NEW YORK--()--Kasheesh, the first personalized payment product that lets you split your purchase across multiple credit, debit and gift cards, today announced the roll out of their new loyalty program, Kasheesh Rewards. The new Kasheesh Rewards program provides loyal customers with even more ways to maximize their savings and enhance spending power.

Kasheesh Rewards offers a tiered rewards structure that lets customers earn more as they spend more. Reward rates are calculated based on quarterly spending. Customers start at Kasheesh Green when they spend between $0 and $999.99, earning 1% back in rewards on every purchase. Individuals spending between $1,000 and $4,999.99 are upgraded to Kasheesh Red, earning 1.25% back, while those who spend $5,000 or more reach the highest earning tier, Kasheesh Gold at 1.5% back. Each quarter, Kasheesh customers can earn up to $500 in rewards.

Once the spend tier is reached, customers can quickly and easily redeem their rewards, which become available 30 days after a transaction. Users can toggle their rewards balance "on" to automatically apply it to future purchases with their Kasheesh Multi Use Card, by simply using the Kasheesh mobile app or by logging in on a desktop. Rewards can be easily toggled “off” at any time, allowing users to save them for later use.

“At Kasheesh, we are committed to helping people take control of their finances and optimize their spending,” said Sam Miller, Co-Founder and CEO at Kasheesh. “Our new loyalty program delivers on that commitment, providing users with rewards that can be used toward future purchases. We’ve made it as easy as possible for our customers to use their rewards so they have even more control over their spending.”

Since its launch earlier this year, the Kasheesh Multi Use Card has gained popularity with consumers thanks to its unparalleled flexibility that allows users to change the underlying cards for each transaction, optimizing credit utilization and cash flow. Available online or in-app wherever Apple Pay and Android Pay is accepted, the Multi Use Card now combined with rewards provides new ways for consumers to save.

“Our mission at Kasheesh is to empower consumers with a more flexible way to pay so they can budget better, manage liquidity and maintain optimal credit utilization,” said Kevin Kim, Co-Founder and CTO. “With the launch of Kasheesh Rewards, our loyal customers now have a hassle-free way to earn and redeem their rewards balance as they optimize their spending.”

To learn more about Kasheesh rewards, visit http://www.kasheesh.co/finance-academy/new-loyalty-program-earn-rewards-with-kasheesh.

About Kasheesh:

Kasheesh represents a new era for payments. Kasheesh is a first-to-market digital payment platform that allows anyone to split payment for online purchases across multiple debit and credit cards in any way they want. We believe any shopper regardless of income and credit score should be able to consolidate spending power across their spending cards in order to optimize rewards and build credit with real-time transactional intelligence. More importantly, we believe unlocking the full potential of debit and credit cards will help consumers everywhere make more responsible spending decisions powered by analytics.

Kasheesh Inc. is a financial technology company, not an FDIC insured depository institution. Banking services provided by Bangor Savings Bank, Member FDIC. The Mastercard® Pre-paid Card is 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.