. Visa is a registered trademark of Visa U.S.A. Inc. All other trademarks and service marks belong to their respective owners. Register your Card for FDIC insurance eligibility and other protections.
Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account. Bold.org, Inc. is not itself a bank or a FDIC-insured institution and the FDIC’s deposit insurance coverage only protects against the failure of a FDIC-insured institution. Pathward, National Association is a FDIC-insured depository institution.
1. This offer is not a Pathward product or service. Pathward does not endorse this offer.