Common use of Redemption and deduction of Fly Buys Clause in Contracts

Redemption and deduction of Fly Buys. 15.6.1 Where you obtain a refund or reimbursement for charges previously incurred on your Card (for example, when you return goods or cancel bookings made and paid for and a credit is issued to your Card) your Fly Buys Points will be reduced accordingly. Any reduction of Fly Buys Points is at our discretion and we may communicate negative points to Loyalty New Zealand Limited. 15.6.2 Points you accrue do not constitute property. You cannot transfer your Fly Buys Points to any other person or entity or Credit Card Account by operation of law or otherwise. 15.6.3 Fly Buys Points you accrue have no cash or monetary value.