Minimum Spend
Categories: Company Management
Sign up now and buy ten puppies to get a doghouse and one free flight! Sign up now and spend $3,000,000 in the first three days to earn one gajillion noodle-doodle points!
Yes, that second one is designed especially for Bezos.
Many credit cards nowadays not only come with their own reward programs, but with minimum spend requirements in order to earn their sign-up bonus. A great deal, or a scheme to get you to empty your wallet? That’s for you to decide.
Minimum spend is the amount a consumer must spend in a certain time period to unlock that sign-up bonus. It can be in dollars or points, and the rewards vary from dollars and points to airline vouchers to puppies...okay, not puppies, but we’re waiting for the day. Patience.