Common use of Reward Programs Clause in Contracts

Reward Programs. Under the Program, you may earn and use points ("Rewards Point(s)") to obtain a variety of rewards ("Rewards") including merchandise, gift cards, travel rewards, cash back and domestic U.S. air travel rewards as full payment for goods or services available through us. You may earn Rewards Points as set forth in Section III below. Until April ▇▇▇▇ ▇▇▇▇▇▇▇ maintained two rewards programs, the "Basic Rewards Program", and an enhanced rewards program with additional ways to earn points known as the KeyBank Relationship Rewards Program ("Relationship Rewards Program" or "Relationship Rewards"). As of April 2015, the Basic Rewards Program was terminated and all enrolled Customers are now Customers of the Relationship Rewards Program. The Program Rules will govern the Program, as may be amended from time to time. If you are enrolled in the Program, you will have a rewards account ("Rewards Account") as further described in Section IV.1.