Swag Up Changes

Swaggernaut earning power has never been stronger. On our 7th Birthday Bash, we introduced SB earning power-ups called Swag Ups. It all started with the idea to double your search wins and quickly turned into SB rebates on gift card redemptions. We have plenty more ideas up our sleeves to increase your earning power so make sure to stay tuned.

In the meantime we have an important announcement regarding how you redeem your Swag Up Rebates for gift cards:

When redeeming a Swag Up Rebate the gift card redeemed must have a SB cost that is greater than that of your Swag Up Rebate. In other words, if your Swag Up Rebate has a value of 500 SB you can only redeem it for a gift card with a redemption value greater than 500 SB.

For those that have more than 1 active Swag Up Rebate on their account, the redemptions are based on expiration date. This means the Swag Up Rebate that expires first is the one that will be first credited when you redeem SB for a gift card.

If the Swag Up that’s next in order to be applied to your gift card purchase is greater in value than the cost of your gift card, then we’ll try to apply the Swag Up that’s next in order to be applied to gift card purchase.

We know, it’s confusing so, let’s use a couple of examples to help explain this.

Assume you have the following Swag Ups.

Expiration Date Swag Up Rebate Value
8/20/2015 400 SB
8/30/2015 25 SB
9/1/2015 100 SB

 

In this scenario, the Swag Up Rebate that is supposed to be applied to your next gift card order is the 400 SB Swag Up Rebate that expires on 8/20/2015 (remember, currently, Swag Ups work on a date of expiration basis.) Let’s say you want to cash-out for a $3 Amazon Gift Card for 300 SB. This 400 SB Swag Up would not beapplied to your order because the rebate value of that Swag Up (400 SB) is greater than the cost of the $3 gift card, which is 300 SB. So, our system will use the Swag Up Rebate that would next be applied to a gift card purchase. In this case, our system would apply the 25 SB Swag Up Rebate that expires on 8/30/2015.

Now assume you have the same schedule of Swag Ups.

Expiration Date Swagup Rebate Value
8/20/2015 400 SB
8/30/2015 25 SB
9/1/2015 100 SB

 

As in the previous example, the Swag Up Rebate that is supposed to be applied to your next gift card order is the 400 SB Swag Up Rebate that expires on 8/20/2015 (remember, currently, Swag Ups work on a date of expiration basis.) Let’s say you want to cash-out for a $5 Walmart Gift Card for 500 SB. This 400 SB Swag Up would be applied to your order because the rebate value of that Swag Up (400 SB) is less than the cost of the $5 gift card, which is 500 SB.

In short order (before the end of the year), we will introduce a Swag Up Ledger that will show which Swag Up Rebates you have earned. In the meantime, you’ll have to keep a log of them yourself. Or, if you’re unsure of what you have, please contact customer service. They can tell you which Swag Up Rebates are currently active on your account.

-Team Swagbucks

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