Cash Back Rebate Program. From the date your Account is opened (or the first day of the billing cycle following enrollment in the Cash Back Rebate program, whichever is later) until your Account is closed and/or enrollment in the Cash Back Rebate program is cancelled, you will accrue a 1% Rebate for each dollar of qualifying net purchases charged to your Account during each billing cycle that the Account is open, current, and no payment is past due. Transactions excluded from receiving Rebates include (but are not limited to), cash advances, balance transfers, ATM transactions, unauthorized charges, fraudulent charges, fees, interest charges, foreign cash transactions, casino gaming and betting transactions and lottery tickets. To participate in the Cash Back Rebate program, you must own a business checking account with the Bank (or the Affiliate Bank for which Bank issued your Card(s)). Each time your total accrued Rebate for qualified purchases reaches a $100 threshold, your business checking account will be credited in increments of $100. No Rebate will be awarded, however, if: (1) your business checking account is not in good standing or is closed; or (2) for any billing cycle your credit card account is closed, not in good standing or not current on the closing date for that billing period. There is no earnings cap on the amount of cash back. Accrued Rebates not paid will expire five years after the statement closing date of the billing cycle in which they accrued. You are solely responsible for any taxes related to or arising out of your participation in this program. Rebates will be treated as a bank credit to Borrower’s business checking account, but will not qualify as a payment or as a payment towards the required minimum monthly payment on your credit card account. We may reverse a Rebate by debiting your accrued Rebate or business checking account for returned merchandise or for any unauthorized purchase. We reserve the right to reverse a Rebate and/or cancel benefits if we reasonably believe that a purchase was returned, or was not a bona fide purchase of goods or services delivered or performed by a merchant.
Cash Back Rebate Program. Commercial Credit Cards Only Effective until February 19, 2024: The Bank of Tampa offers a Cash Back Rebate Program (Program) for its commercial credit cards. Each card will earn a 2% cash back rebate on the first $50,000 in purchases, annually, and a 1% cash back rebate on every purchase over $50,000. The program applies to net purchases. A net purchase is the amount of a purchase less any credits, returns, and/or adjustments. Certain transactions do not qualify for cash back rebates; for example, fees or charges, interest charges or unauthorized charges to your account. Cash advances are considered purchases under this program. If the card is closed, any accrued but not yet credited rebate will be forfeited. The annual period for purchases begins each anniversary date of the day the card was issued. The rebate amount will be posted to the cardholder account via a statement credit each September (as applicable). Program is subject to change. Effective February 19, 2024: The Bank of Tampa offers a Cash Back Rebate Program (Program) for its commercial credit card clients. Each client will earn a 0.75% cash back rebate once purchases exceed $20,000.00 during the rebate cycle (September 1 - August 31). The $20,000.00 threshold is the combined purchases per client relationship (Company ID). The program applies to net purchases. A net purchase is the amount of purchases less any credits, returns, and/or adjustments. Certain transactions do not qualify for a cash back rebate; for example, cash advances, fees/charges, interest charges or unauthorized charges to your account. Upon meeting the purchase threshold, the rebate is applied to all (net) purchases during the rebate cycle. The rebate will be posted to the cardholder account via a statement credit or check following the close of the rebate cycle (as applicable). If the relationship is closed (i.e., all cards are closed or canceled) during the rebate cycle, any accrued but not yet credited rebate will be forfeited. Program is subject to change.
