The Calculator and Factor values are the basic values for calculating Rewards miles based on a dollar amount. The Calculator amounts indicate the dollar value for which one reward unit is awarded. The Factor values indicate the number of times that the Calculator amount is applied (maximum is 99). If the Factor value is set to 99, that Calculator will be applied infinitely.
Some examples are provided below. Click on the example number to view the calculations and description.
Example 1: only one component value assigned ( CALC 1) applied to a small amount ($10.00)
Example 2: only one component value assigned ( CALC 1) applied to a large amount ($300.00)
Example 3: three component values assigned ( CALC 1, FACTOR 1, and CALC 2) applied to a large amount ($300.00)
Example 4: four component values assigned (CALC 1, FACTOR 1, CALC 2 and FACTOR 2) applied to a large amount ($300.00)
To configure calculator and factor values, click here for instructions .
Values:
CALC 1 = $2.00 FACTOR 1 = 99
CALC 2 = 0 FACTOR 2 = 0
PURCHASE = $10.00
Calculation:
PURCHASE ÷ CALC 1 = REWARDS
$10.00 ÷ $2.00 = 5
Description:
Calculator 1 is applied to all sales of $2.00 or more, so the cardholder will receive 5 rewards miles for their $10.00 purchase.
Values:
CALC 1 = $2.00 FACTOR 1 = 99
CALC 2 = 0 FACTOR 2 = 0
PURCHASE = $300.00
Calculation:
PURCHASE ÷ CALC 1 = REWARDS
$300.00 ÷ $2.00 = 150
Description:
Calculator 1 is applied to all sales of $2.00 or more, so the cardholder will receive 150 rewards miles for their $300.00 purchase.
Values:
CALC 1 = $2.00 FACTOR 1 = 50
CALC 2 = $1.00 FACTOR 2 = 99
PURCHASE = $300.00
Calculation:
PURCHASE ÷ CALC 1 = REWARDS 1
$300.00 ÷ $2.00 = 150
If (REWARDS 1 > FACTOR 1) then (CALC 1 x FACTOR 1) = MAX PURCHASE 1
(150 > 50) so ($2.00 x 50) = $100.00
If (REWARDS 1 > FACTOR 1) then (MAX PURCHASE 1 ÷ CALC 1) = MAX REWARDS 1
(150 > 50) so $100.00 ÷ $2.00 = 50
PURCHASE - MAX PURCHASE 1 = PURCHASE 2
$300.00 - 100.00 = $200.00
PURCHASE 2 ÷ CALC 2 = REWARDS 2
$200.00 ÷ $1.00 = 200
If FACTOR 2 = 99 then MAX REWARDS 1 + REWARDS 2 = TOTAL
C/
F REWARDS
FACTOR 2 = 99 so 50 + 200 = 250
Description:
Calculator 1 is applied to sales of more than $1.99 and less than $100.01, so the cardholder will receive 50 miles PLUS Calculator 2 will be applied to any remaining purchase value, so the cardholder will receive an additional 200 reward miles for a total of 250 miles
Values:
CALC 1 = $2.00 FACTOR 1 = 52
CALC 2 = $1.00 FACTOR 2 = 98
PURCHASE = $300.00
REWARDS 1 = 150
MAX PURCHASE 1 = $104.00
MAX REWARDS 1 = 52
PURCHASE 2 = $196.00
REWARDS 2 = 196
Calculation:
PURCHASE ÷ CALC 1 = REWARDS 1
$300.00 ÷ $2.00 = 150
If (REWARDS 1 > FACTOR 1) then
(150 > 52)
(CALC 1 x FACTOR 1) = MAX PURCHASE 1
($2.00 x 52) = $104.00
(MAX PURCHASE 1 ÷ CALC 1) = MAX REWARDS 1
$104.00 ÷ $2.00 = 52
PURCHASE - MAX PURCHASE 1 = PURCHASE 2
$300.00 - $104.00 = $196.00
PURCHASE 2 ÷ CALC 2 = REWARDS 2
$196.00 ÷ $1.00 = 196
If FACTOR 2 < 99 then compare REWARDS 2 vs. FACTOR 2
(98 < 99) so (196 > 98)
If (REWARDS 2 > FACTOR 2) then
(196 > 98)
(CALC 2 x FACTOR 2) = MAX PURCHASE 2
($1.00 x 98) = $98.00
(MAX PURCHASE 2 ÷ CALC 2) = MAX REWARDS 2
($98.00 ÷ $1.00) = 98
MAX REWARDS 1 + MAX REWARDS 2 = TOTAL REWARDS
(52 + 98) = 150
Description:
Calculator 1 is applied to sales of more than $1.99 and less than $104.01, so the cardholder will receive 52 miles PLUS Calculator 2 will be applied to an additional $98.00 of purchase value, so the cardholder will receive an additional 98 reward miles for a total of 150 miles.