In Bonusly, there are two types of point balances:

Giveable points are allocated points you and your teams have to give out recognition across your company. Each user has a monthly giveable allowance balance that automatically refreshes on the first of each month. At the end of the month, any unused points will expire.

Example: You start January with 200 points to give out. Throughout January, you give out 25 of those points. On February 1, you start fresh with 200 points (not 375). 

Redeemable points are points received in recognition from teammates. They can be redeemed for rewards in your company's Bonusly catalog. Your redeemable balance has no expiration, allowing you to save up indefinitely.

Example: You start January with zero points from your colleagues. Throughout January, you receive 270 points from your colleagues. You spend 50 of those points on a gift card in January. At the beginning of February, you will have 220 points in your redeemable balance.

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