Renegade Whitepaper
  • A word from the founder
  • The Challenges Facing Traditional Financial Markets
    • Financial Markets
  • Renegade - bridging the gap
    • Cryptocurrencies vs. traditional financial markets
    • Limited global availability
  • Mission
    • Accelerate the World’s Transition to Cryptocurrency
  • Vision
    • Cryptocurrency for everyone.
  • Future of the Internet - Web3
  • The challenges currently facing cryptocurrency exchanges
    • Insufficient compliance
    • Isolation from traditional banking
    • Trading fees
  • Issues with cryptocurrency wallets at present
    • Asset safety
  • Banking challenges with cryptocurrencies
    • Limited accessibility
  • Challenge Identification and Our Approach
    • Principal Obstacles in Promoting Cryptocurrency Adoption
    • Our Approach
  • Renegade Payment Solutions
    • RenegadePay
    • Unique Selling Proposition
  • The Renegade App
    • User Experience
      • Buy & Sell Crypto
      • Send & Withdraw Crypto
      • Manage the Visa Card
      • Track Crypto
    • Traditional Banking
    • Currency Exchange
    • Security
      • Secure Wallets
      • Two-Factor Authentication (2FA)
      • Biometric Authentication
      • Encryption
      • Suspicious Activity Monitoring
      • Instant Notifications
    • Renegade Wallets
      • Our Offering
      • Custodial
      • Non-custodial
    • Renegade Lend
  • Renegade’s Business Model
    • Renegade Exchange
      • Our Offering
    • User Experience
      • Spot Trading
      • Margin Trading
      • Derivatives Trading
      • Staking Benefits
        • Fixed Stake-and-Earn
        • Flexible Staking
      • Other Features & Promotions
    • Revenue streams
      • Transaction fees
      • Exchange fees
      • Renegade Lend
      • Future revenue streams
  • Visa Card
    • The Renegade Reward System
    • The Renegade Squad
    • Renegade Squad Points (RSP)
      • How To Earn Squad Points
        • Staking RNG
      • How To Use Renegade Squad Points
        • Reward %
        • Reward Cap
        • The Renegade Benefits
    • The Founders Editon
      • Founders Cards
      • Founders NFTs
  • The Renegade Tokenomics
    • Tokenomics
      • Token Information
      • Token Distribution
    • Token Utility
  • Company Background
  • Status Quo Renegade
  • Links
    • Twitter/X
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  1. Visa Card
  2. Renegade Squad Points (RSP)
  3. How To Use Renegade Squad Points

The Renegade Benefits

Renegade offers a unique benefits system that allows users to earn rewards while using their favourite services. Here's how it works:

  1. Choose Your Benefits: Renegade is offering benefits for over 100 companies across various sectors, including entertainment (Netflix), retail (Amazon, Lidl), music (Spotify), and transportation (Deutsche Bahn). Users can choose which of these companies they want to earn benefits from.

  2. Earn Rewards: For each benefit chosen, users receive a €10 reward in Renegade Tokens (RNG). This means that if a user chooses Netflix as a benefit, they would receive €10 in RNG when the subscription or payment is taken from their IBAN account.

  3. Flexibility: Users have the freedom to change their benefits each month to match their lifestyle. This means that if a user chooses Netflix one month, they could switch to Amazon or Spotify the next month. This flexibility allows users to maximise their rewards based on their current needs and preferences.

  4. Stack Your Benefits: If a user particularly enjoys one service, they have the option to stack all their benefits on that single service. For example, if a user is a big fan of Amazon, they could choose to allocate all their benefits to Amazon, maximising their rewards for that specific service.

In essence, the Renegade benefits system is designed to reward users for using the services they love, offering flexibility and customisation to suit each user's unique lifestyle.

Important notice: In the Renegade rewards system, the chosen benefits by a user become locked in for a period of one month. This means that once selected, the benefits remain unchanged until the completion of that month. If a user decides not to update their benefits for the upcoming month, their previous month's benefits continue to apply. To illustrate, suppose a user does not update their benefits for three consecutive months and then decides to make a change. From the day the changes are implemented, the new benefits will be locked in, and no further alterations can be made for a full month, thus allowing the user to change their benefits only one time per month. This system provides flexibility while also ensuring consistency in the user's rewards scheme.

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Last updated 1 year ago