Re: NoIQ points vs VIP loyalty bonus (rakeback)
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As i understand it the webshop in on top of the Loyalty bonus. You get the bonus as you are accumulating points (about $10 per 1000 FPP). Then you can redeem these same points for cash at a rate of $10 per 10000 FPP or NIP 18 per 10000 FPP. so the price of the items is NIP/1.8 which is not so great on the IPOD NANO I checked. But you get a nice discount on the EPT tickets. For example NIP20252=$11251=€7706 for the €10600 EPT Final Monte Carlo ticket. Good luck getting the 11,251,000 FPP till April.
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This is how I worked this out:
If you buy electronics your 10,000 FPP will be worth aprox. $6 to $8
For the Caribbean EPT 10,000 FPP will be worth $13.48
If you trade it for cash you can get $10
Of course for electronics it looks more "expensive" because they have to pay for shipping costs as well.
And all this is in addition to the loyalty bonus.
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