Pedro
Welcome to our guide on P100 Points, the exciting rewards program that can amplify your experience with the app. In this article, we will walk you through the ins and outs of P100 Points, helping you understand how to make the most of this enticing opportunity.
P100 Points isn't just a typical rewards program – it's a dynamic system that allows you to actively engage with the app's features while earning valuable points that can be transformed into real benefits. This guide is designed to provide you with clear instructions for using the P100 Points program effectively.
The P100 Points program is divided into four distinct levels. Each level is different and provides users with incentives to engage actively with the app. From Level 0 to Level 3, this program is designed to enhance the user experience. Accrued P100 Points can be exchanged for valuable cashback, providing a tangible benefit for active participation in the program. Read more about the program levels and cashback below.
Difference between the levels
Level 0
At level 0 of the P100 Points program, users can earn points using a payment card provided by P100. It's simple: the value of your transactions in euros is multiplied by a factor of 20. Earned P100 Points are used to reward users for their activity. When users move to a level above 0, the scoring rules change slightly, so be sure to read this article to the end to understand everything.
Example: Spending 10 euros will give you 200 points
Level 1
Reaching level 1 requires the accumulation of between 1001 and 3000 P100 points. At this level, every transaction made with the attached card results in the transaction value in euros being multiplied by 6.5. To maintain Level 1, users should aim to keep their P100 Points above 1001, falling below will trigger a requalification based on their current point balance.
Example: Spending 10 euros will give you 65 points
Level 2
This level is achieved by collecting between 3001 and 5000 P100 Points. At this stage, each transaction with the user's card multiplies the transaction value in EUR by a factor of 2. Falling below 3001 points will lead to requalification, so don't forget to check your points.
Example: Spending 10 euros will give you 20 points
Level 3
The top of all levels, is achieved with, 5001 or more collected points. At this point, every euro transaction made with a card will result in a direct conversion to P100 points without any multiplier.
Example: Spending 10 euros will give you 10 points
Using the cashback
Once you've collected enough P100 Points through active participation in the program, it's time to find out how you can convert those points into real benefits.
Cashback can be used exclusively to cover the fees charged by P100 for specific services, such as Digital Asset Conversion, Fiat to Digital Asset Conversion, and Withdrawal to your Self-Custody Wallet. When you need to do these operations, consider using your cashback balance to offset the associated costs.
Each P100 Point is equivalent to €0.01, making it a worthwhile asset. Learn how to use your P100 Points for cashback, by following these simple steps:
1. Check Your P100 Points Balance:
You can find this information in the P100 Points section on the P100 App Main screen.
2. Make a transaction:
Choose if you want to use your cashback. Keep in mind that the conversion rate is one (1) P100 Point to 0.01 EUR. So, for instance, if you have 100 P100 Points, you can exchange them for 1 EUR in cashback.
Example of exchanging Bitcoin for Dogecoin using cashback:
Get P100
Install the app via this Link, and get access to all P100 features Today.
FAQs
How can I get P100 points?
Each time you will do a transaction with your P100 MasterCard, you will collect P100 points.
What are the P100 points useful for?
P100 points are used to reduce the fee on each transaction in the P100 app.
Where to check my P100 points?
You can check the amount of collected points in P100 app. In the bottom of your screen, you have the section “points”. If you click on it, you will have all the details.