Movies and shows: This category includes expenses related to movie and TV show tickets or subscriptions.
Gaming: This category includes video games, gaming consoles, and accessories expenses.
Music: This category includes expenses related to music streaming services, concert tickets, and purchasing music albums.
Sports and activities: This category includes expenses related to sports events, gym memberships, and other physical activities.
Travel: This category includes expenses related to traveling for entertainment purposes, such as vacations, weekend trips, or amusement parks.
Events and performances: This category includes expenses related to attending live events such as concerts, theater performances, or comedy shows.
Retail
Groceries: This category includes expenses related to purchasing food and household essentials from grocery stores.
Clothing and fashion: This category includes expenses related to purchasing clothing, shoes, and accessories.
Home goods and furniture: This category includes expenses related to purchasing home goods such as bedding, kitchenware, and furniture such as sofas, tables, and chairs.
Health and beauty: This category includes expenses related to personal care products such as skincare, haircare, makeup, and other health products.
Electronics and appliances: This category includes expenses related to purchasing electronic devices such as smartphones, laptops, TVs, and home appliances such as refrigerators, washing machines, and vacuum cleaners.
Toys and games: This category includes expenses related to purchasing toys and games for children or as gifts.
Pet supplies: This category includes expenses related to purchasing food, toys, and other supplies for pets.
Automotive and accessories: This category includes expenses related to purchasing cars, motorcycles, and accessories such as car parts, tires, and oil changes.
Books and stationery: This category includes expenses related to purchasing books, stationery, and office supplies.
Restaurant
This category includes expenses related to dining out at restaurants, cafes, or fast food chains.
Services
Education: This category includes expenses related to educational institutions, tuition fees, books, and other learning materials.
Utilities: This category includes expenses related to internet and cable bills.
Insurance: This category includes expenses related to insurance policies such as health, auto, home, and life insurance.
Health care: This category includes expenses related to doctor visits, medications, and other healthcare-related services.
Personal services: This category includes expenses related to personal care services such as haircuts, salon visits, spa treatments, and other grooming services.
Financial services: This category includes expenses related to financial services such as bank, financial advisor, and investment fees.
Legal services: This category includes expenses related to legal services such as attorney fees, notary fees, and legal document preparation.
Home services: This category includes expenses related to home maintenance services such as landscaping, cleaning, pest control, and repairs
Transportation
Public transportation: This category includes expenses related to buses, trains, and other forms of public transportation such as subway fares.
Ride-hailing services: This category includes expenses related to ride-hailing services such as Uber, Lyft, and other similar services.
Ticket: This category includes expenses related to plane tickets, train tickets, boat tickets, ferry tickets, etc
Parking fees: This category includes expenses related to parking fees for work or other activities.
Toll fees: This category includes expenses related to toll fees on highways and bridges.
Vehicle lease or loan payments: This category includes expenses related to monthly payments for a leased or financed vehicle.
Vehicle insurance: This category includes expenses related to car insurance premiums and other car-related insurance policies.
Vehicle registration: This category includes expenses related to vehicle registration fees and renewal costs.
Vehicle purchase: This category includes expenses related to owning a vehicle.
Maintenance: This category includes expenses related oil changes, car washes, and other maintenance expenses.
Energy
Gas: This category includes expenses related to natural gas usage for heating or cooking.
Fuel oil: This category includes expenses related to fuel oil used for heating.
Electricity: This category includes expenses related to electricity usage at home or in the workplace.
Propane: This category includes expenses related to propane usage for heating or cooking.
Green energy: This category includes expenses related to using renewable or green energy sources such as solar or wind power.
Lodging
Rental: This category includes expenses related to renting a house or an apartment.
Hotel: This category includes expenses related to staying in hotels, hostels, resorts, or other accommodation methods.
Mortgage: This category includes expenses related to owning a house or apartment, including mortgage payments.
Proposed regulations:
Each receipt will belong to a specific sub-category as defined above, and each sub-category will have its monthly cashback limit.
Category
Proposed limit (in USD)
Rate
Entertainment
$90
4.5%
Retail
$700
35%
Restaurant
$200
10%
Services
$100
5%
Transportation
$300
15%
Gas
$160
8%
Lodging
$450
22.5%
TOTAL
$2000
100%
When the invoice is uploaded and approved, the cashback percentage will be determined by the purchased brand. Then, the cashback amount to be refunded will be calculated based on the invoice categories.
For example: The maximum cashback amount per month is $1600. This spending level must be distributed across different categories to qualify for the maximum cashback.
Invoice 1: $300 from a store in the Gas category with a 20% cashback rate
Invoice 2: $50 from a store in the Retail category with a 30% cashback rate
Therefore, the total cashback amount for the two invoices above is $47, calculated as follows:
Receipt
Category
The limit is calculated for the current cycle
% cashback
Cashback amount for this cycle
Amount paid in next cycles
300$
Gas
160$
20%
32$
$300 - $160 = $150
50$
Retail
700$
30%
15$
0$
Thus, if the member continues to upload an invoice under the 'Gas' category, they will not receive any additional cashback as they have reached the limit. However, if the member uploads invoices under categories that have not yet reached the limit, they will still receive cashback based on the cashback percentage of the store.
