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 Discover Life Bookstore then here is the rewards breakdown you could expect while shopping at this store’s Gallery at Military Circle location at 880 North Military Highway, Norfolk, Virginia.

2 Points Per Dollar: At the earnings rate of 2 points per dollar spent, you would earn 262 points on a $131 purchase and you will have to earn additional points (738 points) in order to earn a reward. This means you will have to spend more money ($369.00 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 $131 purchase, you would earn 393 points. This means that you will have to earn additional points (607 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 ($202.33 more) in order to earn a reward.

5 Points Per Dollar: Getting 5 points per dollar on a $131 purchase at Discover Life Bookstore, means you would earn 655 points. On this purchase you will have to earn additional points (345 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 ($69.00 more) to get rewarded.