Point Redemption. Points will be deducted from the total points available for redemptions and for any returns or credits associated with the account. Points deducted for credits to an account will be at the same rate at which the original charges earned those points. The Participant’s credit card account may be charged for the actual cash difference between the cost of the award redeemed and the net value of the actual points available for redemption in the event the Participant redeems unearned Points. Points converted to cash may be redeemed up to four times per year. Points must be redeemed in blocks of $50.00 value or 5,000 points.
Point Redemption. To use the points, the Principal Cardholder shall contact MMG to check (i) the amount of available points and (ii) if they are enough to be redeemed for any of the prizes in point (5) of the preceding paragraph. The Principal Cardholder shall contact MMG no less than 7 calendar days previous to the estimated date of use of the service in question. Service for which the point redemption is requested is subject exclusively to availability of service provider or product in question. MMG will assume no responsibility for unavailability of the service provider or person responsible or product. Any claim arising from the service or product acquired by the Principal or Additional Cardholder shall be made directly to the provider in question. MMG will have the right to amend the loyalty program once or several times.
Point Redemption. To redeem points for rewards, you may visit the program website or contact the Rewards Redemption Center. Points must be redeemed by you or a person authorized by you. Point Accumulation: Once enrolled in the Program, you will accumulate: • One point for each $1 in net purchases for Consumer Credit cards and Business Rewards cards • One point for every $2 in net purchases for Business Debit cards and Professional Debit cards • Up to two points for each $1 in net purchases for Professional credit cards, Visa Signature cards, and World Elite cards depending on your total annual purchases from January 1st to December 31st each calendar year: • 1 point if the purchase is part of your first $25,000 in total annual purchases, • 1.25 points if the purchase is part of your second $25,000 in total annual purchases, • 1.5 points if the purchase is part of your third $25,000 in total annual purchases, • 1.75 points if the purchase is part of your fourth $25,000 in total annual purchases, • 2 points if the purchase is part of your total purchases in excess of $100,000 • One point for every $3 in net purchases for Consumer Debit cards • One point for every $5 in net purchases for Equity Flexline cards Points are earned for signature-based transactions only, although we may at our discretion permit you to purchase points in accordance with the guidelines set forth at the program website in effect at the time. Net purchases are defined as the dollar value of goods and services purchased with the Card after your enrollment date, minus any credits, returns or other adjustments as reflected on the monthly statements. Net purchases do not include annual fees, late payment fees, over- limit fees, insurance charges, card-related service charges, Finance Charges, or other fees and/or unauthorized charges. Net purchases also do not include Cash Advances, PIN-based transactions, Ready Reserve transactions, balance transfers, Convenience Checks, person-to- person money transfers, quasi-cash transactions (including the purchase of traveler’s checks, foreign currency, or money orders), truck stop transactions, or gaming transactions. Points redeemed and/or expired, if applicable, will be based on a first-in, first-out process. If unused, Program points carry an expiration limit on an “enrollment year” basis: • No expiration on World Elite cards • 4-years for Business Credit cards, Business Debit cards, Professional cards and VISA Signature Cards • 3-years for all other cards. This m...
Point Redemption. To redeem points for rewards, you may visit the program website or contact the Rewards Redemption Center. Points must be redeemed by you or a person authorized by you. Point Accumulation: Once enrolled in the Program, you will accumulate 1 point per $1 based on net purchases with your Card. Points are earned for signature-based transactions only, although we may at our discretion permit you to purchase points in accordance with the guidelines in effect at the time. Net purchases are defined as the dollar value of goods and services purchased with the Card after your enrollment date, minus any credits, returns or other adjustments as reflected on the monthly statements. Net purchases do not include annual fees, late payment fees, over-limit fees, card-related service charges, Finance Charges, or other fees and/or unauthorized charges. Net purchases also do not include Cash Advances, PIN-based transactions, Convenience Checks, person-to-person money transfers, quasi-cash transactions (including the purchase of traveler’s checks, foreign currency, or money orders), truck stop transactions, or gaming transactions. Points redeemed and/or expired, if applicable, will be based on a first-in, first-out process. If unused, Program points carry an expiration limit on an “enrollment year” basis: • 3-years for Platinum Rewards cards • 4-years for Business Rewards cards This means that, if your expiration limit is 3-years and you enroll in the Program on June 1, 2006, your enrollment year runs from June 1, 2006 to May 31, 2007. Any points earned between those dates will expire at the end of the third anniversary of your enrollment date—in our example, May 31, 2009. Points are posted and available to your Rewards Program account at the end of each statement cycle and do not have a point maximum accumulation. No partial rewards will be issued upon redemption of points. Points earned are not transferable except as used in accordance with this Agreement and have no cash value. Points may be redeemed for cash in the denominations listed at the program website, which will be provided to you in the form of a check, credit to your Account, or such other form as we may determine in our sole discretion. Points, rewards and certificates (i) have no value, (ii) are non-refundable and non-exchangeable, and (iii) are non-transferable, except in accordance with the terms and conditions of the Program and the relevant rewards provider.
Point Redemption. To redeem points for rewards, you may visit the program website or contact the Rewards Redemption Center. Points must be redeemed by you or a person authorized by you. Point Accumulation: Once enrolled in the Program, you will accumulate: • One point for each $1 in net purchases for Consumer Credit cards and Business Rewards cards • One point for every $2 in net purchases for Business Debit cards and Professional Debit cards Up to two points for each $1 in net purchases for Professional credit cards, Visa Signature cards, and World Elite cards depending on your total annual purchases from January 1st to December 31st each calendar year: • 1 point if the purchase is part of your first $25,000 in total annual purchases,
