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Springboard Maintenance

Incentive Rates

You can set incentive pricing with this option.

Hover over the Maintenance menu, under Account Properties click on the Incentive Rates link.

 

 

Field Descriptions:

Cash Advance Interest Rate: Annual interest rate charges on incentive pricing cash advance principal.

Merchandise Interest Rate: Annual interest rate charged on incentive pricing merchandise principal.

Start Date: Date the incentive pricing period is scheduled to begin.

Expiration Date: Date the incentive pricing period is scheduled to end.

Note: Incentive rates will apply at the Master Account level.


To Set a New Incentive Rate:

  1. Enter a cash advance and a merchandise incentive rates.
  2. Enter the start and expiration dates for the incentive rates.
  3. Click on Create Incentives.​

 

Note: The start date must be today’s date or later and there must be an expiration date entered.

 

To review, change, or terminate a current incentive rate before the expiration date hover over the Account Properties option and click on the Incentive Rates link.

 

 

To Change or Terminate the Incentive Rate:

  1. Enter the new cash advance and merchandise incentive rates or change the dates.
  2. To terminate a rate before the expiration date, check the Terminate Current Incentive box.
  3. Select Update Incentives.

 

Note: If the current program is still valid, the expiration date can be edited to today or later as long as the other fields stay the same.

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Account Properties General Updates Incentive Rates Miscellaneous Fields Special Flags PIN Offset Delete Account Change in Terms
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