its-rewards.business

How it Works?
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iGNITE is a free Coalition Loyalty Program where Members can earn Bonus Points from their daily shopping transactions and redeem points from various Merchants.
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iGNITE Members can collect and redeem Bonus Points when shopping in partner branches or online
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iGNITE Members can also enjoy numerous promotions and discounts that our partners are offering.
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The more Members spend in the Merchant network with the iGNITE Membership, the more iGNITE Bonus Point they will earn – and the more they can save.
Two-tier Bonus Point Scheme Structure
1. Earning
1. 1. Tier 1 : Spark Rewards Basic
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Bonus Point Earning Rate: Members will earn 1 unit of Bonus Point for every HK$1 (US$0.13) they spend in the iGNITE Merchant Network
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Tier1 Bonus Points can only be redeemed at the shop where the Members earned the Bonus Points.
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iGNITE will charge the Merchants the point transaction fee right after the transaction is confirmed and completed.
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Merchants are not required to pay iGNITE the Tier 1 Bonus Points.
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1.2. Tier 2 : Spark Rewards Plus
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Extra 30% of the Tier1 Bonus Points
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Tier 2 Bonus Points can be redeemed at any participating shops of the iGNITE Merchant Network.
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iGNITE will charge the Merchant the point transaction fee right after the transaction is confirmed and completed.
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Besides the point transaction fee, Merchants are required to prepay iGNITE the Tier 2 Bonus Points, which will be reserved for the Members to use at any of the the participating Merchants.
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Example

Transaction 1
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HK$5,000 Spending
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Spark Rewards Basic :5,000 units
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Spark Rewards Plus : 1,500 units

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HK$1,000 Spending
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Spark Rewards Basic : 2,000 units
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Spark Rewards Plus : 600 units
Transaction 2

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HK$2,000 Spending
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Spark Rewards Basic : 2,000 units
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Spark Rewards Plus : 600 units
Account Summary
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Spark Rewards Basic : 9,000 units
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Spark Rewards Plus : 2,700 units
Transaction 3
2. Redemption:
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The preset value of 100 units of the Bonus Point is HK$2(US$0.26). It means 100 unit of Bonus Point can redeem HK$2 value of product or service from the participating shops.
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Merchant can increase the redemption value of the bonus points, e.g., 100 units of Bonus Point to redeem HK$200 value of product or service.
Note:
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Merchants can change the Tier1 Bonus Point earning rate, but it cannot be lower than the minimum rate
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Merchant cannot change the Tier 2 Bonus Point earning rate
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No matter what the Tier-1 Bonus Point earning rate the Shop set, an extra 30% of the Bonus Points will be offered as Tier 2 Bonus Points
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Example:
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Increase the Tier 1 Bonus Point earning from 1 unit to 5 units for every HK$1 (US$0.13) spends, the Tier 2 bonus point will be increased from 3 units to 15 units
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Increase the Tier 1 Bonus Point earning from 1 unit to 10 units for every HK$1 (US$0.13) spends, the Tier 2 bonus point will be increased from 3 unit to 30 units