Common use of Rewards Clause in Contracts

Rewards. 5.1 Rewards once redeemed cannot be reinstated. 5.2 Rewards earned will be credited on repayment of the ‘New Balance’ by the ‘Cardholder’. 5.3 The ‘Bank’ will not be liable for any service liabilities for Rewards offered or for any damage or loss incurred by the ‘Cardholder’ on the purchase of any goods through the redemption of Rewards. Any disputes or claims on products or services purchased through the redemption of Rewards should be addressed directly to the relevant Merchant. 5.4 The ‘Bank’ has the absolute right to change, modify or cancel any Reward programme at any time without prior notice. 5.5 In case of termination of any Reward programme, all Rewards given to a ‘Cardholder’ will immediately expire and will have no future value or reinstatement possibilities. The ‘Bank’ is not liable to compensate the ‘Cardholder’ in any way if the Reward programme is terminated or changed. 5.6 Rewards cannot be exchanged for cash. 5.7 Rewards cannot be redeemed in conjunction with any other discount or promotion. To redeem Rewards the ‘Cardholder’ must inform the Merchant that he would like to redeem the Rewards before the Card Transaction is completed. The ‘Cardholder’ may not request redemption of the Rewards after the ‘Card’ Transaction is completed. 5.8 Once expired, Rewards may not be extended. 5.9 Each Reward will have its unique set of terms and conditions which will apply to such Rewards.

Rewards. 5.1 5.1. Rewards once redeemed cannot be reinstated. 5.2 5.2. Rewards earned will be credited on repayment of the ‘New Balance’ by the ‘Cardholder’. 5.3 5.3. The ‘Bank’ will not be liable for any service liabilities for Rewards offered or for any damage or loss incurred by the ‘Cardholder’ on the purchase of any goods through the redemption of Rewards. Any disputes or claims on products or services purchased through the redemption of Rewards should be addressed directly to the relevant Merchant. 5.4 5.4. The ‘Bank’ has the absolute right to change, modify or cancel any Reward programme at any time without prior notice. 5.5 5.5. In case of termination of any Reward programme, all Rewards given to a ‘Cardholder’ will immediately expire and will have no future value or reinstatement possibilities. The ‘Bank’ is not liable to compensate the ‘Cardholder’ in any way if the Reward programme is terminated or changed. 5.6 5.6. Rewards cannot be exchanged for cash. 5.7 5.7. Rewards cannot be redeemed in conjunction with any other discount or promotion. To redeem Rewards the ‘Cardholder’ must inform the Merchant that he would like to redeem the Rewards before the Card Transaction is completed. The ‘Cardholder’ may not request redemption of the Rewards after the ‘Card’ Transaction is completed. 5.8 5.8. Once expired, Rewards may not be extended. 5.9 5.9. Each Reward will have its unique set of terms and conditions which will apply to such Rewards.