Common use of Redemption of Points Clause in Contracts

Redemption of Points. 1. All Card accounts must be in good standing (currently not overdue in payment), not closed or terminated by Maybank or Cardmember at the time of redemption request. 2. Cardmembers may use their accumulated Points to redeem for any one or combination of the following options:- a. Gift Items / Hotel or Airlines Loyalty miles b. Vouchers (Dining / Shopping) 3. Points to be redeemed can only be used after entry into the Cardmember’s Card account. 4. Partial redemption is an option which allows redemption with a combination of Points and RM value charged to the Maybank Credit/Charge Card. This option is only applicable to Visa, Mastercard and American Express Cardmembers, excluding Debit and Prepaid cards. 5. Completed redemption CANNOT be revoked, cancelled, returned or exchanged for any reason whatsoever. All Points used in the Redemption Programme will not be credited into the Cardmember’s account. 6. Maybank will not be liable for any death, injury, direct or consequential loss, theft or damage of any nature that the Cardmember may suffer arising from redemption of the redemption item(s). 7. Maybank gives no representation or warranty on the quality of the redemption item(s) or their suitability for any purpose and will not be responsible for any dispute that may arise between the Cardmember and the manufacturer or supplier. 8. If the choice of redemption item(s) is/are unavailable reason being the redemption item(s) is/are temporarily out of stock or discontinued, Maybank has the right to replace item(s) with a similar value by notifying Cardmember. 9. All redemption item(s) are available while stocks last. 10. All Points earned must be redeemed prior to the date the account is closed. Thereafter, all unredeemed Points will be automatically cancelled without prior notification to Cardmembers.

Redemption of Points. 1. All Card accounts must be in good standing (currently not overdue in payment), not closed or terminated by Maybank or Cardmember at the time of redemption request. 2. Cardmembers may use their accumulated Points to redeem for any one or combination of the following options:- a. Gift Items / Hotel or Airlines Loyalty milesItems b. Vouchers (Dining / Shopping) 3. Points to be redeemed can only be used after entry into the Cardmember’s Card account. 4. Partial redemption Redemption is an option which allows redemption with a combination of Points and RM value charged to the Maybank Credit/Charge Card. This option is only applicable to Visa, Mastercard and American Express Cardmembers, excluding Debit and Prepaid cards. 5. Completed redemption CANNOT be revoked, cancelled, returned or exchanged for any reason whatsoever. All Points used in the Redemption Programme will not be credited into the Cardmember’s account. 6. Maybank will not be liable for any death, injury, direct or consequential loss, theft or damage of any nature that the Cardmember may suffer arising from redemption of the redemption item(s). 7. Maybank gives no representation or warranty on the quality of the redemption item(s) or their suitability for any purpose and will not be responsible for any dispute that may arise between the Cardmember and the manufacturer or supplier. 8. If the choice of redemption item(s) is/are unavailable reason being the redemption item(s) is/are temporarily out of stock or discontinued, Maybank has the right to replace item(s) with a similar value by notifying Cardmember. 9. All redemption item(s) are available while stocks last. 10. All Points earned must be redeemed prior to the date the account is closed. Thereafter, all unredeemed Points will be automatically cancelled without prior notification to Cardmembers.