Youi Dollars to be replaced with Youi Rewards
Update: May 1st 2019 The rewards program known as Youi Dollars is being replaced with Youi Rewards. Below is an old post that refers to the previous program know as Youi Dollars. The team from Youi have reached out and asked us to let you know about this change. We will write a new post on Youi Rewards, what is included, what is covered and how the rewards program works.
Read more from Youi on the new Youi Rewards program.
Youi Dollars or YouiDollars or YOUI $$$
So what are YouiDollars, how can you earn them and where can you use them? YouiDollars are a rewards program by Youi and YouiDollars are available to both new and existing Youi customers. Here is what Youi says about YouiDollars. "Just by using YouiRewards®. You could save big. Sound good? Each of your Youi policies will earn you half your premium in the form of YouiDollars®. You can use them to save real money on things like food, fuel and flights with our great partners."
So what steps do you need to do to ensure that you can claim your YouiDollars?
In order to be eligible to participate in YouiRewards, you must be an individual who:
(a) holds one or more Eligible Youi Policies;
(b) possesses a smartphone device operating iOS or Android;
(c) has installed the Youi App on that device;
(d) Create a YouiRewards Account on the Youi App; and
(e) has linked one or more of your Youi Eligible Policies to YouiRewards either:
(i) via the Youi App; or
(ii) by calling the Youi Client Services team on 13 YOUI.
Did you know you can Earn Bonus YOUI Dollars:
For every eligible policy that you link to YouiRewards, Youi will credit its customers with 50 YouiDollars immediately. Youi call this Bonus YouiDollars. To use your YouiDollars, you need to link your policy to your Youi Rewards Account. You earn YouiDollars for each Eligible Policy, irrespective of whether you link those Eligible Policies to a YouiRewards Account. However, until an Eligible Policy is linked to a YouiRewards Account, the YouiDollars you earn will be Inactive. So if you want to use your YouiDollars, then you'll need to link them.
Do YouiDollars expire?
Yes, YouiDollars will automatically expire and be forfeit if you have not redeemed those YouiDollars via the App within 18 months of those YouiDollars being earned. So make sure you are aware of them as then
What is an eligible Youi policy for earning YouiDollars:
Eligible Policy means an active Youi Car, Home Building and/or Contents, Motorcycle, Watercraft, Business Liability, and/or Caravan and Trailer insurance policy held by you. However, NSW Compulsory Third Party (CTP) Insurance policies underwritten by QBE are not an Eligible Policy.
YouiDollars - Some of the Partner Rewards available include:
Here are some of the offers available through Youi Dollars:
There are many many more offers to consider.
Want to know more?
YouiDollars - Terms and Conditions: https://www.youi.com.au/globalassets/Rewards/App/youirewards-terms-and-conditions.htm https://youi.com.au/globalassets/documents/tcs/youirewards.pdf
Advisr does not provide advice and does not hold a financial service license (AFSL). All information above has been provided by Andy Jamieson.