QUOTE(edwardccg @ Mar 8 2016, 07:01 PM)
kelvinlzy mentioned is effective cash back
the cash back is tier based, you calculate it just like income tax
first 1k = 0.5%
1k-2k = 1.5%
2k-3k = 3%
3k - unlimited = 0.3%
spend 1k = 1k * 0.5% = 5, effective 0.5%
spend 1.5k = 1k * 0.5% + 500 * 1.5% = 12.5, effective 1%
spend 2.5k = 1k * 0.5% + 1k* 1.5% + 500 * 3% = 35, effective 1.4%
spend 3k = 1k * 0.5% + 1k* 1.5% + 1k * 3% = 50, effective 1.67%
spend 5k = 1k * 0.5% + 1k* 1.5% + 1k * 3% + 2k *0.3% = 56, effective 1.12%
the cash back is tier based, you calculate it just like income tax
first 1k = 0.5%
1k-2k = 1.5%
2k-3k = 3%
3k - unlimited = 0.3%
spend 1k = 1k * 0.5% = 5, effective 0.5%
spend 1.5k = 1k * 0.5% + 500 * 1.5% = 12.5, effective 1%
spend 2.5k = 1k * 0.5% + 1k* 1.5% + 500 * 3% = 35, effective 1.4%
spend 3k = 1k * 0.5% + 1k* 1.5% + 1k * 3% = 50, effective 1.67%
spend 5k = 1k * 0.5% + 1k* 1.5% + 1k * 3% + 2k *0.3% = 56, effective 1.12%
QUOTE(kelvinlzy @ Mar 8 2016, 10:56 PM)
Keyword is tier-based. If RM90 rebate means that it would be the same as Aeon Watami which offers 3% rebate.
Thanks bro for your clarification. RxnggxtPlxs website showed otherwise, and the official website didn't quote any example. I dropped an email to their CS but no reply yet.
Mar 9 2016, 10:11 AM

Quote
0.0198sec
0.27
6 queries
GZIP Disabled