Common use of ISSUANCE AND REDEMPTION OF POINTS Clause in Contracts

ISSUANCE AND REDEMPTION OF POINTS. 3.1 A cardmember who pays S$500 (plus prevailing GST) for his annual membership fee in full to his card account within one [1] month from annual membership fee billing date (or such other period as may be determined by the Bank) will be entitled to receive a welcome gift from the Bank (“Welcome Gift”). The Welcome Gift may be in the form of Points or otherwise, as determined by the Bank. The Bank reserves the right to vary the Welcome Gift from time to time. In addition, for every card anniversary year, a cardmember will receive a renewal gift (“Renewal Gift”) upon renewal and full payment of his annual membership for the card account. The Renewal Gift may be in the form of Points, or otherwise, as determined by the Bank. Cardmembers may refer to the Citi Prestige Card website at www.citibank. xxx.xx/xxxxxxxxxxxx for the prevailing Welcome Gift offer and the Renewal Gift offer.

ISSUANCE AND REDEMPTION OF POINTS. 3.1 A cardmember who pays S$500 (plus prevailing GST) for his annual membership fee in full to his card account within one [1] month from annual membership fee billing date (or such other period as may be determined by the Bank) will be entitled to receive a welcome gift from the Bank (“Welcome Gift”). The Welcome Gift may be in the form of Points or otherwise, as determined by the Bank. The Bank reserves the right to vary the Welcome Gift from time to time. In addition, for every card anniversary year, a cardmember will receive a renewal gift (“Renewal Gift”) upon renewal and full payment of his annual membership for the card account. The Renewal Gift may be in the form of Points, or otherwise, as determined by the Bank. Cardmembers may refer to the Citi Prestige Card website at www.citibank. xxx.xx/xxxxxxxxxxxx xxx.xxxxxxxx.xxx.xx/xxxxxxxxxxxx for the prevailing Welcome Gift offer and the Renewal Gift offer.