Jet.com shuts down 'cash-back' rewards program

The Jet Anywhere rewards program is preparing for its final descent.



As of May 1, Jet.com is pulling the plug on a program that rewards consumers for shopping on its retail portal. As shoppers enter the Jet Anywhere e-commerce portal, they can click through and shop at more than 600 retail partners, including Foot Locker, Land’s End, Saks Fifth Avenue, Lord & Taylor and Bloomingdales, among others.



Consumers receive a percentage of “JetCash” back for each purchase made through the portal. One dollar of JetCash is equivalent to one dollar, which could be applied toward a future Jet.com purchase, according to the online retailer, which was purchased by Walmart in September for $3.3 billion.



“Jet Anywhere launched when we were still in the early stages of building our product catalog; it was intended to help our shoppers save on items they couldn’t find on Jet. Since then, though, our assortment has grown to over 20 million items and counting. By shutting down Jet Anywhere, we can focus in on adding more great brands to the site and finding you innovative new ways to save,” according to Jet.com.



Shoppers will be credited for all transactions made through Jet Anywhere until May 1. Customers can redeem their accrued JetCash on the site until May 1, 2018.