There is no limit to how much Stockback™ you can earn overall, however, there are some monthly bonus caps.
Designed to promote smart money moves, there are a couple of ways you can earn Stockback™:
Daily spending on your Douugh Card.
You can earn up to 3% on your first $100 spent and 0.5% on all spending over $100 on your Douugh card each month.Paying back a Spot on time or early.
A bonus 4% Stockback™ can be earned on the first $100 of the last fully repaid, qualifying Spot.
A qualifying Spot is just a Spot that was paid back on time or earlier (no missed, late or underpayments.)
Lets us a couple of examples to explain:
Example 1
A customer spends a total of $1,000 on their Douugh Card, and pays back a $500 Spot on time, all in a single month. They would receive the following Stockback™ over the month:
3% of first $100 spent = $3
0.5% of the remaining $900 = $4.50
4% of the first $100 of Spot they paid back = $4
Total Stockback™ for the month = $11.50
Example 2
A customer spends a total of $2,000 on their Douugh Card, and pays back a $1000 Spot on time, all in a single month. They would receive the following Stockback™ over the month:
3% on first $100 spent = $3
0.5% on the remaining $1900 = $9.50
4% on the first $100 of Spot they paid back = $4
Total Stockback™ for the month = $16.5
Ready to start earning Stockback™ ? If so, you might be interested to know: