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How can I redeem my Rewards points?
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Written by Chase S.
Updated over 2 weeks ago

Simply visit the Rewards Overview page online to start your redemption. From there, you can select to redeem for a statement credit, loan balance credit*, or closing cost credit**. Once you select an option, you’ll see your available Rewards points and can choose how much to redeem.

A few things to keep in mind:

  • You get to choose when to redeem your points - your points do not auto-redeem.

  • You can only redeem for a loan balance credit if you currently have a mortgage with Rocket Mortgage and have already made this month’s payment.

  • You can only redeem for a closing cost credit if you are making a new home purchase with Rocket Mortgage.


All Rocket Visa Signature Cards are powered by Deserve and issued by Celtic Bank. Visa is a registered trademark of Visa Inc.

* Redemption available toward additional principal on existing retail Rocket Mortgage loans. Not available for third party originated, assumed or Charles Schwab partner loans. Not available if servicing for your loan is sold to another party. Subject to Cardholder Rewards Terms of Use.

** Up to $8,000 in card points value can be redeemed toward a new Rocket Mortgage purchase transaction, applied as an asset to the applicant’s closing statement, offsetting applicant required funds to close. Not available in conjunction with third party originated or Charles Schwab partner loans. Subject to Cardholder Rewards Terms of Use.

Rocket Card, LLC (the entity that offers access to this credit card), Rocket Mortgage, LLC, Rocket Homes Real Estate LLC, RockLoans Marketplace LLC (doing business as Rocket Loans), and Rocket Money, Inc. are separate operating subsidiaries of Rocket, LLC. Each company is a separate legal entity operated and managed through its own management and governance structure. Rocket Companies, Inc. (NYSE: RKT) is the sole managing member of Rocket, LLC. “Rocket”, Rocket Mortgage, and the Rocket “O” are trademarks of Rocket Mortgage and are used under license.

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