|
 |
 |
| Earning of Points |
To earn points on any purchase made from the designated Monterey products at any Monterey Neighborhood Meatshop, an MVP cardholder needs to have a single minimum purchase amount of P300.00 and is awarded points based on the following computations.
| Member Type |
Mode of Payment |
Point Computation |
| Regular |
Cash |
4 pts. for every P300.00 spent |
| |
Credit Card |
3 pts. for every P300.00 spent |
| Institutional |
|
2 pts. for every P300.00 spent |
- One receipt is credited to one MVP cardholder only. Once the receipt is crdited, the Monterey Meatshop Personnel will stamp the receipt with the MVP claimed stamp.
- Purchase value will be rounded down to the nearest two hundred-peso amount for purposes of calculating points.
- Example: Purchase amount of P799.50 will be rounded down to P600.00.
- A transaction slip indicating the updated earned points and electronic cash equivalent is printed from the POS terminal and shall be given to MVP cardholder for reference.
|
| Points Conversion and Redemption |
The points will have the following e-cash equivalents:
| Member Type |
Minimum Pts. Required |
E-Cash Equivalent |
| Regular |
50 pts |
P50.00 |
| Institutional |
100 pts |
P100.00 |
As soon as the minimum points are met, the points are automatically converted to it's e-cash equivalent. Therefore, the MVP cardholder can automatically make use of the e-cash as payment for purchases. The remaining points will be valid for future point conversion.
E-cash balances are likewise valid for future use.
Limitations on the use of e-cash:
- E-cash amounts are not convertible to cash.
- Further discounts offered are not applicable to e-cash transactions.
- E-cash purchases are not valid for MVP points crediting.
|
| Usage of MVP Card |
-
MVP Cardholders are responsible for the use of this card. Whether the card is used by the member or by a third party.
- In case of lost/damaged card, the MVP cardholder should immediately notify our Customer Care Associates at (02) 633-MEAT (6328) during business hours 9AM-6PM, (Monday to Friday only) stating the circumstance of the loss or damage. The cardholder should re-enroll in person at the Monterey Meatshop for the replacement of the card and pays P200.00. Old accumulated points in the lost card will be transferred in the new card after replacement. The cardholder can also opt to make a new application, as long as the application procedures are met (namely, cardholder needs to collect P500 worth of receipts again), but old points cannot be credited to the new card.
- The cardholder should also report any changes in the personal information supplied during the enrollment form and tick the "FOR UPDATING" box.
- MVP cards will be honored in all Monterey Neighborhood Meatshops only.
- It should be presented every time a payment is made. The "No MVP Card, No Point" policy will be strictly observed. Points will be awarded for purchases made within the day only.
- In case of delivery purchase, points will be awarded when the MVP member goes to the Monterey Meatshop within 7 days from date of purchase and present the MVP card with receipt.
|
| Other Conditions |
- Owners and employees of participating Monterey Meatshops are not qualified to be members of the MVP program.
- Monterey Foods Corporation reserves the right to terminate or modify the MVP Program or any aspect of the MVP Program at any time without notice.
- MVP points for cardholder as reflected in Monterey's records shall be deemed correct. Monterey Management also reserves the right to determine the amount of points to be awarded for any transaction.
- Privileges of the MVP cardholder may be revoked at any time for any abuse of program, failure to follow any terms in the program and/or any misrepresentation made. Any of these may also affect the cardholder's eligibility to further participate in the MVP program.
- In the event that the MVP Program is terminated, cardholders must use up their e-cash balance within 30 days from the date of termination.
|
|
|
|
|
