Credit Card Cash Back Configuration

Screen ID: 

UCRDRCFG-01
Screen Title:

Configure Credit Card Cash Back Program
Panel ID: 6824
Tool Number: 1550 or 1555
    Click here to magnify

Access this screen by selecting Tool #1550 Credit Card Cash Back Program Config. A view-only version is available via Tool #1555 View Credit Card Cash Back Program

This screen is the first screen in configuring a credit card cash back reward program for members.

Program Overview

The credit card cash back reward program is a way to reward your members for their purchases. Each purchase with Origin Code 22 will earn the percentage configured in the program as "cash back" to their credit card loan or as a payout to their base share account (000). CU*BASE will track year to date and lifetime reward dollars and print both the reward and YTD/LTD totals as a transaction on the monthly credit card statement. To configure your program, enter the information as noted below and use Enter to save.

When calculating the reward, CU*BASE reviews purchases as well as return debits to the loan account and awards the points based on the purchases minus those debits.  If a return is made in the following month's cycle, it subtracts from the reward earned and may appear as a negative amount in the Cash Back Earned column on the Cash Back Transaction Register. Negative amounts will display in the Carried From Prior Month column until satisfied. See these fields after a member in enrolled using the CC Reward Maint button in Tool #20 Update Account Information.

On the last day of the month, two reports are generated, Cash Back Transaction Register (PCRDPRNTR) and Cash Back Transaction Errors (PCRDPRNTE), which are available in CU*Spy.

Select Add Program (F6) to move to the next screen. You can also select to Edit, View, or Copy an existing program, as well as Suspend or Delete.  

Additional Resources

  • See further instructions on Cash Back Reward programs and other promotional items in the Credit Card Promotions Guide.

  • The Cash Back Calculation Report (PCRDPRNTG), generated each EOM, details MCC Group, All Other, and Total Transaction information for each program (by program code).

  • Need assistance? The Cards & Payments team is available for you. Visit the CU*Answers Store for more information.

Field Descriptions

Field Name

Description

Code

The 2-digit alphanumeric code assigned to the rewards program. This code is what attaches the program to the loan category.

Description

The description of the program. This is not a member facing description. (Statements will use the Primary transaction description on the next screen.)

Rate

This rate column shows the rate configured for a program. If a cash back program is utilizing a merchant category code group for rewards, that rate will show in the second rate column on screen and as noted below.

For programs using MCC groups, this column will show the rate for transactions that are not in the specified group.

Maximum

This column lists the maximum payout cash back amount. Regardless of your payout frequency, this field is the maximum reward amount that can be generated per month.

Minimum

This column lists the minimum payout cash back amount. Members must have made at least $.01 in purchases to qualify for any reward. If a member has earned less than the amount configured in this field based on percentage, and they have at least $.01 in purchases, they will receive the minimum amount listed in this field.

Payout Frequency

This column lists the payout frequency (monthly, quarterly, or annually).

Group

If a program is configured to pay rewards to a merchant category group, it will show in this column.

Rate

This rate is the rate in a program given to transactions within the configured merchant category group.

 

Functions

Button

Description

Edit

Select a program and this function to edit an existing program.

Copy

Highlight a program and use this function to easily begin a new program. The ADD screen will open with details from the copied program - assign a new program code and adjust any settings to continue.

Delete

Use this function to delete a program. Programs cannot be deleted if the code is attached to a member.

View

Use this function to access a view of the program.

Suspend/Reactivate

Use this option to suspend or reactivate a program. Suspending a program disallows the program code from being assigned to a loan category or member account but does not stop the program from generating rewards for attached members.

Suspended programs will appear highlighted in yellow.

Expense Estimator

Select a program and this function to access the CCCB Program Expense Estimator.