Redemption is simple. If a customer redeems towards a membership upgrade or jet card purchase, the jet membership operator will take care of everything as part of the new sale. When redeeming for cash, this is done through their SafeGuard Customer Portal using a simple form detailing where they would like to have the funds deposited. Any redemption will signify the end of the loyalty program.
All SafeGuard Loyalty Programs are secured through an insured structured finance model that provides a pre-determined value after a pre-determined length of time, without the risk of market fluctuation. All applicable funds are held in trust and protected by A-grade specialist insurance to guarantee all qualifying payouts.
This structure ensures that the value of your Loyalty Program is secured separately so that in the unlikely event that anything happens to your jet membership provider, or even SafeGuard, that your accrued Loyalty Credits will still be redeemable through the trust up to the maximum agreed amount.