Mypoints.com, When to cash in?

[dtuleya]

Is there any advantage to transfer them (mypoints) all at once, or should I do it everytime I reach a level where i can cash them in?

How much time before our trip should I cash them in?



Thanks Mal!

 

[disney4us2002]

I cashed out the first time at mypoints with 3000. Now I usually cash out at 1350 for a $10 webcertificate. I just got that Tupperware email today so I can cash out again tomorrow, wooohooo! You can order the plastic webcertificate anytime, they will keep upping the amount as you get new webbies.

Carla

 

[dtuleya]

I forgot to ask before (I'm not very good at finding answers when I do a search)...are there restrictions as to how much you can have on a webcertificate? Is there any type of an expiration date?

 

[disney4us2002]

There is a fee if the webcertificate is dormant for so long. I think it's 12 weeks or even longer.

Carla

 

[dtuleya]

So it sounds like my best bet would be to save all my points until about 2 months before we leave and then cash them in. Does that sound right?

 

[disney4us2002]

The only issue with saving points and not redeeming them is that there is ZERO warning when a reward site goes belly up. This has happened to people here but not me personally. I would consider cashing out every few months. Inactivity at webcertificate.com means you aren't spending OR earning webbies. As long as you can add to your account every 3 mos. that might be safer. Also, if need be you can add cash to your webcertificate with a visa or mastercard.

Carla

 

[dtuleya]

Great idea about adding cash to keep the account active. Thanks!

 

[cindala]

How do you know if they will charge a fee if your webbie isn't active for 3 months or more? I'm sure at some point I haven't used or added to mine, but the balance seems correct. Will I find a fee added when I go use it again?

 

[disney4us2002]

I think someone mentioned it here once then I went specifically looking. It is listed on the webcertificate.com site under FAQ's. Here it is copied:

"Your account may be subject to a monthly "Account Dormancy Fee." An inactive account is defined as an account that meets all three of the following criteria:

You have not claimed a Webcertificate within the applicable inactive time period. To determine the inactive time period that applies to your account, please visit the Disclosures and Fees section.
Your Webcertificate has not been used for a purchase for 90 days or more.
Your Webcertificate has not had funds added to it for 90 days or more. "

Like I said earlier you can add to your account with a visa if need be. It costs $1.

Carla

 

[dtuleya]

what happens next. I've read posts where people say it take some time for their points to be actually deducted from their account. Right now, they are listed as "pending redemption" so I know I did the cashing out part correctly.

If I am understanding this correctly, I will get an email (from whom, webcert or mypoints) with my account information, right? Currently I don't have an account with webcert. Do I need one before I get my email? Then do I just transfer the money into my webcert account? What happens then?

Sorry I did a search, but couldn't find my answers. I knew all you reward program experts could help me out!

 

[disney4us2002]

The email I got was from webcertificate.com and said something like "Congratulations, you've just received a webcertificate from mypoints." It provides you a link and then you click it to the site and either sign up or sign in (if you already opened the account). I don't think it matters at all. Mine have been taking about 2 weeks to come via email.

 

[dtuleya]

Thanks for the quick reply! I'll eventually get the hang of this.

 

[tcarr5]

does anyone know the maximum amount you can put on a webcertificate????? thanks.

 

[Thumper's Dad]

Doesn't seem to be a limit to how much value you can have in your webcertificate account at one time. There are, however, two other "limits" that I've seen.

1. For a fee of $1.00, you can add up to $50 to your account using a credit card. That means it would cost you $3 to add $150.

2. You are limited to a maximum of nine purchases per day using your webcertificate account. Actually, that's a good idea--keeps you from falling prey to "shop til you drop" using webbies (maybe a liability insurance thing? )

 

[Thumper's Dad]

Doesn't seem to be a limit to how much value you can have in your webcertificate account at one time. There are, however, two other "limits" that I've seen.

1. For a fee of $1.00, you can add up to $50 to your account using a credit card. That means it would cost you $3 to add $150.

2. You are limited to a maximum of nine purchases per day using your webcertificate account. Actually, that's a good idea--keeps you from falling prey to "shop til you drop" syndrome using webbies (maybe a liability insurance thing? )

 

[Thumper's Dad]

Doesn't seem to be a limit to how much value you can have in your webcertificate account at one time. There are, however, two other "limits" that I've seen.

1. For a fee of $1.00, you can add up to $50 to your account using a credit card. That means it would cost you $3 to add $150.

2. You are limited to a maximum of nine purchases per day using your webcertificate account. Actually, that's a good idea--keeps you from falling prey to "shop til you drop" syndrome using webbies (maybe a liability insurance thing? )