Jasper Mastercard Adding Rewards Program: 1% Back on All Purchases

Melissa Lambarena
By Melissa Lambarena 
Edited by Kenley Young

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The Jasper Mastercard® has been discontinued and is no longer accepting applications.

The Jasper Mastercard® will soon offer 1% cash back on all purchases for all cardholders.

Starting Oct. 28, 2020, the card, issued by WebBank, will earn rewards that redeem automatically every month as a statement credit to cardholders’ accounts. There will be no minimum redemption threshold; cash back will redeem at any amount.

Terms will apply. For example, accounts must be active and in good standing to qualify for rewards.

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Aside from the new rewards benefit, other card features will remain the same. Cardholders can continue to expect:

The ongoing APR is 15.49%-24.99% Variable.

🤓Nerdy Tip

Jasper started shipping credit cards to qualified customers in January 2018, when it was operating under the name CreditStacks. The card initially was designed for working professionals who were new to the U.S., but it has since changed its underwriting and now requires both a Social Security number and a traditional hard credit inquiry for applicants.

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