Great Rewards
Great Tax Great Rewards Program
Great Tax Bank Product customers can earn cash with the Great Rewards program! You can earn up to $3.00 per paid federal RAL/non-RAL bank product return if your qualifying volume is at least 500 paid bank product returns.
Qualifying volume for non-RAL bank products includes all non-RAL bank product returns where the IRS deposit is enough for a check to be printed or a deposit to be made.
To include RAL returns in your qualifying volume, your Unpaid/Delinquent Loan Percentage must be 1.00% or less. If your percentage is 1.00% or less, your qualifying RAL returns include all approved and fully paid Refund Anticipation Loans.
If your qualifying bank product return volume is at least 500 returns as of August 31, 2010 you are eligible to receive Great Rewards according to the following schedule:
| Qualifying Volume through 8/31/2010 |
Amount paid to you |
| 500 - 1000 returns |
$1.00 per return |
| 1001 - 1500 returns |
$1.50 per return |
| 1501 - 2500 returns |
$2.00 per return |
| 2501 and more returns |
$3.00 per return |
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| Great Rewards Revenue Really Adds Up! |
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| Example One: |
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| Qualifying Non-RAL bank product returns |
1000 |
| Approved and paid RAL returns |
| (Unpaid/Delinquent Loan Percentage of 0.50%) |
1600 |
| Total Qualifying Volume |
2600 |
| Great Rewards: 2600 x $3.00 = $7800 |
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| Example Two: |
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| Qualifying Non-RAL bank product returns |
600 |
| Approved and paid RAL returns |
| (Unpaid/Delinquent loan Percentage of 3.50%) |
100 |
| Total Qualifying Volume |
600 |
| Great Rewards: 600 x $1.00 = $600 |
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Your Unpaid/Delinquent Loan percentage is calculated as the overall ratio of Unpaid RAL balances to Total RAL Balances.
Greatland's Great Rewards will be calculated as of August 31, 2010, and will be paid by October 15, 2010.
Note: Any outstanding unpaid invoices from Greatland, will be deducted from your incentive amount. All Great Tax Bank Product returns are subject to a $12.00 or $18.00 Great Tax Network/Technology Fee which is deducted from the taxpayer's expected refund in addition to the Bank Fees.
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