"Redemption minimums" refers to the minimum amount required to redeem or use a specific benefit or reward. It is the lowest threshold that must be reached in order to access or take advantage of something. Full definition
Gift certificates and merchandise redemptions minimums vary based on what you are redeeming for but you can get 1 cent per point with some gift card redemptions. (uponarriving.com)
It's not unheard of for other credit cards to require a $ 100 redemption minimum for travel purchases but it does make things less convenient when you're forced to redeem your points in those big quantities. (uponarriving.com)
While I would normally recommend applying for the Capital One Venture card since it has lower redemption minimums, the extra Arrival Plus has the extra $ 100 in travel attached to its sign - up bonus right now so I'd have to give it the nod. (uponarriving.com)