What is a rebate plan?
The businesses set a rebate amount and a minimum purchase amount. The rebate can be a %, fixed or maximum amount, e.g. 5% rebate for purchases over $20.00 or $5.00 on purchases over $50. The rebate parameters may include: date, time, rebate % and required threshold for rebate, e.g. 5% rebate with every purchase, 10% rebate if you spend over $50 up to $200.00.