How Rewards are Calculated

Rewards are estimated instantly and finalized at the end of each month.

BCard distributes community rewards for every purchase you make, but the calculations can be different depending on which community you've selected.

In general, rewards are estimated at the time of purchase. At the end of every month, the BCard team finalizes the rewards and makes them claimable. You can see an accounting of all rewards we have distributed here in our Public Community Rewards sheet (updated monthly).

Read on to learn more.

Two Types of Rewards: Fixed and Variable

BCard works with many different kinds of communities, and tailors our reward program based on the community's wishes. As a result, we have two kinds of rewards available: fixed rewards and variable rewards.

Fixed rewards are based on a certain rate/dollar spent (ex. 1 BCARD/dollar spent).
Variable rewards are based on the amount of interchange revenue generated for your purchase (ex. You spend $100 USD and generate $1 USD in interchange revenue for your community, you get $1 worth of your community's token).

Variable rewards are estimated at the time of purchase based on the current price of the community's social token and our current interchange revenue rate. Both token price and interchange revenue rate can change during the month, so at the end of the month, we reconcile rewards by doing the following:

Calculating interchange revenue you created through your spend (note: this could go up depending on our total transaction volume).
Using the revenue generated by you to buy your community's token (note: the price of the token could go up/down during the month).
Making your tokens claimable.
Updating the app to show your claimable tokens and how much token you earned per transaction.

Community Reward List

Here are the reward rates for each of our communities:

Community

Token

Type

Rate

Last updated 20 days ago