What is Cash Out?
How do I cash out my rewards points and get real money?
Why can't I request a Cash Out?
When will I get my Cash Out?
My bank account name is different to my account name. What should I do?
Shall I deposit my Cash Out into a joint bank account?
What is Cash Out?
This cash out program is specially designed or those mainland China Members who can travelers of enjoy to redeem their Purchase P Points into cash at any time.
After verification of the member’s personal details and bank account information Redeem Point Club will remit the via the broken Foreign Exchange Broker the cash into member’s own bank account of either Hong Kong or China.
How do I cash out my rewards and get real money?
Once you have accumulated as least 100,000 P Points, you can request to cash out your rewards on the Cash Out page. You will only be able to request cash out if you have verified your account. From the Cash Out page, follow these simple steps:
1.If you are requesting a Cash Out for the first time, the cash out form will ask you to check your Account Name is correct. Then select your bank and enter your account number. You need to correct your Account Name details before requesting a cash out again by going to the Personal Profile setting page and clicking 'Edit' to the right of Personal Details;
2.Select your cash out value and press Submit Request;
3.Carefully check your request details are correct in the Cash Out History ;
Redeem Point Club will charge an administration fee of 100,000 P Points if your bank account details are incorrect and the direct deposit is returned to us.
Why can't I request a Cash Out?
In order to request a Cash Out, your account must be fully verified. After the verification of member account, Redeem Point Club will usually arrange T/T payment via Foreign Exchange Broker or banks with 2 week.
When will I get my Cash Out?
Direct deposits are processed only once a month, and there is a mandatory waiting period of 2 weeks. This means it will be at least 5 weeks, and possibly up to 6 weeks or more, before you receive your direct deposit.
After you should only enquire about a delayed direct deposit if it has been at least 7 weeks since you requested it.
My bank account name is different to my Redeem Point Club account name. What should I do?
On the Cash Out form, your bank account name is automatically set to the name that is currently on file with us.
If when you joined you entered incorrectly your name, or if for some reason you have changed your name (such as by marriage), you are give one times only to edit your name in the Personal Details Setting insert diagram.
You cannot have your cash out deposited into another person's bank account or a company bank account. It must be deposited into your personal bank account.
Shall I deposit my Cash Out into a joint bank account ?
No, you can’t deposit your Cash Out into a joint bank account.