Prepaid and postpaid Globe Telecom subscribers now have more ways by which they can enjoy their rewards points, as the telco just unveiled a revamped rewards model. Here are the key things you need to know about it:
1. Subscribers can use their Globe rewards points as a form of payment similar to cash.
In the past, rewards points earned can only be used to redeem the telco's mobile-service packages, bill rebates, gadgets, and gift certificates from partner establishments. Too often, these things require boatloads of points.
Now, Globe Rewards offers more low-priced items, such as food, beverage, and movie tickets. It also features a straightforward points-to-peso conversion rate of 1:1.
2. Points-to-peso conversion rate of 1:1 means that one point is equivalent to P1.
If a subscriber has, say, 100 points, that means he has P100.
3. Here are the partner merchants' minimum requirements:
New Globe Rewards partner merchants
More partnerships will be announced in the coming months. In fact, the goal here is to include sari-sari stores to the telco's list of partners. Globe Rewards should be applicable to the company's other services, such as Globelines and Globe Tattoo Broadband, in the future as well.
4. To redeem the Globe rewards points, just take note of these steps:
How to redeem Globe rewards points
Redemption is done instantly. For example, if you want to gas up at Petron, go to the nearest station, get its 10-digit mobile number, follow the steps above, and, well, that's it! You can already have your car tank filled with gasoline.
5. Globe rewards points are earned every time a prepaid subscriber tops up or a postpaid customer uses his Globe postpaid plan.
Every P25 spent is equal to one point. For out-of-contract postpaid subscribers, an equivalent of 4 percent of the monthly bill is converted to points.
Remember that rewards points expire and are only valid within a calendar year. More information can be found here.
The company claimed that Globe Rewards has done wonders for them. In a span of two short months—since Globe introduced its retooled platform—roughly 7 million rewards points have been redeemed. Another way to look at this is that about P7 million has already been spent on goods and services available from Globe and its partner merchants. Not bad.
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