You earn five percent (5%) Cash Back Rewards when you, or an authorized user, use a Card to make up to $5,000 of purchases per year (minus refunds and returns) with eligible home improvement merchants and then one percent (1%) thereafter minus refunds or returns.

For Bonus Cash Back Rewards at 5%, this equates to Five Cents ($0.05) in Cash Back Rewards for each One Dollar ($1) spent on eligible home improvement purchases, and for other Cash Back Rewards, this equates to One Cent ($0.01) in Cash Back Rewards for each One Dollar ($1) spent.

Purchases with the following types of merchants are eligible for the Bonus Cash Back Rewards at five percent (up to a maximum of $250 in Cash Back Rewards on a maximum of $5,000 in eligible purchases): Home Supply Warehouse Stores, Hardware Stores, General Contractors – Residential & Commercial, Heating, Plumbing & Air Conditioning Contractors, and Electrical Contractors.

You can redeem your 1% Cash Back Rewards at any time on your Baselane account. You may redeem your 1% Cash Back Rewards starting at $10, with no maximum redemption limit. When you elect to redeem your 1% Cash Back Rewards, your funds will generally be deposited into your account instantly. For all rewards above 1%, Cash Back is credited once per month to your account with a maximum of $5,000 annual spend per calendar year.

Did this answer your question?