Common use of Points Redemption Clause in Contracts

Points Redemption. 29.5.1 The Customer must self-register for the Programme at xxx.xxxxxxxx.xx in order to participate in the prior to redeem of any Points earned. 29.5.2 Points can only be redeemed online or such other website as determined by the Bank from time to time. The value of Points earned can be redeemed by purchasing air tickets, hotel bookings or other products and services offered on the website. 29.5.3 Any Points that are unutilised will automatically expire and will be forfeited after twenty four (24) calendar months from the date of accrual if not redeemed by the Customer. 29.5.4 Once Points are redeemed, the Customer cannot request the Points to be reinstated in the Customer’s account for any reason whatsoever. 29.5.5 In the event the Customer account on which the credit card was issued is voluntarily closed, the Points accumulated on his/her Credit Card or any other supplementary cards must be redeemed prior to closing his/her account or will result in the Points being forfeited. 29.5.6 The SBM World Elite Mastercard and, for the avoidance of doubt, any Points earned by the Customer there under does not and will not in any way create any liability or obligation whatsoever on the part of the Bank. 29.5.7 A minimum 2,500 Points will be required for redemption of products and services offered on the website

Points Redemption. 29.5.1 The Customer must self-register for the Programme at xxx.xxxxxxxx.xx in order to participate in the prior to redeem of any Points earned. 29.5.2 Points can only be redeemed online or such other website as determined by the Bank from time to time. The value of Points earned can be redeemed by purchasing air tickets, hotel bookings or other products and services offered on the website. 29.5.3 Any Points that are unutilised will automatically expire and will be forfeited after twenty four (24) calendar months from the date of accrual if not redeemed by the Customer. 29.5.4 Once Points are redeemed, the Customer cannot request the Points to be reinstated in the Customer’s account for any reason whatsoever. 29.5.5 In the event the Customer account on which the credit card was issued is voluntarily closed, the Points accumulated on his/her Credit Card or any other supplementary cards must be redeemed prior to closing his/her account or will result in the Points being forfeited. 29.5.6 The SBM World Elite Mastercard and, for the avoidance of doubt, any Points earned by the Customer there under does not and will not in any way create any liability or obligation whatsoever on the part of the Bank. 29.5.7 A minimum 2,500 Points will be required for redemption of products and services offered on the website.

Points Redemption. 29.5.1 The Customer must self-register for the Programme at xxx.xxxxxxxx.xx in order to participate in the prior to redeem redemption of any Points earned. 29.5.2 Points can only be redeemed online or such other website as determined by the Bank from time to time. The value of Points earned can be redeemed by purchasing air tickets, hotel bookings or other products and services offered on the website. 29.5.3 Any Points that are unutilised will automatically expire and will be forfeited after twenty four (24) calendar months from the date of accrual if not redeemed by the Customer. 29.5.4 Once Points are redeemed, the Customer cannot request the Points to be reinstated in the Customer’s account for any reason whatsoever. 29.5.5 In the event the Customer account on which the credit card was issued is voluntarily closed, the Points accumulated on his/her Credit Card or any other supplementary cards must be redeemed prior to closing his/her account or will result in the Points being forfeited. 29.5.6 The SBM World Elite Mastercard and, for the avoidance of doubt, any Points earned by the Customer there under does not and will not in any way create any liability or obligation whatsoever on the part of the Bank. 29.5.7 A minimum 2,500 2500 Points will be required for redemption of products and services offered on the website