Rewards Point definition
Examples of Rewards Point in a sentence
Redemptions can only be made in 250 or 200 TD Rewards Point increments, as applicable.
In such an event, FNBO shall pay Co-Brand Partner $ 0.005 per point for each Acquisition Bonus Rewards Point credited to the Cardholder’s Account over and above the base Acquisition Bonus of 20,000 Rewards Points outlined in Section 10 of the Mandatory Terms of the Rewards Program in Schedule 2.7.
Any fees or charges above and beyond the value of the Member Rewards Point redeemed by you at check-out will be your responsibility and charged to your Wings Rewards credit card, and no statement credit will be provided to you for such fees and charges.
Notwithstanding any other terms and conditions related to the redemption value for the Rewards Program, each Rewards Point redeemed by Cardholders on a Consumer Account that is Activated shall be valued at $0.01 (one cent) per point.
The Rewards Point expiration date is the date that is 3 years (1,095 days) from the date the Rewards Point accrued.
For example, if your Rewards Point accrued on October 1, 2021, the expiration date for such Rewards Point will be September 30, 2024 (excluding leap years).
FNBO will track and report to Co-Brand Partner the Credit Card Rewards Points accumulated on each Account on each business day following the close of the Account billing cycle, and each such Credit Card Rewards Point shall automatically be converted by Co-Brand Partner to a Reward Point, which Co-Brand Partner shall credit to each such Cardholder’s account under the Rewards Program (“Rewards Account”).
In such circumstances, however, only the Primary Cardholder (and not a Supplementary Cardholder) may redeem the accumulated points for 360° Rewards Point.
If such an event continues for a continuous period of three months, or more, SCB may immediately terminate the 360° Rewards Point program by notice in writing.
A Cardholder may only redeem 360° Rewards Point from partners that are current at the date of redemption of points by the Cardholder during the course of the same 360° Rewards Point program.