New functionality has been added to the Terabank Tera Points accumulation program. From now on, customers will have the opportunity to cash out accumulated Tera Points.
Until now, Tera Points could only be used to top up mobile phone balances and pay utility bills. The new function makes the use of the program even more convenient and diverse.
To cash out Tera points, the user must enter the My Products section of the Internet Bank, select Tera Points in the sub-menu and then Cashout and indicate the account where the money should be deposited.
The principle of Tera points accumulation remains unchanged: to be included in the program, users must have an active current, card or demand deposit account and have one of the following plastic cards: Visa/MC Travel, Visa/MC Next, Visa/MC Next Up, Visa/MC Gold, Visa Platinum, Visa Infinite or Junior Card.
Users are automatically enrolled in the program and collect Tera Points when paying in GEL or a foreign currency at the POS terminal of any bank. The minimum settlement amount is 5 GEL and it is equivalent to one Tera Point. Above GEL 5, customer gets one Tera Point per GEL.
Tera Points are deposited every Friday at the end of the business day and can be used immediately after deposit. 300 Tera Points equal GEL 1. Detailed information about Tera Points: https://www.terabank.ge/ge/1216
