Skip to main content

How does Cashback work?

When using your debit card, Cashback Rewards are exclusively available for users under the Pro and Premium plans and eligible purchases ea...

S
Written by Sigal Weiner
Updated over 3 weeks ago

When using your debit card, Cashback Rewards are exclusively available for users under the Pro and Premium plans and eligible purchases earn 1% Cashback Rewards!

The formula to calculate appropriate cashback rewards earnings is as follows:

(Total eligible purchase transaction amount) - (Total eligible purchase transactions return amount) X (1%) = (cashback amount awarded)

Purchases made through third-party payment accounts will not be eligible if the technology does not provide sufficient transaction details for rewards qualification. If you are given a refund for a purchase, this will be deducted from the value used to calculate your monthly cashback reward.

The value of earned Sequence Cashback Rewards will display on the account screen of the virtual card and will be paid directly to the designated Rewards account. Payment of the past month’s cumulative Cashback Rewards - from the settlement date of the first day of the month until the last day of the month - will be made to the Rewards accounts at the beginning of the following month.

Did this answer your question?