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Redeem points for monetary credit towards balance owing

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Jun 20, 2002
My Map
Well, NAB must have been reading my posts, because no sooner had I posted this message, than I got the following letter:

Special Offer! Redeem your NAB Gold Reward Program Points

How would I like to redeem by points for a credit towards by bill....

so they value points as such:

$700 credit when you redeem 71,000 points (normally 101,000)
$300 credit when you redeem 31,000 points (normally 41,000)
$125 credit when you redeem 13,000 points (normally 19,000)

Redeem before 40 April 2004, credited within 5 working days.

Whilst an interesting offer, sorry NAB, not for me.

I value my points much higher than you do....

Alan in CBR

Apr 2, 2004
They want to (effectively) buy back their points at less than one cent each? Tell 'em they're dreamin'.
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