Rebate Terms and Conditions

PEX CREDIT EXPENSE TERMS AND CONDITIONS:

• Customers will receive a monthly Rebate equal to 1.00% for all qualifying purchases. The Rebate will be automatically applied as a statement credit at the end of each statement period.

• Purchases made outside of the US and non-Visa network transactions do not qualify. The following are not qualifying transactions and will not be eligible for a Rebate: chargebacks and reversals, items returned for credit, disputed or unauthorized purchases, fraudulent transactions, any cash or cash-like transactions, fees, and charges. We may determine that a transaction is excluded from eligibility for earning a Rebate in our sole discretion at any time. In addition to any other rights of recovery we may have, we will have the right to offset any Rebate amount paid for an ineligible transaction against future Rebate payments.

• If Customer’s Account is closed for any reason or is not in good standing during the calendar month or in the next subsequent calendar month after a Rebate is earned, Customer will not earn a Rebate. If PEX sees evidence of fraud, misuse, abuse, or suspicious activity, as determined by us in our sole discretion, we reserve the right to take action. This may include, without limitation and without prior notice, any or all of the following: canceling any accrued but unpaid Rebate; reversing any prior Rebate credit made; taking legal action to recover any Rebate made in connection with such activity, including without limitation to recover our monetary losses, any litigation costs and fees, and damages. 

Rebate payouts are subject to the terms listed in the  PEX Master Services Agreement.

PEX VIRTUAL VENDOR CARD REBATE TERMS AND CONDITIONS:

To qualify for the Rebate, customers must spend an amount greater than $1.00 USD on eligible purchases using a PEX Vendor Card. PEX Vendor Cards can be identified by the use of the “building” icon in the PEX Dashboard. 

• Qualifying Customers will receive a monthly statement credit (“Rebate”) equal to 1.00% of all qualifying purchases. The Rebate for a calendar month will be posted to Customer’s PEX Account within 30 days after the end of the calendar month. 
• Purchases made outside of the US and non-Visa network transactions do not qualify for this Rebate. The following are not qualifying transactions and will not be eligible for a Rebate: chargebacks and reversals, items returned for credit, disputed or unauthorized purchases, fraudulent transactions, any cash or cash-like transactions, fees and charges. We may determine that a transaction is excluded from eligibility for earning a Rebate in our sole discretion at any time. In addition to any other rights of recovery we may have, we will have the right to offset any Rebate amount paid for an ineligible transaction against future Rebate payments.
• If Customer’s Account is closed for any reason or is not in good standing during the calendar month or in the next subsequent calendar month after a Rebate is earned, Customer will not earn a Rebate. If PEX sees evidence of fraud, misuse, abuse, or suspicious activity, as determined by us in our sole discretion, we reserve the right to take action. This may include, without limitation and without prior notice, any or all of the following: canceling any accrued but unpaid Rebate; reversing any prior Rebate credit made; taking legal action to recover any Rebate made in connection with such activity, including without limitation to recover our monetary losses, any litigation costs and fees, and damages. 
• This Rebate cannot be combined with any other rebate or promotional program offered by PEX. PEX reserves the right to change the criteria or terminate the Rebate, with or without written notice, at any time in our sole discretion.
• The Rebate is subject to the PEX Master Services Agreement.