This is just an update to all Manhattan card holders that the 5% rebates for the top tier spending of more than $3,000 has been revised to 3%.
The maximum rebate that can be gotten remains unchanged – capped at $200 per quarter.
Due to this reduction of rebates to 3%, instead of the recommended spending limited to $4,000 in a particular month, the amount is now changed to $6,666.
The table below shows the new rebate structure.
Total Spending reflected in the monthly statement | Cashback Tier | Maximum Cashback in a quarter |
---|---|---|
$1 to $999 | 0.50% | $200 |
$1,000 to $2,999 | 1.00% | Same as above |
$3,000 and above | 3.00% | Same as above |
For more details on how to use Manhattan card, refer to my previous post here.