Cash Rewards - How to calculate the amount of cash back?

Letlok on 24/10/2015 - 15:19

I received an email from Cash Rewards about discount + cash back on Lenovo laptops and working out my purchase.

In the case above, is the cash back rate applied to the discounted selling price?

Thanks

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scotty on 24/10/2015 - 20:07

+2
Different merchants are a bit different. For Lenovo I found

Cashback calculated from ex-GST price AFTER the coupon code & other discount.

Extended warranty gets no cashback

For example if you a laptop is $1000 and there's a 10% off coupon code. At the end of checkout you decide to spend $200 more to get 2 extra year of NBD warranty. So you end up pauing $1000 x 0.9 + $200 = $1100

For cashback it's calculated from the discounted price of the laptop minus the GST. Currently Cash Rewards give 9% cashback. Therefore you will get $1000 x 0.9 / 1.1 x 0.09 = $73.64 as cashback.
- etlok on 24/10/2015 - 23:30
  
  Could you please advice me where you found those conditions?
  
  Thanks
  - scotty on 25/10/2015 - 07:05
    
    +1
    
    I actually bought some Lenovo's through CashRewards.