Ask RemitHome: Remittance Rewards & Multiple Recipient Transactions
Question: How does your Remittance Rewards Program work with Multiple Recipient Transactions? Do I get Bonus Points for every recipient in the transaction?
Answer: Yes. Under RemitHome’s Remittance Rewards Program, you earn a Bonus Point for each recipient in a multiple-recipient transaction. Once you have accumulated at least 5 Bonus Points, you can redeem them for Fee Rewards. Using 5 Bonus Points gets you a $5 Fee Reward, which is automatically applied to reduce the fee on your next transfer.
Earning a Bonus Point for each recipient is particularly meaningful around Christmas and New Year’s, when many RemitHome members send money to different family members. In our December 2008 newsletter, we even showed how to use a multiple-recipient transaction to send five Christmas gifts for under $100.
Sending Money to One Recipient
Say you would normally send money to your mother for Christmas. A one-time Philippine Peso transfer would cost $10, and you would earn 1 Bonus Point.
Sending Money to Two Recipients in One Transaction
If instead of sending money only to your mother, you send money to your niece as well in the same transaction, the fee per recipient is only $8 and you earn 2 Bonus Points.
So, sending money to your niece as well as your mother would cost $16 ($8 per recipient x
Note that your two recipients in the multiple recipient transaction can live in different parts of the Philippines, receive different amounts, and receive money using different delivery methods. Click here for more detailed example of a multiple recipient transactions.
If you need assistance in setting up a Multiple Recipient Transaction, please call RemitHome Customer Service at 1-800-919-0787, Monday through Friday from 9 AM to 5 PM, Pacific Time (California), or email us at email@example.com. To see how many Bonus Points you’ve earned, simply login to your RemitHome account and go to the My Rewards page. If you have questions about Bonus Points or Fee Rewards, please contact us.