Where do the rewards come from?
Merchant partners have teamed up with Accrue to offer money towards your purchases with them. This helps you save quicker for the things that you want and reward you for doing so
How do I earn rewards?
You will earn rewards with every deposit you make towards your savings goal
How do I get the highest amount of rewards?
Your reward amount will increase as you make deposits and are actively working towards your savings. Your reward amount can decrease for inactivity as well. The best way to guarantee the most rewards towards your purchase is to keep your account active.
Can they be used on my purchase or are they money off a future purchase?
All rewards you earn can be used towards your purchase. For example: If you are planning to buy something for $100 you will set that as your goal. As you make deposits towards that goal you earn rewards along the way. If you earn $10 in rewards you would only need to deposit $90 towards that $100 goal.
If I transfer my money to a new savings goal will the rewards transfer with it?
The rewards amount changes between merchants. You will get the rewards that are associated with the new merchant or savings goal you are switching to. However, the level you were at for each deposit will transfer with the money so if you were earning the max amount of rewards for your deposits that level transfers for those deposits to the new savings goal.
What if I spend less than my savings goal?
Rewards are applied at the time of purchase on a prorated basis
For example: if you have a $500 balance including $400 in your deposits and $100 in earned rewards and you make a purchase for $250 (50% of total savings goal balance) You would use $200 in your deposits and $50 in rewards. The remaining balance would stay in your savings until you make another purchase or stop your savings.
What if I spend more than my savings goal?
We offer a buffer amount to make your purchase in case the amount is over your savings goal. If you spend more than what is in your savings you will still earn rewards towards that purchase and we will issue a one time transaction from your payment source to cover the remainder.
For Example: If you had a savings goal of $500 and were earning 10% in rewards at the time and your total purchase amount was $600. We would contribute an additional $10 in rewards and withdraw $90 from your attached account to cover the difference.
Have more questions?
You can email us at any time at support@accruemoney.com and someone from our support team will be in touch.
You can also call 1-844-918-3672 if you prefer to speak to a representative.