When we were designing Kasheesh, we discovered tons of credit tricks that we had no idea existed. Now, we know that those tips are crucial — so we’ve built them into our product.
One of the biggest tips has to do with maxing out rewards. You can hit a monthly rewards limit on each of your cards. They don’t provide unlimited points forever.
Before using Kasheesh, many of our customers assumed their main card was racking up rewards with every purchase. But that’s just not the case.
Now, you can monitor all of their transactions through the Kasheesh extension, meaning you get better visibility into when the rewards are maxed out on each card.
This helps you hit those rewards ceilings instead of just spending with an interest rate on one primary card, which doesn’t even provide points after a certain threshold.
Another discovery we made has to do with the prevalence of MCC codes.
These codes directly correlate to transactions, and every merchant uses them. Credit companies can then use those codes to categorize, track and restrict transactions.
Customers don’t know that these codes directly affect how many points they get.
After all, those relationships can be super specific. For instance:
By understanding the links between MCC codes, different retailers, and their cards, Kasheesh customers can maximize the points they get from different purchases.
When you use Kasheesh, you receive all of the backing and coverage provided by your different cards for each of your transactions.
That’s a major benefit that many of our customers might not fully see or understand.
What that practically looks like is that every card has a unique set of benefits.
For example, Amex, Chase, and Capital One all give you product protection for anything you buy.
When you use all of your cards through Kasheesh for one specific purchase, you receive all of the benefits of those cards — combined.
Let’s say you’re buying an electronic product like an Apple TV.
That’s an exclusive Kasheesh benefit: way more coverage on each purchase than you’d get from relying on just one vendor or credit company.
Disclosure: Kasheesh is a financial technology company, not a bank. Banking services provided by Bangor Savings Bank, Member FDIC. Kasheesh's Mastercard® Pre-paid and debit cards are issued by Bangor Savings Bank, Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circle design is a trademark of Mastercard International Incorporated. Spend anywhere Mastercard is accepted.
The content on this blog is for general information purposes only, and is not intended to be personal financial advice. It does not take your individual circumstances and financial situation into account, and any reliance you place on the information is at your own risk.
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