Sprint Credit Union Member Cash Rewards Offer Enhancement!

Effective November 21, 2018, the existing Sprint offer is being enhanced to reflect the following changes:

 

How will this impact my members?

How will this impact members who register starting 11/21?

Great news! Both new and existing members can take advantage of earning $100 in cash rewards per new line on unlimited linesNew lines are no longer capped at $300 so now is the perfect time to switch to Sprint and add more family members to your plan.

New Customers to Sprint

  • For a limited time, credit union members earn $100 in cash rewards per new line on unlimited lines with Sprint
  • Credit union members receive a $100 annual loyalty reward every year
  • Plus, 25% off select accessories purchased in Sprint stores

Current Sprint Customers

  • Credit union members who transfer into the program receive a $100 annual loyalty reward on their 12-month anniversary of transferring into the Cash Reward program.
  • Existing Sprint customers can earn $100 in cash rewards per new line with Sprint
  • Plus, 25% off select accessories purchased in Sprint stores

All members must register at LoveMyCreditUnion.org/SprintRewards to enjoy these exclusive benefits.

 

How will this impact members who registered prior to 11/21:

  • Members who registered prior to 11/21, will be grandfathered into the program terms and conditions at the time of their activation and registration.

 

How will this impact my credit union?

When do I need to update program marketing materials?

  • Your credit union will need to update your Sprint Credit Union Member Cash Rewards marketing materials as soon as possible as this will replace the current offer effective November 21, 2018.
  • If your credit union has properly uploaded the HTML code for the Sprint web banners in the Partner CenterOpens a New Window.; the updated web banner will automatically update. If you did not use the HTML code, then you will need to manually update your web banner. 

What if I already sent out a communication (such as a newsletter) that will hit post 11/21?

  • No worries, Sprint will honor the current offer if it is more favorable to your members.   

Will this offer impact my quarterly Sprint revenue?

  • No, the revenue structure will remain the same as it has been throughout the year.  With a better member value proposition, we anticipate a lift in program engagements and participation.  Credit unions will receive $23 for each new Sprint line activation*. To receive the revenue share credit unions must complete the marketing requirements for 2018.

*$23.00 on each new line activated on the Sprint program. “New line” is a line(s) added when opening a new Sprint account or a new line added within 30 days of account activation

 

Updated Marketing Materials 

Updated Program Overview Deck - Coming 11/21

Updated Member FAQs - Coming 11/21

Key Dates - Action Required

November 21, 2018:

  • Offer update goes into effect
  • Update all Sprint marketing materials 

Email Communications to CUs

Updated Terms & Conditions

Limited time offers. Activ. Fee: Up to $30/line. Credit approval req. Cash Reward Offers: Avail. for eligible credit union members & member employees with qualifying corp. id. (ongoing verification). $100 Cash Reward for new smartphone lines activ. up to 15 lines. Req. activ. at point of sale. Excludes CL, MBB devices, tablets, Sprint Phone Connect, upgrs., replacements & ports made between Sprint entities or providers associated with Sprint. Limit one SWP Corp ID per Sprint acct. No add’l. discounts apply. Loyalty Reward: $100/acct./yr. when Sprint acct. remains active and in good standing each yr. Transfer Reward: Members participating in another discount program are eligible for a $100/acct./yr. deposit on their 12mo anniversary transferred to Cash Reward program. Deposit: Cash Reward issued by CU Solutions Group. Sprint acct. must remain active and in good standing for 31 days to receive Cash Reward. Allow 6-8 wks. for Cash Reward to be deposited to your Credit Union acct. If the Cash Reward does not appear after 8 wks., visit lovemycreditunion.org/sprintrewards & click on “Cash Rewards Tracker”. Other Terms: Offer/coverage not avail. everywhere or for all phones/networks. May not be combinable with other offers.  Offer, terms, restrictions, & options subject to change & may be modified, discontinued, or terminated at any time without notice. Restrictions apply. © 2018 Sprint. All rights reserved. Sprint & the logo are trademarks of Sprint. Other marks are the property of their respective owners.

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