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02-05-2021 04:15 PM - edited 01-06-2022 02:02 AM
What is the difference between the total rewards earned and the available funds on account, where does the latter come from. I thought they were the same thing but the 2 have been added up... so I was wondering where are these available funds coming from?
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01-01-2022 06:49 PM
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01-01-2022 06:43 PM - edited 01-01-2022 06:45 PM
@
That is a great answer! It helped me understand it so fast. This was a subject I was confused about.
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02-05-2021 05:25 PM
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02-05-2021 05:19 PM
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02-05-2021 05:16 PM
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02-05-2021 05:03 PM
awesome, thank you
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02-05-2021 04:54 PM - edited 02-05-2021 05:12 PM
You can think of it this way, @MenryG
Available funds is the complete bucket that holds excess payments and/or rewards applied to the account.
Upon every renewal the system draws from the available funds before taking the remaining amount owing from the registered payment card, if on auto pay.
(kinda exactly like @kb_mv just said...)
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02-05-2021 04:19 PM - edited 02-05-2021 04:20 PM
@MenryG wrote:What is the difference between the total rewards earned and the available funds on account, where does the latter come from. I thought they were the same thing but the 2 have been added up... so I was wondering where are these available funds coming from?
@MenryG Available funds are monies siting in your account right now waiting to be used (renewal or add ons). Any rewards like community/autopay/referrals etc are added to these available funds when you renew your plan. Any shortfall between available funds and plan costs are made up by the system charging your CC on file.
