Adam McCann, Financial Writer
@adam_mcan
Mercury Credit Card rewards work by giving cardholders 1 point per $1 spent on all purchases. Cardholders can then redeem these rewards for a statement credit, amazon.com purchases and gift cards through the Mercury website, mobile app or over the phone. Those are the basics, but there are a few other things to know about how Mercury Credit Card rewards work before you start earning and redeeming.
How Mercury Credit Card Rewards Work
- Earn rate on purchases: 1 point per $1 spent on all purchases
- Redemption options: A statement credit, amazon.com purchases and gift cards
- Methods for redemption: Through the Mercury website, mobile app or over the phone
- Rewards expiration: Rewards never expire as long as the account remains open and in good standing
You can learn more about how to redeem Mercury Credit Card rewards here on WalletHub. Keep in mind that no matter how you choose to spend your rewards, it’s always best to redeem them regularly as they don’t do you any good sitting unused in your account. Also, you should pay your balance on time and in full every month, so fees and interest don’t wipe out all of your gains from rewards.
People Also Apply For
People also ask
Can I still redeem rewards if I canceled my account?
No, you cannot redeem rewards if you've canceled your account, as access to rewards and benefits is tied to active membership. It's best to check with the specific rewards program's terms and conditions or contact customer service for details on your particular situation.
read full answer by Dan Whitmer, Rewards Programs AnalystHow can I redeem my credit card points?
You can usually redeem your credit card points online, through the issuer’s mobile app, or over the phone, depending on the card. Points credit cards offer several redemption options and the most common include cash back, travel purchases, and gift cards.
Once you redeem your credit card points, they’ll be subtracted from your rewards balance immediately. If you wish to redeem your points for a statement credit, it will generally be credited to your account within 2-3 business...
read full answer by Maria Adams, Credit Cards ModeratorHow do rewards cards work?
A rewards card gives the cardholder something back for each purchase, usually a percentage of the purchase amount as cash back, miles, or points. You can sometimes earn bonus rewards by spending a certain amount in the first few months you have the card, too. You can then redeem the rewards, usually for merchandise, statement credits, gift cards or travel. Generally, your rewards will be available to use after you see them tallied up on...
read full answer by WalletHub, Financial CompanyDid we answer your question?
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