Introducing the only loyalty/retention solution with free rewards, tracking and redemption. Web site now available in Spanish.

Products

Boca Raton, Florida — based Destination Rewards, Inc. launched its revolutionary approach to the loyalty and incentive market in 2001.

The foundation of the concept was the creation of an exciting new rewards currency, “Rewards Cash”, which enables companies to deliver valuable loyalty and incentive benefits to their customers and potential customers at dramatically reduced costs.

The patent pending method integrates travel and other entertainment products with a proprietary technology platform connected to suppliers in real-time.

The product cost and flexibility offer clients an unparalleled value proposition and a variety of solutions never previously available.

The Product — Clients provide their customers with personalized cards allowing them to access their own Rewards CashSM account. Each account is loaded with a “cash” balance that essentially gives the customer instant point of sale savings off already competitive prices at over 6,000 hotels and resorts, DVD movies, magazines, software, airline tickets, dining, cruises, movie tickets, resort condominiums and more.

The customer can use a major credit card to pay any remaining balance. Rewards CashSM can be configured into a variety of products, ranging from one time give away incentives to ongoing retention and loyalty programs. A recent survey* says two thirds of respondents stated that their top reason for participating in a rewards program was to receive discounts.

Value — Rewards Cash provides exciting value propositions for our clients and their customers. Our clients experience a revelation to cost because Rewards Cash is sponsored by our participating suppliers.

Therefore, unlike traditional rewards programs, clients assume no liability or cost for rewards. The only costs are monthly or annual fees to provide account tracking, customer service and redemption services.

Implementing a program is also very easy and inexpensive. We can engineer a turnkey solution for almost any budget.

Velocity — Program Velocity or how quick someone can earn rewards is a critical element to the effectiveness and longevity of a program. If consumers have to wait to long to earn value they quickly lose interest.

The higher the “Velocity”, the more engaged consumers are. A recent survey showed that 70% of customers that quit a rewards program was due to the length of time it takes to build up rewards. Other primary reasons included not being rewarded properly and trouble redeeming rewards.

Our unique formula, Rewards CashSM allows our clients to keep the hurdles low to earn high value. The Velocity factor and lack of restrictions of Rewards CashSM is unparalleled in the industry.

Simple & Easy — The redemption process for Rewards CashSM is instantaneous and completely automated through our website.

A recent survey* showed over 65% of loyalty program participants prefer to redeem via the web.

Our state of the art website has real time interfaces, via Pegasus Solutions, to every participating hotel and resort allowing us to retrieve real-time lowest pricing of the day, availability and the Rewards CashSM amount that will be applied to the booking. Reservations are completed online with printable and e-mailed hotel confirmation and historical transaction tracking.

Entertainment and personal items are also redeemed with ease.