Tiered Rewards

Many credit card rewards programs are tiered. This means that the more money you spend, the greater the return per dollar.

An example would be: “If you spend between $1 and $1,000 a month you get 2% cash back, but if you spend above $1,000 you will receive 3% cash back.”

It is a common method of rewards programs for most major credit cards. This way you will want to spend more money on this particular card over another card because you will be rewarded for spending more money.

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