How to Use Your Points
Let’s take a look at the best ways to use your points
The ASSEMBLE Protocol is a blockchain-based global point integration platform that exploits ASM utility tokens, whilst establishing a business ecosystem that can integrate, utilize existing points and miles with point providers, consumers and retailers.
Hello, readers! Today’s article is about points and the best way to use them. A lot of consumers find points to be useless because they’re not aware of all the options available to them. There are events that let consumers get free points or receive discounts when paying with points. It’s also good to know which companies are participating in your reward system. Let’s read on to learn more.
Reward Points
Recently, points have become exceedingly popular and the movement towards integration has also been gradually gaining momentum. As a result, the way we understand points has also changed.
Use Points like Cash
Most points can be used just like cash to purchase goods or even pay taxes online. Credit card companies’ points can also be used to pay annual membership fees, monthly interest fees, loan payments, or insurance payments. If you’d like to pay your taxes using your card’s points, visit the CardTax website and check how many points you have with each company’s card and then pay your taxes. They will automatically deduct as many points as you have from the total until they reach the maximum of KRW 5 million.
If you’re not very good at using your points, you could give them to your family. To transfer points, you can visit the bank with your ID card or documents that prove you are family members. Alternatively, you can send the points as a gift on our mobile app. You can also donate the remaining points. If you donate your points, you can receive income deductions during year-end tax adjustments just like you would with cash donations.
Finding a Discounted Franchise
You can earn more points if you pay attention to each card company’s events. There are some events that even give back more year-end tax adjustments. You can receive up to 2% of last year’s usage (totaling no more than KRW 300,000), including telecommunication fees, insurance premiums, overseas usage fees, transportation fees, and hospital fees. The rate at which you can accumulate points is different for each credit card company depending on how many points are used. There are other events where point users can accumulate points or receive discounts at 22 affiliated stores, including large supermarkets, online shopping malls, and major department stores. You can use your points more effectively when you know about these events. Please check each company’s website or app to learn more about various events and discounts.
ASSEMBLE (ASM)
The ASSEMBLE token (ASM) is a utility token used on the ASSEMBLE application. It can be purchased on various digital asset exchanges. Users can receive ASM as compensation from ASSEMBLE merchants.
In addition to increasing point utilization for ASSEMBLE consumers, companies can also secure a place to extinguish debts accumulated by the point system, induce customers to repurchase products, and increase the likelihood of new customers joining their rewards program.
