Mastercard Pay with Rewards is a free iPhone app developed by Mastercard Worldwide. It falls under the category of Business & Productivity with a subcategory of Finance. This app allows users to connect their Mastercard card and configure when and where their points will be redeemed. With Pay with Rewards, users can spend their points like cash at millions of participating locations worldwide.

To get started, users simply need to enter their Pay with Rewards-enabled Mastercard card number and establish a four-digit app PIN. The PIN is used to protect personal settings and information. Additionally, users will need to answer security questions based on information provided by their financial institution. If any issues arise during the setup process, users are encouraged to contact their card issuer.

The home screen of the app provides users with their points balance, the cash equivalent of the points balance, and their current Pay with Rewards setting. Users can choose to turn Pay with Rewards on for subsequent purchases or select from recent purchases eligible for redemption under Activity.