DolarApp gets better the more you use it - both when you increase your balance and when you pay with your DolarCard.
Earning cashback is easy:
💰 Add digital dollars to your account. The more balance you have in DolarApp, the larger will be your spending eligible for 4% cashback
💳 Spend with your DolarCard. Use your card to spend both in pesos and in dollars, online and physically. All transactions will give you cashback!
🤑 Get your cashback. At the end of the month, you will get your cashback. For every $10 digital dollars of average monthly balance, $1 USD of card spending (or equivalent in pesos) will be eligible for 4% cashback. The rest will still be rewarded at 1%!
Let's go through an example:
At the end of the month, your average balance was $2,000 digital dollars
During the month, you spent 5,000 pesos, which is $250 USD
Your eligible 4% cashback spending is $200 USD (10% of your average balance of $2,000 digital dollars), which will give you $8 digital dollars
The remaining of your spending ($50 USD) will be rewarded with 1%, which will give you $0.5 digital dollars
In total, you will get back $8.5 digital dollars for your card payments on that month!
Still have questions? Reach out to us on the support tab and we will help you!