![]() ![]() Jasper is unique even in the way it redeems rewards. If you make a Qualified Referral (up to a maximum of 10 at any time), your Cash Back Rate will be increased by the Referral Cash Back Rate of 0.5% for a 12-month period starting the day after the referred individual activities their Jasper Credit Card. A Qualified Referral is when you refer an individual to apply for a Jasper Credit Card that is not a current Jasper cardholder, that person applies and is approved, and that person activates theirJasper Credit Card. You can earn an up to an additional 5% Cash Back through Qualified Referrals. As noted above, the Eligible Amount for a given billing cycle shall not be greater than your credit limit. You will earn 1% Cash Back on the Eligible Amount. Here’s how Jasper describes the rewards potential: It’s this limitation that caused us to lower the Rewards Rating of the card to 4.0. After that, more friends would need to be referred to maintain the increase reward rate. Keep in mind, however, that the increased rewards last for 12 months. Subsequent friends referred will earn a 0.50% increase, up to a total of 6% cash back.įor those who can refer friends, the cash back rewards are unparalleled in the industry. ![]() There is a cash back maximum based on a cardholder’s credit limit.įor each of the first two friends referred to Jasper who are approved for and activate the card, the cardholder will get a 1% increase in rewards for a year. Cardholders start earning 1% cash back after three months of on-time payments. The Jasper Mastercard offers a rewards system unique in the credit card industry.
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