When is a Credit Voucher given? - Savings Club
Sevings-Club

When is a Credit Voucher given?

Adriano
CEO at XNV
March / 15 / 2022

Each month, the Club goes through an assessment that determines whether the Common Fund has a large enough balance to issue a Credit Voucher (there must be a balance of at least 2x the Club value), how many vouchers can be issued, and which members are going to receive a voucher that month.

The frequency with which credit vouchers are issued is determined by the number of members in the Club. Clubs with more members have the funds to issue credit vouchers more often than Clubs with fewer members. That is why it is essential to spread the word and invite friends and family to join the Club.

Recent blog posts

12-09-22

5 Car Costs to Plan For

Getting a car is just the first step. Do you plan on driving your car directly after you buy it? Make sure you plan for these five standard fees that many people don’t think about while planning to purchase a vehicle. These fees aren’t ...

22-08-22

What Are the best Car Models to Buy Pre-Owned?

If you are ready to purchase a used car, many people have the question: what car models should I buy? This article will show you the benefits of buying pre-owned. What are the best Car Models to Buy Pre-Owned? There are a lot of factors to ...

Mercedes Benz Parked in a Row 22-08-22

Which are the largest car shows in Tx?

Car shows are a tradition in Texas. From the first sizeable Texan car show at Fair Park to the most significant annual car show to keep the spirit of Texas strong, there are plenty of fantastic car shows throughout our great state. In this ...

SEE MORE

Subscribe now

Get deals for the the car of your dream sent to your inbox.