Great Tax Bank Product customers can earn
cash with the Great Rewards program! You can earn up
to $3.00 per paid federal RAL/non-RAL bank product return
if your qualifying volume is at least 500 paid bank product
returns.
Qualifying volume for non-RAL bank products
includes all non-RAL bank product returns where the IRS deposit
is enough for a check to be printed or a deposit to be made.
To include RAL returns in your qualifying
volume, your Unpaid/Delinquent Loan Percentage must be 1.00%
or less. If your percentage is 1.00% or less, your qualifying
RAL returns include all approved and fully paid Refund Anticipation
Loans.
If your qualifying bank product return volume is at least
500 returns as of August 31, 2008 you are eligible to receive
Great Rewards according to the following schedule:
Qualifying Volume
through 8/31/08 |
Amount paid to you |
| 500 - 1000 returns |
$1.00 per return |
| 1001 - 1500 returns |
$1.50 per return |
| 1501 - 2500 returns |
$2.00 per return |
| 2501 and more returns |
$3.00 per return |
| |
|
Great Rewards Revenue
Really Adds Up!
Example One: |
|
| Qualifying Non-RAL bank product returns |
1000 |
Approved and paid RAL returns
(Unpaid/Delinquent Loan Percentage of 0.50%) |
1600 |
| Total Qualifying Volume |
2600 |
| Great Rewards: 2600 x $3.00 = $7800
|
| |
| Example
Two: |
|
| Qualifying Non-RAL bank product returns
|
600 |
Approved and paid RAL returns
(Unpaid/Delinquent loan Percentage of 3.50%) |
100 |
| Total Qualifying Volume |
600 |
| Great Rewards: 600 x $1.00 = $600
|
Your Unpaid/Delinquent Loan percentage is
calculated as the overall ratio of Unpaid RAL balances to
Total RAL Balances.
Greatland's Great Rewards will be calculated as of August
31, 2008, and will be paid by October 15, 2008.
