Chip Lupo, Credit Card Writer
@CLoop
OneMain Financial BrightWay® Card rewards do not expire as long as your account is open and in good standing. You will forfeit any rewards you have yet to redeem if you or WebBank closes your OneMain Financial BrightWay® Card account for any reason.
Similarly, WebBank will cancel any existing rewards if you’re late making the minimum payment.
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You should redeem credit card rewards as often as possible, whether they’re points, miles, or cash back. It is important to redeem often because credit card rewards can be devalued or expire, depending on the type of rewards they are.
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You also forfeit any milestone rewards if you fail to claim them between your 6th on time payment and the start of your next billing cycle. There's only a few days between the two dates. I lost mine and have yet to call and see if I can still get it. But the terms say no.