Redemption Destination definition

Redemption Destination means the method by which you chose to receive your Money-Back Rewards.
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Redemption Destination means the account in which your Rewards are credited or deposited.
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Examples of Redemption Destination in a sentence

  • Money-Back Rewards have no cash value until they are posted to your Redemption Destination.

  • Provided your Credit Card Account is in Good Standing at the time of the suspension or termination of the Rewards Program, all Money-Back Rewards earned up to the date of termination or suspension – as the case may be – will be deposited in your chosen Redemption Destination.

  • Rewards have no cash value until they are credited to or deposited into your Redemption Destination.

  • On the Redemption Date, if your Credit Card Account is in Good Standing, the Rewards earned for that quarter will automatically be deposited into your Redemption Destination.

  • While all Cards are automatically included in the Rewards Program for the purpose of accumulating Rewards, only you, the Primary Cardholder, will receive Rewards to your chosen Redemption Destination.

  • If your Credit Card Account is back in Good Standing on the next Redemption Date, the deferred Rewards will be deposited into your Redemption Destination on that Redemption Date.

  • If your Rewards Balance is negative at the end of the Billing Cycle, you will have to earn enough Rewards to return your Rewards Balance to positive, at which point Rewards deposits to your Redemption Destination will restart.

  • While all Tangerine Credit Cards are automatically included in the Rewards Program for the purpose of accumulating Money-Back Rewards, only you, the Primary Cardholder, will receive Money-Back Rewards to your chosen Redemption Destination.

  • We review the status of your Credit Card Account every Billing Date and deposit any Money-Back Rewards earned into your chosen Redemption Destination (as explained in Section 5 below).