Important information about the Masters Club program (December 19, 2016)
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Masters
Club

IMPORTANT INFORMATION ABOUT THE MASTERS CLUB PROGRAM

Redemption Code

Starting July 1, 2016, PLATINUM, PLATINUM PLUS and PLATINUM PRESTIGE1 Members can earn 1%, 1.5% or 2% (respectively) in Masters Club Rewards on the purchase of Eligible RCM Products2 from the Royal Canadian Mint (RCM) during a Program Year (July 1 to June 30), up to a maximum reward value of $1,000 CAD in a Program Year. To be eligible, purchases must be made from the RCM directly (i.e. through the RCM call center, online at mint.ca, through the RCM mobile application or from one of RCM's retail locations).

Masters Club Rewards are distributed in the form of a redemption code. The redemption code value will be based on the member's total purchases of Eligible RCM Products from the RCM (before tax) between July 1 and June 30. For example, if you reach PLATINUM status by June 30, 2017, you will receive a redemption code valued at 1% of your total purchases of Eligible RCM Products from the RCM (before tax) between July 1, 2016 and June 30, 2017.

Unlike other Masters Club benefits, Masters Club Rewards are only earned in the Program Year that the Member attained PLATINUM, PLATINUM PLUS or PLATINUM PRESTIGE Membership. Masters Club Rewards will not be earned in a subsequent Program Year unless the member re-attains at least PLATINUM Membership during that Program Year by making sufficient purchases of RCM products from the RCM.

Example 1: A Member who purchases $2,000 (before tax) in RCM products from the RCM between July 1, 2016 and June 30, 2017, attains PLATINUM status for the 2016/2017 Program Year and will receive a redemption code valued at 1% of their total purchases of Eligible RCM Products from the RCM (before tax) between July 1, 2016 and June 30, 2017. If that Member purchases less than $2,000 in RCM products from the RCM between July 1, 2017 and June 30, 2018, they will not qualify to receive a redemption code for their purchases of Eligible RCM Products from the RCM during the 2017/2018 Program Year (though they remain a PLATINUM Member for the 2017/2018 Program Year for the purposes of other program benefits).

Example 2: A Member who purchases $10,000 (before tax) in RCM products from the RCM between July 1, 2016 and June 30, 2017, attains PLATINUM PRESTIGE status for the 2016/2017 Program Year and will receive a redemption code valued at 2% of their total purchases of Eligible RCM Products from the RCM (before tax) between July 1, 2016 and June 30, 2017. If that Member purchases $5,000 (before tax) in RCM products from the RCM between July 1, 2017 and June 30, 2018, they will be treated as a PLATINUM PLUS member for the purposes of the Masters Club benefit for the 2017/2018 Program Year, and will receive a redemption code valued at 1.5% of their total purchases of Eligible RCM Products from the RCM (before tax) between July 1, 2017 and June 30, 2018 (though they remain a PLATINUM PRESTIGE Member for the 2017/2018 Program Year for the purposes of other program benefits).

Because Masters Club Rewards were introduced on July 1, 2016, purchases of Eligible RCM Products made prior to July 1, 2016 are not eligible.

Redemption codes will be sent to eligible members after the end of the applicable Program Year. Redemption codes can be applied towards the purchase of Eligible RCM Products (excluding products referred to as subscriptions on mint.ca) through the RCM website (www.mint.ca), mobile app or call center. The redemption code cannot be applied to purchases made at a RCM retail location. The redemption code is valid for a single transaction only, and expires 90 days after issuance. Any unused value will be forfeited. Redemption codes have no cash value.

Free Coin Benefit for PLATINUM PLUS and PLATINUM PRESTIGE

One free coin from the first special Masters Club coin collection of a Program Year is still a benefit of PLATINUM PLUS and PLATINUM PRESTIGE Membership. In order to be eligible for this benefit a member must reach PLATINUM PLUS or PLATINUM PRESTIGE status before September 1 of a Program Year. Members who achieve PLATINUM PLUS or PLATINUM PRESTIGE status at a later date in the Program Year will not receive a free coin for that Program Year, but will be eligible for a free coin from the first special Masters Club coin collection of the following Program Year. There is a limit of one free coin per Program Year per Masters Club account.

Moving Between Tiers

Masters Club members who graduate from a lower tier to a higher tier become entitled to all new membership benefits associated with that higher tier, subject to any eligibility restrictions (such as eligibility deadlines for certain benefits). Duplicate benefits will not be provided.

Coin Collection Case

Effective June 30, 2016, the free MC Monogram premium wooden coin collection case is no longer a benefit of the Masters Club program.

Future Changes

Please note that it may be necessary for us to make changes to the Masters Club program in the future, including to address member feedback or manage operational requirements. Therefore we reserve the right to make future changes to the Masters Club program at any time and for any reason without prior notice to Masters Club members. These changes may impact the nature of the benefits and rewards provided under the program, as well as the manner in which membership tiers and eligibility for benefits and rewards are determined.

1PLATINUM PLUS and PLATINUM PRESTIGE Membership are the 4th and 5th tiers of Masters Club Membership and are higher tiers than PLATINUM.

2Eligible RCM Products are RCM products with the exception of: any and all regular circulation coin rolls, such as any roll of five-cent coins, ten-cent coins, and/or twenty-five cent coins as well as any roll of one-dollar coins and/or two-dollar coins; any "Face Value" coins (for example: coins sold as $20 for $20, $50 for $50, $100 for $100, etc.); or any commemorative circulation coin products sold as circulation coins (for example: any commemorative circulation coin product sold at face value).