How Does It Work?
Shop and your points accumulate:
- For debit card transactions, earn (1) point for every $2.00 spent. This excludes pin transactions.
- For credit card transactions, earn (1) point for every $1.00 spent.
- Plus, earn additional points by shopping at participating retailers in-store or online at https://www.uchooserewards.com.
Redeem points for a wide selection of items or a reduced rate for your new consumer loan (see below)!
For loans up to $30,000.00:
| Rate Reduction |
Points |
| 0.50% |
15,000 |
| 1.00% |
30,000 |
For loans over $30,000.00:
| Rate Reduction |
Points |
| 0.50% |
1/2 point for each $1 amount of the loan |
| 1.00% |
1 point for each $1 amount of the loan |
Examples:
For a 0.50% reduction on a $40,000, the amount of points needed would be (40,000 x .50) = 20,000 points.
For a 1% reduction on a $40,000 loan, the amount of points needed would be (40,000 x 1) = 40,000 points.