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myCred

Why it changed

Points made a poor ledger. A points balance can be spent, awarded by other plugins, and adjusted by any of a dozen add-ons — so the number a member owed could move for reasons that had nothing to do with cashback. Reconciling it against what a network actually paid you was guesswork.

Cashback is now money, recorded once, in one place, with a full history. See The cashback ledger.

Your existing points are safe

Nothing was deleted or converted. Points your members hold stay in myCred and remain spendable on whatever you use them for.

If you were paying cashback as points in version 2, read Upgrading from version 2 before doing anything — how historical balances are treated is a decision made once, during setup.

What points are good for now

Engagement, which is what myCred is actually good at:

  • A badge for a first approved order

  • Points for writing a review

  • Points for referring a friend who qualifies

  • Ranks and streaks for members who come back

None of that is money, none of it needs reconciling, and it gives you something to reward that cashback cannot.

The events you can hook

Cashback Tracker exposes seven, available as myCred hooks:

Event
Fires when

Cashback order tracked

An order arrives for a member

Cashback order approved

The network confirms it

Cashback order declined

The network rejects it

Payout requested

A member asks to be paid

Payout paid

You mark it paid

Referred a friend

A referral is attached

Earned a referral bonus

A referral pays out

Set the points for each in myCred's own hooks screen. Nothing is awarded until you do.

A worked example

Reward members who actually buy, rather than members who sign up:

  1. Set Cashback order approved to award 10 points.

  2. Leave Cashback order tracked at zero — an order that is later declined should not have earned anything.

  3. Create a rank at 100 points.

  4. Offer something for it: an increased cashback rate, early access, whatever fits.

Approved rather than tracked is the important part. Rewarding tracked orders rewards purchases that may be returned the next day.

Keep the two separate in your wording

Members find it confusing if points and cashback both look like money.

Call cashback by its amount and points by their name. "You have £42.10 cashback and 340 points" reads clearly; "your balance" used for both does not.

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