{"key":"points-programme-rules","version":"1.0","sha256":"145c573ac0dd422f6492e63b41cc67ddc4650c90c114c30b992b93085d112060","locale":"en","title":"Points Programme Rules","requiresAcceptance":true,"materialChange":false,"effectiveFrom":"2026-01-01T00:00:00.000Z","publishedAt":"2026-01-01T00:00:00.000Z","icon":"Coins","order":3,"url":"https://auth.iec.exchange/api/legal/documents/points-programme-rules","bodyMarkdown":"# Points Programme Rules\n\nPoints are the accounting units of the IEC loyalty programme. They are a\n**discount entitlement**, not money and not an electronic means of payment.\n\n## Closed loop\n1. Points are **never exchanged for money**, including on withdrawal from a\n   programme — refunds are made in Points.\n2. Points **cannot be transferred** between users.\n3. Points **cannot be purchased**.\n4. Points are redeemed **only against services of the operator and its\n   services**. Third-party services — flights, insurance, accommodation —\n   cannot be paid for with Points.\n\n## Rate and redemption\n100 Points = 1 USD. Points can cover **up to 50%** of the price of a programme,\nsubscription or service.\n\n## Earning\nPoints are granted for inviting paying participants, for mastered catalogue\nprogrammes and for activity in the services. IEC ID is the sole issuer.\n\n## Expiry\nPoints expire after 12 months without any account activity. The nearest expiry\ndate is shown in the Points section; we warn 30 and 7 days in advance.\n\n## Abuse\nPoints obtained by circumventing these rules are reversed by a compensating\nentry. The decision can be appealed through support and is reviewed by a human.","resolvedLocale":"en"}