In our example, we’re figuring on a threshold of 1,000 points in order to earn a $10 reward. This is a fairly common loyalty program design, and if this were to be utilized at Diamonds & Gold Creations Jewellers then here is the rewards breakdown you could expect while shopping at this store’s Dragon City Mall - Chinatown Calgary location at 328 Centre Street SE, Calgary, Alberta T2G 4X6.

2 Points Per Dollar: At the earnings rate of 2 points per dollar spent, you would earn 242 points on a $121 purchase and you will have to earn additional points (758 points) in order to earn a reward. This means you will have to spend more money ($379.00 more) to reach the $500 spending threshold. You’ll then get a $10 reward which would represent 2% back in rewards on your original purchase.

3 Points Per Dollar: If you were to earn 3 points per dollar on a $121 purchase, you would earn 363 points. This means that you will have to earn additional points (637 points) to achieve a reward. The increase in points earned per dollar means your $10 reward would now represent 3% back in rewards. In this situation you will have to spend more money ($212.33 more) in order to earn a reward.

5 Points Per Dollar: Getting 5 points per dollar on a $121 purchase at Diamonds & Gold Creations Jewellers, means you would earn 605 points. On this purchase you will have to earn additional points (395 points) to cross the threshold for earning a reward. Your  $10 reward would now represent 5% back in rewards. At this level you will have to spend more money ($79.00 more) to get rewarded.