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What is the Jiffy+ Spending Account Cancellation Policy
What is the Jiffy+ Spending Account Cancellation Policy

Jiffy+ Spending Account Cancellation Policy

Rosita avatar
Written by Rosita
Updated over a week ago

At the time of cancellation:

  1. If you’ve spent less than the total subscription fees paid, then you can cancel at no additional cost

  2. If you’ve spent more than the total subscription fees paid, but less than the annual subscription amount of $900, then you will be required to pay the difference

  3. If you’ve spent more than the annual subscription amount, then you will be required to pay the difference between fees paid and the annual subscription amount up to a maximum of $900

The examples below help explain a few of these scenarios:

Example 1: 
You've spent less than the total subscription fees paid

The amount you’ve used from the Spending Account (Redeemed value) is less than subscription payments to date. You can cancel this subscription at no additional cost.



Example 2: 
You've spent more than the total subscription fees paid

The amount you’ve used from the Spending Account (Redeemed value) is more than the subscription payments to date. To cancel this subscription, you would pay the outstanding redeemed value of $216 + tax.

Example 3:
 You've spent more than annual subscription amount

The amount you’ve used from the Spending Account (Redeemed value) is more than the annual subscription amount. To cancel this subscription, you would pay the difference between the subscription payments paid to date and the annual subscription amount, or $375 + tax.

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