rewards program

Points for purchases

A rewards program is a system businesses use to encourage repeat customers by offering points, discounts, or other benefits for purchases.

Airlines pioneered this with frequent flyer miles; now nearly every retailer has one: Sign up for our rewards program and get 10% off your first order.

The program typically tracks spending and converts it to redeemable value.

Related

perks · cashback · credit card · membership · tiers · redeem · bonus · earn · swipe · platinum · gold · exclusive · special offer · freebies · free gift · accumulate · status · VIP

Categories
Opposites
customer incentive structure

rewards programlate fees

Penalties for delayed payment

fee structure · cancellation fees · penalty fees · surcharges · hidden fees

transaction timing

rewards programinstant rebate

Immediate price reduction at purchase

flash sale

value exchange direction

rewards programfee schedule

Listed prices for services

blacklist · demerit system

Family

reward, rewards, rewarded, rewarding, rewardingly, unrewarded, unrewarding, program, programs

Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Timeless · Positive · Everyday, not technical · Rated G