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Tui credit card closing September 14th

We've received an email from Tui stating their partnership with NewDay (credit card partner) is closing on 14th September, 2020. Any loyalty points earned will need to be redeemed by 14th September as well, which means booking a trip. Not necessarily easy with Covid-19 and all the restrictions. Does anyone know if Tui would put the points on to a gift voucher to spend at a later date? Or any other way of not losing money built up through loyalty?? Thanks! 

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