What are Loyalty Rewards?

What are Loyalty Rewards?

The Bumped app gives you the chance to earn fractional shares of stock when you make qualifying purchases at your selected Loyalties— those brands can all be found via the Loyalty section of your app menu. 

How to access Loyalty brands

To access Loyalty brands on the web

Head to the Bumped homepage, scroll down to select your loyalty brands, tap “select now” to choose brands that you love. You’ll earn fractional shares of stock when you spend at your selected Loyalties brands with a linked card. You can change your Loyalty selections by tapping on Manage Selections. Keep in mind that you can change brand loyalty in each category once per 30 days, up to 3 times per year.

To access Loyalty brands in the app

Head to the Bumped app menu, select “Loyalty” and choose brands that you love.

To reduce the risk of rolling our Loyalty Rewards back in the future, we’ve built in a quarterly cadence: at those times we may ask users to take an action—like making a purchase through The Shop Now section of the Bumped platform— to unlock another quarter of loyalty rewards or a new brand category. This may shift as we add additional brands and categories.

To start, 10 categories of Loyalty Rewards are all unlocked and available. We may play with different reward amounts and brands in categories throughout these next few quarters, all in an effort to understand what resonates best with consumers and the associated brands.

What rewards do I get for Loyalty brands?

In Loyalty Rewards, you pick the stock rewards you want to earn. Whenever possible, Bumped will give you the option to reward you in fractional shares of stock in the Loyalty Brand you choose. Otherwise — for example, if a brand is not publicly traded — you’ll pick your stock rewards when you select your loyalty.

Was this article helpful?
31 out of 36 found this helpful