You signed up to a loyalty program. You are always on the look-out for reward points. But are you making the most of the program? Mentioned in this post are five tips that will help you make the most of your loyalty programs.
Loyalty programs come with various benefits such as discounts, privileges and more. While most of these programs come with certain conditions such as minimum balance requirement, minimum eligible activity in a specified period, the rewards more than make up for it. However, to take full advantage of your program, it is essential not to miss an opportunity to earn and redeem the points of your loyalty program.
Here are five tips that can help you make the most of your program.
1 Keep Your Membership Details Handy: Whether you want to use the points or earn, you will always be asked to provide the details of your membership during the transaction. In fact, for online transactions, you may have to access the associated website through your loyalty program website and enter your membership details before you can start the transaction.
Although most programs will let you link your membership account to your mobile number, some of the programs’ associated partners may require extra details such as your membership number. Thus, it is essential to keep your membership details handy with you so that you never miss an opportunity to earn or redeem points.
2 Keep Track of Partner Outlets: Shopping from brands that your program partners with, whenever possible, can help increase the earning and redeeming opportunities for you. Remember to ask if the brand is tied up with your program at the counter. And if you are shopping at online stores such as Amazon, do check if you can earn points when you shop at such stores. Keeping track of your program partners can not only help you get access to exclusive discounts but also help you to earn or redeem the points with ease.
3 Accumulate your Reward Points to Move up the Membership Tiers: Most loyalty programs have tiers or levels, and the members are incentivisd to level up as they advance in the program. The more points you accumulate, the higher up the level you can go.
Membership of a higher level means better privileges, exclusive offers, and greater benefits. For example, a travel and lifestyle program may allow benefits such as complimentary in-flight meals, 2x rewards for the same activity, lounge access etc., which may be paid or inaccessible for the lowest level member. This makes it important to accumulate the reward points so that you can get the best possible benefits out of your program.
4 Visit the Program Website Regularly: Most rewards program websites regularly advertise lucrative deals on their landing pages. This is where you can get to know ways of earning bonus points, or adding to your reward point count. To accumulate points quickly, you must know spending on which partner brand will increase your point count the fastest. It is wise to keep up to date with these offers.
5 Be Aware of the Terms and Conditions: Reward points may be subject to a period of validity. Maintaining a certain membership level may require a certain amount of purchasing activity. Sometimes reward points may be awarded retroactively and you may have to present certain documents to activate them. You may, at times, need to know a special promotional code to take advantage of a certain offer. The terms and conditions page of your program is where you can find all such information.
Reward point programs are about providing you with the perks and luxuries that you have worked hard to earn. And the cherry on the cake is the money that you stand to save by being part of such programs. A little preparedness about the nitty-gritty of the program can ensure that you have it all.