The phrase
"redemption amount" refers to the specific sum of money that needs to be paid or returned to redeem or settle a debt, obligation, or financial instrument. It is the total value or cost required for repayment or resolution.
Full definition
There's a few hotels
where redemption amounts will change 5,000 - 10,000 points with some increasing, and others decreasing.
If you want to redeem your points for a Visa gift card there's also a minimum
redemption amount of $ 50 ($ 25 for other types of gift cards).
Point
redemption amounts for Reward Nights at approximately 700 hotels will change, but there's no exact date yet as to when that will happen.
To achieve that, your
first redemption amount needs to be just large enough to leave you with exactly $ 50 for your second redemption, which can be made immediately after your first redemption since the 5 % redemption bonus is immediately credited to you.
Something on the order of $ 9 extra is not a lot, but it's worth noting that the same kind of thinking I outline below also applies to other reward cards that give you some of your points or miles back each time you redeem them and for which there is a minimum allowed or minimum
useful redemption amount.
Redemption amount reduced to EUR 45 million, but noting company's ongoing buyback - related reduction in shares outstanding, almost 54 % of DCP investors» shares will still get redeemed.
While the Carnival World MasterCard may seem appealing to someone who spends regularly on Carnival cruises, remember that there are many other cards out there that have the potential to earn more and won't require high
redemption amounts in order to get the best value.
Furthermore, you can redeem flights up to 2,000 miles for 20,000 Avios which is the short - haul requirement for United, but British Airways allows you to travel 1,300 more miles for the
same redemption amount (20,000 miles) than what United allows!
The bonus 5,000 points upon sign - up are a nice plus, giving cardholders the minimum
redemption amount at a low expense amount of $ 500, however, there really aren't many other perks after that.
It's worth mentioning that there is still a minimum
redemption amount of $ 25, so while you can redeem against a lot of small purchases, the sum total must be over $ 25 when you do it.
(Note: some stores won't allow you to use a credit card to buy all of the different types of gift cards, but you can usually charge store cards with
fixed redemption amounts.)
If you spent more than just the minimum $ 1,000 required for the bonus, then your optimal
first redemption amount will be a bit more than in that example and the extra cash back you get from following the optimal path will be a bit more too.
There's a few hotels
where redemption amounts will change 5,000 - 10,000 points with some increasing, and others decreasing and there's also a new maximum now of 70,000 points per night, up from the previous high of 60K.
A whole bunch of cards now offer 1.5 % cash back on all purchases, but many set a minimum
redemption amount, tying up your rewards until you use your card more.
Since the inception of the Company to the end of February 2012, total purchases net of sales and
redemptions amounted to # 287.1 billion (2011: # 199.6 billion).
24:
Redemption amounted to: a sweaty, very extended and occasionally rather soupy trailer for the new series that begins in January.
Market discount is treated as de minimis if it is less than one - fourth of one percent (1/4 %) of
the redemption amount of the bond (typically the par value) multiplied by the number of complete years until the bond matures, measured from the date it is acquired by the holder.
So, for example, if you spent exactly the $ 1,000 needed to earn the $ 200 initial spending bonus and have $ 215 available to redeem, your optimal first
redemption amount is ($ 215 — $ 50) / 0.95, which is $ 173.68.
Redeeming cash back is super simple with no minimum
redemption amount and no restrictions about what you can use the cash back for.
Also, you can redeem your points as soon as you meet the minimum
redemption amount.
Some structured bonds can have
a redemption amount which is different from the face amount and can be linked to performance of particular assets.
An extra 10 % is added to
every redemption amount provided that the cardholder has a Bank of America credit card.
If
the redemption amount is less than the amount owed, the unpaid balance of the loan is discharged.
Note:
Redemption amounts must be in multiples of $ 500
Accrued interest on
the redemption amount shall be paid.
If you redeem your bond when there is a scheduled interest payment, you will receive the scheduled interest together with
your redemption amount.
Mutual fund companies must pay the proceeds of
the redemption amount to the investor within seven calendar days but typically pay in three days or less.
Otherwise there wont be any compounding for
the redemption amount.
This is better than the other 2 % cash back cards on the market due to the fact that it comes with free financing on purchases over $ 199 and there is also no minimum
redemption amount (it's applied as statement credit at the end of each month).
Should you change your investment goals or need access to your funds, cash in this GIC at any time subject to the tiered pre-encashment rates and to the minimum
redemption amount and minimum remaining balance.
Sales Charge: In the case of mutual funds, these are commissions charged to holders of fund units, usually based on the purchase or
redemption amounts.
Phrases with «redemption amount»