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Exchange Rewards – Terms and Conditions

Reward Options

Visit Members Exchange’s Rewards Site 24 hours a day to shop for and order a reward or call the redemption center at 877-909-1450, Monday through Friday from 8 a.m. to 8 p.m. Central Time. If you are calling from outside the U.S. or Canada, please call 206-352-3478, collect.

Air Travel Package

Use your points to select an airline ticket using the rewards online booking tool. Air travel can also be arranged by calling one of our travel agents.

FlexPassTM

Receive a travel discount toward the purchase of an airline ticket on a major carrier as listed in the Global Distribution System; or apply this travel discount toward the purchase of a package tour or cruise. No restrictions. Any unused value is forfeited. FlexPass travel discounts range from $100 to $3,000. If the cost of the ticket, package or cruise is more than the travel discount, the account holder may pay the difference. Discounts toward a vacation or cruise package are not available through the online booking tool. Please contact a travel agent directly to apply a discount to these options.

Hotel Rewards

Use your points to book a hotel reward online through the Rewards Site or call one of our travel agents. Account holders may redeem points for a hotel reward at select hotels and must be requested at least 21 days in advance of travel. Blackout dates and other restrictions may apply. Rewards may be subject to local taxes and fees, which are at the account holder’s expense. Advance reservations may be required and are subject to availability at time of booking.

Hotel rewards are valid at participating locations and may be subject to change without notice. Rewards must be presented and surrendered at check-in. Hotel rewards are not replaceable if lost, stolen, destroyed or expired and are non-refundable and redemptions of points final. Points, credits, and cash refunds will not be issued for any changes or canceled rewards and are not
redeemable for cash and are void if sold for cash or other consideration.

Car Rental Rewards

Use your points to book a car rental reward online through Members Exchange’s Rewards Site or call one of our travel agents. Account holders may redeem points for a car rental reward at select locations and must be requested at least 21 days in advance of travel. Blackout dates and other restrictions may apply. All taxes, fees, surcharges and optional items are the responsibility of the reward holder. Standard age, driver, credit rental requirements and other restrictions imposed by the car rental company apply. Advance reservations may be required and are subject to availability at time of booking. Car rental rewards are valid at participating locations and may be subject to change without notice.

Rewards must be presented and surrendered at check-in. Car rental rewards are not replaceable if lost, stolen, destroyed or expired and are non-refundable and redemptions of points final. Points, credits, and cash refunds will not be issued for any changes or canceled rewards and are not redeemable for cash and are void if sold for cash or other consideration.

Gift Cards and Certificates

Use your points to receive gift cards and gift certificates from your favorite merchants. You may redeem your points for a gift card or gift certificates online through Members Exchange’s Rewards Site or call one of our rewards representatives.

Available merchant categories include:

Cash for Points

Use your points for everyone’s favorite reward – cash! You may redeem your points for a cash reward online through Members Exchange’s Rewards Site or call one of our rewards representatives. Cash disbursements will be deposited to your Members Exchange savings account.

Travel Rebate (Documentation Required)

When the rebate option is selected you are not required to use the rewards travel service center to make your travel arrangements. You may make your arrangements with your own agent, or directly with a merchant. This reward allows you to be reimbursed for your travel related services once travel is completed. To determine the value of rebates available on your program please visit Members Exchange’s Rewards Site or call a rewards representative at 877-909-1450.

When you make your request, no points will be deducted until your documentation has been reviewed and finalized with a rewards representative. Credit to your account will be issued by Members Exchange once documentation has been processed and points deducted.

Program Rules

Exchange Rewards pays you back with gifts and travel just for using your card. Exchange Rewards gives you points for everyday spending using a qualifying card or account from Members Exchange. With Exchange Rewards you earn points to use toward gift cards/certificates and travel anywhere in the world.

Exchange Rewards gives you more options because it’s your Members Exchange reward program. Rewards are not tied to specific airlines or one company’s merchandise. There’s no need to visit special Web sites or make purchases at specified merchants to earn points. Simply use your qualifying card or account and watch the points add up. When you have enough points for the reward of your choice, just submit your redemption request. That’s it!

For answers to your program questions, visit Members Exchange’s Reward Site or call the redemption center at 877-909-1450 from 8 a.m. to 8 p.m. Central Time, Monday through Friday.

Travel Rewards

Your travel options are virtually limitless. Use your points to head for the sun, surf, slopes, or your favorite city’s streets. Since you earn Exchange Rewards points, not air miles, you can travel on most major airlines with fewer restrictions. For detailed descriptions of the travel rewards and points required for each, see Members Exchange’s Reward Site or call the redemption center toll-free at 877- 909-1450 from 8 a.m. to 8 p.m. Central Time, Monday through Friday. Although there are no blackout dates with Exchange Rewards, we recommend that you book early for holiday travel.

How to redeem for travel: Go to the rewards link on Members Exchange’s Reward Site 24 hours a day and use the online booking tool or call the redemption center toll-free at 877-909-1450 from 8 a.m. to 8 p.m. Central Time, Monday through Friday. Your point balance will be verified and your itinerary arranged.

Gift Certificates and Gift Cards

The Exchange Rewards points you earn can be redeemed for gift certificates that you spend directly with participating merchants.

How to redeem for gift cards/certificates: Go to the rewards link on Members Exchange’s Reward Site or call the redemption center toll-free at 877-909-1450 from 8 a.m. to 8 p.m. Central Time, Monday through Friday. Your point balance will be verified and your requested gift cards/certificates will be mailed to you. Choose among restaurants, travel and leisure, gasoline, and top retailers of electronics, apparel, sporting goods, music, movies, and more. Enjoy the  flexibility of shopping online, visiting your favorite retail stores, or taking a trip with your Exchange Rewards points.

Exchange Rewards Program Rules

  1. For the most current version of the Exchange Rewards Program Rules, reward options, and point requirements, please visit Members Exchange’s Reward Site or call a rewards representative at 877-909-1450.
  2. You earn points for qualifying transactions appearing on your statement during the program period less any credits and plus or minus any adjustments. Some transaction types may not be eligible for point accrual. Contact Members Exchange to determine transaction eligibility, eligibility dates, or for special promotions.
  3. Errors in the addition or deduction of points can occur and may be corrected by the rewards provider or Members Exchange at any time without notice.
  4. Reward options and the corresponding points required for redemption, limitations on point accrual, including monthly and/or yearly point maximums, point expiration periods, and increase or decrease in value of net point accrual are determined by, and may be modified by, Members Exchange at any time. Reward redemptions must be made prior to point expiration dates.
  5. The rewards program is being presented with no express or implied warranties or conditions. In particular, there are no express or implied warranties including merchantability and  fitness for a particular purpose not specified herein respecting this agreement.
  6. Reasonable steps will be taken to prevent the introduction of viruses or other destructive materials to Web sites associated with this program. However, we don’t warrant, guarantee, or make any representations that sites will be free of destructive materials or that the sites will be uninterrupted or error-free. We assume no responsibility for any loss or damage caused by your access or inability to access sites.
  7. Program reward statements will be available on a periodic basis as determined by Members Exchange. Statements will normally reflect the adjusted number of points earned, based on previous balance, net purchases, and deductions due to redemption activity. Members Exchange must be notified of any errors or point discrepancies within 60 days of the date when the error occurred.
  8. Reward points may be redeemed for cash or credit as determined by Members Exchange and may not be used in conjunction with promotions or discounts offered outside of this program. Members Exchange may also limit transferability between accounts and incorporation with other institution programs or offerings. Points have no monetary value outside the program nor can they be combined or transferred with or to other loyalty programs.
  9. You are responsible for submitting correct information when ordering a reward. Orders requiring correction may be subject to additional fees.
  10. Your account must be in good standing (i.e. not delinquent or canceled, or otherwise not usable for charges) to use rewards points. Members Exchange reserves the right to terminate or suspend your standing in the program or deduct points from your accumulated total if your account is not in good standing.
  11. This program may be changed or terminated at any time without notice, restriction, or penalty. A specified time frame for redemption of existing points will be given at the time that a notice of program termination is given.
  12. Any liability for taxes including federal, state, or local income, sales, use, or other taxes or gratuities imposed on a reward received from this program will be the sole responsibility of the participant receiving the reward and not Members Exchange, the rewards provider or any of its affiliates.
  13. Errors in publication of rewards materials may occur. We reserve the right to correct errors at any time.
  14. Contact Members Exchange to determine if additional rules apply to your participation in the rewards program.
  15. This program is available to account holders of specified account types at financial institutions that have contracted with the rewards provider.
  16. This program is void where prohibited by law.
  17. Services to administer the program are being provided by, and are the responsibility of, Loyalty Innovations, an operating division of Travel and Transport, Inc., (the administrator). Members Exchange and the rewards program provider assume no liability or responsibility for the provision of, or failure to provide, the respective services being provided by the administrator. The administrator is an independent contractor and is not affiliated with Members Exchange. You agree to hold the rewards program provider, the administrator, and Members Exchange harmless if the supplier of merchandise or services  files for bankruptcy or otherwise goes out of business after you have redeemed your points and before you use the item or service. You accept all terms and conditions in the program rules and release and hold the rewards program provider, the administrator, and Members Exchange harmless from any claim, liability or damage relating to this program or use of any program item you receive and neither the rewards program provider, the administrator, nor Members Exchange shall be held liable for any bodily harm, property damage, or injuries incurred which may result from participating in the program, or which may result from the provision of goods or services by suppliers.
  18. Using your account following receipt of these rules constitutes agreement to these rules on your behalf.

Air Travel Rewards

  1. Air travel and travel-related services may be requested online through Members Exchange’s Web site or by calling the travel center toll free at 877- 909-1450. Actual travel must take place within 330 days after the reservation is made. Minimum or maximum stays may apply to certain air categories. Tickets for airline reward seats are subject to availability and any terms or conditions imposed by the airline on travel dates specified by the account holder. Additional travel restrictions may apply at the discretion of Members Exchange.
  2. Any errors or discrepancies must be reported to the travel center at 877- 909-1450 immediately or at a minimum, within 24 hours from the time of the ticket booking. E-mail requests will not be accepted. Any changes made after the ticket issuance could incur additional fees and/or penalties, jeopardize availability, and cause the fare to increase at the account holder’s expense except where those errors were made by us and reported by the account holder within the required 24-hour period. All voluntary changes at any time are subject to the program rules and could incur additional fees and/or penalties by the airline and/or the travel center. All airline tickets are non-refundable and redemptions are final. Points, credits, and cash refunds will not be issued for any changes or canceled travel arrangements.
  3. Itinerary dates and/or departure/arrival times may be subject to change by the airline. The account holder may accept changes in the itinerary or the ticket may be canceled without penalty and points reinstated.
  4. Travel insurance is available for select reward types. Account holders are responsible for any fees associated with the purchase of travel insurance. Please speak to a travel agent at 877-909-1450 for additional details.
  5. Tickets may be issued in any name designated by the account holder but the tickets and/or itinerary will be mailed/e-mailed to the account holder address on file with the rewards provider within the 50 U.S. states only.
  6. Tickets will be issued as e-tickets, either through e-mail or U.S. Mail. Paper tickets are subject to an additional processing and delivery charge. Additional costs, such as rush charges and/or traceable overnight delivery of rewards, are at the account holder’s expense.
  7. Round-trip ticket rewards must originate from, and return to, the same airport.
  8. International destinations are limited to select cities and are subject to change upon sixty (60) days advance notice.
  9. Account holders may be responsible for paying any government-imposed security fees, airline fuel surcharges, or other airport, airline, and agent fees. Lost, stolen, or otherwise destroyed airline tickets or other travel certificates will not be honored or replaced. Rewards may also be subject to local taxes and fees, which are at the account holder’s expense.

Cards and Gift Certificates

  1. Points can be redeemed for gift cards/certificates from select merchants. Your gift cards/certificates will be shipped within 7-10 business days to the address on file with the rewards provider within the 50 U.S. states only.
  2. Lost, stolen, destroyed, or expired gift cards/certificates are not replaceable. Once points are redeemed for a gift card/certificate they cannot be returned, changed, or exchanged and are not redeemable for cash or credit.
  3. You have 30 days from the date a reward is requested to report an undelivered gift card/certificate by calling the Rewards Redemption Center at 877-909-1450.
  4. All sales/use taxes and shipping and handling charges are the responsibility of the account holder and will apply in accordance with the merchants’ policies in effect at the time of redemption. Purchases in excess of the amount of the gift certificate/gift card are at the account holder’s expense. Additional terms and conditions are specified on the card or certificate. Merchant availability subject to change. Gift card/certificate use is subject to the terms and conditions printed thereon. Gift cards/certificate for services (including but not limited to experiential and entertainment certificate) are subject to the terms and conditions of the vendor providing the services. Gift cards/certificate are also subject to any other restrictions imposed by the merchant.